While that total seems impressive, it didn’t cover the cost of the production, which features a largely-than-usual cast and orchestra the New York Post reported that Phantom was losing $1 million a month prior to Friday’s announcement, citing a downtrend in post-pandemic tourism. While Phantom initially rebounded out of its Covid-19 hiatus with weekly $1 million grosses, ticket sales had softened in recent months, and the musical brought in $867,997 during the week ending Sept.
“As a producer you dream that a show will run forever,” producer Cameron Mackintosh said in a statement “Indeed, my production of Andrew’s Cats proudly declared for decades ‘Now and Forever.’ Yet Phantom has surpassed that show’s extraordinary Broadway run.
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