MONTREAL -- For the second year in a row, Cirque du Soleil is cancelling the show planned to take place in Montreal's Old Port. The Cirque group also owns the long-running Blue Man Group show at Luxor, which has yet to return to performances since the March shutdown of the Strip. MONTREAL — Cirque du Soleil Entertainment Group says it has completed the sale company to a group of its creditors led by Catalyst Capital Group. Whether it was with our first twenty circus performers or today’s 4,000 employees, we harness our creative energy to incite the imagination, provoke the senses and awaken the emotions of people everywhere. Just before Thanksgiving, the Montreal-based live entertainment group announced the closure of a purchase agreement with its secured lenders and that the company has emerged from the creditor protection period for which it filed in June in Canada and the United States. Cirque du Soleil, the greatest circus show on earth, is home to the world's greatest performers and acrobats. The closing means that Cirque du Soleil… The company announced the closing of … Murren, the former chairman and CEO of MGM Resorts International, is joining the board as co-chairman, along with Gabriel de Alba, managing director and partner of Catalyst Capital Group, the company said. The all-new Cirque du Soleil new show begins March 20 at Disney Springs. The cast performs Strawberry Fields during “The Beatles LOVE by Cirque du Soleil” show at The Mirage Hotel & Casino on July 14, 2016 in Las Vegas, Nevada. Your access to Cirque du Soleil content, all in one place. The company also launched a new online content hub called CirqueConnect during the pandemic shutdown, where a new behind-the-scenes special on “O” premiered last week. "Cirque du Soleil put an entirely new face on entertainment in Las Vegas," says Bobby Baldwin, a top executive with the MGM/Mirage hotel chain, Cirque's business partner in Vegas. The previous ticketed dates are missing from the calendar with the first show time falling at 5:30PM on November 17th. The presence of Murren and another new board member, current MGM President of Entertainment and Sports George Kliavkoff, is confirmation of the strong relationship between Cirque and Las Vegas, which began when the company’s first Strip residency “Mystére” opened at Treasure Island in 1993. cirque du soleil and hangzhou xintiandi group announce reopening dates for 绮幻之境 - the land of fantasy Hangzhou, Tuesday, May 26, 2020 Cirque du Soleil Entertainment Group Announces $50 Million in Funding from Existing Investors TPG, CDPQ, and Fosun After passing the 10,000-show mark last September, the production hired new artists and increased the cast to 117 from 77 in preparation for what should have been its biggest year yet. “It is the same company, the same bunch of artists and creators that are still very passionate about doing new shows. Daniel Lamarre attends the 10th anniversary celebration of "The Beatles LOVE by Cirque du Soleil" at The Mirage Hotel & Casino on July 14, 2016 in Las Vegas, Nevada. Although Cirque du Soleil was originally selling tickets starting on November 5th, the tentative start date of its new production has now been delayed to November 17th. The company announced the closing of the transaction with its secured lenders and its emergence from court protection from creditors today. Cirque du Soleil What the new [ownership] really means for our people is that now I can say the future of the company is guaranteed,” he said. Watch … Cirque today confirmed the closing of the previously announced sale with its secured lenders. Learn More A taste of Cirque du Soleil at Sea on board MSC Grandiosa. Nov 21, 2019 | 11:35am ET Cirque du Soleil videos and latest news articles; GlobalNews.ca your source for the latest news on Cirque du Soleil . The coronavirus pandemic has paralyzed the world of live entertainment. He said he had the “utmost confidence” in Lamarre’s ability to grow the franchise. It will send a clear signal worldwide that Cirque du Soleil is back.”. Cirque du Soleil has announced that it has closed the deal with its secured lenders and is emerging from creditor protection. It’s been a whirlwind past few months for Cirque du Soleil, as the performance company’s been hard hit with debut cancellations, massive layoffs, and even bankruptcy in the wake of the COVID-19 pandemic. Cirque du Soliel Entertainment Group, the company behind multiple blockbuster Strip shows, has emerged from creditor protection in Canada with new ownership and a board including former Las Vegas casino executive Jim Murren. ©Cirque du Soleil. About a year ago, Cirque du Soleil’s aquatic landmark “O” shifted to a seven-night schedule, a first for the dream-like epic that originally opened with Bellagio in October of 1998. The Cirque du Soleil has successfully finished refinancing with Toronto-based investors and plans to relaunch, the company announced Monday. Discover our two new, exclusive must-see shows: Cirque du Soleil at Sea EXENTRICKS and COSMOS, only on MSC Grandiosa. Cirque du Soleil Entertainment Group says it has completed the sale of the company to a group of its creditors led by Catalyst Capital Group. “When the market is back to normalcy, it means we can bring back our shows, bring the company back to profitability and it also means we have the financial strength that it takes to go through the process we’re in right now where it’s not likely the market will be back to normal until have a vaccine. 5 months ago. “This signature show is a symbol for us and that’s why it will be more than natural to open ‘O’ first. Cirque du Soleil announced Monday it is filing for bankruptcy protection as the coronavirus pandemic continues to rattle the world.. LAS VEGAS (KTNV) — Cirque du Soleil informed the cast and crew of Zumanity about its permanent closure today. “People in Las Vegas and even we ourselves sometimes forget that ‘O’ is the most successful show in the world. © Las Vegas Sun, 2020, All Rights Reserved, 5 Bicyclists Killed, Others Hurt In Crash Near Boulder City. Cirque du Soleil Entertainment Group closes previously announced Purchase Agreement with its secured lenders and emerges from CCAA/Chapter 15 protection. In January, a performer fell during a performance of "O" at the Bellagio hotel in … Monday, Nov. 16, 2020 | 11:58 a.m. Cirque du Soleil’s innovative, mischievous and joyful “Zumanity,” the resident headlining production at … However, “Drawn to Life” at Disney Springs is now scheduled for a Fall debut, and tickets have just gone on sale on the Cirque du Soleil website. Former MGM CEO Jim Murren will serve as co-chairman of the board. But, unfortunately, accidents can happen. There is no other single show that is selling that many tickets year after year for over 20 years now,” he said. Cirque announced the permanent closure of the 17-year production “Zumanity” at New York-New York last month and simultaneously announced contract extensions for its other Las Vegas Strip shows — “O” at Bellagio, “The Beatles LOVE” at the Mirage, “KÁ” at MGM Grand, “Michael Jackson ONE” at Mandalay Bay and “Mystére” at Treasure Island. By Brock Radke (). Cirque du Soleil Entertainment Group CEO Daniel Lamarre on emerging from bankruptcy protection, his outlook for live entertainment and how the news of a vaccine could assist the industry. About a year ago, Cirque du Soleil’s aquatic landmark “O” shifted to a seven-night schedule, a first for the dream-like epic that originally opened with Bellagio in October of 1998. Contortionists perform in Cirque du Soleil’s “O” at Bellagio. ... Daily news briefing direct to your inbox. “As a company with global opportunities and the ability to grow quickly, it is critical to Cirque’s successful expansion – and to its customers and partners – that we continuously execute on the right strategies,” Murren said in a statement. Cirque du Soleil has been the scene of several accidents in recent memory. “Zumanity was a groundbreaking departure for Cirque du Soleil … Canada’s Cirque du Soliel Entertainment Group has emerged restructured from a bankruptcy procedure that protected it from creditors, and put it in a position to relaunch its iconic shows. Cirque du Soleil calls itself a "modern circus," using daring flips and tricks to wow packed stadiums for more than 30 years. Aside from a few troubling exceptions, the live entertainment industry is essentially on hold for the time being. Cirque du Soleil, the producer of a number of Las Vegas acrobatic shows, has filed for bankruptcy protection. The new investment group is led by Toronto firm Capital Catalyst Group and the co-chairs of the new Cirque du Soleil board of directors are former MGM Resorts International CEO Jim Murren and Catalyst Managing Director Gabriel de Alba. The show "Sous … Its headquarters will remain in Montreal. Last week, Cirque du Soleil President and CEO Daniel Lamarre said “O” will likely be the first Cirque show to reopen on the Las Vegas Strip in 2021. News about Cirque du Soleil, including commentary and archival articles published in The New York Times. Cirque has relaunched three productions in recent months: “X: The Land of Fantasy” in Hangzhou, China; “Joya” in Riviera Maya, Mexico; and a smaller holiday show at the Gaylord Palms hotel in Kissimmee, Florida. The cast performs Strawberry Fields during “The Beatles LOVE by Cirque du Soleil” show at The Mirage Hotel & Casino on July 14, 2016 in Las Vegas, Nevada. Daniel Lamarre will remain president and chief executive officer and will continue to sit on the company’s board of directors. “Having [Murren and Kliavkoff] is not only good for Las Vegas, which is key to the development of this company, but it’s also [about] the opportunity to develop with [MGM] in their other casinos around the world,” Lamarre said. The entertainment group is … Cirque is the creative power behind such popular Las Vegas shows as Love at the Mirage, Michael Jackson One at Mandalay Bay and Mystere at Treasure Island. We are Cirque du Soleil - we currently have 20 productions worldwide, have brought wonder and delight to more than 160 million spectators in over 400 cities, in 60 countries, on 6 continents. Sign up for our newsletter. At Cirque du Soleil, everything starts with a dream. After that we will be able to invest the millions of dollars it takes to relaunch all of our existing shows.”. Canadian entertainment firm Cirque du Soleil is to cut 3,500 jobs after striking a deal to avoid bankruptcy. But Lamarre said the real re-start for Cirque du Soleil will happen on the Las Vegas Strip. Cirque du Soleil is an institution on … Behind the scenes, it is also home to amazing talents like Filipino chef Ariel Layug who has been with the show for seven years now. About 120 artists, crew members and staff worked on "Zumanity," according to the Las Vegas Review Journal. CEO … With the recent closure at New York-New York and the pre-pandemic closure of “R.U.N,” at Luxor, there are two Strip theaters previously occupied by Cirque shows without long-term residency plans and Lamarre said he’s hoping to make some announcements regarding those venues soon. Lamarre said he was looking forward to working with the new stakeholders and that “together, we have already begun laying the groundwork for the relaunch of Cirque du Soleil and are excited to enter the next chapter of Cirque’s history.”, © Las Vegas Sun, 2020, All Rights Reserved, 5 Bicyclists Killed, Others Hurt In Crash Near Boulder City. Canadian entertainment firm Cirque du Soleil is to cut 3,500 jobs after striking a deal to avoid bankruptcy. VIDEO - Behind-the-scenes look at creating the new Cirque du Soleil show debuting Spring 2020 at Walt Disney World 1 year ago. The empty headquarters of Cirque du Soleil in Montreal. Cirque du Soleil has made plenty of news away from the stage in 2020, the numbing reality of shutting down all of its shows as COVID took hold … “We are on the lookout for new types of shows we could bring and hopefully they will be able to come to fruition in the next few months,” he said. 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