The Anschutz Corporation

The Anschutz Corporation
Private
Industry Holding company
Founded 1958 (1958)
Founder Fred Anschutz
Headquarters Denver, Colorado, United States
Owner Philip Anschutz
Subsidiaries Anschutz Entertainment Group
Clarity Media Group
The Oklahoma Publishing Company
Website www.aegworldwide.com

The Anschutz Corporation is an American privately held holding company headquartered in Denver, Colorado, United States.[1] It was started in 1958 by Fred Anschutz, a wildcatter, and the father of Philip Anschutz, who took over 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 firm 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 Weekly Standard, The Oklahoman, The Gazette (of Colorado Springs), and The Washington Examiner.[5]

Coachella Music Festival

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

References

  1. 1 2 3 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. ↑ "Who Is Philip Anschutz, Controversial Owner of Coachella Parent Company?". Billboard. Retrieved 2018-01-04.


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