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In 2004, McCourt bought the Los Angeles Dodgers for US$430 million from News Corporation, Rupert Murdoch's flagship enterprise. [18] McCourt's purchase of the Dodgers was financed mostly by debt. In 2004, McCourt's South Boston parking lot property was used as collateral for some of the financing to acquire the Dodgers from NewsCorp.
Los Angeles, [a] often referred to by its initials L.A., is the most populous city in the U.S. state of California.With an estimated 3,820,914 residents within the city limits as of 2023, [8] it is the second-most populous city in the United States, behind only New York City; it is also the commercial, financial and cultural center of Southern California.
Los Angeles County, officially the County of Los Angeles and sometimes abbreviated as LA County, is the most populous county in the United States, with 9,663,345 residents estimated in 2023. Its population is greater than that of 40 individual U.S. states .
The station was designated as a Los Angeles Historic–Cultural Monument No. 101 on August 2, 1972, and placed on the National Register of Historic Places in 1980. [6] The first commuter rail service to Union Station was the short-lived CalTrain that began operating on October 18, 1982, between Los Angeles and Oxnard. The service faced economic ...
In 2014, Johnson led the purchase of WNBA team, Los Angeles Sparks with Guggenheim Partners. [10] The same year, he became part owner of MLS team, Los Angeles FC. [11] In 2023, Magic Johnson Enterprises, along with a group of others, purchased the Washington DC–based NFL team Washington Commanders for $6.05 billion. [12]
Owned and operated by AEG and L.A. Arena Company, the arena is also home to the Los Angeles Clippers, the WNBA's Los Angeles Sparks, and the NHL's Los Angeles Kings. [366] Before moving to Staples Center, for 32 seasons (1967–1999), the Lakers played their home games at The Forum in Inglewood, California , located approximately 10 miles ...
It was renamed Union Bank & Trust Company of Los Angeles in 1918. Harry Volk was recruited from Prudential Insurance Company as the bank's new CEO in 1957 and pioneered the use of the one-bank holding company, [1] among other banking innovations. [2] Volk retired in 1980 after the purchase of the bank by London-based Standard Chartered Bank in ...
The greatest accomplishment of the Los Angeles Art Organ Company during its brief lifespan under that name was the completion of the lavish instrument that was on display in Festival Hall at the 1904 St. Louis World's Fair. The instrument, designed by George Ashdown Audsley, was the largest in the world and contained 10,059 pipes. The organ was ...