The Phantom of the Opera will no longer be shown on Broadway 35 years after its premiere
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The Phantom of the Opera will premiere on Broadway on February 18, 2023. January marks the 35th anniversary of its premiere. This is the longest-running production in Broadway history.
As the representative of the theater explained to the newspaper The New York Times, the musical failed to recover from the pandemic. The flow of viewers has declined and revenues do not cover the cost of showings. As the newspaper notes, The Phantom of the Opera has become an integral part of Broadway and a “magnet for tourists.” Therefore, it seemed that the musical did not depend on fluctuations in the market.
The Phantom of the Opera has been seen by 19.8 million people on Broadway since its premiere in 1988. It grossed $1.3 billion and has been viewed by more than 145 million people worldwide since its premiere in London in 1986. The musical continues to be shown in the UK capital.
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