Aeg Presents

Aeg Presents: A Concert Promotion Giant

Introduction

AEG Presents is one of the world’s leading concert promoters. Founded in 2002, the company has grown rapidly to become a major player in the live entertainment industry. AEG Presents promotes a diverse range of concerts, from large-scale stadium shows to intimate club gigs. The company has worked with some of the biggest names in music, including Taylor Swift, Ed Sheeran, and Beyoncé.

History

AEG Presents was founded in 2002 by Philip Anschutz, the CEO of Anschutz Entertainment Group (AEG). Anschutz is a billionaire businessman with a long history in the entertainment industry. He founded AEG in 1991, and the company has since become one of the world’s leading sports and entertainment companies.

AEG Presents was initially formed as a division of AEG. However, the company quickly grew and became a major force in the concert promotion industry. In 2007, AEG Presents acquired House of Blues Concerts, a leading promoter of live music. This acquisition gave AEG Presents a significant presence in the club market.

Operations

AEG Presents operates in 20 countries around the world. The company has offices in major cities such as Los Angeles, New York, London, and Sydney. AEG Presents promotes a wide range of concerts, from large-scale stadium shows to intimate club gigs. The company also produces festivals, such as the Coachella Valley Music and Arts Festival and the Firefly Music Festival.

AEG Presents has a team of experienced concert promoters who work with artists to develop and execute successful tours. The company also has a strong marketing and public relations team that helps to promote concerts and generate ticket sales.

Financial Performance

AEG Presents is a privately held company, so it does not disclose its financial performance. However, the company is believed to be one of the most profitable concert promoters in the world. In 2019, AEG Presents promoted over 10,000 concerts and sold over 50 million tickets. The company’s revenue is estimated to be in the billions of dollars.

Conclusion

AEG Presents is a global leader in the concert promotion industry. The company has a diverse portfolio of concerts and festivals, and it works with some of the biggest names in music. AEG Presents is a well-respected and profitable company that is expected to continue to grow in the years to come.