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Speaker 1: M Welcome to Strictly Business Varieties weekly podcast featuring conversations

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Speaker 1: with industry leaders about the business of media and entertainment.

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Speaker 1: This is Shirley Halprin, Executive editor of Music, with an

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Speaker 1: episode dedicated to Varieties Music Muggle of the Year Scooter Braun.

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Speaker 1: Scooter Braun is the rare music business insider with a

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Speaker 1: high profile outside of his industry. Since two thousand nine,

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Speaker 1: he's been making headlines alongside the artists he represents, pop

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Speaker 1: stars like Justin Bieber, Ariana Grande, Demi Levado and for

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Speaker 1: a time, Kanye West. Along the way, he's built his company,

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Speaker 1: Ethical Holdings into formidable entertainment powerhouse, with divisions encompassing TV

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Speaker 1: and film projects, a record label, publishing companies, and investments

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Speaker 1: in tech, apparel, social media, and many more future forward ventures.

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Speaker 1: In June, it was announced that Hybe, the South Korean

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Speaker 1: entertainment giant which brought the boy band BTS to the world,

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Speaker 1: was merging with Ithaca to create with Scooter Calls, a

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Speaker 1: worldwide company. Overnight. The deal came in a just over

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Speaker 1: a billion dollars, allowing Scooter entry into an even more

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Speaker 1: exclusive club of self made industry titans. All This came

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Speaker 1: at a challenging time for Scooter and that he was

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Speaker 1: adjusting to life and work during COVID and still weathering

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Speaker 1: the aftershocks of a very public battle with Taylor Swift.

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Speaker 1: Scooter Braun talks about these and many more topics after

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Speaker 1: the break. As the story goes, Scooter Braun was tooling

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Speaker 1: around YouTube one night in two thousand seven when he

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Speaker 1: happened upon a video of a twelve year old kid

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Speaker 1: busking in a Stratford, Ontario street singing a neo song.

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Speaker 1: Scooter was blown away by what he heard. That boy

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Speaker 1: was Justin Bieber, and he since laid claim to having

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Speaker 1: toured the world several times over, amassed the most followers

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Speaker 1: of any musician on Twitter, a hundred thirteen million in counting,

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Speaker 1: and notched platinum plus sales for each of the six

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Speaker 1: studio albums he's released since two thousand ten. Justin is

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Speaker 1: but one of some two dozen clients managed by Scooter's

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Speaker 1: company s B projects, including j Balvin, Carly Class, and

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Speaker 1: Little Dickey, the star of the f X show Dave

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Speaker 1: and Managing Talent represents just a fraction of the business

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Speaker 1: Scooter overseas or invests in in fact, the last few

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Speaker 1: years have been especially fruitful for Scooter, who not only

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Speaker 1: became a father to three, but also closed a trio

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Speaker 1: of highly lucrative deals. The first was in twenty nineteen

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Speaker 1: when he purchased Big Machine Label Group, the Nashville record

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Speaker 1: company that was long time home to Taylor Swift, in

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Speaker 1: addition to country acts such as Florida, Georgia Line and

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Speaker 1: Thomas Rhett. Which should have been a straightforward transaction where

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Speaker 1: Scooters acquiring a company that owns valuable assets like the

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Speaker 1: master recordings of Taylor Swift's first six studio albums, turned

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Speaker 1: into anything but, as the two battled on social media

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Speaker 1: and in the press to try and encapsulate the complexities

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Speaker 1: of music copyrights is challenging enough, but adding to it

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Speaker 1: that he said, she said, opposing narratives involving Kanye West

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Speaker 1: came Kardashian and Justin Bieber, and your head just might explode.

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Speaker 1: So I'm going to spare you, dear listener, and direct

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Speaker 1: you to Google and to Variety dot com for all

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Speaker 1: the details. But at its most basic level, the war

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Speaker 1: of words involved allegations of bullying on both sides. Taylor

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Speaker 1: Swift labeled Scooter a bully for what she perceived was

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Speaker 1: stealing her hard earned I P from under her without

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Speaker 1: reasonable terms for her to buy it back. Scooter denies

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Speaker 1: her version of events leading up to the purchase of

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Speaker 1: her catalog, and also says he was bullied by the

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Speaker 1: thousands of Taylor Swift fans that came after him for

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Speaker 1: wronging their favorite singer, escalating to the point of death

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Speaker 1: threats against Scooter and his family. Taylor Swift has since

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Speaker 1: responded by diligently and very publicly recreating her older albums

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Speaker 1: one by one as re recording restrictions expire. Scooter meanwhile

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Speaker 1: sold the Swift Masters to private equity firm Shamrock Capital

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Speaker 1: in for three hundred million dollars, netting around a hundred

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Speaker 1: sixty million dollars in the deal and divesting himself of

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Speaker 1: some of the drama. Scooter turned forty on June, and

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Speaker 1: now that he's been able to focus and work more

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Speaker 1: on himself, he seems to be at peace with the past.

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Speaker 1: It made me think back till the first time I

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Speaker 1: became aware of Scooter Braun. It was two thousand nine

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Speaker 1: and Justin Bieber was scheduled to make an appearance at

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Speaker 1: a Long Island mall to sign autographs. When ten thousand

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Speaker 1: people showed up, it became an unmanageable near riot situation,

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Speaker 1: and Scooter was arrested for endangering the lives of children

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Speaker 1: by not call off the event swiftly and publicly. This

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Speaker 1: is where our conversation held in his Santa Monica office

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Speaker 1: picks up. So, I was thinking back about the first

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Speaker 1: thing that you and I did together, and it was

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Speaker 1: actually that mall riot in Long Island. That was like

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Speaker 1: the first time I'd heard your name, and like, no

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Speaker 1: criminal record for that, right, No, I got expunged. I

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Speaker 1: was arrested, but it got expunged. It was a refusal

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Speaker 1: to tweet. So, Scooter, thank you so much for being

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Speaker 1: here on strict business. Your family's history is super interesting.

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Speaker 1: Your grandparents were Holocaust survivors. Your dad was ostensibly a

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Speaker 1: refugee um and a self made American success who you know,

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Speaker 1: really provided first generational wealth to his children, as did

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Speaker 1: my mom. My mom was an orthod, honest, and she

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Speaker 1: was a part of that. Got it. And you have

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Speaker 1: two adopted brothers. I have two adopted brothers uh and

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Speaker 1: two biological siblings brother and a sister, and we're all siblings.

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Speaker 1: So tell us a little bit about growing up in Greenwich, Connecticut. Right. Yeah,

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Speaker 1: we grew up in cost Cop, which is a part

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Speaker 1: of Greenwich. Um. The part of town that I grew

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Speaker 1: up in was a very well known, like working class

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Speaker 1: Italian neighborhood. What were your aspirations as a kid. I

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Speaker 1: just wanted to play basketball. Um. I was on the

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Speaker 1: Costcop Crushers football team. Um. I played soccer, I played baseball,

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Speaker 1: played a hundred different sports. My dad was coaching and

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Speaker 1: really into it. And I discovered basketball and no one

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Speaker 1: told me that, you know, I probably wouldn't get the

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Speaker 1: god given abilities to go to the next level. So

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Speaker 1: I used to um watch this guy named Mark Price

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Speaker 1: who played for the Cleveland Cavaliers, and he was quick

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Speaker 1: and he had a jump shot. All I wanted to

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Speaker 1: do was be Mark Prices a little kid. Um was

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Speaker 1: he like a shorter basketball player? It was. It was

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Speaker 1: a six ft one white guy relative, So I just

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Speaker 1: like the way he played. I was a shooting point guard.

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Speaker 1: I'd love to shoot. You know. Johnston was a past

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Speaker 1: first point guard. Mark was a shoot first and my

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Speaker 1: brother was more like Stockton, and I was more like Price.

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Speaker 1: Um but I, UM, yeah, I just loved playing basketball.

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Speaker 1: I love being with my friends. Um. There was a

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Speaker 1: time where I wanted to be in comedy and I

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Speaker 1: used to watch Comedy Central and take notes on that.

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Speaker 1: Um but I just uh, I wanted as a kid.

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Speaker 1: I just as I got older, I just wanted to

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Speaker 1: have a meaningful life. I didn't really know what it

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Speaker 1: was gonna look like. I just wanted to do something special.

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Speaker 1: Tell me about your brother's kids always lived in and

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Speaker 1: out of our house my whole life. We had a

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Speaker 1: Russian family who immigrated to live with us for a

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Speaker 1: couple of months because my dad was a refugee. Uh.

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Speaker 1: He always wanted to keep a room in the house

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Speaker 1: for others, and my mom was the same way. My

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Speaker 1: mom was a very giving person. So you know. We

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Speaker 1: had a kid named Spoon who was from Milwaukee lived

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Speaker 1: with us for I think eleven months. Um. My friend

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Speaker 1: Dale lived us for a little while. Kids were always

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Speaker 1: in and out of our house. Um. And when Sam

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Speaker 1: and Cornelio came along, they were from Mozambique. Um. They

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Speaker 1: had been lied to about why they were coming to

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Speaker 1: the United States. They weren't siblings, but they knew each

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Speaker 1: other Uh and they were living in an abandoned tenement

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Speaker 1: in Philadelphia, UM in a really bad situation, and they

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Speaker 1: would rather return to Mozambique at that point, to a

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Speaker 1: third world country than stay in the United States. UM

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Speaker 1: and UH coach out of Philadelphia, called my dad and

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Speaker 1: knew that my dad ran an au basketball program that

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Speaker 1: didn't get paid off and did right by the kids

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Speaker 1: and got them a good situation. So he said, Hey,

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Speaker 1: I don't have room for these guys, but they're good kids.

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Speaker 1: They can really play, you know. Can you take them

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Speaker 1: for a tournament and help him out? My dad said yes,

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Speaker 1: and we met them and they played with my brother

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Speaker 1: Adam UM and then my dad was gonna help get

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Speaker 1: him into boarding school. He was working on figuring out

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Speaker 1: visas and all kinds of different things. And Cornelio, who

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Speaker 1: couldn't even speak English, UM set and broken. Can we stay?

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Speaker 1: And my dad said yeah, for a couple more weeks

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Speaker 1: while we figure this out. And he goes no forever,

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Speaker 1: and we had one family meeting. My parents had always

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Speaker 1: talked about adopting and U. We voted as a family

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Speaker 1: and they became my siblings, and Uh Sam spoke a

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Speaker 1: little bit better English. Cornelio actually learned English watching b et.

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Speaker 1: He says like he would always he loves jay Z

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Speaker 1: and he used to watch jay Z. And remember he

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Speaker 1: came to me one time and he's like, what is

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Speaker 1: the word watch you? And I'm like, what do you mean?

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Speaker 1: He's like, jay Z says what you And I was like, oh,

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Speaker 1: like what you want to do? And I explained it

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Speaker 1: to him. But it was really interesting because we didn't

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Speaker 1: have trust funds. We weren't those kids were going to

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Speaker 1: public school in a really nice town. My parents provided

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Speaker 1: a really good life for us, a life they never had,

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Speaker 1: um because they both came from from very humble beginnings.

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Speaker 1: And Um I had a little bit guilt in that.

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Speaker 1: But I remember um Cornelio's first day of school at

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Speaker 1: the public high school where we went. He was in

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Speaker 1: like this EESL program because he was learning English, and

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Speaker 1: as they pushed him from room to room, they would

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Speaker 1: give him books and put in his backpack. And then

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Speaker 1: he got on the bus and he was home and

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Speaker 1: he was so scared that first day and we're like,

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Speaker 1: what's wrong with songs? The sam goes where we come from.

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Speaker 1: There's not enough books to go home with them. So

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Speaker 1: he didn't know what to do in each classroom. They

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Speaker 1: would push him to the next classroom, and he didn't

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Speaker 1: know what to put the books back. And he thinks

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Speaker 1: he's going to get in trouble because he took the

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Speaker 1: books home. And when you have that kind of experience,

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Speaker 1: and you know, people always say, what a wonderful thing.

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Speaker 1: You know your family did for these guys, What a

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Speaker 1: wonderful thing they did for us. You know, they came

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Speaker 1: into our lives and they gave us a perspective that

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Speaker 1: we never had before. And you know, um, they changed

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Speaker 1: us forever. You went to Emory University in Georgia and

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Speaker 1: became sort of a fixture on the Atlanta scene, from

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Speaker 1: club promotion to party planning. The hustle was real. Were

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Speaker 1: you seeing a career in the music business at that point?

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Speaker 1: You know what happened was, Um, I didn't like being broke,

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Speaker 1: and when I went to college, my parents were like,

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Speaker 1: you figured out. So I kind of used basketball to

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Speaker 1: get into Emery, but I didn't really have much intention

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Speaker 1: of playing. I had sold fake I d s. First

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Speaker 1: is my friend sold the fake I d S. I

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Speaker 1: was the one who marketed them. Um, and I made

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Speaker 1: some real money with that, and then he broke my

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Speaker 1: rules on how we would get caught. So I stopped

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Speaker 1: doing that immediately and he did get called later. UM

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Speaker 1: and I started being around parties, and my aunt sent

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Speaker 1: me this article about this guy Danny A Danny's Angels

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Speaker 1: in the New York Post, and Danny and I are

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Speaker 1: friends now to this day. And I read about this

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Speaker 1: guy and I was like, Oh, you can really turn

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Speaker 1: this promotion thing into a business. And I started really

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Speaker 1: taking the party thing seriously. And I would make my

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Speaker 1: money on Thursday nights with you know, the college kids

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Speaker 1: and then UM and then on Tuesday nights, I would

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Speaker 1: go out and be like the only white boy in

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Speaker 1: the club. And really kind of learned from this guy

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Speaker 1: Alex get A Wand who was an Ethiopian immigrant who

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Speaker 1: started as a parking lot of tenant who became the

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Speaker 1: biggest club owner in Atlanta. UM And at the time

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Speaker 1: he was a promoter and he was just so fascinated

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Speaker 1: to see a white boy in the line. UM. And

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Speaker 1: I was brought there by this actor Jason Weaver, a

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Speaker 1: lot of kind of storytelling, who met me one of

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Speaker 1: my parties and goes, you want to see how the

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Speaker 1: other side live and at the time Atlanta was very segregated.

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Speaker 1: But I came from a background where I was very

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Speaker 1: comfortable in different environments, whether the black, white Latin like

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Speaker 1: my best friends Colombians, you know, growing up. So for me,

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Speaker 1: it was yeah, sure whatever, let's go. Um. And then

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Speaker 1: I read the book The Operator, which is still in

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Speaker 1: my office to this day, and uh, while David Geffen

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Speaker 1: hates the book and inspired me because it showed me

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Speaker 1: someone who like me, who was flawed, who wasn't the

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Speaker 1: biggest or the strongest or necessarily the smartest, but someone

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Speaker 1: who could do the work. And I remember getting to

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Speaker 1: this page where David's discussing everyone wanted to sign John

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Speaker 1: Lennon's solo career and I'm sitting there, going go to Yoko, know,

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Speaker 1: go to Yogono. And I turned the page and it

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Speaker 1: says he went to Yokono and he signed there, and

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Speaker 1: I said, I can do this, and um. That was

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Speaker 1: my path into music. And very shortly after I started

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Speaker 1: working with Shakazoo and ludicrous On there come up. And

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Speaker 1: then Japaneu pre came to one of my parties and said,

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Speaker 1: you got more potential, and maybe the marketing manager of

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Speaker 1: socioph and then a VP and I was twenty years

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Speaker 1: old and I dropped out, And on one side, I

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Speaker 1: was this college kid. On the other side on this marketing,

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Speaker 1: you know, whiz kid for Jermaine dupri And on the

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Speaker 1: other side, I'm a street party promoter with a gun

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Speaker 1: on my ankle and a gun by my bedside because

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Speaker 1: I'm a cash party promoter and at the time of

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Speaker 1: very serious, dangerous city. I do feel like you had

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Speaker 1: a bit of a leg up by being from Atlanta,

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Speaker 1: or from having spent your college years in Atlanta till

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Speaker 1: I was thirty. I spent my entire twelve my entire

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Speaker 1: adult life until I was thirty years old was in Atlanta, Georgia. Yeah,

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Speaker 1: well it was like a kind of a prescient move

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Speaker 1: I feel like, because Atlanta is the capital of hip

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Speaker 1: hop up right now, and you're artists. Even though they

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Speaker 1: lean more pop, they have those R and B tones

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Speaker 1: that like, you know, you're not getting shipped for because

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Speaker 1: it feels authentic. And I feel like it's because you

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Speaker 1: came up through Atlanta and you know what that that

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Speaker 1: music really is. Um No, I just I think Atlanta special.

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Speaker 1: Jermaine always says like that training in Atlanta. It's just

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Speaker 1: so different than being out here or being in New York. Like,

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Speaker 1: it's just a different thing when you're in Atlanta. And

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Speaker 1: that's why so many great exects is so much great

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Speaker 1: music comes out of that city. It just has a

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Speaker 1: culture to it that's uniquely its own. And I will

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Speaker 1: always be grateful to that city, that city. That city

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Speaker 1: took me from being a boy, made me a man,

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Speaker 1: all right. So towards the end of your time in Atlanta,

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Speaker 1: it was two thousand nine, it was sort of like

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Speaker 1: a make or break year for you. You had an

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Speaker 1: artist that was bubbling under as rof I Love College.

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Speaker 1: Um it wasn't bubbling under that was number one on iTunes,

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Speaker 1: but where can ask? We were bubbling with our mix

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Speaker 1: tape the Greenhouse Effect. That's what I think really got

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Speaker 1: all the attention. And then you discovered this kid on

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Speaker 1: YouTube busking on a Stratford, Ontario street named Justin Bieber.

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Speaker 1: And at the same time you almost went out of business.

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Speaker 1: I had enough money for thirteen months before I went broke,

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Speaker 1: and I was like, I'm not throwing any more parties,

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Speaker 1: Let's go. And everyone thought I was killing it, But

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Speaker 1: you know to build this rep. I was kind of

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Speaker 1: faking it till I made it. I found Asher and

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Speaker 1: I found Justin, and I put Asher and his boys

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Speaker 1: in the house we called the greenhouse around the corner

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Speaker 1: for me, which is a piece of crap, and I

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Speaker 1: put Justin and his mom with Aaron Ren's furniture that

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Speaker 1: I paid for in a townhouse literally around the corner.

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Speaker 1: Asher would babysit Justin. We got to eleven months and

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Speaker 1: Asher was buzzing with you know, the mixtape, and Justin

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Speaker 1: I was developing, but we weren't there yet. We're building

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Speaker 1: up his YouTube and um, I was like, I'm gonna

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Speaker 1: go broke. This is gonna be done. I got nothing

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Speaker 1: and my dad called the chicken um, and I didn't

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Speaker 1: taking money from them souse. I was eighteen. So suddenly,

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Speaker 1: you know, he's talking to me, and I just remember

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Speaker 1: breaking down, saying, man, I'm a failure, and he kind

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Speaker 1: of listened, and I just I couldn't believe it all

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Speaker 1: poured out of me. And he said, look, you haven't

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Speaker 1: listened to us in a very long time, and you've

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Speaker 1: come this far, you might as well see it through.

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Speaker 1: You said, you've got two more months who knows. And

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Speaker 1: the next day Asher walked in my apartment and said,

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Speaker 1: I got someone to play you, and he played me

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Speaker 1: half of the hook of I Love College and I

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Speaker 1: because I was a big college party motor, I knew

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Speaker 1: what to do. We got the you know, the old

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Speaker 1: college team from you know, Animal House, and like, we

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Speaker 1: created this whole campaign. We had no money, so I'm

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Speaker 1: like doing it on the fly with like friends and

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Speaker 1: the song just explodes. We go down to south By

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Speaker 1: Southwest and when I'm like, yeah, we gotta we gotta

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Speaker 1: get this publishing deal because it could save the company,

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Speaker 1: and um, I put Sony Publishing at one restaurant and

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Speaker 1: I had a meeting with her, but I booked the

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Speaker 1: universal deal next door and they were like, well, where

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Speaker 1: are you going next? And I literally made sure they

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Speaker 1: saw each other on purpose, and we drove what was

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Speaker 1: going to be a two or fifty deal up to

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Speaker 1: a million dollar deal with a bidding war within three days,

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Speaker 1: and the commission of that save the company. And That's

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Speaker 1: why always say success and failure live next door to

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Speaker 1: each other. That's why I have such a hard time

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Speaker 1: letting go of things, because it's just that little bit

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Speaker 1: more than no one else believes that no one else

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Speaker 1: sees and something special can happen. That's like a real

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Speaker 1: faith in the universe kind of thing. I'm learning now

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Speaker 1: at this age to give a little more trust in

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Speaker 1: the universe and let it do some of the work.

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Speaker 1: Back then, I thought I had to force every issue. Um,

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Speaker 1: we just signed the kid le Roy and when we

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Speaker 1: met with his lawyer, Robert, turns out that the lawyer

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Speaker 1: who did that paperwork for that deal is Robert And

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Speaker 1: it was a complete full circle moment. All these years later,

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Speaker 1: we're doing this deal and Uh, this guy had no

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Speaker 1: idea the role he played in changing my life. Well,

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00:17:54,119 --> 00:17:57,200
Speaker 1: you said you have trouble letting go, but you don't

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Speaker 1: have trouble having very long term relationship ships with your clients.

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Speaker 1: Talking about Justin and two thousand nine, Ariana Grande, Tori Kelly,

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Speaker 1: Carly Ray Jepson. These are all artists you've been with

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Speaker 1: for the better part of a decade. What is the

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Speaker 1: key to sustaining long term relationships with talent, have a

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Speaker 1: real relationship. You know, the key is caring. There's that

347
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Speaker 1: line in Batman. I think it's like, if you do

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Speaker 1: it right long enough, even you become the villain. And

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Speaker 1: there are people who don't understand me. There are people

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Speaker 1: who say what they want to say, But I'm proud

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Speaker 1: of None of those people know me, or have spent

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Speaker 1: any kind of quality time with me, or have met

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Speaker 1: me more than three or four times. The people that

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Speaker 1: I know, the people that I've spent time with, I

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Speaker 1: care about them. I'm out of relationships with them for

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Speaker 1: the rest of my life. And those relationships are allowed

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Speaker 1: to change, you know, an altar, and go from being

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Speaker 1: this role in their life to that role in their life,

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Speaker 1: and go in different places. And I think that's how

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Speaker 1: I've been able to maintain and not only relationships with

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Speaker 1: the artists, but with executives in this company. People are

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Speaker 1: allowed to grow and evolve, and if you stay stagnant,

363
00:19:00,880 --> 00:19:03,560
Speaker 1: even if you care deeply about them, things can change

364
00:19:03,560 --> 00:19:04,920
Speaker 1: and you can grow. But if you can you can

365
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Speaker 1: involve the relationship, you have an opportunity to keep some

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00:19:07,960 --> 00:19:11,600
Speaker 1: special people in your life. Recently, you closed a huge

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Speaker 1: deal with Hybe, South Korean entertainment giant, during which you

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Speaker 1: allotted fifty million dollars in stock to be gifted to

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Speaker 1: your artists and long time employees and friends. Do people

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Speaker 1: who helped me along the way tell me about why

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Speaker 1: you did that. The people who know me will understand this.

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Speaker 1: I don't care a lot about money. I think money

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Speaker 1: is an avenue to freedom. I don't think it gives

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Speaker 1: you happiness. I think you can allow you more opportunities

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Speaker 1: for happiness. But I also believe with the foundation of

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Speaker 1: the things that I've set up long term, I believe

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Speaker 1: at this point, I don't think I'm gonna ever have

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Speaker 1: to worry about money, and I don't think I've had

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Speaker 1: to worry about that for a long time because of

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Speaker 1: certain blessings and things that have happened in my life,

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Speaker 1: both within this industry and things that I've done outside

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Speaker 1: of this industry, and foo this next statement will be

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Speaker 1: slightly controversial. When I did the Big Machine deal, it

384
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Speaker 1: was a very good deal. I was able to recognize

385
00:20:06,440 --> 00:20:10,200
Speaker 1: that masters were heavily undervalued, that Big Machine had an

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00:20:10,200 --> 00:20:14,200
Speaker 1: incredible catalog of many many artists, and I was able

387
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Speaker 1: to get into value where I even told Scott word Shadow,

388
00:20:16,320 --> 00:20:19,080
Speaker 1: you should take stock because I don't want you resenting me,

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Speaker 1: you know, because this, I think this is gonna be

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00:20:20,720 --> 00:20:22,320
Speaker 1: worth a lot more in the future, which it's it's

391
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Speaker 1: shown to be. I wanted to work with every single

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Speaker 1: person involved in that company and every single person associated

393
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Speaker 1: to that company. I was actually very excited to do so.

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Speaker 1: Certain things happened afterwards that I was not expecting. Obviously,

395
00:20:36,560 --> 00:20:38,240
Speaker 1: people can say whatever, but I wasn't able to give

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00:20:38,240 --> 00:20:40,800
Speaker 1: an opportunity to actually ever get to know people were

397
00:20:40,880 --> 00:20:43,679
Speaker 1: upset by the deal. I thought everybody was going to

398
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Speaker 1: be happy, you know. I thought that everyone in the deal,

399
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Speaker 1: for what I was being told, was going to feel

400
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Speaker 1: like a winner. I regret, and it makes me sad

401
00:20:51,960 --> 00:20:54,919
Speaker 1: that Taylor had that reaction to the deal. I thought

402
00:20:54,960 --> 00:20:57,640
Speaker 1: even she would be happy because at the time her

403
00:20:57,720 --> 00:20:59,880
Speaker 1: dad made a tremendous amount of money in the deal.

404
00:21:00,240 --> 00:21:02,159
Speaker 1: He was one of the shareholders of Big Machine and

405
00:21:02,200 --> 00:21:04,800
Speaker 1: made millions and millions of dollars as part of the transaction.

406
00:21:04,960 --> 00:21:07,080
Speaker 1: I was told that everyone was going to be all good,

407
00:21:07,320 --> 00:21:09,879
Speaker 1: and then the deal happened and that wasn't the case.

408
00:21:10,480 --> 00:21:13,320
Speaker 1: And I learned an important lesson in that that this

409
00:21:13,359 --> 00:21:15,200
Speaker 1: time around, when I did the Hive deal, I was

410
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Speaker 1: going to make sure that all parties were happy. I

411
00:21:17,359 --> 00:21:21,560
Speaker 1: wasn't going to assume that I knew best that you

412
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Speaker 1: know this is gonna work, because that was my mistake.

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Speaker 1: Now do I think I deserve what happened or anyone does. No,

414
00:21:26,880 --> 00:21:29,639
Speaker 1: I don't think anyone deserves to be attacked publicly. My

415
00:21:29,720 --> 00:21:32,119
Speaker 1: personal opinion, if you don't know someone, pick up the phone,

416
00:21:32,480 --> 00:21:34,800
Speaker 1: have a conversation. And that's why I haven't talked about

417
00:21:34,800 --> 00:21:37,359
Speaker 1: that a lot. The only time I actually did speak

418
00:21:37,400 --> 00:21:39,719
Speaker 1: about it is when my my wife and kids were

419
00:21:39,720 --> 00:21:41,680
Speaker 1: being attacked to a point where it was very damaging,

420
00:21:42,480 --> 00:21:45,800
Speaker 1: um and scary. But I wish everyone in that scenario

421
00:21:45,840 --> 00:21:48,560
Speaker 1: is still the best. And you know you're not gonna

422
00:21:48,560 --> 00:21:51,560
Speaker 1: make everyone happy in life. But I learned going into

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Speaker 1: the Hive Deal that this time around, I'm gonna make

424
00:21:53,840 --> 00:21:56,919
Speaker 1: sure everyone feels good. And the artist I worked with

425
00:21:56,960 --> 00:22:00,960
Speaker 1: weren't entitled to cash or stock. My employees that didn't

426
00:22:00,960 --> 00:22:04,000
Speaker 1: have equity weren't entitled to cash in stock. My friends

427
00:22:04,000 --> 00:22:05,320
Speaker 1: who helped me along the way to weren't a title

428
00:22:05,359 --> 00:22:07,439
Speaker 1: to cash in stock. But I knew that I was

429
00:22:07,480 --> 00:22:09,520
Speaker 1: going to do very well in the deal. I'll continue

430
00:22:09,560 --> 00:22:12,720
Speaker 1: to do well. I'll always do well, And this time around,

431
00:22:12,760 --> 00:22:15,360
Speaker 1: I wanted everyone to know I took care of them

432
00:22:15,600 --> 00:22:18,040
Speaker 1: and felt good about what was happening, so I thought

433
00:22:18,080 --> 00:22:21,600
Speaker 1: a lot about it because of what happened before. You know,

434
00:22:21,680 --> 00:22:25,200
Speaker 1: we learned from our past, and I felt really good,

435
00:22:25,359 --> 00:22:27,320
Speaker 1: and I felt really good that my partner encouraged it.

436
00:22:28,000 --> 00:22:30,240
Speaker 1: When I talked to Bang about it and I said,

437
00:22:30,240 --> 00:22:33,399
Speaker 1: I'm going to give fifty million of my stock away,

438
00:22:33,560 --> 00:22:35,640
Speaker 1: he said, you know, I did something similar with BTS

439
00:22:35,680 --> 00:22:37,920
Speaker 1: when I took the company public, and it was nice

440
00:22:37,920 --> 00:22:40,679
Speaker 1: to be able to call artists and friends and them

441
00:22:40,760 --> 00:22:44,960
Speaker 1: say well, what's what I gotta do, and I'm literally nothing,

442
00:22:45,440 --> 00:22:47,600
Speaker 1: You've already done it. You've been here for me. We're

443
00:22:47,640 --> 00:22:49,320
Speaker 1: going to continue to be there for each other. And

444
00:22:49,359 --> 00:22:52,160
Speaker 1: now you know that everything I do over here, you're

445
00:22:52,160 --> 00:22:56,560
Speaker 1: participating it. And um, I hope it encourages other executives.

446
00:22:56,760 --> 00:22:58,840
Speaker 1: You know, there's a lot of companies going public now,

447
00:22:58,880 --> 00:23:01,159
Speaker 1: there's a lot of companies being old now, and I

448
00:23:01,200 --> 00:23:03,480
Speaker 1: hope it encourages other executives to make sure they take

449
00:23:03,480 --> 00:23:06,520
Speaker 1: care of their people. Just because you're not obligated to

450
00:23:06,600 --> 00:23:09,440
Speaker 1: doesn't mean you shouldn't. It was a gift, it was

451
00:23:09,440 --> 00:23:11,840
Speaker 1: the right thing to do. Well. Tell us more about

452
00:23:11,840 --> 00:23:15,840
Speaker 1: the relationship with Hybe and how do you envision Ithaca,

453
00:23:16,040 --> 00:23:19,080
Speaker 1: which is the holding company of SPP. How do you

454
00:23:19,160 --> 00:23:24,480
Speaker 1: see the two companies working together? Um? Very well, I

455
00:23:24,560 --> 00:23:26,840
Speaker 1: just got back from creating myself a couple weeks ago. Look,

456
00:23:26,840 --> 00:23:29,680
Speaker 1: they're building an amazing gaming unit. Um, there's a tremendous

457
00:23:29,680 --> 00:23:33,080
Speaker 1: amount of synergies. They're in the East where in the West.

458
00:23:33,680 --> 00:23:36,240
Speaker 1: Coming together makes us a global company. That One of

459
00:23:36,240 --> 00:23:38,640
Speaker 1: the things I really liked about Bang is that, like us,

460
00:23:39,040 --> 00:23:43,000
Speaker 1: he allows creativity to take its lead. So, you know,

461
00:23:43,080 --> 00:23:44,719
Speaker 1: I asked him, I was like, do you expect our

462
00:23:44,800 --> 00:23:46,800
Speaker 1: artists to collaborate with your artists? And he goes if

463
00:23:46,800 --> 00:23:49,840
Speaker 1: they want to, you know, and because he's a producer,

464
00:23:49,880 --> 00:23:53,399
Speaker 1: he's a creative himself. So I think it. You know,

465
00:23:53,480 --> 00:23:55,400
Speaker 1: we were in a position where we've created a lot

466
00:23:55,440 --> 00:23:58,000
Speaker 1: of leverage for all of our artists. We have a

467
00:23:58,040 --> 00:24:00,280
Speaker 1: lot of visibility on the worldwide market. Now, we have

468
00:24:00,280 --> 00:24:02,679
Speaker 1: a lot of visibility on understanding all of the deals

469
00:24:02,720 --> 00:24:04,760
Speaker 1: that are in the marketplace, and I think we have

470
00:24:04,800 --> 00:24:06,720
Speaker 1: a very unique opportunity. I mean, looking at the chart

471
00:24:06,760 --> 00:24:09,560
Speaker 1: this week, I was like, oh, like one, five and six.

472
00:24:10,320 --> 00:24:12,280
Speaker 1: Like you know, and in my career I've had multiple

473
00:24:12,280 --> 00:24:13,720
Speaker 1: times where it's been like a lot of that between

474
00:24:13,720 --> 00:24:17,560
Speaker 1: the artists, but you know, getting to see the high

475
00:24:17,680 --> 00:24:20,119
Speaker 1: artists coming in and the timing of it. And I

476
00:24:20,160 --> 00:24:22,639
Speaker 1: got to sit and meet BTS, biggest group in the world,

477
00:24:22,640 --> 00:24:25,480
Speaker 1: and could not be more humble. Great guys, I mean,

478
00:24:25,520 --> 00:24:27,920
Speaker 1: I really enjoyed my time with them. In the conversation,

479
00:24:27,960 --> 00:24:30,560
Speaker 1: it was great. We've we talked about this about how

480
00:24:30,600 --> 00:24:32,639
Speaker 1: many companies have failed to bring East and West together,

481
00:24:33,760 --> 00:24:36,880
Speaker 1: and I think the difference is this time just being

482
00:24:37,040 --> 00:24:39,199
Speaker 1: honest with you. I think a lot of American arrogance

483
00:24:39,200 --> 00:24:41,840
Speaker 1: has been the reason why we failed in the past.

484
00:24:42,280 --> 00:24:43,879
Speaker 1: Like that we know best and this is the way

485
00:24:43,920 --> 00:24:46,280
Speaker 1: it should be. And I told my whole team this

486
00:24:46,320 --> 00:24:49,879
Speaker 1: is about relationship and humbling ourselves to the fact that

487
00:24:49,920 --> 00:24:52,159
Speaker 1: we are all partners and it's not going to be

488
00:24:52,160 --> 00:24:54,280
Speaker 1: about ego. It's about what's right and what's the best

489
00:24:54,280 --> 00:24:56,879
Speaker 1: thing and what can we build together long term. And

490
00:24:57,119 --> 00:24:59,960
Speaker 1: I have a tremendous amount of respect for my new partner.

491
00:25:00,840 --> 00:25:02,840
Speaker 1: I know they have it for me. I know they

492
00:25:02,840 --> 00:25:04,760
Speaker 1: have it for our artists just in the way they've

493
00:25:04,880 --> 00:25:07,879
Speaker 1: responded to certain things already. And it's me it's business

494
00:25:07,920 --> 00:25:11,120
Speaker 1: as usual, but with just more firepower. You mentioned kidle Roy,

495
00:25:11,280 --> 00:25:14,360
Speaker 1: who's the most recent signing to SPP. So he's a

496
00:25:14,400 --> 00:25:19,160
Speaker 1: seventeen year old, real talent from Australia. Huge song right now,

497
00:25:19,200 --> 00:25:21,280
Speaker 1: without you tell me what you see in him. I

498
00:25:21,320 --> 00:25:25,000
Speaker 1: think he's incredible. When the world finds out his true

499
00:25:25,000 --> 00:25:27,840
Speaker 1: story and what he's been through, it's pretty remarkable. I

500
00:25:27,880 --> 00:25:31,080
Speaker 1: think he's wise way beyond his years. He's seen a

501
00:25:31,080 --> 00:25:32,800
Speaker 1: lot of things in a very short amount of time

502
00:25:33,320 --> 00:25:35,480
Speaker 1: and had to respond to those things. I think he's

503
00:25:35,520 --> 00:25:39,240
Speaker 1: a brilliant songwriter and producer. Justin recognized his talent pretty

504
00:25:39,240 --> 00:25:42,440
Speaker 1: early and they have some cool stuff cooking. But um,

505
00:25:42,480 --> 00:25:45,399
Speaker 1: I just think he has it, you know, Ariana has it.

506
00:25:45,480 --> 00:25:47,440
Speaker 1: Justin has it like I mean, all these artists I

507
00:25:47,440 --> 00:25:49,200
Speaker 1: get to work with Baldin like they have it. Right.

508
00:25:49,920 --> 00:25:52,359
Speaker 1: When you want to be a superstar, there's only so

509
00:25:52,400 --> 00:25:54,280
Speaker 1: many Mike's in the room and there's a lot of

510
00:25:54,280 --> 00:25:55,840
Speaker 1: talent around. You've gotta be one of those people. You

511
00:25:55,880 --> 00:25:58,639
Speaker 1: don't care you're grabbing that mic. First meeting, I was like, Wow,

512
00:25:58,760 --> 00:26:01,040
Speaker 1: he's grabbing that mic and he has a real vision.

513
00:26:01,520 --> 00:26:03,399
Speaker 1: And I think we're in a unique place where the

514
00:26:03,400 --> 00:26:06,240
Speaker 1: managers we are today is actually better suited for him

515
00:26:06,320 --> 00:26:08,359
Speaker 1: than the managers we were ten years ago because he

516
00:26:08,359 --> 00:26:10,520
Speaker 1: has such a vision and we're able to we have

517
00:26:10,560 --> 00:26:12,280
Speaker 1: a lot of team and really great people to help

518
00:26:12,359 --> 00:26:15,600
Speaker 1: him execute it. But I think he's really special. Are

519
00:26:15,640 --> 00:26:19,679
Speaker 1: you finding that the music business is attracting young executive talent?

520
00:26:20,080 --> 00:26:23,520
Speaker 1: The music business will always attract young executive talent. You know,

521
00:26:23,880 --> 00:26:25,560
Speaker 1: there's gonna be more and more people that are like,

522
00:26:25,760 --> 00:26:27,479
Speaker 1: wait a second, I can make more money in crypto.

523
00:26:28,119 --> 00:26:29,840
Speaker 1: You know, there's always gonna be those people are gonna

524
00:26:29,880 --> 00:26:31,240
Speaker 1: make you know, I want to go in at tech.

525
00:26:31,400 --> 00:26:34,560
Speaker 1: Like the ceiling in music is actually only so high

526
00:26:34,800 --> 00:26:39,159
Speaker 1: when you come to financial success. It is not it's

527
00:26:39,200 --> 00:26:41,200
Speaker 1: it's from where it was. I mean, we're seeing the

528
00:26:41,200 --> 00:26:43,199
Speaker 1: new valuations in the universal it's going up and up

529
00:26:43,200 --> 00:26:46,720
Speaker 1: and up. But comparatively to other industries, it is a

530
00:26:46,720 --> 00:26:49,600
Speaker 1: pretty low ceiling. But the energy of the music industry,

531
00:26:50,640 --> 00:26:54,199
Speaker 1: there is no ceiling. The magic to be associated to

532
00:26:54,359 --> 00:26:58,760
Speaker 1: these incredible creatives, these writers, these producers, these artists. Like

533
00:26:59,119 --> 00:27:01,480
Speaker 1: there's such magic being in a place where you're in

534
00:27:01,480 --> 00:27:03,840
Speaker 1: a studio and you're watching something being created, and then

535
00:27:04,320 --> 00:27:06,639
Speaker 1: a year later you're sitting in an elevator and someone's

536
00:27:06,680 --> 00:27:08,880
Speaker 1: humming next to you and you're realizing, wait, that's the song.

537
00:27:08,920 --> 00:27:10,600
Speaker 1: I was there, I witnessed that, or being at a

538
00:27:10,640 --> 00:27:13,480
Speaker 1: concert and seeing everybody sing those words, like, there's just

539
00:27:13,520 --> 00:27:16,600
Speaker 1: a magic to this industry that is unlike anything else.

540
00:27:17,920 --> 00:27:20,639
Speaker 1: And that's why you're going to attract a guy who

541
00:27:20,760 --> 00:27:25,680
Speaker 1: used to paint cars like mo you know too come

542
00:27:25,760 --> 00:27:31,040
Speaker 1: through and create Marshmallow. Or you're gonna, you know, attracted

543
00:27:31,119 --> 00:27:34,600
Speaker 1: Justin lu Bliner who's doing marketing and he puts all

544
00:27:34,640 --> 00:27:38,080
Speaker 1: his energy into a Billie Eilish and Phineas, Like, you're

545
00:27:38,119 --> 00:27:42,040
Speaker 1: going to attract young, amazing talent to something that's so magical.

546
00:27:42,160 --> 00:27:48,040
Speaker 1: Always we need to take a quick break. We'll be

547
00:27:48,080 --> 00:27:50,680
Speaker 1: back with more from Varieties Music Mogul of the Year

548
00:27:50,920 --> 00:28:02,040
Speaker 1: Scooter Braun, And we're back with Scooter Braun. So, Scooter,

549
00:28:02,200 --> 00:28:08,040
Speaker 1: you were an early investor in Uber, Spotify, Lift, drop Box, Um.

550
00:28:08,080 --> 00:28:17,120
Speaker 1: More recently you've backed tech entities like Clubhouse, New Wave, Row, Kupang. Yeah.

551
00:28:17,160 --> 00:28:20,199
Speaker 1: Kupang is like the Amazon of Korea and actually just

552
00:28:20,240 --> 00:28:22,480
Speaker 1: went public. It's an incredible company. Has nothing to do

553
00:28:22,520 --> 00:28:24,800
Speaker 1: with my more recent deal with Hybe, but I actually

554
00:28:24,800 --> 00:28:28,720
Speaker 1: invested in two thousand thirteen because I was with h

555
00:28:28,800 --> 00:28:32,439
Speaker 1: Sigh in Korea for Gongenham style and uh I had

556
00:28:32,440 --> 00:28:34,080
Speaker 1: a headache and his wife ordered me a talent on.

557
00:28:34,119 --> 00:28:36,439
Speaker 1: Some guy knocked on the door and handed her talent on.

558
00:28:36,480 --> 00:28:38,520
Speaker 1: I was like, what is that? Well, how do you

559
00:28:38,560 --> 00:28:41,400
Speaker 1: decide what to invest in? It's like falling in love,

560
00:28:41,680 --> 00:28:44,800
Speaker 1: you know. It's like I always compare falling in love

561
00:28:44,800 --> 00:28:46,240
Speaker 1: to like finding an artist. You just kind of know,

562
00:28:46,320 --> 00:28:50,320
Speaker 1: your gut tells you. Um sometimes as you see an

563
00:28:50,320 --> 00:28:54,000
Speaker 1: opening in the marketplace. Sometimes like I invested in something

564
00:28:54,040 --> 00:28:56,640
Speaker 1: called Go Puff a while back, like you know, met

565
00:28:56,680 --> 00:28:58,440
Speaker 1: the founders and I was like, wow, these guys are special.

566
00:28:58,440 --> 00:29:03,200
Speaker 1: Met him through my friend Michael um Row, my partners

567
00:29:03,200 --> 00:29:04,560
Speaker 1: in t Q, which is what I do all my

568
00:29:04,640 --> 00:29:07,560
Speaker 1: investing through now Andrew and Schuster. They were able to

569
00:29:07,600 --> 00:29:09,800
Speaker 1: identify Roe and Zach I think is one of the

570
00:29:09,800 --> 00:29:13,520
Speaker 1: best young CEOs in the world, and that's a telemedicine company.

571
00:29:13,640 --> 00:29:17,360
Speaker 1: Is just explosive and changing the whole world of telemedicine.

572
00:29:17,600 --> 00:29:19,720
Speaker 1: And that's it. Sometimes you find a founder who reminds

573
00:29:19,720 --> 00:29:21,520
Speaker 1: you of a great entrepreneur. You know. I did this company,

574
00:29:21,520 --> 00:29:25,440
Speaker 1: liquid Ivy with t Q and Brandon, you know, he

575
00:29:25,600 --> 00:29:27,239
Speaker 1: just could tell he was one of these guys that

576
00:29:27,880 --> 00:29:30,400
Speaker 1: was gonna make it happen. Remember becoming friends with Whitney

577
00:29:30,400 --> 00:29:32,480
Speaker 1: from Bumble and I was like, no matter what, she's

578
00:29:32,480 --> 00:29:36,960
Speaker 1: going to figure this out. And um, it's a unique experience.

579
00:29:37,680 --> 00:29:40,480
Speaker 1: You meet people that understand the burn the ship's mentality,

580
00:29:41,120 --> 00:29:44,240
Speaker 1: this mentality that like the soldiers would arrive on the

581
00:29:44,240 --> 00:29:46,320
Speaker 1: shores of their enemies and the generals would say, burn

582
00:29:46,360 --> 00:29:48,480
Speaker 1: the ships, burn our own ships. The only way you're

583
00:29:48,480 --> 00:29:50,160
Speaker 1: going home is in the ships of our enemies. There's

584
00:29:50,200 --> 00:29:53,840
Speaker 1: no turning back. And when you meet entrepreneurs who have

585
00:29:53,920 --> 00:29:56,120
Speaker 1: that mentality. I remember the first time I met Travis

586
00:29:56,120 --> 00:29:59,440
Speaker 1: from Uber he had it. Funny enough, his competitor John

587
00:29:59,760 --> 00:30:02,960
Speaker 1: over a Lift had it also. It's a very unique

588
00:30:02,960 --> 00:30:05,800
Speaker 1: thing and I've always tried to look for that and

589
00:30:05,840 --> 00:30:08,720
Speaker 1: follow my gut um. And then when I met Schuster

590
00:30:08,760 --> 00:30:11,760
Speaker 1: and Andrew, it went to a completely different level because

591
00:30:11,760 --> 00:30:14,560
Speaker 1: we have this amazing fund now t Q something that's

592
00:30:14,640 --> 00:30:17,200
Speaker 1: the most successful things in my life. And to have

593
00:30:17,280 --> 00:30:21,880
Speaker 1: such incredibly seasoned investors as my partners, and Andrew and Schuster,

594
00:30:22,720 --> 00:30:24,880
Speaker 1: we all bring a unique thing to the table and

595
00:30:25,520 --> 00:30:27,680
Speaker 1: been able to now make investments in There so many

596
00:30:27,720 --> 00:30:33,040
Speaker 1: incredible companies from Row to Saturn to neon Um that

597
00:30:33,080 --> 00:30:36,840
Speaker 1: are all becoming these unicorns. The first time at Daniel Leck,

598
00:30:37,040 --> 00:30:39,720
Speaker 1: you know the story, It was partially because of a

599
00:30:39,760 --> 00:30:43,040
Speaker 1: place you were working. If you're referring to Billboard, I

600
00:30:43,120 --> 00:30:47,960
Speaker 1: actually didn't start there until two thousand thirteen, but tell

601
00:30:48,040 --> 00:30:52,280
Speaker 1: the story. Um. I was twenty seven, Daniel was twenty four,

602
00:30:52,440 --> 00:30:55,480
Speaker 1: and Bill Wordy put us on the thirty on the

603
00:30:55,480 --> 00:31:00,920
Speaker 1: thirty list, and I called up Bill and asked if

604
00:31:00,920 --> 00:31:03,440
Speaker 1: I could be introduced to every single person on the

605
00:31:03,440 --> 00:31:05,000
Speaker 1: list that I knew about six of the people, but

606
00:31:05,000 --> 00:31:06,320
Speaker 1: I didn't know the others. And I felt like I

607
00:31:06,320 --> 00:31:10,120
Speaker 1: should know my peers. And I emailed and called every

608
00:31:10,160 --> 00:31:12,160
Speaker 1: single person on the list over the next two weeks,

609
00:31:13,040 --> 00:31:16,080
Speaker 1: and Daniel was in Sweden with this company that was

610
00:31:16,200 --> 00:31:20,920
Speaker 1: justin Sweden called Spotify, and he and I became friends.

611
00:31:20,960 --> 00:31:23,520
Speaker 1: He was like, this is really cool. You're calling me,

612
00:31:23,640 --> 00:31:27,080
Speaker 1: like Justin's big and Sweden now, so like Justin was

613
00:31:27,080 --> 00:31:28,680
Speaker 1: starting to explode. That's why I was on the list.

614
00:31:29,240 --> 00:31:32,360
Speaker 1: And he said, I'm coming to l A. Let's hang out.

615
00:31:33,040 --> 00:31:35,320
Speaker 1: And we became really good friends. I first met his

616
00:31:35,360 --> 00:31:38,479
Speaker 1: buddy Shack, who was kind of his liaison to everybody,

617
00:31:38,800 --> 00:31:41,200
Speaker 1: and I asked if I can invest, but I really

618
00:31:41,200 --> 00:31:43,800
Speaker 1: did believe in it and to see it become what

619
00:31:43,840 --> 00:31:47,080
Speaker 1: it's become today. I encourage all the people coming up

620
00:31:47,120 --> 00:31:49,760
Speaker 1: to realize you don't want to meet the big wig

621
00:31:49,800 --> 00:31:52,640
Speaker 1: you admire. You can meet them. They might make you

622
00:31:52,680 --> 00:31:56,200
Speaker 1: happy or they might disappoint you. Meet your peers, Meet

623
00:31:56,240 --> 00:31:58,080
Speaker 1: the people you're coming up with, who are sitting right

624
00:31:58,120 --> 00:32:00,320
Speaker 1: next to you with the same big dreams, and bet

625
00:32:00,320 --> 00:32:02,560
Speaker 1: on each other. Because one of the best investments of

626
00:32:02,600 --> 00:32:05,000
Speaker 1: my life has been Spotify. I was able to get

627
00:32:05,000 --> 00:32:06,480
Speaker 1: my parents in a little bit of that and that

628
00:32:06,560 --> 00:32:10,360
Speaker 1: changed their life. So I would encourage people to reach

629
00:32:10,400 --> 00:32:13,240
Speaker 1: out to their peers and build those relationships because you

630
00:32:13,280 --> 00:32:15,840
Speaker 1: never know what it can turn into. So you're also

631
00:32:15,880 --> 00:32:19,000
Speaker 1: a collector of fine art. What is your take on

632
00:32:19,240 --> 00:32:23,120
Speaker 1: n f T So, I'm curious, that's kind of controversial. Take.

633
00:32:25,360 --> 00:32:28,480
Speaker 1: My take on n f T s are long term,

634
00:32:28,520 --> 00:32:31,920
Speaker 1: there will be an amazing thing for the masses. Um

635
00:32:32,080 --> 00:32:35,000
Speaker 1: long term you will have just like in art in

636
00:32:35,040 --> 00:32:36,840
Speaker 1: our world, there are gonna be mass art and there's

637
00:32:36,880 --> 00:32:38,560
Speaker 1: gonna be fine art and n f T s will

638
00:32:38,560 --> 00:32:42,840
Speaker 1: have that. UM. I think right now the industry is

639
00:32:42,880 --> 00:32:44,640
Speaker 1: not set up for that to be a mass thing,

640
00:32:45,480 --> 00:32:47,720
Speaker 1: and right now it's still a fine art thing, but

641
00:32:47,840 --> 00:32:50,080
Speaker 1: playing within a very small pool, which was what fine

642
00:32:50,160 --> 00:32:54,720
Speaker 1: art is. So for example, most of these n f

643
00:32:54,760 --> 00:32:58,920
Speaker 1: T platforms, you need a crypto wallet to participate, but

644
00:32:59,000 --> 00:33:01,840
Speaker 1: most people don't have a crypto wallet, and a lot

645
00:33:01,880 --> 00:33:05,200
Speaker 1: of these platforms can't validate as fast. So, like, I

646
00:33:05,240 --> 00:33:08,480
Speaker 1: think the biggest auction I've seen is ten thousand people concurrently,

647
00:33:09,160 --> 00:33:11,280
Speaker 1: Yet I think the majority of the people bidding of

648
00:33:11,320 --> 00:33:13,280
Speaker 1: those ten thousand that were in there were the same

649
00:33:13,600 --> 00:33:17,200
Speaker 1: for people. So I think you're seeing crypto whales kind

650
00:33:17,200 --> 00:33:19,800
Speaker 1: of take the news up and they have a lot

651
00:33:19,840 --> 00:33:22,960
Speaker 1: of cash they're sitting on through their investments in crypto.

652
00:33:23,160 --> 00:33:25,400
Speaker 1: I think crypto is very very real. I think bitcoin

653
00:33:25,520 --> 00:33:27,440
Speaker 1: is something you should be putting in as part of

654
00:33:27,600 --> 00:33:30,640
Speaker 1: your portfolio as well as ethereum. Ripple is going to

655
00:33:30,720 --> 00:33:33,880
Speaker 1: probably go public soon. I think platforms like coin based

656
00:33:33,880 --> 00:33:38,400
Speaker 1: and cracking are incredible UM. But I think the n

657
00:33:38,440 --> 00:33:41,320
Speaker 1: f T world still needs to mature and you're going

658
00:33:41,360 --> 00:33:44,600
Speaker 1: to see things that are part of history, which is

659
00:33:44,640 --> 00:33:46,200
Speaker 1: when you look at art, there's some things that are

660
00:33:46,240 --> 00:33:48,040
Speaker 1: just pure talent and there are things that were first.

661
00:33:48,360 --> 00:33:50,480
Speaker 1: You know, Andy Warhol was the first to kind of

662
00:33:50,520 --> 00:33:54,240
Speaker 1: create the mass production. Um, so his pieces will always

663
00:33:54,280 --> 00:33:56,080
Speaker 1: be significant, and that's why certain n f T s

664
00:33:56,160 --> 00:33:58,440
Speaker 1: right now will be significant. But I think a lot

665
00:33:58,480 --> 00:34:02,360
Speaker 1: of this is growing pains. Who do you go to

666
00:34:02,480 --> 00:34:06,040
Speaker 1: for business advice? Who's on your speed dial? Um? I

667
00:34:06,080 --> 00:34:09,480
Speaker 1: have a tremendous amount of trust in my kind of

668
00:34:09,560 --> 00:34:12,600
Speaker 1: right hand advisor and David Bullo, who's been like a

669
00:34:12,600 --> 00:34:15,759
Speaker 1: brother to me for a really long time. Um he's

670
00:34:16,040 --> 00:34:22,239
Speaker 1: CEOO of and and a financial advisor. Um. You know,

671
00:34:22,320 --> 00:34:24,640
Speaker 1: to be able to talk to my investment partners Andrew

672
00:34:24,640 --> 00:34:27,840
Speaker 1: and Schuster, I think they have a savvy and a

673
00:34:27,840 --> 00:34:30,200
Speaker 1: brilliance to them that allows me to look at a

674
00:34:30,239 --> 00:34:33,080
Speaker 1: lot of things. Learned a lot from talking to Howard Marks.

675
00:34:33,120 --> 00:34:35,760
Speaker 1: I learned a tremendous amount from talking to David Geffen

676
00:34:36,600 --> 00:34:38,799
Speaker 1: in all things, whether it be art or music, or

677
00:34:38,800 --> 00:34:42,600
Speaker 1: culture or life. Um, he's just he was the guy

678
00:34:42,680 --> 00:34:44,680
Speaker 1: admired the most when I read that book, and then

679
00:34:44,680 --> 00:34:47,360
Speaker 1: when I was thirty we became friends. In the last decade,

680
00:34:49,440 --> 00:34:53,440
Speaker 1: I actually love the guy he is family and he

681
00:34:53,520 --> 00:34:57,400
Speaker 1: has been one of the most incredible voices of wisdom

682
00:34:57,440 --> 00:35:00,040
Speaker 1: I've ever had. Lucien has been an incredible voice for

683
00:35:00,120 --> 00:35:03,319
Speaker 1: me over the years. You never know where you going

684
00:35:03,400 --> 00:35:04,759
Speaker 1: to get wisdom from. You can talk about where you

685
00:35:04,800 --> 00:35:08,240
Speaker 1: get business advice. The wisest people I know aren't wise

686
00:35:08,280 --> 00:35:11,319
Speaker 1: because of business. One of the assets that you've picked

687
00:35:11,400 --> 00:35:14,120
Speaker 1: up in the last few years is Atlas Music Publishing,

688
00:35:14,160 --> 00:35:18,000
Speaker 1: which is home to copyrights on songs by Brandy Carlile,

689
00:35:18,040 --> 00:35:22,879
Speaker 1: at Cheering Drake, Nicki, Minaj, John legend Um. Considering how

690
00:35:22,960 --> 00:35:25,880
Speaker 1: catalog sales are such a hot commodity on Wall Street

691
00:35:25,960 --> 00:35:28,440
Speaker 1: right now, with everyone from Bob Dylan to Paul Simon,

692
00:35:28,600 --> 00:35:32,400
Speaker 1: Barry Manilow selling the publishing rights to their songs for

693
00:35:32,520 --> 00:35:36,480
Speaker 1: astronomical values, and probably the biggest player in the space

694
00:35:36,600 --> 00:35:40,200
Speaker 1: is Hypnosis Song Fund, which is headed by Mercury Atis

695
00:35:40,680 --> 00:35:45,080
Speaker 1: musician producer Nile Rogers. You've done some business with Hypnosis Um.

696
00:35:45,160 --> 00:35:48,080
Speaker 1: You sold a hundred and five songs by producer Andrew

697
00:35:48,080 --> 00:35:52,520
Speaker 1: Watt for an estimated forty five million dollars. I understand

698
00:35:52,520 --> 00:35:55,880
Speaker 1: the attractiveness of a big payout to an artist who

699
00:35:56,040 --> 00:35:59,440
Speaker 1: is let's say in the winter of their lives. But

700
00:36:00,040 --> 00:36:06,640
Speaker 1: what is like thirty? Yeah, so what is the thinking

701
00:36:06,680 --> 00:36:08,839
Speaker 1: behind these deals? I can only speak to wats deal,

702
00:36:09,160 --> 00:36:12,520
Speaker 1: you know, and every deal is different. It depends what's

703
00:36:12,520 --> 00:36:14,000
Speaker 1: going on in their life, what they want to get

704
00:36:14,040 --> 00:36:16,320
Speaker 1: out of it. What are the terms are being offered?

705
00:36:17,600 --> 00:36:21,399
Speaker 1: Wat's thirty He was being offered incredible terms by Mark

706
00:36:22,000 --> 00:36:25,040
Speaker 1: and an incredible valuation. We should mention a few of

707
00:36:25,080 --> 00:36:28,840
Speaker 1: the songs on which what is credited. They include Dualipa's

708
00:36:28,920 --> 00:36:33,920
Speaker 1: break My Heart, Senorita by Camila Cabello and Shawn Mendez,

709
00:36:34,239 --> 00:36:37,800
Speaker 1: as well as several tracks on Justin's latest album. And

710
00:36:37,840 --> 00:36:39,719
Speaker 1: we know that he has a lot more hits coming

711
00:36:39,719 --> 00:36:41,239
Speaker 1: and we actually only did it up to a certain

712
00:36:41,280 --> 00:36:42,759
Speaker 1: amount of songs, and there's a lot of hits he

713
00:36:42,800 --> 00:36:45,319
Speaker 1: still owned, and a lot of hits he continues down.

714
00:36:45,320 --> 00:36:47,320
Speaker 1: You know, he's involved with Peaches, He's involved with anyone.

715
00:36:47,400 --> 00:36:51,560
Speaker 1: He's like all these other songs. Thirty years old. To

716
00:36:51,680 --> 00:36:54,920
Speaker 1: be able to give yourself the gift of generational wealth,

717
00:36:56,280 --> 00:37:00,440
Speaker 1: you gotta ask yourself, is the royalty that I'm receiving

718
00:37:00,480 --> 00:37:04,600
Speaker 1: over the next fifteen to twenty years. Do I want

719
00:37:04,680 --> 00:37:06,759
Speaker 1: to make money off that royalty, or do I want

720
00:37:06,760 --> 00:37:09,040
Speaker 1: to get all that money up front right now, and

721
00:37:09,080 --> 00:37:13,920
Speaker 1: can I make more money investing it properly? And for him,

722
00:37:14,040 --> 00:37:16,839
Speaker 1: we decided to get that money now, allow him to

723
00:37:16,880 --> 00:37:19,160
Speaker 1: invest that money properly to live the life he wants

724
00:37:19,160 --> 00:37:21,280
Speaker 1: to live now for the next fifteen or twenty years.

725
00:37:22,040 --> 00:37:26,000
Speaker 1: And he's still in the middle of his career making

726
00:37:26,040 --> 00:37:27,880
Speaker 1: all these other hits that he can create an annuity

727
00:37:27,880 --> 00:37:30,600
Speaker 1: and royalty for his family in the future of that

728
00:37:30,680 --> 00:37:33,600
Speaker 1: and if he chooses to sell that he can as well. Um,

729
00:37:33,719 --> 00:37:37,200
Speaker 1: so you know, every deal is different, and we got

730
00:37:37,200 --> 00:37:39,600
Speaker 1: a really great deal from Murk that allowed him to

731
00:37:39,640 --> 00:37:43,919
Speaker 1: still participate in the creativity of those songs, but put

732
00:37:43,960 --> 00:37:46,719
Speaker 1: him in a place where he can put together the

733
00:37:46,719 --> 00:37:49,880
Speaker 1: proper portfolio and investments that actually are going to make

734
00:37:49,960 --> 00:37:51,960
Speaker 1: him more money than waiting for that royalty every single

735
00:37:52,040 --> 00:37:56,279
Speaker 1: year over the next fifteen years. And it's not like

736
00:37:56,360 --> 00:37:58,800
Speaker 1: his name goes off of those songs or the memories

737
00:37:58,840 --> 00:38:01,319
Speaker 1: of those songs or the history of those songs. Let's

738
00:38:01,320 --> 00:38:05,400
Speaker 1: talk about justin a little bit, uh COVID nearly decimated

739
00:38:05,440 --> 00:38:08,200
Speaker 1: the live music industry, which is slowly coming back to life,

740
00:38:08,520 --> 00:38:10,920
Speaker 1: and during that time, Justin was supposed to head out

741
00:38:10,960 --> 00:38:14,560
Speaker 1: on an arena tour. It was canceled the first time,

742
00:38:14,600 --> 00:38:19,120
Speaker 1: then it was canceled and rescheduled. UM, tell me about

743
00:38:19,160 --> 00:38:23,640
Speaker 1: like the planning and reconfiguring that goes into rescheduling a

744
00:38:23,680 --> 00:38:26,799
Speaker 1: tour of the size and how did you guys handle that?

745
00:38:27,719 --> 00:38:30,720
Speaker 1: For us, it was a blessing in disguise for specifically Justin,

746
00:38:31,000 --> 00:38:32,760
Speaker 1: I think it was a blessing in disguise for everyone,

747
00:38:33,400 --> 00:38:35,440
Speaker 1: you know. I think coming out of COVID, there's been

748
00:38:35,480 --> 00:38:37,319
Speaker 1: a lot of changes, a lot of people's lives, and

749
00:38:37,560 --> 00:38:39,520
Speaker 1: there was a lot of Some people had a really great,

750
00:38:39,520 --> 00:38:42,240
Speaker 1: wonderful COVID. Some people had wonderful and hurtful and everything

751
00:38:42,239 --> 00:38:45,280
Speaker 1: else and growth coming out of it. But for Justin,

752
00:38:46,560 --> 00:38:48,160
Speaker 1: he made some of the best music of his life

753
00:38:48,960 --> 00:38:50,879
Speaker 1: and he was able to slow down and really heal

754
00:38:51,600 --> 00:38:58,040
Speaker 1: from a sickness um and you know, right, one of

755
00:38:58,080 --> 00:39:00,719
Speaker 1: the biggest hits of his entire career with Peaches. So

756
00:39:01,600 --> 00:39:04,479
Speaker 1: for us, it was about when is the world coming back?

757
00:39:04,640 --> 00:39:07,880
Speaker 1: When are we gonna not reschedule again? What are you

758
00:39:07,880 --> 00:39:09,640
Speaker 1: gonna put it out far enough that we feel comfortable?

759
00:39:09,640 --> 00:39:11,560
Speaker 1: Which was the next February. We just were like, no

760
00:39:11,680 --> 00:39:13,520
Speaker 1: chances here, we're gonna We're not gonna do this again

761
00:39:13,560 --> 00:39:16,560
Speaker 1: to the fans. Um. But then we got to put

762
00:39:16,600 --> 00:39:19,440
Speaker 1: out such great music that you know, now we have

763
00:39:19,440 --> 00:39:24,520
Speaker 1: a sold out tour and and there's a lot of

764
00:39:24,560 --> 00:39:26,719
Speaker 1: excitement and his performance I think he's going to be

765
00:39:26,760 --> 00:39:28,359
Speaker 1: the best performance of his life because I've never seen

766
00:39:28,440 --> 00:39:33,040
Speaker 1: him so disciplined in preparation in his entire career, and

767
00:39:33,080 --> 00:39:36,200
Speaker 1: we have some such great music coming from him. So

768
00:39:36,360 --> 00:39:39,040
Speaker 1: for us, it was let the music lead slow down.

769
00:39:40,680 --> 00:39:43,160
Speaker 1: I'm very happy for him because now he is not

770
00:39:43,280 --> 00:39:46,320
Speaker 1: only excited about the tour, but he's well rested. He's

771
00:39:46,560 --> 00:39:48,840
Speaker 1: in the best place he's ever been mentally and physically,

772
00:39:49,400 --> 00:39:54,239
Speaker 1: and he is just ready for next February. Um. So

773
00:39:54,520 --> 00:39:57,080
Speaker 1: it was a blessing in disguise. I'm sure you factored

774
00:39:57,120 --> 00:40:00,000
Speaker 1: into because on his last tour he kind of strugg

775
00:40:00,040 --> 00:40:02,160
Speaker 1: roll towards the end, you have to cancel a bunch

776
00:40:02,200 --> 00:40:06,759
Speaker 1: of shows. His mental health is obviously really important in

777
00:40:06,880 --> 00:40:09,560
Speaker 1: situations like this. Yeah, and I think all artists, whether

778
00:40:09,560 --> 00:40:11,680
Speaker 1: the Ariana Demi justin like, they've all gone through some

779
00:40:11,719 --> 00:40:13,520
Speaker 1: serious stuff mental health. You know, if you see the

780
00:40:13,560 --> 00:40:16,680
Speaker 1: j Balvian documentary we just put out with director Matt Hyneman.

781
00:40:16,719 --> 00:40:19,560
Speaker 1: It's so honest and really address his mental health. I

782
00:40:19,560 --> 00:40:21,319
Speaker 1: think we factor that in a big way. But the

783
00:40:21,360 --> 00:40:24,760
Speaker 1: difference for Justin specifically is he now is Haley. And

784
00:40:24,840 --> 00:40:27,759
Speaker 1: Allison is doing an amazing job as she has for

785
00:40:27,920 --> 00:40:30,880
Speaker 1: over a decade with me on really protecting him and

786
00:40:30,920 --> 00:40:33,640
Speaker 1: making sure he's in the right place. But Haley is

787
00:40:34,080 --> 00:40:37,160
Speaker 1: such an incredible force in his life. And he's always

788
00:40:37,200 --> 00:40:39,520
Speaker 1: had to tour alone. You know, we could always be there,

789
00:40:39,520 --> 00:40:43,040
Speaker 1: But it's different now he's touring with his wife. Now

790
00:40:43,200 --> 00:40:46,000
Speaker 1: he has his best friend going on a worldwide vacation

791
00:40:46,280 --> 00:40:48,479
Speaker 1: with him where he's going to do what he loves

792
00:40:48,480 --> 00:40:50,640
Speaker 1: a couple of days a week and they could see

793
00:40:50,640 --> 00:40:52,799
Speaker 1: the world together. And I think he's never had that

794
00:40:52,840 --> 00:40:54,680
Speaker 1: experience before, and I think that two of them are

795
00:40:54,680 --> 00:40:58,560
Speaker 1: excited for that experience. A decade ago, Never Say Never

796
00:40:58,719 --> 00:41:01,520
Speaker 1: was released and it was a huge box office success.

797
00:41:01,560 --> 00:41:04,279
Speaker 1: It brought in a hundred million dollars in its theatrical run.

798
00:41:05,000 --> 00:41:07,440
Speaker 1: You know, now, I look at that movie and the

799
00:41:07,480 --> 00:41:12,840
Speaker 1: sequel believe as really being trailblazers. In the music documentary Space,

800
00:41:13,280 --> 00:41:17,680
Speaker 1: Ariana Demi Levado, J Balvin. They've all had documentary films

801
00:41:17,800 --> 00:41:21,600
Speaker 1: or series released in the last few years. What's your

802
00:41:21,640 --> 00:41:25,600
Speaker 1: involvement in these projects and what's your take on artists

803
00:41:25,600 --> 00:41:30,680
Speaker 1: produced content. I think we unfortunately live in a society

804
00:41:30,719 --> 00:41:35,040
Speaker 1: that would rather believe someone else about someone else's character.

805
00:41:36,200 --> 00:41:38,399
Speaker 1: You know, we live in this place where like, if

806
00:41:38,400 --> 00:41:40,000
Speaker 1: I tell you, hey, I'm a good person and this

807
00:41:40,080 --> 00:41:42,400
Speaker 1: is my truth, You're gonna be like, I don't know.

808
00:41:42,440 --> 00:41:43,880
Speaker 1: I want to go get a reference from someone who

809
00:41:43,920 --> 00:41:49,760
Speaker 1: barely knows you. Um. And for me, if an artist

810
00:41:49,800 --> 00:41:53,280
Speaker 1: is willing to tell their truth in a documentary, who

811
00:41:53,360 --> 00:41:57,000
Speaker 1: better to do that with an honest filmmaker and them

812
00:41:57,040 --> 00:42:03,960
Speaker 1: giving that person their trust. So I promise you you

813
00:42:04,000 --> 00:42:07,120
Speaker 1: saw the real j Balvian in that documentary. He gave

814
00:42:07,560 --> 00:42:10,840
Speaker 1: Matt Hyneman so much trust it made him uncomfortable, I

815
00:42:10,960 --> 00:42:14,759
Speaker 1: promise you. Demi laid it all out to Michael Ratner.

816
00:42:14,800 --> 00:42:18,480
Speaker 1: In fact, that's probably the only person in the world

817
00:42:18,719 --> 00:42:25,320
Speaker 1: that they would tell those things too. Um from Demi

818
00:42:25,360 --> 00:42:31,439
Speaker 1: discussing the overdose to rape to her childhood two UM

819
00:42:31,480 --> 00:42:34,320
Speaker 1: and I'm going to work on my pronounce with Demi.

820
00:42:35,040 --> 00:42:38,360
Speaker 1: UM is something that they have discussed with me, and

821
00:42:38,360 --> 00:42:43,600
Speaker 1: I'm happy to honor and love them to death. I've

822
00:42:43,719 --> 00:42:46,960
Speaker 1: said this for over ten years. Tell the truth because

823
00:42:47,000 --> 00:42:50,680
Speaker 1: the fans can see through everything else, and the documentaries

824
00:42:50,680 --> 00:42:54,080
Speaker 1: are real because of that. And I'd rather have a

825
00:42:54,120 --> 00:42:57,240
Speaker 1: documentary with an honest filmmaker, with someone giving them their trust,

826
00:42:58,000 --> 00:43:00,360
Speaker 1: than someone from a distance who's never or had a

827
00:43:00,400 --> 00:43:04,480
Speaker 1: real conversation with the subject, giving their speculation on who

828
00:43:04,480 --> 00:43:07,759
Speaker 1: that person is and what they were thinking. And your involvement.

829
00:43:08,440 --> 00:43:12,719
Speaker 1: My involvement is for the for Demi's not until final cut.

830
00:43:12,880 --> 00:43:15,200
Speaker 1: I did an interview and that was it because once I,

831
00:43:15,719 --> 00:43:18,200
Speaker 1: my job is to find the filmmaker they're going to trust.

832
00:43:18,760 --> 00:43:22,040
Speaker 1: With Justin's most recent ones, Rory and Michael Ratner, they're

833
00:43:22,080 --> 00:43:24,360
Speaker 1: part of his family now they're there. You hear Michael's

834
00:43:24,400 --> 00:43:26,239
Speaker 1: voice and a lot of stuff. Even with Demi when

835
00:43:26,239 --> 00:43:29,960
Speaker 1: he built that trust. Um, you know, Hyneman did the

836
00:43:30,000 --> 00:43:33,399
Speaker 1: same thing Ariana when she just gave her most recent

837
00:43:33,400 --> 00:43:36,000
Speaker 1: concert documentary, she edited it like she just was like,

838
00:43:36,160 --> 00:43:38,759
Speaker 1: I'm just gonna show you this is my life. So

839
00:43:39,880 --> 00:43:41,879
Speaker 1: my job is to put together the teams that they

840
00:43:41,880 --> 00:43:45,080
Speaker 1: feel comfortable enough to speak their truth. Once that happens

841
00:43:45,120 --> 00:43:47,640
Speaker 1: I step out. Um. So I actually didn't see the

842
00:43:47,680 --> 00:43:50,919
Speaker 1: j Balbin documentary until it came out. Um. I didn't

843
00:43:50,960 --> 00:43:53,120
Speaker 1: see the Demi one until final cut the week before

844
00:43:53,800 --> 00:43:57,000
Speaker 1: because I don't want to influence it. One thing about

845
00:43:57,000 --> 00:44:00,960
Speaker 1: Ariana's documentary that I really loved his You really got

846
00:44:00,960 --> 00:44:04,720
Speaker 1: a sense of how tremendously talented she is as a singer.

847
00:44:05,360 --> 00:44:08,120
Speaker 1: And also there was like this little clip released of

848
00:44:08,200 --> 00:44:12,560
Speaker 1: her recording her parts to positions, which was so impressive

849
00:44:12,640 --> 00:44:16,279
Speaker 1: because she's harmonizing these really difficult harmonies. Do you think

850
00:44:16,320 --> 00:44:21,800
Speaker 1: people just underestimate ari Yes, I do. I'm so glad

851
00:44:21,800 --> 00:44:24,279
Speaker 1: you asked me this question because I'm excited to tell

852
00:44:24,320 --> 00:44:28,360
Speaker 1: you about how talented she is. When someone does something

853
00:44:28,600 --> 00:44:35,320
Speaker 1: so exceptionally well with a lot of visibility, we gravitate

854
00:44:35,360 --> 00:44:38,839
Speaker 1: towards that is our explanation of who they are. So

855
00:44:38,920 --> 00:44:41,799
Speaker 1: she is one of the top pop stars of all time,

856
00:44:42,560 --> 00:44:45,759
Speaker 1: so we discuss her in that way. But if she

857
00:44:45,840 --> 00:44:48,120
Speaker 1: decided to never walk on stage, we talk about her

858
00:44:48,120 --> 00:44:50,719
Speaker 1: as one of the top writers in the industry. If

859
00:44:50,760 --> 00:44:52,560
Speaker 1: she decided to never go on that stage, we talked

860
00:44:52,560 --> 00:44:54,440
Speaker 1: about her as one of the best vocal producers ever.

861
00:44:55,239 --> 00:45:01,280
Speaker 1: And we discuss how this young woman runs pro tools

862
00:45:01,320 --> 00:45:05,320
Speaker 1: and rites and harmonizes and comes up with the visuals.

863
00:45:05,360 --> 00:45:07,560
Speaker 1: We we'd literally say she's one of the best creative

864
00:45:07,600 --> 00:45:11,160
Speaker 1: directors in the entire industry. She just happens to also

865
00:45:11,200 --> 00:45:17,040
Speaker 1: be Ariana Grande. She is that triple quadruple ten time threat.

866
00:45:17,800 --> 00:45:19,680
Speaker 1: But I am glad you asked, because I do want

867
00:45:19,680 --> 00:45:24,680
Speaker 1: people to realize that she is that good. That Justin

868
00:45:24,800 --> 00:45:28,440
Speaker 1: really did write Peaches, that Demi does write those songs,

869
00:45:28,800 --> 00:45:31,640
Speaker 1: that Balding comes up with that stuff. You know that

870
00:45:32,480 --> 00:45:35,080
Speaker 1: Tory Kelly really sits in her room and comes up

871
00:45:35,120 --> 00:45:37,479
Speaker 1: with all those instruments and all those patterns and everything else.

872
00:45:37,840 --> 00:45:41,520
Speaker 1: You know that Dave really is Little Dickey and Dave

873
00:45:41,680 --> 00:45:44,120
Speaker 1: and he's writing that show with Jeff Schaefer and Suladi

874
00:45:44,280 --> 00:45:47,560
Speaker 1: and like he's really that genius. That Andrew Watt plays

875
00:45:47,600 --> 00:45:50,239
Speaker 1: all those instruments and comes up with that stuff. Like

876
00:45:52,280 --> 00:45:54,399
Speaker 1: these are some of the most talented people in the world.

877
00:45:54,480 --> 00:46:00,799
Speaker 1: Cuavo is a ridiculously good producer and killer boy. We're

878
00:46:00,800 --> 00:46:02,839
Speaker 1: all talking about what a talented artist he is. He's

879
00:46:02,880 --> 00:46:07,240
Speaker 1: coming up with these melodies, he's producing these tracks. Unfortunately,

880
00:46:07,400 --> 00:46:10,160
Speaker 1: as human beings. We compartmentalize things, but don't let anyone

881
00:46:10,200 --> 00:46:13,880
Speaker 1: ever put you in a box. With Jay Balvin, you

882
00:46:13,920 --> 00:46:17,359
Speaker 1: signed him two years ago, and that would have been

883
00:46:17,520 --> 00:46:20,760
Speaker 1: right on the heels of Desposito being literally the biggest

884
00:46:20,760 --> 00:46:25,759
Speaker 1: song of Luis Fonzi wanted English, he wanted an English star,

885
00:46:26,080 --> 00:46:29,560
Speaker 1: and Justin was down in Columbia at the time and

886
00:46:29,760 --> 00:46:31,560
Speaker 1: was like, man, this song's blowing up down here. And

887
00:46:31,560 --> 00:46:33,000
Speaker 1: I was like, I have the rights of the remix.

888
00:46:33,080 --> 00:46:34,080
Speaker 1: Do you want to do it? And He's like, you

889
00:46:34,080 --> 00:46:36,120
Speaker 1: think I should? And I was like yeah, And we

890
00:46:36,280 --> 00:46:39,640
Speaker 1: got um Jay Balfin's guy to cut him and help

891
00:46:39,680 --> 00:46:41,680
Speaker 1: him with the Spanish and I was like, I want

892
00:46:41,680 --> 00:46:44,560
Speaker 1: you to do in Spanish and Justin's like bet. And

893
00:46:44,600 --> 00:46:47,440
Speaker 1: when I turned it in, both Republic and Luis Fonzi's

894
00:46:47,440 --> 00:46:48,800
Speaker 1: team were like no, no, we wanted him to do

895
00:46:48,880 --> 00:46:51,360
Speaker 1: an English to cross it over, and I was like no,

896
00:46:51,800 --> 00:46:53,480
Speaker 1: like this needs to be in Spanish because one that

897
00:46:53,480 --> 00:46:57,040
Speaker 1: helps Justin in the Latin American market. But too, I

898
00:46:57,120 --> 00:46:59,680
Speaker 1: knew with Justin and how big the song was that

899
00:46:59,760 --> 00:47:01,600
Speaker 1: we get it number one in the US for a week,

900
00:47:02,200 --> 00:47:04,080
Speaker 1: and all I wanted was it to be number one

901
00:47:04,080 --> 00:47:06,560
Speaker 1: in the US for a week because Donald Trump had

902
00:47:06,560 --> 00:47:09,400
Speaker 1: just become the president and he was making young Mexican

903
00:47:09,520 --> 00:47:13,800
Speaker 1: and Latin American kids I feel like second class citizens.

904
00:47:14,200 --> 00:47:17,040
Speaker 1: I feel like they were less than because they spoke Spanish.

905
00:47:17,200 --> 00:47:19,080
Speaker 1: So I wanted the number one song in the country

906
00:47:19,160 --> 00:47:21,960
Speaker 1: the first summer of Donald Trump's presidency to be a

907
00:47:21,960 --> 00:47:24,480
Speaker 1: song in Spanish. Like I was driven by this, and

908
00:47:24,480 --> 00:47:26,719
Speaker 1: Mike Chester know you know well, was our head of

909
00:47:26,719 --> 00:47:30,200
Speaker 1: promotion at the time, and Republic said, no, one needs

910
00:47:30,239 --> 00:47:33,080
Speaker 1: to be more English. We talked to John Ivy here

911
00:47:33,080 --> 00:47:34,799
Speaker 1: in l A who said, I can't play this, it's

912
00:47:34,840 --> 00:47:37,839
Speaker 1: too much Spanish. And I told everybody, give me two

913
00:47:37,880 --> 00:47:40,759
Speaker 1: weeks of airplay, and if I'm wrong, I'll get him

914
00:47:40,800 --> 00:47:43,160
Speaker 1: to go back in and cut it again. But give

915
00:47:43,239 --> 00:47:46,560
Speaker 1: us two weeks. We were sixteen weeks at number one.

916
00:47:48,000 --> 00:47:53,080
Speaker 1: I didn't even expect that, And the entire summer of

917
00:47:53,160 --> 00:47:55,600
Speaker 1: Donald Trump's first year in presidency, the number one song

918
00:47:55,640 --> 00:47:57,359
Speaker 1: in the country was a song in Spanish. And now

919
00:47:57,440 --> 00:48:00,280
Speaker 1: because of that song, there's lots of songs since Banish

920
00:48:00,320 --> 00:48:02,880
Speaker 1: on the pop radio all over the US, And uh,

921
00:48:02,960 --> 00:48:05,319
Speaker 1: I feel like that song broke down barriers. And then

922
00:48:05,640 --> 00:48:11,320
Speaker 1: the next song to break Down the Barrier and Jay Balvin,

923
00:48:11,480 --> 00:48:14,600
Speaker 1: and then he did it again with Bad Bunny and

924
00:48:14,760 --> 00:48:17,680
Speaker 1: Cardi b and like, he started breaking down the barriers

925
00:48:17,680 --> 00:48:20,719
Speaker 1: one after another with him and Bad Bunny and um.

926
00:48:20,719 --> 00:48:23,440
Speaker 1: When the opportunity came to work with him, I jumped

927
00:48:23,440 --> 00:48:25,480
Speaker 1: all over it because I think he's an iconic artist.

928
00:48:25,480 --> 00:48:27,160
Speaker 1: He's one of the most important artists in the world,

929
00:48:27,840 --> 00:48:30,360
Speaker 1: and he sells out shows all around the world. The

930
00:48:30,360 --> 00:48:33,000
Speaker 1: thing I respect them most about Jose the guy speaks

931
00:48:33,000 --> 00:48:37,520
Speaker 1: perfect English, but he will never sing in anything but Spanish.

932
00:48:37,760 --> 00:48:40,200
Speaker 1: He could literally make an English album tomorrow, but he

933
00:48:40,239 --> 00:48:43,279
Speaker 1: won't do it because he says his culture is one

934
00:48:43,320 --> 00:48:46,479
Speaker 1: of Spanish and he will always sing in Spanish because

935
00:48:46,480 --> 00:48:48,080
Speaker 1: he wants to bring his culture to the rest of

936
00:48:48,120 --> 00:48:52,600
Speaker 1: the world. And his integrity and his loyalty to his

937
00:48:52,680 --> 00:48:56,760
Speaker 1: culture is something I truly admire. I was thinking about

938
00:48:56,880 --> 00:49:01,040
Speaker 1: philanthropy and one thing that's really great. You'll go one

939
00:49:01,080 --> 00:49:03,560
Speaker 1: on one, like you'll walk outside into the audience and

940
00:49:03,719 --> 00:49:06,440
Speaker 1: hand someone to ticket, you know, and maybe for you

941
00:49:06,520 --> 00:49:08,719
Speaker 1: that's just like a tiny sliver of your day, but

942
00:49:08,800 --> 00:49:11,080
Speaker 1: for that person it's probably a story they're going to

943
00:49:11,160 --> 00:49:14,080
Speaker 1: repeat for like the rest of their lives. So I

944
00:49:14,120 --> 00:49:18,200
Speaker 1: feel like your view of philanthropy can almost come down

945
00:49:18,239 --> 00:49:23,360
Speaker 1: to that one act. But you're also incredibly insistent that

946
00:49:23,680 --> 00:49:28,920
Speaker 1: your business here have philanthropic components to it. So explain

947
00:49:28,960 --> 00:49:30,759
Speaker 1: that to me. Um. Well, in Jewish culture is something

948
00:49:30,760 --> 00:49:33,719
Speaker 1: called sidaca, which is you have to always give back.

949
00:49:34,360 --> 00:49:36,040
Speaker 1: So I've always kind of grew up with that concept.

950
00:49:36,040 --> 00:49:38,080
Speaker 1: My mother always really even when I was throwing party,

951
00:49:38,160 --> 00:49:40,040
Speaker 1: she was like, every fourth party, can you give the charities?

952
00:49:40,080 --> 00:49:43,000
Speaker 1: Every fourth party was a charity party. And in our company,

953
00:49:43,040 --> 00:49:45,640
Speaker 1: we've always given a piece of our proceeds and the

954
00:49:45,640 --> 00:49:48,440
Speaker 1: things we do. And I'm never an artist fight back. Um,

955
00:49:48,480 --> 00:49:50,480
Speaker 1: it's whether it be make a wish or whether it

956
00:49:50,520 --> 00:49:54,280
Speaker 1: be giving away money. Um shawna who runs our philanthropy department.

957
00:49:54,400 --> 00:49:56,320
Speaker 1: That's her whole time job. Her full time job is

958
00:49:56,400 --> 00:49:59,360
Speaker 1: running our family foundation and running the foundation here, helping

959
00:49:59,360 --> 00:50:01,799
Speaker 1: our artists, a foundations doing we joke around, we make

960
00:50:01,840 --> 00:50:05,160
Speaker 1: the money, she gives it away and she's incredible. You

961
00:50:05,200 --> 00:50:08,120
Speaker 1: know a lot of Seawan Andeppe, Yeah, and a lot

962
00:50:08,200 --> 00:50:10,920
Speaker 1: of these amazing campaigns. And my philosophy has always been

963
00:50:10,920 --> 00:50:14,240
Speaker 1: fifty percent people should see in fifty percent they shouldn't.

964
00:50:14,600 --> 00:50:16,160
Speaker 1: They shouldn't because you know you're doing it for the

965
00:50:16,239 --> 00:50:19,000
Speaker 1: right reason and that's just for you and for the

966
00:50:19,280 --> 00:50:22,200
Speaker 1: doing good. And then fifty people should see who cares

967
00:50:22,200 --> 00:50:25,200
Speaker 1: if they criticize because as many people who will criticize,

968
00:50:25,239 --> 00:50:27,359
Speaker 1: oh look, they just want to be seen. There's also

969
00:50:27,440 --> 00:50:30,399
Speaker 1: another fifty percent that's watching and saying I'm inspired by that.

970
00:50:30,800 --> 00:50:34,560
Speaker 1: I want to go do that too. Um, so you

971
00:50:34,560 --> 00:50:39,200
Speaker 1: can't let the noise bother you. And for me, you

972
00:50:39,280 --> 00:50:42,040
Speaker 1: nailed it. My wife is the founder of cancer and

973
00:50:42,120 --> 00:50:44,439
Speaker 1: she's a hero, you know, for the work she does.

974
00:50:44,880 --> 00:50:46,960
Speaker 1: And at times we look at philanthropy differently and we

975
00:50:47,000 --> 00:50:49,080
Speaker 1: meet in the middle, Like sometimes I do the big

976
00:50:49,080 --> 00:50:50,920
Speaker 1: opra gesture where I just see somebody and I'm like,

977
00:50:50,960 --> 00:50:53,160
Speaker 1: I'm just doing this, And she likes to plan it

978
00:50:53,200 --> 00:50:55,040
Speaker 1: out of like how do we make the biggest impact

979
00:50:55,320 --> 00:51:00,919
Speaker 1: not necessarily the same one. And um, when I was young,

980
00:51:01,880 --> 00:51:04,239
Speaker 1: my brother and I were in the airport, i think,

981
00:51:04,280 --> 00:51:07,279
Speaker 1: traveling somewhere with our parents. I mean I'm talking six

982
00:51:07,320 --> 00:51:10,440
Speaker 1: seven years old. My brother was five or six, and

983
00:51:10,520 --> 00:51:14,200
Speaker 1: Carl Lewis, the Olympic runner, was coming through the airport

984
00:51:14,200 --> 00:51:15,720
Speaker 1: and he had just won a bunch of gold medals

985
00:51:15,719 --> 00:51:18,000
Speaker 1: for being the fastest man in the world. And he's

986
00:51:18,000 --> 00:51:19,800
Speaker 1: walking through the airport and we just spent the summer

987
00:51:19,800 --> 00:51:22,160
Speaker 1: watching the Olympics and remember seeing him. My dad's like,

988
00:51:22,160 --> 00:51:25,360
Speaker 1: that's Carl Lewis, and we had never seen anyone famous before.

989
00:51:25,760 --> 00:51:28,359
Speaker 1: We had just freaked out, and me and my brother

990
00:51:28,400 --> 00:51:31,799
Speaker 1: I remember we kept running past him and stopping and

991
00:51:31,800 --> 00:51:33,680
Speaker 1: he'd walk past us, and then we'd run past him

992
00:51:33,680 --> 00:51:35,359
Speaker 1: again to say, we're the fastest man in the world.

993
00:51:35,480 --> 00:51:37,279
Speaker 1: And he saw us and he smiled at us. He

994
00:51:37,320 --> 00:51:39,040
Speaker 1: went like this like a little jerk with his head

995
00:51:39,320 --> 00:51:42,280
Speaker 1: and we're like and he smiled at us. I'm thirty

996
00:51:42,360 --> 00:51:47,520
Speaker 1: nine about the forty. I've never forgotten that. And um,

997
00:51:47,560 --> 00:51:52,640
Speaker 1: I always say that our every day is someone else's forever.

998
00:51:53,680 --> 00:51:58,080
Speaker 1: Never take that for granted. So whether it be giving

999
00:51:58,120 --> 00:52:02,680
Speaker 1: away that one extra ticket or doing that one extra push,

1000
00:52:03,000 --> 00:52:05,400
Speaker 1: you never know the impact you can have on someone else.

1001
00:52:06,080 --> 00:52:09,200
Speaker 1: And Carl Lewis didn't realize the impact he had on me.

1002
00:52:10,800 --> 00:52:15,040
Speaker 1: And somebody who was kind to my grandparents when the

1003
00:52:15,040 --> 00:52:17,480
Speaker 1: immigrated here didn't know the impact they'd have in my life.

1004
00:52:17,520 --> 00:52:21,799
Speaker 1: Like you just don't know. So it's important to put

1005
00:52:21,840 --> 00:52:25,840
Speaker 1: that element in because, Um, before my grandpa passed, he

1006
00:52:25,880 --> 00:52:29,000
Speaker 1: used to say to me, God's always going to fill

1007
00:52:29,040 --> 00:52:31,719
Speaker 1: your glass up, and if you don't pour that water

1008
00:52:31,760 --> 00:52:34,000
Speaker 1: into other glasses, all it's gonna do is spill over

1009
00:52:34,000 --> 00:52:36,600
Speaker 1: the top and make a mess. So keep pouring that

1010
00:52:36,680 --> 00:52:38,960
Speaker 1: water into other glasses so that you don't make a mess,

1011
00:52:39,280 --> 00:52:42,040
Speaker 1: and you'll keep getting your glass filled up. So I

1012
00:52:42,040 --> 00:52:43,719
Speaker 1: think that's kind of the way I've always looked at it.

1013
00:52:44,440 --> 00:52:46,880
Speaker 1: So let's talk about your TV projects a little bit,

1014
00:52:46,880 --> 00:52:51,000
Speaker 1: because there's a lot of them. Um, Dave on f

1015
00:52:51,320 --> 00:52:55,759
Speaker 1: X starring Little Dickey. Dave's a genius. I mean when

1016
00:52:55,800 --> 00:52:59,239
Speaker 1: Billy Crystals shouting out this show, you know you made it.

1017
00:53:00,880 --> 00:53:03,840
Speaker 1: It's also the biggest comedy ever in efics history. Well, okay,

1018
00:53:03,880 --> 00:53:06,160
Speaker 1: I'm sure artists come up with, like, you know, crazy

1019
00:53:06,239 --> 00:53:08,839
Speaker 1: ideas all the time, Like how do you know this

1020
00:53:08,880 --> 00:53:11,000
Speaker 1: is something that we're gonna back, We're going to create

1021
00:53:11,040 --> 00:53:12,960
Speaker 1: a show, We're going to take it to the network.

1022
00:53:13,920 --> 00:53:15,480
Speaker 1: Well that was that was a beautiful thing when the

1023
00:53:15,520 --> 00:53:18,279
Speaker 1: gut ideas come together. When I met Dave, I was

1024
00:53:18,320 --> 00:53:20,160
Speaker 1: hoping he'd want to do a show. When he told

1025
00:53:20,160 --> 00:53:22,520
Speaker 1: me he created a little Dick and he always saw

1026
00:53:22,560 --> 00:53:25,000
Speaker 1: it as a show like herb. It was the same

1027
00:53:25,000 --> 00:53:27,080
Speaker 1: thing I saw. So I was like it was our

1028
00:53:27,239 --> 00:53:29,000
Speaker 1: our dreams were aligned, and I was like, let's go.

1029
00:53:29,360 --> 00:53:32,080
Speaker 1: Sometimes you just gotta believe an artist. I mean, Justin

1030
00:53:32,160 --> 00:53:35,319
Speaker 1: had a vision for Drew. We backed it. Ariana has

1031
00:53:35,360 --> 00:53:37,479
Speaker 1: some incredible stuff coming that she has visions for DEMI

1032
00:53:37,560 --> 00:53:40,839
Speaker 1: has some incredible stuff like like you just you hear

1033
00:53:40,880 --> 00:53:42,839
Speaker 1: it and you say why not? Like that's always been

1034
00:53:42,840 --> 00:53:45,480
Speaker 1: a philosophy for mine. Why not? Why not us? Why

1035
00:53:45,520 --> 00:53:47,279
Speaker 1: can't we do that as long as we have the

1036
00:53:47,280 --> 00:53:50,880
Speaker 1: band with why not try? When you mentioned Drew House,

1037
00:53:50,920 --> 00:53:53,000
Speaker 1: so I just wanted to sort of throw this at you.

1038
00:53:53,520 --> 00:53:57,240
Speaker 1: Did you learn anything about the apparel business from Kanye? Oh? Yeah,

1039
00:53:57,360 --> 00:53:59,480
Speaker 1: I mean I learned a lot being around Kanye. I

1040
00:53:59,520 --> 00:54:02,600
Speaker 1: see there's differently. I see pallets differently because of those

1041
00:54:02,680 --> 00:54:06,880
Speaker 1: years with Kanye. He is a creative genius and he

1042
00:54:06,880 --> 00:54:11,560
Speaker 1: helped me immensely just being around that creative genius. I

1043
00:54:11,600 --> 00:54:14,759
Speaker 1: have a tremendous amount of admiration and appreciation for him.

1044
00:54:14,880 --> 00:54:17,600
Speaker 1: Um and I don't have anything bad to say. There's

1045
00:54:17,600 --> 00:54:20,120
Speaker 1: times when we both amen frustrated with each other. To

1046
00:54:20,200 --> 00:54:22,560
Speaker 1: be a student is always exciting for me. You know,

1047
00:54:22,760 --> 00:54:24,600
Speaker 1: just because you're great at one thing doesn't mean you're

1048
00:54:24,640 --> 00:54:27,000
Speaker 1: great at another. Every time you go into something else,

1049
00:54:27,000 --> 00:54:28,440
Speaker 1: you should act as if you're a rookie and try

1050
00:54:28,480 --> 00:54:30,719
Speaker 1: and learn a little bit, but trust your gut. I

1051
00:54:30,719 --> 00:54:33,319
Speaker 1: mean that's amazing because I always think of fashion as

1052
00:54:33,400 --> 00:54:37,719
Speaker 1: like incredibly difficult, you know, barrier to entry, Like I

1053
00:54:37,760 --> 00:54:43,200
Speaker 1: think everything's a difficult barrier to entry. Trying is the hardest.

1054
00:54:43,239 --> 00:54:45,640
Speaker 1: Giving yourself the confidence to say I'm going to step

1055
00:54:45,680 --> 00:54:47,440
Speaker 1: out there and put myself out there. That is the

1056
00:54:47,480 --> 00:54:51,359
Speaker 1: hardest barrier to entry yourself. You know, if you do it,

1057
00:54:51,760 --> 00:54:56,759
Speaker 1: you try, you're halfway there and then you gotta keep going. Well,

1058
00:54:56,760 --> 00:54:59,239
Speaker 1: what is failure anyway? Like you and I've discussed this,

1059
00:54:59,280 --> 00:55:01,640
Speaker 1: I just want to say this on podcasts people are listening. Okay,

1060
00:55:01,680 --> 00:55:03,719
Speaker 1: you have an idea and you go for it and

1061
00:55:03,760 --> 00:55:08,680
Speaker 1: you fail. Are you free the next day? Are you

1062
00:55:08,719 --> 00:55:13,040
Speaker 1: waking up breathing and healthy? If you are, have you

1063
00:55:13,080 --> 00:55:15,320
Speaker 1: really failed? Because I can give you a hundred examples

1064
00:55:15,320 --> 00:55:17,640
Speaker 1: of someone in a third world country who still doesn't

1065
00:55:17,680 --> 00:55:19,719
Speaker 1: have an opportunity that next day. I can give you

1066
00:55:19,719 --> 00:55:22,919
Speaker 1: a hundred examples of someone dealing with cancer that isn't

1067
00:55:22,960 --> 00:55:24,759
Speaker 1: having the same freedoms that you have. I can give

1068
00:55:24,800 --> 00:55:28,120
Speaker 1: you a hundred examples of someone who's wrongfully imprisoned and

1069
00:55:28,200 --> 00:55:32,200
Speaker 1: not even getting the opportunity, Like you're failing. Isn't an

1070
00:55:32,360 --> 00:55:36,120
Speaker 1: end destination, It's an opportunity to tell a story later

1071
00:55:36,200 --> 00:55:39,800
Speaker 1: when you're successful. It's like a ski lodge on the

1072
00:55:39,840 --> 00:55:42,400
Speaker 1: way to the top of the mountain. It's a learning experience,

1073
00:55:43,120 --> 00:55:47,120
Speaker 1: and that's hard to understand, especially when you're in it.

1074
00:55:47,920 --> 00:55:50,239
Speaker 1: Like for me, there's things in my life that I'm like, man,

1075
00:55:50,280 --> 00:55:52,359
Speaker 1: I'm a failure at this, and I get so down

1076
00:55:52,360 --> 00:55:57,239
Speaker 1: on myself, and then I'm understanding that, like maybe I'm

1077
00:55:57,280 --> 00:55:59,040
Speaker 1: just not seeing the whole story yet, maybe I'm not

1078
00:55:59,120 --> 00:56:02,279
Speaker 1: understanding where I'm that. This isn't necessarily a failure and

1079
00:56:02,280 --> 00:56:03,840
Speaker 1: it doesn't matter because there are people who are going

1080
00:56:03,880 --> 00:56:06,000
Speaker 1: to say you failed, and they're going to doubt you

1081
00:56:06,040 --> 00:56:08,319
Speaker 1: and everything else like that, But no one's gonna remember

1082
00:56:08,320 --> 00:56:11,200
Speaker 1: you in a hundred years. So understand how finite that

1083
00:56:11,239 --> 00:56:14,680
Speaker 1: moment is and how finite that person's opinion is. So

1084
00:56:15,960 --> 00:56:17,840
Speaker 1: everything I'm saying to you is something I'm working on

1085
00:56:17,840 --> 00:56:21,319
Speaker 1: in a daily basis myself. I can't think of a

1086
00:56:21,360 --> 00:56:24,839
Speaker 1: better ending than that. Well, thanks for having me, You're

1087
00:56:24,880 --> 00:56:26,680
Speaker 1: the best, and I'm going to keep being a work

1088
00:56:26,680 --> 00:56:35,600
Speaker 1: in progress for you. Tune in next week for another

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Speaker 1: episode of Strictly Business