Latest in Anschutz Entertainment Group

Regal Entertainment’s share price fell about 5.3% in post-market trading today after the No. 1 exhibition chain disclosed that its parent, the Anschutz Corp., will unload 13 million publicly traded Class A shares in a secondary offering. The sale will leave entrepreneur Philip Anschutz still in charge of the chain…

The wording of AEG’s release about the restructuring is bitter cold: The company “has ended its relationship with Randy Phillips, the CEO of AEG Live, and is restructuring the management of that live entertainment subsidiary” it said. There’s no word of thanks — or anything about what happened, or will happen, with…

So much for Anschutz’s dream to make a $10B or so deal that could revamp the live entertainment business. The Anschutz Company just pulled the plug on the auction process that began in September to sell its sprawling sports and entertainment unit Anschutz Entertainment Group that has its hands in more than 100 global…

It’s the beginning of the beginning of the auction process for billionaire Philip Anschutz’ live entertainment business. The company is circulating a 25-page information memorandum that describes the operations being offered but without financial data, Reuters reports. Those who sign non-disclosure agreements should…

No matter what the consumer will still get screwed. Anschutz Entertainment Group will roll out its much-hyped challenge to chief rival Live Nation Entertainment’s Ticketmaster this Saturday. So the battle is on. AEG has partnered with start-up Outbox Technology to form AXS with a plan to sell tickets through more than…

The TV networks with NFL rights have been salivating at the thought of putting a pro football team back in the ultra-lucrative Los Angeles market. Today, the Los Angeles City Council has become their new best friend by voting to approve a memorandum of understanding that outlines the financial framework of a $1.2…