| Anschutz Entertainment Group |
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As part of the development of The O2, Anschutz also purchased the London river service company Thames Clipper , to provide transport links using the river service to and from Central London and the Dome. The company also owns a number of sports teams, including Los Angeles Galaxy , Houston Dynamo , Los Angeles Kings , Los Angeles Riptide , Manchester Monarchs , five European Hockey franchises, 49% of Hammarby football ( Soccer ) team ( Sweden ), as well as interests in the Los Angeles Lakers and Los Angeles Sparks . The company also purchased the Champions On Ice Figure Skating tour in 2006. 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, STAPLES Center. It is now the second-largest event promoter in the United States . AEG is the world’s largest owner of sports teams and sports events, the owner of the world’s most profitable sports and entertainment venues, and the world’s second largest presenter of live music and entertainment events after Live Nation . In August 2007, AEG announced plans with and Paris Las Vegas resorts. SEE ALSO
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