[7] Located in the inner-city area of Saint-Michel, Montreal, it was founded in Baie-Saint-Paul on 16 June 1984 by former street performers Guy Laliberté and Gilles Ste-Croix.
[10] After financial successes and failures in the late 1980s, Nouvelle Expérience was created—with the direction of Franco Dragone—which not only made Cirque du Soleil profitable by 1990, but allowed it to create new shows.
[16][17] In 2008, Laliberté sold 20% of his share to the investment groups Istithmar World and Nakheel of Dubai, but later bought back their stake following the 2008 global financial crisis.
[38] In 1979, after having quit college and learned the art of fire breathing, Guy Laliberté organized a summer fair in Baie-Saint-Paul with the help of Daniel Gauthier and Gilles Ste-Croix.
After securing funding from the Canadian government for a second year from the help of Quebec premier René Lévesque, Laliberté hired Guy Caron, head of the National Circus School, as Cirque du Soleil's artistic director.
To enable a 1986 tour, the Desjardins Group covered $200,000 of bad checks, financier Daniel Lamarre represented the company for free, and the Quebec government allotted it an additional year of funding.
Franco Dragone returned as director in addition to a creative team made up of Dominique Lemieux, Michel Crête, René Dupéré, Luc Lafortune, and Debra Brown.
[16] During this time of expansion the company also founded their International Headquarters in Montreal's Saint-Michel neighbourhood[11] and their multimedia division, Cirque du Soleil Images.
[11][24] Fascination's positive reception allowed Cirque du Soleil to play Saltimbanco there in 1994, thereby establishing the company's market in the Asia and Pacific region for their subsequent tours in the late 1990s and 2000s.
[17] Gilles Ste-Croix also soon left to found the horse-based touring show Cheval, leading Laliberté to hire Lyn Heward and Daniel Lamarre as Presidents and C.O.O.
[11][46] In 2004, Cirque du Soleil premiered the resident show Kà at MGM Grand in Las Vegas, directed by Robert Lepage.
In September of that year, the company launched their record label, Cirque du Soleil Musique, after their agreement with BMG Canada expired.
Banana Shpeel became labelled as one of the company's first "failures" when it was panned by both critics and audiences;[65] Criss Angel Believe and Viva Elvis also received negative reviews.
[72] In July 2011, Cirque du Soleil announced the closure of Zed due to poor ticket sales as a direct result of the March 2011 Tōhoku earthquake and tsunami.
[76] In December 2012, the company announced a new division — Cirque du Soleil Média — in conjunction with Bell Media, followed by the release of their second film Worlds Away.
[81] Later that year, on 30 June 2013, the company faced headlines when acrobat Sarah "Sasoun" Guyard-Guillot died after falling during a performance of Kà in Las Vegas, its first on-stage death in its history.
[83] The company subsequently announced numerous subsidiaries in addition to its Theatrical division, including the Sandbox Hospitality Group, 45 Degrees, 4U2C, and Outbox Enterprises.
Séptimo Día — No Descansaré, an arena show based on the music of Soda Stereo, premiered in March for a short year-long tour targeted largely at South and Central American audiences.
[13] On 19 March 2020, responding to the COVID-19 pandemic, Cirque du Soleil announced that all 44 active shows worldwide would be suspended, and that 4,679 employees, comprising 95 percent of their staff, would be temporarily laid off, effective immediately.
[110][111][112][113][114] CEO Daniel Lamarre stated the intention of the company was to rehire "a substantial majority" of terminated employees once coronavirus-related shutdowns were lifted and operations could resume, business conditions allowing.
[115] In connection with the filing, Cirque du Soleil entered a stalking horse bid from its shareholders with the intention of drawing outside bidders to buy the company.
[118] On 17 August 2020, Caisse de dépôt et placement du Québec reported that it had to write off the US$75 million investment which it had made only four months prior, in February.
[8] With the intent of diversifying its activities worldwide, the Cirque du Soleil has created subsidiaries, such as multimedia environments and ticket selling tools.
However, due to lukewarm reception, Celebrity Cruises announced in October 2005 that it would be removing the live characters and projections from the lounges and retooling its Cirque du Soleil offering so as to create a more standard circus performance.
Queen Latifah, Mary J. Blige, Stephanie Mills, Ne-Yo, David Alan Grier, Common, Elijah Kelley, Amber Riley, and Uzo Aduba and Shanice Williams starred in the broadcast.
[242] In November 2003, gymnast Matthew Cusick (represented by the Lambda Legal Defense and Education Fund) filed a discrimination complaint against Cirque du Soleil in the Equal Employment Opportunity Commission, alleging a violation of the Americans With Disabilities Act.
[275][276] In April 2016, Cirque du Soleil filed a copyright infringement lawsuit against Justin Timberlake, Timbaland, and Sony Music Entertainment in federal court in New York, alleging that Timberlake's song "Don't Hold the Wall" (co-written with Timbaland) from his third studio album The 20/20 Experience (2013) infringed the copyright of Cirque du Soleil's song "Steel Dream" from its 1997 album Quidam.
[280] On 16 October 2009, 24-year-old performer Oleksandr "Sacha" Zhurov, of Ukraine, died at a hospital in Montreal, Quebec, Canada, from head injuries he had sustained during a training session.
An investigation by Quebec's occupational-safety board decided that while Zhurov made the error that ultimately resulted in his death, the company should be fined $1,915 for failing to adequately determine the risks associated with equipment.
[286] It was originally thought that Guyard-Guillot's safety harness had failed her and that was what resulted in her fall but, in actuality, a cable responsible for keeping her in the air had been cut after accidentally being knocked loose by movement during the performance.