AEG is one of the leading sports and entertainment presenters in the world. It owns or operates some of the world's best arenas and theatres, numerous sports franchises including the Los Angeles Kings (NHL) and The David Beckham Academy, and a collection of companies dedicated to producing, promoting and presenting world-class live entertainment.
In May 2005, AEG announced that it had joined forces with O2 to help transform the former Millennium Dome and the surrounding area into the UK's most exciting and technically advanced music, sport and entertainment destination. It was renamed The O2 in June 2007. The centrepiece of the multi-million pound development is an indoor arena for over 20,000 fans that will host over 150 world-class music, entertainment and sport events in its first year of opening. There is also a live music venue, indigO2, with a capacity of over 2,300; a 'bubble' shaped world-class exhibition space that will host the Tutankhamen exhibition from November 2007; an 11 screen state-of-the-art cinema complex; and a vibrant 'Entertainment Avenue' featuring a variety of bars, restaurants, and leisure facilities.
The O2 is an official venue for the 2012 Olympics hosting both the gymnastic and basketball events. In Zone 2 of London's Underground, The O2 is situated at the North Greenwich station on the Jubilee Line, which provides direct access to central London in less than twenty minutes. Thames Clippers, fast-speed catamarans, will run a ferry service from central London to the QEII pier next to the venue. AEG employs more than 3,000 staff in over 45 operating companies worldwide. Its international head office is in Los Angeles, and its European headquarters are based in London.
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