Sports fans are obsessed with the sports happening at L.A. Live which is owned by AEG. In the sports world they already own the L. A. Kings and the L. A. Galaxy. NFL fans and the city of Los Angeles have been looking to AEG to build a new stadium to house an NFL team. Los Angeles hasn't had a football team for over 10 years after having been home to both The Raiders and The Rams.
In a statement on ABC Evening News September 18th, Los Angeles Mayor Antonio Villaraigosa said AEG's sale will not affect plans for the NFL's return. "I have worked with both Philip Anschutz and Tim Leiweke for years to bring a football team to Los Angeles," Villaraigosa said. "I speak to both of them on a regular basis and I have known about this potential sale for some time. I have the commitment from both of them that this sale will not affect plans for an NFL team to return to Los Angeles in the near future and will not affect my support for moving ahead with Farmers Field and the Convention Center site."
But what about music? L.A. Live is home to many a great concert between Staples Center, Nokia Theater, Club Nokia, and Conga Room. It's also home to the Grammy Museum. Each year L.A. Live hosts the MTV Video Music Awards, Grammys and movie premieres in addition to the X Games and the ESPYS. More than Los Angeles, AEG has holdings worldwide and in other U. S. cities. For example, AEG owns The O2 arena in London, home of the 2012 Summer Olympics and large concerts.
AEG owns Goldenvoice, one of the main concert promoters in the Los Angeles area which has produced the Coachella Festival and Stagecoach each year in Indio, CA. After the purchase of many acres of land surrounding the polo fields in Indio, and its present bid for expansion it seems like an odd choice to sell everything.
AEG has provided a solid relationship with many concert venues and events which will now enter unknown territory. AEG also owns The El Rey Theater. It's hoped that many people will continue to work in their present positions, but it will no longer be the relationship of a sister company to Examiner.com.
It's certainly hoped that Examiner.com will continue to be able to bring you quality reviews through insider access to concerts and sports. Read more about the sports perspective at ESPN. Right now it feels like an earthquake swarm to both music hipsters and sports fanatics.