“The Phantom of the Opera” — Broadway’s longest-running show — is scheduled to close in February 2023, a victim of post-pandemic softening in theater attendance in New York.
FILE - A poster advertising"The Phantom of the Opera," is displayed on the shuttered Majestic Theatre in New York, March 12, 2020. Broadway's longest-running show is scheduled to close in February 2023, the biggest victim yet of the post-pandemic softening in theater attendance in New York, according to media outlets. — Broadway’s longest-running show — is scheduled to close in February 2023, the biggest victim yet of the post-pandemic softening in theater attendance in New York.
It is a costly musical to sustain, with elaborate sets and costumes as well as a large cast and orchestra. Box office grosses have fluctuated since the show reopened after the pandemic — going as high as over $1 million a week but also dropping to around $850,000. Last week, it hit $867,997 and producers may have seen the writing on the wall.
“As a producer you dream that a show will run forever. Indeed, my production of Andrew’s ‘Cats’ proudly declared for decades ‘Now and Forever.’ Yet ‘Phantom’ has surpassed that show’s extraordinary Broadway run. But all shows do finally close,” producer Cameron Mackintosh said in a statement.
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