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MONTREAL (AP) — Cirque du Soleil filed for creditor aegis in Canada on Monday while it develops a plan to restart its business amidst the pandemic.
The architect of abounding of the best accepted shows in Las Vegas on Monday abhorrent the “immense disruption and afflicted appearance closures as a aftereffect of the COVID-19 pandemic.”
The Montreal-based bazaar arts appearance aggregation briefly abeyant its productions about the apple in March because of the new coronavirus outbreak.
Cirque du Soleil additionally appear the abortion of about 3,480 advisers ahead furloughed in March.
In affiliation with the filing, Cirque du Soleil said it has entered into a acquirement acceding with its absolute shareholders TPG, Fosun and Caisse de annex et adjustment du Quebec as able-bodied as Investissement Quebec as a debt provider. Its said the sponsors’ bid includes an absorbed to rehire a abundant majority of the concluded employees, business altitude allowing, back its operations can resume.
The aggregation added that accustomed that its citizen shows in Las Vegas and Orlando are accepted to resume afore the blow of the added shows, the artists and appearance agents of the citizen shows analysis are not affected.
The Las Vegas shows that were annulled included “O” at the Bellagio, “KA” at MGM Grand, “The Beatles LOVE” at the Mirage, “Mystere” at Treasure Island, “Zumanity” at New York-New York and “Michael Jackson ONE” at Mandalay Bay.
Cirque du Soleil shows in Austin, Texas, Chicago, Houston, New Orleans, Salt Lake City, Montreal, Boston, Tel Aviv, Meloneras, Spain, Munich, Costa Mesa, California, Denver, and the Australian cities of Melbourne, Adelaide and Perth were additionally cancelled.
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