Broadway’s Biggest Show Of 2023 (So Far): ‘Phantom’ Goes Out With A Bang

July 4, 2023

in Business

Reading Time: 4 mins read

Topline

Phantom of the Opera is the highest-grossing show on Broadway so far in 2023, based on averages of shows’ weekly grosses shared by the Broadway League, as the Andrew Lloyd Webber musical went out on a high note following a record-breaking 35-year run—part of a broader trend this year of audiences flocking to long-running musicals as Broadway continues to recover from the Covid-19 pandemic.

Key Facts

Phantom grossed $2.75 million per week on average between January 2 and its closing performance on April 16, with its final week on Broadway grossing $3.74 million and having an average ticket price of $287 (with individual tickets going as high as $1,498)—far higher than the $800,000 to $1 million the show grossed weekly in 2022 before posting its closing notice in September.