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BIZ
Who Is AEG &
Tim Leiweke??? The
David Beckham Connection
by James Loving and Business Wire - Thursday March 29, 2007 The David Beckham, LA Kings, LA Galaxy, American Idol CONNECTION - Virgin USA - Olivia Newton-John - Los Angeles Lakers part owner Ed Roski - Warner Home Video & Bruce Lee - Hollywood Close Up - Dr Beat Richner - Ralph DiSibio the street kid to president of Westinghouse - Red Herring
DAVID BECKHAM, TIM LEIWEKE & AEG - WHO ARE THESE GUYS??? You can wheel and deal all you want but for the first quarter of 2007 has anyone made such a deal as signing David Beckham to the LA Galaxy of the MLS (Major League Soccer)? It was the deal that rocked and socked the business, entertainment, advertising and sports worlds all at one time. Can you think of any deal in your business lifetime that has had such an impact in so many business sectors? The answer is… probably not. The point being is who is this guy who heads the company that masterminded such a major transaction? His name is Timothy J. Leiweke, President & CEO, AEG. AEG? For those that don't know who is AEG? Well that was a question we asked ourselves without realizing that we previously published a story about AEG being involved with Harrah's in Singapore. It is known as a collection of companies considered to be one of the world’s leading presenters of sports and entertainment programming. It slipped under the radar that this company is the owner of the LA Galaxy football club of the MLS. They were the first soccer/football team that we covered in 1996. The LA Galaxy signing of David Beckham was through American Idol creator Simon Fuller. Get the connection? In researching who is AEG little was known from the information on their website. But finally a more transparent picture was recently revealed in part because Leiweke was up to making another one of his infamous deals. About AEG AEG is one of the leading sports and entertainment presenters in the world. AEG, a wholly owned subsidiary of The Anschutz Company, owns or controls a collection of companies including facilities such as STAPLES Center, The Home Depot Center, Toyota Park, Toyota Sports Center, Anaheim Convention Center Arena, El Rey Theater, Colosseum at Caesars Palace, NOKIA Theater at Grand Prairie and the NOKIA Theater Times Square. Their sports franchises include the Los Angeles Kings (NHL), Los Angeles Riptide (MLL), the Los Angeles Galaxy, Chicago Fire and Houston Dynamo (MLS), two hockey franchises operated in Europe, management of privately held shares of the Los Angeles Lakers (NBA) and Los Angeles Sparks (WNBA), the ING Bay to Breakers foot race and the Amgen Tour of California cycling road race; Now in his ninth year with the organization, Leiweke has acquired or merged more than 40 divisions and companies whose alliances create a global live entertainment organization capable of developing, producing, promoting, marketing and managing sports and entertainment programming in both facilities owned and operated by AEG as well as other venues. In addition AEG LIVE, the organization’s live-entertainment division, is a collection of companies dedicated to all aspects of live contemporary music performance, touring and a variety of programming and multi-media production. AEG Facilities, developers and operators of such venues as STAPLES Center, The Home Depot Center, Kodak Theater and HealthSouth Training Center; AEG Sports; AEG Merchandising; AEG Marketing, a sponsorship, sales and consulting company; AEG Real Estate, Creative Services and Business Resources all operate under his direction. Additionally, the company has begun fully developing London’s 28-acre Millennium Dome which includes a 23,000-seat arena, the O2 and over 650,000sf of leisure and entertainment use within the ‘Dome’ and additional arenas; The O2 World on a 45-acre site in the heart of Berlin; Citizen’s Business Bank Arena in Ontario, California; Sprint Center in Kansas City, Missouri; as well as Red Bull Park, a soccer stadium in Harrison, New Jersey; and L.A. Live, a $2.5 billion sports and entertainment district in downtown Los Angeles. As President of STAPLES Center, twice recipient of Pollstar’s prestigious “Arena of the Year” award, Leiweke was responsible for the overall development of the downtown Los Angeles showplace for major events and performances. Built under his direction in a record 18 months, STAPLES Center is the home of five professional sports franchises including the Los Angeles Lakers, Los Angeles Kings, Los Angeles Clippers, Los Angeles Avengers and Los Angeles Sparks; the most prestigious concerts and shows including Bruce Springsteen and the E Street Band (who played the arena’s first ever public event on October 17, 1999), the Eagles, U2, Paul McCartney, The Rolling Stones, Madonna, Fleetwood Mac, Britney Spears, Justin Timberlake, Christina Aguilera, Prices, Usher, Dixie Chicks, *N Sync and Don Henley. For more information, visit AEG today at www.aegworldwide.com. About Los Angeles Galaxy One of thirteen Major League Soccer (MLS) clubs, the Los Angeles Galaxy were founded on June 15, 1994, and play all of the club’s home games at The Home Depot Center on the campus of California State University at Dominguez Hills in Carson, Calif.
The L.A. Galaxy are one of the premier teams in MLS, boasting five championships, including the MLS Cup (2002, 2005), U.S. Open Cup (2001, 2005) and CONCACAF Champions’ Cup (2000). For more information, visit the official website at www.lagalaxy.com. WHAT'S THE DEAL???.... FULL STORY OLIVIA NEWTON-JOHN In the 1970's Olivia Newton-John made a major impact in the entertainment business with her numerous hit songs and most notably her starring role in the hit film Grease with John Travolta. So what is she doing now? Full story. About Hollywood Close-Ups Hollywood Close-Ups is the company founded by David Sheehan in 1994 while he was the entertainment reporter on KNBC-TV in Los Angeles. Sheehan's opportunity to form his own production company came at the suggestion of NBC Entertainment President Don Ohlmeyer, who immediately asked Sheehan to produce and host two network specials: "Macho Men of the Movies" with Clint Eastwood, Sylvester Stallone and Arnold Schwarzenegger, and "Hollywood's Leading Ladies", with Julia Roberts, Michelle Pfeiffer, Sharon Stone, and Barbra Streisand. WARNER HOME VIDEO With operations in 90 international territories, Warner Home Video, a Warner Bros. Entertainment Company, commands the largest distribution infrastructure in the global video marketplace. Warner Home Video's film library is the largest of any studio, offering top quality new and vintage titles from the repertoires of Warner Bros. Pictures, Turner Entertainment, Castle Rock Entertainment, HBO Home Video and New Line Home Entertainment. DID YOU KNOW??? Bill Mechanic is largely known for overseeing and releasing the blockbuster movie hit the "Titanic" (1997) when he was chairman and CEO of Twentieth Century Fox Filmed Entertainment from 1994 to 2000. He also oversaw production of "Braveheart" (1995), and "Boys Don't Cry" (1999) and Fight Club. During his career he is credited as having overseen the development and release of the largest all-time grossing films in history. But… DID YOU KNOW that Mechanic’s first job in the business was as SelecTV’s Program Director? SelecTV (The First In PPVTV - Pay Per View Television) News Letter from 1979 DID YOU KNOW that CNN founder Ted Turner was the owner of two professional sports teams in the USA and managed one of them for one day. He also founded the Goodwill Games. Full story Los Angeles Lakers Part Owner Wins Award Majestic Realty Co. Chairman and Chief Executive Officer Edward P. Roski Jr. received the prestigious Los Angeles Business Journal “Business Person of the Year” award. The award recognizes business leaders for outstanding vision, leadership and contributions to business throughout Los Angeles Roski has also been a trailblazer in the downtown Los Angeles renaissance. As part owner of the STAPLES Center, the Los Angeles Kings and the Los Angeles Lakers, Roski has been a visionary and catalyst for the city’s current resurgence. Ralph DiSibio - A Poor Street Kid to Westinghouse President Growing up as a poor street kid in Camden, New Jersey didn't defeat Ralph DiSibio. That tough background in a then industrial city inspired him to make some changes. There was no candy-ass in his background. He put himself through school worked hard and eventually became president of Westinghouse, the Parsons Corporation and the Washington Group International. 'Running Scared' The Confessions of a Street Kid Executive is a book of memoirs of what inspired him to achieve. His family, friends and the streets of Camden proved to be his impetus. NOTE: Ralph DiSibio's
book Running Scared is available on
DR BEAT RICHNER There are some who give with a heart. There are others that give expecting something back. Dr Beat Richner is a man who gives with his heart but he does receive something back and that is the health of Cambodian children. For the past fifteen years Richner has raised funds and has overseen construction of three Kantha Bopha Children's Hospitals in Cambodia. He is the founder and acting head of the facilities that give medical treatment to Cambodia's children FOR FREE. "He gave his life for this," an American from the city of Chicago said of Richner who was performing in Siem Reap, Cambodia by playing solo cello at a music concert to raise money for the hospitals including his Jayavarman VII Hospital that is in Siem Reap.. For some strange reason Richner hasn't received the respect that he deserves. He has received respect from our NR readers as his story ranked number three (3) on our National Radio All-time Top 10 stories rankings. About Red Herring, Inc. Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. VIRGIN BRAND Virgin, a leading branded venture capital organization, is one of the world's most recognized and respected brands. Conceived in 1970 by Sir Richard Branson, the Virgin Group has gone on to grow very successful businesses in sectors ranging from mobile telephony to transportation, travel, financial services, leisure, music, publishing, and retailing. Virgin has created more than 200 companies worldwide, employing over 50,000 people in 29 countries. Virgin USA oversees and is responsible for all expansion of the Virgin brand in North America. With a reputation as one of the most exciting brands in the world, Virgin continues to blast into markets where the customer is being underserved, offering value for money, good quality, innovation, exceptional customer service, fun, and a sense of competitive challenge. Existing businesses include Virgin Atlantic, Virgin Mobile, Virgin Megastores, Virgin Comics, Virgin Life Care, and Virgin Books. About Siemens Siemens AG is one of the largest global electronics and engineering companies, with reported worldwide sales of $96 billion in fiscal 2005. Founded nearly 160 years ago, the company is a leader in the areas of Medical, Power, Automation and Control, Transportation, Information and Communications, Lighting, Building Technologies, Water Technologies and Services and Home Appliances. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $18.8 billion and employs approximately 70,000 people throughout all 50 states and Puerto Rico. Eleven of Siemens' worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 460,000 people in 190 countries. For more information on Siemens in the United States: www.usa.siemens.com. About Siemens Communications, Inc. Siemens Communications, Inc. is one of the world’s leading vendors of Open Communications solutions for enterprises of all sizes, enabling business processes to be more productive, faster and more secure -- with any device, network or information technology infrastructure. The company is a wholly owned subsidiary of Siemens AG with about 15,000 employees globally and headquarters in Boca Raton, Fla. For more information, visit www.usa.siemens.com/communications. (Business Wire)
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