Andrew Lloyd Webber has confirmed he is working on a sequel to megasuccessful musical 'The Phantom of the Opera,' reports Variety. On his official website, the composer has released a video announcing the project, which will be set in New York City. This is after the collapse of a previous partnership with novelist Frederick Forsyth to create a sequel, although Forsyth did come out with the novel "The Phantom of Manhattan," a sequel to "Phantom" set in --- you guessed it --- New York.