On January 14, 2017, Feld Entertainment Inc., parent company of Ringling Bros. and Barnum & Bailey® and the world’s largest producer of live family entertainment, announced that the iconic 146-year-old circus would hold its final performances later this year. Ringling Bros.®’ two circus units will conclude their tours with their final shows at the Dunkin’ Donuts Center in Providence, R.I., on May 7, and at the Nassau Veterans Memorial Coliseum in Uniondale, N.Y., on May 21, 2017.
The company said their decision to end the circus tours was made as a result of high costs coupled with a decline in ticket sales, making the circus an unsustainable business for the company. Following the transition of the elephants off the circus, the company saw a decline in ticket sales greater than could have been anticipated.
“Ringling Bros. and Barnum & Bailey was the original property on which we built Feld Entertainment into a global producer of live entertainment over the past 50 years,” said Kenneth Feld, Chairman and CEO of Feld Entertainment. “We are grateful to the hundreds of millions of fans who have experienced Ringling Bros. over the years. Between now and May, we will give them one last chance to experience the joy and wonder of Ringling Bros.”
“This was a difficult business decision to make, but by ending the circus tours, we will be able to concentrate on the other lines of business within the Feld Entertainment portfolio,” said Juliette Feld, Feld Entertainment’s Chief Operating Officer. “Now that we have made this decision, as a company, and as a family, we will strive to support our circus performers and crew in making the transition to new opportunities,” she added.
In view of the the impending demise of this famous circus, “The Greatest Show on Earth”, we may assume that the company will no longer have a requirement for their large fleet of passenger cars that are used to transport the two (Blue and Red) units of the circus. Although no announcement has been made about plans for disposition of this equipment, we anticipate that AAPRCO members will follow news of this subject with considerable interest.