![]() ![]() ![]() These included ConcertsWest and Goldenvoice, which had been founded by Gary Tovar, and promotes the annual Coachella Valley Music and Arts Festival. Philip Anschutz created the company by buying up several small local promoters in Los Angeles in order to fill up the schedule for his new sports venue, Staples Center. ![]() The company makes a significant amount of its money by leveraging its sports interests, already significant earners, by using the stadiums in which these teams play to host various other entertainment events, most notably concerts. The company also purchased the Champions on Ice figure skating tour in 2006, and own 12% of Djurgårdens IF Hockey. AEG also owned Hamburg Freezers before ceasing its existence in 2016. In sports teams, the company owns the Los Angeles Galaxy, 50% of the Los Angeles Kings, Ontario Reign, Eisbären Berlin with Berlin Mercedes-Benz Arena, 23.5% of Hammarby IF, as well as interests in the Los Angeles Lakers and Los Angeles Sparks. The company had its headquarters in Downtown Los Angeles. As part of the development of the O 2, Anschutz also purchased the London river service company Thames Clippers, and supported the development of the nearby David Beckham Academy (which also had a branch at the Home Depot Center). In England, it operates The O 2 which includes a 20,000 capacity arena. For venues, AEG owns and operates Arena and Dignity Health Sports Park, and managed the XL Center and Rentschler Field. Overview ĪEG owns and operates a variety of venues, sport teams, and entertainment concerns. AEG Presents was founded in 2002 as AEG Live. Under the AEG Presents brand, it is the world's second-largest presenter of live music and entertainment events, after Live Nation. It is the world's largest owner of sports teams and sports events. The Anschutz Entertainment Group ( AEG), also known as AEG Worldwide, is an American global sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. ![]()
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