PROGRAMMING NOTE: Catch 'Big Brother' Tonight After CBS2 News At 11:35PM | More Info

Philip Anschutz

Tim Leiweke, who served as President and CEO of AEG since 1996, will be stepping down, the company announced Thursday. (Photo by Kevork Djansezian/Getty Images)

AEG No Longer For Sale; CEO Exits

Anschutz Entertainment Group is no longer on the market.


SAN FRANCISCO - NOVEMBER 14:  Oracle CEO Larry Ellison delivers a keynote address at the 2007 Oracle Open World conference November 14, 2007 in San Francisco, California. Oracle Open World runs through  November 15.  (Photo by Justin Sullivan/Getty Images)

Oracle CEO, 3rd Richest Man In America Larry Ellison Enters AEG Race

Oracle CEO Larry Ellison, also known as the third richest man in America, could be the new face of AEG according to an exclusive report by Reuters.


From left to right: Bobby Patton,of Texas, has been a longtime client of Guggenheim; Stan Kasten, 60, was the General Manager for the Atlanta Hawks, President of the Atlanta Braves & Thrashers and most currently the Washington Nationals; Mark Walter, 51, of Iowa. Graduated from Northwestern University and net worth is $1.3-billion; Magic Johnson, 52, NBA Hall-of-Famer, 3-time NBA MVP and possibly the greatest Laker of all time; Peter Guber, 70, is CEO of Mandalay Entertain and professor at UCLA School of Theater, Film, TV and Digital Media; Todd Boehly is President of Guggenheim since 2001 and former VP of Whitney& Co. (Photo Credit: Jon SooHoo, Juan Ocampo and Jill Weisleder/Los Angeles Dodgers)

Dodgers’ Owner, Guggenheim Partners, Interested In Bidding On AEG

The new owner of the Dodgers may be looking to add the Lakers, Kings and Galaxy to its roster of professional Los Angeles sports teams.

CBS2 / KCAL9–10/03/2012

Dr. Patrick Soon-Shiong with Earvin "Magic" Johnson. (credit: Kevork Djansezian/Getty Images)

LA’s Richest Man Emerges As Possible Bidder For AEG

The man believed to be the richest in Los Angeles emerged Wednesday as a possible bidder for the AEG, which owns the Staples Center, the L.A. Live complex and the world’s second-largest concert-promotion business.


(credit: AEG)

Billionaire Philip Anschutz Puts Sports, Entertainment Giant AEG Up For Sale

CBS2/KCAL9 has learned that Anschutz Co. owner Philip Anschutz is selling its sports and entertainment subsidiary, AEG.


(Andrew D. Bernstein/NBAE via Getty Images)

Philip Anschutz Says He Would Buy NFL Team To Secure LA Stadium Deal

Billionaire developer Philip Anschutz says he’s willing to buy an NFL team to bring football back to Los Angeles.

CBS2 / KCAL9–04/03/2012


Anschutz’s AEG Agrees To Finance LA Stadium

Billionaire entrepreneur Philip Anshutz has agreed to finance the Los Angeles $1 billion stadium if certain conditions are met, according to Business Journal.