Aeg Presents: A Titan in the Live Entertainment Industry
Introduction
Aeg Presents is an entertainment company that produces and promotes concerts, sporting events, and theatrical shows. It is one of the world's largest live entertainment companies, with offices in the United States, the United Kingdom, and Australia.
Aeg Presents was founded in 2008 by Michael Rapino, who had previously been the CEO of Clear Channel Entertainment.
Company Overview
Aeg Presents is a global company with a network of venues and partnerships that allow it to stage events in major cities around the world.
The company promotes a wide range of artists, from established stars to up-and-coming talent.
Aeg Presents also operates a number of festivals, including the Coachella Valley Music and Arts Festival and the New Orleans Jazz & Heritage Festival.
Business Model
Aeg Presents' business model is based on generating revenue through ticket sales, concessions, and sponsorships.
The company also operates a number of ancillary businesses, such as artist management and merchandise sales.
Aeg Presents has been criticized for its high ticket prices, but the company maintains that it sets prices based on the market demand for tickets.
Controversies
Aeg Presents has been involved in a number of controversies over the years.
In 2017, the company was sued by the state of California for allegedly violating antitrust laws.
The company has also been criticized for its handling of the 2017 Manchester Arena bombing, which killed 22 people.
Despite these controversies, Aeg Presents remains a major player in the live entertainment industry.
The company has a strong track record of success and is well-positioned to continue to grow in the future.
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