By David Ng
5:44 PM PST, November 30, 2012
Cirque du Soleil said it will close its production of "Iris" at the Dolby Theatre in Hollywood in January, saying that demand for tickets has not met expectations. The production, which opened in September 2011, had an estimated cost of nearly $100 million and had been intended to be an open-ended run.
"Iris" will have its final performance on Jan. 19.
The production was one of the most ambitious in Cirque's history. The spectacle surveyed the history of movies from the silent era to the present day.
The Montreal-based company spent about $40 million altering the Dolby Theatre, which was called the Kodak Theatre when the show opened, to meet the demands of the technically complex show.
Cirque said in a statement that, "despite phenomenal reviews and enthusiastic audience response, demand has not met projections." The company said it will "redeploy as many of our artists and employees as possible to other Cirque du Soleil projects."
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