The King of Broadway is No Longer a Phantom

Yesterday, history was made on Broadway as the longest running musical in Broadway history, The Phantom of the Opera, was ousted as the highest grossing Broadway show in history. Instead, it looks like the king of the savanna is now also the king of Broadway. Thats right, Disney’s The Lion King has topped Andrew Lloyd Webber’s The Phantom of the Opera as the highest grossing musical in Broadway history.

The associated press first broke the news yesterday and then Disney Theatrical’s proudly confirmed the news. Disney’s The Lion King has now produced a cumulative gross of $853,846,062 while The Phantom of the Opera comes in just below at $853,122,847. The Lion King is upcoming it’s 15th year on Broadway while The Phantom of the Opera is upcoming it’s 25th. So how exactly did the Broadway jungle get a new king?

Disney’s The Lion King is  currently playing at The Minskoff Theatre which seats a total of 1,677 people while The Majestic Theatre where The Phantom of the Opera is playing only seats 1,605. Also, Disney is also currently able to charge more for their tickets without being unreasonable. Last week, the average ticket price for The Lion King was $155.09 while the average price for The Phantom of the Opera was $98.97. What pushed it over the top was last week’s gross income for both productions with The Lion King‘s at $2,081,189 and The Phantom of the Opera bringing in $1,262,881. However, despite all this, don’t worry – neither shows are likely to close anytime soon.

When asked about the high honors for the Broadway production, President of Disney Theatricals Thomas Schumacher had nothing but bright words for both productions involved.

“Naturally we’re humbled by this milestone, a feat that can be explained in two words: Julie Taymor. Her vision, continued commitment to the show and uncommon artistry account for this extraordinary success. We also salute Andrew Lloyd Webber and our Mary Poppins partner Cameron Mackintosh on Phantom of the Opera, a global phenomenon of historic proportions. Above all, this accomplishment belongs to our audiences, millions of whom are experiencing their first Broadway show at The Lion King. Surely, introducing so many to the splendor of live theatre is our show’s greatest legacy.”

For all you Phantom fans currently feeling down, have no fear! Despite the fact that both musicals are known and can be seen around the world, The Phantom of the Opera still reigns supreme in that category.

When it comes to worldwide gross, The Phantom of the Opera has pulled in $5.6 billion dollars internationally while The Lion King has pulled in $4.8 billion. Both shows also currently are holding and breaking records on Broadway with their total performance count. The Phantom of the Opera is currently the #1 longest running Broadway show in history while The Lion King is currently the #6 longest running show in Broadway history. Truly high honors all around for both productions.

So if you get the chance, check out either The Phantom of the Opera or The Lion King on Broadway! Both productions are absolutely fabulous and true theatrical events to be seen. For more information, check out The Phantom of the Opera or The Lion King’s Official Broadway Website. You can also check out the Phantom Facebook Page or The Lion King Facebook Page for more! And of course, check out the rest of Luner on Theatre for all your theatre news you don’t only want but need to know and more!

Today, there is a New King of Broadway

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