The production will now run through September at the Circle in the Square Theatre.
McDonald steps into her Tony-winning role for the 100th time today.
The two-disc set will be available for purchase on July 15.
The five-time Tony winner and star of Lady Day at Emerson's Bar & Grill matches wits with Colbert before blowing "What a Little Moonlight Can Do" out of the water.
You now have a lot more time to catch McDonald sing the blues as Billie Holiday.
The five-time Tony Award winner plays legendary jazz singer Billie Holiday.
Five-time Tony winner Audra McDonald, the show's star, sings the music of Holiday on the upcoming cast recording.