AEG CEO says the company is recession resistant

AEG is an international sports and entertainment company. It owns and operates, or is affiliated with, more than 120 of the world’s biggest venues and entertainment districts, such as the O2 Arena in London, Mercedes-Platz in Berlin, the Barclays Center and PlayStation Theater in New York, and the Staples Center and L.A. Live in Los Angeles. We went out to L.A. Live, a sports and entertainment district that is about a mile and a half away from Marketplace headquarters, to talk to Dan Beckerman, the president and CEO of AEG. While there, he gave us a tour of the Staples Center which is home to Los Angeles basketball teams the Clippers, the Lakers, and the Sparks, as well as the National Hockey League’s Los Angeles Kings.