STAPLES Center President Talks 20 Years of L.A. Sports
The iconic STAPLES Center in Los Angeles is celebrating its 20-year anniversary this week.
Founded in 1999, the arena has grown into a world-class facility — on par with New York’s Madison Square Garden and London’s O2 Arena — and is now home to four professional sports teams, including the NBA’s Lakers and Clippers.
Yet opening STAPLES two decades ago in the less-than-thriving downtown City of Angels was a risky bet.
“The success of STAPLES Center was never guaranteed,” said Lee Zeidman, the president of STAPLES Center and L.A. Live, an adjacent entertainment center. “Nobody went downtown. It rolled up its carpet and closed at 5 p.m.”
Today, STAPLES draws enormous crowds to its events, which range from basketball to hockey to the Grammy Awards. In total, the arena has held 5,000 events, welcomed 75 million fans, and sold over 20 million beers.
The arena is also gearing up for a major event in the sports world next week: the NBA’s October 22 opening night matchup between the teams that call it home: the Lakers and the Clippers.
“We will be the center of the NBA universe,” said Zeidman, who was the arena's first full-time employee 20 years ago. “It is one of the most anticipated opening night games in the history of the NBA."
Damali Peterman, founder and CEO of Breakthrough ADR, joins Cheddar News to discuss what Black professionals are up against in the workplace this year.
David Malott, founder and chief architect at AI PlanetWorks joins Cheddar News to discuss the release of its augmented reality NFTs for the metaverse called 'TERA.'
Jess Hunichen and Emily Ward, co-founder of Shine Talent Group join Cheddar News to talk about The BodCon conference and how it empowers men and women to feel confident.
Alia Kemet, vice president of creative and digital at McCormick, joins Cheddar News to discuss Frank's RedHot releasing an edible NFT ahead of the Super Bowl.
Xiaohua Yang, professor of international business and director of the China Business Studies Initiative at the University of San Francisco, joins Cheddar News to talk about the history of Lunar New Year.
After a number of tragic subway incidents, the MTA is facing increased pressure to install subway platform screens to help prevent injury or death. However, according to an earlier report from the MTA, installing these prevented measures isn't feasible. New York City Council Member Keith Powers, joined Cheddar to discuss more.
Across the country, states are working to redraw their congressional lines in what is often known as gerrymandering. These news lines are expected to determine the balance of power between Democrats and Republicans within the next decade. Senior Counsel for the Brennan Center's Democracy Program, Michael Li, joined Cheddar to discuss more.
AT&T announced earlier today it is spinning off its media properties in WarnerMedia in a merger with Discovery in a $43 billion deal.Scott Rostan, founder and CEO at Training The Street, joined Cheddar to talk about what the unwinding of the telecom giant's Time Warner media properties means for investors. "I think the investor sentiment is they're digesting the new information, and they're looking into the dividend, especially the reduction of the dividend," said Rostan, noting the transaction allows AT&T to focus on its core telecommunications business.
A 2021 report from UK Research and Innovation found that the shipping industry makes up at least 2.5 percent of the world's total CO2 emissions. It's a problem that energy solutions company, Leclanché, is trying to solve. Founded in 1909, the company has been developing and producing batteries for more than 100 years. Today, Leclanché's lithium-ion battery is used to electrify not just ships, but also railroad locomotives, trucks, and specialty vehicles. Cheddar News spoke with Pierre Blanc, chief technology and industrial officer of Leclanché, to discuss.