In myFM Business News, a Quebec Media conglomerate isn’t having much success convincing Cirque du Soleil it should be the suitor.
Quebecor’s proposed multi-million dollar advance would allow Cirque to meet outstanding bills which are many months behind, and keep paying performers.
Any highest-bidder scenario could result in Cirque being sold to interests outside Quebec, meaning the possible loss of cultural control on what is regarded as a national institution.
Quebecor believes it has both the financial assets and expertise to maintain Cirque du Soleil as a Quebec cultural treasure.
