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Speaker 1: Bloomberg Audio Studios, Podcasts, radio news.

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Speaker 2: You thought we were going to get away from politics

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Speaker 2: by talking comedy, but I gotta tell you I have

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Speaker 2: bad news. They go ahead an you couldn't You couldn't

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Speaker 2: be more wrong, because comedy has played a big part

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Speaker 2: in this election, especially in recent weeks, from Tony Henricliffe's

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Speaker 2: floating Island of Garbage comment at Donald Trump's Madison Square

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Speaker 2: Garden rally to Kamala Harris's appearance on Saturday Night Live

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Speaker 2: on Saturday. Not to mention, whoever wins the election, Carol

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Speaker 2: will most likely be Can I say this is the

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Speaker 2: butt of many jokes over the next four years.

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Speaker 1: It's a given, It's a given right and we look

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Speaker 1: forward to what you sign up for, equal right, no

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Speaker 1: political divide on that. We like, appreciate the humor that

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Speaker 1: comes in. Our next guest is a perfect one to

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Speaker 1: wrap up our special edition of Bloomberg Business Week. We've

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Speaker 1: really been focusing on the elections today. Caroline Hirst is

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Speaker 1: the founder of course of Caroline's on Broadway, operated from

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Speaker 1: nineteen eighty one to twenty twenty two. Also founded and

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Speaker 1: produces the annual New York Comedy Festival, which he launch

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Speaker 1: back in two thousand and four, kicks off this week.

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Speaker 1: Includes names such as Jedd Apatow.

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Speaker 2: David l Is going to be there, yeah, britt Miggs.

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Speaker 1: Brittany Brave, Bill Maher, Tracy Morgan, and a lot more.

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Speaker 3: That's quite a line up.

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Speaker 2: It's quite a lot up. And that's just like I

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Speaker 2: was looking at the website. That's like a tiny fraction

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Speaker 2: of who's going to be there. Carolyn Hirsch joins us

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Speaker 2: here in the Bloomberg Interactive Brokers studio. Welcome back, Thank you.

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Speaker 2: It's like a nice tradition to have you in. But

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Speaker 2: one thing that's thinking about this here is that it's

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Speaker 2: you know, election day tomorrow, so.

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Speaker 3: Well we purposely had the festival after the election.

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Speaker 2: Did you really have something?

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Speaker 3: Oh yeah, you can't get in the middle of that

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Speaker 3: makes sense, right, Yeah.

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Speaker 2: Talk a little bit about that though. I mean a

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Speaker 2: lot of the comedians you have that who Caroly and

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Speaker 2: I just mentioned politics front and center for them, and

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Speaker 2: I think a guy like Bill Maher, I mean, he's

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Speaker 2: all over it.

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Speaker 3: Can't wait to see Bill.

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Speaker 2: I think I think he gave a little promo last

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Speaker 2: week on his show about the New York comedy fings

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Speaker 2: did he did.

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Speaker 3: He's been. You know, he's Bill's kind of like a fixture.

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Speaker 3: Last year he took a year off, but you know,

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Speaker 3: he's back again and he's been in the festival for

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Speaker 3: a number of years now and we always usually have it,

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Speaker 3: like actually one year we didn't have. We had it

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Speaker 3: before and I think it was before Donald Trump got

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Speaker 3: into office, and he had some words to say about that.

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Speaker 3: So but you know, Bill's been. I have to say,

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Speaker 3: you know, Bill's been this guy that is really center.

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Speaker 3: He call sings out the way he sees them, and

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Speaker 3: I think he's very honest. I mean, I love watching him,

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Speaker 3: and I think Bill's got a bigger career now than

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Speaker 3: he's ever had.

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Speaker 2: Well, Okay, so that's so interesting to say that, because

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Speaker 2: one thing that's different now that he's doing is this

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Speaker 2: Club Random podcast, which is so different than his normal show. Right,

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Speaker 2: it's a weekly show on HBO is what he's known for,

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Speaker 2: but he has this podcast that he like just sits

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Speaker 2: down with people and does these long interviews. Like seems

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Speaker 2: like everybody's doing this now.

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Speaker 3: I think, Yeah. Listen podcast is is the talk radio

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Speaker 3: of today. So they're very interesting, interesting people. We have

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Speaker 3: lots of podcasts in the festival that kind of like,

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Speaker 3: you know, so how did he get made? You know,

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Speaker 3: which is great, which is a group of people that

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Speaker 3: got together one night at a Paul party and said, hey,

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Speaker 3: how did that ever get made for TV? And they

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Speaker 3: created a pod?

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Speaker 1: People love that. Well wait, so wait, so when you

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Speaker 1: think about what you want to do with the festival

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Speaker 1: and you've been doing for such a long time, and

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Speaker 1: I'm sure there's evolution and there's obviously you know, the

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Speaker 1: iconic comedians you want. I'm sure our new voices tell

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Speaker 1: us how you think about it every year?

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Speaker 3: Well, we we think about it like the day after

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Speaker 3: we like, you know, the middle of this November coming up,

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Speaker 3: we'll think about next year. But it takes about a

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Speaker 3: year to get everybody kind of in line and between

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Speaker 3: the schedules and this and that. So you know, we

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Speaker 3: have close to three hundred shows around New York City

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Speaker 3: with you know, two hundred or more comedians that are around,

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Speaker 3: so you know, we have something for everyone. I mean,

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Speaker 3: you know, we're at the greatest venues of the world,

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Speaker 3: you know, the Beacon Theater, Town Hall, Carnegie Hall, and

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Speaker 3: it's an array of great comedians and we have. We're

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Speaker 3: kicking it off on Thursday night with a tribute to

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Speaker 3: Joan Rivers. This is something her daughter Melissa put together

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Speaker 3: and it's called Dead Funny and it's all star tribute

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Speaker 3: to Joan and it benefits God's love. We deliver And

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Speaker 3: there are plenty of comedians on there like Nicki, Glasier,

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Speaker 3: Mattato Lane, Randy Rainbow, Michelle Batteaux, Rachel Branahan who played

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Speaker 3: Marvelous Missus Mayzell, which is kind of a you know, look,

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Speaker 3: there are two hit shows on TV today. They were

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Speaker 3: The Marvelous Missus Mazell and Hacks and they both kind

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Speaker 3: of centered around the life of Dry Wavers. Right, So

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Speaker 3: here you go, ca.

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Speaker 1: Yeah, which is really good. Well, but it's also a combination.

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Speaker 1: You've got a lot of musician Bruce Springsteen.

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Speaker 3: We have Bruce, but Bruce is part of our big

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Speaker 3: event because why stand up for Heroes love it. It's

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Speaker 3: something that Bruce.

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Speaker 1: I mean, I never questioned Bruce being anywhere, but.

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Speaker 3: He's been on the show for it's our eighteenth year

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Speaker 3: of doing Stand Up for Heroes. He's been on the

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Speaker 3: show for seventeen years. He took one year off when

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Speaker 3: he was doing his Broadway show, and he's been a

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Speaker 3: constant there and he's very involved with that issue and

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Speaker 3: raising these funds. And we have a stellar lineup this

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Speaker 3: year and.

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Speaker 1: It is It is the twentieth annual New York Comedy Festival,

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Speaker 1: and the Stand Up for Here, like.

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Speaker 3: Stand Up for Here is eighteen years, eighteen years, and

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Speaker 3: it's you know, over this time, we've raised over one

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Speaker 3: hundred million dollars the veteran causes. And I just went over.

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Speaker 3: I'm on the board of the Woodard's Foundation. I just

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Speaker 3: went over a number of grants. We get ten million

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Speaker 3: dollars in grants. This year. When there was a hurricane

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Speaker 3: in Tampa, we were there helping out the vents. So

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Speaker 3: we're like action packed, vetted the best way you could

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Speaker 3: possibly be. And this money is well spent with the veterans.

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Speaker 1: I get to say, with veterans, I mean nothing funny

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Speaker 1: about it that, you know, we have individuals in our

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Speaker 1: country who go over and fight and fight for freedom

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Speaker 1: and to protect other countries, to protect Americans and American assets,

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Speaker 1: and come home and then it's like they're forgotten, and

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Speaker 1: it's you know, I'm not going to get political, but

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Speaker 1: it is great to see the efforts that you do

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Speaker 1: and others to help them out.

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Speaker 3: Thank you.

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Speaker 2: You mentioned Bruce Springsteen, but Jim Gaffagan, Nora Jones, Questlove,

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Speaker 2: Jerry Seinfeld, Jon Stewart, Mark Norman, Yeah, Mark NORMANTERI.

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Speaker 3: Yeah, it's a great line up. It's gonna be What

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Speaker 3: are you looking forward to?

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Speaker 1: You said, you said, yeah.

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Speaker 3: I go to you know, get to see Bill. You know,

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Speaker 3: Bill started with me in my first club on eighth Avenue,

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Speaker 3: so we've known each other for years. I always excited

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Speaker 3: to see him, to hear what he has to say.

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Speaker 3: I'm excited for.

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Speaker 1: Like, did you know Bill was going to do well

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Speaker 1: or did you think, like what do you like? What

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Speaker 1: is it when you see somebody or you know this

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Speaker 1: this person's gonna be Bill.

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Speaker 3: Bill had great stand up he did forty years ago, yees,

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Speaker 3: so he was he was great at that and stayed

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Speaker 3: with it and then politically incorrect got him to where

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Speaker 3: he is today. So you know, he just was there

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Speaker 3: tenacity and stayed with it and and and did great.

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Speaker 3: But we have a lot of people that have worked

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Speaker 3: at the club for so many years, like Tracy Morgan, JB. Smooth,

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Speaker 3: Miss pat Is at Town Hall. Also, Adam Ray is

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Speaker 3: playing Doctor Phil at the Beacon Theater. Jibooki Young White

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Speaker 3: is also at the hard Rock. The hard Rock is

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Speaker 3: playing a big part in the festival. We have shows

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Speaker 3: there practically every night at the Hardrock Hotel. It's great

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Speaker 3: venues that that's there. We have a tribute to Gilbert

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Speaker 3: Gottfried that's there, So it's it's kind of taken the

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Speaker 3: place of the Caroline Space and we're doing all of

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Speaker 3: those shows there at the hard Rock.

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Speaker 2: We're gonna talk more about Carolines in just a minute,

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Speaker 2: but I do want to get you to weigh in

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Speaker 2: on the election stuff and just like the way that

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Speaker 2: comedy has played in just over the last week. I mean,

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Speaker 2: if you think about what happened at Madison Square Garden

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Speaker 2: with Tony Hinchcliffe in the way that that comment from

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Speaker 2: him just dominated the news cycle. Now there's some polling

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Speaker 2: that actually indicates that it caused people potential Trump voters

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Speaker 2: to move away from Trump. Did you think we'd be

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Speaker 2: talking about like a comic who's known for roasts, no,

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Speaker 2: in fact, to the president.

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Speaker 3: You know what you call it is like a bad booking,

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Speaker 3: you know, just like a bad booking and it shouldn't

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Speaker 3: have happened. But then again, you hire Tony, you have

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Speaker 3: to know what comes with Tony. It's like, you know,

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Speaker 3: there's no filter, so you really can't You really can't

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Speaker 3: filter a comedian like that, as you know from the

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Speaker 3: Tom Brady roast. I mean, he was really out there,

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Speaker 3: so you have to know, you know, so you know,

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Speaker 3: the person that booked him on the show.

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Speaker 2: Maybe not something you would suggest for a political closing.

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Speaker 3: I would if I was in charge of that, but

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Speaker 3: the comedians never, I would never put him up there.

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Speaker 2: So what type of comedian would you put up?

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Speaker 3: Well, you know we had we had we had Jim

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Speaker 3: Gaffigan that was at the Al Smith dinner. Yeah, and

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Speaker 3: that Yeah, I mean he made points but a little more,

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Speaker 3: you know, and he's tasteful. You know, he's a conservative,

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Speaker 3: but he made points a different way. So there's a

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Speaker 3: way to do it. So you have to know, you know,

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Speaker 3: you have to know how to book it. So Tony

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Speaker 3: was not the right person to be there at that time.

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Speaker 1: So can we assume that the festival, since it'll be

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Speaker 1: after the election, that there'll be a lot of politically

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Speaker 1: there all?

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Speaker 3: Right?

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Speaker 2: Close up on Caroline, are you kidding me with this question.

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Speaker 3: I mean, well, what.

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Speaker 2: Do you make of what I know?

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Speaker 1: I know? All right, So I asked the obvious.

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Speaker 3: I asked the I mean, I watched the late shows

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Speaker 3: at night, and it's not a night that doesn't go by.

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Speaker 3: Between Kimball and Colbert. It just doesn't stop. It's like

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Speaker 3: I have to walk out of the room until the

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Speaker 3: monologues over. It just it doesn't stop. So God knows

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Speaker 3: what the next week is going to be.

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Speaker 1: Well, and then you have what you're coming off a

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Speaker 1: weekend where you know, SNL and Kamala Harris appears in

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Speaker 1: a skit and I know political candidates have done that

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Speaker 1: in the past, but you just think about how important

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Speaker 1: it is in terms of like reaching different photos.

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Speaker 3: Oh absolutely absolutely. I mean that's the way to reach

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Speaker 3: young people.

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Speaker 2: From a comedy. From a comedy perspective, though, Does SNL

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Speaker 2: still carry the weight that it once did?

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Speaker 3: I think we're all talking about it, so I guess

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Speaker 3: it does. Yeah.

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Speaker 2: Really, yeah, interesting, because I wasn't expecting you to say that.

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Speaker 2: I was expecting you to say, Okay, well, you know,

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Speaker 2: maybe podcast, YouTube and you know, these sort of things

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Speaker 2: that get people TikTok, even it does. We talked about

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Speaker 2: with you in the past.

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Speaker 3: But they repurpose everything from SNL goes onto all of

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Speaker 3: those sites the next day, so that's where they connect

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Speaker 3: with young people. They really do. I mean, I think

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Speaker 3: I just read that SNL did a big deal right

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Speaker 3: now with TikTok. There's a lot of stuff from SNL

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Speaker 3: on there, so it gets repurposed and then it gets

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Speaker 3: seen and it gets everybody just talking about it, so

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Speaker 3: that when the news knows that Kamala Harris goes onto that,

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Speaker 3: we all talk about it the next day. So it's

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Speaker 3: a it's a good booking for her.

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Speaker 2: Well go ahead. I was gonna say, what about it

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Speaker 2: being a springboard for young comedians in this day and age.

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Speaker 2: I mean, he used to be on SNL and that's

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Speaker 2: where so many legends got their start. Well, you know, Bill.

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Speaker 3: Murr is coming up and hosting this weekend. Bill Burr

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Speaker 3: started out of Carolines as an opening act, and we

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Speaker 3: were the first people to ever headline him in New

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Speaker 3: York City through the New York Comedy Festival, which is.

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Speaker 1: Pretty didn't I I thought? I also read that Billy

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Speaker 1: Crystal SNL passed on him and then he did you

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Speaker 1: did care and that he liked and then ended up on.

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Speaker 3: That was probably, I believe in nineteen eighty four eighty five,

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Speaker 3: Dick Ebrisol came in Lord Michaels was not producing. Then

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Speaker 3: Dick Eprisol came in and put him on, and then

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Speaker 3: Billy just exploded again. Yeah, it's just kind of interesting.

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Speaker 3: Carolines was like a good luck chure on for a

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Speaker 3: lot of people.

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Speaker 1: So so how do you think about bringing it back

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Speaker 1: in some form?

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Speaker 3: Well, I think we want to bring it back in

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Speaker 3: a bigger way, more of a big event that might happen.

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Speaker 1: Or something or than that.

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Speaker 3: Yeah, she looks guilty.

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Speaker 2: She looks like she's got something cooking. Said here a

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Speaker 2: year ago. You sat here a year ago and said

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Speaker 2: you'll have something for us next time you're here. It

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Speaker 2: so that we're still working on it.

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Speaker 3: It was still working on it.

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Speaker 2: When you say bigger, you mean outside of New York too, maybe.

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Speaker 3: Yeah, I mean, like you know, Caroline's like as the

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Speaker 3: brand taking bigger and just outside of the four Broadway walls,

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Speaker 3: it'll be in other people's walls.

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Speaker 2: One thing that we've we've talked about at Bloomberg Business

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Speaker 2: Week is this idea that Joe Rogan is trying to

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Speaker 2: make Austin happen as a center for comedy like it

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Speaker 2: happened in LA and New York. Do you buy that?

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Speaker 3: I think he's dot a good job of bringing a

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Speaker 3: lot of comedians there. I don't know if it'll be

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Speaker 3: the centerpiece of comedy, but he's bringing you know, the

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Speaker 3: New York the New York comedians, and the LA comedians

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Speaker 3: and the Dave Chappelle's to go in there. But you know,

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Speaker 3: at New York is where it's at. New York is

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Speaker 3: where it's at. New York is bigger than LA for comedy.

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Speaker 1: So how do you think about comedy and like the

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Speaker 1: evolution of it? I mean, I grew up with a dad.

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Speaker 1: I'm trying to think the roasts with like Dean Martin

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Speaker 1: and so like just and they still continue. But does

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Speaker 1: it really change in terms of what makes people laugh?

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Speaker 3: No, I think it's you know, it's it's what makes

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Speaker 3: you laugh? Is is the common thread of the joke

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Speaker 3: because it happened to you, it happened to me, ha

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Speaker 3: ha ha Is that funny? Yeah? So that's really why

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Speaker 3: we all love comedy because it brings us to gather

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Speaker 3: and way to enjoy something. And that's really why it

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Speaker 3: makes you feel good and it's a stress reliever. And

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Speaker 3: you know we talk about loving to laugh. With comedy,

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Speaker 3: you can take some of the bad news. It could

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Speaker 3: be repurposed in another way.

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Speaker 2: Yeah, so you're gonna be laughing on Wednesday.

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Speaker 3: Yeah, I'll be laughing Wednesday.

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Speaker 2: If it's a day that ends. And why we'll be laughing.

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Speaker 3: She real.

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Speaker 1: Indeed, good luck, good luck, good luck at the festival

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Speaker 1: and we want to check it out. Twentieth Annual New

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Speaker 1: York Comedy Festival this November, November ninth, right.

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Speaker 3: Yea, oh no, no, no November. It starts on the

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Speaker 3: eighth through the seventh through the eighteenth. Got it.