A spokeswoman for
Renee-Claude Menard, a spokeswoman for Cirque, said in an interview that the company spent $50 million to $55 million to produce the show. She said the costs of renovating the theater, which have been reported to be $40 million, were paid by the owner, CIM Group.
Cirque declined to provide box-office figures but said that attendance fell below expectations.
"We put a huge effort into marketing and overseas marketing, but nothing would tilt the needle," said Menard, speaking by phone from Montreal. "The L.A. market is not ready for a permanent show."
"Iris" employed almost 70 performers plus 100 to 120 other individuals, including technicians and support staff.