Latest / Promoter101 / Promoter 101 # 248 - Sean Healy Presents' founder Sean Healy
Transcript
- 0:10Speaker 1: All right.
- 0:22Speaker 2: Promoter 101.
- 0:25Speaker 3: Promoter 101.
- 0:27Speaker 2: Discussion.
- 0:28Speaker 4: It's the heart of the matter.
- 0:29Speaker 2: Serving up opinions on a silver platter. It's a grind.
- 0:32Speaker 2: The information getting, bringing you got so hot you'll be sweating.
- 0:36Speaker 3: These two dudes with attitudes will put you in the
- 0:39Speaker 3: mood for a plate full of brain food.
- 0:40Speaker 2: So don't delay my daughter, my son. Visit the buffet
- 0:44Speaker 2: called Promoter 101. Promoter.
- 1:24Speaker 5: Welcome back to the Promoter 101 podcast. I'm Luke Pierce,
- 1:28Speaker 5: joined by my good friend Dan Steinberg. Excited for this
- 1:31Speaker 5: very special pop-up episode where we're going to sit down
- 1:33Speaker 5: with Sean Healy, the founder of Sean Healy Presents, to
- 1:36Speaker 5: celebrate the company's remarkable 30-year legacy in the live entertainment business.
- 1:41Speaker 1: Normally we do one episode a month.
- 1:42Speaker 3: This month, throwing you an extra one, just because it's
- 1:46Speaker 3: Sean Healy's 30th anniversary of promoting and That seems special
- 1:50Speaker 3: to us like a landmark. So he's here. Plus, we're
- 1:53Speaker 3: going to break down the industry news and.
- 1:55Speaker 1: All that's going on.
- 1:56Speaker 4: Promoter 101 podcast starting right now. This is Alex Hodges
- 2:02Speaker 4: with Needlelander Concerts, and I'm here with Promoter 101.
- 2:06Speaker 3: Want more Promoter 101? Check out all our past episodes
- 2:09Speaker 3: anytime you want at promoter101.
- 2:10Speaker 1: Com.
- 2:12Speaker 3: And Sean Haley was on episode 52. So if you're
- 2:14Speaker 3: interested in the backstory of Sean's past and how it started,
- 2:18Speaker 3: pop back to episode 52 where we did a deep
- 2:20Speaker 3: dive on his early days and.
- 2:22Speaker 1: Philosophies in the business as well. And catch up eight
- 2:24Speaker 1: years later on seeing what he's doing now.
- 2:26Speaker 5: Episode 52, a great one. Not only Sean on there,
- 2:28Speaker 5: Nick Storch. There's a ton of past guests, a ton
- 2:31Speaker 5: of great things in our old podcasts.
- 2:33Speaker 4: Got something on your mind? Maybe some questions, ideas, feedback?
- 2:36Speaker 4: Drop us a line at steinepromoter101.
- 2:37Speaker 3: Net. And of course, we're on X. Follow us at promoter101.
- 2:43Speaker 3: I am at the Jew, and Luke is wlukepears. On Instagram,
- 2:48Speaker 3: the show is steinepromoter101. I'm danpresents, and Luke is at wlukepears.com.
- 2:57Speaker 2: This is Alex Hardy, one of the partners at Coda,
- 2:59Speaker 2: and I'm on Promoter 101.
- 3:01Speaker 3: Luke, shall we do a little news, like a deep dive,
- 3:04Speaker 3: open up the engine of the industry, and just make
- 3:07Speaker 3: sure that everything's all running smooth?
- 3:09Speaker 5: Let's indeed break it down, Dan. Got a couple stories
- 3:12Speaker 5: to talk about this week, but first, I want to
- 3:14Speaker 5: talk about money, Dan. Digital Music News ran some numbers
- 3:18Speaker 5: on a September 4th report this year for music industry
- 3:20Speaker 5: funding across the months of July and August. The core
- 3:23Speaker 5: idea here was that $ 99. 7 million were funded in that window,
- 3:27Speaker 5: just five deals. Across the same window the year prior.
- 3:32Speaker 4: $ 6. 4 billion.
- 3:33Speaker 5: That's 98.5% collapse year over year. And if you just
- 3:36Speaker 5: read the headline, you'd think that funding's on fire. But
- 3:39Speaker 5: when you look at the composition of that $ 6. 4 billion
- 3:42Speaker 5: last year, 6.23 billion of it, so basically all of it,
- 3:47Speaker 5: was catalog acquisitions and commitments. That's not really venture money.
- 3:50Speaker 5: That's not somebody funding a company. That's really like debt
- 3:54Speaker 5: against royalty streams. So the honest read isn't like capital
- 3:57Speaker 5: has fled music, our hair's on fire, but the honest
- 4:00Speaker 5: read should be maybe the securitization window has closed and
- 4:03Speaker 5: nobody wants to talk about that.
- 4:05Speaker 4: So here's my take.
- 4:05Speaker 5: If you're a catalog seller sitting on a deal that
- 4:07Speaker 5: you've been shopping since spring, that number's your problem, it's
- 4:10Speaker 5: not mine. But if you're on the live side, The
- 4:12Speaker 5: money didn't leave at all. It just stopped buying songs
- 4:14Speaker 5: and started buying companies. There's two deals in that window
- 4:17Speaker 5: that prove it. Earlier in August, KKR took a minority
- 4:20Speaker 5: stake in Book My Show, which is India's dominant ticketing
- 4:23Speaker 5: company and live entertainment platform.
- 4:25Speaker 4: They didn't disclose terms.
- 4:26Speaker 5: Now, KKR already owns Superstruct, which is roughly 80 festivals
- 4:30Speaker 5: all across Europe. Those two positions side by side. It's
- 4:34Speaker 5: one of the biggest private equity players in live entertainment.
- 4:36Speaker 5: Now owns a festival supply in Europe and a piece
- 4:39Speaker 5: of the ticketing rail and the largest untapped live market
- 4:42Speaker 5: on earth in India. And I don't think enough people
- 4:44Speaker 5: are connecting those dots. And I think that's one of
- 4:46Speaker 5: the most important ownership developments of the month. And it
- 4:48Speaker 5: got a day, maybe a day of coverage on it.
- 4:51Speaker 5: Not nearly enough here. And then there was another deal
- 4:53Speaker 5: at the top of September. And I love this one
- 4:54Speaker 5: because Peter Schwenkow is back. That's the founder of DEAG.
- 4:59Speaker 5: He's teamed up with a Swiss private equity company, and
- 5:01Speaker 5: they're building a pan-European live and family entertainment group with
- 5:05Speaker 5: up to 100 million euros of equity to deploy. That's
- 5:08Speaker 5: about $ 115 million in today's trading. IQ had that story first. Now,
- 5:13Speaker 5: to think about what he's actually doing, Schoenkau sold his company.
- 5:17Speaker 5: He knows exactly what it feels like to be the
- 5:19Speaker 5: midsize indie promoter staring across the table at Live Nation,
- 5:23Speaker 5: at AEG, at Superstruct. And now he's coming back specifically
- 5:26Speaker 5: to buy into that tier. The guys in the middle
- 5:28Speaker 5: who are too big to be nimble and too small
- 5:30Speaker 5: to compete on guarantees. So here's the question I put, Dan,
- 5:34Speaker 5: maybe to any independent promoter listening. When that guy shows up,
- 5:38Speaker 5: is he your exit or is he your competition? Because
- 5:40Speaker 5: I think the last decade consolidation in this business has
- 5:42Speaker 5: meant one of three companies is calling you.
- 5:44Speaker 4: Maybe Schwenkow being a fourth in the phone now.
- 5:47Speaker 5: So, you know, having been a part of a roll-up, Dan,
- 5:49Speaker 5: here and kind of seeing kind of a slowing the
- 5:51Speaker 5: catalog acquisition side, but some movement, some tingle happening.
- 5:54Speaker 4: In a live space.
- 5:55Speaker 5: What do you think about that when you see these
- 5:57Speaker 5: roll-up guys knocking on people's doors?
- 6:00Speaker 3: I think that it's opportunity and it's capital, and whenever
- 6:05Speaker 3: there is new money coming into the game, people that
- 6:08Speaker 3: have been in the space for a long time have
- 6:10Speaker 3: the ability to cash out, and that's lifetime and generational
- 6:14Speaker 3: wealth for your family, and it's security. Your kids can
- 6:19Speaker 3: go to college, and you can pay off your house,
- 6:21Speaker 3: and you can get out of debt.
- 6:23Speaker 1: It's opportunities.
- 6:24Speaker 5: What do you feel about like just general consolidation in, uh,
- 6:27Speaker 5: in the live entertainment space?
- 6:28Speaker 3: There's been a handful of acquisitions for COVID. There was
- 6:32Speaker 3: a break after that, but it wasn't anything like it
- 6:36Speaker 3: was around the time where we got brought into live
- 6:39Speaker 3: nation as Emporium, you know, the Frank brothers had just
- 6:43Speaker 3: been bought before us. He three had bought been before that,
- 6:47Speaker 3: but there was this perpetual line of, you knew who
- 6:49Speaker 3: was next. It was, it wasn't a matter of wasn't pouring.
- 6:52Speaker 2: I'm going to sell.
- 6:53Speaker 3: It was who we were going to sell to and when,
- 6:55Speaker 3: but it was very clear. We were going to be
- 6:58Speaker 3: one of the next ones to go. And we were
- 6:59Speaker 3: talking to everybody at that point. So I think it's
- 7:03Speaker 3: never a question of who's going to sell to who.
- 7:06Speaker 3: It's more a question of who's next. And you kind
- 7:09Speaker 3: of get an idea of who's doing the business, whose
- 7:13Speaker 3: model makes sense. Because it doesn't matter what the multiplier is.
- 7:16Speaker 3: If you're not making real money, it doesn't matter what
- 7:18Speaker 3: you multiply it by. It's not worth anything. Your company
- 7:21Speaker 3: has to be doing a certain level of net return
- 7:25Speaker 3: on ROI to possibly get a multiplier that makes sense.
- 7:30Speaker 3: So if your company's making 200 grand a year, you're
- 7:32Speaker 3: not ready to sell yet. Like you really want to
- 7:35Speaker 3: see a multiplier that's going to put you in that
- 7:38Speaker 3: once in a lifetime. This was the chance to get
- 7:42Speaker 3: it done time. And, you know, you kind of know
- 7:44Speaker 3: who's there, who's doing that kind of business now. And
- 7:47Speaker 3: the people that are inside the business can see who's
- 7:49Speaker 3: doing that business. We know which Indies that haven't sold
- 7:52Speaker 3: yet that, you know, are in the ability to. So,
- 7:55Speaker 3: and there are some, but there are a lot of
- 7:57Speaker 3: people that got rolled up. Like you see a lot
- 7:59Speaker 3: of different groups that have gone around and picked up
- 8:02Speaker 3: a bunch of promoters. And there's a lot of money
- 8:05Speaker 3: that's from the finance world that's been thrown into some
- 8:07Speaker 3: of that stuff. Same thing with agencies, same thing with
- 8:09Speaker 3: management companies. There's money out there. And a lot more
- 8:12Speaker 3: of these companies that you think are independent are actually
- 8:15Speaker 3: part of a bigger organization. It just doesn't look like
- 8:17Speaker 3: that because they've kept their brand.
- 8:18Speaker 5: Well, it certainly feels like the time is ripe for
- 8:21Speaker 5: another round of roll-ups here. There's some quiet ones happening.
- 8:24Speaker 5: But to your point about things kind of timing out
- 8:27Speaker 5: pre-pandemic and post-pandemic, there's time in between those two moments
- 8:32Speaker 5: in time for people to build something else to be
- 8:33Speaker 5: then rolled up again. So is it history repeating itself,
- 8:36Speaker 5: history rhyming, you know, smart guys running the same playbook
- 8:40Speaker 5: a couple times?
- 8:40Speaker 4: Who knows?
- 8:41Speaker 1: Yeah, but I think that thing is like LiveCo. Like,
- 8:44Speaker 1: how many.
- 8:45Speaker 3: different companies do they have under that roof, right? It's
- 8:47Speaker 3: just like, they all seem like independents, but it's a much.
- 8:50Speaker 1: Bigger thing, right?
- 8:51Speaker 3: LiveCo's profile of companies that they've picked up include Icon Live,
- 8:55Speaker 3: which they merged together Icon Concerts and Magic Spakes Entertainment,
- 8:59Speaker 3: two mega spaces between theater and comedy, as well TPR,
- 9:04Speaker 3: which was formerly Transparent Productions, Premiere Productions, and Rush Concerts, TPR,
- 9:11Speaker 3: which is three of the biggest faith-based promoters. Also, Bass Entertainment,
- 9:15Speaker 3: a theatrical production, is listed as part of one of
- 9:18Speaker 3: their acquisitions, but it may not still be. So I
- 9:22Speaker 3: just wanted to be clear. It seems like they're mega,
- 9:26Speaker 3: and it looks like Icon and Magic Space, Transparent, Premiere,
- 9:30Speaker 3: and Rush, and iTix are all still current there. And
- 9:32Speaker 3: that's a massive amount of shows all under one brand
- 9:36Speaker 3: as LiveCo, but still working under live coke brand and
- 9:39Speaker 3: the tpr brand so that's that's pretty impressive if you
- 9:43Speaker 3: think about it just like tko has ufc wwe and
- 9:48Speaker 3: bull riders only all under their brand now and they're
- 9:51Speaker 3: all still but they're all still running as independent brands
- 9:53Speaker 3: it's like you've got a lot of different ticket sellers
- 9:56Speaker 3: out there with content under a lot of different.
- 9:58Speaker 5: Names well we'll have to pay attention to who's next
- 10:01Speaker 5: here on Promoter 101.
- 10:02Speaker 4: Another story here this week, Dan. I know we love
- 10:05Speaker 4: talking about ticketing.
- 10:06Speaker 5: It's probably time we get Randy Nichols back on here
- 10:08Speaker 5: because there's been a few developments the last month here.
- 10:10Speaker 5: A couple of stories that I paid attention to, and
- 10:12Speaker 5: I think they teach opposite lessons. The first is California.
- 10:16Speaker 4: They had AB 1349 tickets. which is the speculative ticket ban.
- 10:21Speaker 5: So pass the legislation on August 31st with just a
- 10:24Speaker 5: few minutes left on the clock. On its face, it
- 10:27Speaker 5: does what you'd want it to. It bans selling tickets
- 10:31Speaker 5: that you don't actually have. It requires what the bill
- 10:34Speaker 5: calls constructive possession or full payment, a legal right to
- 10:38Speaker 5: receive the ticket and a confirmation of purchase. It puts
- 10:41Speaker 5: an obligation on marketplaces to take reasonable measures against bad
- 10:45Speaker 5: faith listings.
- 10:46Speaker 4: Good bill, right?
- 10:47Speaker 5: Then read what happened on August 28th. Senate amendments in
- 10:50Speaker 5: California three days before the passage. The final version expressly
- 10:54Speaker 5: permits rights holders and venues to withhold inventory for business purposes.
- 10:58Speaker 5: And it carves out a broader safe harbor for professional
- 11:01Speaker 5: sports teams managing ticketing allocations. So brokers can't sell what
- 11:05Speaker 5: they don't have, but venues and rights holders can hold
- 11:08Speaker 5: back whatever they want and sports teams get their own link. Here's,
- 11:12Speaker 5: I think, the part that told me a lot here,
- 11:14Speaker 5: which is that Neva helped architect this bill earlier in
- 11:17Speaker 5: the session, and then they turned around and mounted a
- 11:20Speaker 5: last-minute campaign against it. Sixteen allied industry groups joined in
- 11:24Speaker 5: calling for a veto. So when the independent venues who
- 11:29Speaker 5: write a bill are begging the governor to kill it,
- 11:31Speaker 5: the bill had to change. If you're in a state
- 11:33Speaker 5: with a ticketing bill moving, don't read the summary. Read
- 11:36Speaker 5: what's actually set. On the other side of the coin,
- 11:38Speaker 5: and this one should get more attention than it's getting,
- 11:41Speaker 5: but on September 10th, seven Pennsylvania districts are prosecuting Vivid
- 11:46Speaker 5: seats over price stripping. Now, Vivid moved to all-in pricing
- 11:50Speaker 5: in May 2025, which is the exact day the FTC
- 11:55Speaker 5: fee rule took effect. So the conducted issue maybe predates
- 11:59Speaker 5: some of these changes. They're seeking restitution, civil penalties, and
- 12:03Speaker 5: a permanent injunction. But I think the bigger point is this.
- 12:05Speaker 5: This isn't the FTC. This is a state attorney general.
- 12:08Speaker 5: These are county district attorneys. I think it's the first
- 12:11Speaker 5: time we're seeing something on a county level here as well,
- 12:14Speaker 5: using state consumer protection laws, going after a public ticket company.
- 12:18Speaker 5: There are, what, 3,000 counties in this country, and if
- 12:21Speaker 5: a county-level prosecution becomes a live enforcement channel for ticketing practices,
- 12:25Speaker 5: every marketplace in this business just acquired a huge compliance
- 12:29Speaker 5: problem that doesn't have a single regulator that you can
- 12:32Speaker 5: negotiate with. I think it creates a bit of a
- 12:34Speaker 5: disaster to kind of see these counties in the mix
- 12:36Speaker 5: on these things. Not that I'm not for the spirit
- 12:38Speaker 5: of what they're doing. But think about that, Dan. If
- 12:41Speaker 5: you had a show in Bucks County, in Doylestown, and
- 12:45Speaker 5: you went across to Montgomery County state lines and had
- 12:48Speaker 5: a completely different set of issues, you're talking about 33
- 12:50Speaker 5: different hundred sets of compliance that we could possibly be
- 12:52Speaker 5: facing with. I think it would probably end most independent
- 12:55Speaker 5: promoters in terms of the headache that goes into producing
- 12:58Speaker 5: a show in an individual county.
- 12:59Speaker 3: Look, it gets simplified, right? Because you figure out where
- 13:02Speaker 3: it's easy to work and where it's not easy to work.
- 13:04Speaker 3: And at the end of the day, you play counties
- 13:05Speaker 3: where it's easy to do business and you avoid counties
- 13:08Speaker 3: where it's a pain in the ass. And if it
- 13:10Speaker 3: isn't worth the time, you just don't go. And that's
- 13:12Speaker 3: how market decides how it works.
- 13:14Speaker 5: A space worth paying attention to and look forward to
- 13:16Speaker 5: seeing where it goes. That'll do it for News of
- 13:18Speaker 5: the Month.
- 13:20Speaker 2: Fred Rosen, president and CEO of Red Carpet Entertainment. We're
- 13:24Speaker 2: on Promoter 101.
- 13:25Speaker 5: This wouldn't be Promoter 101 if we didn't check in
- 13:28Speaker 5: with Dan and see what he's saying over on X
- 13:30Speaker 5: and Threads. I like this one, Dan, very applicable because
- 13:33Speaker 5: you're coming out of WA, the Western Arts Alliance here.
- 13:36Speaker 5: It's conference season. Get your flu shots.
- 13:38Speaker 3: It's not the same shots we used to talk about
- 13:40Speaker 3: at the conferences, but it's always a great idea. And
- 13:43Speaker 3: the end result, if you don't get the shot, it's
- 13:45Speaker 3: the same result if you don't at the end, right?
- 13:47Speaker 1: Just that pledge into the porcelain god.
- 13:50Speaker 4: Porcelain God.
- 13:51Speaker 3: Oh, Dan.
- 13:52Speaker 5: When a venue asks you to match a casino offer
- 13:55Speaker 5: so they don't lose the play.
- 13:56Speaker 1: Yeah, right. We're in. For a dollar and a dime,
- 13:59Speaker 1: whatever you need. No problem. There's a reason they're called
- 14:02Speaker 1: loss leader, friend.
- 14:03Speaker 4: That's the truth. How about this one? Rumors are flying.
- 14:06Speaker 4: Who's the headliner for the big festivals and stadiums next summer?
- 14:09Speaker 3: Here in Oasis, and I believe they have just spotted
- 14:14Speaker 3: the drones in Europe over Manchester. With an announcement of Sunday.
- 14:19Speaker 3: Rumors speculate Vegas. A lot of European dates. All rumor.
- 14:23Speaker 3: Lots going on there. It sounds like Radiohead is going
- 14:25Speaker 3: to be doing Australia and some Asian dates. Noah Khan
- 14:28Speaker 3: has confirmed that he will be out again in 2027.
- 14:31Speaker 3: So you're starting to see the pieces for 2027 falling together.
- 14:34Speaker 3: And it seems like we're going to start hearing Coachella
- 14:36Speaker 3: headliners very soon. So tis the season to start thinking
- 14:41Speaker 3: about your summer plans and maybe stashing a little money away.
- 14:45Speaker 3: for your entertainment dollar in 2027. Sounds like it's going
- 14:48Speaker 3: to be a big summer.
- 14:50Speaker 4: Layaway plans, Dan. Are we in the Klarna business now?
- 14:53Speaker 4: What are we doing here?
- 14:53Speaker 3: You know, it's never a bad idea to tuck a
- 14:55Speaker 3: little money away for a rainy day or a beautiful
- 14:58Speaker 3: summer trip to Europe.
- 15:00Speaker 5: You know, are you like a shove the money under
- 15:02Speaker 5: the mattress guy? Or like, are you looking at more like,
- 15:05Speaker 5: you know, 3% money markets these days?
- 15:07Speaker 3: I am a diversify, mostly in mutual funds, a little
- 15:11Speaker 3: bit liquid just in case. And then some CDs, some
- 15:16Speaker 3: high yields. And it's never bad to have a couple
- 15:19Speaker 3: bucks under the mattress just in case.
- 15:21Speaker 2: Yes, indeed.
- 15:22Speaker 3: Luke, maybe we'll do a special episode of Investing 101.
- 15:25Speaker 3: We did it for the staff not too long ago.
- 15:27Speaker 3: And actually, I got a lot of great comments of
- 15:29Speaker 3: talking about how best to get out of debt and
- 15:33Speaker 3: how to manage your money early on.
- 15:35Speaker 1: And.
- 15:36Speaker 3: It's amazing how few people realize how dangerous credit card
- 15:41Speaker 3: debt is and how important starting to invest now is.
- 15:44Speaker 3: It doesn't matter how little you invest, but you got
- 15:47Speaker 3: to start that ball rolling, get that 401k going so
- 15:50Speaker 3: the ball can start growing. Never too soon to start
- 15:53Speaker 3: that ball rolling, rolling, rolling, rolling.
- 15:56Speaker 4: Compound interest. It's a miracle. It really is.
- 15:58Speaker 1: It's a wonder drug, Luke. A wonder drug.
- 16:01Speaker 4: Yes, indeed.
- 16:02Speaker 5: Just ask Warren Buffett. That'll do it for the Tweets
- 16:04Speaker 5: of the Month. Make sure you keep up with Dan
- 16:06Speaker 5: on X. He is at the Jew.
- 16:09Speaker 3: Hey, this is David Britz from Works Entertainment, and you
- 16:12Speaker 3: are listening to Promoter 101.
- 16:15Speaker 5: In this extra special pop-up episode, we're going to spotlight
- 16:18Speaker 5: Sean Healy, founder of Sean Healy Presents, as he celebrates
- 16:22Speaker 5: 30 years as a live independent music promoter, a huge milestone.
- 16:26Speaker 5: Since 96, Sean's built a reputation for creating music Incredible
- 16:30Speaker 5: opportunities for artists and unforgettable experiences for fans, having worked
- 16:34Speaker 5: early on in their careers with artists like Kendrick Lamar, J. Cole, OneRepublic,
- 16:39Speaker 5: Machine Gun Kelly, SZA, and so many more. He's here
- 16:42Speaker 5: to talk about that, plus a special anniversary show set
- 16:45Speaker 5: for September 19th at the Troubadour.
- 16:47Speaker 4: One of the venues where Sean began his journey. Please
- 16:50Speaker 4: welcome to the podcast... sean healy.
- 16:52Speaker 3: None other than los angeles's own sean healy we say
- 16:56Speaker 3: los angeles because that's where you do your shows but
- 16:58Speaker 3: you're a chicago boy just like me a cubs fan
- 17:01Speaker 3: true and blue and anybody that follows you on socials
- 17:03Speaker 3: knows that you'll be at wrigley at least a couple
- 17:05Speaker 3: times a summer cheering on The boys hopefully flying the
- 17:09Speaker 3: W flag. Welcome back to Promoter 101, Sean Healy. And
- 17:12Speaker 3: congratulations on 30 fucking years in rock and roll.
- 17:15Speaker 2: Thank you. Yeah, this is our 30th year. And we're
- 17:20Speaker 2: kind of reliving all the history and all the shows.
- 17:23Speaker 2: As you know, in this business, you're on to the
- 17:25Speaker 2: next once the show's done. So this is a time
- 17:28Speaker 2: where I'm actually taking it in and sort of reliving
- 17:31Speaker 2: all of the thousands of shows over 30 years. And
- 17:34Speaker 2: it's great to kind of revisit everything.
- 17:36Speaker 3: So when we last spoke, you were expanding out of LA,
- 17:39Speaker 3: doing shows all the way down to Phoenix and starting
- 17:43Speaker 3: to mess with Chicago a little bit, doing shows in
- 17:46Speaker 3: the Seattle area, messing with the Bay. You were kind
- 17:49Speaker 3: of starting to run a full little territory chain of
- 17:53Speaker 3: shows from Chicago all the way back around the Northwest
- 17:57Speaker 3: down to you in LA and back around through Phoenix.
- 18:01Speaker 5: Yeah.
- 18:01Speaker 3: How has that growth continued? Are you still, I mean,
- 18:04Speaker 3: obviously we hit COVID since, but have you still been
- 18:06Speaker 3: promoting on the national level?
- 18:08Speaker 2: Oh yeah, we're nationwide. Some of these markets like New
- 18:11Speaker 2: York and Chicago, we've been in for, you know, 10,
- 18:15Speaker 2: 15 years. Some of the newer markets like Atlanta and
- 18:19Speaker 2: Dallas have been post-COVID, but really like the Bay Area,
- 18:23Speaker 2: Chicago and New York, Portland, Seattle, we've been in those markets,
- 18:28Speaker 2: you know, pre-COVID. for 10 or so years, 15 years
- 18:32Speaker 2: in some of those cities. So it's pretty exciting, yeah.
- 18:35Speaker 3: So how many shows a year are you doing right now?
- 18:37Speaker 2: You know, it really varies, but we're usually in the
- 18:39Speaker 2: 150 on the low to about 250 on the high.
- 18:44Speaker 2: Every year varies, obviously.
- 18:46Speaker 3: So what percentage of that would you say you're doing
- 18:48Speaker 3: in driving distance of your office?
- 18:51Speaker 2: I would say we still maintain about, I'd say about
- 18:54Speaker 2: 50% of the volume is still in LA.
- 18:56Speaker 3: So you're doing between 100, 125 shows a year outside
- 19:02Speaker 3: your home market.
- 19:03Speaker 2: Uh-huh yeah definitely like last year we did 100 k-pop
- 19:07Speaker 2: shows like literally 100 k-pop shows across the country and
- 19:11Speaker 2: i would say 80 of those 100 were in different
- 19:14Speaker 2: cities that is.
- 19:16Speaker 3: An amazing amount of volume now you've always been more
- 19:19Speaker 3: of an r & b hip-hop kind of guy what
- 19:22Speaker 3: brought you to k-pop because i don't mean to stereotype
- 19:25Speaker 3: sean but like You don't look like the type.
- 19:28Speaker 2: No. The thing about this whole 30-year thing is not
- 19:32Speaker 2: only that I'm reliving it, but our company has rebirthed
- 19:36Speaker 2: itself so many times. So when I started it in
- 19:40Speaker 2: the mid-90s, in the late 90s, it was rock and roll.
- 19:44Speaker 2: And it was clubs that were not on the Sunset Strip.
- 19:47Speaker 2: And we were the artsy companies. that would book the
- 19:50Speaker 2: underground bands. And then sort of, it sort of turned
- 19:54Speaker 2: into hip hop and old school hip hop in the
- 19:57Speaker 2: two thousands, all the way to like 2013. And then
- 20:00Speaker 2: it started with emerging hip hop with guys like Kendrick
- 20:04Speaker 2: Lamar and Jake Cole and Machine Gun Kelly. Then post-COVID,
- 20:09Speaker 2: we fell into K-pop. If you would have asked me
- 20:13Speaker 2: in 2019, hey, you're going to be one of the
- 20:16Speaker 2: biggest K-pop promoters in the country, I would have told
- 20:19Speaker 2: you you were crazy, but here we are. A lot
- 20:22Speaker 2: of K-pop, a lot of world music, a lot of
- 20:24Speaker 2: YouTube stuff, TikTok people. It's not one thing or the other,
- 20:30Speaker 2: but there were years where we were just known as
- 20:32Speaker 2: hip-hop promoters. There was probably a good decade and a half.
- 20:37Speaker 3: You've always made money as a promoter. You're a hustler.
- 20:40Speaker 3: You work your ass off. And I say this cause
- 20:42Speaker 3: we know our own, you are an indie promoter true
- 20:44Speaker 3: and through you go anywhere, you do anything, you say
- 20:48Speaker 3: yes to opportunity. And I see a lot of you
- 20:51Speaker 3: and me. And when we talk, we always kind of
- 20:53Speaker 3: have that vibe where we do. Our roots are very similar.
- 20:56Speaker 3: I was a little more punk rock. You were a
- 20:58Speaker 3: little more hip hop, but like.
- 21:00Speaker 1: Same venues, it's very similar path.
- 21:03Speaker 3: Chicago boys trying to, uh, trying to make some money
- 21:06Speaker 3: in rock and roll, one way or another. But you
- 21:08Speaker 3: always make money. Year in, year out, you always find
- 21:10Speaker 3: a way. I mean, not every show makes money, but
- 21:12Speaker 3: you don't settle the year on the night, and you
- 21:14Speaker 3: always make money, and you continue to find a way
- 21:17Speaker 3: to fucking put Ws in the bank while not doing
- 21:21Speaker 3: the most mainstream stuff that everybody else is fighting for.
- 21:24Speaker 3: You're going where everybody else isn't in a lot of cases.
- 21:27Speaker 2: Yeah, we've always kind of had to find our path,
- 21:30Speaker 2: and this goes back to the early beginnings because... You know,
- 21:33Speaker 2: the very first shows we did at rock clubs in
- 21:36Speaker 2: Hollywood were like, hey, you pay the sound guy and
- 21:41Speaker 2: you pay the security guard and you get the door.
- 21:45Speaker 2: And then I would figure out mathematic formulas how to
- 21:48Speaker 2: cover those costs and still pay the bands had they,
- 21:53Speaker 2: you know, if they brought people. So, yeah, we've always
- 21:56Speaker 2: kind of found mathematically a way to survive without a
- 22:00Speaker 2: lot of the ancillaries. And we don't, quite frankly, most
- 22:04Speaker 2: of the time get the bar in any of these venues.
- 22:06Speaker 2: So it's really reliant on the hard ticket sale. So, yeah,
- 22:10Speaker 2: we've kind of had to be very creative with it
- 22:13Speaker 2: over the years on how to survive in those waters.
- 22:16Speaker 3: Now, is there a market that you're afraid to go into?
- 22:19Speaker 3: Do you do Canada? Have you crossed that border?
- 22:21Speaker 2: No, we haven't done Canada, but it's actually being talked
- 22:25Speaker 2: about now because what we're finding, especially with the international music,
- 22:30Speaker 2: and I say that in K-pop and Thai pop and
- 22:33Speaker 2: there's P-pop and there's all this wonderful, delicious world music.
- 22:39Speaker 2: that they're looking for real promoters. And sometimes it's not
- 22:43Speaker 2: always the big guys that get those shows. Sometimes those
- 22:47Speaker 2: artists in the other parts of the world don't know
- 22:49Speaker 2: how to reach out to the trustworthy promoters. So Canada
- 22:53Speaker 2: is starting to come into play. We haven't done it yet,
- 22:56Speaker 2: but some of the K-pop tours are asking us, hey,
- 22:59Speaker 2: can you do our Canada run as well? So we're
- 23:02Speaker 2: having to do some research on expanding in there and
- 23:05Speaker 2: i believe that next year we will have canada on
- 23:09Speaker 2: the books and we'll be active there.
- 23:11Speaker 3: Having a local partner over there that understand what it
- 23:14Speaker 3: takes to get the act over the border is certainly
- 23:16Speaker 3: helpful um what about mexico you're really close to tijuana
- 23:20Speaker 3: where you're at that's coming up too mainly in the
- 23:22Speaker 3: international stuff i'm kind of happy where we're at but
- 23:26Speaker 3: what we're finding with some of these international acts is
- 23:31Speaker 3: as you know they're asking for Full service, right?
- 23:34Speaker 2: Visa, transpo, per diem, travel, production, merchandise. So some of
- 23:42Speaker 2: these things are really big projects to tackle. You know,
- 23:47Speaker 2: we've always, just going back to the beginning, we've always
- 23:49Speaker 2: kind of been trial and error on what works for us. So,
- 23:52Speaker 2: you know, if we find that doing these things is
- 23:55Speaker 2: not good for us or too stressful or too much
- 23:58Speaker 2: of a loss or too much, too time consuming, etc.,
- 24:02Speaker 2: We won't do that. I get it.
- 24:04Speaker 3: As a tour promoter, I had a band that, after
- 24:06Speaker 3: they confirmed a tour, told me they were going to
- 24:08Speaker 3: do pyro on every date in the market on a
- 24:11Speaker 3: theater tour. Suddenly, I had to become a professional at
- 24:14Speaker 3: understanding the different laws in different markets and exactly what
- 24:18Speaker 3: it took to get a permit for Open Flame on
- 24:20Speaker 3: a stage in each market. When you're playing the arenas,
- 24:24Speaker 3: not such a big deal because the arena teams are
- 24:26Speaker 3: ready for that. When you're playing Broadway houses... it's hit
- 24:30Speaker 3: and miss on whether the local team has any idea
- 24:32Speaker 3: what the fire marshal is going to require. And when
- 24:35Speaker 3: you need the bus to roll and the show to play,
- 24:37Speaker 3: regardless that, that permitting expense in that process, that becomes
- 24:42Speaker 3: a real thing. And man changed the way I looked
- 24:46Speaker 3: at that tour. Although I was too far in at
- 24:47Speaker 3: that point, once we had already confirmed it, but I
- 24:51Speaker 3: understand what you're saying. I don't know that I want
- 24:53Speaker 3: to be a merch company. I don't know that I
- 24:55Speaker 3: want to be full service, but, It's hard. Then you
- 24:57Speaker 3: start thinking about international. Are you hedging your dollars when
- 25:01Speaker 3: you're going into exchange rates? Are you buying the dollars
- 25:05Speaker 3: when you're crossing the border? Canada and Mexico, they don't
- 25:08Speaker 3: change that much. I could see not doing that as
- 25:11Speaker 3: you would do with a global international tour.
- 25:14Speaker 2: Yeah.
- 25:14Speaker 3: But it's certainly a thing that you can have a
- 25:16Speaker 3: sold out show and lose money. I'm converting money back.
- 25:20Speaker 2: Yeah.
- 25:21Speaker 5: Yeah.
- 25:21Speaker 2: Like we just wrapped the tour that we just had
- 25:23Speaker 2: the US part and Live Nation did the Canadian part.
- 25:27Speaker 2: You know, and so we worked in tandem really on
- 25:31Speaker 2: some logistics, meaning mostly merch and things of that nature
- 25:35Speaker 2: where we ordered their merch for them for their Live
- 25:39Speaker 2: Nation leg, you know, for the artists.
- 25:41Speaker 3: Now, last we spoke. I told you your model is
- 25:45Speaker 3: perfect for selling. Businesses are built to be sold. Mergers
- 25:48Speaker 3: and acquisitions aren't always going to be interested in every
- 25:51Speaker 3: company when they look at the books. But you've got
- 25:53Speaker 3: a machine that continues to just grow and grow and grow.
- 25:56Speaker 3: You do more volume. You do bigger shows. You expand
- 25:59Speaker 3: your market. Your company is built to be gobbled up
- 26:02Speaker 3: by an AEG, Allied Nation, and Nederlander, what have you.
- 26:07Speaker 3: How are you still independent?
- 26:08Speaker 2: You know... I don't know. That question gets asked a lot.
- 26:12Speaker 2: You know, it's perfectly fine to me. I mean, there
- 26:15Speaker 2: really hasn't been over the years, I wouldn't say there's
- 26:19Speaker 2: been a significant inquiry. There's been loose inquiries here and there,
- 26:24Speaker 2: but I'm really happy with where we're at. You know,
- 26:28Speaker 2: I have a wonderful staff. For the most part, I've
- 26:31Speaker 2: always had incredible employees and I've got an incredible partner
- 26:35Speaker 2: in Nelson Grigsby, who's our vice president and a partner
- 26:38Speaker 2: of the company. You know, we're not in a hurry
- 26:40Speaker 2: to like sell and, and all that because there's, there's
- 26:44Speaker 2: a certain sort of, as you know, cause you built
- 26:47Speaker 2: your company, there's a certain sort of like, babying and blood,
- 26:51Speaker 2: sweat and tears that goes into your baby and your
- 26:54Speaker 2: brand that you built, you don't always want to let
- 26:56Speaker 2: go of it. You know, it is what it is.
- 26:58Speaker 2: I'm not I'm not mad about it. I'm not sad
- 27:01Speaker 2: about it. I'm not happy about it. It just hasn't happened.
- 27:04Speaker 2: And I don't sweat it at all. It just means
- 27:07Speaker 2: it's not supposed to be like that. And it's supposed
- 27:10Speaker 2: to be do it yourself still, you know?
- 27:13Speaker 3: Well, I don't know that every single person in the
- 27:15Speaker 3: world wants to sell their company at the end of
- 27:17Speaker 3: the day. And it's got to be the right deal
- 27:18Speaker 3: for the right person. And Not everybody wants to sell
- 27:21Speaker 3: their company to anyone, right? It's just some people do,
- 27:25Speaker 3: some people don't. I found it to be the right
- 27:27Speaker 3: decision for my family and me and my partner both
- 27:29Speaker 3: agreed that that's what we wanted for the expansion of
- 27:33Speaker 3: our company long-term. Yeah, certainly you got to do what's
- 27:35Speaker 3: right for your team and for your family. And if
- 27:38Speaker 3: that hasn't been right so far... And I would say,
- 27:41Speaker 3: you know, we've been, we're self-funded, right? So like this
- 27:45Speaker 3: whole company was built out of my apartment on La
- 27:48Speaker 3: Brea in Hollywood, you know, with a fax machine and
- 27:52Speaker 3: an old, you know, HP computer and a, and a,
- 27:55Speaker 3: and a printer, you know, an inkjet printer. And, uh,
- 27:58Speaker 3: It's always when we've had a little extra money, we've
- 28:01Speaker 3: been able to reinvest it into the company and whatnot. Now,
- 28:05Speaker 3: because we're expanding into some of this global stuff and
- 28:08Speaker 3: some of these larger tours that require more capital, the
- 28:12Speaker 3: question is, how much do we want to lay out
- 28:15Speaker 3: in order to secure those tours?
- 28:17Speaker 2: So in that respect, yeah, if we had a capital partner,
- 28:21Speaker 2: could we do more globally? Could we do bigger things?
- 28:26Speaker 2: And that is a very valid question. But I guess
- 28:29Speaker 2: we cross that bridge when we can. But for now,
- 28:33Speaker 2: if we don't think we can risk the capital on
- 28:36Speaker 2: a big, big, big tour, we won't. And we'll book
- 28:40Speaker 2: a local band at the Viper Room or we'll do
- 28:42Speaker 2: a local show at the Troubadour and have no risk.
- 28:46Speaker 3: Me and Zink realized that more and more we were
- 28:48Speaker 3: risking our houses.
- 28:50Speaker 1: Yeah.
- 28:51Speaker 3: Multiple times a year, then multiple times a quarter, then
- 28:55Speaker 3: multiple times a month because- the risk never gets smaller.
- 28:59Speaker 3: Your volume increases on the small shows, but then your
- 29:01Speaker 3: volume increases on the large shows and the guarantees and
- 29:04Speaker 3: the risk increase. And you start doing the Dolly Parton
- 29:08Speaker 3: shows and the Scorpion shows. And you start seeing the
- 29:12Speaker 3: runs come together as you're building these acts. And more
- 29:17Speaker 3: and more of these things were runs for us. Well,
- 29:19Speaker 3: it was Tedeschi trucks where we were suddenly doing 30
- 29:22Speaker 3: or 40 shows a tour where Parker McCollum was moving from,
- 29:27Speaker 3: the 1,100-seaters into the 3,500-seaters, and we were doing all
- 29:32Speaker 3: of them, and you're starting to see how fast cash
- 29:35Speaker 3: flow moves. So yeah, if you're risking your house every
- 29:38Speaker 3: single day, and yeah, maybe you're right every single time,
- 29:41Speaker 3: but eventually you're going to be wrong.
- 29:43Speaker 2: A hundred percent.
- 29:44Speaker 3: Well, you're still making money every time you do that.
- 29:46Speaker 3: For the most part, when you lose, you got to
- 29:48Speaker 3: make it up. And one loser can kill seven winners
- 29:51Speaker 3: because the risk and the margins are so weird. And
- 29:55Speaker 3: it's scary. It's when you're risking your actual whole bankroll
- 30:00Speaker 3: because you're sure, you know, but even if you're sure
- 30:03Speaker 3: COVID happens and it wipes out everything, no matter how
- 30:06Speaker 3: good it is, no matter who's sitting on what in
- 30:08Speaker 3: the bank, the ticket sales already there, money gone.
- 30:12Speaker 2: We, as we are doing these big things, we are,
- 30:15Speaker 2: I am for the mat, that matter, very cognizant of that.
- 30:20Speaker 2: And I don't want to drain the swamp for, you know, one,
- 30:24Speaker 2: one thing that looks like a whale. Um, it's just not,
- 30:27Speaker 2: to me, it's not worth at this point in my life,
- 30:29Speaker 2: 30 years in, it's not worth the stress, the no sleep, the,
- 30:33Speaker 2: you know, anxiety, the why aren't people buying tickets? Um,
- 30:37Speaker 2: you know, that whole thing, it's to me, it's not
- 30:39Speaker 2: worth it. So, so we do have to be careful.
- 30:41Speaker 2: Everything you just said, we have to be careful. Um,
- 30:44Speaker 2: when we, when we roll the dice on some of
- 30:46Speaker 2: these bigger things.
- 30:47Speaker 3: There, there is something that I've lost sight of and
- 30:50Speaker 3: that is, and it's cause it's not my money anymore.
- 30:53Speaker 3: When I used to buy like a Ringo Starr show,
- 30:55Speaker 3: I would buy a limited number. I would send a
- 30:58Speaker 3: limited number of offers. And not to say that everything
- 31:00Speaker 3: I'd send, Dave Hart would confirm, but a high rate
- 31:04Speaker 3: of confirmations with Dave. We've got a great relationship with
- 31:06Speaker 3: Ringo and Dave Hart. So I'd be cognizant of what
- 31:09Speaker 3: I sent because of the size of the guarantees and
- 31:12Speaker 3: the cost of producing a show on top of that
- 31:14Speaker 3: and cash flow. Now, when Dave calls, I will send
- 31:18Speaker 3: as many offers as he asks me to, as many
- 31:20Speaker 3: places as he possibly has open offers, because I find
- 31:23Speaker 3: Ringo to be a winner. At the same time, I
- 31:26Speaker 3: know he won't deliver it, but I don't care if
- 31:27Speaker 3: he confirms four of them or 20 of them. It's
- 31:31Speaker 3: not going to affect cash flow because it's there, and
- 31:33Speaker 3: that's possibly the greatest upside of that relationship with the
- 31:38Speaker 3: major is... the ability to go deep, the ability to
- 31:42Speaker 3: send it to her offer and have that. So I
- 31:44Speaker 3: get what you're saying. Cause we, we probably were very
- 31:47Speaker 3: careful about how many offers we'd send on a Dolly
- 31:50Speaker 3: Parton on a Scorpions on a Ringo star where it's
- 31:56Speaker 3: like black keys. We, you know, it's like, how many
- 31:59Speaker 3: were we going to send? How careful would we be?
- 32:01Speaker 3: What other shows do we have? If we have three
- 32:03Speaker 3: arena shows playing on one night, because we, it just
- 32:06Speaker 3: so works out that that's when we're getting a couple
- 32:09Speaker 3: of Luke Bryan dates in Hawaii and a couple dates
- 32:11Speaker 3: in Hawaii or Alaska with Miranda Lambert. And then we
- 32:15Speaker 3: happen to have this routed date with this thing we've
- 32:17Speaker 3: been working on and hometown gig for this other artist
- 32:20Speaker 3: and everything's an arena. And suddenly you've got $ 2 million
- 32:24Speaker 3: on the table in one night and you have to
- 32:26Speaker 3: lay all that money out waiting for it to come back.
- 32:28Speaker 2: It's like, yeah, no, it's, it's the story of the
- 32:31Speaker 2: independent promoter. You know, that's just what it is. You
- 32:34Speaker 2: have to just be careful. Because of so many promoters,
- 32:37Speaker 2: as you know, they go out of business or they're there.
- 32:40Speaker 2: Some of them are doing it just for fun or
- 32:42Speaker 2: bottles or, you know, whatever the case may be. But, yeah,
- 32:45Speaker 2: we've always I've always I'll tell you a quick story.
- 32:48Speaker 2: When I first started doing this, I maybe had one
- 32:51Speaker 2: hundred dollars left in my bank account. And this kid
- 32:54Speaker 2: came up to me. I was doing a venue called
- 32:56Speaker 2: Luna Park in L.A. was on Robertson and Santa Monica Boulevard.
- 33:00Speaker 2: this kid said, hey, I see you're doing Monday nights.
- 33:04Speaker 2: Do you need a logo? I'm a graphic designer. And
- 33:07Speaker 2: I'm like, yeah, I probably need a logo. They keep
- 33:10Speaker 2: advertising as Sean Healy Presents and the LA Weekly. I
- 33:13Speaker 2: didn't tell him to do that, but that's what they're
- 33:15Speaker 2: calling the nights. He's like, well, I'll do a logo
- 33:19Speaker 2: for you for $ 100. This is 1997 or 8. Al's like, okay, cool.
- 33:20Speaker 2: And I I remember giving him the last hundred bucks
- 33:27Speaker 2: I had in my account before the show was, that
- 33:29Speaker 2: was supposed to happen at night. And the kid made
- 33:32Speaker 2: me a logo on floppy disk. And, uh, it's the
- 33:36Speaker 2: same logo we use today. It's the same black, white,
- 33:39Speaker 2: and red logo that we got trademarked. And it was
- 33:42Speaker 2: my last hundred bucks. So it's always about reinvesting, reinvesting
- 33:47Speaker 2: in people when you need more employees or more things
- 33:50Speaker 2: in different cities. Um, but yeah, that's the last hundred
- 33:53Speaker 2: bucks I had. I spent on the logo for the company.
- 33:55Speaker 3: Last hundred bucks. Well, it seems like you made it
- 33:58Speaker 3: back somewhere.
- 33:59Speaker 2: Came back. I still have the floppy disk, although it
- 34:01Speaker 2: doesn't work, but I still have the floppy disk.
- 34:04Speaker 3: All right. So before we move on, let me just
- 34:06Speaker 3: say to Rich Schaefer, Jay Marciano, Michael Rapinoe, Jordan Zachary,
- 34:11Speaker 3: Omar Azulani, Alex Hodges, you guys are missing out. There's
- 34:16Speaker 3: a real earner here that's doing shit that nobody else
- 34:18Speaker 3: is doing, that nobody's grabbed. And somebody should pay attention
- 34:22Speaker 3: because you're making money. And I think If somebody threw
- 34:26Speaker 3: more resources behind you, you'd make them more money. And
- 34:29Speaker 3: I think that'd be a win for the team. So
- 34:31Speaker 3: I'm saying out loud to everybody, somebody should be paying attention.
- 34:35Speaker 3: If you're not, when the other guys buy them, whether
- 34:38Speaker 3: it's Sony or somebody else, I'm going to say that
- 34:40Speaker 3: I told you so here first, because Sean's got a
- 34:44Speaker 3: winning company. He's been around for a long time and
- 34:46Speaker 3: he's a hustler and does nothing but make money. That said,
- 34:49Speaker 3: let's move on to what the future is for Sean
- 34:52Speaker 3: Healy Presents. Thirty years in, you guys are continuing to work,
- 34:56Speaker 3: you're continuing to grow, finding new genres of music. Where
- 34:59Speaker 3: do you go next? You talked about international play, you
- 35:02Speaker 3: talked about merchandising.
- 35:04Speaker 2: Right. In this post-COVID world, we got into the theater
- 35:10Speaker 2: space and that came via K-pop. we've done the Wilterns
- 35:17Speaker 2: and the Apollos and the Chicago theaters and stuff where
- 35:21Speaker 2: you're active with your shows as well. We've been in
- 35:23Speaker 2: those spaces. K-pop is still thriving, although in my opinion,
- 35:29Speaker 2: it's a little oversaturated. There's way too many mid-level groups
- 35:33Speaker 2: coming over trying to tour multiple times a year and
- 35:37Speaker 2: it's just a lot of traffic. But I do see
- 35:39Speaker 2: a lane for some of this other stuff that's coming
- 35:42Speaker 2: from other areas of the world And so I'm very
- 35:45Speaker 2: intrigued by that. We're super intrigued by merchandising, which I've
- 35:49Speaker 2: always been into. Not only do we make our own
- 35:52Speaker 2: merchandise on shpmarket.com, but we're making tour merchandise when bands
- 35:58Speaker 2: are asking for it and we're participating in those revenues
- 36:02Speaker 2: as well. So I see more global stuff, more theaters,
- 36:07Speaker 2: more arenas. more merch, and I'd really like to be
- 36:12Speaker 2: a little more active on content. You know, as you
- 36:15Speaker 2: guys know, content is everything and it's always evolving and
- 36:19Speaker 2: it's so massively important these days to people that are,
- 36:23Speaker 2: you know, half our age, but that's how they consume
- 36:25Speaker 2: things these days, right? So content is very, very big.
- 36:29Speaker 2: I think you've been on top of it for many
- 36:32Speaker 2: years with Promoter 101 and which is like, you know,
- 36:35Speaker 2: you were doing it before anyone was doing it. Right.
- 36:37Speaker 2: And now you're doing it again and it's awesome. But
- 36:40Speaker 2: like content is King and telling these stories and promoting
- 36:43Speaker 2: the brand and promoting the shows and the artists. So
- 36:46Speaker 2: all that stuff I think is the future of, of
- 36:49Speaker 2: what we're going to do at the same time. I'm,
- 36:52Speaker 2: I'm really trying to archive everything, um, because we've done
- 36:56Speaker 2: so much, you know, we've done thousands and thousands of
- 36:59Speaker 2: shows and, and our history is deep. And, um, We
- 37:03Speaker 2: pulled all of them off, and I want to archive them.
- 37:05Speaker 2: And those stories will be told at our 30th anniversary
- 37:08Speaker 2: party at the Troubadour in September.
- 37:11Speaker 3: What's going to happen at your 30th anniversary party at
- 37:14Speaker 3: the Troubadour the second time you mentioned it? Let's talk
- 37:16Speaker 3: about it. It's obviously something you're working towards and you're
- 37:19Speaker 3: excited about.
- 37:20Speaker 2: So it's going to be at the Troubadour on September 19th.
- 37:24Speaker 2: I have the Farside playing, headlining. And Farside coincides with
- 37:30Speaker 2: mid-' 90s L.A., and that's what we were, and that's how
- 37:34Speaker 2: we started. I've been working with them off and on
- 37:38Speaker 2: for over 20 years. They bring that old-school LA hip-hop
- 37:45Speaker 2: mentality and vibe into the Troubadour, which we've been doing
- 37:50Speaker 2: shows at for 25 years, and they've never played there.
- 37:54Speaker 2: It's just a cool LA celebration. Former employees are going
- 37:59Speaker 2: to be there, former club owners, current club owners, secret
- 38:03Speaker 2: special guests that I'm working on. And as we get closer,
- 38:06Speaker 2: we'll have more, um, more of a beat on who
- 38:09Speaker 2: those are, but you know, it's, it's sold out. Yeah.
- 38:13Speaker 2: So we'd be, um, what we did was we sold
- 38:16Speaker 2: half the house at 30 bucks for 30 years. Um,
- 38:20Speaker 2: so those, those blew out and then the other two
- 38:23Speaker 2: 50 were our guest list people and, and, and invites.
- 38:27Speaker 3: So I haven't seen my invitation in the mail yet.
- 38:30Speaker 2: I think you were invited. I think you were invited.
- 38:32Speaker 2: It's a Facebook invite to you, I believe, but you'll
- 38:34Speaker 2: get one anyway. Um, cause you're here now, right?
- 38:37Speaker 3: I'm in San Francisco, but it's easy enough to pop down.
- 38:39Speaker 3: I wouldn't miss that. Your third far.
- 38:41Speaker 2: Side, far sides of vibe, man. It's all LA and
- 38:45Speaker 2: we're all LA. We're LA made. I'm grateful to the city.
- 38:49Speaker 2: I'm grateful to every one of those club owners that,
- 38:52Speaker 2: that gave me a shot on a Tuesday night, you know, to,
- 38:55Speaker 2: to book the club. And I'm really grateful. So it's
- 39:00Speaker 2: a celebration of the venues, the artists, the employees, past
- 39:05Speaker 2: and present, those who have departed us. And I'm really
- 39:10Speaker 2: looking forward to it.
- 39:11Speaker 3: Like it. Like it. All right. So besides the 30th
- 39:15Speaker 3: coming up, what else is on your plate? What are
- 39:17Speaker 3: you looking forward to? Where's it going?
- 39:20Speaker 2: Well, it varies. I mean, we're just... We go through
- 39:25Speaker 2: periods where it's not really a sexy calendar, right? Like
- 39:29Speaker 2: you probably experienced that in the beginning where you're like, oh,
- 39:32Speaker 2: I don't really have anything that's sexy in July or August.
- 39:36Speaker 5: Right.
- 39:37Speaker 2: Um, but then September, October, you'll have all this sexiness. So,
- 39:41Speaker 2: you know, while we're talking about this party, um, in August,
- 39:46Speaker 2: we have a Thai pop tour that's been sold out
- 39:48Speaker 2: for months, right? So we're doing palace of fine arts
- 39:52Speaker 2: and we're doing, um, Orpheum and, and, and Orpheum here and,
- 39:57Speaker 2: and Chicago, you know, we're, we're all over the place
- 40:00Speaker 2: with the Thai pop now, which is another branch. Um,
- 40:03Speaker 2: so that's coming up and, uh, we've got just, we
- 40:07Speaker 2: do little shows at the Troubadour. One of them's with
- 40:10Speaker 2: Snoop Dogg's son and, and what we have Will Ferrell's
- 40:13Speaker 2: kids band play the other night. And, and we still
- 40:16Speaker 2: do the mint and we still, and, you know, we
- 40:18Speaker 2: still do all that stuff in LA and, We still
- 40:22Speaker 2: do Showbox and Nectar Lounge and El Corazon in Seattle.
- 40:27Speaker 2: And in Portland, we do Dante's and Star and Crystal
- 40:31Speaker 2: and Wonder and all that stuff. So we do a
- 40:34Speaker 2: little bit of everything everywhere.
- 40:36Speaker 3: An awful lot of promoters letting you into their venues
- 40:39Speaker 3: because the Wonder is owned by Mar and Key and
- 40:42Speaker 3: obviously the Star and Dante's are Frank and You're going
- 40:46Speaker 3: into all of these random venues around the country where
- 40:50Speaker 3: they're controlled by other promoters and they're letting you in.
- 40:52Speaker 3: El Corazon, Dana, obviously does a ton of shows. So
- 40:55Speaker 3: clearly you're doing good business. And some of these things
- 41:01Speaker 3: that you specialize in that maybe they don't understand nearly
- 41:03Speaker 3: as well. Because obviously Dana's more of a punk metal guy. Right.
- 41:07Speaker 3: He doesn't understand the R & B world as much
- 41:09Speaker 3: as you or the K-pop world.
- 41:10Speaker 1: Right.
- 41:11Speaker 2: At the end of the day, right? And I noticed
- 41:14Speaker 2: this in the very beginning. I was like, when I
- 41:16Speaker 2: would pick up the LA Weekly... in the, in the
- 41:19Speaker 2: late nineties. And I'd look to see who was playing
- 41:22Speaker 2: where and what the listings look like and what, you know,
- 41:25Speaker 2: whatever it was the end of the day, if you
- 41:27Speaker 2: own a venue, you got to fill it at least
- 41:30Speaker 2: five days a week, right? So your in-house guy, he
- 41:34Speaker 2: can't always fill it five days of that week. So
- 41:38Speaker 2: there are open dates at these venues all over the country.
- 41:42Speaker 2: Once you build a solid business relationship with the venue
- 41:45Speaker 2: and they know you're not going to run out the
- 41:46Speaker 2: back door and it's safe and it's not crap, you
- 41:51Speaker 2: build the relationships. And the same thing is for Live Nation, dude.
- 41:54Speaker 2: We're in all these Live Nation rooms. We're in AEG rooms.
- 41:57Speaker 2: We just did Showbox. We have all of those rooms.
- 42:00Speaker 2: We work for everybody because at the end of the day,
- 42:03Speaker 2: business is business is business. And if you need a
- 42:05Speaker 2: date filled and we can help, then we're here and
- 42:09Speaker 2: we're going to come to you.
- 42:10Speaker 3: Okay, so you were last on Promoter 101 for episode 52.
- 42:14Speaker 3: And I say that for a couple reasons. A, if
- 42:16Speaker 3: you want to hear the history of Sean's business, you
- 42:19Speaker 3: should go back and listen to episode 52. I don't
- 42:21Speaker 3: want to rehash.
- 42:22Speaker 2: I think I need to. We did it at a hotel, right?
- 42:25Speaker 3: I mean, you know, you and me alone in a
- 42:26Speaker 3: hotel room, Sean. What else do you want?
- 42:28Speaker 2: Well, I just remember the open bar or something.
- 42:30Speaker 3: I don't know.
- 42:30Speaker 2: I came and saw you at a hotel and we
- 42:32Speaker 2: did it in the living room in the hotel, I think.
- 42:36Speaker 3: Was that at Standard maybe or something or? Maybe Sunset Marquis? Probably.
- 42:44Speaker 3: I used to love doing the villas at Sunset Marquis.
- 42:49Speaker 3: It was back villas. I loved those things. It was
- 42:52Speaker 3: kind of great. It was episode 52, Promoter 101. Sean
- 42:58Speaker 3: Healy's history is documented on that. We kind of picked
- 43:02Speaker 3: up right where we left off, where you've been. We
- 43:05Speaker 3: didn't go back. I don't love rehashing. I think The
- 43:09Speaker 3: episode still exists.
- 43:10Speaker 5: Yeah.
- 43:11Speaker 3: Episode number 52, Promoter 101.
- 43:13Speaker 2: What year was that? Do you know?
- 43:15Speaker 3: It was 2017, October 1st.
- 43:18Speaker 2: So yeah, almost 10 years. Yeah.
- 43:21Speaker 3: Well, nine years. Yeah. Look at that. Look at us.
- 43:24Speaker 2: My hair was a different color back then, but yeah.
- 43:27Speaker 3: We all age gracefully, right? You know, it's a thing.
- 43:30Speaker 3: Why haven't you, speaking of knowing how to fill those
- 43:33Speaker 3: nights and venues, why haven't you ever bought a club?
- 43:35Speaker 3: The money's in the bar, right? At least it was
- 43:38Speaker 3: back when we got started.
- 43:39Speaker 2: Right. So that's the other million dollar question. I've really
- 43:43Speaker 2: never had a desire to own a venue because I
- 43:47Speaker 2: see from our end of things, what the venue owners
- 43:51Speaker 2: go through and the stress and the phone calls at two, three,
- 43:55Speaker 2: four in the morning when the toilet's broken or someone
- 43:59Speaker 2: tripped and broke their ankle. or there's nobody in the club,
- 44:02Speaker 2: or someone quit while they were working, or there's no
- 44:05Speaker 2: toilet paper, or you're out of Budweiser, or I've just
- 44:09Speaker 2: never wanted that stress and or responsibility. I've always found
- 44:15Speaker 2: it fruitful for us to just come in, sublet for
- 44:19Speaker 2: one night, and then we bounce. And I found that
- 44:22Speaker 2: to be the easiest method for us to do it
- 44:26Speaker 2: that way. And yeah, I've really never... wanted to own
- 44:30Speaker 2: a bar or a venue?
- 44:32Speaker 3: Well, I think dealing with the public is an honor
- 44:36Speaker 3: that no one should have to deal with. So I
- 44:40Speaker 3: get it. It's a little much when you have to
- 44:42Speaker 3: answer to the agent, the manager, the artist, the venue manager,
- 44:47Speaker 3: as well as all of the production guys, all of
- 44:50Speaker 3: the catering people, the insurance people. It's a lot of
- 44:54Speaker 3: bosses and you add the public on top of that.
- 44:56Speaker 3: Don't need that.
- 44:57Speaker 2: I've worked for so many, I can't even tell you,
- 45:00Speaker 2: it's probably beyond 300 venues, bars, live music spots, theaters
- 45:08Speaker 2: over the years and dealt with every type of owner. And,
- 45:12Speaker 2: you know, it's, it's, I wish I would have made
- 45:15Speaker 2: a documentary years ago on just the venue owners, you know,
- 45:18Speaker 2: because there's some of them are such characters and it's, I've,
- 45:23Speaker 2: some of my friends are venue owners, but Yeah, I've
- 45:27Speaker 2: dealt with every level of venue owner that you can imagine.
- 45:31Speaker 2: And it's a real character study.
- 45:33Speaker 3: Yeah, some of the guys that own rooms are definitely
- 45:36Speaker 3: big personalities.
- 45:38Speaker 2: Yeah.
- 45:38Speaker 3: All right, so advice for the young guy starting out
- 45:40Speaker 3: on longevity of making it in this business, especially when
- 45:43Speaker 3: you're doing it on your own?
- 45:45Speaker 2: Yeah, I mean, never give up. Make sure that the
- 45:49Speaker 2: venue is happy. Make sure you're professional. Tip the sound guy.
- 45:53Speaker 2: He'll make your show sound good. And, you know, really
- 45:56Speaker 2: just be respectful to the venue, the artists, and don't,
- 46:00Speaker 2: don't lie to either. And don't let either of those
- 46:03Speaker 2: guys lie to you. Tell the truth. Tell them how
- 46:06Speaker 2: many people you're really realistically bringing to the show. And, uh,
- 46:10Speaker 2: don't tell a venue that holds 500 that you're bringing
- 46:13Speaker 2: 500 and only a hundred people show up. They'd rather
- 46:16Speaker 2: hear that you're only bringing a hundred so they can
- 46:18Speaker 2: staff it properly. And, uh, you know, just be, be professional.
- 46:23Speaker 2: It's not about, you know, promoter, the word promoter gets
- 46:26Speaker 2: a bad rap in, in the public eye. It's more
- 46:29Speaker 2: of like, oh, you're like a drug dealer or you're
- 46:32Speaker 2: a party guy or bottle service, or you're doing this
- 46:35Speaker 2: to me, girls, you know, that's, that's what the sort
- 46:39Speaker 2: of the promoter word has always kind of been in,
- 46:43Speaker 2: in the general public, you know, party.
- 46:46Speaker 3: You ever seen the movie?
- 46:48Speaker 2: Janky promoter yeah it's great with mike epps it's a
- 46:55Speaker 2: 2009 movie oh great.
- 46:57Speaker 3: Uh it's particular to the hip-hop world yeah it's it's
- 47:02Speaker 3: i'd like to it's kind of a spinal tap for
- 47:04Speaker 3: hip-hop if you will but focuses more on the promoters
- 47:08Speaker 3: than it does the music scene because maybe cp4 would
- 47:10Speaker 3: be that or uh So you're of a black hat, maybe?
- 47:14Speaker 2: Well, yeah. I mean, and that's also, that ties into
- 47:17Speaker 2: how we sort of got into hip hop because, you know,
- 47:20Speaker 2: in the, I'd say from 2004 to 2013 or 10
- 47:26Speaker 2: years there, there wasn't, there weren't, hip hop was not prominent,
- 47:31Speaker 2: especially on the Sunset Strip. And so- Those venues, Roxy,
- 47:36Speaker 2: Key Club, House of Blues, Viper Room, were very particular
- 47:40Speaker 2: about the styles of music they booked because hip-hop still
- 47:44Speaker 2: had a stigma to it. Oh, dangerous, gangs, shootings, chaos.
- 47:50Speaker 2: And I was able to bring a calming sense to
- 47:55Speaker 2: the venue owners that was like, we know what we're doing.
- 47:59Speaker 2: We know what we're booking. We're not booking... shoot them
- 48:03Speaker 2: up stuff at your venue on the Sunset Strip. We're screening,
- 48:07Speaker 2: we're responsible, and we're getting all the information that we
- 48:12Speaker 2: can possibly get to give you. So the club owners
- 48:15Speaker 2: trusted me, especially House of Blues Sunset, because from what
- 48:19Speaker 2: I remember, other than Paul McGuigan, I was the only
- 48:22Speaker 2: other person putting hip-hop in the Sunset Strip House of Blues.
- 48:26Speaker 2: And that was too short at 3-6 Mafia, And, and,
- 48:30Speaker 2: and you name it, E 40 and bun B there's
- 48:33Speaker 2: digital underground. It goes on and on and on and on. Um,
- 48:36Speaker 2: but the venues saw trust in me and through that,
- 48:40Speaker 2: they allowed me to be. Take risks, be creative, put,
- 48:45Speaker 2: you know, naughty by nature in the Roxy. No one
- 48:47Speaker 2: would think like that, but I did and I did
- 48:50Speaker 2: it and just stuff like that. That was so nonconforming,
- 48:55Speaker 2: but I had the trust of the venue owners. And
- 48:57Speaker 2: that's what really made it all work and allowed us
- 49:00Speaker 2: to flourish.
- 49:01Speaker 3: Love it. Naughty by nature at the Roxy.
- 49:03Speaker 2: I did Sir Mix a lot at the Viper Room.
- 49:06Speaker 2: You know, just like stuff that you wouldn't even think
- 49:10Speaker 2: was even possible or or advertisers. I took those risks,
- 49:15Speaker 2: you know, and and and and it ties into this
- 49:18Speaker 2: party bar side at the troubadour no one ever thought
- 49:21Speaker 2: of doing that so it's just it's it's just great
- 49:23Speaker 2: i love i still love it to this day i
- 49:25Speaker 2: love coming to work you know i'm thankful to the
- 49:27Speaker 2: industry really first and foremost very grateful to the industry
- 49:31Speaker 2: i know that there's a lot of mystique about us, um,
- 49:36Speaker 2: from the past, um, where maybe this ties into, well,
- 49:39Speaker 2: why hasn't anyone bought you? I think there's still this like, oh,
- 49:43Speaker 2: he has five bands selling tickets at the Roxy or
- 49:46Speaker 2: he has five.
- 49:49Speaker 5: Right.
- 49:49Speaker 2: And so for many years, yes, we flooded the sunset
- 49:53Speaker 2: strip with hard tickets and we got people into venues
- 49:56Speaker 2: and they bought drinks and they tipped the bartenders and
- 50:00Speaker 2: they played the best show they ever played. it never
- 50:03Speaker 2: hurt a soul and there shouldn't be any stigma attached
- 50:06Speaker 2: to it. And now we're all, we're pretty much just
- 50:09Speaker 2: in the, in the, you know, the K-pop stuff. There
- 50:11Speaker 2: are no openers. There are no priests. It's all public tickets.
- 50:15Speaker 2: So our world's changed quite a bit, but grateful to
- 50:18Speaker 2: the industry, grateful for the people that continue to give
- 50:21Speaker 2: us opportunity and give us a shot. And I'm very
- 50:24Speaker 2: happy with my team and where we are in, in
- 50:28Speaker 2: our little slice of the business.
- 50:30Speaker 3: All right. Sean Heerly on Promoter 101, the second time around,
- 50:35Speaker 3: talking about 30 years of the business and still going
- 50:38Speaker 3: strong from hip hop to pay and play to doing
- 50:43Speaker 3: the Chicago theater with K-pop acts and running around the
- 50:46Speaker 3: country and possibly the world. Thank you so much, Sean.
- 50:49Speaker 2: Dude, thank you. Thank you guys so much. And we'll
- 50:51Speaker 2: see you soon.
- 50:53Speaker 3: John Valentino with AEG Presents.
- 50:55Speaker 2: And here we are on Promoter 101.
- 50:57Speaker 3: The quote of the month. You cannot unshatter a glass.
- 51:01Speaker 1: The great Jeff White.
- 51:04Speaker 4: Is this right after Jeff White shattered a glass?
- 51:08Speaker 3: It was when Jeff was sitting on the porch and
- 51:10Speaker 3: he was acting poetic, Luke. Great upsides of living in
- 51:15Speaker 3: Mill Valley now is I get to see more Jeff
- 51:17Speaker 3: White and hear things like, you can't unshatter a glass.
- 51:20Speaker 5: There should be a book of Jeff White-isms out the
- 51:23Speaker 5: door someday. We need to write these things down. More
- 51:25Speaker 5: quotes from Jeff White, please.
- 51:27Speaker 1: Quotes from the great Jeff White.
- 51:29Speaker 4: Many, many hats.
- 51:32Speaker 2: Hi, this is John Scherr from Metropolitan Entertainment Consultants. Promoter 101.
- 51:37Speaker 5: Where does the time go? Appreciate you listening. Appreciate you
- 51:40Speaker 5: tuning in. Special thanks to Sean Healy for being a
- 51:42Speaker 5: part of this podcast. And congrats again, Sean.
- 51:45Speaker 4: On 30 Amazing Years.
- 51:47Speaker 5: Until next time, friends, if you miss us and you
- 51:49Speaker 5: want to catch up, drop us a line, hit us
- 51:51Speaker 5: at steinie at promoter101.
- 51:52Speaker 4: Net. We'd love to hear from you.
- 51:54Speaker 3: Thank you so much for listening. We'll be back September
- 51:57Speaker 3: 24th in our normal time, and then the last Thursday
- 52:01Speaker 3: of every month until we decide to go back into hiatus,
- 52:04Speaker 3: I guess.
- 52:05Speaker 4: Our September episode will feature City Winery's Michael Dorff. Hi,
- 52:09Speaker 4: I'm Michael Dorff. I'm a founder of City Winery.
- 52:12Speaker 3: I also founded a little club a long time ago
- 52:14Speaker 3: called The Knitting Factory.
- 52:15Speaker 4: And I'm excited to be on Promoter 101. Until then,
- 52:18Speaker 4: we're wishing you sold-out shows for the month ahead.
- 52:21Speaker 1: Cheers!
- 52:22Speaker 3: Call your mother. You know what?
- 52:24Speaker 2: Call your father, too.
- 52:26Speaker 1: He's been fucking left out for way too long.
- 52:28Speaker 2: He worries. He worries. Visit the buffet called Promoter 101.