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October 16, 2013 by · Leave a Comment 

The Broadway version of Disney’s The Lion King is due to become the first stage show in New York to gross $1 billion, the Hollywood Reporter observed today (Wednesday) in its magazine edition. The trade publication observed that the show, which made its Broadway debut on Oct. 15, 1997, had collected $997 million as of Oct. 6, 2013. By contrast, the film version, which premiered in 1993, has grossed $423 million domestically. The 21 international stage productions of Lion King have now grossed $5 billion, while the worldwide box office for the movie stands at $961 million. While the gross revenue figure may seem impressive, profits are considerably smaller as it does take a considerable amount of money to keep a big musical production going on Broadway. The Reporter estimated the cost at $600,000 to $700,000 per week.