1 00:00:00,000 --> 00:00:02,080 Speaker 1: A lot of talk this week about the economic arrists, 2 00:00:02,120 --> 00:00:04,080 Speaker 1: business confidence, interest rates, all of that sort of stuff. 3 00:00:04,200 --> 00:00:05,640 Speaker 1: Eden Park might be at the point the end of 4 00:00:05,680 --> 00:00:08,119 Speaker 1: this because revenue has fallen from forty four million bit 5 00:00:08,160 --> 00:00:10,680 Speaker 1: over forty four million to twenty nine almost thirty million, 6 00:00:10,720 --> 00:00:14,120 Speaker 1: so it's gone down significantly. Major event attendance fell from 7 00:00:14,160 --> 00:00:16,200 Speaker 1: eight hundred and eighty one thousand people to five hundred 8 00:00:16,239 --> 00:00:18,640 Speaker 1: and forty. Now these eden Park CEO is Nick Shutaner, 9 00:00:18,640 --> 00:00:20,400 Speaker 1: who is will this Nick, very good morning to you. 10 00:00:21,840 --> 00:00:23,279 Speaker 2: Good morning Mike, and thanks to your time. 11 00:00:23,480 --> 00:00:25,479 Speaker 1: Not at all. What's brought this about is that the 12 00:00:25,560 --> 00:00:28,040 Speaker 1: number of events? Is that the number of people attending 13 00:00:28,120 --> 00:00:29,440 Speaker 1: the number of events. 14 00:00:30,640 --> 00:00:33,559 Speaker 2: Oh, there's been a number of factors, Mike. As you're 15 00:00:33,600 --> 00:00:37,519 Speaker 2: aware that seed funding is critical to attract major events, 16 00:00:37,600 --> 00:00:39,959 Speaker 2: and you've seen over the last three years that eden 17 00:00:40,000 --> 00:00:44,040 Speaker 2: Park to secure the likes of Coldplay, Pink Billy, Joel, etc. 18 00:00:44,680 --> 00:00:47,839 Speaker 2: And then also the fee for Women's World Cup, Rugby 19 00:00:47,880 --> 00:00:52,520 Speaker 2: World Cups and Cricket World Cups. So there's been a 20 00:00:52,720 --> 00:00:56,959 Speaker 2: limited funds available for marklunlimited and also central government. There 21 00:00:56,960 --> 00:00:59,920 Speaker 2: hasn't been enough agility. We've missed out on a number 22 00:00:59,920 --> 00:01:02,440 Speaker 2: of events over the last twelve months. And I'm sitting 23 00:01:02,440 --> 00:01:04,920 Speaker 2: here in India today where a report has been released 24 00:01:04,920 --> 00:01:09,360 Speaker 2: by EUY talking about India's rising concert economy and a 25 00:01:09,400 --> 00:01:14,000 Speaker 2: new era of live entertainment. And it's concerning because we 26 00:01:14,080 --> 00:01:16,640 Speaker 2: want a city where people want to live, stay, playing, work. 27 00:01:16,840 --> 00:01:20,040 Speaker 2: Eden Park went through a five year journey or arguably 28 00:01:20,040 --> 00:01:22,480 Speaker 2: one hundred and twenty five year journey to get concerts 29 00:01:22,480 --> 00:01:24,280 Speaker 2: and now are in a situation where art is to 30 00:01:24,319 --> 00:01:25,440 Speaker 2: bypassing New Zealand. 31 00:01:25,560 --> 00:01:27,479 Speaker 1: Are you losing when you say you're missing events, you're 32 00:01:27,480 --> 00:01:29,720 Speaker 1: missing events because New Zealand and kisn't up to it. 33 00:01:29,840 --> 00:01:32,280 Speaker 1: Or are your missing events to other centers within New Zealand. 34 00:01:34,040 --> 00:01:36,920 Speaker 2: No, it's missing events to the East Coast of Australia. 35 00:01:37,160 --> 00:01:40,840 Speaker 2: It's a competitive market for major events. People know the 36 00:01:40,880 --> 00:01:43,480 Speaker 2: concert economy and what it can deliver, whether it be 37 00:01:43,520 --> 00:01:48,760 Speaker 2: the employment opportunities, the social good, but just the general 38 00:01:49,800 --> 00:01:52,760 Speaker 2: tourism benefits. And we saw it with it was talked 39 00:01:52,760 --> 00:01:56,200 Speaker 2: about in detailed Taylor Swift and missing out. In recent 40 00:01:56,240 --> 00:01:58,720 Speaker 2: times we've seen Lady Gaga and not come to New Zealand. 41 00:01:59,440 --> 00:02:01,800 Speaker 2: What we need to do is have a major events 42 00:02:01,800 --> 00:02:05,200 Speaker 2: strategy for Auckland and New Zealand, along with the stadium 43 00:02:05,200 --> 00:02:08,040 Speaker 2: strategy for Auckland and New Zealands, and let's just get 44 00:02:08,080 --> 00:02:08,560 Speaker 2: on with it. 45 00:02:08,760 --> 00:02:11,120 Speaker 1: Yeah, I agree. Having said that Gargar is not coming, 46 00:02:11,160 --> 00:02:13,640 Speaker 1: I think for the same reason Swift doesn't coming, we 47 00:02:13,720 --> 00:02:16,080 Speaker 1: can't cope with it. Or would you argue differently. 48 00:02:17,320 --> 00:02:19,960 Speaker 2: I'd argue differently. I mean, we've now put ourselves in 49 00:02:20,000 --> 00:02:22,720 Speaker 2: this situation. We've got a proven trek record of delivering 50 00:02:22,760 --> 00:02:27,040 Speaker 2: outstanding concert events. If anyone went to Coldplayer, Luke, Cohines, 51 00:02:27,360 --> 00:02:31,200 Speaker 2: Pink or indeed six sixty, they saw that Eden Park 52 00:02:31,320 --> 00:02:34,200 Speaker 2: is a fit for purpose, multi purpose stadium. When the 53 00:02:34,240 --> 00:02:36,400 Speaker 2: Coral opens, we're going to be seven minutes to town. 54 00:02:36,680 --> 00:02:39,080 Speaker 2: The capacity will get up to seventy thousand with some 55 00:02:39,160 --> 00:02:42,200 Speaker 2: minor modifications. So we are competitive with the East Coast 56 00:02:42,200 --> 00:02:44,359 Speaker 2: of Australia. But the real it is this Coast of 57 00:02:44,360 --> 00:02:47,880 Speaker 2: Australia has seed funding. Yes, there are other factors, and 58 00:02:47,919 --> 00:02:52,280 Speaker 2: I'm not denying that there's freight pass, the appeal of 59 00:02:52,639 --> 00:02:57,120 Speaker 2: playing cities. We've limited flights between say in Melbourne, Sydney 60 00:02:57,280 --> 00:02:59,240 Speaker 2: and Brisbane, but we've got to be in the. 61 00:02:59,200 --> 00:03:02,480 Speaker 1: Game in ten seconds or less. Why are you in India? 62 00:03:04,560 --> 00:03:07,920 Speaker 2: Have an opportunity with the Rajasthan rules to assess the 63 00:03:07,919 --> 00:03:10,920 Speaker 2: feasibility of a new stadium, so it's engaged on an 64 00:03:10,919 --> 00:03:13,680 Speaker 2: advisory program. I've been here four days and it is 65 00:03:13,760 --> 00:03:17,360 Speaker 2: being phenomenal. It just demonstrates the opportunity for New Zealand 66 00:03:17,360 --> 00:03:18,000 Speaker 2: in this market. 67 00:03:18,120 --> 00:03:20,079 Speaker 1: Good stuff, Nick, go well with them. Nick Sautner, who 68 00:03:20,120 --> 00:03:21,639 Speaker 1: is the underhead of Eden Park. 69 00:03:22,080 --> 00:03:25,000 Speaker 2: For more from the Mic Asking Breakfast, listen live to 70 00:03:25,080 --> 00:03:28,160 Speaker 2: news talks. It'd be from six am weekdays, or follow 71 00:03:28,200 --> 00:03:29,720 Speaker 2: the podcast on iHeartRadio.