Lion King on Broadway_"The Lion King" is officially Broadway's all-time highest grossing show.

Box-office figures released Monday show that "The Lion King" last week swiped the title from "The Phantom of the Opera" grossing more than $850 million.

"The Lion King" surged past "Phantom" after netting more than $2 million at the box office for the week ending Sunday, bringing its total to $853,846,062.

What makes the achievement all the more remarkable is that "The Lion King" chased down and grabbed the title despite "Phantom" having almost a full 10 years' head start. The Disney show opened in November 1997, while "Phantom" debuted in January 1988. The upstart's victory is due in large part to its higher average ticket prices and a slightly larger theater.