MLSE, which is 75% owned by Rogers Communications and Bell Canada include properties like the Toronto Maple Leafs of the NHL, the Toronto Raptors of the NBA and Major League Soccer team Toronto FC, as well as multiple sport and residential properties such as Scotiabank Arena, Ricoh Coliseum, and Maple Leaf Square. And while Hansens project lingers in Sodo, the Seattle City Council for now is giving Leiwekes venture the only look. Oak View Group - Overview, News & Competitors | ZoomInfo.com The drama in the music business is crazy. The industry needs somebody, at the end of the day, that will give people a choice. SMG and AEG Facilities, the two largest facility management companies at the time, completed a merger to become ASM Global in 2019, soclearly from a competitive standpoint, Leiweke said, the industry needs another challenger. Thats a good idea. You go to work for him, you know he expects the best.. It was founded in 1995 and is based in London, United Kingdom. We have the theater alliance because I think thats highly important. Learn more by joining our daily demo You're one click away from the most comprehensive, unmatched analyst expertise in tech, in-depth private company data and a platform that brings it all together. 210-402-0288 x 122. I am excited and humbled to join Tim Leiweke, Irving Azoff, and the incredibly talented team at Oak View Group, Granger said. And yet people underestimate our passion for how important that is to the live experience.. No. Its the first time we said, make it about music make the bowl perfect and then well shoehorn in whatever else is important outside the bowl. The surname "Rogers" may not sound familiar, but it's the family of Mary Kay Cosmetics founder Mary Kay Ash. We got rid of anyone that was a scalper or secondary company so they couldnt use the right of first refusal on concerts to tie those tickets up. When Tim was 11 and Tod 8, their mother Helen died from cancer. In partnership with our generous donors, Covenant's 10,000+ employees, physicians, and volunteers are providing the very best care for our patients and their families. We were private. Live. At the end of the day, weve got no chips with anybody out there. Leiweke has the autonomy from OVG co-founder Azoff and bankroller Dolan to think big. Will we keep going at the rate weve been going the last two years? I thought, what if we reuse stuff? Oak View Group CEO on UBS Arena: 'You can't be a global company if you Everyone talks about the promoters, the agents and the managers, he says. Leiweke tells folks he answers to his wife Bernadette, who associates say smoothed his rougher edges. I have a great relationship with Michael Rapino and everybody else at Live Nation. Then we took the front of the building and built an atrium system and a people-moving system to get everyone up and down. We have $2 billion to $3 billion of additional investment coming outside of Vegas and the projects were building in the U.S. Whats your perspective on the Taylor Swift ticketing issue that Live Nation encountered? Certainly in the last 18 months weve all learned the profound importance of togetherness and connection and fellowship, and weve also seen arenas and stadiums and how theyve been used. Well, music happens to be something that relates to everybody. The real opportunity here, at least as I see it, is to use the platform of the venues to really tackle some of the bigger challenges facing society today. As we grow as a company, there are priorities that we have set to guide that growth, Oak View Groups Tim Leiweke said. Founded Date 2015. Oak View Group "benefit" Reviews | Glassdoor Phone Number +1 (310) 954-4800. Everyone tends to forget about that. After years of running business operations for the Detroit Tigers and Red Wings, Chris Granger will remain in the city as CEO of Oak View Group facilities, where he will report to Oak View CEO Tim Lieweke. Contact Email info@oakviewgroup.com. Azoff laughs at how some view the KeyArena renovation as his secret plot to fill it with only concerts. Oak View Group's current Chief Executive Officer, President is Timothy Leiweke. The economics have shifted, but the demand for music, recorded music, hasnt shifted. Leiweke hopes to land an NHL franchise as part of his companys planned $600 million renovation of KeyArena. Ive spent $4 billion. In a perfect world Taylor, Louis Messina and Ticketmaster would go back, take those dates and spread out the on sales. Come learn the business, and what well tell you is that the very same lobbyists youre listening to that wrote that bill that you want to pass theyre the problem. But he declined and told them to call his brother, who got his first sports executive job. No matter who questions his vision, hell keep selling it big with all the conviction he can muster. Im looking at some of the numbers we did for Grupo Firme and Rauw Alejandro. Leiweke envisions KeyArena being sustained initially by about 50 annual concerts through an OVG partnership with LiveNation. OVG employs 5,000 people full-time (including Leiwekes daughter, Francesca Bodie, who is president of business development), with another 35,000 part-time staffers. Ackerley says Leiwekes plan offers those benefits. Bonderman, a minority owner of the Boston Celtics, also likely would partner in any NBA franchise. So, I think building these arenas during this economic crisis is one of the most challenging things Ive ever been through in my career. Oak View Group corporate office is located in 1100 Glendon Ave Ste 2100, Los Angeles, California, 90024, United States and has 1,951 employees. Whatever he says will happen, I like his chances.. But he and Anschutz were quarreling; Anschutz worried that revenue projections werent enough to repay the projects $1.8 billion cost. We had record merchandise sales. Silver and Leiweke met 25 years ago when Leiweke was president of the Denver Nuggets and Silver had just joined the leagues executive ranks. I floated that roof in the air for three years. I have no concern that the building proper wont meet our requirements, Silver says of a KeyArena renovation. Our job is to get along with everybody. The biggest bet weve ever made is our project in Las Vegas. Arenas and venues, if managed and operated correctly, they can make a real positive contribution to the world. How much longer can we look at the live business as this sort of unlimited resource for artists, and whose responsibility is it to foster new arena and stadium acts? The lions share of an acts income comes from live shows. Supporters of a rival Seattle arena project a new facility pitched by entrepreneur Chris Hansen for the citys Sodo District note that Leiweke built Sprint Center in Kansas City, Mo., without delivering promised tenant teams. Meeting that morning with OVG general counsel Christina Song, Leiweke tells her to hire another lawyer to ease her mounting workload. [1] Leiweke is the company's chief executive officer. And three years later, that would be his undoing at AEG. If you are looking for honest and solid advice . Group announces it will build new $3 billion sports, entertainment Its about developing a private-public partnership that works for everybody, which enabled us to get a lot more done there than most anyone else. Breaking News, Podcasts and Analysis Serving People who Organize, Manage and Host Sports Events. Our bookings are very, very strong for next year. I have an investment partner in Silver Lake, and Im very driven to get them a healthy valuation on this asset one day because they put a lot of money into it. Music News Apr 8, 2020 7:35am PT Oak View's Tim Leiweke Talks Post-Coronavirus Safety Standards for Arenas and Stadiums (EXCLUSIVE) By Jem Aswad The first words out of Tim Leiweke 's mouth are. @LaLigaEN and @VisitSaudi have entered into a partnership agreement that will include a wide range of activities including a launch event with the aim of bringing LaLiga closer to Saudi Arabia. A Not-For-Profit, Community-Owned Healthcare System. The tough-talking Azoff has long been nicknamed The Poison Dwarf for his short stature and cutthroat demeanor. Among locals negotiating NBA ownership with OVG are Chris and Ted Ackerley, whose late father, Barry, owned the Sonics from 1983-2001. Everyone in life feels a desire, a passion, a purpose to go test themselves, Leiweke says. We do the food and beverage, parking. Billboard is a part of Penske Media Corporation. Oak View Group is an entertainment and sports facilities company. The arenas OVG has built in the last 18 months include Climate Pledge Arena in Seattle; Acrisure Arena in Palm Springs, Calif.; CFG Bank Arena in Baltimore; and UBS Arena on New Yorks Long Island. "When we're betting $4 billion on these . Before joining Oak View Group, Granger most recently served as group president of sports and entertainment with Ilitch Holdings, where he oversaw business operations for the Detroit Tigers, the Detroit Red Wings and the operations of Little Caesars Arena, Comerica Park and more. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. In Detroit, Granger was group president of sports and entertainment for Ilitch Holdings, where he managed business operations for the two major sport teams as well as the operations at their venues and other area holdings. These Dallas-Fort Worth families rank among the richest in America Tom Naratil, UBS Americas president and co-president of Global Wealth Management, and Oak View Group CEO Tim Leiweke discuss the importance of the New York Islanders Arena venue, both as. Leiweke, 66, says he wishes Anschutz nothing but luck, but he also says he carries a copy of Bensions quote in his backpack and reads it before every presentation he makes. Kraken has link to Denver's Ball Arena through Oak View CEO Tim Leiweke You and Irving Azoff were once rivals and now youre partners. It was originally part of the Washington State Pavilion at the 1962 Worlds Fair. It built some strength in Tim that you see today.. Anyone and everyone that has worked with him knows he is a class act and leads by example. Azoffs offices are one floor below, so the legendary manager of The Eagles frequently drops by. In food and beverage, OVG is taking a hard look at what to serve and how to serve it within a sustainable model. AEG executives, who would only speak anonymously, say Leiweke outtalked his ability to deliver. It was founded in 2003 and is based in Seattle, Washington. oakviewgroup. Oak View Group Scores $100 Million Investment From Silver Lake - Variety Oak View Group Completes Major Acquisition of Spectra - PR Newswire Paid for it. At Oak View Group we are committed to being a positive disruption to the sports, live entertainment, and hospitality business. Leiweke caught the eye of Stern, who urged him to become president of the Denver Nuggets in 1991 and build their arena, the Pepsi Center. Then drop the roof back on. Theres no in-between. Her grandson, Ryan (the company's chief investment officer), and his wife, Maleiah, are . Youve also got Co-op Live opening in Manchester. It was founded in 2000 and is based in Stevenage, United Kingdom. Send us a tip using our anonymous form. On this particular afternoon, in a weekly OVG executive team meeting, Leiweke and his media-division president, onetime Billboard magazine honcho Ray Waddell, are butting heads over an upcoming annual conference hosted by the Pollstar concert magazine. Youll hear about this soon, but we have a lot of world-class partners, brands and entrepreneurs who have come together to build out a 100-acre campus that will be the destination for live entertainment, culture, the arts and hospitality. This is a real chance to reshape the industry and remind the world whats important and how we contribute to making a difference here. CHRIS GRANGER, Sustainability is priority No. Still, hes not beyond nitpicking. On December 7, the NHL's board of governors agreed to consider an application for an expansion team from Seattle, the Seattle Kraken, with an expansion fee set at $650 million. Tim Leiweke, OVGs co-founder and CEO, said the acquisitionand the appointmentwere two separate moves, the former adding a key capability to the company portfolio and the latter bringing aboard a forward thinker to oversee OVG Facilities, OVG Media & Conferences, and the 32-venue OVG Arena Alliance. 2023 Sportico Media, LLC. Breaking News, Podcasts and Analysis Serving People who Organize, Manage and Host Sports Events. Employee Directory. At the time, Oak View Group CEO Tim Lieweke described the move as an attempt to compete with ASM Global, a venue management firm that Lieweke called, the dominant player in the business today. OVG Facilities, launched in 2015, currently has a presence in roughly 40 venues, while Spectra has recently worked with some 320 facilities. OVG bought Pollstar in July, and Leiweke feels some of Waddells conference plans lack grandeur. The Traverse City Horse Shows at Flintfields Horse Park in Traverse City, Michigan, has been named by @USequestrian as the host venue for the 2024 and 2025 FEI North American Youth Championships for the disciplines of dressage and jumping. Partially because in North America, the majority of big arenas are owned or controlled by an NBA or NHL tenant. And forming OVG was Leiwekes way to ensure he was never in that position again. By 1988, Tim Leiweke became a senior vice president and the first employee of the NBAs expansion Minnesota Timberwolves. Chris Granger. (VenuesNow is part of OVG Media & Conferences. [11], Leiweke became President and CEO of MLSE on April 26, 2013. Obviously, we had the first carbon-neutral arena ever in Seattle. Weve got to find a way to get people in and out without it having to be about the Long Island Expressway. In time, Leiweke said, it will become clear if OVG was really smart or really dumb to shun layoffs and furloughs and stay the course with developments like the Moody Center, being developed in Austin as part of a public-private partnership with the University of Texas and Live Nation. We had a lot of fun together, Leiweke says. Its a great music market. He says Leiweke pushed the league to be more adventurous business-wise. Oak View Group CEO, Founder, Key Executive Team, Board of Directors Sportico is a part of Penske Media Corporation. Thats all part of this ecosystem of sharing fees. "I've had a long relationship with Ticketmaster," Oak View Group CEO Tim Leiweke says. Not a penny. Weve had to use third party, not just on our operations but our bids, so anytime were bidding on an account that ultimately requires food and beverage, weve had to go find somebody to bid with. NBA commissioner Adam Silver agrees with Leiwekes low-key public approach to basketball returning, adding that serious discussions cant begin until an arena gets built. Its been speculated that Tod would return to Seattle to run his brothers operation if teams come. But Tod laughs, saying he doubts theyll work together again. oakview management inc. view group llc. The greatest drama I had in my life is when Irving and I were fighting each other because hes formidable. The fees are shared. I dont have to spend as much money on heating or cooling. Leiweke ran the Toronto Maple Leafs, Raptors and Toronto FC for Maple Leaf Sports and Entertainment after his run at AEG ended. Irving, the employees and I own the majority of this company. Everybody answers to somebody. We want to hear from you! Asked how the pandemic has altered the economic landscape for venues and those whove traditionally owned and operated them, Granger said the collection of assets OVG is bringing to the industry is going to directly speak to the challenges facing self-operators, cities and communities. Its expected the NHL will grant Seattle a team if the city council next month approves a Memorandum of Understanding on OVGs remodel. Everything we do, every decision we make, has got to reflect that., His daughter admits: When he says, Hey, were doing this, I shut my mouth and figure out how to do it., Waddell shrugs off the exchange. oak view group llc. Louis Messina is one of my best friends. Getting clients quality coverage at the best possible price is his trademark. Did the arenas or stadiums? Were jumping into Memorial Stadium there because its the right thing to do for the city and the county and the school district. 2. Two years later he became vice president and GM of indoor soccers Kansas City Comets, hiring his brother as director of community relations. Its streaming now, and the economics are different. The only thing that stayed was the roof, and then three of the four sides is the original glass from the 1962 Worlds Fair. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Ticketmaster did nothing wrong on Taylor Swift except for handling the demand, and we all knew that was coming. What are you doing to solve scalping and secondary-market issues? Oak View Group was founded in 2015 and has made a name for itself working on arena projects ranging from Seattles Climate Pledge Arena to Manchesters Co-op Live in the U.K. Get our latest stories in the feed of your favorite networks. ", Amid the sports memorabilia in Tim Leiwekes office, theres a small framed quote with the word Motivation at the top. Were not best of friends, but Id say in our business hes one of the greatest partners I have. Timothy J. Leiweke (born April 21, 1957) is an American sports executive who is the chief executive officer of the Oak View Group. What he cant do, he says, is promise an NBA team not yet available. We have a division called GOAL where we learn how to operate buildings more sustainably each year and rate them annually. What I admire most about Chris is he is a living example of all three. . Both Live Nation and AEG are doing a great job on clubs. Everyone was scared of that marketplace except for Paul Tollett. She worked at Staples Center in middle school and sits opposite Leiweke in meetings, sometimes challenging him. T-Mobile was my last deal at AEG. San Antonio, TX 78216. No Work Life Balance, Management is horrible, Training stinks, Pay is below industry standards, Location, Transportation provided by location, Benefits are horrible with high deductibles, No exit interview, and Company does not care about its employees - treats people like work horses. Seated on the cushion to his left is OVG executive Peter Luukko, who also serves on the NHLs board as executive chairman and acting governor of the Florida Panthers. Everyone thought build a new arena, but that is the greatest waste of our planet new steel, new glass, new everything. The industry needs somebody who will ultimately take a run and not be intimidated by ASM. Also, those supporters note that Leiweke similarly touted a Farmers Field stadium project in Los Angeles to lure back the NFL, but it never was built. the chief executive officer and president of the Seattle Kraken of the National Hockey League, and formerly the chief operating officer of the National Football League between 2015 and 2018. Did Taylor get any money from all of those secondary companies? Oak View Group has hired Detroit Red Wings and Tigers executive Chris Granger to be CEO of its growing global venue management arm, OVG Facilities. Both spent years helping run that team and say Leiweke is best suited to return the NBA because of his relationships and comprehensive business plan. [6] A deal for the privately owned group, reportedly worth up to $10 billion, was expected to be announced sometime in the first half of 2013. Probably not. Oakview Group - Crunchbase Company Profile & Funding Im not going to get the 86 nights of music that Im getting in Seattle, but Irving and I can live with 40 nights of music in Palm Springs. But for all of Leiwekes hockey ties he won a Stanley Cup as president of the Los Angeles Kings in 2011-12 his NBA connections run deeper. Therein lies the opportunity, but therein lies the challenge and it was critical that we find someone with Chris experience and knowledge, reputation and drive and energy to help tackle the challenge, which is, we want to lead, we dont want to follow., Said Granger: Public safety, public health, sustainability, these things matter when youre bringing thousands of people together. OVG Oak View Group, LLC is an American Global Advisory, Development and Investment Company for Sports and Live Entertainment industries. [8] In an interview, Anschutz stated that he had recently become "reengaged" in the business and also suggested the company had failed to receive bids nearing the $8 to $10 billion asking price. Oak View Group's current Chief Executive Officer, President is Timothy Leiweke. With OVGs proposal about to be picked, the competing Seattle Partners pairing of AEG and Hudson Pacific Properties withdrew and accused the City of Seattle of an unfair process. "Tim Leiweke and Azoff MSG Entertainment Join Forces to Launch the Oak View Group (OVG)", "A Conversation With Tim Leiweke - Moving Toward a United State", "Phil Anschutz to Sell L.A.-Based Live-Event Promoter AEG", "Bids for Phil Anschutz' AEG reportedly due Friday", "Anschutz says AEG no longer up for sale", "Philip Anschutz says he decided to 'reengage' in AEG management", "Meet new AEG chief executive Dan Beckerman, longtime finance man", "Anschutz ends AEG sale as offers fall short", "Tim Leiweke tapped to lead Canadian sports conglomerate", "Former MLSE boss Tim Leiweke says Raptors' run is a remarkable story", "Tim Leiweke to leave MLSE by June 30, 2015", "KeyArena MOU approved by Seattle City Council; will NHL announcement soon follow? Leiweke also has 30 years of contacts from executive jobs with four NBA teams. Im very driven by the rate of return that we get on our investment. That was a decision made by my owner, Leiweke says. How do you have the No. Oak View Group - Disrupting Sports & Live Entertainment industries Further, we are seeing facilities lead the way in areas of public health, public safety, and sustainability. The majority of the industry right now is a self-op, and I think thats a huge opportunity and a huge challenge, he said. Learn about the Beaumont leadership team. Leiweke says Farmers Field taught him an important lesson. On November 16, 2015, Leiweke & his business partner, Irving Azoff, founded the Oak View Group (OVG), a Los Angeles-based "global advisory, development and investment company for the sports and live entertainment industries". And after learning from missteps in Kansas City, Mo., and Los Angeles, he. Were not promoters, which means we get along with everyone. 601 Embassy Oaks, Suite 101. Tim Leiweke's Oak View Group announces a new $3B Las Vegas - CNBC And were just getting started. And so that alignment with the people I just mentioned has created a hell of an asset. In 2015, Leiweke partnered with multisector music magnate Irving Azoff to build a company that now manages approximately 500 facilities. No. Scoop Marketing for Oak View Group . The @CFBPlayoff and 2024 title game host @HCHSA have announced a series of fan events leading to the January 8, 2024, championship game at NRG Stadium with activations starting three days before kickoff. At the time, Oak View Group CEO Tim Lieweke described the move as an attempt to compete with ASM Global, a venue management firm that Lieweke. The brick-and-mortars and the fan experience are equally important. Yo-yos. Weve also brought on Christian Navarro from Wallys Wine and Spirits [in Beverly Hills]. Of that billion, roughly $75million was a cash contribution toward that light rail station. But this is going to continue for a while because people have pent-up demand and discretionary income. Thats the nature of many of these projects. Im hoping that cycle has played itself out completely. Motivation is followed by a question: How does ASM differentiate itself from its main competitor, Oak View Group?, The answer comes from Ron Bension, president/CEO of ASM Global, and the most salient part reads: There are other companies that are noisier, but were managing more buildings, with more content from Live Nation and AEG than anywhere else in the world., Oak View Group and ASM are indeed competitors in managing facilities around the globe, and its important to know that ASM is co-owned by sports/live-entertainment company AEG, where Leiweke was CEO until his mutually agreed upon departure in 2013 from the company owned by billionaire Philip Anschutz. [2] Since November 2015, Leiweke has served as the CEO of the Oak View Group, "a global advisory, development and investment company for the sports and live entertainment industries". PALM DESERT, CA (CelebrityAccess) Oak View Group announced the appointment of Steve Fraser as president of the under-development Coachella Valley Arena and its yet to be named AHL expansion team. Were not going to try to sell them on something thats not out there. Oakview Group - Contacts, Employees, Board Members, Advisors & Alumni
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