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The Anschutz Corporation

From Wikipedia, the free encyclopedia
The Anschutz Corporation
Company typePrivate
Founded1958; 66 years ago (1958)
FounderFred Anschutz
Headquarters,
United States
OwnerPhilip Anschutz
Subsidiaries
Websiteaegworldwide.com

The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States.[1] The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. Philip Anschutz, Fred's eldest son, assumed control of the company in 1962 and diversified it with holdings in the entertainment and hospitality industries.

The Anschutz Exploration Corporation subsidiary has continued the original business of discovering and developing oil and gas wells, with particular focus on projects in Colorado, Utah and Wyoming.[2]

Anschutz Entertainment Group (AEG)

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The company's entertainment industry holdings are mostly controlled by its subsidiary Anschutz Entertainment Group (AEG), a sporting and music entertainment presenter and the world's largest owner of sports teams and sports events. The company is further broken down into several groups including AEG Presents, AEG Sports, AXS.com and the Anschutz Film Group. AEG Presents organizes several large music entertainment festivals including Coachella and Stagecoach,[3][4]

AEG Sports

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AEG Sports owns the LA Galaxy soccer team and the Los Angeles Kings hockey team as well as several other sports teams around the world, and Anschutz Film Group owns Bristol Bay Productions and Walden Media. The Anschutz Corporation also owns Ken Ehrlich Productions and the Clarity Media Group, the parent company of The Gazette, a newspaper in Colorado Springs and Washington Examiner, a conservative news website and weekly magazine.[5]

Xanterra Travel Collection

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The company's hospitality industry holdings are mostly controlled by its subsidiary Xanterra Travel Collection. Xanterra holds the franchise rights to operate resorts inside several major national parks including Death Valley (Oasis at Death Valley), Yellowstone (Old Faithful Inn, Lake Yellowstone Hotel, and several others), and the Grand Canyon (Bright Angel Lodge, El Tovar Hotel, Maswik Lodge and Phantom Ranch). Xanterra also operates the Grand Canyon Railway, Kingsmill Resort, and Windstar Cruises.

The Broadmoor-Sea Island Company

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The Anschutz Corporation also owns The Broadmoor-Sea Island Company which operates The Broadmoor hotel, The Broadmoor Manitou and Pikes Peak Cog Railway and the Sea Island resort.

References

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  1. ^ The Anschutz Corporation, a company history and profile from FundingUniverse.com
  2. ^ "Anschutz Exploration Corporation". Anschutz Exploration Corporation. Retrieved 2021-08-17.
  3. ^ "AEG Live Is Now AEG Presents". Billboard. Retrieved 2019-02-14.
  4. ^ "Who Is Philip Anschutz, Controversial Owner of Coachella Parent Company?". Billboard. Retrieved 2018-01-04.
  5. ^ Avery, Greg (November 30, 2012). "Anschutz buys Colorado Springs Gazette". Denver Business Journal. Retrieved November 30, 2012.
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