January 7, 2006 |
While Angel owner Arte Moreno has suggested the team could move from Anaheim, and while the city of Anaheim has wondered whether Los Angeles would be the destination, the most likely partner in building a stadium there says Moreno has not discussed any such project with him. "Not once," said AEG President Tim Leiweke. As California cities and counties grow increasingly resistant to funding sports facilities, AEG has built Staples Center and the Home Depot Center, largely with private financing.
December 18, 2005 |
Amid great fanfare, the British government spent about $1 billion building a monument on the banks of the Thames River to ring in the 21st century. The Millennium Dome attracted a reported 6.5 million visitors to futuristic exhibits showcasing British style, design and architecture before it was shuttered at the end of 2000. Since then, the distinctive landmark has sat empty except when rented out for an occasional New Year's Eve bash, skateboard competition or anti-racism festival.
CALIFORNIA | LOCAL
December 6, 2005 |
Anaheim and the Anschutz Entertainment Group have tentatively agreed to a five-year deal that would bring some 50 concerts, family shows and sporting events annually to the 7,500-seat Anaheim Arena, city officials said Monday. Greg Smith, Anaheim's convention, sports and entertainment director, said AEG Live, the concert-promoting arm of Anschutz's entertainment empire, would have exclusive entertainment booking rights to the arena.
CALIFORNIA | LOCAL
October 1, 2005 |
The City Council agreed Friday to provide up to $290 million in subsidies and loans for construction of a 55-story hotel next to the Los Angeles Convention Center despite the vow of a competing hotelier to take the issue to the ballot. Eight years in the making, the deal was approved unanimously, with backers saying it was critical to attracting enough business to the Convention Center to end a flow of red ink at the city-owned venue.
September 16, 2005 |
ESPN, the cable television sports giant, expects to dramatically bolster its Southern California presence by building a television and radio production center and an ESPN Zone sports bar and restaurant in the downtown entertainment district that AEG has proposed for a parking lot next to Staples Center.
September 13, 2005 |
In a move that reflects the growing sweep of AEG's sports and entertainment businesses, the Los Angeles-based company Monday promoted Chief Marketing Officer Shawn Hunter to the newly created position of president of its sports-related operations. The appointment of Hunter is expected to free AEG President and Chief Executive Tim Leiweke to focus on the company's strategic planning, as well as oversee AEG's growing stable of non-sports businesses.
August 17, 2005 |
The ever-increasing demand for luxury has helped shorten the life span of numerous arenas and stadiums built in the last three decades -- most notably the Miami Arena, which failed to anticipate the coming boom in luxury suites and lost its major league tenants after only 11 seasons. Which is why the company that owns Staples Center has been seeking to fend off the ravages of time, only six years after the $403-million arena opened south of Los Angeles' downtown core.
July 7, 2005 |
An unlikely winner in Wednesday's decision by the International Olympic Committee to award the 2012 Summer Games to London was Anschutz Entertainment Group, the Los Angeles company that owns Staples Center and the Los Angeles Kings of the National Hockey League.
June 2, 2005 |
The owner of Staples Center will try to bring life and profit to London's Millennium Dome, a landmark structure built for celebrations in 2000 that had become something of a white elephant and embarrassment for British Prime Minister Tony Blair's government. Anschutz Entertainment Group has unveiled plans for a nearly $1-billion music and sports arena underneath the white fiberglass tent. Stretching across 1.
April 17, 2005 |
The Anschutz Entertainment Group does some things incredibly well. If it did not, soccer would not be where it is in this country. But AEG also bungles some things, and a prime example was the unceremonious ouster last week of Peter Wilt, the longtime president and general manager of the Chicago Fire. Wilt, 45, is one of the most capable, agreeable and popular figures in the sport. By any measuring stick, his eight years with the Fire were a tremendous success.