Wall Street Journal podcast<\/a>.<\/p>\nWhat does this mean for Cirque’s shows in Las Vegas? As with so many things right now, it’s “fluid.”<\/p>\n
It seems likely theaters and other venues where crowds gather won’t open until after casinos and hotels do. That’s going to put additional pressure on Cirque du Soleil.<\/p>\n
Cirque is no doubt scrutinizing its shows to determine which, if any, might need to go. We’ve talked to Cirque du Soleil insiders and hear the company’s touring shows may not come back, at least in the foreseeable future.<\/p>\n
Of its Las Vegas shows, sources say “Zumanity,” “Love” and “Ka” are candidates for the chopping block.<\/p>\nWe are not making this up.<\/figcaption><\/figure>\nCirque du Soleil has become so intertwined with Las Vegas, it’s painful to hear about the company’s financial struggles.<\/p>\n
From what we understand, Cirque’s ticket sales are still respectable. The company makes about $120 million a year in Vegas alone, and average occupancy sits at about 70% from what we’re told.<\/p>\n
It’s worth noting several of the Cirque productions in Las Vegas are decades old. For example, “Mystere” at TI is nearly 30 years old.<\/p>\n
For the sake of its artists and technicians, and the myriad individuals and companies dependent upon Cirque du Soleil, we hope Cirque can find a way to return to its roots, and a stronger financial footing, once again.<\/p>\n
Las Vegas wouldn’t be Las Vegas without Cirque du Soleil.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"
Las Vegas fixture Cirque du Soleil is in a world of financial hurt, and closure of all its shows due to the coronavirus—44 productions in all—is likely to lead to the company filing for bankruptcy protection. Moody’s credit rating service recently downgraded Cirque du Soleil’s rating to “Ca” (Moody’s second lowest rating) meaning Cirque is […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[23,4],"tags":[],"acf":[],"yoast_head":"\n
Bankruptcy Looms Large for Beloved Cirque du Soleil<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n","yoast_head_json":{"title":"Bankruptcy Looms Large for Beloved Cirque du Soleil","description":"Cirque du Soleil is in a world of financial hurt and bankruptcy looms large for this beloved Las Vegas fixture.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/vitalvegas\/bankruptcy-looms-large-for-beloved-cirque-du-soleil\/","og_locale":"en_US","og_type":"article","og_title":"Bankruptcy Looms Large for Beloved Cirque du Soleil","og_description":"Cirque du Soleil is in a world of financial hurt and bankruptcy looms large for this beloved Las Vegas fixture.","og_url":"https:\/\/www.casino.org\/vitalvegas\/bankruptcy-looms-large-for-beloved-cirque-du-soleil\/","og_site_name":"Vital 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