Anschutz Entertainment Group
From Wikipedia, the free encyclopedia
The Anschutz Entertainment Group is a sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. The company owns or operates several major entertainment/sporting venues, including Staples Center and The Home Depot Center. In England they own the Manchester Evening News Arena, and the Millennium Dome which is being redeveloped as a multi-purpose arena, and re-launched under the name "The O2".
As part of the development of the Millenium Dome, Anschutz also purchased the London river service company Thames Clipper, to provide transport links using the river service to and from Central London and the Dome.
The company also owns a number of sports teams, including the Los Angeles Kings, Chicago Fire, Los Angeles Galaxy, Houston Dynamo, D.C. United, the Manchester Monarchs, five European Hockey franchises, Hammarby soccer team (Sweden), as well as interests in the Los Angeles Lakers and Los Angeles Sparks. The company also purchased the Champions on Ice figure skating tour in 2006.
The company makes a significant amount of its money by leveraging its sports interests, already significant earners, by using the stadia in which these teams play to host various other entertainment events, most notably concerts. Indeed, 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. It is now the second-largest event promoter in the United States.
[edit] References
- Christopher Palmeri, "Media Wildcatter," Business Week, April 25, 2005, p. 101.
[edit] External link
- Anschutz Entertainment Group Official Website
