UPDATE: It's a Hit! After 40 years, Merrily We Roll Along is now Stephen Sondheim's highest grossing show

The cast of Merrily We Roll Along on Broadway celebrate: "It's a Hit!"

[UPDATE 9 July: The last week of the run (ending 7 July) grossed $2,766,127, with the final performance raking in $509,894 - the highest ever gross for a single performance at the Hudson]

Maria Friedman's production of Merrily We Roll Along is not just currently the highest grossing show on Broadway, but it's also now broken the record for the highest grossing Stephen Sondheim show in history.

This week, grosses for Merrily reached a monumental $2,321,807, overtaking the recent production of Sweeney Todd at the Lunt-Fontaine Theatre, which peaked at a weekly gross of $2,261,278.50 at the end of last year.

The infamous flop experienced a reversal of fortune that saw it bag the Best Musical Revival trophy at the Tony Awards (as well as earning Best Actor and Best Featured Actor wins for, respectively, Jonathan Groff as Frank and Daniel Radcliffe as Charley).

In the week ending 2 July, the Hudson theatre enjoyed capacity bookings for all eight performances (7,728 seats/week), despite the average ticket price exceeding $300 ($300.44 to be exact) and the top price reaching $649. Indeed, it's posted 100 full houses with the Broadway League since opening night, propelling the total gross for the 304 performances (and 20 previews) to a staggering $68,407,251 - from a total attendance of 312,984 patrons. Even in the opening week of six previews, the show generated $1.3 million - a house record for the Hudson.

The show finishes on 7 July, which is why tickets on StubHub are currently selling at upwards of $7,000! For those unable to catch the final performances, or justify the cost of a luxury family holiday for one seat, the good news is that the show is being recorded by RadicalMedia, the production company that filmed Hamilton and Come From Away.