What is Aeg Presents?

Overview

AEG Presents is a global live entertainment company, producing and promoting world-renowned concerts and music festivals. Founded in 2005 as the touring arm of Anschutz Entertainment Group (AEG), AEG Presents has grown into one of the largest live entertainment companies in the world, with offices in 22 countries.

History

AEG Presents was founded in 2005 as a subsidiary of AEG. The company's first major acquisition was Goldenvoice, a Los Angeles-based concert promoter. In 2009, AEG Presents acquired Steve Werner's Los Angeles-based Concerts West. In 2012, AEG Presents acquired the UK-based concert promoter Mean Fiddler. In 2016, AEG Presents acquired the Australian concert promoter Frontier Touring. The company's most recent major acquisition was in 2019, when it acquired the US-based concert promoter Live Nation Entertainment. This acquisition made AEG Presents the largest live entertainment company in the world.

Operations

AEG Presents operates in 22 countries and has a roster of over 3,000 artists. The company produces and promotes a wide range of live entertainment events, including concerts, music festivals, sporting events, and other special events. AEG Presents also operates a number of venues, including the O2 Arena in London, the Staples Center in Los Angeles, and the Mercedes-Benz Arena in Berlin.

Controversies

AEG Presents has been involved in a number of controversies. In 2009, the company was accused of overcharging for tickets to the Michael Jackson memorial service. In 2011, the company was accused of using deceptive marketing tactics to sell tickets to Bruce Springsteen concerts. In 2014, the company was accused of violating antitrust laws by conspiring with other promoters to fix ticket prices.

Conclusion

AEG Presents is one of the largest live entertainment companies in the world. The company produces and promotes a wide range of live entertainment events, including concerts, music festivals, sporting events, and other special events. The company also operates a number of venues around the world. AEG Presents has been involved in a number of controversies, but it remains one of the most successful live entertainment companies in the world.