The longest-running Broadway show is "The Phantom of the Opera," which premiered on January 26, 1988, at the Majestic Theatre in New York City. Composed by Andrew Lloyd Webber, the musical is based on Gaston Leroux's novel about a mysterious figure who lives beneath the Paris Opera House and falls in love with a young soprano. Its captivating score, elaborate staging, and elaborate performances contributed to its enduring popularity. "The Phantom of the Opera" has received numerous awards and accolades, including multiple Tony Awards, and remains a significant part of theatrical history.