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Partnership may buy stake in AEG Live

Published February 29, 2008 at 12:05 a.m.

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Part of Phil Anschutz's concert promoter company AEG Live may be purchased by Ticketmaster and Cablevision, Billboard magazine reported Thursday, citing sources.

Billboard said a partnership of Ticketmaster and Cablevision may buy a 49 percent stake in AEG Live.

AEG Live is part of Anschutz Entertainment Group. It ranks as the second-largest promoter in the world.

None of the companies would comment on the deal to Billboard.