‘The Phantom of the Opera’, Broadway's longest-running production, will cease in February 2023, becoming the latest victim of New York city's post-pandemic decline in theatregoers. The musical, which has been a mainstay on Broadway since 1988 and has survived war, economic downturns and cultural transformations, will give its last Broadway performance on 18th February. It will come to a close, less than a month after its 35th anniversary and will conclude with a staggering 13,925 performances! With magnificent sets and costumes, a sizable cast and an orchestra, it is an expensive production to maintain. Since the play resumed following the pandemic, box office revenues have varied, peaking as high as over $1 million a week and falling as low as $850,000.