Feld Entertainment Inc.
8607 Westwood Center Dr.
Vienna, Va. 22182
www.feldentertainment.com Year founded: 1967 Industry: Hospitality/travel Revenue: $800.00 Million Net Income/Loss: n/a Earnings per share: n/a Dividend: n/a Stockholder equity: n/a Auditor: n/a Stock: Assets: n/a Market capitalization: n/a 52-week high: n/a 52-week low: n/a Chairman and CEO: Kenneth Feld Employees: 1700 Local employees: 200 Description: Feld Entertainment likes to call itself the world's largest producer of live entertainment. Each year, the company says, more than 25 million people see Ringling Bros. and Barnum & Bailey Circus and Disney on Ice. It also produced Siegfried & Roy, the Las Vegas lion tamers. The company says that on any given day it's running 30 live performances. Developments: Feld suffered a big loss in October when it had to close down one of Las Vegas's most popular and lucrative acts, Siegfred & Roy, after Roy Horn was attacked by one of his white tigers during a performance. More than 400,000 people a year attended the show at the Mirage hotel and casino, where Siegfried and Roy had a lifetime contract. Close to death after he was mauled, Horn is reportedly recovering slowly. The company continues to come under attack from animal rights groups. In July, a federal judge declined Feld's request to dismiss a lawsuit by the American Society for the Prevention of Cruelty to Animals, the Fund for the Animals and the Animal Welfare Institute that accused the company of mistreating its Asian elephants. The company said that the case is without merit and that it plans to vigorously defend itself. In December, Denver's City Council agreed to put on an August ballot a proposal to ban the performance of exotic animals in parades and circuses. The proposal was approved for the ballot after a 15-year-old high school freshman collected the requisite number of signatures, almost 6,000, and, if approved by voters, it would represent the first time a major city has banned performances by wild animals. About 15 smaller communities have already approved these kinds of restrictions. Feld also runs a 200-acre elephant conservation center in Florida. Last year two elephants were born there, including the first born from elephants bred at the center. In March, Feld launched a smaller edition of its circus called the Hometown Edition—a one-ring interactive show where the audience gets to ask performers questions, participate in the show and tour backstage. Feld, which also produces Disney on Ice, is launching a new set of theater performances called Disney Live.
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