Ringling Bros. and Barnum & Bailey Circus is shutting its doors for good, the circus announced on Saturday.
"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 of this year," Kenneth Feld, CEO of Ringling Bros.' parent company, Feld Entertainment, said in a statement. "Ringling Bros. ticket sales have been declining, but following the transition of the elephants off the road, we saw an even more dramatic drop. This, coupled with high operating costs, made the circus an unsustainable business for the company."
The last show will take place on May 7, he said.