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."
The Northeast will see more snow today than it got all last winter as a major winter storm approaches. The latest forecast, plus promising vaccine and stimulus developments and Tom Cruise has HAD IT with COVID rule-breakers.
CEO Isaac Larian joined Cheddar to discuss MGA Entertainment's push for recyclable toy products and packaging.
A decade after publishing his memoir “Decoded,” Jay-Z is forming a more lasting partnership with the book industry. Roc Nation, the entertainment company founded by Jay-Z, is starting an imprint with Random House called Roc Lit 101.
Jill and Carlo talk vaccine rollout, election results, the IPO market and more.
Dr. Fauci's predictions for herd immunity in the U.S. as the first vaccines roll out and the country crosses 300,000 deaths. Plus: Google pioneers a new office policy, Mariah back at #1 and more.
Thousands of people gathered in the Chilean region of La Araucanía on Monday to witness a solar eclipse, rejoicing in the rare experience even though visibility was limited because of cloudy skies.
Disney is gearing up to roll out a number of movies and show on its streaming service Disneyplus. The news comes as the streaming wars ramp up following HBOMax and Warner's movie deal. Cheddar's Michelle Castillo reports.
Impressive gifts for everyone on your list, at a fraction of the price.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Since the NYC subway's initial design, the system has gone through a number of changes and facelifts making it the vast, efficient, and sometimes intimidating transportation giant it is today.
Load More