Monday, 19 February 2018 14:30

Cirque du Soleil launches Corteo in New Orleans with Louisiana tax credit program

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circaCirque du Soleil is returning to New Orleans this month to launch Corteo, its latest North American touring production. The Quebec-based entertainment company has made Louisiana a major hub for pre-production and launch of its North American tours in recent years.

 

(photo by Derek Key)

Famed for theatrical productions that feature stylistic acrobatics and other lavish, circus-themed elements, Cirque du Soleil has staged five previous arena tours in Louisiana since 2012. The company is a participant in the Musical and Theatrical Production Tax Credit program offered by Louisiana Entertainment, a division of Louisiana Economic Development.

“We are happy to welcome Cirque du Soleil back to Louisiana for the launch of another show,” LED Secretary Don Pierson said. “Our creative culture, talented entertainment workforce and many state-of-the-art facilities make Louisiana an ideal location for live performance productions such as this. It is no surprise that Cirque du Soleil has found such success in starting its touring productions here.”

Since it premiered in Montreal in 2005, Corteo has visited 64 cities in 19 countries under the Big Top. This new arena-staging of the production will launch in New Orleans with a parade in the French Quarter on Feb. 28 and performances at the Smoothie King Center on March 2-4. The show then will embark on a tour through the U.S. and Canada.

“In addition to the professional support and assistance provided by the management teams at Louisiana arenas, our touring troupes appreciate the warm hospitality, excellent local cuisine and skilled technical labor in Louisiana,” said David Pitman, Cirque du Soleil’s director of tour planning and arena shows. “The Musical and Theatrical Production Tax Credit is a unique program which encourages Cirque du Soleil to choose Louisiana as the location where our arena productions are brought to life.”

Corteo, which means “cortège” in Italian, is designed as a festive parade imagined by a clown, picturing his own funeral taking place in a carnival atmosphere. With a mix of dazzling acrobatics, playful music and visual storytelling – hallmarks of Cirque du Soleil productions – Corteo immerses its audience in a celebration in which illusion challenges reality. The cast includes 51 acrobats, musicians, singers and actors from all around the world.

As a participant in Louisiana Entertainment’s live performance program, Cirque du Soleil’s six show launches since 2012 have accounted for more than $20 million in spending in the state and 450 Louisiana resident jobs created. For the current Corteo show, Cirque du Soleil estimates Louisiana expenditures of $2.5 million, including employment for 50 Louisiana residents.

“The live performance program has generated very significant revenue for our public venues,” Pierson said. “By increasing the revenue stream to public facilities, we drive up their profitability or reduce the financial burden on their public owners. These rental revenues go straight to improving the bottom line of net operational facility costs. In addition, revenue generated from out-of-state ticket sales to these events benefits the state and local economies through retail sales and hotel rooms.”

Louisiana’s unique tax incentive for musical and theatrical productions provides tax credits ranging from 7 percent to 18 percent on certified in-state expenditures, plus an additional 7 percent tax credit for certified payroll expenditures for Louisiana residents. Projects are subject to a $1 million cap per year.

Cirque du Soleil’s previous tour launches from Louisiana included Michael Jackson IMMORTAL World Tour in 2012, Varekai in 2013, Toruk in 2015, OVO in 2016 and Crystal in 2017. Since 2003, Cirque du Soleil has presented a total of 19 productions at Louisiana venues, including arenas in Baton Rouge, Lafayette, Bossier City, Lake Charles and New Orleans.

(Press release, LED)

 

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