From the Independent:
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.
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.”
The move would give a further boost to Cirque’s fortunes, which have ballooned as it cornered a niche in avant-garde acrobatics. “In 2010, revenues were $850m, and this year we could ring the bell of a billion dollars,” said Mr Laliberté in London last week.
Read the full article here.
