“Phantom of the Opera,” a Broadway fixture for so long that it feels like part of the fabric of New York City, will close after a 35-year run.
The beloved musical will take its final bow at the Majestic Theatre on Feb.18, 2023, soon after celebrating its 35th anniversary, a representative for the show confirmed to NBC News Friday.
The longest-running show in Broadway history, “Phantom” opened at the Majestic Theatre on 44th Street in January 1988 and has played more than 13,000 performances to date. As of mid-afternoon Friday, the show’s website was still offering tickets for purchase through Jan. 22 of next year.
The New York Times reports that the production never truly recovered from the economic fallout brought on by the pandemic — a reality that closed many Broadway shows.
“The year since Broadway returned from its damaging pandemic lockdown, the theatergoing audience has not fully rebounded, and “Phantom,” which came back strong last fall, has not been selling well enough to defray its high weekly running costs,” The New Times reports.
The New York Post reported the show has been losing $1 million a month since its post-COVID reopening about a year ago.
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