The Anschutz Entertainment Group is a sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation . The company owns or operates several major entertainment/sporting venues, including the Staples Center, the Home Depot Center, and The Forum.

The company also owns a number of sports teams, including the Los Angeles Kings, Chicago Fire, D.C. United, MetroStars, Los Angeles Galaxy, San Jose Earthquakes, the Manchester Monarchs, five European Hockey franchises, as well as interests in the Los Angeles Lakers and Los Angeles Sparks.

The company makes a significant amount of its money by leveraging its sports interests, already significant earners, by using the stadia in which these teams play to host various other entertainment events, most notably concerts. Indeed, Philip Anschutz created the company by buying up several small local promoters in Los Angeles in order to fill up the schedule for his new sports venue, the Staples Center. It is now the second-largest event promoter in the United States.

References

• Christopher Palmeri, "Media Wildcatter," Business Week, April 25, 2005, p. 101.