Ticket sales have gone up since the closing announcement, but January, February and March can be bleak months on Broadway. Weekly grosses in August and September hovered around the break-even point, according to figures published by. Tourism has not returned as fast as theater producers had hoped, and “Phantom,” as much of a tourist attraction as the Empire State Building, has taken a hit. It’s a victim of Broadway’s rising costs and soft market as New York City struggles to recover from Covid-19. Last month, the producers of “The Phantom of the Opera” announced that after 35 years on Broadway, the show will play its final performance on Feb.
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