'Losing $1 Million a Month': Broadway's Longest-Running Show Is Closing

After nearly 35 years of delighting audiences on , The Phantom of the Opera is closing. The final performance will take place on February 18, when the masked Phantom and the famed falling chandelier will make their last appearance—at least in .

The show opened in New York in 1988 and has had the longest run in Broadway history. It was also the most profitable for decades until The Lion King roared into town and took that crown.

The Phantom of the Opera has earned $1.30 billion during its impressive Broadway run, according to the Broadway League, and has played an astonishing 13,733 performances with over 19 million

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