Podcast Summary
What 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 Venue, 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.
Episode Highlights
Redefining Live Entertainment Venues: The episode delves into the transformation of outdoor entertainment spaces with the development of luxury amphitheaters that cater to the modern demands of concert-goers. These venues are not only designed for optimal fan enjoyment but also set new standards for the live entertainment industry.
- Economic Impact and Public-Private Partnerships: A significant focus is placed on the economic benefits these amphitheaters bring to local municipalities. By using economic impact studies, cities like McKinney have committed substantial investments, with projections indicating multi-billion dollar boosts to the local economy.
- Innovative Features and Ambiance: The podcast highlights the innovative features of these multi-seasonal venues, such as temperature control, fractional ownership, and elevated dining options. Attention to detail in creating an exceptional ambiance ensures a unique and immersive experience for both audiences and artists.
- Strategic Collaborations and Industry Leadership: The episode discusses strategic collaborations with industry giants like House of Blues and Live Nation, as well as the recruitment of top talent to enhance the operations and success of the amphitheaters. These partnerships help secure content and ensure the venues remain at the forefront of the entertainment landscape.
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Website: https://innovativewealth.com/
Instagram: https://businesslegacypodcast.com/
Connect with JW here:
Website: https://venu.live/
Podcast: https://podcasts.apple.com/us/podcast/encore-equity/id1793684580
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About JW:
JW Roth, a fifth-generation Colorado native, is Chairman and CEO of Venu. Mr. Roth Founded the Company in March 2017. Mr. Roth is also the Founder and Chairman of Roth Industries, LLC, an 85-ton per week prepared foods plant located in Colorado Springs, Colorado. Additionally, Mr. Roth is the sole manager and 50 percent shareholder of Centennial Standard Real Estate Company and co-manager of Touch 4 Partners, LLC, a venture capital investment fund. With more than 30 years of private and public company experience, Mr. Roth has been actively involved in helping take several companies public, including Aspen Bio, Inc. And Where Food Comes From, Inc. Mr. Roth has been featured in such publications as the Wall Street Journal, Fortune Magazine, and more than 50 business journals throughout the United States. He’s made multiple appearances on CNBC and Bloomberg Television and was named to the Venues Now 2022 All-Stars List.
