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AEG Partnering with Seacrest on Cable Channel?

By Eric Richardson
Published: Friday, October 08, 2010, at 01:46PM
AEG Eric Richardson

Downtown-based AEG is set to team up with Ryan Seacrest and CAA on a new cable channel according to reports that started to circulate yesterday.

A Forbes story published this morning cites AEG CEO Tim Leiweke as saying that the new channel would be called AXS and that it would pull content from the company's entertainment venues.

Forbes says that the man behind the project is Charles Hirschhorn, who launched G4 for Comcast. The cable company also owns E! Entertainment, Seacrest's longtime TV home. That connection could go stronger, according to Forbes.

“We have zero interest in competing with E!” the paper quotes Leiweke as saying. “Over the long term, being in business with Ryan will probably bring us closer to Comcast.”

As blogdowntown reported in September of 2009, AEG is planning a broadcast studio facility across the street from its L.A. Live entertainment complex. We speculated at the time that the facility could become the new home of the Comcast Entertainment Group, which is currently located on the Miracle Mile.

The facility, to be located on the Olympic North parcel across Olympic Boulevard from L.A. Live, would contain 269,182 square feet of broadcast studio space and 332,618 square feet of general office space.

The L.A. Live complex is also home to ESPN's 120,000-square-foot west coast broadcast headquarters and a studio facility owned by AEG.

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