NEW YORK — “The Phantom of the Opera” — Broadway’s longest-running show — is scheduled to close in February 2023, the biggest victim victim yet of the post-pandemic softening in theater attendance in New York.
The musical — a fixture on Broadway since 1988, weathering recessions, war and cultural shifts — will play its final performance on Broadway on Feb. 18, a spokesperson told The Associated Press on Friday. The closing will come less than a month after its 35th anniversary.
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.
Based on a novel by Gaston Leroux, “Phantom” tells the story of a deformed composer who haunts the Paris Opera House and falls madly in love with an innocent young soprano, Christine. Andrew Lloyd Webber’s lavish songs include “Masquerade,” ″Angel of Music,” ″All I Ask of You” and “The Music of the Night.”