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BUSINESS
September 12, 2008 | From Times Wire Services
When Live Nation Inc. leaves Ticketmaster next year to launch its own ticketing service, it won't go alone. The concert promoter -- which was once Ticketmaster's largest client -- signed a multiyear agreement with Philadelphia-based SMG, a facilities operator that runs 216 venues including 75 arenas and nine stadiums. Live Nation says it expects to sell 25 million tickets to SMG venues over the course of the deal, beginning in late 2009, which analysts estimate could account for about $50 million in revenues for the Beverly Hills-based concert promoter.
ARTICLES BY DATE
CALIFORNIA | LOCAL
June 10, 2013 | By David Zahniser
A company seeking to run the Los Angeles Convention Center filed a challenge Monday to the city's plan to hire Anschutz Entertainment Group, saying AEG lacked the experience needed to secure the lucrative contract. Pennsylvania-based SMG said in a protest letter that AEG did not meet the city's search specifications, which called for a firm with five years of "managing and operating convention or exhibition facilities in similar markets. " SMG and AEG were the only candidates in the city's search process.
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BUSINESS
August 30, 2010 | By Richard Verrier, Los Angeles Times
At the Tabernacle in Inglewood on a recent Sunday, more than 2,000 members of the Faithful Central Bible Church jammed the aisles of the warehouse-turned-church hall, standing, clapping and swaying to the gospel music thundering from a men's choir and accompanying rock band. They were warming up to hear their charismatic leader Bishop Kenneth Ulmer fire up the crowd with his trademark mix of humor (jokes about the new bathrooms), inspiration (God has a special assignment for you)
BUSINESS
September 10, 2010 | Richard Verrier
Faithful Central Bible Church, which bought the Forum in Inglewood with the hope of turning it into a local entertainment mecca before it was hobbled by a financial strain, settled a legal battle with the former operator of the landmark concert and sports arena. The settlement resolves the dispute that erupted between one of the largest African American churches in the country and Pennsylvania-based SMG, a manager of convention and entertainment venues, over management of the church-owned Forum.
CALIFORNIA | LOCAL
June 10, 2013 | By David Zahniser, Los Angeles Times
A company seeking to run the Los Angeles Convention Center on Monday filed a challenge to the city's plan to hire Anschutz Entertainment Group, saying AEG lacked the experience needed to secure the lucrative contract. Pennsylvania-based SMG said in a protest letter that AEG did not meet the city's search specifications, which called for a firm with five years of "managing and operating convention or exhibition facilities in similar markets. " SMG and AEG were the only candidates in the city's search process.
BUSINESS
September 10, 2010 | Richard Verrier
Faithful Central Bible Church, which bought the Forum in Inglewood with the hope of turning it into a local entertainment mecca before it was hobbled by a financial strain, settled a legal battle with the former operator of the landmark concert and sports arena. The settlement resolves the dispute that erupted between one of the largest African American churches in the country and Pennsylvania-based SMG, a manager of convention and entertainment venues, over management of the church-owned Forum.
CALIFORNIA | LOCAL
November 5, 2002 | Kimi Yoshino
Melodyland Christian Center has filed a lawsuit against the owners of the Grove of Anaheim in an attempt to block the sale of the 1,100-seat theater to the city. Over objections from Melodyland, the Anaheim City Council recently approved the $6.7-million purchase of the Grove, located in the city's sports and entertainment district near the Arrowhead Pond and Edison International Field.
ENTERTAINMENT
November 1, 2002 | Randy Lewis
Operation of the Grove Theater of Anaheim will be taken over by the Nederlander Organization under an agreement with the theater's new owner, the city of Anaheim. The city bought the 1,700-capacity theater, which occupies part of the Edison International Field parking lot, in September for $6.7 million from Philadelphia-based SMG. SMG had owned and operated it for the past two years. Anaheim takes ownership on Monday.
SPORTS
April 10, 1999 | JIM HODGES
Ice Dog fans who have come to the Long Beach Arena with signs reading "No L.A." were told Friday night that there would be no L.A. in the team's future. No Inglewood either. At their 2-1 loss to Detroit, the Ice Dogs announced a two-year extension of their agreement with the city of Long Beach and SMG, operator of the arena, that will earn them a greater share of concession and parking revenue and ensure that when the Kings leave the Great Western Forum they will not be replaced by the IHL team.
SPORTS
May 26, 1999 | HELENE ELLIOTT, TIMES STAFF WRITER
Mario Lemieux modified his reorganization plan for the bankrupt Pittsburgh Penguins by announcing Tuesday he will convert $20 million he is owed by the club to equity in the franchise, forgive the remaining $7.5 million in debt and forgo any up-front or deferred payments from the club. Under his previous plan, Lemieux would have received immediate and deferred payments. Some creditors had objected to those provisions. A hearing is scheduled for Friday in U.S.
BUSINESS
August 30, 2010 | By Richard Verrier, Los Angeles Times
At the Tabernacle in Inglewood on a recent Sunday, more than 2,000 members of the Faithful Central Bible Church jammed the aisles of the warehouse-turned-church hall, standing, clapping and swaying to the gospel music thundering from a men's choir and accompanying rock band. They were warming up to hear their charismatic leader Bishop Kenneth Ulmer fire up the crowd with his trademark mix of humor (jokes about the new bathrooms), inspiration (God has a special assignment for you)
BUSINESS
September 12, 2008 | From Times Wire Services
When Live Nation Inc. leaves Ticketmaster next year to launch its own ticketing service, it won't go alone. The concert promoter -- which was once Ticketmaster's largest client -- signed a multiyear agreement with Philadelphia-based SMG, a facilities operator that runs 216 venues including 75 arenas and nine stadiums. Live Nation says it expects to sell 25 million tickets to SMG venues over the course of the deal, beginning in late 2009, which analysts estimate could account for about $50 million in revenues for the Beverly Hills-based concert promoter.
CALIFORNIA | LOCAL
September 25, 2002
The Anaheim City Council agreed Tuesday to pay $6.7 million for the Grove of Anaheim, an 1,100-seat theater near Edison International Field. SMG, the company that owns The Grove, had received a $6.7-million purchase offer from Melodyland Christian Center. But the city--which had originally owned the 1.25-acre property before deeding it to Ogden Entertainment in 1997--retained the right of first offer if it were ever sold.
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