0 Members and 1 Guest are viewing this topic.

Guest

  • Guest
Cirque du Soleil, the surreal circus company currently playing at the Royal Albert Hall in London, is expecting record profits of $250m (£156m) on revenue of $1bn this year, according to its founder, Guy Laliberté.

The 51-year-old is in talks about hosting a permanent performance at the O2 arena in the east of the city, but has to juggle Cirque’s rarity value with the huge demand for its shows.

Mr Laliberté said: “We are working hard trying to find a place in London. We have been looking all over for 10 years. Eventually, we will be at the right place at the right moment with the right real-estate developer. We have looked at the O2. It has been part of the discussion.” David Campbell, the chief executive of AEG Europe, which owns the O2, confirmed the talks: “We have looked at it and it’s just a question of getting the right business model. It’s not imminent but it’s not been dismissed.”

Cirque is to launch a new tour mixing acrobatics with the music of Michael Jackson; Mr Laliberté hopes for $40m in advance sales, saying: “This has the potential to be one of the biggest deals we have done.”

Source: Indpendent

You are not allowed to view links. Register or Login
Last Edit: December 31, 1969, 06:00:00 PM by Guest
friendly
0
funny
0
informative
0
agree
0
disagree
0
pwnt
0
like
0
dislike
0
late
0
No reactions
No reactions
No reactions
No reactions
No reactions
No reactions
No reactions
No reactions
No reactions

 

SimplePortal 2.3.6 © 2008-2014, SimplePortal