Live from The Compound with Michael Rapino
The Compound and Friends
Josh Brown
4.7 • 2.2K Ratings
🗓️ 24 May 2022
⏱️ 49 minutes
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| 0:00.0 | Hello everybody and welcome to the compound. Thank you so much for joining us this evening. |
| 0:14.3 | It's Monday night and you know if we schedule something for Monday night, we're usually |
| 0:18.6 | bringing on somebody special tonight. I am so excited to introduce you guys to somebody |
| 0:24.4 | who I have admired from afar for a long time and I'm actually a shareholder of his. Michael |
| 0:30.6 | Rapinoe who is the president and CEO of Live Nation and probably one of the most influential |
| 0:37.6 | people in music. Is that a stretch or do you think you are? How would you phrase it? |
| 0:45.4 | You know live is pretty important to the artist. I think as we say it's 90% of their revenue |
| 0:49.9 | we spend about six billion dollars at midnight so I think live is a pretty good part in |
| 0:54.5 | a stretch. You're going to own that. You're pretty influential guy. I want to give people |
| 1:01.2 | your backstory because it's amazing and I know it second hand from Brooke and I've read |
| 1:07.9 | a bunch about you but I want to hear it in your own words because I want people to understand |
| 1:13.7 | the vision behind what you started where you came from and then we're going to talk |
| 1:20.0 | about Live Nation as it stands today which 20 billion dollar publicly traded company, absolute |
| 1:27.4 | giant in the music biz. Where did it all come from and where did you come from? |
| 1:35.0 | The condensed story is I grew up in a small town. Thunder Bay Canada went to university |
| 1:39.9 | and at Lake Ed University ranked very high in the social calendar in Canada, spear drinking |
| 1:47.6 | capital. So I started book and shows in the college and I did a great show with Jeff |
| 1:55.4 | Healy, Canadian artist and some local promoters loved the business. At the time in Canada there |
| 2:02.4 | was a rolling stone steel wheels tour some other promoters were working and I just loved |
| 2:08.4 | the idea of being the promoter sitting backstage putting this show on and I had one of my mentors |
| 2:14.4 | Robert Peters and I sat in a bar in Thunder Bay and on a napkin said I want to build the |
| 2:19.1 | largest live entertainment company in the world. I just saw how special it was. Now I |
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