It's only on limited release in the USA at the moment, so it can be entered in for the OSCAR selections. It has earned $16.2M already, so when it goes nation-wide on January 21st I'd expect it to be a lot bigger!
To be honest I loved it! Everything about it was fantastic, from the opening "revival" of the Opera house with the rising chandalier (the burst of music certainly got me excited), to the great songs, sublime and humourous acting, and a heart-breaking finale!
A small-review I know, but I don't have to time to go into more detail.