AEG, the US parent company of live entertainments conglom AEG Live, has bought production company Ken Ehrlich Productions who, among other things, produces the Grammy, Emmy and MTV Movie Award programmes.
While details of the deal are not known, it is thought AEG hope its new acquisition can bring production expertise to its arena business, and especially its new 7250 seat Nokia Theatre which is due to open in LA next year.
Tim Leiweke, president of AEG, said in a statement yesterday: "With less than one year before opening the 7,250-seat Nokia Theater Los Angeles (part of the $2.5 billion LA Live development project), Ken's credibility and experience will give us the ability to not only bring every existing award show and production to the theatre, but the wherewithal to create signature entertainment productions and events that Los Angeles and our industry are desperately in need of".