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Dion's show grossed over $400 million in a run that stretched for nearly five years, and it was a regular sellout. "As a business model we could have kept this going for years," said a wistful John Meglen, president and co-chief executive of AEG Live/Concerts West, promoter for the show. But there is nothing that can be done when a star is ready to move on.
It is hard to remember now what a risk "A New Day" was when the partnership between Cirque du Soleil veteran Franco Dragone and the diva was announced. Caesars Palace agreed to build a $95-million, 4,000-seat venue for Dion's massive show, which would include a band, sets and more than 50 dancers. Harrah's chief executive Garry Loveman remembers thinking what a risk his competitor was taking bringing Dion to Vegas at such cost. "I was nervous," he admits now. Soon he'd have more reason for nerves -- by the time the show opened in 2003, Harrah's owned Caesars but the gamble paid off.
(By Richard Abowitz, Special to The Times)
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