The New York Post and the New York Times reported Friday that The Phantom of the Opera is closing after 35 years on Broadway.

Ben Crawford as ″The Phantom″ makes a curtain speech after the curtain call at The 34th Anniversary Performance of Andrew Lloyd Webber's ″Phantom of The Opera″ on Broadway at The Majestic Theater on January 26, 2022 in New York City.

Ben Crawford as The Phantom made a curtain speech after the curtain call at the 34th anniversary of the show.

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Phantom will close on February 18 after 35 years in business.

The cast and crew were made aware of the decision on Friday.

The London show, which has been running for over a decade, will continue.

According to the Times and the Post, the production is losing $1 million a month, even though sales were strong when theaters reopened.

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13,782. According to the Post, the number of performances Phantom has played is how many are left. The Chicago revival has played over 10,000 performances on Broadway.

Key Background

Phantom opened in London in 1986 and on Broadway in 1989. The music is written by a famous composer. It won seven Tony Awards in 1988. It was the first Broadway show to perform 10,000 shows.

Sources tell the New York Post that the opera will close after 34 years.

Broadway's longest running show, "Phantom of the Opera," will close.