1 00:00:02,400 --> 00:00:08,280 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. Back to the main stage, 2 00:00:08,280 --> 00:00:10,720 Speaker 1: our Lucas Shaw up there on the stage, the CEO 3 00:00:10,720 --> 00:00:11,600 Speaker 1: of the American. 4 00:00:11,240 --> 00:00:13,400 Speaker 2: Division of HI. We're talking about Scooter Braun. 5 00:00:13,480 --> 00:00:16,160 Speaker 1: Let's listening. A lot has happened with you in the 6 00:00:16,239 --> 00:00:17,560 Speaker 1: last couple of years, and that's sort of where I 7 00:00:17,600 --> 00:00:18,040 Speaker 1: want to start. 8 00:00:18,079 --> 00:00:18,279 Speaker 2: Really. 9 00:00:18,440 --> 00:00:22,200 Speaker 1: Yeah, just a little bit, because there's been a lot 10 00:00:22,280 --> 00:00:25,079 Speaker 1: of coverage of Okay, all your clients are firing you. 11 00:00:26,760 --> 00:00:28,280 Speaker 1: We won't touch your personal life, but I know a 12 00:00:28,320 --> 00:00:32,400 Speaker 1: bun just happened there. You sold your company. You haven't 13 00:00:32,520 --> 00:00:36,199 Speaker 1: said a ton about it, and I'm curious, what is 14 00:00:36,280 --> 00:00:38,880 Speaker 1: your take? Did a bunch of your clients fire you 15 00:00:39,000 --> 00:00:40,280 Speaker 1: in the span of a couple of months, or what 16 00:00:40,440 --> 00:00:41,800 Speaker 1: happened with Arity three? 17 00:00:41,880 --> 00:00:44,000 Speaker 2: Fired me in the exact same day? Yeah? 18 00:00:44,080 --> 00:00:48,080 Speaker 1: Now, what happened with Arianna with Justin with listen? 19 00:00:48,200 --> 00:00:51,040 Speaker 2: I actually a year after it happened. 20 00:00:51,080 --> 00:00:54,800 Speaker 3: I for contractual reasons, I wasn't allowed to say certain things, 21 00:00:55,920 --> 00:00:58,720 Speaker 3: but I wrote something called twenty three years I posted 22 00:00:58,760 --> 00:01:01,720 Speaker 3: on social media. It was my words, and I kind 23 00:01:01,760 --> 00:01:04,840 Speaker 3: of explained why I made a decision to not manage 24 00:01:04,959 --> 00:01:09,440 Speaker 3: musicians after twenty three years, and that it actually happened 25 00:01:09,600 --> 00:01:12,760 Speaker 3: about a year earlier, but you know, we're running a 26 00:01:12,800 --> 00:01:14,760 Speaker 3: big company and there's things that we needed to handle, 27 00:01:14,840 --> 00:01:16,959 Speaker 3: so I didn't feel like it was the right time. 28 00:01:18,640 --> 00:01:20,000 Speaker 2: And simply. 29 00:01:21,800 --> 00:01:23,920 Speaker 3: Twenty three years of my life, from nineteen years old 30 00:01:24,440 --> 00:01:27,120 Speaker 3: to into my forties, I only knew being a music manager. 31 00:01:27,600 --> 00:01:30,480 Speaker 3: Twenty four to seven, seven days a week, every vacation, 32 00:01:31,200 --> 00:01:32,399 Speaker 3: every holiday. 33 00:01:32,120 --> 00:01:32,679 Speaker 2: I was on call. 34 00:01:32,720 --> 00:01:35,200 Speaker 3: And I wasn't on call to one big artist. I 35 00:01:35,280 --> 00:01:37,320 Speaker 3: was on call to a lot of big artists. And 36 00:01:37,720 --> 00:01:40,000 Speaker 3: for a large part of my life, I really loved it. 37 00:01:41,200 --> 00:01:45,600 Speaker 3: But then I had three kids and I went through 38 00:01:45,600 --> 00:01:47,760 Speaker 3: a divorce, and anyone who's been through a divorce with 39 00:01:47,880 --> 00:01:49,120 Speaker 3: children knows that. 40 00:01:49,160 --> 00:01:50,480 Speaker 2: It is not an easy situation. 41 00:01:52,080 --> 00:01:55,240 Speaker 3: And I really looked back at my life and realized that, 42 00:01:56,120 --> 00:01:58,080 Speaker 3: you know, you can point fingers in a divorce and say, oh, 43 00:01:58,120 --> 00:02:00,160 Speaker 3: this happened, This happened, but you play a role in it. 44 00:02:00,320 --> 00:02:02,680 Speaker 3: And that's why me and my ex wife are partners. 45 00:02:02,720 --> 00:02:05,080 Speaker 3: With these three children, we put them first, and my 46 00:02:05,280 --> 00:02:08,079 Speaker 3: role was I wasn't present. I was a manager twenty 47 00:02:08,080 --> 00:02:10,120 Speaker 3: four to seven, and even though I was home, I 48 00:02:10,280 --> 00:02:12,560 Speaker 3: wasn't being there the way I should and it led 49 00:02:12,560 --> 00:02:14,160 Speaker 3: to a divorce, and I realized I might have lost 50 00:02:14,160 --> 00:02:16,400 Speaker 3: the marriage. I wasn't going to lose my kids, and 51 00:02:16,520 --> 00:02:18,600 Speaker 3: I decided that I wanted to step away from it 52 00:02:18,680 --> 00:02:22,560 Speaker 3: and focus on other things. And now I have three 53 00:02:22,600 --> 00:02:24,639 Speaker 3: of the best clients in the world and that's my focus. 54 00:02:27,040 --> 00:02:28,919 Speaker 3: But then, yeah, there was a lot of noise because 55 00:02:28,960 --> 00:02:31,960 Speaker 3: no one actually thought you would want to step away 56 00:02:32,000 --> 00:02:35,239 Speaker 3: from that. But how did you communicate that to the 57 00:02:35,880 --> 00:02:38,080 Speaker 3: clients that you were working with. Well, one of them 58 00:02:38,280 --> 00:02:40,720 Speaker 3: I wrote about this. One of them approached me and said, Hey, 59 00:02:40,720 --> 00:02:42,080 Speaker 3: I think I want to try something new. And at 60 00:02:42,080 --> 00:02:44,040 Speaker 3: first I was kind of hurt because we've been through 61 00:02:44,040 --> 00:02:47,200 Speaker 3: so much together. But then I realized I was already 62 00:02:47,240 --> 00:02:49,200 Speaker 3: heading in this direction for the last couple of years anyway, 63 00:02:49,960 --> 00:02:52,440 Speaker 3: and I think you make plans and then the universe 64 00:02:52,560 --> 00:02:56,280 Speaker 3: kind of shows you what you need. And I realized 65 00:02:56,320 --> 00:02:58,920 Speaker 3: it was actually a gift and it wasn't about one client, 66 00:02:58,919 --> 00:03:00,919 Speaker 3: it was about all. So I started picking up the 67 00:03:00,960 --> 00:03:03,720 Speaker 3: phone and having the conversations and some went well, some 68 00:03:03,880 --> 00:03:07,760 Speaker 3: took a couple more conversations. But I'm grateful for all 69 00:03:07,840 --> 00:03:11,280 Speaker 3: those years. I lived a very unique life doing that. 70 00:03:11,480 --> 00:03:13,720 Speaker 3: I was a part of the journeys of the most 71 00:03:13,720 --> 00:03:16,720 Speaker 3: successful and incredibly talented people in the world, and now 72 00:03:16,800 --> 00:03:18,560 Speaker 3: I get to root from them in a different capacity. 73 00:03:18,880 --> 00:03:21,760 Speaker 1: How does how does the relationship like, take someone like Beeber, 74 00:03:21,840 --> 00:03:25,320 Speaker 1: you take him from nothing. You guys are do the 75 00:03:25,360 --> 00:03:27,639 Speaker 1: whole ride up together? Like, how does that relationship work? 76 00:03:27,720 --> 00:03:28,880 Speaker 2: Now root for each other? 77 00:03:29,280 --> 00:03:30,720 Speaker 3: I mean it's you get to a point where you 78 00:03:30,840 --> 00:03:35,160 Speaker 3: just say, we built this legacy alongside each other. 79 00:03:35,280 --> 00:03:36,920 Speaker 2: And now he's a father, he has. 80 00:03:36,840 --> 00:03:39,480 Speaker 3: An opportunity to continue doing you know, the things he 81 00:03:39,600 --> 00:03:40,960 Speaker 3: loves to do, and I'm going to be rooting for 82 00:03:41,040 --> 00:03:41,280 Speaker 3: him for the. 83 00:03:41,280 --> 00:03:41,880 Speaker 2: Rest of his career. 84 00:03:44,120 --> 00:03:47,000 Speaker 1: So, Hi, buy your company. About three years ago we 85 00:03:47,080 --> 00:03:49,320 Speaker 1: had the we had we had Bang here last year. 86 00:03:49,760 --> 00:03:51,200 Speaker 1: A lot of people, I think thought you would have 87 00:03:51,280 --> 00:03:56,400 Speaker 1: left by now, so did our chairman? Why have you 88 00:03:56,440 --> 00:03:58,680 Speaker 1: stuck around? I guess what are you doing now if 89 00:03:58,720 --> 00:04:00,960 Speaker 1: you are not managed artists? 90 00:04:02,640 --> 00:04:03,600 Speaker 2: A couple of things. 91 00:04:05,360 --> 00:04:07,640 Speaker 3: When Chairman Bang and I met, he's the chairman of 92 00:04:07,720 --> 00:04:10,840 Speaker 3: Hive and he's a very unique individual. This is someone 93 00:04:11,000 --> 00:04:13,760 Speaker 3: who was one of the biggest music producers in all 94 00:04:13,800 --> 00:04:16,280 Speaker 3: of Asia, and at the height of his career in Asia, 95 00:04:16,320 --> 00:04:18,480 Speaker 3: he came to the United States to have meetings with 96 00:04:18,600 --> 00:04:21,320 Speaker 3: A and RS and presidents of labels here to discuss 97 00:04:21,520 --> 00:04:24,480 Speaker 3: his ideas. And one of these meetings they had him 98 00:04:24,480 --> 00:04:27,120 Speaker 3: wait in the lobby for three hours and then told him, 99 00:04:27,120 --> 00:04:29,080 Speaker 3: I'm sorry, we have another meeting and canceled on him. 100 00:04:29,880 --> 00:04:32,160 Speaker 3: And instead of having an ego or getting upset, he goes, 101 00:04:32,160 --> 00:04:33,560 Speaker 3: you know, and I'm going to go back home and 102 00:04:33,720 --> 00:04:37,480 Speaker 3: I'm going to build this industry myself so that when 103 00:04:37,480 --> 00:04:38,960 Speaker 3: I come back here, I don't need to ask for 104 00:04:39,040 --> 00:04:41,600 Speaker 3: these meetings. And if you look at the groups, including 105 00:04:41,640 --> 00:04:44,800 Speaker 3: BTS that he was able to create and produce and 106 00:04:44,880 --> 00:04:49,600 Speaker 3: develop and continually do so, he's actually brilliant. And I 107 00:04:50,240 --> 00:04:52,840 Speaker 3: had admired his work for some time. He knew about 108 00:04:52,839 --> 00:04:56,200 Speaker 3: the stuff I had done, and he reached out to 109 00:04:56,240 --> 00:04:58,280 Speaker 3: me and said, can we have conversations, And the first 110 00:04:58,400 --> 00:05:02,640 Speaker 3: four conversations that's when the last one happened about the purchase. 111 00:05:03,279 --> 00:05:06,200 Speaker 3: He said that in the East, we have conversations about 112 00:05:06,240 --> 00:05:08,760 Speaker 3: what we're going to do. He goes, too many times 113 00:05:08,760 --> 00:05:10,120 Speaker 3: when I talk to people in the West, they talk 114 00:05:10,160 --> 00:05:12,400 Speaker 3: about just the transaction, just the deal, not what we're 115 00:05:12,440 --> 00:05:14,960 Speaker 3: going to do. He goes, all four conversations we've had 116 00:05:15,000 --> 00:05:17,400 Speaker 3: We've talked about culture, We've talked about philosophy, we've talked 117 00:05:17,400 --> 00:05:20,080 Speaker 3: about meditation, we've talked about music, we've talked about family. 118 00:05:20,560 --> 00:05:22,760 Speaker 3: He goes, I want to do this with you, and 119 00:05:22,839 --> 00:05:24,640 Speaker 3: no matter what we find, we'll go through it together. 120 00:05:25,880 --> 00:05:28,760 Speaker 3: We signed up and we did a five year deal. 121 00:05:29,560 --> 00:05:31,440 Speaker 3: And the reason I'm still here because you're right, and 122 00:05:31,600 --> 00:05:33,680 Speaker 3: those deals usually vest out at a certain point, and 123 00:05:34,160 --> 00:05:35,680 Speaker 3: my deal was pretty much upfront. 124 00:05:37,600 --> 00:05:40,640 Speaker 2: I gave my word, and I really enjoy him. 125 00:05:40,680 --> 00:05:42,240 Speaker 3: I think he's a visionary and I think your words 126 00:05:42,240 --> 00:05:44,000 Speaker 3: should mean more than just the deal that you do 127 00:05:44,120 --> 00:05:46,120 Speaker 3: on paper. And I told him I'd be there for 128 00:05:46,200 --> 00:05:48,040 Speaker 3: five years, and I'm going to do that. And the 129 00:05:48,120 --> 00:05:51,240 Speaker 3: exciting part is we've developed such a relationship that now 130 00:05:51,279 --> 00:05:53,480 Speaker 3: we're talking about extending that and being there longer, and 131 00:05:53,520 --> 00:05:54,360 Speaker 3: I'm looking forward to it. 132 00:05:55,480 --> 00:05:57,120 Speaker 2: And is that being focused? 133 00:05:57,200 --> 00:05:59,919 Speaker 1: Like, are you because you're the CEO of hYP America, right, 134 00:06:00,000 --> 00:06:02,440 Speaker 1: how much of your time are you spending on taking 135 00:06:02,680 --> 00:06:05,440 Speaker 1: big Korean acts and bringing them here or bringing them 136 00:06:05,480 --> 00:06:06,840 Speaker 1: around the world, And how much of it are you 137 00:06:06,880 --> 00:06:09,440 Speaker 1: spending on developing acts here that have nothing to do 138 00:06:09,600 --> 00:06:10,200 Speaker 1: with Korea. 139 00:06:11,279 --> 00:06:12,320 Speaker 2: It's about fifty to fifty. 140 00:06:12,400 --> 00:06:14,760 Speaker 3: And also, you know, if you look at our strategy, 141 00:06:15,520 --> 00:06:19,600 Speaker 3: we purchased QC, which is, you know, the biggest independent 142 00:06:19,640 --> 00:06:22,120 Speaker 3: hip hop label in the country. We had big machine 143 00:06:22,200 --> 00:06:25,359 Speaker 3: from Ithaca when we brought it over. So we're going 144 00:06:25,440 --> 00:06:27,760 Speaker 3: to you know, go out and find other companies that 145 00:06:27,839 --> 00:06:29,840 Speaker 3: make sense for us and other assets that make sense. 146 00:06:30,480 --> 00:06:32,840 Speaker 3: We also launched High two point zero, which allows us 147 00:06:32,880 --> 00:06:36,600 Speaker 3: to create a distribution system for independent labels because of 148 00:06:36,640 --> 00:06:39,200 Speaker 3: our distribution deal with Universal, a ten year deal that 149 00:06:39,520 --> 00:06:40,679 Speaker 3: puts us a unique position. 150 00:06:41,279 --> 00:06:42,920 Speaker 2: And then you know, you look at. 151 00:06:42,839 --> 00:06:47,040 Speaker 3: Weavers, which is our large platform for fan engagement for 152 00:06:47,120 --> 00:06:49,080 Speaker 3: super fans, which is the biggest in the world and 153 00:06:49,080 --> 00:06:51,320 Speaker 3: the biggest in Asia. A lot of people don't realize this, 154 00:06:51,400 --> 00:06:54,039 Speaker 3: but thirty percent of our revenue is actually from North America. 155 00:06:54,680 --> 00:06:57,839 Speaker 3: So you know, now we've introduced Ariana Grande to that platform. 156 00:06:57,880 --> 00:07:00,520 Speaker 3: We introduced kid Leroy this week. You know, you're starting 157 00:07:00,560 --> 00:07:02,680 Speaker 3: to see a lot of you know, acts from the 158 00:07:02,760 --> 00:07:06,640 Speaker 3: West joining and it makes sense because you see acts 159 00:07:06,800 --> 00:07:09,159 Speaker 3: from the East coming here and they're selling out arenas 160 00:07:09,360 --> 00:07:11,920 Speaker 3: day one and if everyone's asking why, and it's because 161 00:07:11,960 --> 00:07:15,400 Speaker 3: of that opportunity to talk directly to the fans on weavers. 162 00:07:15,200 --> 00:07:21,960 Speaker 1: Right, I'm curious setting aside reverse Like the last decade plus, 163 00:07:22,280 --> 00:07:24,640 Speaker 1: I feel like a lot of people were finding artists 164 00:07:24,680 --> 00:07:29,080 Speaker 1: on YouTube, then they're finding artists on TikTok. Where do 165 00:07:29,200 --> 00:07:32,200 Speaker 1: you or where do people you work with discover new 166 00:07:32,320 --> 00:07:33,040 Speaker 1: artists right now? 167 00:07:34,560 --> 00:07:37,400 Speaker 3: So I can give the nice answer and you know, 168 00:07:37,480 --> 00:07:40,800 Speaker 3: but I'm going to give the real answer. You know, 169 00:07:40,960 --> 00:07:43,400 Speaker 3: when when we're talking to people, there's still A and rs, 170 00:07:43,400 --> 00:07:45,560 Speaker 3: there's still scouts. They're going out there and they're finding stuff. 171 00:07:45,600 --> 00:07:48,600 Speaker 3: There's still people looking on TikTok and on YouTube and 172 00:07:48,840 --> 00:07:51,440 Speaker 3: you might see something and you know, part of it is, 173 00:07:51,800 --> 00:07:53,880 Speaker 3: you know, true development, like we just did with our 174 00:07:53,880 --> 00:07:55,840 Speaker 3: group Cats Eye, which we developed them, we did a 175 00:07:55,880 --> 00:07:58,600 Speaker 3: show on Netflix and now we've launched them. But the 176 00:07:58,680 --> 00:08:01,120 Speaker 3: thing I'm most excited about is what's to come. And 177 00:08:01,160 --> 00:08:03,440 Speaker 3: the reason I say that is I'm forty three years old. 178 00:08:04,320 --> 00:08:07,360 Speaker 3: When I found Justin, I was twenty four about to 179 00:08:07,400 --> 00:08:11,440 Speaker 3: be twenty five. I was native to technology that was 180 00:08:11,480 --> 00:08:12,240 Speaker 3: around at that time. 181 00:08:12,440 --> 00:08:13,240 Speaker 2: I was a young guy. 182 00:08:13,360 --> 00:08:16,000 Speaker 3: I understood what my peers wanted, I understood what was 183 00:08:16,040 --> 00:08:18,280 Speaker 3: missing in the marketplace, and I understood how to use 184 00:08:18,400 --> 00:08:20,480 Speaker 3: the social media in a way that made sense to 185 00:08:20,640 --> 00:08:23,960 Speaker 3: my peers. So, for example, Twitter at the time was 186 00:08:24,160 --> 00:08:27,080 Speaker 3: just celebrities talking to other celebrities on the suggested user list, 187 00:08:27,680 --> 00:08:30,720 Speaker 3: and I was like, well, this feels very voyeuristic. You know, 188 00:08:31,320 --> 00:08:33,560 Speaker 3: I don't want to just watch someone talk to someone else. 189 00:08:33,880 --> 00:08:34,680 Speaker 2: I want to engage. 190 00:08:34,720 --> 00:08:37,400 Speaker 3: And Justin was the first person to cross a million 191 00:08:37,679 --> 00:08:40,679 Speaker 3: followers on Twitter that wasn't on the suggested user list 192 00:08:40,720 --> 00:08:43,000 Speaker 3: because we actually engaged with the fans. We created fame 193 00:08:43,280 --> 00:08:46,439 Speaker 3: groups like belieber Babes and bieber Army and all these 194 00:08:46,880 --> 00:08:47,319 Speaker 3: you know things. 195 00:08:47,360 --> 00:08:49,400 Speaker 2: The names are amazing. I know, you guys can giggle, 196 00:08:49,440 --> 00:08:49,840 Speaker 2: It's okay. 197 00:08:51,240 --> 00:08:53,959 Speaker 3: And actually a lot of the people who ran those 198 00:08:54,000 --> 00:08:58,320 Speaker 3: accounts are now executives in the music industry. Jackie Augustus 199 00:08:58,440 --> 00:09:00,760 Speaker 3: is a very big executive and she used to run 200 00:09:00,800 --> 00:09:03,240 Speaker 3: Bieber Army back in the day and when she was 201 00:09:03,320 --> 00:09:08,640 Speaker 3: like sixteen. So what I'm waiting for is that next kid, 202 00:09:09,240 --> 00:09:12,280 Speaker 3: that next kid who's in their twenties or even a 203 00:09:12,400 --> 00:09:16,280 Speaker 3: teenager who understands who's native to the technology and realizes 204 00:09:16,360 --> 00:09:18,599 Speaker 3: how to use that the AI that's coming all the 205 00:09:18,640 --> 00:09:21,360 Speaker 3: different things in a way that myself and Bang and 206 00:09:21,440 --> 00:09:24,480 Speaker 3: my peers just don't because it is a youth driven industry. 207 00:09:24,600 --> 00:09:27,480 Speaker 3: So when I meet people or their young artists, they go, hey, 208 00:09:27,559 --> 00:09:29,400 Speaker 3: what do you think I should do? My response is 209 00:09:29,480 --> 00:09:32,520 Speaker 3: usually stop worrying about getting to people like me. You 210 00:09:32,640 --> 00:09:35,280 Speaker 3: have all the resources to get to the audience directly, 211 00:09:35,400 --> 00:09:38,160 Speaker 3: and your peers develop with them. So when you say 212 00:09:38,720 --> 00:09:41,880 Speaker 3: how do we do it, it's going to be self discovery. 213 00:09:42,240 --> 00:09:44,240 Speaker 3: I just don't know how the next generation is going 214 00:09:44,320 --> 00:09:45,839 Speaker 3: to do it because for my dad it was vinyl, 215 00:09:46,440 --> 00:09:49,959 Speaker 3: you know, for me it was mixtapes for someone else, 216 00:09:50,000 --> 00:09:50,400 Speaker 3: who knows? 217 00:09:50,679 --> 00:09:50,760 Speaker 2: Right? 218 00:09:51,760 --> 00:09:53,920 Speaker 1: Do you as a result of that, do you feel 219 00:09:54,160 --> 00:09:56,800 Speaker 1: the balance of power in the music industry has shifted 220 00:09:57,080 --> 00:09:59,200 Speaker 1: more to the artists than when you started. 221 00:10:00,480 --> 00:10:02,640 Speaker 3: I think it's shifted to the artists, but there'll always 222 00:10:02,840 --> 00:10:07,559 Speaker 3: need to be those teams or people that give their 223 00:10:07,600 --> 00:10:10,640 Speaker 3: all in their heart alongside the artists to develop talent, 224 00:10:11,200 --> 00:10:16,080 Speaker 3: to understand the marketplace. And you know, that's what's exciting 225 00:10:16,480 --> 00:10:19,640 Speaker 3: because I kind of like where I am in my life. 226 00:10:19,679 --> 00:10:22,480 Speaker 3: I've never been so uncertain about what's gonna happen in 227 00:10:22,559 --> 00:10:24,240 Speaker 3: my life in the next five years. But I've never 228 00:10:24,280 --> 00:10:26,920 Speaker 3: felt so at ease with being uncertain and I think 229 00:10:26,960 --> 00:10:28,600 Speaker 3: the industry is in a very similar place. 230 00:10:28,840 --> 00:10:29,000 Speaker 2: Right. 231 00:10:29,200 --> 00:10:31,000 Speaker 1: Well, I would imagine a lot of money helps with that. 232 00:10:31,559 --> 00:10:39,480 Speaker 1: But I'm I'm just the best. I'm curious if you 233 00:10:39,559 --> 00:10:42,320 Speaker 1: were starting a a a new company today management whatever, 234 00:10:42,360 --> 00:10:43,920 Speaker 1: I know you don't you don't wanna manage it anymore? 235 00:10:45,080 --> 00:10:46,840 Speaker 1: Is there who is an artist out there? Like if 236 00:10:46,840 --> 00:10:48,520 Speaker 1: you could just pick one and you I'm gonna build 237 00:10:48,520 --> 00:10:49,959 Speaker 1: around you, who would you pick? 238 00:10:52,120 --> 00:10:52,320 Speaker 2: Ah? 239 00:10:53,960 --> 00:10:55,240 Speaker 3: I don't know cause I haven't really been in that 240 00:10:55,360 --> 00:10:57,839 Speaker 3: space of like, you know, finding the next one. 241 00:11:00,920 --> 00:11:02,319 Speaker 1: Well, it doesn't have to be the next one. It 242 00:11:02,360 --> 00:11:04,959 Speaker 1: can be it can be a huge star. Now, Like 243 00:11:05,040 --> 00:11:06,880 Speaker 1: who is someone now where you look at them and 244 00:11:06,880 --> 00:11:09,320 Speaker 1: they're already a star and you feel like their earnings 245 00:11:09,360 --> 00:11:11,920 Speaker 1: are over the next twenty thirty years or they're potential 246 00:11:11,960 --> 00:11:13,760 Speaker 1: of where they could go at their career is something that. 247 00:11:13,760 --> 00:11:14,679 Speaker 2: You want to be involved with. 248 00:11:19,200 --> 00:11:20,800 Speaker 3: I'm gonna give you the sound but you're looking for 249 00:11:20,920 --> 00:11:23,400 Speaker 3: cause I just can't help myself and the PR team's 250 00:11:23,400 --> 00:11:28,480 Speaker 3: gonna be like what I think the artist that's you know, 251 00:11:28,520 --> 00:11:31,679 Speaker 3: it's one that you should always bet on and is 252 00:11:31,679 --> 00:11:33,959 Speaker 3: already a huge star and you can always bet on 253 00:11:34,040 --> 00:11:35,960 Speaker 3: because they want it all the time, and they they 254 00:11:36,080 --> 00:11:38,800 Speaker 3: do what it takes to be you know, present and 255 00:11:38,880 --> 00:11:41,760 Speaker 3: relative all the time. Is Taylor Swift, I. 256 00:11:41,880 --> 00:11:44,000 Speaker 1: Was actually not thinking you were gonna say that, but 257 00:11:44,640 --> 00:11:48,600 Speaker 1: it's it's an obvious answer, but I you. 258 00:11:48,640 --> 00:11:50,439 Speaker 3: Know, I I also love that what we're doing with 259 00:11:50,520 --> 00:11:55,120 Speaker 3: our group Cat's Eye. I love uh Teddy Swims. I 260 00:11:55,200 --> 00:12:01,520 Speaker 3: love great voices like that. I love like Benson Moone. 261 00:12:01,520 --> 00:12:03,120 Speaker 3: I saw him perform the other day and that was 262 00:12:03,160 --> 00:12:07,240 Speaker 3: really impressive. Zach Brian is doing incredible stuff. So there's 263 00:12:07,440 --> 00:12:09,599 Speaker 3: you know, the fun part about it is everyone you know, 264 00:12:09,679 --> 00:12:12,080 Speaker 3: there's a huge opportunity coming with AI and it's going 265 00:12:12,160 --> 00:12:14,480 Speaker 3: to change the music industry the same way pro tools. 266 00:12:14,520 --> 00:12:14,640 Speaker 2: Did. 267 00:12:14,679 --> 00:12:18,160 Speaker 3: You know when pro tools came along, people said, what 268 00:12:18,400 --> 00:12:20,720 Speaker 3: is this? We need live instruments and you realize it's 269 00:12:20,760 --> 00:12:23,440 Speaker 3: a tool to create more music. And I think AI 270 00:12:23,559 --> 00:12:25,920 Speaker 3: is going to do the same thing. But there's always 271 00:12:26,040 --> 00:12:29,839 Speaker 3: going to be a need for both human emotion and 272 00:12:30,040 --> 00:12:30,720 Speaker 3: human error. 273 00:12:31,400 --> 00:12:32,959 Speaker 2: You know, if we want to watch the Great. 274 00:12:37,080 --> 00:12:39,360 Speaker 1: All right, that of course is our Lucas Shaw with 275 00:12:39,480 --> 00:12:41,600 Speaker 1: Scooter Ball and see you have the American division of HAIG. 276 00:12:41,679 --> 00:12:44,320 Speaker 2: I'm guessing that Taylor Swift comment might make a few headlines. 277 00:12:44,440 --> 00:12:46,400 Speaker 1: Look on's Twitter right now, see who's chatting about it, 278 00:12:46,520 --> 00:12:49,000 Speaker 1: because yeah, lots of people following. 279 00:12:48,800 --> 00:12:50,439 Speaker 2: These interviews from Bloomberg screen Time. 280 00:12:50,440 --> 00:12:52,839 Speaker 1: You can see the latest at live Go on Bloomberg Terminal, 281 00:12:52,880 --> 00:12:55,040 Speaker 1: and also catch the latest at bloomberg dot com slash 282 00:12:55,080 --> 00:12:55,600 Speaker 1: screen Time