The Canadian-based company last year acquired The Works Entertainment, the company that has partnered with Lionsgate in the production of a live magic show based on the hit film franchise Now You See Me, and earlier bought the Blue Man Group in 2017 and VStar Entertainment Group, which specializes in children’s shows, in 2018. The founder of Cirque de Soleil, Guy Lalibert, was released after being taken into police custody in French Polynesia for growing cannabis, Lalibert's investment firm said on Wednesday. Cirque du Soleil is among the most prominent spectacles that come to mind for many Canadians when thinking of the most famous live performance entertainment companies in Canadian history. In 1981, they organized the Fête foraine of Baie-Saint-Paul, a cultural event in which street artists from all over met to exchange ideas. That was when Guy Laliberté and Daniel Gauthier decided to gather a group of young street performers in Quebec and founded Le Club des Talons Hauts. Guy Laliberté at the unveiling of his star on the Hollywood Walk of Fame. The popular film Cirque du Soleil: Journey of Man, an interpretation of the stages of human life from birth to maturity, premieres worldwide. The history of Cirque du Soleil traces back to the 1980s.
FOUNDER OF CIRQUE DE SOLEOL TV
The continued global expansion of Cirque du Soleil includes a host of new film, TV and digital partners. His dedication paid off Laliberté sold a 90 stake in Cirque du Soleil for 1.5 billion in 2015. After the latest transaction, Texas-based TPG Capital remains the majority shareholder of Cirque du Soleil Entertainment Group with a 55 percent stake and China’s Fosun Capital Group retains a separate 25 percent stake.ĭespite becoming a global brand on the strength of its traveling and permanent circus shows, Cirque du Soleil in recent years has diversified into film, TV and digital exploitation of its brand in partnership with Canada’s Bell Media and Saban Brands, among others. The Cirque du Soleil founder’s cashing out comes ahead of the entertainment group getting set to hold a possible initial public offering to tap equity markets for additional growth capital. Cirque du Soleil founder Guy Laliberte speaks at the ceremony honoring him and Cirque du Soleil with a star on the Hollywood Walk of Fame in Hollywood on Nov. 60-year-old Guy Lalibert is being investigated in conjunction with a drug trafficking case after police saw photos on a man’s cell phone of the billionaire’s alleged marijuana cultivation operation. The founder of Cirque de Soleil, Guy Laliberté, was released after being taken into police custody in French Polynesia for growing cannabis, Lalibertés investment firm said on Wednesday. Laliberté founded Cirque de Soleil in 1984 in Montreal, turning a passion for acrobatics and circus acts into a global entertainment empire. Soska Sisters Drop First Look at Psychosexual Thriller 'On The Edge' (Exclusive) Curated profile of Guy Lalibert, CEO and Co-founder, Cirque du Soleil including career history, news and intelligence, portfolio companies and investments. The founder of Cirque du Soleil says it was all for personal use, but it is unclear if the government of French Polynesia cares.
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