Latest news with #AEG
Sky News
2 days ago
- Business
- Sky News
Pensions insurer Rothesay joins suitors for O2 ground rent deal
Britain's biggest pensions insurance specialist has joined the race to buy the 999-year lease of the O2, London's best-known entertainment venue. Sky News has learnt that Rothesay, which has more than £70bn of assets under management, is among the bidders for the long-term income stream generated by the arena in North Greenwich. Rothesay and the Universities Superannuation Scheme - along with a small number of undisclosed bidders - are participating in an auction being run by Eastdil, the real estate-focused investment bank. None of the parties has secured exclusivity, although insiders suggested that such a development was unlikely to be far away. Rothesay has become one of Britain's most successful specialist insurers, having been established in 2007. It now protects the pensions of more than 1m people in Briton and makes more than £300m in pension payouts every month. The auction of the O2's ground rent has been underway for several months, with Sky News having revealed that it was being put up for sale by Cambridge University's wealthiest college. Trinity College, which ranks among Britain's biggest landowners, acquired the site in 2009 for a reported £24m. The O2, which shrugged off its 'white elephant' status in the aftermath of its disastrous debut as the Millennium Dome in 2000, has since become one of the world's leading entertainment venues. Operated by Anschutz Entertainment Group (AEG), it has played host to a wide array of music, theatrical and sporting events over nearly a quarter of a century. Trinity College, which was founded by Henry VIII in 1546, bought the O2 lease from Lend Lease and Quintain, the property companies which had taken control of the Millennium Dome site in 2002 for nothing.
Business Wire
2 days ago
- Entertainment
- Business Wire
IG Arena Hosts First Public Event Headlined by Hans Zimmer
LOS ANGELES & NAGOYA, Japan--(BUSINESS WIRE)--Multiple GRAMMY®-nominated and Academy Award winning film score composer, conductor and music producer Hans Zimmer headlined the first-ever public event at Japan's new state-of-the-art IG Arena in Aichi Prefecture Nagoya. Zimmer's first-ever performance in Japan took place on May 24 in the 17,000-seat multi-purpose arena which is part of several new projects in Asia being developed by AEG, the world's leading sports and live entertainment company. AEG is known for such iconic venues and destinations as Arena and L.A. LIVE (Los Angeles), T-Mobile Arena (Las Vegas), The O2 (London), Uber Arena and Platz (Berlin), Mercedes-Benz Arena (Shanghai) and most recently, UOB LIVE (Bangkok). The company presently has other significant projects underway in Osaka, Japan and Bangkok, Thailand. IG Arena, with its hybrid oval-shaped arena, is considered one of Japan's largest and most modern sports and entertainment facilities. The venue is slated to open on July 13 hosting the Nagoya Grand Sumo Tournament, also known as the Nagoya Basho. About IG Arena IG Arena is a hybrid oval-shaped arena built in Aichi Prefecture. It is one of the largest venues in Japan, with a maximum capacity of 17,000 people, and a 30-meter ceiling height. IG Arena will be the home of the Nagoya Grand Sumo Tournament and the Nagoya Diamond Dolphins of the More information about IG Arena can be found here: About AEG Headquartered in Los Angeles, California, AEG is the world's leading sports and live entertainment company. The company operates in the following business segments: Music through AEG Presents, which is dedicated to all aspects of live contemporary music performances, including the production and promotion of global and regional concert tours, an extensive portfolio of clubs, theaters and other music venues, concerts and special events and world-renowned festivals such as the Coachella Valley Music and Arts Festival; Venues and Real Estate, which develops, owns and operates world-class venues, as well as major sports and entertainment districts like Arena and L.A. LIVE, Uber Platz in Berlin and The O2 in London; Sports, as the world's largest operator of high-profile sporting events and sports franchises including the LA Kings, LA Galaxy and Eisbären Berlin; Global Partnerships, which oversees worldwide sales and servicing of sponsorships including naming rights, premium seating, and other strategic partnerships. And Ticketing, through its ticketing platform, which provides more than 400 clients worldwide with ticketing services that cover the gamut of entertainments, including sporting events, arena tours, music clubs, festivals, rodeos and family events. Through its worldwide network of venues, portfolio of powerful sports and music brands and its integrated entertainment districts, AEG entertains more than 90 million guests annually. More information about AEG can be found at
Associated Press
3 days ago
- Business
- Associated Press
AEG and Goldenvoice Hosts High-School and College Students for an Inside Look at the Making of a Music Festival
To educate high-school and college students about career opportunities in the live music industry, AEG and Goldenvoice hosted two career exploration events, AEG Futures, timed to Goldenvoice's popular music festivals Just Like Heaven and Head in the Clouds Music & Arts Festival. The AEG Futures' Just Like Heaven event took place on May 8 and included remarks by Pasadena Mayor Victor Gordo Pasadena City Council Member Tyron Hampton, as well as Jens Weiden, Chief Executive Officer of the Rose Bowl Operating Company. The Head in the Clouds event, took place on May 14 and included opening remarks by Terry Park of The Asian American Foundation, and Jens Weiden, Chief Executive Officer of the Rose Bowl Operating Company. At both events, students were given a behind-the-scenes tour of the festival grounds, located at Brookside at the Rosebowl, to better understand how stage and sound design, festival layout, food and beverage concessions and merchandise and sustainability vendors coordinate to bring a music festival to life. Additionally, students participated in speed mentoring sessions, connecting one-on-one and in small groups with industry professionals Rachel So, Festival Operations Manager at Goldenvoice, and Chavante 'Tae' Flakes, a Talent Buyer at Goldenvoice. These intimate conversations gave students the opportunity to ask questions, explore career paths, and gain confidence in their aspirations. For the final activity, students participated in a Build Your Own Festival challenge, where they were tasked with putting their knowledge to the test by designing and pitching their own music festivals to a panel of Goldenvoice executives. 'These AEG Futures events are a great opportunity to expose students to career opportunities in live entertainment while providing them with a great educational opportunity. It's an incredible experience to have because many are still thinking about what to do when they graduate,' said Michael Ilves, Senior Director, Festivals, Goldenvoice. 'By giving students a hands-on look at how major music festivals come together and offering direct access to industry professionals, we're helping them build real-world skills and envision a future for themselves in this space. Early exposure to career pathways like these can increase students' confidence and help them make more informed decisions about their postsecondary plans.' Both AEG Futures events underscore the company's commitment to investing in the next generation of live entertainment leaders. To learn more about AEG Futures, please visit Visit 3BL Media to see more multimedia and stories from AEG
Associated Press
7 days ago
- Business
- Associated Press
Crypto.com Arena Leads the Way in Sustainability With Reusable Cup Program
AEG's Arena in Los Angeles, CA has become the first major sports and entertainment venue in the U.S. to fully transition to 100 percent reusable drinkware, replacing single-use cups with a system designed to drastically reduce waste. The bright yellow bins throughout the arena's concourse are part of a larger environmental initiative to keep plastics out of landfills. Since launching the program in 2024 in partnership with the nation's #1 reuse provider, the arena has already diverted hundreds of thousands of single-use cups. The reusable cup program is just one component of a larger sustainability push by AEG, which owns the arena that is home to the NBA's Los Angeles Lakers, the NHL's LA Kings and the WNBA's Los Angeles Sparks. As the WNBA season kicks off and summer events roll in, the arena aims to keep sustainability at the forefront of its operations. With every cup collected, sorted, and reused, Arena is leading the charge toward a more sustainable future. See more on Arena's reusable cup program featured in this Spectrum News 1 article. Visit 3BL Media to see more multimedia and stories from AEG
Forbes
22-05-2025
- Entertainment
- Forbes
Sabrina Carpenter's Breakout Single Has Been Demoted
Sabrina Carpenter's 'Taste' passes 'Feather' to become her second-longest-charting Hot 100 hit, with ... More three of her top songs now from Short n' Sweet. NEW YORK, NEW YORK - SEPTEMBER 30: (Exclusive Coverage) Sabrina Carpenter performs onstage during the Sabrina Carpenter Short n' Sweet Tour at Barclays Center on September 30, 2024 in New York City. (Photo byfor AEG) Before releasing her album Short n' Sweet, Sabrina Carpenter had already scored a breakout hit on the Hot 100 with "Feather." Taken from her previous full-length Emails I Can't Send, the track helped her rise to a new high point on the Hot 100, and it remained on the tally for months. While that composition may have set the stage for her takeover in the United States, it has now been demoted in her discography. "Taste" was pushed as the third official single from Short n' Sweet last August. Coming up on a year later, the track is still present inside the top 40 on the Hot 100, as it dips slightly from No. 38 to No. 40. As "Taste" holds on, it reaches 38 weeks on the list — a special number for Carpenter. The track now ties with "Please Please Please" as her second-longest-running Hot 100 hit. As the Short n' Sweet focus track remains on the roster, it breaks its tie with "Feather," which spent 37 frames on the Hot 100. Carpenter's sturdiest win on the Hot 100 remains "Espresso" by a wide margin. That track is still going strong and stands out as the Grammy winner's highest-charting success at the moment. It slips slightly to No. 21 in its fifty-seventh frame on the chart, which ranks the most consumed songs in the U.S. As "Taste" earns another stay on the Hot 100 and breaks its match with "Feather," that means that Carpenter's three longest-running Hot 100 hits now all come from Short n' Sweet. "Espresso," "Please Please Please," and "Taste" have each spent time inside the top three on the chart and were selected as singles. The fourth focus cut from the standard edition, "Bed Chem," is no longer present on the Hot 100. It ranks as her fifth-longest-charting success, with 32 weeks on the tally, coming in just behind "Feather" by about a month. There's a good chance that "Taste" will remain on the Hot 100 when Billboard refreshes its charts in a few days. If it can hold on, it will pass "Please Please Please" and become Carpenter's second-longest-running tune on the list. It does seem unlikely that it will be able to match "Espresso,' though — especially considering the fact that the singer's biggest win is still outperforming all of her other cuts.
