Latest News

Back to Latest News back


Ogden IFC attracts AEG investment to become AEG Ogden

Ogden IFC attracts AEG investment to become AEG Ogden
December 14, 2007

Los Angeles-based sports and entertainment presenter AEG has acquired an interest in Australian venue operator Ogden IFC, creating a new 50/50 joint venture called AEG Ogden.

The partnership will operate arenas, theatres, stadiums and convention and exhibition centres across Australia and New Zealand as well as the Middle East/North Africa, parts of Asia and the western Pacific.

The new company will be led by Brisbane-based Ogden IFC Chairman and Chief Executive Harvey Lister and Executive Director Rod Pilbeam, who will work with AEG Chief Executive Bob Newman.

Commenting on the new venture, Lister told US entertainment magazine Billboard that the most immediate growth is expected in China, India and the Gulf region of the Middle East, advising "there is a lot of private and government investment there and both companies have strong commercial models that work closely with government entities as well as private sector venue developers."

The joint venture brings to 65 the number of venues affiliated with AEG Ogden, with the join venture one of three consortiums bidding for the Singapore Sports Hub, which includes a 55,000-seat stadium and a 12,000 indoor stadium.

Newman advised that the joint venture creates one of the largest venue and events businesses in the world, stating "the collection of associated facilities will provide a single entity of unmatched strength capable of maximising event activity, sponsorship revenues and the highest levels of guest services as well as providing capital to the advantage of the entire network of venues."

AEG owns or provides services to a collection of facilities such as Staples Center (Los Angeles), Nokia Theatre Times Square, the El Rey Theatre (Hollywood) the WaMu Theatre (Seattle), and three just-opened arenas, Sprint Center (Kansas City), Prudential Center (Newark) and the O2 in London.

Ogden IFC operates 16 venues including Telstra Stadium in Sydney, Newcastle Entertainment Centre and the Brisbane Convention and Exhibition Centre, plus venues in Malaysia, Qatar and India.

These sites generated $188 million (US$156 million) in ticket sales and hosted 7.4 million patrons in the last year, according to the company.

Image shows Rod Pilbeam and Harvey Lister.

Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.


supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

TouchCloud Global

Activating skyscapes for tourism, art, leisure and living TouchCloud Global (TCg) is a highly specialised international consultancy, broker and principal, devoted solely to activating and energising…

read more

Attractions / Consultants / Recreation / Safety / Tourism


Perfect Gym

Perfect Gym Solutions is a software as a service (SaaS) solution purpose-built to service the fitness industry, with over 1000 clients servicing over 2 million gym members across 40 countries making…

read more

Access / Fitness / Marketing / Recreation / Technology



Gladstone Health & Leisure (Gladstone MRM Pty Ltd Australia) is a leading supplier of leisure management and fitness software and is endorsed by leading health and fitness professionals and…

read more

Access / Billing / Fitness / Technology / Venues



Humanforce is a global provider of workforce management solutions for companies who need flexibility to manage complex workforces. Companies use Humanforce to manage everything from time and…

read more

Hospitality / Retail / Technology / Venues



HQH Fitness is an international company that specialises in improving the health, fitness and wellness of people everywhere. We are the South Pacific distributors for Total Gym/GRAVITY Education and…

read more

Fitness / Recreation / Technology / Wellness



Sports Padding At Rae-Line we manufacture high quality sports padding, gym mats, foam mats and protective padding, suitable for a range of different facilities. Our sports padding is…

read more

Attractions / Fitness / Recreation / Safety / Sport



Lander & Rogers' Sports Business Group is the leading sports law practice in Australia, representing over 150 national and international sporting bodies. Our clients include international…

read more




Solarwise NSW / Dolphin Tech were the first and are the largest Dolphin dealer in NSW with a full service facility and full range of spare parts "on the shelf". We also provide on site…

read more

Aquatics / Venues


get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business