IMO the only way Phantom will close while it is still making money is if ALW finnally succeds in forcing Love Never Dies to Broadway in a situation similar to Disney closing Beauty and the Beast for The Little Mermaid. Although he didn't do this in the West End...space is much more limited on Broadway, and unless the Shuberts, Neaderlanders, or Jujamcyn needs to fill a theater desperately, I don't think they would give one to ALW for the clunker. The only way Love Never Dies will get a theater to fail at within the next 5 years is if he can close Phantom, and replace it with Love Never Dies. ***I/anyone with a brain knows this will never happen.
People need to realise that the 4-6 weeks of million dollar summer grosses mean nothing to Phantom's longevity. The grosses one really have to look at are its fall and winter grosses which teeter between $600,000-$800,000. Spring, Summer and Holiday grosses can only make up so much in losses. Also realise the running costs are likly greater in the off months due to the additional marketing and running costs rise over time especially in a lavish production like Phantom.
Phantom's producers have already (and recently) gone through a series of cost cutting measures, which they can only do so often. The also spent tons on a brand new look/marketing scheme. With that said odds are the show will close within the next 10 years (which i know is a long span, but when a shows already run 25 years, 10 years isnt that long a time)
Updated On: 7/28/12 at 05:42 PM