"Ringling Bros. Circus Folding Its Tent After Nearly 150 Years"

"The Ringling Bros. and Barnum & Bailey circus said on Saturday it will cease performances after 146 years in business, owing to what it said were declining tickets sales and high operating costs.

'After much evaluation and deliberation, my family and I have made the difficult business decision that Ringling Bros. and Barnum & Bailey will hold its final performances in May,' Kenneth Feld, chairman and CEO of Feld Entertainment, the Florida-based producer of Ringling Bros. and Barnum & Bailey, said on the circus' web site.In May of last year, the circus retired its elephant act, years after a suit by activists. It admitted no wrongdoing, but agreed to a six-figure fine several years before ending the elephant performances.

In his statement on Saturday, Feld noted that declining sales had fallen off even more dramatically following what he called 'the transition of the elephants off the road.'"

Chris Michaud reports for Reuters January 14, 2017.