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Masquerade Debuts: $25 Million Phantom of the Opera Revival

1/19/2026

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Story summary
  • About 60 attendees experienced an immersive Masquerade version of The Phantom of the Opera.
  • Andrea Goldstein, a fan who has seen the show 14 times, expressed excitement as Masquerade debuted after The Phantom of the Opera closed in 2023, ending a 35-year run.
  • The new adaptation features a cast of 40 actors, a chandelier with over 30,000 crystals, and a production cost of approximately $25 million to produce, including renovations.