Due To The COVID-19 Pandemic, Cirque du Soleil Has Filed For Bankruptcy
June 30, 2020 7:00AM PDT
Another entertainment company officially bites the dust.
Cirque du Soleil has now filed for bankruptcy due to the COVID-19 pandemic.
The circus company announced the news on Monday.
Back in March, the company was forced to shut down productions worldwide, leaving 3,500 workers without a job.
One group of existing investors will be taking over the company for $300 million dollars will temporarily support its laid-off staff.
Once the COVID-19 pandemic is over, do you think Cirque du Soleil will continue its shows?