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by malkuth23
2174 days ago
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The layoffs and restructuring in 2015 was to get slimmer for a sale. Guy sold 90% of the company off right after for 1.5 billion. Cirque has been run by bean counters since even before the sale even went through. Covid is destroying the entire entertainment industry. Huge entertainment companies, staging and rental industry, broadway theaters, touring etc are just getting hammered. In some ways, Cirque is more likely to come through than most since they have the cash flowing in from Quebec government. |
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