The Tony Award for Best Musical is given annually to the best new Broadway musical, as determined by Tony Award voters. The award is one of the ceremony's longest-standing awards, having been presented each year since 1949. The award goes to the producers of the winning musical. A musical is eligible for consideration in a given year if it has not previously been produced on Broadway and is not "determined... to be a 'classic' or in the historical or popular repertoire", otherwise it may be considered for Best Revival of a Musical.