The Anschutz Corporation

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The Anschutz Corporation
Private
Founded1958; 61 years ago (1958)
FounderFred Anschutz
Headquarters,
OwnerPhilip Anschutz
SubsidiariesAnschutz Entertainment Group
Clarity Media Group
The Oklahoma Publishing Company
Websitewww.aegworldwide.com

The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States.[1] It was started during 1958 by Fred Anschutz, a wildcatter, and the father of Philip Anschutz, who assumed control of the company in 1962.[1]

The Anschutz Corporation, and affiliates Anschutz Company and Anschutz Investment Company, are vehicles for the diversified investments for Anschutz;[1] the latter is a venture capital company with minority stakes in sectors such as mass media, entertainment, sports, telecommunications, energy, and transportation.[2] Larger investments include Anschutz Entertainment Group (AEG).[3] The Regal Entertainment Group (REG) was also owned by TAC until it was sold in 2018.[4] The company is also the owner, through Clarity Media Group and The Oklahoma Publishing Company, of several media properties, including The Oklahoman, The Gazette (of Colorado Springs), The Washington Examiner and the now defunct The Weekly Standard.[5]

Coachella Music Festival[edit]

The Anschutz Corporation runs and owns the Coachella Music Festival through its subsidiaries Anschutz Entertainment Group and AEG Presents (formerly AEG Live[6]).[7]

References[edit]

  1. ^ a b c The Anschutz Corporation, a company history and profile from FundingUniverse.com
  2. ^ Anschutz Investment Company from Bloomberg Businessweek
  3. ^ Regal Entertainment Group from the Anschutz Entertainment Group website
  4. ^ "Cineworld buying Philip Anschutz' Regal movie chain in global expansion". Denver Post.
  5. ^ Avery, Greg (November 30, 2012). "Anschutz buys Colorado Springs Gazette". Denver Business Journal. Retrieved November 30, 2012.
  6. ^ "AEG Live Is Now AEG Presents". Billboard. Retrieved 2019-02-14.
  7. ^ "Who Is Philip Anschutz, Controversial Owner of Coachella Parent Company?". Billboard. Retrieved 2018-01-04.

External links[edit]