'Lion King' Surpasses 'Phantom' As All-Time Box Office Champ

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.

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The Disney attraction has now grossed nearly $854 million, pulling just ahead of 'Phantom.'

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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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• Broadway