Denver billionaire Philip Anschutz has his privately held AEG on the block for $7 billion, sources tell Billboard.biz. The massive sports and entertainment firm has “multiple suitors.” Anschutz Company has retained as financial advisors Blackstone Advisory Partners, which recently managed the auction of the Los Angeles Dodgers, according to the news release.
This could be not only the biggest sports business story but the biggest sports story (in general) of the year.
BeIN Sport has reportedly paid Comcast to be carried to the cable company’s 22 million television subscribers, rather than being paid by Comcast, the way ESPN and Fox are. BeIN Sport also paid well above market rates for the rights to the United States World Cup qualifiers.
Pretty stunning news that beIN is paying Comcast for carriage.