5 Top-Grossing Broadway Musicals

AAA

Highest-Grossing Musicals

It's not cheap to produce a Broadway musical. One of the most talked about new musicals, "Spider Man, Turn off the Dark," cost $75 million to stage, according to the New York Times. While that is one of the most expensive shows ever staged, a price tag of $10 to $15 million is normal for feature musicals. Broadway producers report that many musicals struggle to break even on an annual basis.

The Lion King

In April of 2012, "The Lion King" surpassed "Phantom of the Opera" as the highest-grossing musical on Broadway. As Broadway's sixth longest-running musical, "The Lion King" has brought in more than $853 million. The musical is based on the popular Disney film of the same title. The film brought in more $945 million worldwide.

The Phantom of the Opera

With it's 25th anniversary season coming up in 2013, "The Phantom of the Opera" is the longest-running musical on Broadway. In it's first year, it won a record seven Tony awards and was performed nearly 10,000 times. It has grossed more than $850 million.

Wicked

Wicked centers around the Wicked Witch of the West from "The Wizard of Oz" and is based on the novel called "Wicked: The Life and Times of the Wicked." It opened on Broadway in 2003 and has grossed about $477 million.

Mamma Mia!

"Mamma Mia!" tells the story of a soon-to-be bride in search of her real father. It uses the music of the 70s Swedish group ABBA and is still running on Broadway. It has grossed more than $441 million.

Beauty And The Beast

Disney movies have been adapted into Broadway plays numerous times, but "Beauty and Beast" was the first. Based on the 1991 Disney film, this musical ran on Broadway from 1994 to 2007 and grossed roughly $429 million.

Conclusion

Just like movies, some Broadway musicals beat the odds and become iconic. Even those largely unfamiliar with Broadway know of these five top-grossing Broadway musicals of all time.

Related Articles
  1. Markets

    Ticket Sales for Broadway's Hamilton Remain Strong

    Since its premiere in 2015, 'Hamilton' has grossed more than $60 million. The musical actually grossed $1.6 million in ticket sales last week alone.
  2. Professionals

    Youtube Music Negotiations Could Boost Youtube Red (GOOGL)

    Music labels intend to drive a tough bargain during renegotiation of music licenses with Youtube. But those renegotiations could end up boosting Youtube Red subscriber numbers.
  3. Markets

    T-Mobile Pushes Binge On, Music Freedom Expansion

    Through its Binge On and and Music Freedom programs, T-Mobile (NASDAQ: TMUS) has found a way for its customers to have their cake and eat it, too. The program, which is free to the carrier's ...
  4. Insights

    Music Streaming Platform SoundCloud Will Expand to Europe

    Soundcloud announces an expansion into Ireland and the UK as well as a new advertising platform.
  5. Insights

    Apple Music Plays a Familiar Tune

    After the past couple of weeks, where Apple stock has been ravaged by a rash of negative headlines, this news should be music to investors' ears.
  6. Personal Finance

    Spotify Comes to Amazon Echo: Is This the End of Prime Music? (AMZN)

    Why has Amazon partnered with a competitor to stream music through its Echo speakers?
  7. Markets

    Hasbro to Bring "Monopoly" to Broadway

    Expanding on the concept of adapting popular games into movies (i.e., Battleship, Dungeons & Dragons), Hasbro (NASDAQ: HAS) this week unveiled plans to adapt Monopoly for the stage. Broadway ...
  8. Markets

    The Role of YouTube In the Music industry

    A look into YouTube's role in the music industry in regards to the fans, the musicians and the record industry.
  9. Insights

    Spotify Reaches 100M Users, But So What?

    Spotify may be forced to spend even more money to maintain a lead in total monthly active users that may not even matter.
  10. Insights

    'Hamilton' Tickets Skyrocket to $849

    To fight scalpers who are pulling in an estimated $60 million per year, "Hamilton" producers are raising ticket prices for the best seats to $849 each.
Hot Definitions
  1. Put Option

    An option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security ...
  2. Frexit

    Frexit – short for "French exit" – is a French spinoff of the term Brexit, which emerged when the United Kingdom voted to ...
  3. AAA

    The highest possible rating assigned to the bonds of an issuer by credit rating agencies. An issuer that is rated AAA has ...
  4. GBP

    The abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories ...
  5. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  6. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
Trading Center