Cirque Du Soleils Rise and Fall Lessons for Entertainment Industry
Cirque du Soleil, once a global phenomenon that revolutionized circus performance, is now facing a debt crisis. This article analyzes its remarkable journey from street performers to a world-class entertainment group, highlighting the vulnerabilities of its single-revenue stream business model and lack of risk awareness. It offers valuable lessons for business operators, emphasizing the importance of diversified operations, robust risk management strategies, and continuous innovation to adapt to changing market conditions and ensure long-term sustainability.
