Cirque du Soleil files for bankruptcy and terminates 3480 employees

Jun 29, 2020 in "Cirque du Soleil"

Posted: Monday June 29, 2020 3:49pm ET by WDWMAGIC Staff

Cirque du Soleil has today announced that it has filed for bankruptcy and will terminate 3480 employees who were previously furloughed.

The company was forced to shutdown all of its productions due to COVID-19, and it is not yet clear on what the future is of those shows, including the new show at Disney Springs - Drawn to Life.

Cirque received $300 million in new funding as part of a plan to restart.

“For the past 36 years, Cirque du Soleil has been a highly successful and profitable organization. However, with zero revenues since the forced closure of all of our shows due to COVID-19, management had to act decisively to protect the Company’s future,” said Daniel Lamarre, President and CEO of Cirque du Soleil Entertainment Group. “The Purchase Agreement and SISP provide a path for Cirque to emerge from CCAA protection as a stronger Company. The robust commitment from the Sponsors – which includes additional funds to support our impacted employees, contractors and critical partners, all of whom are important to Cirque’s return – reflects our mutual belief in the power and long-term potential of our brand. I look forward to rebuilding our operations and coming together to once again create the magical spectacle that is Cirque du Soleil for our millions of fans worldwide.”

The company has 44 shows around the world, and has been a resident of Disney Springs since 1999. Cirque and Disney began selling tickets for Drawn to Life in August last year for preview shows beginning March 20 2020. The show was then planned to officially open April 17 2020 with tickets costing $62 up to $152 depending on seating.

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DCBaker10 days ago

Namaari30 days ago

Will definitely be getting tickets when we go to WDW over Thanksgiving this year! I remember seeing the advertisements for 'La Nouba' back in the 90s and desperately wanting to go, but had never gotten the chance. Glad Cirque shows are returning to DS!

the.dreamfinderAug 24, 2021

National Film Board documentary when Cirque was itty bitty back in the late 80s on their first North American tour. https://www.nfb.ca/film/cirque_american_odyssey/

mergatroidAug 18, 2021

Looks good

DznyGrlSDAug 18, 2021

Any idea if they're fully staffed yet for box office and the cirque store? I've been stalking Cirque jobs page for weeks.

Disney AnalystAug 17, 2021

That video was gorgeous, show looks great!

Benjamin_NicholasAug 17, 2021

The projection mapping in this show will really blow people away. I'm happy to see folks so enthused about this new production :)

ThatMouseAug 17, 2021

"Baloo, Baymax, and Cinderella" This mashup sounds hilarious! lol!

brb1006Aug 17, 2021

Better quality video

DznyGrlSDAug 17, 2021

see you on the 20th as well ;)

DznyGrlSDAug 17, 2021

Got my seat for the 18th. Going to buy 2 more to take my mom a few days later

DCBakerAug 17, 2021

Disney has announced early access tickets for Passholders - "Set your imagination in motion with Drawn to Life—a love letter to the art of Disney animation opening Nov 18 at Disney Springs. Passholders can purchase tickets now through Aug 19 before they go on sale to the general public! Set your imagination in motion with Drawn to Life—a love letter to the art of Disney animation interpreted through the acrobatic mastery of Cirque du Soleil. The show tells the story of a determined girl who embarks on an inspiring quest filled with her childhood Disney memories, brought to life through Cirque du Soleil’s innovative design and dazzling performances. Tickets are nontransferable and nonrefundable and may not be resold. The number of tickets available is limited and tickets are valid only for the specific show date and time. Entertainment elements are subject to restrictions, change or cancellation without notice. Tickets for Drawn to Life can be purchased online directly from Cirque du Soleil® here. Please note that once you leave the Walt Disney World website, different terms of use and privacy policy will apply." Here is the link for APs to buy tickets https://tickets.cirquedusoleil.com/shop/#/9fce82e4-c790-4aab-a3e3-2a7f8da24c3f/shop/select?locale=en-CA&skin=wdi

DznyGrlSDAug 17, 2021

Got mine for the 18th! Wonder why category 1 & 2 are "sold out" Edit - issues with the website updating - I called and they said to wait 15 minutes