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Philip F Anschutz

Billionaire Philip Anschutz has quietly negotiated a deal to buy a concert promotion firm as part of an effort to raise his profile in the national concert business. Anschutz Entertainment Group, which controls Anschutz's sports and marketing operations, has purchased Concerts West Ltd., a 2-year-old firm owned by veteran promoters John Meglen and Paul Gongaware.
April 11, 2007 | Glenn F. Bunting, Times Staff Writer
In the film "Adaptation," a screenwriting instructor named Robert McKee humiliates a struggling scribe played by actor Nicolas Cage. Launching into an obscenity-laced tirade, the McKee character screams, "You, my friend, don't know crap about life! And why are you wasting my two precious hours with your movie? I don't have any bloody use for it!" The real-life McKee turned in an equally dramatic performance last week in a downtown Los Angeles courtroom.
December 14, 2002 | From Bloomberg News
A probe of Qwest Communications International Inc. was closed by a House panel after it found no evidence to link founder Philip Anschutz to an accounting scandal. The investigators' interview with Joseph Nacchio, Qwest's former chief executive, produced no evidence that Anschutz helped Qwest overstate revenue, a committee spokesman said. Anschutz has said he had only a ceremonial role at Qwest, the fourth-biggest U.S. local-telephone company.
Since Philip Anschutz let out that he may be planning to build a football stadium in downtown Los Angeles, the Colorado billionaire has created a buzz about where he might put such a massive project. But many within the commercial real estate industry and in economic development agencies are skeptical that such a plan is financially or politically feasible, even if City Hall agrees to help.
September 28, 2002 | Associated Press
Qwest Communications International Inc. founder and director Philip Anschutz spoke by phone with congressional investigators examining his knowledge of the company's financial troubles, a source close to the Denver billionaire confirmed. House Energy and Commerce Committee staff members were focusing on sales of nearly 6.1 million shares in May and June 2001 that netted $213.5 million for Anschutz Corp., solely owned by Anschutz.
February 3, 2007 | Glenn F. Bunting, Times Staff Writer
A hotly contested Hollywood trial kicked off Friday with attorneys for bestselling author Clive Cussler and Denver billionaire Philip Anschutz offering starkly different accounts of who was responsible for the financial failure of the movie "Sahara." Lawyer Bertram Fields blamed Anschutz's production company, Crusader Entertainment, for gutting Cussler's novel by turning action hero Dirk Pitt into a "treasure-hunting rogue."
November 22, 2003 | From Reuters
The California Supreme Court has rejected a bid by billionaire Philip Anschutz to avoid being sued for allegedly aiding and abetting securities fraud at Denver-based-phone company, Qwest Communications International Inc. The state high court also refused to stop the lawsuit, brought against Qwest, Anschutz and company President Joseph Nacchio by the California State Teachers Retirement System, while Anschutz appeals the ruling to the U.S. Supreme Court.
July 22, 2006 | Vanora McWalters, Special to The Times
British Deputy Prime Minister John Prescott broke rules for ministers by not immediately declaring his stay last year at an American billionaire's ranch, according to a watchdog agency. Prescott, whose portfolio includes planning and urban redevelopment, spent a weekend in July 2005 at the Colorado ranch of Philip Anschutz, who is building an entertainment center in East London and is hoping to lease space to house Britain's first super-casino.
October 13, 1997 | T.J. SIMERS, TIMES STAFF WRITER
Criticized stadium deals in Oakland and San Diego and a frustrated owner in San Francisco's Edward DeBartolo, who is quietly making threats to move again, have become the foundation of hope for a new Coliseum and the return of professional football to Los Angeles. Edward Roski, co-owner of the Los Angeles Kings, will present the outline for a $300-million financing plan for a new Coliseum to the NFL owners' stadium committee here Tuesday morning.
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