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Posts Tagged ‘Phil Anschutz’

AEG No Longer for Sale, Leiweke Out

The Anschutz Entertainment Group is no longer for sale and longtime president Tim Leiweke is leaving the company “by mutual decision.”

“From the very beginning of the sales process, we have made it clear to our employees and partners throughout the world that unless the right buyer came forward with a transaction on acceptable terms, we would not sell the company,” Phil Anschutz said in a statement Thursday.

Dan Beckerman was promoted from COO and CFO to president, replacing Leiweke, who had been with AEG since 1996.

“We appreciate the role Tim has played in the development of AEG, and thank him for the many contributions he has made to the Company,” Anschutz added. “We wish him well in his new endeavors.”

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Former MTV Newser Gideon Yago on Michael Jackson: ‘The Things That Bring You Out of Retirement’

MichaelLiz.jpgWe bumped into sometime-cohort Gideon Yago of The IFC Media Project this morning on the 6, where talk quickly turned to yesterday’s tragic passing of Michael Jackson. Amid the Jackson-fueled media barrage, we were struck by the sight of former MTV Newsman Yago back on screen discussing pop stars. Evidently, he was too: “The things that’ll bring you back out of retirement,” he cracked, adding that he was en route to Times Square to do additional spots discussing the Jackson story, following his CNN appearance yesterday with Anderson Cooper in which he recalled interviewing the pop legend who may or may not have been sober at the time (“my initial impression was… this guy is on something”) and pointed out Jackson’s tangled finances (“he was $400 million in debt as of last year” and “five months ago he was uninsurable”). Yago’s got a piece over at the Daily Beast about the cognitive dissonance that arises when celebrity news butts up against international conflict (Iran what?): He regales his account of interviewing Jackson four days prior to 9/11, at an event that had the then-junior reporter grateful he’d “experimented with acid in high school.”) More on that, the identity issues surrounding Jackson that may never be understood (but were notably absent from early posthumous coverage of the star), Jackson’s money men and the video Yago “can’t believe no one’s posted yet,” that somehow ties it all together. Suffice it to say, a lot got covered in four stops…

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Radio Killing the Newspaper Star?

7629_1200318600.jpgDawn Girocco has been hired by the L.A. Times to head the advertising department.

From L.A. Observed: “Those fears within the Tribune about Sam Zell‘s radio-izing of the company look even more justified now. A day after the Los Angeles Times hired a top executive with roots in the Phil Anschutz empire, he hires a new advertising senior VP from FM radio. Pretty sad that being mentioned as one of Los Angeles Magazine’s ill-fated 64 Best Things is written into a bio as a mentionable plus.”

Roderick’s got the memo. We didn’t even finish reading it. It’s our birthday, and we feel no need to make ourselves sad.