The musical opened on Broadway at Lincoln Center's Vivian Beaumont Theater on December 10, 1992, and closed on January 10, 1993, after 36 performances and 45 previews.

The cast included Evan Pappas, Tim Curry, Tom Mardirosian, Katie Finneran, Andrea Martin (in her Broadway debut), Josh Mostel, and Lainie Kazan, who reprised the role of Benjy's mother she had played in the film.

"[7] In the 1950s, Benjy Stone (a Mel Brooks-type), is a sketch writer for a live television variety show starring King Kaiser (a Sid Caesar-type) ("Twenty Million People").

Signed for a guest appearance is Alan Swann (an Errol Flynn-type), a one-time movie idol whose career was disrupted by his addiction to alcohol and loose women.

The album, My Favorite Year (Original Broadway Cast Recording) was released in 1993 with Andrea Martin, Lainie Kazan and Tim Curry on RCA Victor.