NEW YORK (CBSNewYork) -- There's a new king on Broadway.
'The Lion King' has passed 'The Phantom of the Opera' as the all-time box office champion.
The Disney attraction has now grossed nearly $854 million, pulling just ahead of 'Phantom.'
Despite the new rankings, 'Phantom' still holds the world box office crown for a stage musical, with ticket sales of $5.6 billion.
'The Lion King' has grossed $4.8 billion.
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