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info_outlineWhat if you could transform the live entertainment landscape while driving monumental economic growth for cities? Join us as we sit down with JW Roth, the visionary behind Venu, whose passion for music and innovative approach to building luxury outdoor amphitheaters are changing how we experience live performances. Discover how Roth’s transition from founding Roth Premium Foods to creating state-of-the-art venues was driven by the surging demand for concert tickets and the influx of new artists. He shares his unique strategy of mirroring successful public-private partnerships in sports, leading to groundbreaking projects like the Ford Amphitheater and nearly a billion dollars in amphitheater construction already underway.
Roth’s journey is an inspiring tale of transforming passion into a thriving enterprise with far-reaching impact. In our conversation, we explore how these multi-seasonal venues don’t just host concerts but redefine them with innovations like year-round temperature control, upscale dining options, and fractional ownership. Learn how cities like McKinney were convinced to invest big, thanks to projected economic benefits reaching billions. With a team assembled from industry giants like House of Blues and Live Nation, Venue is crafting unparalleled fan experiences. Tune in to discover how every detail is curated to elevate ambiance and redefine live entertainment for audiences nationwide.
Timestamps
00:00:00 - Introduction and Welcome to Business Legacy Podcast
00:00:15 - Introduction of Guest JW Roth, CEO, Founder, and Chairman of Venu
00:00:40 - JW Roth's Transition from Food Manufacturing to Live Entertainment
00:01:20 - The Increasing Demand for Modern Concert Venus
00:02:10 - Inspiration from Public-Private Partnerships in Sports
00:02:45 - The Development of the Ford Amphitheater as a Model
00:03:30 - Overview of Nearly a Billion Dollars in Amphitheater Construction
00:04:18 - The Role of Economic Impact Studies in Securing City Investments
00:05:00 - Examples of Municipal Investments, Like McKinney's $100 Million Commitment
00:05:45 - Innovations in Multi-Seasonal Amphitheaters
00:06:30 - Introduction of Luxe Dining Options and Collaborations with Industry Giants
00:07:15 - Poaching Top Talent and Partnering with Major Promoters
00:08:00 - Creating Ambiance and the Importance of Fan Experience
00:08:45 - Unique Features of Venu's Amphitheaters
00:09:30 - JW Roth's Approach to Building Legacy and Generosity
00:10:15 - Roth's Vision for Venu's Future Expansion and Impact
00:11:00 - The Importance of Ambiance and Experience in Roth's Venues
00:11:45 - How JW Roth Finds Talent and Specialists for Venue
00:12:30 - Reflections on Feedback from Fans and Artists
00:13:15 - JW Roth's Personal Definition of Legacy
00:14:00 - Closing Remarks and Where to Find More Information About Venu
Episode Resources:
Find out more about Jw and VenuLive is up to here:https://venu.live/
Legacy Podcast: For more information about the Legacy Podcast and its co-hosts, visit businesslegacypodcast.com.
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