Nederlander Concerts Wednesday filed a complaint with the American Arbitration Assn. to enforce a contract making it the exclusive concert promoter for Staples Center and the Forum.
Nederlander’s actions come on the heels of a lawsuit filed Friday by L.A. Arena Co. and Forum Holdings –which owns the two venues. Suit, filed in L.A. Superior Court, alleges that Nederlander owed payments of approximately $500,000. In June, the venues terminated the Nederlander contract, according to the lawsuit. Suit seeks payment of the amount due at termination as well as remaining payments until the contract ends in 2004, an amount estimated at about $2 million.
According to the complaint, Nederlander proposed an exclusive booking and promotion arrangement in 1999 before Staples Center opened. The parties ultimately entered into a four-year contract with a minimum guaranteed payment by Nederlander of $2.4 million a year.
Anschutz owns Staples, Forum
In its statement, Nederlander said of Anschutz Entertainment Group — the holding company for Staples Center and the Forum — “For over two years, we’ve been asking them to work with us and stop using their own concert company to book acts at Staples because it frustrated our ability to perform under the agreement.”
In response, Michael Ross, a spokesman for AEG, said, “We have engaged in dialogues with Nederlander to recover the monies owed to us but despite these efforts, we have not been successful, and we were forced to terminate our agreement. It is untrue that we have had our own concert company book acts for Staples Center.”