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Volume 22 No. 15

Facilities

Bob Newman, the president of AEG Facilities, said he’s only worked for two companies in his adult professional life: SMG and AEG.

 

Now, Newman is poised to lead the two venue management companies after they announced merger plans last week. The combined company, to be known as ASM Global, will emerge as the largest venue manager in the world.

 

ASM Global will be based in Los Angeles, manage a combined 310 venues, and have approximately 50,000 employees.

 

Newman will serve as president and CEO. His previous time at SMG included a stint as a regional vice president.

 

SMG President and CEO Wes Westley will take a spot on the new company’s board of directors after the merger.

 

“It’s an opportunity to really marry complementary businesses that have complementary strengths, complementary geographies,” Newman said.

 

Financial terms were not disclosed.

 

AEG Facilities manages top arenas that include Barclays Center, the Prudential Center and AmericanAirlines Arena. SMG is the venue manager for stadiums such as the Mercedes-Benz Superdome, U.S. Bank Stadium and Solider Field.

 

All told, Newman said SMG will bring approximately 240 venues to the merger while AEG Facilities brings its 70 managed facilities. AEG and Onex Corp., SMG’s parent company, will each have a 50 percent stake in ASM Global.

 

The deal is slated to be completed later this year.

The 6,600-square-foot board has two primary configurations.
Photo: Comcast Spectacor

Comcast Spectacor and ANC Sports Enterprises will install a new center-hung scoreboard at the Wells Fargo Center in Philadelphia that can expand and fold to create custom-designed LED video displays.

With its concave screens and movable displays, the new board will be the largest in the NBA and second largest in the NHL, according to ANC. “It’s a kinetic scoreboard, the first of its kind,” said Jerry Cifarelli, ANC’s co-founder, president and CEO. The Prudential Center in Newark has the largest board in the NHL. Golden 1 Center and the Sacramento Kings have the largest board in the NBA this season.

The 6,600-square-foot, center-hung 4K board has two primary configurations aimed at being flexible for games, concerts and other events.

At full expansion, sideline screens measure 62 feet wide by 28 feet high. Two end line screens measure 26 feet by 22 feet. Two additional 5-by-67 video display “crowns” can move above or below the main board.

A smaller condensed display shrinks the video displays down to 28 feet by 30 feet. Video boards contract and fold back into a compartments of the scoreboard structure.

“From a fan perspective, it creates unique opportunities for first-of-its-kind in-game presentations, for its lighting and movements,” said Valerie Camillo, president of business operations for the Flyers and Wells Fargo Center.

Tait Towers and Mitsbushi’s Diamond Vision Systems are partnering with Comcast Spectacor and ANC on the project, which will debut next season.