Entitled Phantasia, the recording is due in U.S. stores July 19 on the EMI Classics label. The disc features music from both the stage productions of The Woman in White and The Phantom of the Opera as well as music written for the recent film of the latter. At the time Lloyd Webber was composing the score for the stage version of Phantom, he envisioned a separate work for violin, cello and orchestra. The violin would assume the role of up-and-coming opera star Christine Daae and the cello would assume the role of the Phantom. Twenty years had passed until Lloyd Webber revisited the idea with his brother Julian: the result is Phantasia.

About the concept, Julian Lloyd Webber said in a statement, "It was one of those ideas that always felt 'right' but neither of us seemed to have the time to develop it." About his co-star in the project, Julian added, "What can I say about Sarah Chang that hasn't already been said? Except, perhaps, that her stunning interpretation of the part of Christine makes it entirely believable that the Phantom would fall in love with her!"

Geoff Alexander worked as arranger and orchestrator for the new recording, which also features a suite from Lloyd Webber's newest musical, The Woman in White. Both the Phantom and Woman in White portions of the recording feature the London Orchestra under the baton of Simon Lee.