"Behind the Curtain of a Billion-Dollar Budget: 'Phantom of the Opera' Costs Revealed A recent report from NYC.gov has shed light on the astronomical costs associated with producing the iconic Broadway musical, 'The Phantom of the Opera.' The long-running show, which has been a staple of New York City's theater scene for decades, has been estimated to have a staggering budget of over $1 billion. As the show continues to captivate audiences with its grand sets, elaborate costumes, and memorable performances, the question on everyone's mind is: what exactly goes into producing such an expensive and enduring spectacle? With the report revealing a breakdown of the show's expenses, from talent fees to production costs, readers can gain a deeper understanding of the business side of Broadway's most beloved productions."
“The Phantom of the Opera”-ting Budget NYC.gov