Capital Catalyst Group is a powerhouse investment firm out of Toronto. Cirque du Soleil CEO Daniel Lamarre says, “Today, we are prepared to build upon the successes of the past and to fulfill our mission to bring Cirque du Soleil’s unique artistic vision to audiences around the world.”. Our priority has always been and remains the health and safety of our artists, partners and various employees, but also of our public. The company noted Lamarre’s position “will be confirmed in due course.”. Cirque du Soleil has suspended all Las Vegas productions as well as its international shows in response to the spread of the coronavirus. Matt Goss and Keith Lemon met a couple of years ago when Goss appeared on Lemon’s “Shopping” show. Cirque Du Soleil had six shows in Las Vegas before COVID-19 forced all of them to close in March. Canada's Cirque du Soleil Entertainment Group filed for bankruptcy protection on Monday as the COVID-19 pandemic forced the famed circus operator to cancel shows and lay off its artistes. LAS VEGAS (FOX5) -- The curtain has closed for good on Cirque du Soleil's Zumanity show on the Las Vegas Strip. Competing investors had until 5 p.m. Tuesday to exceed the Capital Catalyst bid. John Katsilometes’ column runs daily in the A section. “Today, we are prepared to build upon the successes of the past and to fulfill our mission to bring Cirque du Soleil’s unique artistic vision to audiences around the world. No such proposal was issued. LAS VEGAS (KTNV) — Cirque du Soleil informed the cast and crew of Zumanity about its permanent closure today. “We are focusing on the relaunch of our shows and look forward to moving the organization forward with the prospect of returning to a profitable situation.”, Company spokeswoman Ann Paladie added, “At this point, the bidding process has ended but not the recapitalization process. Cirque du Soleil, Las Vegas’ predominant entertainment production company for more than 25 years, is halting all of its shows on the Strip because of the coronavirus … A total of 4,700 Cirque employees were furloughed in March. The company lost nearly all of its revenue when it shut down because of COVID-19 in March. The move means that Cirque shareholders including TPG, China’s Fosun International Ltd. and Caisse de dépôt et placement du Québec have been cut loose from the company. Cirque CEO Daniel Lamarre, who in March said he would stay with the company and “restart the engine,” is facing the future with his characteristic optimism. All rights reserved, lasvegas.customerservice@cirquedusoleil.com, For X – The Land of Fantasy, please call us at. We want you to know that we are actively working with our partners to find solutions for everyone. The empty headquarters of Cirque du Soleil in Montreal. Recognized over the world, Cirque du Soleil has constantly sought to evoke imagination, invoke senses and provoke emotions. Since its inception in 1984, it’s played shows in … LAS VEGAS (FOX5) -- Cirque du Soleil executives opted to sideline seven Michael Jackson One performers over concern about the coronavirus. It committed to setting up a $15 million fund to pay laid-off employees and another $5 million for contractors. Cirque du Soleil will have an estimated $160-million in cash available at the end of this year, according to Moody’s, but the rating agency expects a minimum working cash balance of … Among them: Penn & Teller, David Copperfield and every Cirque du Soleil … But away from the stage, the company is performing “O”-style acrobatics to stay afloat. His PodKats! Of that community, MGM Resorts still employs about 800 technicians and front-of-house show personnel. (Benjamin Hager/Las Vegas Review-Journal) @benjaminhphoto, A scene from the Cirque du Soleil show "Ka" at MGM Grand. Cirque du Soleil is an institution on the Las Vegas Strip, with its pricey, mesmerizing shows high on visitors’ vacation agendas. Taking into consideration the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC) recommendation for social distancing, the Group has taken several measures to respond to the escalation of the Coronavirus (COVID-19) pandemic. Now all other Cirque shows are pausing because of the coronavirus. Explore the … The new lenders pledge to infuse some $375 million into the company to restart its shows, with no timeline yet possible because of the pandemic shutdown. (Anderson Gould Jr. via AP), Daniel Lamarre, president and chief executive officer of Cirque de Soleil, shown in an undated photo. Las Vegas Orlando Riviera Maya On tour All cities All shows. Cirque du Soleil, creator of many of the most popular shows in Las Vegas, said Saturday that it is temporarily suspending its productions in the city as … (Benjamin Hager/Las Vegas Review-Journal) @benjaminhphoto, Bill May, a synchronized swimmer for 15 years with "O" by Cirque du Soleil before the shutdown, trains at Lake Mead National Recreation Area on Saturday, June 27, 2020, in Boulder City. Lauren Magiera found two such performers in Cirque du Soleil this July – Itzel Salvatierra and David Locke. ... “R.U.N” was presented by Cirque in Las Vegas … Cirque du Soleil and the live entertainment industry writ large have faced severe consequences from the Covid-19 crisis, with the virus outbreak leading to the cancellation of shows. Our teams are currently working to develop the protocols and security measures that will be set in place when we can resume our operations. TPG bought a majority stake from founder Guy Laliberte in 2015. 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 in March. This acrobat duo have had to get creative inside their Las Vegas home and at … KA by Cirque du Soleil, presented at MGM Grand in Las Vegas, is the greatest theater production the world has ever seen. Explore the next events in Vegas, the show's schedule and buy your tickets now! A … Michael Jackson ONE by Cirque du Soleil, presented at the Mandalay Bay Resort and Casino in Las Vegas, is an electrifying fusion of acrobatics, dance and visuals that reflect the unique showmanship of the King of Pop. Las Vegas resident Nick Carter says, “For me, as an entertainer and solo artist, I have always questioned who I am as an individual.”. The offer made by our secured lenders is a clear recognition of our iconic brand and of the current management team,” Lamarre said Tuesday morning in an email statement to the RJ. The group has pledged to keep Cirque’s headquarters in Montreal for at least five years. If you have any questions, please contact the appropriate customer service: All customers who purchased tickets for an impacted Cirque du Soleil show will be contacted by their initial point of sale. The company last month reopened “Joya,” its first resident show in Mexico. Cirque du Soleil uses a sun in its logo. The staggering Cirque has a new ownership team, with Capital Catalyst Group prevailing with its $1.2 billion proposal to rescue the company after it shut down all of its shows — including six on the Strip — because of COVID-19. (Cirque du Soleil), Elema Sanders practices on aerial straps attached to an out-of-service fire truck (out of frame) at the home of Angelina Puzanova and William Halett on Tuesday, June 30, 2020, in Las Vegas. The new investment group’s plan still needs to be approved by a Quebec Superior Court within seven days. Copyright © 2019 Cirque du Soleil. Lamarre’s future was called into question, Wind can’t blow away Zowie Bowie’s NYE show, Las Vegas’ ‘2000 Baby’ turns 21 with Elvis flair, Circa shuts down live audience for New Year’s Eve event, Backstreet Boys Nick Carter is unmasked as soloist, ‘Viva Las Vegas’ for Ann-Margret in Hall of Fame honor, Return to the Minidome sparks maximum memories, Shopping spree leads Matt Goss to ‘Do They Know It’s Christmas’, Mirage to close all operations midweek due to COVID, CBS lines up Circa’s Stadium Swim, Legacy, Plaza for NYE, ‘Pawn Stars’ shrunken-head scene set for 2021. Follow @johnnykats on Twitter, @JohnnyKats1 on Instagram. As precautions to prevent the spread of COVID-19, Cirque du Soleil has temporarily suspended all of their shows on the Las Vegas strip as well … There has been no specific plan for when those staffers will be reassigned to Cirque, or if their benefits will be extended There should be an update before that Aug. 31 deadline And we don’t know when that $15 million, earmarked for Cirque employees, will be distributed to those in Vegas waiting for the engine to restart. LAS VEGAS (KTNV) — Cirque du Soleil has filed for bankruptcy protection and they are laying off more than 3,500 people. Copyright © 2019 Las Vegas Review-Journal, Inc. | Privacy Policy | Terms of Service, Aerial silk performer Alan Jones Silva, from Sao Paulo, Brazil, has been with Cirque du Soleil's Zumanity at New York-New York for 17 years. All customers who purchased tickets for an impacted Cirque du Soleil show will be contacted by their initial point of sale. In hindsight, there were few companies as vulnerable to COVID-19 as Cirque du Soleil Entertainment Group. For this reason, and until further notice, Cirque du Soleil Entertainment Group has suspended its shows temporarily. From the very beginning of the outbreak of the coronavirus, Cirque du Soleil Entertainment Group took rigorous measures to protect its work teams and the public. Sidelined are the Strip productions “O” at the Bellagio, “Ka” at the MGM Grand, “Love” at The Mirage, “Zumanity” at New York-New York, “Mystere” at Treasure Island and “Michael Jackson One” at Mandalay Bay. If you have any questions, please contact lasvegas.customerservice@cirquedusoleil.com. Cole Duffy was born at 12:01 a.m. Jan. 1, 2000, a little more than a week early. Cirque was forced to cut 95 percent of its workforce in March. On June 30, the company filed for bankruptcy protection in Canada and shortly afterward in the U.S. Cirque listed debt owed to secured creditors of about $1.1 billion. Instead, MGM Resorts has held those employees and offered them full benefits through Aug. 31. Don't miss one of the best things to do in Las Vegas! The multi-use Minidome opened in 1970, and for years was a haven for sports and enterertainment. According to a news release, Cirque notified the … He did not make a bid through the restructuring process, but it is conceivable he could reinvest in Cirque. (Cirque du Soleil), A scene from the Cirque du Soleil show "Zumanity" at New York-New York. The coronavirus pandemic has paralyzed the world of live entertainment. Discover the highly creative and artistic shows from Cirque du Soleil in your city: Las Vegas. Laliberte said in May he was interested in possibly returning to the company he helped start in 1985. Some 1,370 Cirque artists, technicians and support staffers remain furloughed in Las Vegas. The Golden Tiki scene includes the shrunken heads of the late Richard “Old Man” Harrison, with Rick Harrison, Austin “Chumlee” Russell and Corey Harrison. Some 1,370 Cirque artists, technicians and support staffers remain furloughed in Las Vegas. The seven performers had recently returned from a … At the time, Cirque had been running 44 shows worldwide, including the half-dozen on the Strip, which have accounted for 50-60 percent of the company’s profits since TPG came on board. The company filed for bankruptcy in June. Chris Phillips of Zowie Bowie said of his NYE show, “I’m just hoping to find that threshold in the night where it feels OK.”. Cirque du Soleil is scaling back its schedule for … All Shows The newly minted Circa resort on Fremont Street has snuffed out plans to allow guests to attend the Zowie Bowie performance at Stadium Swim running through midnight New Year’s Eve. Those workers were scheduled to move over to Cirque on April 1. We will have more information to share as that process continues.”, Lamarre’s future was called into question as the new lenders began their push to take control of Cirque. He was 30. (Eric Jamison), In this Aug. 10, 2018, photo provided by Anderson Gould Jr. hoop dancer Nakotah LaRance performs at the "Hip Hop/Electronic: Indigenous Music & Dance of the Grand Performances" in Los Angeles. Contact him at jkatsilometes@reviewjournal.com. LAS VEGAS – Some of the most iconic shows in Sin City are closing in response to the spread of COVID-19. Cirque du Soleil, creator of many of the most popular shows in Las Vegas, said Saturday (March 14) that it is temporarily suspending its productions in the … It’s appropriate, given the company’s unshakable, sunny disposition. Click here to know more about Cirque du Soleil Entertainment Group’s response to COVID-19 pandemic Cirque du Soleil Las Vegas Tickets & Offers Tickets & Offers Elvis’ and Ann-Margret’s feverish “C’mon Everybody” was filmed at what is now the UNLV Marjorie Barrick Museum of Art. The Mirage will open the new year by shutting down totally from Mondays through Thursdays, MGM Resorts International announced Monday. It is joined by prominent investor CBAM Partners, which is part of the Eldridge Industries empire founded by CEO Todd Boehly, who also owns 20 percent of the L.A. Dodgers and a piece of the L.A. Sparks WNBA franchise. It has been running “X: The Land of Fantasy” in Hangzhou, the capital city of east China’s Zhejiang province, which returned June 3. (Las Vegas Review-Journal/File), Zaon Collins released on ‘highest level’ of monitoring after fatal crash, ‘It’s finally over!’: Las Vegas celebrates muted New Year’s Eve, 2 men facing 274 charges after arrest in Henderson vandalism spree, Netflix has a fake New Year’s Eve countdown for kids, New Year’s Eve in Las Vegas still has fireworks, events. The incoming group will need time to assess its management roster, and you might not have previously heard of the lenders who are taking control of Las Vegas’ premiere production company. Other investors included such asset managers as BlueMountain Capital Management of New York; First Eagle Credit (formerly THL Credit) out of Boston; Shenkman Capital Management Inc. of New York; Providence Equity Partners of Rhode Island; and Fidelity Investments Inc. CBS is broadcasting New Year’s Eve from Las Vegas across its western markets. In order for our team and our partners to respond quickly to the situation, please be patient and wait until you are contacted to avoid flooding our information lines. By continuing to browse or by clicking “I Accept Cookies” you agree to the storing of first-party and third-party cookies on your device. LAS VEGAS (FOX5)-- The COVID-19 pandemic has forced several Las Vegas Cirque du Soleil shows to go dark on a temporary basis. Don't miss the big stories. By agreeing to the use of cookies on our site, you direct us to disclose your personal information to our third party service providers for the purposes for which we collect your information. LaRance, a champion hoop dancer who traveled the world performing with Cirque du Soleil, died Sunday, July 12, 2020, after he fell while climbing on an old bridge in Rio Arriba County in New Mexico. What happens if my show is postponed or cancelled? As it filed for bankruptcy protection, Cirque terminated 3,500 of those employees, most from the company’s international touring shows and from such acquisition productions as Blue Man Group (the company does plan to eventually call back that show, a hit at Luxor). Sign up for our free daily Morning and Afternoon Update newsletters. But Lamarre is currently still in the position he’s held since 2001. CIRQUE DU SOLEIL SHOWS IN Las Vegas. Like us on Facebook. The Las Vegas entertainment community continues to be shaken by fears of the coronavirus pandemic. But Las Vegas… “Now that the bidding process is completed, and the secured lenders proposal prevails, we can look to the future with a positive outlook, which is great news for all our employees. The company had six shows operating in major Las Vegas … Cirque is also planning to open “Drawn to Life” in Orlando, Florida, in November. Cirque du Soleil—arguably best known for its popular, extravagant shows in Las Vegas, which are responsible for roughly 35% of its revenues—made an estimated $950 million last year. Cirque du Soleil’s “R.U.N,” described as a graphic novel come to life, closed last month in Las Vegas. Those protocols and measures will be communicated in due course. Cirque du Soleil restricts schedule to Las Vegas Cirque du Soleil halted all of its touring and international productions, effective immediately. Get more information about us and buy tickets for shows at Las Vegas! Alegría; Cirque du Soleil NYSA ... From the very beginning of the outbreak of the coronavirus, Cirque du Soleil Entertainment Group took rigorous measures to protect its work teams and the public. “Zumanity was a groundbreaking departure for Cirque du Soleil … Of that community, MGM Resorts still employs about 800 … (Benjamin Hager Review-Journal) @BenjaminHphoto, A scene from the Cirque du Soleil show "Mystere" at Treasure Island. podcast can be found at reviewjournal.com/podcasts. Plunge into O, the original water show from Cirque du Soleil, presented at the Bellagio in Las Vegas. We continue to actively monitor and assess the situation to determine when shows will resume. Due to the rapidly evolving situation regarding the Coronavirus (COVID-19), Cirque du Soleil will be temporarily adjusting the show schedule for its Las Vegas … Explore the next events in Vegas, the show's schedule and buy your tickets for this memorable experience now! Cirque du Soleil’s shows are dark. 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