"Into The Woods," with music and lyrics by Stephen Sondheim and book by James Lapine, made it's Broadway debut in 1987.
Magnussen was most recently nominated at the Tony Awards for his work in "Vanya And Sonia And Masha And Spike." He starred as Casey Hughes in AS THE WORLD TURNS from 2008-2010.
Gyllenhaal dropped out due to a scheduling conflict.
The Magnussen casting has now been confirmed.
More cast updates: Mackenzie Mauzy (ex-Phoebe, THE BOLD AND THE BEAUTIFUL) as Rapunzel, Lucy Punch as Lucinda, Tammy Blanchard (ex-Drew, GUIDING LIGHT) as Florinda, Christine Baranski (ex-Beverly, ANOTHER WORLD) as Cinderella’s Mother, and Tracey Ullman (ex-Tracey, ALLY MCBEAL) as Jack’s Mother.
Check out Mauzy performing “I Want to Spend My Lifetime Loving You” with former DAYS OF OUR LIVES and B&B star Kyle Lowder below (Lowder currently stars in hit indie soap DEVANITY).