Cirque du Soleil Survival After Bankruptcy Is Guaranteed, CEO Says

The transcript discusses Cirque du Soleil's challenges and strategies during the pandemic. It covers the uncertainty of returning to normalcy, bankruptcy protection, and stakeholder support. The company plans to reopen shows in Las Vegas with reduced capacity and aims to return to profitability. Financial restructuring and creditor negotiations are ongoing. The future of live events is considered, with optimism for a return to human experiences post-vaccine.

What is the expected timeline for Cirque du Soleil to resume shows?

• By the end of 2021

• By the end of 2020

• In the spring of 2021

• In the summer of 2021

What financial measure has been taken to support Cirque du Soleil's employees during bankruptcy?

• A $20 million fund

• A $15 million fund

• A $25 million fund

• A $10 million fund

Why is Las Vegas considered a strategic location for restarting shows?

• It is the most profitable location

• The cast and crew are already based there

• It has the largest audience capacity

• It is the only location with available venues

What is the break-even audience capacity for Cirque du Soleil's shows?

• 30%

• 50%

• 40%

• 60%

What is the key factor for Cirque du Soleil to return to profitability?

• Increasing ticket prices

• Expanding to new locations

• Returning to full audience capacity

• Reducing production costs

What criticism has been directed at Cirque du Soleil's bankruptcy process?

• It was too slow

• It was too quick

• It involved too many stakeholders

• It lacked transparency

How does Cirque du Soleil plan to adapt to potential future pandemics?

• By increasing the number of shows

• By enhancing in-home entertainment options

• By reducing ticket prices

• By focusing on virtual shows