Meg brandishes a gun to make the Phantom finally pay attention to her as she describes the lengths the Girys have gone to over the years to ensure the success of Phantasma, including Meg's offering herself to men in high places to "grease the wheels of [the Phantom's] high-flying deals". The Phantom apologizes for his failure to truly see Meg and her contributions, but when he unthinkingly mentions Christine, Meg becomes enraged and accidentally fires the gun, shooting Christine. The Phantom rushes to Christine and orders Madame Giry to go for help while Meg looks on in stunned horror at what she has done. Christine reveals to Gustave that the Phantom is his real father and she tells the Phantom that her love for him will never die. The Phantom and Christine share a final kiss and she dies in his arms. The Phantom has Meg hold Christine's body as he moves to comfort Gustave, who unmasks him without fear. Ten years after the events at the Paris Opera, the Phantom is now a well known tycoon and the mastermind of Phantasma, a Coney Island amusement park. Despite his success, he is tortured by the absence of Christine Daaé in his life and longs to hear her sing again ("Til I Hear You Sing"). At Phantasma, a trio of freak show performers (Dr. Gangle, Miss Fleck, and Mr. Squelch) introduce the wonders of Coney Island ("The Coney Island Waltz"). Meg Giry, Christine's friend from the Paris Opera, has become "The Ooh La La Girl" in The Phantom's vaudeville show, which Madame Giry produces. Meg and the Phantasma cast win the crowd over with their performance ("Only for You"). Madame Giry has read in the newspaper that Christine is coming to New York to sing for Oscar Hammerstein I at the opening of his new Manhattan opera house. She expresses concern that Meg has lost the attention of the Phantom and reminisces about how she and Meg smuggled him from Paris, France to New York City ten years ago. Meg ignores her mother's warnings, and looks with joy towards her old friend coming to visit after such a long time ("Ten Long Years"). Christine, Raoul and their ten-year-old son Gustave arrive in New York and are met by crowds of paparazzi ("Christine Disembarks"). They are greeted by Gangle, Fleck and Squelch, who arrive in a horseless carriage, to take them to Coney Island (“Are You Ready to Begin?”).