September 19, 2012 |
The whispers started right away: Was Patrick Soon- Shiong , a Los Angeles billionaire-doctor-philanthropist-businessman, on the shortlist of potential buyers for entertainment giant AEG ? Soon after the company put itself on the block Tuesday, Soon- Shiong representative Chuck Kenworthy confirmed that the mogul “is keenly aware that AEG is in play” and is “interested.” Here, a look into the life of the founder of Abraxis BioScience Inc. who, as of Wednesday, was the 47th- richest person in America and the wealthiest in Los Angeles . Soon- Shiong was raised in apartheid Sou th Africa by his Chinese immigrant parents; his father fled China during World War II and practiced traditional Asian medicine.
September 13, 2012
Re "Tackling AEG," Opinion, Sept. 10 Jim Newton's Op-Ed column begins with a promising, to-the-point headline, one that implies that the interests of the people of Los Angeles are in conflict with developer AEG's. But in his second paragraph Newton writes, "AEG, the developer, has so successfully courted influence over the years that it's hard to drive a hard bargain. " Why say it so politely? What Newton must actually mean is, "AEG owns Los Angeles; it has paid off so many officials for such a long period of time that there is no one left to defend the city's interests.
September 17, 2011
Few issues have drawn such one-sided response from our letter writers as the proposed football stadium in downtown Los Angeles. So when The Times published an editorial on Sept. 4 supporting a state bill to expedite judicial review of the project (a narrower accommodation than the broad protection from environmental lawsuits that developer AEG had asked for originally), and a follow-up editorial on Sept. 12 calling for a comprehensive review of the California Environmental Quality Act, several readers expressed incredulity over the paper's position.
February 5, 2013 |
In its bid to create a ticketing system that can eventually compete head-to-head with Ticketmaster, Los Angeles entertainment giant AEG is putting forth a bold argument: The long-standing concept of the morning on-sale needs to die. "It's 2013, a 24-7 fully-distributed on-demand world, and we still have this process that's a legacy of how we used to sell tickets 30 years ago, when you stood in line outside of Tower Records," said Bryan Perez,...
CALIFORNIA | LOCAL
May 7, 2013 |
Michael Jackson's doctor showed warning signs that should have led concert promoter AEG to raise serious questions before letting him sign on as the singer's physician for an anticipated comeback tour, a cardiologist testified Tuesday. Dr. Daniel Wohlgelernter, who practices in Santa Monica and who has taught at Yale and UCLA medical schools, spent Tuesday as an expert witness testifying on behalf of Jackson's mother and three children, who have filed a wrongful death suit against AEG, the entertainment company that promoted Jackson's 50 London concerts.
March 5, 2013 |
In a story posted Monday, Yahoo's Jason Cole reported AEG's proposal for a downtown NFL stadium “is essentially dead” to the league, citing two NFL sources who say the numbers don't make sense. For months, the league has made it clear it will only return to L.A. when the right deal is on the table, and that deal has yet to materialize. I wrote about that in August. But the most intriguing aspect of the Yahoo report is that it is counter to the way the league has operated throughout the 18 years L.A. has been without a team.