Cirque du Soleil Acquires the Blue Man Group for ‘Tens of Millions’

Posted on: July 13th, 2017 at 5:14 am by

Independent off-Broadway theater sustained a major hit last week. The Blue Man Group – founded on the Lower East Side nearly 30 years ago – was gobbled up by Cirque du Soleil.

The two entities agreed on a deal reportedly worth “tens of millions,” with the “mutual aim of expanding Blue Man’s reach beyond its five permanent United States shows (in New York, Boston, Chicago, Las Vegas and Orlando, Fla.), a world tour and one permanent international show (Berlin).”

According to the report in the New York Times

The purchase provided an opportunity for Cirque to diversify its portfolio after years of financial tumult. In 2015, the company sold a majority stake to TPG, a private equity firm in Texas.

“The acquisition of Blue Man, for us, is kind of a breakthrough to make clear to people that Cirque is going from a circus company to becoming a global leader of entertainment,” [Cirque CEO] Mr. Lamarre said.

The terms of the deal were not disclosed, although Mr. Lamarre said the sale price was in the “tens of millions.”

Chris Wink, who founded Blue Man Group in 1991 along with Phil Stanton and Matt Goldman, said that the idea to sell came about a few years ago, as the company was looking to gain a foothold in other parts of the world. China specifically came to mind.

It’s unclear at the moment whether the two shows will combine creative elements onstage.

The Blue Man Group got its start in Astor Place at 434 Lafayette Street. Over the years, it appeared in commercials for Intel, as a plot line in Arrested Development, and founded a private school on the Lower East Side called the Blue School.

Recent Stories

Is the ‘Empire Records’ Broadway Musical a Bad Idea?

In the immortal words of The Doors, “The time to hesitate is through.” And keeping in that vein of logic, get ready for your favorite group of misfits to transform into a Broadway musical. That’s right, the crew from Empire Records (open til midnight!) is potentially turning into a theatrical production. Producer Bill Weiner recently acquired the […]

Meenakshi Srinivasan Resigns as LPC Chair Following Controversial Proposal

Meenakshi Srinivasan, chair of the Landmarks Preservation Commission, officially resigned yesterday after four years on the job. The Times-Ledger out of Queens broke the news, and the LPC has already confirmed her resignation. This sudden departure of the top landmarks official follows weeks of opposition to a proposal that would effectively remove public input from […]

Diplo is Performing the Finish Line After Nike’s 5K through the LES on Sunday

When thousands of marathon runners stream over the Manhattan Bridge to Pier 36 on Sunday evening, they will be treated to a live show by EDM fixture Diplo. As previously reported, Nike is hosting an Earth Day race – dubbed Nike GO NYC 5K – that runs through the Lower East Side. It’s the second […]

MoMA Files Lawsuit Against New Bowery Matcha Cafe ‘MoMaCha’

With a name like MoMaCha, the new Bowery cafe was simply a lawsuit waiting to happen. And, not too surprisingly, it did. The Museum of Modern Art – popularly abbreviated as MoMA – sued the new Lower East Side business this week. It filed a complaint in Manhattan federal court on Tuesday, accusing MoMaCha of […]

Franz Ferdinand Kicked their Way through a Sold Out Brooklyn Steel [REVIEW]

When Franz Ferdinand graced Brooklyn Steel for the second of a sold out two-night run – supporting its latest long player Always Ascending – it was an all out four-on-the-floor dance party. Literally kicking its way through a powerful set of new cuts and old favorites. The year-old rock venue met its capacity Monday night, front […]