Jan. 4, 2024
#214 - The Sponsors - talking about the industry - looking back and ahead to 2024

A pretty great collection of interviews beginning with Eric Loader from , then Daniel Anderson, , Ben Saltzman, , Brad Nelms, and finally, Rick McKinney from . Each of them shared their thoughts on the year that just was, and of course, 2024 as well. Some great business insights here. And of course, we're filled with gratitude for these companies, some of whom have sponsored the podcast since the very beginning. THANK YOU!!!
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Well, hello and welcome to the
episode called Sarah Fixing Her
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Hair.
I like how you got that bit in
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at the beginning.
I just kind of threw this on
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her.
I said, hey, by the way, why
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don't you jump in and record
this like about one minute
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before we recorded it.
So this is officially, what
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episode number is this?
Sarah, I'm going to ask you.
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You're.
The producer Come on, produce a
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number.
Give me a.
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Number. 214214 It is episode
214, so this is a special
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episode which is by and for our
sponsors.
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We've had four real core main
sponsors this year and then one
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additional one that kind of
popped in for a few episodes,
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you know, I will tell you.
So all four of those core
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sponsors are included in this
podcast.
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I wanted or we wanted to hear
directly from our sponsors
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basically, what do you think
about the State of the Union?
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Where do you think we're headed
as an industry this year?
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And you know really gratitude
like just to thank them and and
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you know I keep saying it but
without sponsors.
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You know, if I had to do all the
work myself without the lovely
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Sarah and also you know, without
even having the bills paid
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because it does cost money to
produce a a podcast whether you
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you know that or not it really
does cost money.
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And so I mean really the
sponsors make it happen.
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We're very happy.
We're very proud.
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We're very grateful for those
sponsors, especially, you know,
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and I hate to call out any
individual sponsors, but Elation
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and ACT have been with us since
the very beginning of this
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podcast four or five years ago,
Very supportive.
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We're very appreciative for both
of them, but for everyone.
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And so also Sarah is actually
reaching out to a bunch of new
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sponsors right now because we're
planning to add I think 2:00 to
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4:00 new sponsors this year.
And that doesn't take away from
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or devalue or water down the
sponsorship value.
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It actually we're changing how
we're representing sponsors and
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making sure that I think you've
seen recently especially with
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Sarah coming in, you know she's
stepping up social media to
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present those sponsors and thank
them and and everything else.
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So anything you want to.
Have more.
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Basically, yeah.
There's going to be more of
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everything when you know,
sponsors come on board.
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You know we want to be seen
every day.
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You know, you may get sick of
us, but we want you to see us
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every day and we do want to show
our appreciation to the
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sponsors.
And you know, even since I've,
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I've got just over a month now
I've been on board and you know,
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the everyone's been so lovely to
me, You know, they're sort of
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responding to me, all the rest
of it.
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So it's been fabulous.
And then when we came up with
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this idea for this podcast,
Marcel was like, yeah, let's do
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it.
And again, we've got everyone on
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board, so it's great for
everyone to see them as well.
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Oh this was your idea and and
it's a great idea because the
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conversations I've had so far
with three of the sponsors and
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and we're about to do the 4th
one right now before this gets
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published next week I guess.
And so yeah great idea.
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We're going to continue doing
things like this calling on the
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sponsors For more information.
You know getting people who work
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for those sponsors to come in
and and talk to us not because
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we owe it to the sponsors or
anything but because they're all
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interesting people.
I mean if you think of who our
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sponsors are now you you've got
you know Eric Loder at ELATION
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and the rest of the people at
ELATION, Ben Saltzman at ACT and
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the rest of the people at ACT,
Mike Cannon.
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Everyone knows Mike Cannon, Dan
Anderson we had on or Daniel.
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Sorry, we had on this episode as
well.
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Great guy.
So yeah, I mean, we wanna hear
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from these people and it makes
for interesting chats.
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And to be honest with you from
these chats, I think we'll end
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up doing like a whole episode,
you know, because everyone's
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chat was so good and it wasn't
just about their businesses, it
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was about everything.
So you know what base for more?
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Well, there are loads more.
Well, I mean again as if you
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look at you know these chats
that you're about to hear here,
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you know basically roughly 20 to
30 minutes per company, four
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companies, very different
companies.
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Two are are what you would
probably call rental companies,
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one is a dry hire rental
company, very large, one main
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light.
The other one is a small
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regional rental company
primarily focused on commercial
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or industrial events, corporate
events and all just very, very
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different answers.
Two leading manufacturer slash
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distributors who are both you
know multi $100 million
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companies not small companies.
And so to get everyone's
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viewpoints is is just really
fantastic and I'm glad we shoved
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this all.
Into one.
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Episode.
You're forgetting Brad as well
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from Gearsource.
Yes, we do.
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Have the lovely.
Brad, I keep forgetting about
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Brad.
Yeah, there's five.
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Well, I try not to give too much
credit to Gearsource, even
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though it pays most of the
bills.
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Yeah, it pays most of the bills.
So yes, there is.
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Gearsource is our fifth sponsor.
I keep forgetting about them.
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So.
So yeah, I mean, let's let's
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just go ahead and get these
talks.
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Started Bye Sarah, Bye.
Well, hello there Mr. Eric.
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How are you?
I'm doing well, Marcel.
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How are you?
I'm great.
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Merry Christmas, buddy.
Merry.
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Christmas are.
We allowed to say that, Yeah,
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we're allowed to say that We're
both absolutely.
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We're both absolutely
Christians.
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How'd it go?
This is being recorded on what
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we Canadians and Europeans would
call Boxing Day.
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Well, I guess Brits too, because
they're no longer Europeans,
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supposedly, which I argue with
my girlfriend about that all the
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time.
By the way, she says no, we're
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still Europeans, we're just not
part of the EU.
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And I'm like, well, isn't that
Europe?
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But yeah, that one's it's.
Good Christmas.
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Christmas is good.
You know, it's different now
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when your kids get older.
You know, it's not as exciting
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as it used to be, but it's, you
know, just get good getting the
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family together.
You know, we're going to see the
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rest of our family for the years
and then, you know, I got to
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play golf, so that was always
fun.
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Well, there's a shocker.
How many rounds have you played
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since you closed up office?
No, just one.
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I actually, I hurt my back a
little bit yesterdays.
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But I did some therapy.
I feel better today.
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So.
I hurt my back.
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Every time I play golf, it's got
something.
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To do with swinging way too hard
and thinking I'm Tiger Woods.
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Yeah, and I don't think it was
the golf, but, you know, just
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get just getting old.
Yeah, yeah, it's hard, man.
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It's hard to do anything
anymore, like without tons of
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pre work and after work.
And you know, cuz like skiing.
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I've I've been skiing since I
was 7 to 8 years old I think,
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and I ski pretty well.
But now I'll do one or two runs
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and I'm dead.
I'm like ready for a hot tub,
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you know, and I don't know what
to do about it.
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Like, I guess I could do skiing
exercises for three months
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before I go skiing for three
days.
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But the problem is, most of the
friends that I ski with up in
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Canada, they ski 100 days a
year.
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I ski 4.
Can't keep up with them.
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Yeah.
No, you just, you don't have
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those muscles anymore, you know,
or or they just don't stay as
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fresh as they did when I was
younger, you know, like when I
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was even 40, I could, I could go
skiing three days a year and
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have no trouble.
Yeah, I'd be a little sore the
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second day or whatever, but I
get it, believe me.
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So you've got your daughter back
from England, from College in
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England.
So that's.
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Going to be cool, yeah.
Yeah, it's fun.
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It's, you know, she's doing
good.
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She's ready to, you know, into
her second semester, I guess the
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college or whatever there.
And it's exciting.
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So she's happy.
She's.
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Doing well.
And it's not like kicking her
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ass.
It's not.
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Like, no.
It's interesting actually, the
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load.
It seems like the first semester
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workload was very mild and they
kind of told her, listen, you're
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we're going to start you slow,
but second semester you just got
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two more classes and things
really pick up.
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So I think, I think it's good.
I like that that they start,
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especially when you're studying,
you know, internationally it's a
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lot, a lot of change, right.
So I think in general, I think
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for college kids coming in, you
know, they all like to party and
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go out and drink and do all that
stuff.
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So they get that out of their
system first semester and then
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OK, time to buckle down and.
She hasn't introduced you to her
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new British boyfriend yet or
anything.
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Not yet.
Not yet.
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That's good.
It's coming.
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It's coming.
Pop.
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I'm sorry, but it's coming.
All kids grow up, unfortunately.
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It's nice.
I I think we talked before we
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started recording or maybe just
when we started recording about
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how it's changed.
And you know, it's very much the
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same for me.
Like the present opening
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ceremony was very short.
And you know, then he's gone off
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driving his SIM in his room or
whatever and or dealing with his
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friends or something.
So yeah, it's just not the same.
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Used to be a whole day event.
Now it's 10 minutes and gone.
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Yeah, exactly.
Except for meals when they get
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hungry.
Yeah, I was going to ask you,
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and this is more to talk a
little bit about the industry
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and stuff, but I wanted to ask
you, I saw on social media
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recently the Saint Louis Arch
had been lit by some Proteus
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something or other Proteus.
Which one?
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Brutus Brutus.
By the way, have you listened to
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my bloopers yet?
Yeah, I listened to that you.
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I know you love our You Love our
Proteus series.
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Oh my God.
What you guys have to do is
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before sending me those promos,
read them out loud.
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Like just.
Read it, We say it, we say it
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every day, we say it every day.
So it's easy for us.
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So yeah.
Now these are there's a 7076
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Proteus Brutus Down permanently
installed at the Saint Louis
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Arch.
OK, they turned it on last week
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or yeah, maybe 10 days ago now.
And you remember Michael O'Keefe
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from TPI of?
Course so.
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He he did the project.
You know he a year ago he came
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to me and said, Eric, you got
this new life at 70,000 lumens
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and I think it'll work great on
this project.
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Can we do a mock up?
And I said sure.
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So in November we went and did a
mock up with six units last year
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and you know it showed it to the
committee that's in charge of
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the Gateway Arch and and the
designer and all that And they
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were impressed.
Yeah.
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So you know, as most things do,
it takes a while to get done.
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And yeah, finally got installed
and and it's, it looks great.
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So a couple questions.
One, I mean, I'm assuming that
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this became a much easier
solution than the alternatives,
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which you know, we both know in
the past would have been some
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sort of either Xenon or or you
know, metal halide or something
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that obviously wouldn't do some
of the cool things that you're
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doing.
And then Part 2 is what kind of
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cool things are you doing?
Like they're not just sitting
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stationary in white, are they?
Well, for now they are.
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You know, it it because it's a
National Monument, it literally
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takes an act of Congress to make
any change to how you light it.
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Yeah.
So you know they have done
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different things in the history
they've they've lit the arch up
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for years with different
technologies but and but they
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would put they would put gels on
the lights or they would you
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know do different things.
But now you know, obviously you
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00:12:10,560 --> 00:12:16,120
know LED's finally bright enough
to do this application and of
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course the lights can do a lot
more than what they're using
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them for.
But they have they have a lot of
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experience now having you know
maintained a lighting system
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there for however long they know
what works, what works and
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00:12:28,800 --> 00:12:30,520
doesn't.
And the fact that they are
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00:12:30,520 --> 00:12:33,800
automated fixtures helps them
park them in a position where
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you know birds don't go on the
lens and you know, you know
230
00:12:38,760 --> 00:12:43,760
vandals and and you know
exactly, you know vandals and
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00:12:43,760 --> 00:12:45,960
different things.
So you know, I think they, you
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know, you know let's let's see
how it goes.
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But it's they'll be able to do a
bunch of cool stuff when you
234
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when they turn it on every
night, it actually fades up.
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You know they've controlled it
where it fades up and fills the
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arch in the 32nd time sequence.
So that's why that's cool.
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For people that want to go there
and kind of watch it turn on,
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it's, you know, instead of just
kind of dimming up.
239
00:13:05,120 --> 00:13:07,880
Yeah, I would.
Guess at some point that they
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will probably like allow
companies or people or
241
00:13:14,080 --> 00:13:19,360
associations to like either bid
for or request color, you know
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00:13:19,360 --> 00:13:22,920
pink for breast cancer and those
types of things.
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00:13:23,640 --> 00:13:26,000
Yeah, I think national holidays
would be, you know, on the
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table, 4th of July, that kind of
stuff.
245
00:13:28,000 --> 00:13:30,880
Yeah.
And you know maybe for certain
246
00:13:31,720 --> 00:13:34,200
causes I don't think they want,
I don't think they'll
247
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commercialize it necessarily,
but because it's a National
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Monument, but I think you know
the fact that they went from
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7000 Watt fixtures to 1200 Watt
fixtures, they're saving a lot
250
00:13:43,000 --> 00:13:48,920
of energy.
And you know, I think they, you
251
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know, they just the flexibility
they'll have at the system now
252
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is.
Yeah, well, I remember when I
253
00:13:53,080 --> 00:13:55,920
provided an LED package to the
Miami tower.
254
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One of the earliest things that
started happening is accompanies
255
00:14:01,800 --> 00:14:06,080
the Miami Dolphins like sports
franchises, movies.
256
00:14:06,640 --> 00:14:09,960
So I remember Bad Boy, I think
it was Bad Boy Two or something.
257
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Wanted the building a certain
color for a certain scene of the
258
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movie, and they charged an
enormous amount of money to just
259
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like go think and change the
color of the entire building,
260
00:14:22,320 --> 00:14:23,960
right?
Yeah, it'll be interesting to
261
00:14:23,960 --> 00:14:27,600
see if like, you know, the Saint
Louis Blues or the Cardinals or,
262
00:14:27,600 --> 00:14:30,960
you know, one of the one of the
sports teams will want to get it
263
00:14:30,960 --> 00:14:33,040
colored if they're in the World
Series or whatever.
264
00:14:33,080 --> 00:14:35,080
So, you know, we'll see what.
We'll see what happens.
265
00:14:35,080 --> 00:14:37,600
And it's exciting.
You know, it's one of those,
266
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it's one of those projects for
me that, you know, I was happy
267
00:14:41,880 --> 00:14:43,880
to be involved in the beginning.
Michael came to me.
268
00:14:43,880 --> 00:14:46,520
We've known Michael for 20 years
plus, I think we took him.
269
00:14:46,600 --> 00:14:49,040
Did we take him to Denmark?
I don't remember.
270
00:14:49,400 --> 00:14:52,640
I don't remember either.
But you know we've known Michael
271
00:14:52,640 --> 00:14:56,000
a long time and that he the fact
that he came to me and and you
272
00:14:56,000 --> 00:14:59,680
know my team, we went and did it
and we got the deal and the fact
273
00:14:59,720 --> 00:15:00,200
that.
You have a.
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00:15:00,200 --> 00:15:03,280
Light called the Brutus probably
didn't hurt.
275
00:15:04,560 --> 00:15:06,120
Yeah, you know.
It needed to be.
276
00:15:06,160 --> 00:15:08,080
It needed to be a bright light.
Badass.
277
00:15:08,840 --> 00:15:10,520
Yeah, yeah, it needed to be
bright.
278
00:15:10,760 --> 00:15:12,960
How?
How tall is the like center
279
00:15:12,960 --> 00:15:15,560
point of the arch?
Without going to Wikipedia, I
280
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think it's 650 feet or 600.
It's up there.
281
00:15:19,520 --> 00:15:22,520
Yeah, it's tall.
And all the lights are mounted
282
00:15:22,520 --> 00:15:25,960
underground in these kind of
pits that you know you have
283
00:15:25,960 --> 00:15:28,960
access to and all that and
drainage and pump systems and
284
00:15:28,960 --> 00:15:30,920
all that.
So it's, it's pretty quick the
285
00:15:30,920 --> 00:15:34,160
light shoot through these metal
grates and you know there's some
286
00:15:34,160 --> 00:15:37,280
on the West side, I think
there's 48 fixtures on the West
287
00:15:37,280 --> 00:15:40,600
side, the Saint Louis side of
the arch and then there's 2028
288
00:15:40,600 --> 00:15:44,120
fixtures on the east side which
is the Illinois side of the
289
00:15:45,520 --> 00:15:48,040
nation.
So pretty, pretty impressive,
290
00:15:48,440 --> 00:15:51,280
pretty impressive thing to see.
Yeah, that's very cool.
291
00:15:51,280 --> 00:15:52,960
Congratulations.
That's a cool project.
292
00:15:52,960 --> 00:15:55,200
I mean it, you know, we're
getting older.
293
00:15:55,200 --> 00:15:57,760
It's one of those ones that you
look back and you go, I remember
294
00:15:57,760 --> 00:16:00,440
that, you know, and it'll pop up
in your memories every year on
295
00:16:00,440 --> 00:16:04,040
Facebook and you'll post it
again, you know, I mean, anytime
296
00:16:04,040 --> 00:16:08,400
you like that iconic a building
or a monument, especially like
297
00:16:08,400 --> 00:16:11,800
that one, that's proud moment,
that's bigger than just a job,
298
00:16:11,920 --> 00:16:15,120
right.
You've sold bigger jobs than 72
299
00:16:15,120 --> 00:16:18,280
lights, but probably not many
bigger than this from a
300
00:16:18,280 --> 00:16:21,400
standpoint of, you know, just
what it means, right.
301
00:16:21,400 --> 00:16:23,400
So it's cool, very cool.
Congrats.
302
00:16:24,240 --> 00:16:29,280
So I just have, I have basically
a few questions that I'm sort of
303
00:16:29,360 --> 00:16:33,120
asking everyone, all of our
sponsors.
304
00:16:33,120 --> 00:16:35,720
So you're obviously first of
all, thank you very much for
305
00:16:35,720 --> 00:16:39,440
being one of our, probably our
very first, if not one of the
306
00:16:39,440 --> 00:16:44,280
first sponsors of our podcast
and stuck with us through thick
307
00:16:44,280 --> 00:16:46,800
and thin, through COVID, through
all kinds of things.
308
00:16:46,800 --> 00:16:51,800
And we appreciate you.
We appreciate elation, and I
309
00:16:51,800 --> 00:16:55,360
always enjoy having you on the
podcast, of course, even the one
310
00:16:55,400 --> 00:16:59,120
time where you had to record it
twice in full on your 50th
311
00:16:59,120 --> 00:17:00,800
birthday.
On my birthday, yeah.
312
00:17:01,040 --> 00:17:02,960
Yeah, yeah.
Which I will never forget,
313
00:17:03,000 --> 00:17:05,920
believe me.
You talk to me about stories
314
00:17:05,920 --> 00:17:07,720
that I repeat, and that's
definitely one of them.
315
00:17:07,720 --> 00:17:10,960
Because it sucked.
That was terrible.
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00:17:11,480 --> 00:17:19,119
So, yeah, but so Speaking of
2023, sort of the results in our
317
00:17:19,119 --> 00:17:22,640
industry, like what what our
industry looked like, would you
318
00:17:22,640 --> 00:17:27,400
say that 2023 was better than
expected, worse than expected or
319
00:17:27,400 --> 00:17:31,920
as expected?
Well, I I don't think any of us
320
00:17:31,920 --> 00:17:36,480
expected a lot of the events
that happened in 2023 going into
321
00:17:36,480 --> 00:17:37,800
the year.
I think we were all very
322
00:17:37,800 --> 00:17:40,080
bullish.
You know 2022 I think for
323
00:17:40,080 --> 00:17:42,400
everybody was a record year
because of all the pent up
324
00:17:42,400 --> 00:17:47,080
demand because of you know the
shutdown and COVID and all that
325
00:17:48,400 --> 00:17:51,520
you know.
So 2022 is one of the the years
326
00:17:51,520 --> 00:17:54,320
that will be the new you know
it's going to be how do we get
327
00:17:54,320 --> 00:17:57,160
back to that level.
I think you know going forward
328
00:17:57,880 --> 00:17:59,520
because there was so much pent
up demand.
329
00:17:59,840 --> 00:18:01,880
I think we were all hopeful
going in we were all hopeful
330
00:18:01,880 --> 00:18:02,960
going to 20.
Oh, we have.
331
00:18:02,960 --> 00:18:06,040
We're going to grow 10%, twenty
percent 23.
332
00:18:06,760 --> 00:18:09,680
I mean I'd be surprised if if
many companies unless you had a
333
00:18:10,080 --> 00:18:13,560
standout product or finally got
to delivering to us, you know
334
00:18:13,560 --> 00:18:16,040
maybe you didn't deliver as much
as you could in 22 and now
335
00:18:16,040 --> 00:18:20,440
you're delivering in 23.
But for us, I, you know I think
336
00:18:20,440 --> 00:18:23,320
we would have been happy to be
flat this year or up a little
337
00:18:23,320 --> 00:18:28,320
bit, you know and we are not,
we're just below that.
338
00:18:28,320 --> 00:18:30,560
But overall for us it's a good
year.
339
00:18:30,560 --> 00:18:34,920
So we can't, especially when you
consider, you know, there's two
340
00:18:34,920 --> 00:18:37,800
wars going on.
There's the the interest rates.
341
00:18:37,800 --> 00:18:41,040
There's We had the film TV
Strike, which was a big gut
342
00:18:41,040 --> 00:18:42,520
punch to a lot of our.
Industry.
343
00:18:42,520 --> 00:18:43,680
Yeah, we.
Forget.
344
00:18:43,840 --> 00:18:48,280
About some of ours, yeah.
You know the the, the, the
345
00:18:50,840 --> 00:18:53,640
manufacturers that really focus
on that market I think took a
346
00:18:53,640 --> 00:18:57,600
big hit this year and
fortunately elation we're pretty
347
00:18:57,600 --> 00:18:59,480
diversified into a lot of
different verticals.
348
00:18:59,480 --> 00:19:02,200
So yeah, it affected our
business, but.
349
00:19:02,200 --> 00:19:05,400
What about Ari?
Like with the timing of buying
350
00:19:05,400 --> 00:19:08,280
Clay Paki and then boom, all of
a sudden that happens.
351
00:19:10,000 --> 00:19:13,680
I mean it's definitely you have
to have a strong stomach to to
352
00:19:13,680 --> 00:19:16,120
weather.
I mean it's almost another COVID
353
00:19:16,120 --> 00:19:20,560
type event for that industry
because it shut down, it shut
354
00:19:20,560 --> 00:19:22,120
down and in.
Some sense worse.
355
00:19:22,440 --> 00:19:24,960
I mean, I don't know.
Like in some sense worse because
356
00:19:24,960 --> 00:19:27,760
it's completely shut down.
Yeah, Crazy.
357
00:19:28,120 --> 00:19:30,120
Well, there was, there was some
stuff still happening.
358
00:19:30,240 --> 00:19:32,320
I mean game shows and things
that didn't need a lot of
359
00:19:32,320 --> 00:19:35,520
scripts but the but the film
industry if they had a lot in
360
00:19:35,520 --> 00:19:37,880
the can from 22.
So I think, you know, that's why
361
00:19:37,880 --> 00:19:41,160
it lasted so long, but now
they're back and I think that'll
362
00:19:41,160 --> 00:19:44,520
help us next year.
You know, I think interest
363
00:19:44,520 --> 00:19:48,240
rates, you know, we, we expected
a lot of people to still invest
364
00:19:48,240 --> 00:19:49,920
in 23.
And I think the rental companies
365
00:19:49,920 --> 00:19:52,720
started to realize, whoa, you
know, money's money's a lot more
366
00:19:52,720 --> 00:19:55,560
now and we're just going to try
and use what we can.
367
00:19:55,560 --> 00:19:57,960
We're going to, you know, keep
our commitments on purchasing
368
00:19:57,960 --> 00:20:00,640
what we plan to purchase, but
we're not going to go crazy this
369
00:20:00,640 --> 00:20:06,880
year and buying, right?
Well, and add add to that, you
370
00:20:06,880 --> 00:20:08,960
know the fact that they had to
start paying back the cheap
371
00:20:08,960 --> 00:20:12,200
money that they got during
COVID, you know the timing was
372
00:20:12,320 --> 00:20:14,880
during this year that most
companies had to start paying
373
00:20:14,880 --> 00:20:17,960
that money back and there was a
lot of debt taken on by our
374
00:20:17,960 --> 00:20:21,200
industry at that time.
So, well, a lot of people, a lot
375
00:20:21,200 --> 00:20:24,800
of people had purchased in 22
for the 2023 tours, right?
376
00:20:24,800 --> 00:20:27,880
So a lot of, a lot of the buying
we saw last year was actually
377
00:20:27,880 --> 00:20:30,840
for business this year.
All the big stadium stadium
378
00:20:30,840 --> 00:20:33,120
tours that were out there that
had thankfully a lot of our
379
00:20:33,120 --> 00:20:36,480
lights on it, you know, that
stuff was bought in 22, So yeah.
380
00:20:37,200 --> 00:20:41,120
Yeah, I don't know.
Didn't Matthias or you or
381
00:20:41,120 --> 00:20:44,840
somebody see this all coming
with these crazy number of
382
00:20:44,840 --> 00:20:47,560
stadium shows?
Or was that just incredibly good
383
00:20:47,560 --> 00:20:51,720
luck that you happen to have an
outdoor very bright fixture?
384
00:20:52,840 --> 00:20:56,440
No, I mean, you know, design
designers, you know, came to us
385
00:20:56,440 --> 00:20:58,960
a few years ago and said listen,
you know, especially after
386
00:20:58,960 --> 00:21:00,840
COVID, more and more shows were
going outside.
387
00:21:00,840 --> 00:21:04,320
People felt more comfortable
going to shows outdoors.
388
00:21:04,920 --> 00:21:07,960
So because of our Proteus range
we knew that you know and we've
389
00:21:07,960 --> 00:21:13,600
seen a lot of success on Proteus
Maximus in 2021, well 20 not but
390
00:21:13,600 --> 00:21:18,520
2122 you know I think we we knew
that there was more appetite for
391
00:21:18,520 --> 00:21:23,280
big outdoor fixtures and you
know produce hybrid we launched
392
00:21:23,280 --> 00:21:27,720
in 2017 and you know what so
we've already been on the market
393
00:21:27,720 --> 00:21:29,600
for five years with that
product, had a lot of
394
00:21:29,600 --> 00:21:32,600
experience.
So we just grew that line, LED
395
00:21:32,720 --> 00:21:36,040
again, got bright enough to be
now you know in an outdoor
396
00:21:36,040 --> 00:21:39,760
fixture and you know we still
have discharge lamp.
397
00:21:39,920 --> 00:21:42,520
We just launched the Proteus
Hybrid Max, which is the
398
00:21:43,000 --> 00:21:46,440
evolution of Proteus Hybrid.
And you know, it's smaller, it's
399
00:21:46,440 --> 00:21:50,560
brighter, it's faster, it's less
money, you know, So the
400
00:21:50,560 --> 00:21:53,880
technology's caught up now, five
years later, six years later,
401
00:21:53,880 --> 00:21:58,200
almost that, you know, the
discharge lamps are still viable
402
00:21:58,200 --> 00:22:00,640
for being hybrid fixtures, but
everything else is LED.
403
00:22:00,800 --> 00:22:04,640
And you know, the tours, the
tours have benefited from it.
404
00:22:05,320 --> 00:22:08,280
Yeah, yeah.
That's.
405
00:22:08,280 --> 00:22:11,480
An interesting, interesting
point and I mean for sure
406
00:22:11,520 --> 00:22:17,360
elation went hard and heavy on
on IP stuff I think before
407
00:22:17,360 --> 00:22:20,360
pretty much anyone else did like
where you had sort of a full
408
00:22:20,360 --> 00:22:22,520
range of product before anybody
for moving.
409
00:22:22,520 --> 00:22:24,360
Heads, yeah, moving, moving
heads.
410
00:22:24,360 --> 00:22:27,000
I mean, you know, give credit
where credit's due.
411
00:22:27,000 --> 00:22:30,080
SGM was the first to push it
that envelope.
412
00:22:30,480 --> 00:22:33,600
Yeah.
But you know, I think we were
413
00:22:33,600 --> 00:22:36,760
able to we they were LED and it
wasn't bright enough so we went
414
00:22:36,760 --> 00:22:40,400
discharge and it was bright
enough and and we, you know that
415
00:22:40,400 --> 00:22:45,920
LED caught up.
So now moving on to 2024, same
416
00:22:45,920 --> 00:22:48,960
questions.
You know your expectations from
417
00:22:48,960 --> 00:22:52,080
the industry, not necessarily
relations business, 'cause I
418
00:22:52,080 --> 00:22:55,520
know that that might be secret
or whatever, but do you
419
00:22:55,520 --> 00:22:59,640
anticipate growth?
And if so, what sort of
420
00:22:59,640 --> 00:23:03,080
percentage is it going to grow
by 10 percent, 5%, whatever?
421
00:23:03,360 --> 00:23:07,840
Is it going to drop or is it
going to stay flat for next
422
00:23:07,840 --> 00:23:10,040
year?
I mean I think we're, we're
423
00:23:10,040 --> 00:23:13,080
targeting growth next year.
I think, you know, with interest
424
00:23:13,080 --> 00:23:17,040
rates supposedly starting to
come down, you know, it is an
425
00:23:17,040 --> 00:23:21,640
election year for us here in the
US It doesn't really affect the
426
00:23:21,640 --> 00:23:24,080
rest of the world, but I think
it'll be interesting year from
427
00:23:24,080 --> 00:23:30,040
that perspective.
There'll be a lot of, you know,
428
00:23:30,040 --> 00:23:33,520
money spent on that.
I think the TV film, the TV film
429
00:23:33,520 --> 00:23:36,560
business will be back.
You know, there's been a lot of
430
00:23:36,680 --> 00:23:38,640
investment coming into this
industry.
431
00:23:38,640 --> 00:23:42,800
If you follow, you know, the PIF
Saudi, you know they they
432
00:23:42,920 --> 00:23:45,280
they've invested into the live
golf or they've invested in the
433
00:23:45,280 --> 00:23:46,680
Live Nation.
They've invested in the
434
00:23:46,680 --> 00:23:48,480
entertainment.
I see, I see lots of lighting
435
00:23:48,480 --> 00:23:50,920
designers flying.
Lighting lighting designers are
436
00:23:50,920 --> 00:23:54,120
flying back and forth to Saudi
all the time from Europe or from
437
00:23:54,120 --> 00:23:56,360
the US.
So there's a lot of investment
438
00:23:56,360 --> 00:23:59,240
going on in entertainment.
So I I would expect the industry
439
00:23:59,240 --> 00:24:02,560
to do well in 24.
Yeah I that's another great
440
00:24:02,560 --> 00:24:10,040
point I have I've been in talks
with AUK based financier who is
441
00:24:10,040 --> 00:24:16,440
very anxious to invest in a
startup that I'm about to get
442
00:24:16,440 --> 00:24:21,880
started on here and we've been
talking a lot about specifically
443
00:24:21,880 --> 00:24:27,760
Saudis who are extremely excited
about the live event space and
444
00:24:27,880 --> 00:24:29,720
especially the technology side
of it.
445
00:24:30,160 --> 00:24:33,840
And so that's been an
interesting talk where they're
446
00:24:33,840 --> 00:24:37,160
just like you know hurry we want
to give you our money you know
447
00:24:37,160 --> 00:24:40,840
how much can we give you.
And of course you have to show
448
00:24:40,920 --> 00:24:44,440
good growth and everything else,
but they're very excited for our
449
00:24:44,440 --> 00:24:46,360
industry and that's a good sign
and.
450
00:24:46,360 --> 00:24:47,960
I.
Mean Look at the look at the F1
451
00:24:47,960 --> 00:24:50,400
thing in in Vegas.
You know, crazy.
452
00:24:51,040 --> 00:24:53,960
I mean Vegas is just
unbelievable, you know the the
453
00:24:53,960 --> 00:24:57,640
amount of growth that's going on
there and and it just you know
454
00:24:57,640 --> 00:25:00,360
doesn't seem to stop and the and
the city seems to be handling it
455
00:25:00,360 --> 00:25:04,560
pretty well.
Yeah, well, except for F1F1.
456
00:25:04,560 --> 00:25:07,440
Kind of broke the city for a few
few weeks.
457
00:25:08,360 --> 00:25:10,560
Yeah, but it'll be better next
year.
458
00:25:10,920 --> 00:25:12,800
Yeah, but that, that whole
sphere, the whole sphere
459
00:25:12,800 --> 00:25:15,360
project, I mean just everything
going on there that.
460
00:25:16,240 --> 00:25:18,960
Hey, Speaking of Speaking of
Live Nation, did you see the
461
00:25:18,960 --> 00:25:24,800
article Rapinoe with the I don't
remember the exact numbers, but
462
00:25:24,800 --> 00:25:29,320
he was talking about how artists
now have 10 million followers.
463
00:25:29,680 --> 00:25:33,120
And he says his job is easy
because all he has to do is sell
464
00:25:33,120 --> 00:25:36,920
tickets to 5% of those followers
and he sells out an entire tour.
465
00:25:37,440 --> 00:25:41,160
And I found that to be a really
interesting because that's where
466
00:25:41,160 --> 00:25:43,760
he's showing his growth is
coming from tapping harder into
467
00:25:43,760 --> 00:25:46,040
those artists social media
platforms.
468
00:25:47,720 --> 00:25:49,880
That's I haven't seen that
article, but that totally.
469
00:25:49,880 --> 00:25:51,320
I'll send it to you.
I'll send it to you.
470
00:25:51,320 --> 00:25:55,120
It's a really interesting
article, really interesting.
471
00:25:55,120 --> 00:25:57,880
I mean, and again, maybe they're
just looking for incremental
472
00:25:57,880 --> 00:25:59,280
growth or something, I don't
know.
473
00:25:59,280 --> 00:26:02,120
But but I never looked at it
like that.
474
00:26:02,120 --> 00:26:05,400
Like there's just so much more
capacity and there's such a
475
00:26:05,520 --> 00:26:10,480
hunger for live music.
And he also looks at it as
476
00:26:10,480 --> 00:26:12,840
streaming.
Being a part of that streaming
477
00:26:12,840 --> 00:26:17,160
plays a role but most people who
are following somebody on social
478
00:26:17,160 --> 00:26:19,840
media are really excited to get
out and see them live and and I
479
00:26:19,840 --> 00:26:22,400
think that's a good trend for
for our business as well.
480
00:26:22,720 --> 00:26:27,480
For sure.
And then finally, give me a
481
00:26:27,480 --> 00:26:30,320
prediction.
Give me, give me Eric's big, big
482
00:26:30,320 --> 00:26:33,600
thought for 2024.
A product trend to market trend,
483
00:26:33,600 --> 00:26:36,640
or even The Beatles or or Led
Zeppelin are getting back
484
00:26:36,640 --> 00:26:40,840
together and both of those bands
are going to run out of players,
485
00:26:40,840 --> 00:26:45,200
so they better hurry, I guess.
If ACDC can do it with like one
486
00:26:45,200 --> 00:26:50,320
or one or two originals,
probably Led Zeppelin and The
487
00:26:50,320 --> 00:26:53,200
Beatles could as well.
But so yeah.
488
00:26:54,280 --> 00:26:57,720
Anything.
Well, I think, I think, you
489
00:26:57,720 --> 00:27:00,640
know, I went to a show at a
House of Blues not too long ago
490
00:27:01,880 --> 00:27:05,720
and you know, I think the small
shows are going to come back.
491
00:27:05,720 --> 00:27:08,600
You know the piece because going
to a big stadium tour, you can
492
00:27:08,600 --> 00:27:11,760
only afford that you know once
twice a year kind of thing to
493
00:27:11,760 --> 00:27:13,920
take the whole family.
I but I think you can afford
494
00:27:13,920 --> 00:27:17,080
going to a house with smaller
venue shows I think are going to
495
00:27:17,080 --> 00:27:22,000
make a comeback this year and
it's you know lower cost for the
496
00:27:22,240 --> 00:27:24,360
production.
You know there's lots of
497
00:27:24,360 --> 00:27:26,560
benefits for these artists.
So I think you know that you've
498
00:27:26,560 --> 00:27:31,320
seen the casino shows, the the
indie casino tour bands and and
499
00:27:31,320 --> 00:27:35,000
all that kind of stuff the last
couple years and that's done
500
00:27:35,000 --> 00:27:39,240
well for us as you know also.
But I think the smaller venues,
501
00:27:40,160 --> 00:27:41,920
I think we'll see a a comeback
on those.
502
00:27:42,360 --> 00:27:46,120
The nightclub business, you
know, also has not been amazing
503
00:27:46,120 --> 00:27:50,360
the last few years and I think
we'll see some of that start to
504
00:27:50,360 --> 00:27:54,440
come back too.
The smaller shows I think have
505
00:27:54,440 --> 00:27:57,000
been happening, It's just we've
been paying so much attention to
506
00:27:57,000 --> 00:28:00,280
the big ones.
But you know, like as an
507
00:28:00,280 --> 00:28:02,960
example, the Hard Rock here,
which I guess would be a middle
508
00:28:02,960 --> 00:28:06,520
sized show, the the Hard Rock
Live or whatever it's called
509
00:28:06,520 --> 00:28:08,600
here, the live venue at at the
hotel.
510
00:28:10,480 --> 00:28:13,040
But that that place is booked
constantly.
511
00:28:13,040 --> 00:28:16,360
Like they're buying every artist
that comes anywhere near
512
00:28:16,360 --> 00:28:18,680
Florida.
They're buying it, and there
513
00:28:18,680 --> 00:28:23,840
might be 4 concerts a week in
that place sometimes and like
514
00:28:23,840 --> 00:28:25,640
more than I've ever seen at any
venue.
515
00:28:25,640 --> 00:28:28,360
So maybe that's a little larger
than what you're talking about.
516
00:28:28,360 --> 00:28:30,040
You're talking House of Blues
size?
517
00:28:30,120 --> 00:28:34,040
Yeah, I'm talking, yeah, 3000
and under small venues.
518
00:28:34,080 --> 00:28:36,120
I mean, that's where my daughter
want, my daughter wants to go
519
00:28:36,120 --> 00:28:37,880
see shows there.
She doesn't want to go see shows
520
00:28:37,880 --> 00:28:40,520
at the stadiums, you know.
I kind of agree with her.
521
00:28:40,600 --> 00:28:42,800
I'd much rather see a band in a
small venue.
522
00:28:43,040 --> 00:28:46,720
And the problem now is though
that it's such a cash grab for
523
00:28:46,720 --> 00:28:50,760
the bands to to do these 360
deals with Live Nation and and
524
00:28:50,840 --> 00:28:53,680
and do the bigger venues sell as
many tickets as you can as fast
525
00:28:53,680 --> 00:28:56,800
as you can And selling into a
smaller venue you're going to
526
00:28:56,800 --> 00:28:59,320
get the up and coming acts, the
new acts, which is probably
527
00:28:59,320 --> 00:29:01,000
what's more interesting for her
anyways.
528
00:29:01,040 --> 00:29:05,680
Yeah, but an up and coming back
act can explode so fast now with
529
00:29:05,680 --> 00:29:07,880
Spotify and, you know, all these
other channels.
530
00:29:10,040 --> 00:29:11,040
So it's.
Interesting.
531
00:29:11,160 --> 00:29:12,120
I think it'll be cool.
I.
532
00:29:12,160 --> 00:29:14,120
Think that'll be a trend.
And I.
533
00:29:14,120 --> 00:29:16,480
Mean I'm I'm excited.
I'm excited to see Van Halen.
534
00:29:16,480 --> 00:29:19,360
I'm excited, you know, to see if
some of the older bands get
535
00:29:19,360 --> 00:29:22,520
together and go out and and it's
gonna be cool.
536
00:29:22,720 --> 00:29:24,240
Oh, you mean the Sammy Hagar
one?
537
00:29:24,600 --> 00:29:27,320
Although they they got.
Kind of a gut punch with the
538
00:29:27,320 --> 00:29:30,000
whole I don't know if you saw
the Satury anything where he
539
00:29:30,000 --> 00:29:31,840
butchered.
What song was it?
540
00:29:31,840 --> 00:29:37,840
Unchained, I think, And and just
got slaughtered on social media
541
00:29:37,840 --> 00:29:40,960
for it, you know, everyone was
like, Oh my God, Joe, what are
542
00:29:40,960 --> 00:29:43,320
you doing to this song?
You've destroyed it.
543
00:29:43,600 --> 00:29:45,480
And he came out and
acknowledged, hey, I did a
544
00:29:45,480 --> 00:29:47,880
pretty bad job.
I'm back into guitar lessons
545
00:29:47,880 --> 00:29:50,480
now, figuring it out, you know.
Well, they're gonna rehearse.
546
00:29:50,480 --> 00:29:52,120
They're gonna rehearse and
Polish it for sure.
547
00:29:52,200 --> 00:29:54,600
Right.
Well, they did it live on like I
548
00:29:54,600 --> 00:29:56,400
think it was on Howard Stern or
something.
549
00:29:56,800 --> 00:29:59,880
And yeah, it just didn't go well
at all.
550
00:29:59,880 --> 00:30:04,920
So yeah.
I don't know if you know like
551
00:30:04,960 --> 00:30:06,960
*NSYNC is.
There's, there's about that and
552
00:30:07,360 --> 00:30:08,800
there's like fans that'll get
together.
553
00:30:09,960 --> 00:30:13,760
Interesting.
And bonus question, you know,
554
00:30:14,000 --> 00:30:16,640
not only have you been a sponsor
of ours since the very beginning
555
00:30:16,640 --> 00:30:18,280
of time, but you've been a
listener.
556
00:30:18,280 --> 00:30:20,680
I mean, you were one of the
first listeners too.
557
00:30:20,680 --> 00:30:24,960
You, you've always been very
kind about sharing your opinions
558
00:30:24,960 --> 00:30:26,880
with me, even when they're not
so kind.
559
00:30:27,320 --> 00:30:31,920
And I appreciate that, by the
way, but I I always have liked
560
00:30:31,920 --> 00:30:34,280
that you've got a long commute
to work.
561
00:30:34,520 --> 00:30:37,560
I'm sure you don't like it as
much as I do, but you often
562
00:30:37,560 --> 00:30:41,400
listen to the podcast and then
you'll either call me or send me
563
00:30:41,400 --> 00:30:43,520
a text when you get to your
office or something and you'll
564
00:30:43,520 --> 00:30:46,360
say, hey, this was really good.
I like this, I didn't like this
565
00:30:46,360 --> 00:30:50,160
or whatever.
Who would you like to see a
566
00:30:50,160 --> 00:30:52,920
spring on geezers of gear in
2024?
567
00:30:54,040 --> 00:30:57,960
Anyone.
Well, I mean, like we talked
568
00:30:57,960 --> 00:31:00,760
about Michael O'Keefe earlier,
he might be a good one to talk
569
00:31:00,760 --> 00:31:02,040
to.
He's been in the business a long
570
00:31:02,040 --> 00:31:05,400
time and he's kind of from a
different, a different part of
571
00:31:05,400 --> 00:31:08,680
our industry than the
rock'n'roll side that I think
572
00:31:08,680 --> 00:31:14,840
we, we tend to focus more on.
But I I think, yeah, I don't
573
00:31:14,840 --> 00:31:17,360
know, you know, I love hearing
designers.
574
00:31:17,360 --> 00:31:22,920
You know, the designers again,
you know, they they manage so
575
00:31:22,920 --> 00:31:29,960
much politics and relationships
and you know, not only with
576
00:31:29,960 --> 00:31:32,000
their customers but with their
vendors.
577
00:31:32,520 --> 00:31:35,640
And you know, I think the
designers really offer you.
578
00:31:35,680 --> 00:31:37,680
I'd love to hear more designers
for sure.
579
00:31:37,720 --> 00:31:39,440
I mean, I know that you've
always spoke trying.
580
00:31:39,600 --> 00:31:41,320
They're all so busy.
You know, that's one thing I
581
00:31:41,320 --> 00:31:45,400
will say about LDI this year was
I saw more designers this year
582
00:31:45,720 --> 00:31:48,480
than I've seen in a long time.
And I think it was the timing of
583
00:31:48,480 --> 00:31:51,760
the the, you know end of the
year but also maybe a Sunday,
584
00:31:51,760 --> 00:31:54,320
Monday, Tuesday, you know
Sunday, Monday, Tuesday.
585
00:31:54,920 --> 00:31:57,400
So I think that was the
designers really came to LDI
586
00:31:57,400 --> 00:31:59,960
this year and that was the best
part for me of of LDI this.
587
00:32:00,040 --> 00:32:01,120
Year.
I've heard they're booked for
588
00:32:01,120 --> 00:32:04,480
the same dates, or the same
basic weekend or whatever
589
00:32:04,480 --> 00:32:06,920
weekdays.
It's the following weekend, but
590
00:32:06,960 --> 00:32:09,240
yeah, it's a Sunday, Monday,
Tuesday, but it's the 8th, 9th,
591
00:32:09,240 --> 00:32:11,560
10th I think.
Don't quote me, but I think it's
592
00:32:11,560 --> 00:32:12,040
something.
Like that.
593
00:32:12,040 --> 00:32:15,440
I think you're right the. 3rd,
4th or 6th, 3rd, 4th whatever.
594
00:32:15,480 --> 00:32:17,040
It was.
No, I think, I think you're
595
00:32:17,040 --> 00:32:19,280
right.
I I hope they keep it there.
596
00:32:19,280 --> 00:32:21,080
I mean it it seems to be a
little easier.
597
00:32:21,080 --> 00:32:26,400
I always hated sort of that week
of Thanksgiving, actually, it
598
00:32:26,400 --> 00:32:29,080
worked out great for me because
I'd go straight from Vegas up to
599
00:32:29,080 --> 00:32:33,360
Canada and it was a really short
flight to get up to my house and
600
00:32:33,360 --> 00:32:36,800
I'd go skiing for a few days.
And it's not Thanksgiving in
601
00:32:36,800 --> 00:32:39,760
Canada at that time, so the ski
hills are empty.
602
00:32:40,040 --> 00:32:41,920
And so it worked out really
well.
603
00:32:43,520 --> 00:32:46,320
And most of the designers that,
you know are working so hard and
604
00:32:46,640 --> 00:32:49,000
people in production are working
so hard leading up to
605
00:32:49,000 --> 00:32:50,760
Thanksgiving and even into
Christmas.
606
00:32:50,760 --> 00:32:53,240
A lot of our, a few of our
customers couldn't come because
607
00:32:53,240 --> 00:32:54,440
they're doing big Christmas
shows.
608
00:32:54,440 --> 00:32:59,000
But you know, I think it's, it's
it's there's never a perfect
609
00:32:59,000 --> 00:33:01,160
time.
You got to, you know, you got to
610
00:33:01,160 --> 00:33:03,520
kind of just pick it.
And I think LDI is going to be
611
00:33:03,520 --> 00:33:05,680
in this time slot for a while
because of F1.
612
00:33:05,880 --> 00:33:10,040
Yeah, you're right.
If if you could help me give a
613
00:33:10,040 --> 00:33:13,360
nice little poke to Matthias
because he promised to come on
614
00:33:13,360 --> 00:33:16,640
and then he's always busy and I
know you keep him really busy,
615
00:33:16,640 --> 00:33:20,240
but I want to get him on.
I I think he's a brilliant guy.
616
00:33:20,240 --> 00:33:22,720
He's obviously somebody that
people would like to hear from.
617
00:33:22,920 --> 00:33:27,160
I've actually had people request
me to get Matthias on and so
618
00:33:27,160 --> 00:33:29,000
give him a poke.
Give him a poke.
619
00:33:29,040 --> 00:33:32,160
That's a. 2024 goal.
Yeah, yeah, I know.
620
00:33:32,160 --> 00:33:33,960
I'd love to get Matthias on.
I think it'd be really
621
00:33:33,960 --> 00:33:35,920
interesting.
Cool.
622
00:33:36,520 --> 00:33:40,360
Well, I appreciate you Eric and
and Merry Christmas, Happy New
623
00:33:40,360 --> 00:33:43,880
Year, all that stuff and
hopefully I get to see you soon
624
00:33:43,880 --> 00:33:45,400
too.
Thank you, Marcel.
625
00:33:45,480 --> 00:33:47,120
Let's do it.
All right, my friend.
626
00:33:47,480 --> 00:33:48,920
See ya.
Well, hey, Dan.
627
00:33:48,920 --> 00:33:51,280
How are you?
I'm doing well, Marcel.
628
00:33:51,280 --> 00:33:52,800
How about yourself?
I'm OK.
629
00:33:52,800 --> 00:33:55,120
Merry Christmas and merry.
Christmas to you.
630
00:33:55,760 --> 00:33:58,000
Before I screw it up, is it Dan
or Daniel?
631
00:33:58,000 --> 00:34:01,400
Cause I've seen both.
Daniel is preferred.
632
00:34:01,400 --> 00:34:04,640
My dad's name is Dan and I had a
best friend's name that was Dan
633
00:34:04,640 --> 00:34:07,320
and it just got confusing.
So Daniel works the best.
634
00:34:07,400 --> 00:34:10,360
Then forever you shall be known
as Daniel.
635
00:34:11,880 --> 00:34:16,480
Most people like you are are
pretty sort of meh about it.
636
00:34:16,480 --> 00:34:18,320
Like you don't really get upset
or.
637
00:34:18,320 --> 00:34:20,440
Anything.
I have a friend whose name is
638
00:34:20,440 --> 00:34:23,920
Michael, and God forbid I call
him Mike.
639
00:34:23,920 --> 00:34:26,040
I mean, it's like the end of the
Earth.
640
00:34:26,040 --> 00:34:27,840
He's like, I don't call you
Mark.
641
00:34:28,080 --> 00:34:32,400
I don't call, you know and I'm
like, OK, sorry you are Michael.
642
00:34:33,080 --> 00:34:35,080
That's right.
Forever ingrained as Michael.
643
00:34:35,080 --> 00:34:36,199
That's right.
Exactly.
644
00:34:36,239 --> 00:34:40,040
Well, I mean, believe it or not,
as much as I offend some people,
645
00:34:40,040 --> 00:34:45,320
I I try hard not to usually.
You know, I I, I generally try
646
00:34:45,320 --> 00:34:47,480
to call people by the name they
want.
647
00:34:47,480 --> 00:34:50,120
Unless we get into all those
pronouns and stuff, and then it
648
00:34:50,120 --> 00:34:55,600
gets a little weird.
But anyways, yeah, so good
649
00:34:55,600 --> 00:34:58,920
Christmas, presumably.
Absolutely, yeah.
650
00:34:59,280 --> 00:35:02,240
No complaints for me.
It's always kind of one of those
651
00:35:02,240 --> 00:35:05,360
times to rest and reset, but
you're always rushing around to
652
00:35:05,360 --> 00:35:07,720
see family.
So grateful for the opportunity
653
00:35:07,720 --> 00:35:09,680
to see family.
We did the little bit of a break
654
00:35:09,680 --> 00:35:13,120
and now we're diving into the
New Year celebration and into a
655
00:35:13,120 --> 00:35:15,000
great 2024.
Yeah.
656
00:35:15,000 --> 00:35:17,920
I mean our our industry, you
talk about that little break and
657
00:35:17,920 --> 00:35:21,760
our industry tries really hard
to check out at this time, but
658
00:35:21,760 --> 00:35:23,560
it's so hard.
I mean there's just so many
659
00:35:23,560 --> 00:35:26,080
things going on and we are in
the live event space, right.
660
00:35:26,080 --> 00:35:30,640
So but I know what like one of
the things I love and always
661
00:35:30,640 --> 00:35:35,880
have for my 30 plus years in
business about this time of year
662
00:35:35,880 --> 00:35:39,840
is sort of that reflection and
looking ahead planning and all
663
00:35:39,840 --> 00:35:42,120
of that stuff.
So you know it's a combination
664
00:35:42,120 --> 00:35:45,520
of looking backwards and looking
forward to see you know what
665
00:35:45,520 --> 00:35:48,560
what can we do better based on
what has happened in the past 12
666
00:35:48,560 --> 00:35:50,880
months.
And I know for my own business
667
00:35:50,880 --> 00:35:55,200
that's a long list.
So, so yeah, I'm I'm sure you're
668
00:35:55,200 --> 00:35:56,640
the same and we're going to hear
some of that.
669
00:35:56,640 --> 00:36:01,800
But before we do, so first of
all, thank you very much for
670
00:36:01,800 --> 00:36:03,320
being a sponsor of geezers of
gear.
671
00:36:03,320 --> 00:36:07,480
We appreciate you very much.
And I can tell you without
672
00:36:07,480 --> 00:36:11,200
sponsors I wouldn't be doing
this show because not because I
673
00:36:11,200 --> 00:36:14,280
make money from it, because I
certainly don't, but although
674
00:36:14,320 --> 00:36:19,880
I'd like to someday, but it does
cover the costs And you know,
675
00:36:19,880 --> 00:36:21,480
now we we.
Have.
676
00:36:22,280 --> 00:36:25,800
Second, mouth to feed, which
really is our first mouth to
677
00:36:25,800 --> 00:36:31,000
feed, which is Sarah.
And you know, Sarah has taken on
678
00:36:31,000 --> 00:36:32,360
a lot of the production, believe
it or not.
679
00:36:32,360 --> 00:36:34,520
I've done this entirely by
myself.
680
00:36:34,520 --> 00:36:41,120
I I upload, download, promote,
record, everything I had been
681
00:36:41,120 --> 00:36:45,440
doing by myself.
And so now Sarah has taken on, I
682
00:36:45,440 --> 00:36:47,680
don't know, 70% of that work.
And I do.
683
00:36:48,280 --> 00:36:51,040
I do the easy stuff like talking
to great people.
684
00:36:51,800 --> 00:36:55,160
So we do appreciate you, but
you're probably one of the
685
00:36:55,160 --> 00:36:57,760
lesser known sponsors that we
have.
686
00:36:58,520 --> 00:37:01,320
Give me a give me an elevator
pitch on who is Stratum?
687
00:37:01,320 --> 00:37:03,600
What do you do?
Absolutely.
688
00:37:03,640 --> 00:37:07,000
So we're a boutique production
company located in the Midwest,
689
00:37:07,000 --> 00:37:11,520
Lincoln NE specifically
primarily help event planners
690
00:37:11,520 --> 00:37:14,080
and meeting planners host
corporate events.
691
00:37:14,560 --> 00:37:18,800
We do a little bit as far as
venue management and live event
692
00:37:18,800 --> 00:37:21,320
music wise.
But primarily we stay in that
693
00:37:21,320 --> 00:37:24,000
corporate space really have a
passion for just partnering with
694
00:37:24,000 --> 00:37:28,000
people and helping them execute
memorable events that captivate,
695
00:37:28,160 --> 00:37:29,800
communicate and connect human
beings.
696
00:37:29,800 --> 00:37:32,680
Because at the end of the day, I
think that's really what we
697
00:37:32,880 --> 00:37:36,960
exist for in the event space.
If we can build a connection, if
698
00:37:36,960 --> 00:37:39,320
we can communicate a message
really, really well, or we if we
699
00:37:39,320 --> 00:37:42,720
can captivate an audience, I
think that that's really what we
700
00:37:42,720 --> 00:37:44,920
should all be driven by and
motivated by.
701
00:37:46,440 --> 00:37:48,680
I mean that's a great way to say
it.
702
00:37:48,680 --> 00:37:51,880
And you know, I guess one of the
things that surprises me a
703
00:37:51,880 --> 00:37:56,520
little bit, I didn't really know
that there was much of A
704
00:37:56,960 --> 00:38:00,240
corporate or convention business
in Nebraska.
705
00:38:00,600 --> 00:38:05,000
And so are you traveling outside
Nebraska a lot or is it really a
706
00:38:05,000 --> 00:38:08,840
vibrant market within Nebraska?
I mean I wouldn't call it
707
00:38:08,840 --> 00:38:10,440
vibrant.
I I would say it's growing.
708
00:38:10,440 --> 00:38:14,200
Lincoln is kind of known as the
the Silicon Prairie.
709
00:38:14,200 --> 00:38:16,800
There's a lot of startups here
that are doing well in the tech
710
00:38:16,800 --> 00:38:20,000
industry.
Omaha is just 50 miles down the
711
00:38:20,000 --> 00:38:22,000
road from us.
Omaha has a much more vibrant
712
00:38:22,000 --> 00:38:25,360
space, but we do well for for
ourselves in the area.
713
00:38:25,360 --> 00:38:29,160
We do travel quite a bit across
the United States, North America
714
00:38:29,160 --> 00:38:33,240
specifically, but by and large
most of our businesses probably
715
00:38:33,240 --> 00:38:37,280
within a day's drive of of
Lincoln and like I said, we just
716
00:38:37,600 --> 00:38:39,480
we love partnering with people
in the Midwest.
717
00:38:39,480 --> 00:38:41,720
We we align with a lot of those
values.
718
00:38:41,720 --> 00:38:46,160
We know that business model.
So being able to help and
719
00:38:46,160 --> 00:38:48,520
support people locally is
crucial for our business.
720
00:38:48,680 --> 00:38:53,520
Yeah, well, I I follow you on
socials and I can say that you
721
00:38:53,520 --> 00:38:57,120
do some amazing work from from
the pictures and articles I've
722
00:38:57,120 --> 00:39:02,880
read and stuff, and you also
have been very active on social
723
00:39:02,880 --> 00:39:06,840
media.
You also were a company that I
724
00:39:06,840 --> 00:39:12,320
noticed coming out of COVID just
seemed to have better ideas than
725
00:39:12,320 --> 00:39:16,120
a lot of other businesses who
sort of kind of creeped out of
726
00:39:16,120 --> 00:39:18,360
COVID.
You kind of went boom out of
727
00:39:18,360 --> 00:39:21,120
COVID and really seemed to have
a game plan.
728
00:39:21,760 --> 00:39:27,240
Was that by accident or?
I mean, I don't think anything's
729
00:39:27,240 --> 00:39:28,800
by accident.
I think that we really set
730
00:39:28,800 --> 00:39:31,280
ourselves up for success in
2020.
731
00:39:32,040 --> 00:39:34,880
This is something I I tell
people still to this day is I'm
732
00:39:34,880 --> 00:39:38,080
thankful for 2020.
As difficult as that was, as
733
00:39:38,080 --> 00:39:41,680
challenging as that was, it made
me a Better Business owner.
734
00:39:41,680 --> 00:39:45,160
It made me a better just overall
technician.
735
00:39:45,160 --> 00:39:46,960
There's so many good things that
have come out of that.
736
00:39:46,960 --> 00:39:50,360
Although it was a bad situation,
I think that we were able to
737
00:39:50,400 --> 00:39:53,760
actually grow our company
through that year, which is.
738
00:39:54,080 --> 00:39:55,520
Wow.
I mean, that's impressive.
739
00:39:55,640 --> 00:39:59,040
Yeah.
It's it's not a standard or a
740
00:39:59,040 --> 00:40:02,320
common thing that you hear.
So I think just applying a lot
741
00:40:02,320 --> 00:40:06,800
of intentionality to who we want
to service, having a good
742
00:40:06,800 --> 00:40:09,680
product or if not a great
product to be able to offer to
743
00:40:09,680 --> 00:40:12,440
somebody and just continue to
plan and move forward.
744
00:40:12,440 --> 00:40:16,480
I mean, I think a lot of what
2020 was spent for me
745
00:40:16,480 --> 00:40:20,520
specifically as the owner was.
Strategizing and building like,
746
00:40:20,520 --> 00:40:22,200
OK, this is going to end at some
point.
747
00:40:22,240 --> 00:40:25,120
It's How do we, how do we come
out of this and how do we not
748
00:40:25,120 --> 00:40:27,920
fall flat on our face in doing
that?
749
00:40:28,120 --> 00:40:32,280
Yeah, no, I I completely agree
and and I'm glad you said that
750
00:40:32,280 --> 00:40:35,880
because you know so many
companies, most companies in our
751
00:40:35,880 --> 00:40:38,920
industry will look back at 2020
and say, Oh my God, that was the
752
00:40:38,920 --> 00:40:41,480
worst time ever.
And, you know, one of the
753
00:40:41,480 --> 00:40:45,360
problems I had during that
period of time was with the
754
00:40:45,360 --> 00:40:47,400
people who just took it as
downtime.
755
00:40:47,920 --> 00:40:50,640
And, you know, I'm not judging
anyone.
756
00:40:50,640 --> 00:40:52,840
I'm not saying that's a bad
thing or whatever.
757
00:40:52,840 --> 00:40:57,680
But in my opinion, if you're a
business owner or a salesperson
758
00:40:57,680 --> 00:41:02,760
or a technician or a, you know,
a a programmer, board operator,
759
00:41:02,760 --> 00:41:07,760
whatever, upskill, you know, use
that time to learn another
760
00:41:07,760 --> 00:41:11,600
console, to learn another
language, to, you know, teach
761
00:41:11,600 --> 00:41:14,040
your children something,
whatever it is, but find
762
00:41:14,040 --> 00:41:19,440
something productive to do with
an incredible opportunity for a
763
00:41:19,440 --> 00:41:22,760
business that has no time to do
anything right.
764
00:41:22,760 --> 00:41:26,160
We're always busy.
And so you know you had this
765
00:41:26,160 --> 00:41:29,880
this sort of pocket of time
where you could do anything you
766
00:41:29,880 --> 00:41:35,160
wanted and so many people chose
you know Netflix and and
767
00:41:35,960 --> 00:41:40,240
honestly I just think that was
wasted time in that in that
768
00:41:40,600 --> 00:41:43,120
situation so.
Oh, I I would wholeheartedly
769
00:41:43,120 --> 00:41:44,480
agree.
I think the thing that was
770
00:41:45,160 --> 00:41:47,360
beautiful about what our
industry did in 2020 is that
771
00:41:47,360 --> 00:41:49,360
they a lot of the training
became free.
772
00:41:49,760 --> 00:41:51,920
There were so many resources put
out there.
773
00:41:51,920 --> 00:41:57,480
I mean the opportunity to learn
in that year was I mean the the
774
00:41:57,480 --> 00:42:00,800
risk tolerance or or the barrier
to entry was nothing.
775
00:42:00,800 --> 00:42:04,240
You didn't have to pay to go
learn how to program on a grand
776
00:42:04,240 --> 00:42:07,440
May because ACT waived those
fees for the year there were all
777
00:42:07,440 --> 00:42:10,320
of this free training.
So to your point, I think it is
778
00:42:10,320 --> 00:42:13,680
very interesting how a lot of
people did maybe neglect that
779
00:42:13,680 --> 00:42:19,240
downtime as, OK, let's take a
breath when they could have been
780
00:42:19,240 --> 00:42:23,280
utilizing some of that time to
just maybe sharpen their skills
781
00:42:23,280 --> 00:42:25,400
a little bit, yeah.
Yeah, absolutely.
782
00:42:25,400 --> 00:42:29,720
And how about using that time to
learn to break things or to
783
00:42:29,720 --> 00:42:33,400
fail?
Try things that you wouldn't try
784
00:42:33,400 --> 00:42:37,840
when you're slammed busy, but
now you can go out and try those
785
00:42:37,840 --> 00:42:40,440
things and nobody cares if you
fail at this point.
786
00:42:40,440 --> 00:42:42,840
Like, big deal.
You know, I tried something.
787
00:42:42,840 --> 00:42:45,480
I looked stupid.
Move on to the next thing.
788
00:42:45,480 --> 00:42:48,600
I know some really stupid ones
that I won't bring up right now,
789
00:42:48,600 --> 00:42:53,000
but there were some really weird
pivots and stuff that didn't do
790
00:42:53,000 --> 00:42:56,240
very well, and I'm sure those
people would look back and go,
791
00:42:56,240 --> 00:42:57,480
hey, you know what?
I tried something.
792
00:42:57,480 --> 00:43:00,040
It didn't work.
And that's how I look at it too,
793
00:43:00,040 --> 00:43:03,320
by the way.
So fast forwarding here a little
794
00:43:03,320 --> 00:43:07,520
bit, so you know I'm sure like
everyone else 20/21 was sort of
795
00:43:07,520 --> 00:43:11,160
that coming out year when when
business started coming back
796
00:43:11,160 --> 00:43:18,120
2022 went nuts and then 2023 you
know I would assume for your
797
00:43:18,120 --> 00:43:21,880
business was was similarly crazy
to 2022.
798
00:43:21,880 --> 00:43:26,600
And because you're so much more
focused on on corporate, it
799
00:43:26,600 --> 00:43:29,960
probably took a little bit
longer to get to that mayhem
800
00:43:29,960 --> 00:43:34,760
like concert touring and stuff
got real big in in 21 and 22.
801
00:43:35,160 --> 00:43:39,920
I think corporate took a little
longer to come out, right.
802
00:43:40,880 --> 00:43:43,160
Absolutely.
Yeah, I mean I think we we
803
00:43:43,160 --> 00:43:50,160
stabilized a lot more in 2023
than we did in 20/22/2022 was I
804
00:43:50,160 --> 00:43:56,560
mean revenue wise, I think we we
six had a multiple of 6 as far
805
00:43:56,560 --> 00:44:01,920
as growth revenue wise.
So that was an absolute crazy
806
00:44:01,920 --> 00:44:05,400
growth year for us.
And then this year we haven't
807
00:44:05,400 --> 00:44:07,560
seen that same growth.
We've we've seen growth but it's
808
00:44:07,560 --> 00:44:12,560
not been the the running and
gunning that we saw of 2022.
809
00:44:12,560 --> 00:44:16,240
So I think it it has taken more
time.
810
00:44:16,240 --> 00:44:19,640
I think people have kind of
levelled off as far as their
811
00:44:19,640 --> 00:44:22,440
desire to host events.
I think they're being more
812
00:44:22,440 --> 00:44:24,760
strategic about it.
I think that there's a lot of
813
00:44:24,760 --> 00:44:28,160
pieces that are being considered
now instead of, hey, let's just
814
00:44:28,160 --> 00:44:31,880
rush back to get people back in
a room, let's let's put some
815
00:44:31,880 --> 00:44:34,760
thought into this.
Whether that is the the concert
816
00:44:34,760 --> 00:44:37,240
and touring or the corporate
space.
817
00:44:37,240 --> 00:44:41,720
Both those spaces have, in my
opinion and my perspective, have
818
00:44:41,720 --> 00:44:46,000
taken a little bit of a
different stance this year as
819
00:44:46,000 --> 00:44:49,200
far as let's let's do this well,
let's get it out there, create
820
00:44:49,200 --> 00:44:52,400
something incredible instead of
just seeing how many arenas we
821
00:44:52,400 --> 00:44:54,280
can hit or how many ballrooms we
can fit in.
822
00:44:54,840 --> 00:44:57,800
Yeah.
So you know, and by the way,
823
00:44:57,800 --> 00:45:00,800
that's not uncommon.
You know what you just said,
824
00:45:00,800 --> 00:45:04,680
like I, I have spoken to many
companies who say that 23 was
825
00:45:04,680 --> 00:45:07,880
just crazy, a record year, you
know, biggest ever, blah, blah,
826
00:45:07,880 --> 00:45:10,840
blah.
But for the most part, people
827
00:45:10,840 --> 00:45:15,200
have said either we lost a
little bit off 22 or we gained a
828
00:45:15,200 --> 00:45:19,520
little bit on 22.
But it was a very similar year
829
00:45:19,520 --> 00:45:23,120
to 2022, except much more
organized and probably more
830
00:45:23,120 --> 00:45:24,640
profitable because you weren't
just.
831
00:45:25,040 --> 00:45:27,080
I don't care what it costs, we
got to get the gear.
832
00:45:27,080 --> 00:45:30,000
Here, I don't care what that guy
costs that I need on the show, I
833
00:45:30,000 --> 00:45:32,720
need a guy or I need 10 guys or
whatever, right?
834
00:45:32,840 --> 00:45:35,440
Exactly.
This, this year got a little
835
00:45:35,440 --> 00:45:40,080
more normalized, similar revenue
but normal, much more normalized
836
00:45:40,080 --> 00:45:42,520
from a standpoint of operations
and costs and stuff.
837
00:45:42,520 --> 00:45:48,480
But so as you were planning for
2023 and now as you look back on
838
00:45:48,480 --> 00:45:53,040
2023, would you say that it was
better than expected, worse than
839
00:45:53,040 --> 00:45:57,800
expected or as expected?
I think that there were a lot of
840
00:45:57,800 --> 00:46:01,080
moments in our company
specifically that show it as
841
00:46:01,080 --> 00:46:05,960
better as expected.
We were able to improve a lot of
842
00:46:05,960 --> 00:46:10,560
our process as a company and get
more of the right people
843
00:46:10,560 --> 00:46:13,720
ingrained into our company and
our culture that are going to in
844
00:46:13,720 --> 00:46:16,320
the end pay off for our end
users and our clients.
845
00:46:17,040 --> 00:46:21,560
So I think that that's a lot of
what we focused on and a lot of
846
00:46:21,600 --> 00:46:26,360
as I reflect back dollars matter
of course, but what about the
847
00:46:26,360 --> 00:46:30,880
process and the building, right.
I think that I take a little bit
848
00:46:30,880 --> 00:46:34,240
of a different philosophy to
building a company as far as I'm
849
00:46:34,240 --> 00:46:36,360
not so concerned about what was
done this year.
850
00:46:36,360 --> 00:46:40,040
While that's important, what
about building something so next
851
00:46:40,040 --> 00:46:42,280
year we can be incredible, the
year after that, the year after
852
00:46:42,280 --> 00:46:44,840
that, the year after that.
So I I think it's better than
853
00:46:44,840 --> 00:46:49,040
expected from my perspective in
a in a lot of different ways
854
00:46:49,040 --> 00:46:52,200
rather than revenue.
Yeah, that makes a lot of sense.
855
00:46:52,200 --> 00:46:55,000
I mean you're you're obviously
very focused on the quality of
856
00:46:55,000 --> 00:47:00,040
the product that you're putting
out and and that's that's also
857
00:47:00,040 --> 00:47:02,640
being growth focused.
You know like if we put out a
858
00:47:02,640 --> 00:47:06,680
great quality product, people
are going to use this more and
859
00:47:06,680 --> 00:47:10,680
and more into the future.
So you know whether it's your
860
00:47:10,680 --> 00:47:14,640
own business or the industry,
what would your 2024
861
00:47:14,640 --> 00:47:16,720
expectations be?
Would you, would you be
862
00:47:16,720 --> 00:47:20,360
expecting more growth, would you
expect things to drop a little
863
00:47:20,360 --> 00:47:25,240
bit or a lot and or just pretty
much to stay flat on on what
864
00:47:25,240 --> 00:47:28,960
happened in 2023?
I I mean some of the venues that
865
00:47:28,960 --> 00:47:33,760
we manage are booked way more in
2024 than they were in 2023.
866
00:47:33,760 --> 00:47:38,600
So I think that we are, I guess
we're anticipating a lot of
867
00:47:38,600 --> 00:47:43,440
growth again in 2024.
I think the, the thing that we
868
00:47:43,440 --> 00:47:47,920
have to maybe consider is we're
going into an election year
869
00:47:47,920 --> 00:47:51,440
which it doesn't matter where
you land on that, there's always
870
00:47:51,440 --> 00:47:55,320
turmoil and there's always some
risk involved with that.
871
00:47:55,320 --> 00:48:00,000
So I think early projections on
my side from just again my
872
00:48:00,000 --> 00:48:03,760
perspective and what we see is
that 2024 could be another big
873
00:48:03,760 --> 00:48:07,640
growth year for us specifically,
but I think that the industry as
874
00:48:07,640 --> 00:48:11,160
a whole could grow again.
I think 2023 was kind of that
875
00:48:11,160 --> 00:48:14,920
reset year, a lot of settling in
and now people are going to look
876
00:48:14,920 --> 00:48:18,280
at OK, how can we, how can we
engage and improve on what we've
877
00:48:18,280 --> 00:48:23,120
built upon and get out there
more and be just in the public
878
00:48:23,120 --> 00:48:25,200
eye more or or however that
looks.
879
00:48:25,440 --> 00:48:28,960
Yeah, 24 is is a real
interesting year, you know.
880
00:48:29,640 --> 00:48:33,520
And by interesting, I mean
screwed up because not not just
881
00:48:33,520 --> 00:48:38,440
the election but you know, the
potential of of recession, this
882
00:48:38,440 --> 00:48:41,240
looming recession that we've
been talking about for a year.
883
00:48:42,480 --> 00:48:46,120
But you know, geopolitical stuff
too.
884
00:48:46,120 --> 00:48:49,760
You know, I've been paying a lot
of attention to some of the
885
00:48:49,760 --> 00:48:53,280
things that are going on in
Europe and Asia and obviously
886
00:48:53,400 --> 00:48:56,000
two different wars that are
being battled right now.
887
00:48:56,360 --> 00:49:02,040
So you know that all has an
impact probably not so much on a
888
00:49:02,040 --> 00:49:06,120
local market like Lincoln NE.
But certainly for some of those
889
00:49:06,120 --> 00:49:09,640
companies that are that are
utilizing your services in that
890
00:49:09,640 --> 00:49:13,840
local market may be impacted
with their European offices or
891
00:49:13,840 --> 00:49:17,040
or somewhere else in the world
or freight costs or you know
892
00:49:17,040 --> 00:49:21,160
sort of that downstream effect
of having two wars and all kinds
893
00:49:21,160 --> 00:49:24,880
of political unrest and and
other issues going on in the
894
00:49:24,880 --> 00:49:27,280
world.
So.
895
00:49:28,000 --> 00:49:31,600
For 2024, give me a big
prediction and and anything you
896
00:49:31,600 --> 00:49:38,200
know, the Sky's going to fall.
You know, we're going to get our
897
00:49:38,200 --> 00:49:44,080
first woman president.
Yeah, You know, that's a really
898
00:49:44,080 --> 00:49:48,800
good question actually.
I mean, I to to the point of the
899
00:49:48,800 --> 00:49:51,560
looming recession, as
unfortunate as it is, as it is,
900
00:49:51,560 --> 00:49:53,720
I think that there's a lot of
that that's going to come into
901
00:49:53,720 --> 00:49:56,880
play in this next year.
So maybe the sky is going to
902
00:49:56,880 --> 00:49:59,040
fall.
I think, I think the key for a
903
00:49:59,040 --> 00:50:03,000
lot of people is to not focus on
that and to focus on improving
904
00:50:03,360 --> 00:50:06,360
what you can control, right.
I mean I think that that's a lot
905
00:50:06,360 --> 00:50:10,360
of the, the mistake that people
make is they're so concerned
906
00:50:10,360 --> 00:50:13,760
with what's outside.
And if they were to just take a
907
00:50:13,760 --> 00:50:17,480
moment and focus on how they can
improve their skills, I mean
908
00:50:17,480 --> 00:50:19,680
this carries over from the
conversation we just had a
909
00:50:19,680 --> 00:50:22,320
couple minutes ago.
If we could just improve and
910
00:50:22,320 --> 00:50:27,560
continue to focus, I think a lot
of things that I look at is if
911
00:50:27,560 --> 00:50:29,680
we talk about recession, I've
studied history a lot.
912
00:50:29,880 --> 00:50:34,160
If we go back to the 20s and
30s, the one thing that grew a
913
00:50:34,160 --> 00:50:38,240
lot was entertainment, right?
Because even even in a downturn,
914
00:50:38,240 --> 00:50:40,000
there has to be entertainment
involved.
915
00:50:40,400 --> 00:50:44,040
And I think so many people don't
look at that as an option and
916
00:50:44,040 --> 00:50:46,360
they just say they just want to
throw in the towel and be like,
917
00:50:46,360 --> 00:50:48,800
oh man, well, the sky is
falling.
918
00:50:49,600 --> 00:50:51,800
I better just call it quits too
instead of saying, no, there's
919
00:50:51,800 --> 00:50:55,920
an opportunity here.
How can we actually help people
920
00:50:56,080 --> 00:51:00,000
make it through this in a in a
way that makes them smile or or
921
00:51:00,000 --> 00:51:02,200
improves their life in in any
capacity?
922
00:51:02,200 --> 00:51:04,280
You're you're so right.
You know, and I, I've always
923
00:51:04,280 --> 00:51:08,960
said that like I I remember I've
been 20 years ago or more
924
00:51:08,960 --> 00:51:11,960
talking to people about the fact
that no matter what's happening
925
00:51:11,960 --> 00:51:14,040
in a local economy.
If the right.
926
00:51:14,400 --> 00:51:17,360
Show comes through or whatever
everyone's going and and I
927
00:51:17,360 --> 00:51:21,160
always used Mexico City as an
example like I remember and it
928
00:51:21,160 --> 00:51:25,120
had to probably be in the 90s or
something, which you know, I I
929
00:51:25,120 --> 00:51:27,800
don't know how old you are, but
probably not much older than
930
00:51:27,800 --> 00:51:32,400
that.
But Madonna did a concert in
931
00:51:32,400 --> 00:51:35,360
Mexico City and it was like
100,000 people.
932
00:51:35,880 --> 00:51:40,240
And these are people who don't
have nice cars, who don't make
933
00:51:40,240 --> 00:51:44,560
much money, who don't eat fancy
food or or whatever.
934
00:51:44,760 --> 00:51:47,080
But when it comes to
entertainment, you know, they'll
935
00:51:47,080 --> 00:51:50,200
buy a nice bottle of tequila and
they'll go to a Madonna concert.
936
00:51:50,600 --> 00:51:53,600
And it doesn't matter what it
costs, right?
937
00:51:53,600 --> 00:51:56,280
They just, they figure it out,
they find the money and they go
938
00:51:56,280 --> 00:51:58,280
and they entertain themselves,
you know?
939
00:51:58,400 --> 00:52:02,600
Absolutely.
I mean I think that that is such
940
00:52:02,600 --> 00:52:05,520
a a lasting truth that we can go
into this year for.
941
00:52:05,520 --> 00:52:09,440
And I I mean honestly I hope I'm
wrong because the impact of a a
942
00:52:10,080 --> 00:52:13,640
recession actually hitting.
I mean that's gonna, that could
943
00:52:13,640 --> 00:52:17,720
be ugly in a lot of ways.
But to to your point, if if the
944
00:52:17,720 --> 00:52:21,000
right show comes in, if you're
doing the right things, you're
945
00:52:21,000 --> 00:52:22,680
going to be able to entertain
people and you're going to be
946
00:52:22,680 --> 00:52:24,000
able to continue to move
forward.
947
00:52:24,120 --> 00:52:27,320
Even on the corporate stuff
though, that you do like, you
948
00:52:27,320 --> 00:52:30,960
know, when there's a recession,
a couple of things that can be
949
00:52:30,960 --> 00:52:35,280
positive also happen.
One is is that companies look to
950
00:52:35,280 --> 00:52:37,520
take other companies.
You know, lunch.
951
00:52:37,960 --> 00:52:39,920
And so.
They'll be out there, you know
952
00:52:39,920 --> 00:52:43,080
pawning their wares and and
making sure their team is dialed
953
00:52:43,080 --> 00:52:46,080
in and and they've shown their
latest products and everything.
954
00:52:47,400 --> 00:52:51,120
But but also you know, you're
just, you start focusing on
955
00:52:51,120 --> 00:52:55,600
what's most important to your
business specifically and you
956
00:52:55,600 --> 00:52:59,560
know building on those things
and yes, you know, certainly you
957
00:52:59,560 --> 00:53:02,560
can look at cutting budgets and
and going Oh my God, we better
958
00:53:02,560 --> 00:53:04,200
tighten our belt.
You know this is going to be a
959
00:53:04,200 --> 00:53:08,320
tough year and one of the first
things that go is, is marketing
960
00:53:08,320 --> 00:53:14,120
costs and things like you know,
meetings and and trade shows and
961
00:53:14,440 --> 00:53:19,160
all of those corporate sort of,
I don't know what you would call
962
00:53:19,160 --> 00:53:21,520
it voluntary expenses or
expenses that are not
963
00:53:21,520 --> 00:53:25,160
necessarily things that you
absolutely have to do, right.
964
00:53:26,120 --> 00:53:28,240
Right.
So well and I I think that there
965
00:53:28,240 --> 00:53:32,360
are some people that will do
just the opposite and see that
966
00:53:32,360 --> 00:53:34,120
as an opportunity to continue to
grow.
967
00:53:34,400 --> 00:53:37,160
And hey, we still need to go in,
engage with our client base, but
968
00:53:37,160 --> 00:53:38,440
let's just do it in a smarter
way.
969
00:53:38,440 --> 00:53:41,400
Let's instead of spending
$100,000 on AV, let's spend
970
00:53:41,400 --> 00:53:43,640
25,000 and get creative with
them.
971
00:53:43,840 --> 00:53:46,120
Yeah.
Any thoughts on like a
972
00:53:47,360 --> 00:53:51,880
prediction for a product trend
or a sort of something new
973
00:53:51,880 --> 00:53:53,880
that's going to come out that's
going to change the world?
974
00:53:56,640 --> 00:54:02,840
Man, I I don't even, yeah, I I
haven't had a lot of time to
975
00:54:02,840 --> 00:54:04,080
actually sit down and think
about that.
976
00:54:04,080 --> 00:54:06,400
I've been a busy business owner,
so there's there's not been a
977
00:54:06,400 --> 00:54:08,240
lot of, a lot of consideration
with that.
978
00:54:08,400 --> 00:54:11,880
I'm going to be interested to
see how immersive sound
979
00:54:11,880 --> 00:54:14,200
continues to evolve.
I think this year opening up
980
00:54:14,200 --> 00:54:18,280
this year and a lot of eyes
being focused on how that that
981
00:54:18,280 --> 00:54:19,880
works and that immersive
experience.
982
00:54:19,880 --> 00:54:22,600
I think more energy is going to
start to get pushed into that
983
00:54:22,600 --> 00:54:26,800
area.
Obviously I'm a lighting guide
984
00:54:26,800 --> 00:54:28,560
by trade.
That's kind of how I grew up
985
00:54:28,560 --> 00:54:32,000
into this industry.
So any new lighting fixtures
986
00:54:32,000 --> 00:54:34,280
that come out I I'm always
amazed by.
987
00:54:34,280 --> 00:54:36,720
But at the end of the day it's
still just a light with a lens
988
00:54:36,720 --> 00:54:38,960
at the end of it.
It just it's faster, it's
989
00:54:38,960 --> 00:54:40,320
brighter, it's whatever it may
be.
990
00:54:40,320 --> 00:54:44,240
So I did not make it to LDI this
year.
991
00:54:44,240 --> 00:54:47,200
We had a couple of more shows
that we.
992
00:54:47,680 --> 00:54:50,440
Yeah, there there, there was a
trend at LDII, wasn't there
993
00:54:50,480 --> 00:54:53,680
either, but I've talked to a lot
of people about it and one of
994
00:54:53,680 --> 00:54:59,480
the big trends is this lumens
per pound concept lights are
995
00:54:59,480 --> 00:55:02,320
getting smaller and lighter all
of a sudden.
996
00:55:02,320 --> 00:55:05,760
And so Martin came out with
something called the Mac One,
997
00:55:05,960 --> 00:55:09,400
which is like, I'm going to
probably misquote this, but I
998
00:55:09,400 --> 00:55:14,840
think it's £9, it's like 4 1/2
kilos or 4 kilos, 9 or 10 lbs.
999
00:55:16,080 --> 00:55:21,080
And oh God, I don't remember the
lumens, but it's it's bright
1000
00:55:21,080 --> 00:55:25,080
like, it's it's bright like a
Mac aura almost right, Really
1001
00:55:25,080 --> 00:55:27,520
nice, really nice features.
Tiny.
1002
00:55:27,520 --> 00:55:30,360
Like really, really tiny.
And they make this. 4 bar thing
1003
00:55:30,480 --> 00:55:32,320
that.
You can mount in all kinds of
1004
00:55:32,320 --> 00:55:35,640
different ways and really,
really cool and very
1005
00:55:35,640 --> 00:55:37,920
inexpensive.
Like something like 2 Grand
1006
00:55:37,920 --> 00:55:39,560
Retail for it, right?
Wow.
1007
00:55:39,800 --> 00:55:43,760
So those are gonna just sell by
the 10s of thousands because?
1008
00:55:43,760 --> 00:55:45,760
Yeah, they will.
For stuff like what you do, you
1009
00:55:45,760 --> 00:55:47,360
can pop lights in everywhere,
right?
1010
00:55:47,360 --> 00:55:51,240
And it's small, it's light, it's
easy, pretty painless.
1011
00:55:53,240 --> 00:55:56,560
A bunch of other companies did
similar things where they came
1012
00:55:56,560 --> 00:55:59,360
out with smaller fixtures that
are still really bright.
1013
00:55:59,920 --> 00:56:03,280
And so I see that as being a
continuing trend like we went
1014
00:56:03,280 --> 00:56:05,680
bigger and bigger and bigger and
bigger and bigger for a while.
1015
00:56:05,920 --> 00:56:10,520
It's got to be 50,000 lumens.
Ours is 75,000 lumens, you know,
1016
00:56:10,720 --> 00:56:12,520
and.
I mean, it's OK if you need to
1017
00:56:12,520 --> 00:56:16,160
light a building 2 miles away or
something, but you know, when,
1018
00:56:16,160 --> 00:56:19,240
when you're lighting a trade
show booth or a corporate
1019
00:56:19,240 --> 00:56:23,640
meeting or a ballroom or
something, you don't need 75,000
1020
00:56:23,640 --> 00:56:28,120
lumen fixtures, right?
You need reliable, small, easy.
1021
00:56:29,440 --> 00:56:32,320
And yeah, so I'm seeing a lot
more of that stuff.
1022
00:56:33,640 --> 00:56:35,960
Personally, I think there's
gonna be a lot more wireless
1023
00:56:35,960 --> 00:56:40,880
battery stuff coming out with
better batteries, longer life on
1024
00:56:40,880 --> 00:56:44,520
it, cuz life has been an issue.
And that fits into the trend of
1025
00:56:44,520 --> 00:56:47,960
smaller and less power and more
efficient and all that stuff.
1026
00:56:47,960 --> 00:56:51,840
So absolutely.
Yeah, last question.
1027
00:56:53,240 --> 00:56:56,480
So you're a sponsor you you
support this podcast.
1028
00:56:56,480 --> 00:56:59,160
Who would you like to see on it
that that either you've already
1029
00:56:59,160 --> 00:57:03,040
seen once and want them back, or
maybe somebody that you haven't
1030
00:57:03,040 --> 00:57:07,200
seen yet?
I'm pretty sure I I think it
1031
00:57:07,200 --> 00:57:10,440
might have been 2020.
So Christian Jackson is
1032
00:57:10,520 --> 00:57:13,760
actually.
I learned so much from his
1033
00:57:13,760 --> 00:57:15,440
YouTube channel when I first
started.
1034
00:57:16,040 --> 00:57:19,480
Much like this podcast, I think
that there's a a lot of lessons
1035
00:57:19,480 --> 00:57:23,800
that I were was able to take on
and learn by listening to this
1036
00:57:23,800 --> 00:57:25,720
podcast.
I think Christian Jackson is a
1037
00:57:26,040 --> 00:57:28,640
one of those people.
I mean he kind of flies under
1038
00:57:28,640 --> 00:57:32,000
the radar a little bit, but he
is such a incredible programmer
1039
00:57:32,000 --> 00:57:36,200
and more so he teaches so much
like he he's willing to share
1040
00:57:36,200 --> 00:57:40,240
his knowledge to to no end.
And I think that that would be
1041
00:57:40,240 --> 00:57:42,280
another interesting guest to
have on.
1042
00:57:42,600 --> 00:57:46,560
Well, and he's sort of the OG
YouTube in our industry too.
1043
00:57:46,560 --> 00:57:50,840
Like, nobody got into YouTube
and did what he's done and I
1044
00:57:50,840 --> 00:57:53,320
don't remember.
He's got like, I don't know,
1045
00:57:53,320 --> 00:57:55,720
100,000 followers or something
on YouTube.
1046
00:57:55,720 --> 00:57:58,640
It's crazy.
But yeah, that'd be a great one.
1047
00:57:58,640 --> 00:58:02,600
I I I wouldn't say I've
forgotten about Christian, but
1048
00:58:02,600 --> 00:58:05,240
when he came on he laughed
because he was, I think at that
1049
00:58:05,240 --> 00:58:07,840
time, the youngest person we'd
ever had on the podcast.
1050
00:58:08,920 --> 00:58:11,560
So now he's a little bit older.
We'll have to get him on again.
1051
00:58:12,720 --> 00:58:14,400
Absolutely.
Some more experience, some more
1052
00:58:14,400 --> 00:58:17,520
insight, he'll be able to add a
lot of value I think.
1053
00:58:17,640 --> 00:58:21,280
Yeah, How many shows you got to
do for for New Year's?
1054
00:58:23,160 --> 00:58:27,360
We actually only have three
shows for New Year's, so not not
1055
00:58:27,360 --> 00:58:31,240
anything crazy, but then we kick
off right in January with a lot
1056
00:58:31,240 --> 00:58:33,600
of larger corporate shows that
we do every year.
1057
00:58:33,600 --> 00:58:38,240
So it's kind of that breath and
we exhale as we go into New
1058
00:58:38,240 --> 00:58:42,040
Year's and then start sprinting
right away at the beginning of
1059
00:58:42,040 --> 00:58:43,520
January.
Rest is over.
1060
00:58:44,400 --> 00:58:45,880
That's right.
It is over.
1061
00:58:45,880 --> 00:58:47,960
It was good while it lasted.
Yeah.
1062
00:58:48,080 --> 00:58:51,240
Well, thank you, Daniel, so much
for taking a minute to do this
1063
00:58:51,240 --> 00:58:53,760
with me.
And again, we appreciate you
1064
00:58:53,760 --> 00:58:58,600
very much being a sponsor of
Geezers of Gear and look forward
1065
00:58:58,600 --> 00:59:00,320
to doing lots of cool stuff next
year too.
1066
00:59:01,160 --> 00:59:02,560
Absolutely.
Thank you so much for having me
1067
00:59:02,560 --> 00:59:04,280
on.
It's always a pleasure to be
1068
00:59:04,280 --> 00:59:06,800
able to chat with you.
Like I said, love supporting a
1069
00:59:06,800 --> 00:59:08,480
podcast that has given me so
much value.
1070
00:59:08,480 --> 00:59:10,600
So thank you.
I appreciate that.
1071
00:59:10,800 --> 00:59:12,960
All right my friend.
All right.
1072
00:59:12,960 --> 00:59:15,280
See ya.
Mr. Ben, how are you?
1073
00:59:16,320 --> 00:59:18,920
Hey, good morning or good
afternoon I suppose at this
1074
00:59:18,920 --> 00:59:20,720
point, right?
It is, yeah.
1075
00:59:20,960 --> 00:59:26,800
So Ben is actually recording
this with me on a Sunday and on
1076
00:59:26,800 --> 00:59:29,400
New Year's Eve.
So you're a, you're a superstar
1077
00:59:29,400 --> 00:59:31,000
for doing that.
We were actually going to record
1078
00:59:31,000 --> 00:59:34,840
during the week and Ben.
Had a bit of a blowout in his
1079
00:59:34,840 --> 00:59:38,120
home.
Well, fortunately, it wasn't my
1080
00:59:38,120 --> 00:59:42,000
home.
So I spent last week deep in the
1081
00:59:42,000 --> 00:59:47,440
heart of southwest Texas, where
my father-in-law lives in a town
1082
00:59:48,000 --> 00:59:50,920
small.
It's on the Guadalupe River and
1083
00:59:50,920 --> 00:59:54,200
it's such a small town that
there's no convenient hotels.
1084
00:59:54,520 --> 00:59:58,800
So when going to visit him, we
did a VRBO of AI call it a
1085
00:59:58,800 --> 01:00:00,840
fishing shack, but it was, you
know, it was a three bedroom
1086
01:00:00,880 --> 01:00:02,360
home to be.
Yeah, yeah.
1087
01:00:02,720 --> 01:00:05,480
Well, you know, single story, 3
bedroom home right on the
1088
01:00:05,480 --> 01:00:07,240
Guadalupe River.
It was very nice, part of a
1089
01:00:07,240 --> 01:00:13,200
compound so cold in Texas for
the past few days that the well
1090
01:00:13,200 --> 01:00:15,600
pump froze.
So we had no water when we.
1091
01:00:16,560 --> 01:00:17,760
What day is today?
Sunday, right.
1092
01:00:17,920 --> 01:00:21,440
So we had on Friday morning and
Saturday morning we had no water
1093
01:00:21,440 --> 01:00:26,720
in the house from, you know
probably sometime around 3:00 AM
1094
01:00:27,000 --> 01:00:30,480
until around 1:00 PM when it got
warm enough that the well pump
1095
01:00:30,480 --> 01:00:32,280
thawed and we had water again
for a while.
1096
01:00:32,520 --> 01:00:35,080
So.
So we had, I think we had
1097
01:00:35,080 --> 01:00:40,200
planned to do this on Friday and
it was just a bit too much while
1098
01:00:40,200 --> 01:00:42,720
trying to make sure.
No, I get it.
1099
01:00:43,160 --> 01:00:45,880
I get it completely, All those.
Exciting things you go through
1100
01:00:45,880 --> 01:00:46,680
at a time.
Yeah.
1101
01:00:47,200 --> 01:00:50,000
So thank you for your.
Flexibility and for delaying
1102
01:00:51,120 --> 01:00:55,880
you're you're you're watching of
I think is it Baltimore and
1103
01:00:55,880 --> 01:00:58,320
Miami coming up in 20 minutes.
It is, yeah.
1104
01:00:58,840 --> 01:01:02,200
It's a huge game, you know.
Yeah, really it's Whoever wins
1105
01:01:02,200 --> 01:01:07,000
this game leads the AFC and puts
themselves in a pretty good
1106
01:01:07,000 --> 01:01:09,320
position.
So it's a huge game.
1107
01:01:09,320 --> 01:01:13,400
And it's also MVP status.
Like basically people are saying
1108
01:01:13,400 --> 01:01:18,080
it's either Tua or it's Lamar
Jackson, whoever wins the game
1109
01:01:18,080 --> 01:01:20,360
kind of thing.
But we'll see.
1110
01:01:20,360 --> 01:01:22,680
I mean, I think it's gonna be an
interesting game, I think.
1111
01:01:22,840 --> 01:01:25,160
Exciting time for a South
Florida resident.
1112
01:01:25,480 --> 01:01:27,960
It really is for once.
I mean, we've got a hockey team
1113
01:01:27,960 --> 01:01:29,520
that's winning.
We've got a football team that's
1114
01:01:29,520 --> 01:01:31,400
winning.
I don't know anything about
1115
01:01:31,400 --> 01:01:33,640
baseball or soccer, so I
couldn't tell you what they're
1116
01:01:33,640 --> 01:01:34,640
doing.
The heat, I think.
1117
01:01:34,640 --> 01:01:36,120
Soccer.
I'm not sure, but.
1118
01:01:37,360 --> 01:01:39,760
Whether your soccer team is
winning or not, you certainly
1119
01:01:40,120 --> 01:01:42,960
have a ticket draw.
Yeah, yeah, no kidding.
1120
01:01:42,960 --> 01:01:46,520
Yeah, I mean, it's you know what
I I have.
1121
01:01:46,520 --> 01:01:48,280
Jersey sales aren't doing too
bad either.
1122
01:01:48,440 --> 01:01:52,280
I have a friend who who goes to
those games, the Inter,
1123
01:01:52,280 --> 01:01:56,400
whatever, it's called Inter,
Miami and he said ever since
1124
01:01:56,400 --> 01:02:01,920
they got him.
Tickets went from $40 to $400.00
1125
01:02:02,400 --> 01:02:06,280
and I'm like, wow, man, I like,
I didn't even know we had a
1126
01:02:06,280 --> 01:02:08,480
soccer crowd here.
But I guess with all the South
1127
01:02:08,480 --> 01:02:13,240
American people and stuff, we're
bound to, and all it took was
1128
01:02:13,240 --> 01:02:15,760
bringing in, you know, the.
Biggest player in the world or
1129
01:02:15,760 --> 01:02:16,880
whatever.
Arguably the.
1130
01:02:17,080 --> 01:02:19,560
Ownership group.
The player you got to go anyway.
1131
01:02:20,000 --> 01:02:21,360
Yeah.
No, it's interesting.
1132
01:02:21,640 --> 01:02:23,760
So before we get into it, I'm
just going to ask you 3
1133
01:02:23,760 --> 01:02:25,720
questions.
But before we get into that, I
1134
01:02:26,440 --> 01:02:30,960
first of all, I wanted to
applaud you for your leadership
1135
01:02:30,960 --> 01:02:37,320
and your, you know, just
stewardship of of just the
1136
01:02:37,320 --> 01:02:38,960
ideas.
And you know, I talked to you a
1137
01:02:38,960 --> 01:02:40,880
lot and stuff.
But the things that you've done
1138
01:02:40,880 --> 01:02:44,880
with ACT this year, you kind of
started the year telling me we
1139
01:02:44,880 --> 01:02:47,960
want to evolve a little bit.
We want to, we want to grow, we
1140
01:02:47,960 --> 01:02:49,560
want to do some things
differently.
1141
01:02:49,560 --> 01:02:51,800
We don't want to be known as a
lighting company.
1142
01:02:51,800 --> 01:02:53,600
You changed your name to ACT
Entertainment.
1143
01:02:53,600 --> 01:02:57,360
You've changed your logo and you
went out and got a huge audio
1144
01:02:57,360 --> 01:02:59,440
brand.
You, you've bought a couple of
1145
01:02:59,440 --> 01:03:03,400
companies that are sort of
outside the the sort of center
1146
01:03:03,400 --> 01:03:07,400
of of lighting and so I mean
it's been an incredible year for
1147
01:03:07,400 --> 01:03:10,360
ACT.
It's been an exciting time and I
1148
01:03:10,360 --> 01:03:12,800
have to applaud our team for
doing a great job.
1149
01:03:13,480 --> 01:03:17,800
As you mentioned, we began a
distribution agreement with PK
1150
01:03:17,800 --> 01:03:23,760
Sound and manufactured in your
hometown, Calgary AB.
1151
01:03:23,960 --> 01:03:26,320
All right, yeah, Calgary AB.
Sorry, I was trying to say
1152
01:03:26,320 --> 01:03:28,560
Calgary AB Cannon and I tripped
on my tongue there.
1153
01:03:30,040 --> 01:03:32,960
Yeah.
Anyway, so you know, great brand
1154
01:03:32,960 --> 01:03:36,480
Jeremy James and his group and
then Ralph Mastron Jello, who
1155
01:03:36,480 --> 01:03:39,000
joined us after a very a storied
career.
1156
01:03:39,640 --> 01:03:43,800
Ralph, those people where you
can walk into an arena anywhere
1157
01:03:44,160 --> 01:03:46,760
on the anywhere in the world and
he's going to know somebody from
1158
01:03:46,760 --> 01:03:49,960
the house.
He's an amazing guy and really
1159
01:03:49,960 --> 01:03:53,440
looking forward to you know we
we we began last year but it was
1160
01:03:53,440 --> 01:03:56,360
kind of a soft beginning.
We had them at LDI with us.
1161
01:03:56,640 --> 01:03:58,840
This is the year we're really
launching together and it's
1162
01:03:59,320 --> 01:04:01,800
really excited about that.
And then as you mentioned we
1163
01:04:01,800 --> 01:04:07,080
acquired TV One which is the
manufacturer of the TV One line
1164
01:04:07,080 --> 01:04:08,840
of products and also Green
Hippo.
1165
01:04:08,840 --> 01:04:14,280
So going to you know then I
think we finished that about 27
1166
01:04:14,280 --> 01:04:17,960
days ago, so again. 24 We're
we're, we're a very.
1167
01:04:17,960 --> 01:04:21,240
Different company going into
2024 than we were going into 20.
1168
01:04:21,240 --> 01:04:23,680
24 absolutely.
No, I mean you're you're these
1169
01:04:23,680 --> 01:04:26,720
are all really amazing moves.
I don't know much about TV One,
1170
01:04:27,200 --> 01:04:31,080
but you know Green Hippo
obviously a huge product line
1171
01:04:31,560 --> 01:04:36,400
and really great addition to you
know not only your your lighting
1172
01:04:36,400 --> 01:04:37,960
products but your control
products.
1173
01:04:37,960 --> 01:04:41,840
I mean obviously when you look
at MA and and Airton and a lot
1174
01:04:41,840 --> 01:04:43,400
of the other stuff that you
have.
1175
01:04:43,400 --> 01:04:45,360
MDG Robert Juliet.
Right.
1176
01:04:45,360 --> 01:04:50,200
But what's missing you know is
exactly what you went out and
1177
01:04:50,200 --> 01:04:52,840
got and and so no, I I think
it's excellent.
1178
01:04:52,840 --> 01:04:56,760
And so I guess some of this
stuff while PK specifically
1179
01:04:56,760 --> 01:04:59,720
probably ultimate support I
guess, which is also relatively.
1180
01:04:59,720 --> 01:05:03,040
New ultimate support was an
acquisition in 2022, yeah, yeah.
1181
01:05:03,520 --> 01:05:07,000
Oh, so I guess PK really they're
coming out party is is Nam.
1182
01:05:07,640 --> 01:05:08,920
Yeah, They'll be Nam.
They'll be.
1183
01:05:08,920 --> 01:05:09,760
I isn't.
Really.
1184
01:05:09,760 --> 01:05:12,160
An audio show, as much as some
people would argue it is.
1185
01:05:12,720 --> 01:05:17,400
We were together at AES in in
New York I think in November or
1186
01:05:17,400 --> 01:05:20,280
October, I can't remember.
But really, really Nam is the
1187
01:05:20,280 --> 01:05:24,400
coming out party.
We'll we'll have a play and have
1188
01:05:24,400 --> 01:05:25,960
our team there ready to talk to
people.
1189
01:05:26,200 --> 01:05:31,360
Really exciting.
So just to get into this, really
1190
01:05:31,360 --> 01:05:33,680
it's just three questions that
I'm looking at.
1191
01:05:33,680 --> 01:05:38,120
And so first for our industry,
you know, I know 20/22 was an
1192
01:05:38,120 --> 01:05:42,040
insane year.
Everyone that I spoke to record
1193
01:05:42,040 --> 01:05:45,400
years, you know, just absolutely
blew it up.
1194
01:05:45,400 --> 01:05:47,640
Biggest year they've ever had,
yadda yadda yadda.
1195
01:05:48,080 --> 01:05:52,200
And really most people were just
trying to get back to 2019
1196
01:05:52,200 --> 01:05:55,240
numbers and then all of a
sudden, you know it was just
1197
01:05:55,240 --> 01:05:57,960
this massive year.
I've heard from a lot of
1198
01:05:57,960 --> 01:06:00,760
companies, some who have
actually come on this interview
1199
01:06:00,760 --> 01:06:05,320
with me, but I've heard from a
lot of companies that 23
1200
01:06:05,840 --> 01:06:10,720
represented a bit of the same
but sort of a hangover to like
1201
01:06:10,960 --> 01:06:15,960
you know they expected to be 10
or 15% up or 20% up and and they
1202
01:06:15,960 --> 01:06:19,880
were 5% down or flat.
Yeah.
1203
01:06:20,440 --> 01:06:23,360
So you know give me, I'm not
asking for your sales, I know
1204
01:06:23,360 --> 01:06:26,800
you guys are a private company,
but you know your your outlook
1205
01:06:26,800 --> 01:06:30,280
on sort of the industry, what
2023 meant in the industry?
1206
01:06:30,320 --> 01:06:34,600
From a revenue standpoint?
I think 2023 was just a really
1207
01:06:34,600 --> 01:06:38,840
strange year and part of it,
part of it depended on
1208
01:06:39,000 --> 01:06:42,840
specifically where in the
industry you operate, right?
1209
01:06:42,920 --> 01:06:45,720
Obviously, we had what I refer
to as the Hollywood strikes,
1210
01:06:46,000 --> 01:06:50,240
right?
So you had the WGA and the the
1211
01:06:50,760 --> 01:06:54,920
the SAG strikes and so obviously
I say Hollywood not
1212
01:06:54,920 --> 01:06:57,720
geographically but the part of
the industry that records film
1213
01:06:57,720 --> 01:07:02,320
and TV.
You know, so any any rental
1214
01:07:02,320 --> 01:07:05,960
company or any event company
that had a had a not even a
1215
01:07:05,960 --> 01:07:09,680
concentration but let's say you
know I, I talk, you know I I was
1216
01:07:09,680 --> 01:07:13,920
talking to the CEO of one of the
top three rental companies and
1217
01:07:13,920 --> 01:07:17,560
he was saying you know 20% of
their business came from
1218
01:07:17,560 --> 01:07:20,040
Hollywood, right.
So you know think about think
1219
01:07:20,040 --> 01:07:23,760
about lopping 20% off of your
company and you know it was what
1220
01:07:23,760 --> 01:07:26,160
was it, it was May through
November, right.
1221
01:07:26,160 --> 01:07:30,000
So you know however many months
that isn't math you had that
1222
01:07:30,000 --> 01:07:33,680
much of the year where you know
for some people it was 20%, for
1223
01:07:33,680 --> 01:07:36,760
some people it was 99%, right.
So you had a, you had a lot of
1224
01:07:36,760 --> 01:07:39,320
strange, a lot of strange
things.
1225
01:07:39,320 --> 01:07:42,880
But then you had people who
maybe with a high concentration
1226
01:07:42,880 --> 01:07:45,720
in concert touring.
And I think 2023 was, you know,
1227
01:07:45,760 --> 01:07:50,360
the greatest concert touring
year in history until 2024,
1228
01:07:50,360 --> 01:07:52,320
which we're expecting.
You know, if you, you know, you
1229
01:07:52,320 --> 01:07:55,040
look at the data that Live
Nation is putting out and we
1230
01:07:55,040 --> 01:07:58,240
talked to our customers, you
know we we had a huge surge of
1231
01:07:58,240 --> 01:08:03,040
orders coming in right at the
end of the year, all looking for
1232
01:08:03,040 --> 01:08:06,040
delivery towards the end of the
first quarter, right.
1233
01:08:06,040 --> 01:08:08,840
So sometime in March we have,
yeah, I think there's not a
1234
01:08:08,840 --> 01:08:11,360
single rental company you can
pick up the phone and talk to
1235
01:08:11,360 --> 01:08:13,920
right now who's not going to
tell you they're booked for next
1236
01:08:13,920 --> 01:08:15,880
summer or they're booked for the
spring.
1237
01:08:16,479 --> 01:08:19,680
And I think those companies also
honestly did fairly well in
1238
01:08:19,680 --> 01:08:23,240
2023, right.
So you know sure for as you know
1239
01:08:23,240 --> 01:08:26,479
if I put on my manufacturer hat
for a second or I think about
1240
01:08:26,479 --> 01:08:29,439
the distribution area of our
business you know we're
1241
01:08:29,520 --> 01:08:33,920
obviously coming out of COVID.
There was a growth rate of you
1242
01:08:33,920 --> 01:08:38,279
know 300% or 500% or whatever it
was because our everything
1243
01:08:38,279 --> 01:08:41,160
dropped 50% going in you know
because of COVID right.
1244
01:08:41,160 --> 01:08:45,840
So you know the the the velocity
of that growth rate is you know
1245
01:08:45,840 --> 01:08:49,120
the end of the the industry is
not going to grow that much
1246
01:08:49,479 --> 01:08:53,080
again in any given year.
But we are definitely back to
1247
01:08:53,080 --> 01:08:56,120
what we consider a normalized
growth pattern whether that's
1248
01:08:56,120 --> 01:09:01,720
you know you look at 20, you
know 2012 ish to you know March
1249
01:09:01,720 --> 01:09:04,040
of 2020.
And I think if you smooth out
1250
01:09:04,040 --> 01:09:06,840
the curve of COVID, we've
actually beaten that.
1251
01:09:07,080 --> 01:09:10,560
The industry has beaten that
over the last, you know, 4 plus
1252
01:09:10,560 --> 01:09:13,319
years at this point.
And I no and it.
1253
01:09:13,520 --> 01:09:16,439
Would really expect that to
continue for you know again you
1254
01:09:16,439 --> 01:09:19,200
know I don't know that the
Hollywood strike ending is going
1255
01:09:19,200 --> 01:09:22,880
to cause you know I don't think
we're going to come storming out
1256
01:09:22,880 --> 01:09:24,960
of the gate.
But as though at that as that
1257
01:09:24,960 --> 01:09:27,600
industry starts to restart and
remember all those studios are
1258
01:09:27,600 --> 01:09:29,760
real estate companies now,
right, That's really what they
1259
01:09:30,359 --> 01:09:34,120
are you know So as that part of
the industry starts to restart
1260
01:09:34,120 --> 01:09:37,640
again and then you know again
put on the manufacturer hat for
1261
01:09:37,640 --> 01:09:39,960
a second you think about what's
going on in the rest of the
1262
01:09:39,960 --> 01:09:41,760
world, right.
And I, you know I know you
1263
01:09:41,760 --> 01:09:43,680
haven't you have a worldwide
audience, right.
1264
01:09:43,680 --> 01:09:48,160
We're we're very you know we're
we're very North American
1265
01:09:48,160 --> 01:09:50,800
centric in in the guest list
sometimes.
1266
01:09:50,800 --> 01:09:53,960
But I think you have a lot of
listeners, you know, if you look
1267
01:09:53,960 --> 01:09:57,720
at what's going on, you know, in
Saudi Arabia and other parts,
1268
01:09:57,760 --> 01:10:01,880
you know that that's that's
going to be a huge hot bun of
1269
01:10:01,880 --> 01:10:05,120
activity for the next.
Well, for the next I was.
1270
01:10:05,160 --> 01:10:07,400
Going to say for the next
decade, but probably for the
1271
01:10:07,400 --> 01:10:11,320
next forever, right?
So I think, I think anyone who's
1272
01:10:11,600 --> 01:10:15,360
manufacturing equipment, anyone
who's manufacturing
1273
01:10:15,360 --> 01:10:20,760
entertainment technology should
continue to be quite excited and
1274
01:10:20,760 --> 01:10:25,360
bullish about you know the
industry and the the, the growth
1275
01:10:25,360 --> 01:10:27,760
in the industry.
I I completely agree with you
1276
01:10:27,760 --> 01:10:30,800
and you mentioned Live Nation
and I've mentioned it many times
1277
01:10:30,800 --> 01:10:33,680
on here, but sure, but they have
this really cool approach where
1278
01:10:34,480 --> 01:10:39,160
Rapinoe put out an article
saying that that his his
1279
01:10:39,160 --> 01:10:43,440
customers or his artists
basically have 10 million
1280
01:10:43,440 --> 01:10:46,920
followers on social media.
All he has to do is sell tickets
1281
01:10:46,920 --> 01:10:52,040
to 5% of those people and you
know and he sells out a tour and
1282
01:10:52,040 --> 01:10:54,080
you know when you look at the
math like that it's pretty
1283
01:10:54,080 --> 01:10:55,760
incredible.
So what they're really trying to
1284
01:10:55,760 --> 01:11:01,200
do is start tapping you know
sort of multi multimedia type of
1285
01:11:01,200 --> 01:11:03,880
approach where you're you're
tying into the social media and
1286
01:11:03,880 --> 01:11:08,400
tying into you know between
streaming and and live events
1287
01:11:08,400 --> 01:11:09,680
and all of those different
things.
1288
01:11:09,680 --> 01:11:13,080
You're just kind of trying to
bunch it all and and have a have
1289
01:11:13,080 --> 01:11:15,000
a thread that goes.
Through the whole thing.
1290
01:11:15,000 --> 01:11:18,680
So it's pretty interesting.
It's it's, you know, I kept
1291
01:11:18,680 --> 01:11:23,360
thinking the bottom was going to
fall out a little bit and it
1292
01:11:23,360 --> 01:11:25,520
hasn't.
And now I've actually sort of
1293
01:11:25,520 --> 01:11:28,000
changed my opinion to where I
don't think it will.
1294
01:11:28,000 --> 01:11:30,480
I think there's a larger
appetite for live.
1295
01:11:30,480 --> 01:11:32,120
Events than what we're currently
feeling.
1296
01:11:32,680 --> 01:11:36,040
And it's huge.
You know, again, it's, you know,
1297
01:11:36,160 --> 01:11:40,600
we all if you wake up in the
morning and turn on the news,
1298
01:11:40,760 --> 01:11:42,360
right.
And I think that was another
1299
01:11:42,360 --> 01:11:47,360
part of the story of 2023 is we
certainly spent month.
1300
01:11:47,680 --> 01:11:50,640
I think thinking back, it feels
like it was the middle of the
1301
01:11:50,640 --> 01:11:55,480
year, right, where everyone, you
know, economists were doing
1302
01:11:55,480 --> 01:11:57,920
their best to convince us that
there was going to be a
1303
01:11:57,920 --> 01:11:59,280
recession.
Right.
1304
01:11:59,720 --> 01:12:03,080
The reality is there.
You know, we're we're still
1305
01:12:03,080 --> 01:12:06,240
waiting for the recession that
we've been promised for the last
1306
01:12:06,240 --> 01:12:10,480
three years, right.
And you know again I'm, I'm not
1307
01:12:10,480 --> 01:12:15,720
an economist, I, you know it's
it's way outside my purview and
1308
01:12:15,720 --> 01:12:18,200
area of expertise to understand
what's going on there.
1309
01:12:18,200 --> 01:12:22,720
But I think that had, I think
that had a real hangover on some
1310
01:12:22,720 --> 01:12:28,960
of the purchasing decision
making in our industry, right.
1311
01:12:28,960 --> 01:12:31,960
You know if you were, if you're
reading the news, July ish,
1312
01:12:32,000 --> 01:12:34,920
August ish, you know you just,
you really weren't feeling good
1313
01:12:34,920 --> 01:12:36,080
about waking up, right.
Yeah.
1314
01:12:37,040 --> 01:12:39,280
Well, I don't usually.
I personally, I don't usually
1315
01:12:39,280 --> 01:12:41,800
pay attention to it's a it's an
election year.
1316
01:12:41,800 --> 01:12:43,720
And all of those.
Types of things like I don't
1317
01:12:43,720 --> 01:12:45,720
think our industry.
Follows a lot of that stuff.
1318
01:12:46,120 --> 01:12:48,280
I'll tell you what's scaring the
shit out of me right now.
1319
01:12:48,280 --> 01:12:51,600
And you know, I follow some of
this geopolitics stuff because
1320
01:12:52,040 --> 01:12:56,560
my business really moves
equipment around the world.
1321
01:12:56,560 --> 01:12:58,800
Like we're not dealing with a
North American market.
1322
01:12:58,800 --> 01:13:02,000
We're dealing with Asian stuff
coming into North America, North
1323
01:13:02,000 --> 01:13:04,440
American stuff going into
Europe, etcetera.
1324
01:13:04,440 --> 01:13:07,600
We're moving stuff around.
And So what these hooties are
1325
01:13:07,600 --> 01:13:10,400
doing right now, like in the
Suez Canal and the Red Sea and
1326
01:13:10,400 --> 01:13:13,960
stuff is scaring the shit out of
me, You know, cuz like I've
1327
01:13:13,960 --> 01:13:18,080
already heard container prices
are already 3X between Asia and
1328
01:13:18,080 --> 01:13:22,240
Europe because they have to
travel like thousands of miles
1329
01:13:22,240 --> 01:13:24,360
additional.
And you know, they're they're.
1330
01:13:24,360 --> 01:13:26,560
Bringing and Ukraine is blocking
the trains.
1331
01:13:27,120 --> 01:13:28,320
Right.
Another problem.
1332
01:13:28,440 --> 01:13:31,480
Yeah.
So I mean this stuff definitely
1333
01:13:31,480 --> 01:13:36,560
has a cost and and you know if
you go back to freight shortages
1334
01:13:36,560 --> 01:13:40,040
and and these supply and demand
issues that we ran into in
1335
01:13:40,040 --> 01:13:42,680
2020-2021.
Yeah, you know.
1336
01:13:42,680 --> 01:13:45,000
That is, that's a beating on our
end.
1337
01:13:46,000 --> 01:13:48,520
Remember, I am.
I am literally the worst
1338
01:13:48,520 --> 01:13:50,280
predictor in the history of
time.
1339
01:13:50,280 --> 01:13:53,360
I'm the one who said COVID was a
90 day problem and we all needed
1340
01:13:53,360 --> 01:13:56,600
to focus on day 91, right?
I was right there with you,
1341
01:13:56,600 --> 01:13:57,880
buddy.
You know so.
1342
01:13:58,040 --> 01:14:00,280
I was as big a Jackass as you
were on that one.
1343
01:14:01,000 --> 01:14:02,640
Weisman thought it was a few
weeks.
1344
01:14:03,200 --> 01:14:04,960
Yeah, so.
He was even worse.
1345
01:14:05,400 --> 01:14:08,320
We tagged him somewhere.
No, I mean none of us.
1346
01:14:08,320 --> 01:14:10,280
Can predict this stuff.
You know, none of us can.
1347
01:14:10,280 --> 01:14:11,400
Predict this stuff.
You can just.
1348
01:14:11,800 --> 01:14:15,120
Sort of plan for for the worst
and and you know groove with the
1349
01:14:15,120 --> 01:14:19,240
best if you can so. 2024.
It.
1350
01:14:19,440 --> 01:14:23,920
It sounds to me like you're
expecting growth in 24, but
1351
01:14:23,920 --> 01:14:26,960
probably.
Regular growth like back to sort
1352
01:14:26,960 --> 01:14:32,480
of you know the 2017 to
20/18/2018 to 2019 like. 10%,
1353
01:14:32,760 --> 01:14:36,920
six percent, 8%, fifty, you
know, 6%, eight percent, 20%,
1354
01:14:36,920 --> 01:14:39,600
you know. 2300.
Percent whatever the number's
1355
01:14:39,600 --> 01:14:41,200
gonna be, the number's gonna be
right.
1356
01:14:41,200 --> 01:14:42,800
Yeah.
The market is growing.
1357
01:14:43,040 --> 01:14:46,280
There's more live events.
There's more installations that
1358
01:14:46,280 --> 01:14:49,680
need entertainment technology,
you know, there's there's all
1359
01:14:49,680 --> 01:14:52,120
kinds of, you know, there's
construction projects, there's
1360
01:14:52,200 --> 01:14:54,040
all kinds of things happening
around the world.
1361
01:14:54,400 --> 01:14:59,920
And you know that's only going
to continue as time goes on.
1362
01:15:00,320 --> 01:15:04,160
Yeah, you know on Wiseman
recorded a podcast which I think
1363
01:15:04,160 --> 01:15:05,640
comes out next week or
something.
1364
01:15:06,120 --> 01:15:10,440
And he was talking about
somebody in their finance team
1365
01:15:10,440 --> 01:15:12,640
or something coming in and
saying, you know John, we're
1366
01:15:12,640 --> 01:15:15,600
going to need you know, to add
another 12 million to the budget
1367
01:15:15,600 --> 01:15:18,280
next year or whatever.
You know, are you going to get
1368
01:15:18,280 --> 01:15:19,520
that?
Where, where are we going to get
1369
01:15:19,520 --> 01:15:20,480
that from?
And he's like.
1370
01:15:21,080 --> 01:15:23,880
Get the hell out of my office.
You know, just get out of my
1371
01:15:23,880 --> 01:15:26,280
office.
What's going to happen is going
1372
01:15:26,280 --> 01:15:28,040
to happen.
That's what's going to happen.
1373
01:15:28,040 --> 01:15:31,280
You know, I can't just pretend
that there's another 12 million
1374
01:15:31,280 --> 01:15:33,720
when I have no idea what's
what's coming.
1375
01:15:33,720 --> 01:15:34,920
You know, there could be another
war.
1376
01:15:34,920 --> 01:15:36,560
There could be 14.
Wars.
1377
01:15:36,560 --> 01:15:38,120
I have no idea.
So.
1378
01:15:39,080 --> 01:15:42,200
It's our job.
It's our job to try to predict
1379
01:15:42,200 --> 01:15:43,240
the future.
Yeah, right.
1380
01:15:43,640 --> 01:15:47,240
I mean, I'll tell you what if we
do, if you came within, you
1381
01:15:47,240 --> 01:15:51,480
know, 10 or 12% of your forecast
this year of of your budgeted
1382
01:15:51,480 --> 01:15:54,920
forecast this year, I think,
damn, you did good.
1383
01:15:55,200 --> 01:15:58,360
You know, and I've talked to a
lot of people who have and I've
1384
01:15:58,360 --> 01:16:01,600
talked to some people who were
wildly off either direction,
1385
01:16:01,600 --> 01:16:03,040
like they thought they were
going to lose money and they
1386
01:16:03,040 --> 01:16:04,400
made money.
So.
1387
01:16:05,600 --> 01:16:08,840
So yeah, and give me a big
prediction.
1388
01:16:09,000 --> 01:16:12,440
Give me a big bold prediction.
It could be somebody who's going
1389
01:16:12,440 --> 01:16:17,000
to dust off their retirement,
you know, stuff and and come
1390
01:16:17,000 --> 01:16:19,440
back out and tour.
It could be a market trend,
1391
01:16:19,440 --> 01:16:22,840
product trend.
What are you thinking?
1392
01:16:23,240 --> 01:16:25,440
Something wild?
COVID is a 90 day problem.
1393
01:16:25,440 --> 01:16:28,320
That's my prediction.
I've sworn off predictions.
1394
01:16:28,880 --> 01:16:31,040
I've sworn off predictions.
Sworn off predictions.
1395
01:16:31,400 --> 01:16:35,960
Yeah, you know, I think the
world is going to adopt
1396
01:16:37,200 --> 01:16:40,200
automated line array systems
that move in the air.
1397
01:16:40,680 --> 01:16:43,120
And you don't have to drop them
to reposition them.
1398
01:16:43,600 --> 01:16:45,600
I'm the world's huge fan of your
prediction.
1399
01:16:45,920 --> 01:16:47,760
There you go.
There you go.
1400
01:16:47,840 --> 01:16:49,600
You can pay me later.
There you go.
1401
01:16:50,000 --> 01:16:52,080
And so, bonus question.
Give me a guest.
1402
01:16:52,080 --> 01:16:56,240
I should get on this podcast.
Oh, wow.
1403
01:16:56,320 --> 01:16:58,040
I wasn't prepared for that
question.
1404
01:16:58,360 --> 01:17:00,800
Yeah, right.
Well, I'm finally old enough to
1405
01:17:00,800 --> 01:17:03,000
be a geezer, so.
Yeah, yeah.
1406
01:17:03,920 --> 01:17:05,840
We should do another one and
just talk.
1407
01:17:05,840 --> 01:17:08,200
A little about what's wrong,
Think about that and I will send
1408
01:17:08,240 --> 01:17:10,280
you an e-mail.
Well, that's no good for a
1409
01:17:10,280 --> 01:17:12,040
podcast.
What doesn't e-mail do to the
1410
01:17:12,040 --> 01:17:14,280
people who are sitting here
listening to this going Why
1411
01:17:14,280 --> 01:17:17,320
can't Ben come up with a name?
It gives them something more.
1412
01:17:17,520 --> 01:17:19,440
It gives them something more
interesting to think about.
1413
01:17:19,480 --> 01:17:23,040
How about Ralph?
OK, it's a good idea.
1414
01:17:23,040 --> 01:17:23,920
It's.
A good idea.
1415
01:17:24,120 --> 01:17:26,120
Love to get Ralph on that would
be fun.
1416
01:17:26,320 --> 01:17:28,400
And we don't even have to talk
about ma consoles.
1417
01:17:28,400 --> 01:17:32,800
We can talk about art,
photographs, cars, race cars,
1418
01:17:32,960 --> 01:17:34,640
racing drivers.
I don't care.
1419
01:17:34,720 --> 01:17:35,720
I'll give them a call and I'll
see.
1420
01:17:36,200 --> 01:17:38,000
All right.
All right, my friend.
1421
01:17:38,000 --> 01:17:40,320
Well, happy New Year to you.
I appreciate you taking the time
1422
01:17:40,320 --> 01:17:43,560
out on a Sunday on New Year's
Eve to do this and.
1423
01:17:43,560 --> 01:17:45,040
Happy New Year to you as well
and.
1424
01:17:45,680 --> 01:17:47,520
Hope you get to shower before
you eat tonight.
1425
01:17:50,640 --> 01:17:53,320
Yeah, yeah, no, I appreciate it,
buddy.
1426
01:17:53,960 --> 01:17:56,840
All right.
Have an amazing time and and
1427
01:17:56,840 --> 01:17:59,040
we'll chat next year.
All right.
1428
01:17:59,040 --> 01:17:59,720
Stay safe.
Enjoy it.
1429
01:17:59,720 --> 01:18:00,160
See you, pal.
Bye.
1430
01:18:01,360 --> 01:18:05,280
In the enviable position of
being in the same company I am
1431
01:18:05,280 --> 01:18:06,840
and I can't answer my own
questions.
1432
01:18:06,840 --> 01:18:12,000
So seeing that you're the next
in command you can you can be
1433
01:18:12,000 --> 01:18:14,120
the one who's up to bad and
answering these.
1434
01:18:14,120 --> 01:18:18,040
So it's going to be funny asking
questions about you know your
1435
01:18:18,040 --> 01:18:23,200
viewpoints of our company when
I'm in the company every day.
1436
01:18:23,200 --> 01:18:26,360
So, you know, maybe the
questions that I'm going to ask
1437
01:18:26,360 --> 01:18:30,800
you, which are going to be more
related to, you know, of how the
1438
01:18:30,800 --> 01:18:33,280
industry's doing and stuff,
let's maybe keep them more
1439
01:18:33,280 --> 01:18:36,640
industry related, not
necessarily specific to gear
1440
01:18:36,640 --> 01:18:41,480
source, but I mean aside from
that, so we're recording this.
1441
01:18:41,480 --> 01:18:44,400
People are going to hear this a
couple days after Christmas at
1442
01:18:44,400 --> 01:18:45,960
least.
I mean the people who hear it
1443
01:18:45,960 --> 01:18:48,200
the first day are going to hear
it a couple days after Christmas
1444
01:18:48,520 --> 01:18:51,280
and then obviously in
perpetuity.
1445
01:18:51,280 --> 01:18:54,680
But as we're recording it, we're
a couple of days before
1446
01:18:54,680 --> 01:18:58,800
Christmas right now.
And so I think you're traveling,
1447
01:18:58,800 --> 01:19:01,720
right?
For the holiday I am, I'm, I'm
1448
01:19:01,720 --> 01:19:03,040
doing a lot of traveling
actually.
1449
01:19:03,040 --> 01:19:05,680
I'm driving down.
I live in Northern California,
1450
01:19:05,960 --> 01:19:09,400
so we're driving down with my
family and my dogs to Los
1451
01:19:09,400 --> 01:19:12,400
Angeles to hang out with my in
laws for a couple of days.
1452
01:19:12,400 --> 01:19:15,040
And then from there, we're
flying to Denver to hang out
1453
01:19:15,040 --> 01:19:20,400
with my family for a few days
and then flying back to LA and
1454
01:19:20,400 --> 01:19:22,480
driving back up.
Holy shite.
1455
01:19:23,120 --> 01:19:25,240
Yeah, lots of fun.
That's a lot.
1456
01:19:25,680 --> 01:19:27,920
You know, you got this thing
called Southwest Airlines,
1457
01:19:27,920 --> 01:19:29,360
right?
You can get from like Northern
1458
01:19:29,360 --> 01:19:31,000
California to Southern
California.
1459
01:19:31,000 --> 01:19:34,520
It's really fast.
You can, but then you can't take
1460
01:19:34,520 --> 01:19:36,800
the dogs and then I have to put
them in.
1461
01:19:36,880 --> 01:19:38,960
I have to board them or do
something with them.
1462
01:19:39,240 --> 01:19:41,840
We have some friends here that
typically would watch them, but
1463
01:19:42,040 --> 01:19:43,520
they're not going to be here for
the holidays.
1464
01:19:43,520 --> 01:19:45,600
So we have to.
We're taking them with them.
1465
01:19:45,840 --> 01:19:48,360
That's a lot to ask people over
the holidays, like, yes.
1466
01:19:48,360 --> 01:19:51,520
Hey, do you mind walking my dogs
and feeding them every day and
1467
01:19:51,520 --> 01:19:53,680
stuff?
Don't you live on a bunch of
1468
01:19:53,680 --> 01:19:55,440
land though?
Can't you just let them loose
1469
01:19:55,440 --> 01:19:57,000
and they can go out and?
Well, that's what they do.
1470
01:19:57,000 --> 01:19:59,680
And the people that watch us
watch them are actually they
1471
01:19:59,680 --> 01:20:02,760
live on in our guest house on
our property and they also have
1472
01:20:02,760 --> 01:20:04,520
a dog.
So it's kind of a back and
1473
01:20:04,520 --> 01:20:05,760
forth.
So it wouldn't be a huge deal
1474
01:20:05,760 --> 01:20:06,800
for them if they were.
Around.
1475
01:20:06,800 --> 01:20:11,840
But yeah, they're going away.
Yeah, they were probably like,
1476
01:20:11,880 --> 01:20:13,240
you know, we were going to ask
you.
1477
01:20:17,440 --> 01:20:19,680
So yeah, I mean, that's fine.
I'm.
1478
01:20:19,680 --> 01:20:23,600
I'm actually boring as hell
staying at home and having a
1479
01:20:23,600 --> 01:20:25,880
whole bunch of family over.
So we're cooking up a storm.
1480
01:20:25,880 --> 01:20:30,120
And today I was dumb enough to
go two days before Christmas to
1481
01:20:30,520 --> 01:20:34,160
Costco and Trader Joe's, both in
the same morning.
1482
01:20:34,520 --> 01:20:37,560
And I got to tell you, I don't
know if it's a sign of the
1483
01:20:37,560 --> 01:20:41,400
economy or locker.
I don't know what the hell it
1484
01:20:41,400 --> 01:20:43,320
is, but there was nobody there.
It was pretty damning.
1485
01:20:44,120 --> 01:20:46,640
I think luck, you know you're
before the weekend, you were
1486
01:20:46,640 --> 01:20:50,120
smart to get in early and and do
it before Saturday.
1487
01:20:50,440 --> 01:20:53,120
Yeah, I know there's a lot of
people listening right now that
1488
01:20:53,120 --> 01:20:55,760
probably wouldn't accuse me of
being smart, having done that,
1489
01:20:55,760 --> 01:20:59,920
but I think I just got lucky.
I think I picked the right time
1490
01:20:59,920 --> 01:21:02,920
and and got in, got out, and it
was super easy.
1491
01:21:02,920 --> 01:21:04,320
It was crazy.
I was like.
1492
01:21:04,480 --> 01:21:06,280
Must have been Karen's doing.
Certainly wasn't.
1493
01:21:06,280 --> 01:21:08,560
Yours.
I think so, because like even
1494
01:21:08,720 --> 01:21:11,080
you know Costco.
Like, how often?
1495
01:21:11,520 --> 01:21:13,960
I don't know if you go to
Costco, but how often do you go
1496
01:21:13,960 --> 01:21:17,640
in, get all your stuff and then
walk straight up to an empty
1497
01:21:17,960 --> 01:21:23,640
cashier and you're like we were
parked in, got our stuff, got
1498
01:21:23,640 --> 01:21:27,560
out in 15 minutes?
Although I I do sometimes kind
1499
01:21:27,560 --> 01:21:30,520
of play a a game when I go to
Costco, I make it a goal to see
1500
01:21:30,520 --> 01:21:33,480
how few items I can actually
leave with, and it usually is
1501
01:21:33,480 --> 01:21:36,320
way more than I intended but it.
Always is, yeah.
1502
01:21:36,320 --> 01:21:39,120
Like I go in for toilet paper
and come out with home theater
1503
01:21:39,120 --> 01:21:40,520
seating or.
Or.
1504
01:21:40,560 --> 01:21:42,960
A washer and dryer or something,
you know?
1505
01:21:43,000 --> 01:21:46,200
It's like, why do I have all
this stuff, you know?
1506
01:21:46,480 --> 01:21:51,200
A million bananas and yeah.
Right, enough bananas for a
1507
01:21:51,200 --> 01:21:52,880
village.
Yeah, I know.
1508
01:21:52,880 --> 01:21:54,800
It's, it's crazy, but it's
tempting.
1509
01:21:54,800 --> 01:21:56,560
I mean, everything looks
appealing.
1510
01:21:56,560 --> 01:21:59,080
The one that's getting me these
days, and we talked about this
1511
01:21:59,080 --> 01:22:02,800
earlier, but the televisions, I
mean, the televisions are just
1512
01:22:03,240 --> 01:22:05,600
out of control now.
Like, it's crazy.
1513
01:22:05,600 --> 01:22:09,080
Like I walk in and right as you
walk in the door and trust me, I
1514
01:22:09,080 --> 01:22:13,360
have enough TVSI don't need any.
But you see this like 85 inch
1515
01:22:13,440 --> 01:22:16,320
OLED TV for like 3 grand or
something.
1516
01:22:16,320 --> 01:22:18,000
And I'm going.
What?
1517
01:22:18,400 --> 01:22:22,200
Like, I need that thing so bad,
you know, I got to have it.
1518
01:22:22,520 --> 01:22:23,880
I got no.
Place makes you Makes you
1519
01:22:23,880 --> 01:22:25,960
question why you need an LED
wall in the industry.
1520
01:22:25,960 --> 01:22:28,320
No, not really.
I just made a bunch of people
1521
01:22:28,320 --> 01:22:28,800
cringe.
Well.
1522
01:22:29,720 --> 01:22:33,600
Pretty pretty soon LG is going
to have you know, TV's that are
1523
01:22:33,600 --> 01:22:37,000
as big as LED walls, I guess.
I don't know, they just keep
1524
01:22:37,000 --> 01:22:39,800
getting bigger and nicer and
like these OLED screens.
1525
01:22:39,800 --> 01:22:42,520
The pictures amazing and it's
like 3 grand and then you can
1526
01:22:42,520 --> 01:22:48,960
get like I think I saw a 75 inch
today for 599, a 75 inch
1527
01:22:49,000 --> 01:22:50,120
television.
Pretty crazy.
1528
01:22:50,560 --> 01:22:52,600
I mean, at some point you run
into the limitation of like,
1529
01:22:52,600 --> 01:22:54,640
just what can you fit in a car
or in your door?
1530
01:22:54,640 --> 01:22:57,840
So then you get a consumer
version of an LED wall.
1531
01:22:57,840 --> 01:23:00,360
You just get, you know, a
seamless monitor that comes in a
1532
01:23:00,360 --> 01:23:04,320
box that's, you know, 18 by 18
and it's got 20 panels in it.
1533
01:23:04,960 --> 01:23:07,800
Yeah, I mean, and then maybe
they're just gonna roll up like,
1534
01:23:07,840 --> 01:23:11,080
you know, wrapping paper and you
can just roll the thing out onto
1535
01:23:11,120 --> 01:23:12,920
a wall and you've got a I've
seen.
1536
01:23:12,920 --> 01:23:16,440
That actually that it is like a,
it's a, it's a flexible thing
1537
01:23:16,480 --> 01:23:20,120
it's you know it was a, it was a
like a test product R&D type
1538
01:23:20,120 --> 01:23:23,480
deal but.
I remember LG had something that
1539
01:23:23,480 --> 01:23:30,120
they called something Wall, but
they were just using it for
1540
01:23:30,120 --> 01:23:32,360
photographs.
It was like it was like a a
1541
01:23:32,360 --> 01:23:39,440
photo frame thing, but it was it
was like 2 or 3mm thick and like
1542
01:23:39,600 --> 01:23:42,480
unbelievable resolution.
Just a beautiful, beautiful
1543
01:23:42,480 --> 01:23:43,880
picture.
Like I was looking at it going,
1544
01:23:43,880 --> 01:23:47,080
Oh my God, like beautiful.
Ridiculous.
1545
01:23:47,080 --> 01:23:49,160
It's like the wallpaper, that's
an LED light.
1546
01:23:49,160 --> 01:23:51,440
It's like a big OLED LED
fixture.
1547
01:23:51,840 --> 01:23:53,960
Yeah, yeah, that's cool.
I.
1548
01:23:54,600 --> 01:23:57,400
Don't know why you want your
whole wall to glow, but maybe.
1549
01:23:57,880 --> 01:24:00,760
Well, why not?
I guess cuz you can you can see
1550
01:24:00,800 --> 01:24:02,760
it.
I could see a ceiling doing it.
1551
01:24:02,760 --> 01:24:05,280
That would make more sense, but
you just walk in and staring at
1552
01:24:05,280 --> 01:24:07,120
light seems painful.
Yeah.
1553
01:24:07,680 --> 01:24:10,400
Hey, you know, we haven't really
spoken and certainly haven't
1554
01:24:10,400 --> 01:24:13,600
spoken on a podcast about your.
I know you were at LDI, I
1555
01:24:13,600 --> 01:24:16,680
wasn't.
What do you think were like a
1556
01:24:16,680 --> 01:24:18,440
couple of the hot products at
the show?
1557
01:24:20,240 --> 01:24:22,560
That's interesting.
I was only there for a short
1558
01:24:22,560 --> 01:24:25,440
period and I had several
meetings and stuff.
1559
01:24:25,440 --> 01:24:28,160
So I I definitely walked the
floor and I saw some things I
1560
01:24:28,160 --> 01:24:31,320
didn't get, like full deep demos
on some of the things that I
1561
01:24:31,320 --> 01:24:34,960
would have liked to have seen.
But the stuff that I did see
1562
01:24:34,960 --> 01:24:41,680
that caught my eye was #1 Clay.
Paki has a new, I think they
1563
01:24:41,680 --> 01:24:42,920
call it.
I'm trying to remember the name.
1564
01:24:42,920 --> 01:24:46,360
It's MIDI Bee or something like
that, but it's a it's like a
1565
01:24:46,360 --> 01:24:49,160
miniature profile moving head or
a spot.
1566
01:24:49,160 --> 01:24:50,560
I don't think it has shutters,
but it's a mini.
1567
01:24:50,720 --> 01:24:54,320
It's a mini spot, but it's
literally, it weighs 18 lbs and
1568
01:24:54,320 --> 01:24:56,800
it's like not the size of your
laptop.
1569
01:24:58,080 --> 01:25:01,320
It's itty bitty, but it was it
was bright and it was actually a
1570
01:25:01,320 --> 01:25:05,240
good quality of light and had
some interesting features behind
1571
01:25:05,240 --> 01:25:06,240
it.
I have no idea what the price
1572
01:25:06,240 --> 01:25:08,160
point is, but that was
interesting.
1573
01:25:08,240 --> 01:25:10,160
Obviously that's not going to
have a lot of place other than
1574
01:25:10,160 --> 01:25:12,800
maybe some scenic things in like
a rock'n'roll environment.
1575
01:25:12,840 --> 01:25:13,320
I don't.
Know.
1576
01:25:13,440 --> 01:25:16,280
Certainly that that's.
A trend right now, that's a
1577
01:25:16,280 --> 01:25:20,800
trend right now the smaller size
and and I kept hearing this
1578
01:25:20,800 --> 01:25:24,920
thing of of like lumens per
pound or something Oh.
1579
01:25:25,000 --> 01:25:27,960
That's an interesting metric.
Lightweight is the other big one
1580
01:25:27,960 --> 01:25:30,120
right now.
Like you said, that one's 18 lbs
1581
01:25:30,120 --> 01:25:33,920
and that Mac one is like what is
it 10 lbs or something?
1582
01:25:34,360 --> 01:25:37,000
Yeah, something like that.
That obviously was a hit of the
1583
01:25:37,000 --> 01:25:38,800
show, you know for for good
reason.
1584
01:25:38,800 --> 01:25:41,320
It's a really good looking
fixture and it it definitely is
1585
01:25:41,320 --> 01:25:43,920
going to take the place of what
the Mac or used to, you know,
1586
01:25:43,920 --> 01:25:45,000
it's got the, for now lens on
it.
1587
01:25:45,000 --> 01:25:46,960
It looks really good, the lights
good, it's pretty bright.
1588
01:25:47,440 --> 01:25:49,680
Yeah, it's got.
Different configurations, A
1589
01:25:49,760 --> 01:25:50,680
couple.
Grand.
1590
01:25:51,320 --> 01:25:55,080
Yeah, yeah, I think dealer is 15
or 1600 or something like that.
1591
01:25:56,160 --> 01:26:02,680
Yeah, sorry, it's cheap.
But you know, it's those were
1592
01:26:02,680 --> 01:26:05,240
interesting.
Another one that I thought was
1593
01:26:05,240 --> 01:26:07,520
interesting that I tried to find
but I didn't actually see in
1594
01:26:07,520 --> 01:26:09,880
person.
Corey Easterbrook told me that
1595
01:26:09,880 --> 01:26:12,960
there are a couple of fixtures
out now that have electronic
1596
01:26:12,960 --> 01:26:16,520
Frost, that there's some Acme
fixtures that have it and Chavez
1597
01:26:16,520 --> 01:26:21,080
fixtures that have it and it's
the same tech behind like the
1598
01:26:21,080 --> 01:26:23,520
window frost.
Where you turn it on and they.
1599
01:26:23,520 --> 01:26:24,920
Say like transparent or
whatever.
1600
01:26:25,160 --> 01:26:27,120
Yeah.
So it's like a variable frost
1601
01:26:27,320 --> 01:26:30,440
that's electronically controlled
rather than having a disk or
1602
01:26:30,440 --> 01:26:32,640
anything.
So I really wanted to see that,
1603
01:26:32,680 --> 01:26:35,800
but it was like by the time I
learned that, it was, you know,
1604
01:26:36,160 --> 01:26:39,240
hour 27 of the of the last day,
so.
1605
01:26:39,640 --> 01:26:43,120
I don't even want to have to
look into that.
1606
01:26:43,160 --> 01:26:44,880
Yeah, I know it's a pretty
interesting idea.
1607
01:26:45,200 --> 01:26:49,920
Whether or not it's reliable and
has good image optics is another
1608
01:26:49,920 --> 01:26:52,680
question and obviously open to
opinion, but it's a cool idea
1609
01:26:52,680 --> 01:26:54,440
and certainly could open the
doors to a lot of things.
1610
01:26:54,560 --> 01:26:57,600
Well, the good news is that
technology must be coming down
1611
01:26:57,600 --> 01:27:01,040
in cost then, because I know I
looked at it one time for a
1612
01:27:01,040 --> 01:27:05,400
conference room.
And I mean, it was ridiculously
1613
01:27:05,400 --> 01:27:08,840
expensive.
It was like obscene cost, right?
1614
01:27:08,840 --> 01:27:11,440
And obviously variable frost in
a fixture, we're talking about
1615
01:27:11,440 --> 01:27:12,240
a.
A piece of.
1616
01:27:12,240 --> 01:27:14,720
Glass that might be that big or
whatever, but still the.
1617
01:27:14,720 --> 01:27:17,120
Controller is probably more
expensive than the the actual
1618
01:27:17,120 --> 01:27:20,440
diffusion part.
But I mean, think of what it
1619
01:27:20,440 --> 01:27:23,520
would do for, you know,
obviously the window covering
1620
01:27:23,520 --> 01:27:26,560
industry would be screwed
because nobody would buy blinds
1621
01:27:26,560 --> 01:27:30,240
anymore before.
Or you know any of those things.
1622
01:27:30,240 --> 01:27:33,760
Blinds, drapes, you know,
whatever you call the roll down
1623
01:27:33,760 --> 01:27:36,160
shades, you know that would go
away.
1624
01:27:36,280 --> 01:27:37,480
You don't need it.
That's cool.
1625
01:27:37,480 --> 01:27:39,360
I I didn't hear about that one.
I'm gonna have to check that
1626
01:27:39,360 --> 01:27:40,680
out.
Yeah.
1627
01:27:41,080 --> 01:27:44,280
Yeah, I'm curious to see it in
person at some point, although I
1628
01:27:44,280 --> 01:27:46,680
don't really get fixture demos
cuz I don't work at a rental
1629
01:27:46,680 --> 01:27:49,000
company anymore.
So yeah, I'll have to make a
1630
01:27:49,000 --> 01:27:50,880
point to.
Do that, Yeah, we don't.
1631
01:27:50,880 --> 01:27:52,560
We don't often get to touch
fixtures.
1632
01:27:52,560 --> 01:27:57,600
They just kinda magically fly
through this software of ours.
1633
01:27:58,240 --> 01:28:00,520
So.
Speaking of which I've actually,
1634
01:28:00,520 --> 01:28:03,560
this is an interesting and
unique episode that we're doing
1635
01:28:03,560 --> 01:28:05,640
where we've got all of our
sponsors on one episode.
1636
01:28:05,640 --> 01:28:09,120
So we can't sit here and talk
for an hour because it's going
1637
01:28:09,120 --> 01:28:11,200
to then be 10 hours long or
something.
1638
01:28:11,920 --> 01:28:19,960
So Speaking of 2023 specifically
this year, do you think that
1639
01:28:19,960 --> 01:28:25,080
overall the year was better than
expected, worse than expected or
1640
01:28:25,080 --> 01:28:27,440
as expected.
So a year ago you were sitting
1641
01:28:27,440 --> 01:28:29,320
thinking what's next year going
to look like?
1642
01:28:29,600 --> 01:28:32,880
And I don't necessarily mean
gear source specifically, I mean
1643
01:28:34,040 --> 01:28:36,760
could be the used market, the
used equipment market, the
1644
01:28:36,760 --> 01:28:39,840
availability of used gear,
pricing on used gear, etcetera.
1645
01:28:40,960 --> 01:28:44,880
So what do you think?
Well, you know, when I think
1646
01:28:44,880 --> 01:28:48,640
about that, I think about sort
of what the craziness of 2022
1647
01:28:48,640 --> 01:28:53,040
was and the insanity of what was
going on with supply and demand
1648
01:28:53,040 --> 01:28:57,240
and with, you know, the shows
happening at any time of year on
1649
01:28:57,240 --> 01:29:00,480
top of each other, 27 at a time,
because everybody was trying to
1650
01:29:00,480 --> 01:29:04,800
get back from COVID.
So I feel like 2023 really
1651
01:29:04,800 --> 01:29:08,200
relaxed out of that some and the
second-half of the year started
1652
01:29:08,200 --> 01:29:11,800
to normalize and get back to
sort of the typical cadence of
1653
01:29:11,800 --> 01:29:13,880
the industry, at least from what
I saw.
1654
01:29:14,520 --> 01:29:18,080
And I think that's a good
expectation for 2024 and beyond
1655
01:29:18,720 --> 01:29:21,840
is that we will get back to a
lot of those sort of more normal
1656
01:29:21,840 --> 01:29:24,560
calendars and more normal
schedules.
1657
01:29:24,880 --> 01:29:26,600
Certainly business was still
good.
1658
01:29:26,600 --> 01:29:29,360
I've heard from many people that
you know they had killer years
1659
01:29:29,360 --> 01:29:33,520
and excuse me did did some
pretty amazing numbers on things
1660
01:29:33,920 --> 01:29:37,160
in the used gear market
specifically because of that
1661
01:29:37,360 --> 01:29:39,200
normalization of supply and
demand.
1662
01:29:39,200 --> 01:29:42,360
We really saw an uptick.
You know, coming out of COVID, a
1663
01:29:42,360 --> 01:29:44,040
lot of people have the
assumption that the used gear
1664
01:29:44,040 --> 01:29:47,160
market was killing it because of
the opportunity and the
1665
01:29:47,160 --> 01:29:49,560
potential during COVID and
shortly after, but.
1666
01:29:49,760 --> 01:29:51,600
Isn't it funny how that happens
though, Brad?
1667
01:29:51,600 --> 01:29:54,840
Like, you know, people like I
remember last year, even in
1668
01:29:54,840 --> 01:29:58,200
2021, people like, Oh my God,
you're in such a perfect place.
1669
01:29:58,200 --> 01:30:01,520
But the problem with our
business or our industry, our
1670
01:30:01,520 --> 01:30:06,160
part of the industry is that it
is supply and demand and we
1671
01:30:06,160 --> 01:30:08,920
always have those at the wrong
time.
1672
01:30:08,920 --> 01:30:13,120
So we've got loads of supply and
no demand which was COVID 2020
1673
01:30:13,680 --> 01:30:16,400
and then we've got loads of
demand and no supply which was
1674
01:30:16,400 --> 01:30:19,920
2021.
And then you know 2022 kind of
1675
01:30:19,920 --> 01:30:22,360
was still crazy, but it
normalized a little bit where we
1676
01:30:22,360 --> 01:30:26,280
had some supply and some demand
and did OK.
1677
01:30:26,760 --> 01:30:31,400
And and then this year the
demand, well, I don't know you
1678
01:30:31,400 --> 01:30:34,040
might have been ready to say
this, but the demand seemed to
1679
01:30:34,040 --> 01:30:37,800
go down a little bit because the
supply went up so much on the
1680
01:30:37,800 --> 01:30:40,240
supplier side, on the new gear
side.
1681
01:30:41,040 --> 01:30:43,160
Yeah.
Well, I I would say, I wouldn't
1682
01:30:43,160 --> 01:30:47,360
say that it went up so much that
or the demand went way down that
1683
01:30:47,360 --> 01:30:49,120
it was like below expected
levels.
1684
01:30:49,120 --> 01:30:52,440
I would say that it went down to
the norm right towards what you
1685
01:30:52,440 --> 01:30:55,680
would typically see. 20/22 was
nuts.
1686
01:30:55,680 --> 01:30:57,800
Everybody was trying to get
everything because you couldn't.
1687
01:30:58,120 --> 01:31:00,160
So the demand was, you know,
through the roof.
1688
01:31:00,160 --> 01:31:03,400
But 2023 really brought that
back to reasonable levels and
1689
01:31:03,400 --> 01:31:08,000
people were making more I'll say
intentional purchases and maybe
1690
01:31:08,000 --> 01:31:12,560
more thoughtful purchases rather
than just like send money, give
1691
01:31:12,560 --> 01:31:15,000
me light, I don't care what it
is.
1692
01:31:16,480 --> 01:31:18,720
You know it was it was more
intentional and it was more
1693
01:31:18,720 --> 01:31:21,320
methodical.
We did see some prices normalize
1694
01:31:21,320 --> 01:31:25,080
on things as well.
So like, you know, the CL5 that
1695
01:31:25,080 --> 01:31:30,280
was so crazy through all of
COVID plus the DM Seven came out
1696
01:31:30,280 --> 01:31:34,200
and that kind of killed the, the
extreme pricing on CL5.
1697
01:31:35,280 --> 01:31:37,680
Yeah, now it's. 40%, it's down
back.
1698
01:31:37,680 --> 01:31:41,600
To you know 20 to 30 grand for
ACL 5, which is much more where
1699
01:31:41,600 --> 01:31:44,680
you would expect it to be rather
than the 45 or whatever it was
1700
01:31:44,680 --> 01:31:48,840
for a couple of years.
Yeah, I think you know business
1701
01:31:48,840 --> 01:31:50,720
was strong.
There's a lot of potential in
1702
01:31:50,880 --> 01:31:54,640
what things are doing, but it's
more back to predictable
1703
01:31:55,200 --> 01:31:58,600
valuations and predictable
needs, which is really what you
1704
01:31:58,600 --> 01:32:00,760
need for, you know, a healthy
business and healthy growth
1705
01:32:00,760 --> 01:32:04,400
within an industry.
So your expectations for 2024
1706
01:32:04,480 --> 01:32:12,000
again growth drop or stay flat?
I think it's going to grow on
1707
01:32:12,000 --> 01:32:14,920
the equipment side of the
industry and I think that that's
1708
01:32:14,920 --> 01:32:19,800
driven largely by two things.
So number one is again with that
1709
01:32:19,800 --> 01:32:23,480
sort of thoughtful purchasing
plan that people are going to
1710
01:32:23,480 --> 01:32:26,320
make more investments rather
than just grab whatever they
1711
01:32:26,320 --> 01:32:28,240
possibly can because they have
to have it.
1712
01:32:28,440 --> 01:32:32,640
So you're going to see more
people going back more to, you
1713
01:32:32,640 --> 01:32:36,960
know, large volume purchases
where they can or making really
1714
01:32:36,960 --> 01:32:39,680
strategic decisions about what
equipment they're purchasing.
1715
01:32:39,880 --> 01:32:42,760
But with some of that on the
used gear market comes with, OK,
1716
01:32:42,960 --> 01:32:45,920
more thought into when can I get
used, when does it make sense to
1717
01:32:45,920 --> 01:32:49,360
get used, not just I have to buy
used because I can't get new.
1718
01:32:49,360 --> 01:32:52,080
Yeah, Yeah, exactly.
So I think that's going to come.
1719
01:32:52,560 --> 01:32:54,520
It's funny you say that.
Because I've spoken to lots of
1720
01:32:54,520 --> 01:32:58,320
manufacturers who say one of the
cool things that COVID did is it
1721
01:32:58,320 --> 01:33:01,800
made people plan more.
Which means that manufacturers
1722
01:33:01,800 --> 01:33:05,400
didn't necessarily have to just
have all the inventory in the
1723
01:33:05,400 --> 01:33:08,760
world all the time, just in case
somebody got a show, right?
1724
01:33:08,760 --> 01:33:12,160
Like there were actually
forecasts being delivered and
1725
01:33:12,160 --> 01:33:14,200
things like that.
Like, hey, we're gonna need this
1726
01:33:14,200 --> 01:33:17,880
many in Q1, this many in Q2.
And of course, there's always
1727
01:33:17,880 --> 01:33:21,400
the emergency buy or whatever,
but for the most part it got
1728
01:33:21,400 --> 01:33:24,200
much more organized over the
past couple of years as a
1729
01:33:24,200 --> 01:33:26,880
result.
Yeah, we'll see if that sticks.
1730
01:33:26,880 --> 01:33:30,000
You know, that's always the if
you if you let people off the
1731
01:33:30,000 --> 01:33:32,840
leash, then they they will go
back to old bad habits.
1732
01:33:32,840 --> 01:33:34,680
So it's true.
Hopefully it stays that way.
1733
01:33:34,680 --> 01:33:41,360
But yeah, it's certainly a perk.
So give me, give me a a big 2024
1734
01:33:41,360 --> 01:33:45,000
prediction and and you know,
pick the, pick the category,
1735
01:33:45,000 --> 01:33:48,760
pick the the, whatever you want.
But it could be a product trend
1736
01:33:48,760 --> 01:33:53,320
to market trend, a Beatles
reunion tour, you know, give me
1737
01:33:53,320 --> 01:33:55,520
a big prediction.
Sure.
1738
01:33:55,520 --> 01:33:58,000
Well, I'm a lighting guy, so
I'll, I'll keep it in the
1739
01:33:58,000 --> 01:33:59,800
lighting world because that's
what I actually know about and
1740
01:33:59,800 --> 01:34:04,640
don't just make things up with.
But I think what we've seen
1741
01:34:04,640 --> 01:34:07,880
since the the launch of really
the Stelos.
1742
01:34:07,880 --> 01:34:11,760
But last year the success of the
Cobra, the Cobra fixture from
1743
01:34:11,760 --> 01:34:15,840
Ericsson and for anybody who
doesn't know, those are both RGB
1744
01:34:15,840 --> 01:34:20,400
laser sourced fixtures.
And while there are some
1745
01:34:20,400 --> 01:34:23,480
challenges specifically in the
US around variances for those
1746
01:34:23,480 --> 01:34:27,800
things, as I understand it, the
Cobra just was an absolute
1747
01:34:27,840 --> 01:34:31,120
killer deal for Airton and one
of the best selling fixtures
1748
01:34:31,120 --> 01:34:34,160
they've ever had even with the
challenges within the US.
1749
01:34:34,160 --> 01:34:39,600
So I think that trend is going
to start to push into other
1750
01:34:39,600 --> 01:34:41,720
manufacturers.
You know, we've seen the IP
1751
01:34:41,720 --> 01:34:44,000
trend that's happened over the
last three or four years that
1752
01:34:44,320 --> 01:34:47,040
basically everybody has a
complete IP portfolio.
1753
01:34:47,440 --> 01:34:50,880
But I think we're now starting
to see the viability and the
1754
01:34:50,880 --> 01:34:55,160
market adoption for the next
thing past LED and I I think
1755
01:34:55,160 --> 01:34:58,640
it's going to be lasers like it.
It has to be in in my mind at
1756
01:34:58,640 --> 01:35:00,240
least.
Yeah.
1757
01:35:00,240 --> 01:35:03,680
And you know, I think maybe our
industry needs to rally together
1758
01:35:03,680 --> 01:35:06,800
a little bit, just like with
COVID, when Strickland always
1759
01:35:06,800 --> 01:35:10,160
said the problem is instead of a
big battleship, we're pulling up
1760
01:35:10,160 --> 01:35:13,000
to Congress in a bunch of 100
canoes, right.
1761
01:35:13,560 --> 01:35:16,040
And it's the same problem when
you get to something like this
1762
01:35:16,040 --> 01:35:19,640
variance, you know, hey, we want
to, we want to somehow lobby the
1763
01:35:19,640 --> 01:35:23,360
FDA to get rid of this crazy
variance in in the US that
1764
01:35:23,360 --> 01:35:25,680
shouldn't be there.
Because it's not like we're, you
1765
01:35:25,680 --> 01:35:28,800
know, taking lasers that are
cutting people's arms off and
1766
01:35:28,800 --> 01:35:31,200
stuff and aiming them at people
like weapons.
1767
01:35:32,520 --> 01:35:34,080
You know, these are safe
fixtures.
1768
01:35:34,080 --> 01:35:36,680
They're they're no less safe
than any of the other lighting
1769
01:35:36,680 --> 01:35:39,480
fixtures that we're selling.
And in some cases, a Sharpie is
1770
01:35:39,480 --> 01:35:42,520
more dangerous than any of the
laser fixtures out there.
1771
01:35:43,240 --> 01:35:45,640
Well, and until this became a
thing, it was never a need to
1772
01:35:45,640 --> 01:35:48,400
have that conversation, right?
So it's not a surprise that it
1773
01:35:48,400 --> 01:35:51,240
never happened because there was
no, no reason, right?
1774
01:35:51,280 --> 01:35:53,320
Laser projectors aren't pointing
at people.
1775
01:35:53,320 --> 01:35:55,040
They're pointing at a wall, or
at a screen, or.
1776
01:35:55,040 --> 01:35:56,960
You certainly could.
There's no law against it.
1777
01:35:57,520 --> 01:35:58,720
Yeah, yeah.
You know, that's.
1778
01:35:58,920 --> 01:36:01,760
That's true.
You can scan an an audience with
1779
01:36:01,760 --> 01:36:06,360
A25K laser or a laser video
projector and nobody goes to
1780
01:36:06,360 --> 01:36:07,600
jail.
Nobody gets fined.
1781
01:36:07,600 --> 01:36:10,360
You know so.
Yeah, it's.
1782
01:36:10,400 --> 01:36:12,200
It's.
Goofy, and it needs to be fixed.
1783
01:36:12,200 --> 01:36:15,520
But I think it's going to take
more than just Clay Paki, more
1784
01:36:15,520 --> 01:36:18,880
than just Ayrton.
It's going to take the industry
1785
01:36:18,880 --> 01:36:22,480
sort of getting together and
maybe hiring a lobbyist and and
1786
01:36:22,480 --> 01:36:25,880
getting in there and and getting
it changed.
1787
01:36:25,880 --> 01:36:27,760
It's probably something that
nobody's looking at because
1788
01:36:27,760 --> 01:36:29,240
nobody screamed loud enough,
right?
1789
01:36:29,560 --> 01:36:32,120
Yeah.
Well, as I understand it today,
1790
01:36:32,120 --> 01:36:35,800
to buy any of those fixtures in
the US now, so originally it was
1791
01:36:35,800 --> 01:36:38,480
like you couldn't buy them, you
had to, you had to demo them and
1792
01:36:38,480 --> 01:36:40,600
then there had to be a factory
representative or whatever.
1793
01:36:40,600 --> 01:36:43,720
So they got around those things.
But now as I understand it, to
1794
01:36:43,720 --> 01:36:48,000
purchase you have to have gone
through the certification to
1795
01:36:48,000 --> 01:36:50,720
hold a variance and you have to
take a safety test kind of
1796
01:36:50,720 --> 01:36:54,200
thing.
So it's like a permit basically.
1797
01:36:54,440 --> 01:36:58,560
And then in order to have a
legal transaction as a seller,
1798
01:36:58,560 --> 01:37:01,120
you have to show proof that the
buyer has those things.
1799
01:37:01,360 --> 01:37:04,000
How you report those, I don't
know who you know who's who's
1800
01:37:04,000 --> 01:37:05,480
overseeing that, but.
Yeah.
1801
01:37:06,040 --> 01:37:09,160
Well, and the challenge for
these manufacturers is, yeah,
1802
01:37:09,160 --> 01:37:11,640
they can sell them in Europe,
but the problem is the US is
1803
01:37:11,640 --> 01:37:15,000
more than 50% of the market for
most of these companies.
1804
01:37:15,000 --> 01:37:17,600
So you know, Europe ain't going
to cut it.
1805
01:37:17,600 --> 01:37:20,080
Like even if it's a really
successful Ayrton fixture
1806
01:37:20,080 --> 01:37:23,720
selling it in Europe to make it
viable as a line of product like
1807
01:37:23,720 --> 01:37:27,640
what Klaypaki have built.
Claypacky's a smaller company
1808
01:37:27,640 --> 01:37:32,080
and and they can probably get by
having a full line like that.
1809
01:37:32,160 --> 01:37:34,960
That Skylos thing I think is
kind of cool.
1810
01:37:34,960 --> 01:37:36,680
I don't know if it's bright
enough, I haven't seen one in
1811
01:37:36,680 --> 01:37:41,320
person, but and then they've got
the mini Stelos that somebody we
1812
01:37:41,320 --> 01:37:45,840
talked about the Stelos and the
variances on a podcast recently
1813
01:37:46,120 --> 01:37:50,960
and the Claypacky distributor
from Canada sent me a message on
1814
01:37:50,960 --> 01:37:53,360
on Facebook or something and
said hey Marcel, just to
1815
01:37:53,360 --> 01:37:58,680
clarify, yeah, in Canada we
don't need variances, but for
1816
01:37:58,680 --> 01:38:01,720
the US we have this, I think
it's called a mini Stelos or
1817
01:38:01,720 --> 01:38:06,040
something and it comes in below
the the requirements.
1818
01:38:06,040 --> 01:38:09,200
So even though it's a laser
fixture, you don't have to have
1819
01:38:09,200 --> 01:38:11,760
a a variance, but I don't know
how bright that is.
1820
01:38:11,760 --> 01:38:14,400
Like I know the number used to
be 4.9 milliwatts.
1821
01:38:14,400 --> 01:38:17,920
I'm sure you don't have a 4.9
milliwatt laser in that thing,
1822
01:38:17,920 --> 01:38:19,440
cuz that would suck.
Yeah, I know.
1823
01:38:19,600 --> 01:38:22,000
I I have no idea what it is.
I mean, I've seen that that
1824
01:38:22,000 --> 01:38:24,800
fixture, just the body of it,
it's it's pretty small, it's
1825
01:38:24,800 --> 01:38:28,080
smaller than a Sharpie.
So I don't.
1826
01:38:28,080 --> 01:38:30,520
I have no idea what it does in
terms of power or features, any
1827
01:38:30,520 --> 01:38:33,200
of that stuff.
Yeah, well, that's a that's a
1828
01:38:33,200 --> 01:38:37,600
bold prediction, I must say.
I probably don't agree with you.
1829
01:38:37,600 --> 01:38:41,040
Yeah, I think.
It might be a bit premature, I
1830
01:38:41,040 --> 01:38:42,400
think.
Yeah, people are gonna start to
1831
01:38:42,400 --> 01:38:46,480
plan for it now five years, but
then look in 2025 or 2026,
1832
01:38:46,480 --> 01:38:48,480
that's gonna be sort of the next
week's step.
1833
01:38:48,800 --> 01:38:51,440
No, I think it, I think it
absolutely should happen.
1834
01:38:51,440 --> 01:38:54,320
It's a beautiful light source
and I think it's got a place
1835
01:38:54,720 --> 01:38:57,320
and, but I think they have to
get around the variance first
1836
01:38:57,320 --> 01:39:00,560
and that's gonna take a couple
of years, I think potentially.
1837
01:39:00,640 --> 01:39:02,440
So I don't know, maybe
somebody's working on it and I'm
1838
01:39:02,440 --> 01:39:05,240
going to get another correction
via e-mail or something saying,
1839
01:39:05,600 --> 01:39:08,120
you know, hey Marcel, you idiot,
the variance is being dropped
1840
01:39:08,120 --> 01:39:10,760
next week, you know?
So it'll it'll be Michael
1841
01:39:10,760 --> 01:39:12,840
Strickland's new new side
project.
1842
01:39:12,920 --> 01:39:15,960
Yeah, and so I've got a bonus
question for you.
1843
01:39:16,240 --> 01:39:22,440
Who would you like to see us
bring on geezers of gear besides
1844
01:39:22,440 --> 01:39:25,000
you or your dogs or?
Right.
1845
01:39:25,000 --> 01:39:27,680
Well, you've had so many people
it's hard to keep track, but.
1846
01:39:27,760 --> 01:39:30,840
We have a few.
Have you ever had?
1847
01:39:31,040 --> 01:39:34,600
Now I'm blanking on his name.
Richard.
1848
01:39:34,640 --> 01:39:39,120
High End, Richard.
Bellevue, yeah.
1849
01:39:39,120 --> 01:39:40,000
You know what?
Yeah, Richard.
1850
01:39:40,000 --> 01:39:42,200
Bill.
It's a good reminder because
1851
01:39:42,560 --> 01:39:45,760
I've talked to Richard so many
times about coming on and he was
1852
01:39:45,760 --> 01:39:51,440
involved in some legal
discussions and didn't want to
1853
01:39:51,440 --> 01:39:54,520
come on a podcast cuz he wants
to be able to speak openly and
1854
01:39:54,600 --> 01:39:57,640
honestly and everything else.
But I would think that he's
1855
01:39:57,640 --> 01:40:01,360
through all of that now.
So that's a that's a great Sarah
1856
01:40:02,640 --> 01:40:04,800
noted.
You know we gotta get, we gotta
1857
01:40:04,800 --> 01:40:07,760
get with Richard Bellevue.
He'd be an amazing guest,
1858
01:40:07,760 --> 01:40:10,520
actually one of the smartest
products.
1859
01:40:10,520 --> 01:40:13,520
He's got so much insight to
things and and was so involved
1860
01:40:13,520 --> 01:40:16,600
in the history of how lighting
became what it is today.
1861
01:40:16,720 --> 01:40:20,400
Yeah, yeah, you know, another
one along that same vein, but
1862
01:40:20,560 --> 01:40:24,080
younger and and fresher or newer
in the industry or whatever you
1863
01:40:24,080 --> 01:40:27,160
wanna call it, is Matthias from
from Elation.
1864
01:40:27,160 --> 01:40:29,720
And I've spoken with Matthias.
He promises he's gonna do it.
1865
01:40:30,000 --> 01:40:32,840
He's just, he's always busy.
They keep launching frigging new
1866
01:40:32,840 --> 01:40:36,280
fixtures over there at Elation.
So yeah, yeah.
1867
01:40:36,440 --> 01:40:38,200
Have you ever, have you ever had
Yvonne on?
1868
01:40:38,720 --> 01:40:40,840
I mean, he's a he's harder
because he doesn't.
1869
01:40:41,760 --> 01:40:44,280
He's not as strong in English as
he is in French, certainly.
1870
01:40:44,760 --> 01:40:47,480
Well, and we ended up talking
half the podcast about racing.
1871
01:40:47,480 --> 01:40:51,720
So I'm sure yeah, Yvonne is the,
for those who don't know, the
1872
01:40:51,720 --> 01:40:55,040
founder of Ayrton and huge
racing fan named the company
1873
01:40:55,040 --> 01:40:58,560
after Ayrton Senna.
And so, yeah, him and I had a
1874
01:40:58,560 --> 01:41:01,680
pleasant talk.
I mean, Yvonne is very
1875
01:41:01,680 --> 01:41:04,360
passionate about lighting and
about his fixtures and stuff.
1876
01:41:04,360 --> 01:41:08,200
But yeah, he's a little hard to
to pull stuff out of
1877
01:41:08,280 --> 01:41:10,240
occasionally and his language is
a bit tough.
1878
01:41:10,240 --> 01:41:14,120
But I really enjoyed it.
I actually interviewed him at
1879
01:41:14,160 --> 01:41:18,360
LDI 4 years, five years ago.
I don't know what year it was,
1880
01:41:18,360 --> 01:41:22,160
but but he was great now.
And I'll tell you what I mean,
1881
01:41:22,160 --> 01:41:26,880
we're not a huge industry.
I'm already doing do overs like
1882
01:41:27,080 --> 01:41:29,800
I've I've got, I've had loads of
people on multiple times.
1883
01:41:29,800 --> 01:41:33,560
Chris Mcmean was on again last
week and I've had Chris Mcmean
1884
01:41:33,560 --> 01:41:37,280
on before.
You know, it's it's about
1885
01:41:37,280 --> 01:41:39,080
interesting people, interesting
stories.
1886
01:41:39,080 --> 01:41:41,360
It doesn't matter if it's
somebody that we've already had.
1887
01:41:41,360 --> 01:41:44,480
So, but we'll definitely reach
out to Richard Bellevue.
1888
01:41:44,480 --> 01:41:46,880
That's a good one.
Have you ever had Brad Schiller?
1889
01:41:49,680 --> 01:41:52,240
He's with Martin, but he's a
he's a similar he's he's sort of
1890
01:41:52,240 --> 01:41:54,800
like.
I know Brad really well, but I I
1891
01:41:54,800 --> 01:41:56,000
can't remember if I've had him
on.
1892
01:41:56,000 --> 01:41:57,760
I don't think I have to be
honest with you.
1893
01:41:57,960 --> 01:42:01,360
You know, it's like Rob Koenig,
who who I had last week,
1894
01:42:02,400 --> 01:42:06,480
Metallica's LD, I just assumed I
had him on before.
1895
01:42:06,480 --> 01:42:09,760
Like I I almost remembered in my
own head talking to him.
1896
01:42:09,760 --> 01:42:13,840
And so I was talking to him and
I was like, yeah, you know, we
1897
01:42:13,840 --> 01:42:16,480
got to get so and so or so and
so and he's like, yeah, yeah,
1898
01:42:16,680 --> 01:42:19,800
yeah, you know, like he was kind
of grumpy because I I wasn't
1899
01:42:19,800 --> 01:42:22,480
inviting him on And I'm like,
holy shit, you've never been on
1900
01:42:22,480 --> 01:42:23,720
the podcast.
And he goes, no.
1901
01:42:24,200 --> 01:42:26,080
And I'm like, OK, well let's get
that booked.
1902
01:42:26,080 --> 01:42:27,480
So.
That was a great.
1903
01:42:27,480 --> 01:42:29,680
Discussion.
Yeah, we, we talked last week.
1904
01:42:29,680 --> 01:42:32,760
So anyways, Brad, I appreciate
you taking a few minutes and
1905
01:42:32,760 --> 01:42:36,920
doing this with me and I
appreciate your insight.
1906
01:42:36,920 --> 01:42:41,360
And yeah, so this will be out I
think either next week or the
1907
01:42:41,360 --> 01:42:44,320
following week, I'm not sure.
Well, thanks to everybody
1908
01:42:44,320 --> 01:42:48,800
listening and happy holidays.
And if it's not holidays when
1909
01:42:48,800 --> 01:42:51,960
you listen to this, good luck.
See you, buddy.
1910
01:42:52,720 --> 01:43:00,560
Thanks, bye.
Well, hello, Rick.
1911
01:43:00,560 --> 01:43:03,800
Rick McKinney from Main Light.
Hello Marcel.
1912
01:43:03,960 --> 01:43:06,040
How you doing buddy?
I'm good.
1913
01:43:06,040 --> 01:43:09,120
How about you?
I'm alive, you know, I I somehow
1914
01:43:09,120 --> 01:43:14,640
survived 2023, the year of the
God.
1915
01:43:14,640 --> 01:43:15,920
I don't even know what to call
it.
1916
01:43:15,920 --> 01:43:19,120
Like I I can think of some
really bad words, but we'll try
1917
01:43:19,120 --> 01:43:20,520
and keep it clean 'cause it's
the holiday.
1918
01:43:20,520 --> 01:43:22,280
Season well, happy, happy New
Year.
1919
01:43:22,280 --> 01:43:25,440
Hopefully 2024 will be crazy for
everybody.
1920
01:43:25,440 --> 01:43:28,000
Yeah.
No, I mean, that's sort of why
1921
01:43:28,000 --> 01:43:31,080
we're doing this is really to
get a gauge from some people, I
1922
01:43:31,080 --> 01:43:33,960
think, who really know what the
industry's doing, what it's done
1923
01:43:34,440 --> 01:43:37,120
this past year, what it might do
next year.
1924
01:43:37,920 --> 01:43:40,280
I talk a lot about that on my
podcast I had.
1925
01:43:40,960 --> 01:43:45,960
I had John Wiseman on, well, I
think it's yesterday by the time
1926
01:43:46,240 --> 01:43:49,320
this gets posted.
Or was it last week?
1927
01:43:49,320 --> 01:43:50,960
I don't know.
Anyways, it was a week ago
1928
01:43:50,960 --> 01:43:54,200
probably or yesterday.
But I had John Wiseman on
1929
01:43:54,200 --> 01:43:57,920
episode 213 and if you don't
know John, John's sort of at the
1930
01:43:57,920 --> 01:44:01,200
top of the food chain of of
account reps or account execs
1931
01:44:01,200 --> 01:44:06,400
for for the lighting touring
business and he had a a pretty
1932
01:44:06,400 --> 01:44:12,520
good feel for things and and
then George Masik from, well,
1933
01:44:12,520 --> 01:44:14,120
actually he won't be on till
next week.
1934
01:44:14,120 --> 01:44:16,680
So now I'm confused with all of
my timing.
1935
01:44:16,680 --> 01:44:22,320
But George Masik from Clay Paki,
you know, I love getting people
1936
01:44:22,320 --> 01:44:25,040
like that on the podcast and
just talking to them about where
1937
01:44:25,040 --> 01:44:28,200
they think the industry's going.
Oh yeah, It's it's always good
1938
01:44:28,200 --> 01:44:29,880
to get everybody's perspective
for sure.
1939
01:44:30,080 --> 01:44:32,320
Yeah, Well, and you guys, I mean
one of the.
1940
01:44:33,120 --> 01:44:35,880
Great reasons.
One of the one of the things
1941
01:44:35,880 --> 01:44:37,960
about Main Light that's so
different than than other
1942
01:44:37,960 --> 01:44:41,480
companies, most other companies
is the majority of your business
1943
01:44:41,480 --> 01:44:44,040
is, is dry hire rentals right
Like or if not.
1944
01:44:44,040 --> 01:44:45,280
All of your business,
absolutely.
1945
01:44:45,440 --> 01:44:47,280
Yeah, it's it's majority for
sure.
1946
01:44:47,280 --> 01:44:49,760
It's it's what we're known for.
You know we've been doing dry
1947
01:44:49,760 --> 01:44:54,080
hire strictly for 20 plus years
at this point.
1948
01:44:54,120 --> 01:44:56,640
You know, it's it's been a good
thing for us.
1949
01:44:56,840 --> 01:44:58,600
And you've been there over 20?
Years, right?
1950
01:44:59,200 --> 01:45:02,520
I have been with the company for
24 years and as of November in
1951
01:45:02,520 --> 01:45:05,640
2023, it's based in a plenty a
great place to work.
1952
01:45:06,000 --> 01:45:08,000
Who's a tougher boss?
Mike Cannon or?
1953
01:45:09,600 --> 01:45:13,760
Itis, you know, they they both
have their their, their their
1954
01:45:13,760 --> 01:45:18,840
good their good points and and
you know everybody's, you know,
1955
01:45:19,320 --> 01:45:22,960
I get along with just about
everybody that I work with.
1956
01:45:22,960 --> 01:45:26,520
I put my nose to the grind and
do what I need to do, and that
1957
01:45:26,520 --> 01:45:28,280
always just seems to work out
well for me.
1958
01:45:28,280 --> 01:45:31,360
And I I get no Flack from
nobody, from anybody in most.
1959
01:45:31,360 --> 01:45:34,560
Yeah, I.
Don't think you could pick two
1960
01:45:34,560 --> 01:45:35,640
different bosses either, you
know.
1961
01:45:36,400 --> 01:45:38,120
I'll tell you, you're absolutely
right.
1962
01:45:38,120 --> 01:45:40,640
They are definitely on different
sides of the spectrum.
1963
01:45:40,920 --> 01:45:42,880
I.
I have a quick funny itis story.
1964
01:45:42,880 --> 01:45:47,240
So I didn't know itis and you
know I I came from Canada.
1965
01:45:47,240 --> 01:45:49,760
I went straight into Martin.
I worked for Martin for a number
1966
01:45:49,760 --> 01:45:52,160
of years.
Martin never did any business
1967
01:45:52,160 --> 01:45:54,680
with itis 'cause he was always a
high end shop at the time.
1968
01:45:55,360 --> 01:45:59,320
And I left Martin and went to
work for High end for a little
1969
01:45:59,320 --> 01:46:03,920
while and Craig Burroughs took
me around the Northeast to
1970
01:46:03,920 --> 01:46:07,320
introduce me to some customers
and itis was one of them.
1971
01:46:07,760 --> 01:46:12,720
And so we decided to play golf
and we're on the first tee.
1972
01:46:13,440 --> 01:46:16,880
And you know, I just sense of
humor, of course, right.
1973
01:46:16,880 --> 01:46:20,960
So, you know, I'm, I'm doing my
little waggle with the driver
1974
01:46:20,960 --> 01:46:22,600
and I go to pull the driver
back.
1975
01:46:22,600 --> 01:46:25,240
And every time I went to pull
the driver back, he he gave me a
1976
01:46:25,240 --> 01:46:28,880
little squawk, you know?
Oh, yes.
1977
01:46:29,240 --> 01:46:32,640
And I didn't.
I didn't know that I just had
1978
01:46:32,640 --> 01:46:35,880
Tourette's.
And so finally I turn around and
1979
01:46:35,880 --> 01:46:37,480
I'm like, would you shut the?
Fuck.
1980
01:46:37,560 --> 01:46:41,000
Up already like I'm trying to
hit the golf ball, damn it you
1981
01:46:41,040 --> 01:46:44,920
know, and and he's like, oh did
I make noise.
1982
01:46:45,880 --> 01:46:49,080
And I'm positive to this day,
and I've never asked him, but
1983
01:46:49,080 --> 01:46:53,040
I'm positive to this day he was
messing with me and and he was
1984
01:46:53,040 --> 01:46:57,000
doing it on purpose.
There is a very good possibility
1985
01:46:57,000 --> 01:46:58,560
of that.
You know, there's nobody that
1986
01:46:58,560 --> 01:47:00,920
was any more of a trickster than
I did, for sure.
1987
01:47:00,920 --> 01:47:04,600
And I'm sure we're not done with
it at this point in our lives
1988
01:47:04,640 --> 01:47:05,760
either.
It'll be back around.
1989
01:47:05,920 --> 01:47:08,240
Oh hell yeah.
Did he ever stop in to visit or
1990
01:47:08,240 --> 01:47:10,680
anything?
You know, to be honest with you,
1991
01:47:10,680 --> 01:47:14,200
I work remotely most of the
time, so if there was a stop by,
1992
01:47:14,200 --> 01:47:18,440
I don't see it because I I work
the business out of all four
1993
01:47:18,440 --> 01:47:20,200
offices.
And I see, yeah.
1994
01:47:20,800 --> 01:47:26,240
I have no need to be in one
office so he just, if he does,
1995
01:47:26,240 --> 01:47:27,880
stop being that I haven't seen
much of it.
1996
01:47:28,160 --> 01:47:31,040
Yeah, yeah, I miss the guy.
I I call him every once.
1997
01:47:31,040 --> 01:47:33,400
In a while.
I do to to yell about politics,
1998
01:47:33,440 --> 01:47:38,760
but so what's what's your role
and title in the company?
1999
01:47:38,760 --> 01:47:42,560
I know it's all very different
now that it's that it's under
2000
01:47:42,560 --> 01:47:45,520
the Canon development Group or
whatever the heck it's called,
2001
01:47:45,520 --> 01:47:48,960
but and it's obviously grown
tremendously over the past
2002
01:47:49,160 --> 01:47:50,600
couple of years.
What?
2003
01:47:50,600 --> 01:47:51,920
What?
What is it you do?
2004
01:47:52,960 --> 01:47:55,000
Well I'm the national rental
manager.
2005
01:47:55,000 --> 01:47:57,440
I've been that for about the
last two years since we've
2006
01:47:57,440 --> 01:48:02,320
expanded to to four locations.
We have a location of course the
2007
01:48:02,440 --> 01:48:05,840
the first where where I started
and where the company started in
2008
01:48:05,840 --> 01:48:09,200
Wilmington DE.
Then we opened our shop in Las
2009
01:48:09,200 --> 01:48:13,520
Vegas which was closer to to
Michael and and and where he he
2010
01:48:13,520 --> 01:48:17,000
does his business.
So we opened that one next and
2011
01:48:17,000 --> 01:48:20,800
then we opened the National shop
and then just this year opened
2012
01:48:20,840 --> 01:48:22,640
the, the Teterboro, New Jersey
location.
2013
01:48:22,640 --> 01:48:28,680
So we've got a pretty
widespread, we're pretty
2014
01:48:28,680 --> 01:48:32,080
widespread now which is kind of
what I always wanted to because
2015
01:48:32,080 --> 01:48:35,120
it's it's like it was constantly
shipping to the West Coast and
2016
01:48:35,120 --> 01:48:37,880
things like that in the past.
And it was just like, gosh, it
2017
01:48:37,880 --> 01:48:40,880
would be so nice just to have
somewhere central, you know,
2018
01:48:40,880 --> 01:48:43,040
somewhere on the West Coast
where we could service these
2019
01:48:43,040 --> 01:48:48,360
customers and it's win, win,
win, win situation 100%.
2020
01:48:48,520 --> 01:48:51,800
I would assume the Vegas office
like grew like a weed
2021
01:48:51,840 --> 01:48:54,760
immediately, and probably even
to.
2022
01:48:55,240 --> 01:48:56,880
I don't know if it's your
biggest office, but it's
2023
01:48:56,880 --> 01:48:58,800
probably pretty damn close I
would guess.
2024
01:48:58,920 --> 01:49:03,440
It it's it's doing really well.
You know it's we're we're we
2025
01:49:03,440 --> 01:49:06,200
were East Coast company for the
most part to start.
2026
01:49:06,200 --> 01:49:09,240
So that's where a lot of our
business, our core business was
2027
01:49:09,240 --> 01:49:11,960
from.
But of course by adding the
2028
01:49:11,960 --> 01:49:15,480
Vegas location, all those
customers that we dealt with on
2029
01:49:15,560 --> 01:49:17,760
the West Coast, it makes it so
much easier for him.
2030
01:49:17,800 --> 01:49:22,840
So it increased exponentially.
So all good.
2031
01:49:23,040 --> 01:49:26,040
No it makes huge sense and and
like you said it's closer to
2032
01:49:26,040 --> 01:49:28,800
home for Cannon.
So, so no it's good.
2033
01:49:28,800 --> 01:49:32,520
It's I've enjoyed watching the
company grow and and again I
2034
01:49:32,520 --> 01:49:36,720
love itis I I miss the guy but
I'm so impressed and happy to
2035
01:49:36,720 --> 01:49:39,520
see what Michael has done with
Main Light.
2036
01:49:39,520 --> 01:49:41,680
I think it's a great brand.
I think it's a great company.
2037
01:49:42,040 --> 01:49:44,880
I'm happy to see that all the
key people are still in it.
2038
01:49:45,280 --> 01:49:51,400
You know yourself and and and
Gio and and Randy and you know,
2039
01:49:51,400 --> 01:49:55,240
I mean the key players are still
involved and that's great
2040
01:49:55,240 --> 01:49:58,000
because it doesn't always.
Yeah, Michael definitely put a
2041
01:49:58,000 --> 01:50:00,320
breath of life back into the
company for sure.
2042
01:50:00,640 --> 01:50:03,520
There is no doubt about it.
It's been it's been great since
2043
01:50:03,520 --> 01:50:06,200
he's taken over.
Yeah, so I, you know, I'm not
2044
01:50:06,200 --> 01:50:08,680
going to keep you here all day.
I I really just want to get into
2045
01:50:08,680 --> 01:50:12,840
a few questions and I've, you
know you're one of, as I said
2046
01:50:12,840 --> 01:50:16,520
one of our key sponsors and I've
asked all the other sponsors the
2047
01:50:16,520 --> 01:50:18,760
same questions and got all kinds
of answers.
2048
01:50:19,560 --> 01:50:22,240
But there's kind of a line, a
thread that goes between the
2049
01:50:22,240 --> 01:50:26,640
answers that that tells me that
everybody's probably right.
2050
01:50:26,720 --> 01:50:31,640
And so the first question or or
the first series of questions I
2051
01:50:31,640 --> 01:50:37,000
guess is regarding 2023 and this
can be this can be main light.
2052
01:50:37,000 --> 01:50:40,000
This can be your view of the
industry from main light.
2053
01:50:40,000 --> 01:50:44,520
'S.
Set of glasses, but the business
2054
01:50:44,600 --> 01:50:49,240
overall in 2023?
Better than expected, worse than
2055
01:50:49,240 --> 01:50:51,840
expected, or just like you
thought it would be.
2056
01:50:53,520 --> 01:50:57,120
I'm going to have to say that it
was pretty much as expected due
2057
01:50:57,120 --> 01:51:01,760
to all the the, the, the
weirdness that happened in 2022
2058
01:51:01,800 --> 01:51:04,920
and the fact that you know that
we business was picking up in
2059
01:51:04,920 --> 01:51:07,760
2022, but you never knew when it
was going to.
2060
01:51:07,760 --> 01:51:09,680
The job was going to cancel
early.
2061
01:51:09,680 --> 01:51:12,680
You know, if a tour went out the
door, you know, if it were going
2062
01:51:12,680 --> 01:51:15,400
to come back and for two weeks
instead of eight, you know that
2063
01:51:15,400 --> 01:51:18,000
was the what we were dealing
with in 2022.
2064
01:51:18,520 --> 01:51:22,280
You know, it was it was
definitely, you know, less, much
2065
01:51:22,280 --> 01:51:26,840
less of a fear in 2023, whenever
we sent out a job that it wasn't
2066
01:51:26,840 --> 01:51:29,920
going to cancel.
So I'm going to say things were
2067
01:51:29,920 --> 01:51:32,440
as expected.
I was expecting things to go
2068
01:51:32,440 --> 01:51:38,120
much better than 2022. 20/22 was
good in comparison of course to
2069
01:51:38,120 --> 01:51:42,920
2021 but we did have that that
that's still a lot of questions
2070
01:51:43,080 --> 01:51:47,560
going on and and people still
getting sick and COVID and that
2071
01:51:47,560 --> 01:51:52,920
was canceling a lot of jobs.
So that was a major part of of
2072
01:51:52,920 --> 01:51:56,040
the 2023.
Is it just knowing that stuff
2073
01:51:56,040 --> 01:51:58,440
was coming back?
Do you think as an industry we
2074
01:51:58,440 --> 01:52:01,120
grew in in 23?
I do.
2075
01:52:01,240 --> 01:52:07,680
I really I I I do just because
of of I we're we're also just
2076
01:52:07,680 --> 01:52:09,640
towards the end of the year
starting to see more corporate
2077
01:52:09,640 --> 01:52:14,160
come back more trade show stuff.
So this is all important to our
2078
01:52:14,160 --> 01:52:17,400
industry which was kind of lost
for the last three years for the
2079
01:52:17,400 --> 01:52:20,000
most that's true.
So well and you know it's good,
2080
01:52:20,160 --> 01:52:23,000
it's good to see that come back
and I think 2024 is going to be
2081
01:52:23,000 --> 01:52:26,440
even greater because because of
that aspect of the business
2082
01:52:26,440 --> 01:52:28,200
coming back but.
You know what?
2083
01:52:29,640 --> 01:52:32,600
You know one thing our industry
doesn't seem to pay a lot of
2084
01:52:32,600 --> 01:52:37,600
attention to, but I've had and
again you're the the 5th sponsor
2085
01:52:37,600 --> 01:52:42,920
now that we've talked to about
this stuff, but I've had a lot
2086
01:52:42,920 --> 01:52:47,760
of people concerned about the
election year, the E word about
2087
01:52:47,760 --> 01:52:52,680
the R word recession.
Not, not concerned like tours
2088
01:52:52,680 --> 01:52:55,560
are going to cancel or anything,
but it could impact things like
2089
01:52:55,560 --> 01:52:57,400
what you just said, the
corporate stuff that's been
2090
01:52:57,400 --> 01:53:01,240
coming back.
It wouldn't take much for wars
2091
01:53:01,240 --> 01:53:04,480
and all of these crazy
geopolitical things that we've
2092
01:53:04,480 --> 01:53:07,720
got going on in the world to
sort of upset what's.
2093
01:53:08,360 --> 01:53:09,640
Happening.
It certainly could.
2094
01:53:09,640 --> 01:53:12,160
And interest rates are not fun
to deal with right now, too.
2095
01:53:12,160 --> 01:53:14,760
That's also something that we
have to consider.
2096
01:53:15,640 --> 01:53:18,480
There might not be as much
purchasing next year just
2097
01:53:18,480 --> 01:53:21,920
because of of the the interest
rates that could.
2098
01:53:22,040 --> 01:53:23,560
Help you that could play.
Right.
2099
01:53:23,560 --> 01:53:25,440
Yeah.
That that, that that that could,
2100
01:53:25,560 --> 01:53:28,200
but that that's where that's
where mainly is going to help
2101
01:53:28,200 --> 01:53:30,880
out a lot of people is whenever
companies have reached their cat
2102
01:53:30,880 --> 01:53:34,160
that's cat backs et cetera, you
know we're we're going to have
2103
01:53:34,160 --> 01:53:36,240
the equipment.
Yeah exactly.
2104
01:53:36,240 --> 01:53:39,520
So you know that's what we're
we're we're here to help.
2105
01:53:39,520 --> 01:53:42,760
So it's always I'm looking
forward to 2024.
2106
01:53:42,800 --> 01:53:46,240
Has supply chain still been an
issue for you guys in 23 or or
2107
01:53:46,240 --> 01:53:49,600
that's pretty much settled?
Beginning of the year, we were
2108
01:53:49,600 --> 01:53:52,680
definitely seeing it, but in the
in the first three to four
2109
01:53:52,680 --> 01:53:55,480
months and then the like the
last six months, it's gotten a
2110
01:53:55,520 --> 01:53:59,560
lot better in 2023 with getting
the parts we need to keep the
2111
01:53:59,600 --> 01:54:01,160
lights out working to.
Yeah.
2112
01:54:01,320 --> 01:54:04,280
So yeah, it's much better the
second-half of the year.
2113
01:54:04,560 --> 01:54:07,240
That's good.
So you're expecting this year
2114
01:54:07,240 --> 01:54:10,680
more of the same or or do you
think 24 is going to be wildly
2115
01:54:10,680 --> 01:54:12,640
different?
Do you think it's going to keep
2116
01:54:12,640 --> 01:54:14,360
growing?
Is it going to be flat?
2117
01:54:15,240 --> 01:54:18,440
I think it's it's going to grow.
It's going to grow a little bit,
2118
01:54:18,440 --> 01:54:20,440
you know, there's I think
there's going to be, there's
2119
01:54:20,440 --> 01:54:23,440
going to be larger tours this
year that didn't happen last
2120
01:54:23,440 --> 01:54:26,560
year because people are are are
more comfortable with it, you
2121
01:54:26,560 --> 01:54:28,000
know.
So there's I think there's going
2122
01:54:28,000 --> 01:54:32,240
to be, there's going to be more
stadium tours next year or
2123
01:54:32,920 --> 01:54:34,800
that's bigger acts coming out.
That's wild, you know.
2124
01:54:35,520 --> 01:54:38,120
The number of stadium tours
blows my mind.
2125
01:54:38,120 --> 01:54:40,280
I talk about it all the time on
my podcast.
2126
01:54:40,280 --> 01:54:43,880
Like the fact that Mötley Crüe
is doing stadiums, you know, and
2127
01:54:43,880 --> 01:54:49,160
and the weekend and all of these
acts that to me are arena acts
2128
01:54:49,160 --> 01:54:52,080
are are out filling stadiums
right now.
2129
01:54:52,080 --> 01:54:54,760
There's such an appetite for
live music.
2130
01:54:54,880 --> 01:54:57,360
There certainly is.
There certainly is an appetite
2131
01:54:57,360 --> 01:54:59,960
for it you know and that's great
for our industry.
2132
01:55:00,640 --> 01:55:04,480
Oh yeah, we we had a, we had a
great run with a with a customer
2133
01:55:04,480 --> 01:55:06,360
of ours and a comedian this past
year.
2134
01:55:06,520 --> 01:55:10,680
So you know the it's it's it's
all it's business is all there.
2135
01:55:11,520 --> 01:55:15,000
Yeah, yeah.
And, you know, apparently, like
2136
01:55:15,000 --> 01:55:18,440
if you listen to to Live Nation,
it's growing.
2137
01:55:18,440 --> 01:55:21,480
You know, like they think that
there's a huge amount of of
2138
01:55:21,480 --> 01:55:24,880
untapped potential still to grow
for live events.
2139
01:55:24,880 --> 01:55:28,280
So, you know, hey, I mean,
there's gonna continue.
2140
01:55:28,280 --> 01:55:30,080
Getting a.
Shortage of equipment this year
2141
01:55:30,080 --> 01:55:33,400
apparently, so main light is
gonna capitalize on that I'm
2142
01:55:33,400 --> 01:55:35,880
guessing.
We're here to help for sure.
2143
01:55:36,320 --> 01:55:38,120
So give me, give me a big
prediction.
2144
01:55:38,960 --> 01:55:42,800
Anything you know, a a tour that
might get a band getting put
2145
01:55:42,800 --> 01:55:46,640
back together, a market trend
like lights coming from outer
2146
01:55:46,640 --> 01:55:48,720
space, I don't know.
But anything?
2147
01:55:48,720 --> 01:55:53,920
You know, maybe maybe we can get
something to happen like Virgin
2148
01:55:53,920 --> 01:55:57,280
Atlantic and Yellow to come out.
You know, where we do the first
2149
01:55:57,280 --> 01:56:00,520
show in outer space, where we
build, where we build an arena
2150
01:56:00,520 --> 01:56:03,640
in outer space and we floated
out there and we have Richard
2151
01:56:03,640 --> 01:56:07,400
Branson fly people out to it and
we have like one of the most
2152
01:56:07,400 --> 01:56:09,880
spectacular yellow, yellow shows
ever.
2153
01:56:10,040 --> 01:56:11,960
You know, that's kind of
something I would like.
2154
01:56:12,840 --> 01:56:15,200
That sounds fun.
I don't know if I can take it,
2155
01:56:15,200 --> 01:56:18,240
but.
But for real, you know, I'm, I'm
2156
01:56:18,280 --> 01:56:21,240
a big, I like the old school
bands like Electric Light or I'd
2157
01:56:21,240 --> 01:56:23,480
love to see Jeff Lynn bring it
back out again.
2158
01:56:23,520 --> 01:56:26,160
And with the production, With
the production, it deserves
2159
01:56:26,160 --> 01:56:28,600
something like.
That, you know, I Speaking of
2160
01:56:28,600 --> 01:56:32,760
old school bands, I just started
listening to a podcast that was
2161
01:56:32,760 --> 01:56:37,280
recommended to me.
Where the heck is it?
2162
01:56:38,120 --> 01:56:40,000
It was.
I wasn't recommended to me.
2163
01:56:40,000 --> 01:56:43,480
I was listening to Rick Rubin
talking somewhere, and Rick
2164
01:56:43,480 --> 01:56:47,600
Rubin mentioned this podcast
called A History of Rock Music
2165
01:56:47,600 --> 01:56:50,920
in 500 Songs.
It's incredible.
2166
01:56:50,920 --> 01:56:53,000
It's it's a that sounds.
Really cool.
2167
01:56:53,320 --> 01:56:56,400
British guy named Andrew Hickey
and and like every episode,
2168
01:56:56,400 --> 01:57:00,320
like, I just listened to the
episode about Hey Jude and it
2169
01:57:00,320 --> 01:57:02,240
goes into way more than hey,
Jude.
2170
01:57:02,240 --> 01:57:05,640
But you know, I don't know that
much Beatles history, you know,
2171
01:57:05,640 --> 01:57:07,840
cuz I was never a massive
Beatles fan.
2172
01:57:08,240 --> 01:57:09,920
But it's so.
Interesting.
2173
01:57:09,920 --> 01:57:13,720
Like I learned so much in a 90
minute podcast or whatever.
2174
01:57:14,160 --> 01:57:16,160
But yeah, send me the link.
I'd like to check that out.
2175
01:57:16,240 --> 01:57:18,360
Yeah, I will.
I'll send it to you for sure.
2176
01:57:19,600 --> 01:57:23,480
So, yeah, I mean, what about
product trends, anything?
2177
01:57:23,800 --> 01:57:27,760
Do you see anything evolving,
changing?
2178
01:57:27,760 --> 01:57:30,360
Like, I'll give you one thing
that I've noticed.
2179
01:57:30,360 --> 01:57:33,640
And I wasn't at LDI, but I've
paid a lot of attention to what
2180
01:57:33,640 --> 01:57:36,080
went on at LDI.
And there's this new thing where
2181
01:57:36,080 --> 01:57:41,560
it's lumens per pound or lumens
per kilogram or whatever, where
2182
01:57:41,600 --> 01:57:45,880
lights are getting smaller and
lighter, you know, like that
2183
01:57:45,880 --> 01:57:48,440
little Mac, which I'm sure
you'll have thousands of them in
2184
01:57:48,440 --> 01:57:49,720
your inventory.
Oh yeah.
2185
01:57:49,720 --> 01:57:53,920
And you know that's kind of what
I was thinking is, yeah, it's
2186
01:57:53,920 --> 01:57:57,480
it's all the product trend, you
know, like the Martin Mac one
2187
01:57:57,480 --> 01:58:00,680
and it's, it's getting as much
punch as you can out of a small,
2188
01:58:01,000 --> 01:58:04,240
out of a small fixture we have.
There's a lot of large fixtures
2189
01:58:04,240 --> 01:58:06,320
with with a lot of lumens out
there right now.
2190
01:58:06,320 --> 01:58:10,680
They've stepped it up in the LED
market for sure but now we need
2191
01:58:10,680 --> 01:58:13,960
to it's it's now the small
fixture that's gonna that we
2192
01:58:14,400 --> 01:58:16,160
that people are looking for with
that punch.
2193
01:58:16,880 --> 01:58:19,920
So I think that's gonna be an
important trend for the what.
2194
01:58:19,960 --> 01:58:23,800
About what about IP ratings like
you know are, do you see us
2195
01:58:23,800 --> 01:58:26,920
getting close to a point where
people won't buy fixtures that
2196
01:58:26,920 --> 01:58:30,720
aren't IP?
You know, we're kind of in that
2197
01:58:30,720 --> 01:58:33,320
boat where of course the
majority of our inventory is
2198
01:58:33,320 --> 01:58:36,200
being pushed in that direction
because of what we do and dry
2199
01:58:36,200 --> 01:58:38,040
hire you.
You want to make sure that the
2200
01:58:38,040 --> 01:58:41,960
equipment stays in good shape
and the IP rated fixtures are
2201
01:58:41,960 --> 01:58:45,440
the way to do it.
You know it makes total sense.
2202
01:58:45,440 --> 01:58:48,080
It don't really depends on you
know where you're doing your
2203
01:58:48,080 --> 01:58:51,760
shows mostly.
It it makes you so much more
2204
01:58:51,760 --> 01:58:55,120
flexible and versatile too,
because like if you have for
2205
01:58:55,120 --> 01:58:58,360
example, let's say you're down
to your last 12 lights in your
2206
01:58:58,360 --> 01:59:02,360
shop and their IP fixtures.
You can use IP fixtures indoors,
2207
01:59:02,360 --> 01:59:04,560
but you can't use non IP
fixtures.
2208
01:59:04,560 --> 01:59:07,200
Outdoors, yeah.
And that's that's kind of the
2209
01:59:07,440 --> 01:59:11,560
the reason we we had behind
whenever we decided to to jump
2210
01:59:11,680 --> 01:59:16,080
heavier into IP in in the 2023,
yeah and 2022 of course.
2211
01:59:16,080 --> 01:59:19,680
Yeah, and now some of the stuff
coming out either from Elation
2212
01:59:19,680 --> 01:59:24,760
or even Chauvet.
Certainly Ayrton IP fixtures are
2213
01:59:24,760 --> 01:59:27,960
not as expensive as they were,
like they used to be 30% more
2214
01:59:27,960 --> 01:59:30,800
than a non IP fixture.
They're not as heavy as they
2215
01:59:30,800 --> 01:59:32,320
were, they.
Used not as heavy, that's.
2216
01:59:32,320 --> 01:59:33,480
So much.
Heavier.
2217
01:59:34,440 --> 01:59:37,760
The weight is the huge thing and
that's what kept us out of the
2218
01:59:37,760 --> 01:59:41,640
IP market originally was, you
know, we had a few fixtures, but
2219
01:59:41,640 --> 01:59:44,520
my God, whenever you're putting
them on the trusses to test them
2220
01:59:44,520 --> 01:59:47,080
and things, it's just like,
well, we can't have too many of
2221
01:59:47,160 --> 01:59:50,400
these.
But with the weights coming
2222
01:59:50,400 --> 01:59:54,120
down, that's probably the most
important part in my opinion,
2223
01:59:54,560 --> 01:59:57,080
was the fact that we were able
to get the weights down.
2224
01:59:58,000 --> 02:00:03,560
Do you have any role in the
selection of equipment like is
2225
02:00:03,560 --> 02:00:04,560
it by?
Committee.
2226
02:00:04,560 --> 02:00:06,440
Is there?
Are you part of a committee that
2227
02:00:06,760 --> 02:00:09,200
determines?
Essentially, yes.
2228
02:00:09,200 --> 02:00:12,440
You know, we we get, we get
requests all the time for stuff
2229
02:00:12,440 --> 02:00:16,000
that we don't have and we keep
we keep a list of of the items
2230
02:00:16,000 --> 02:00:19,720
that people are asking for.
And as that list grows, we look
2231
02:00:19,720 --> 02:00:23,600
at that list seriously as as
what to consider for our next
2232
02:00:23,600 --> 02:00:25,600
purchase.
Yeah, yeah, that makes.
2233
02:00:25,800 --> 02:00:28,880
Sense.
So I I'm big part of of of what
2234
02:00:28,960 --> 02:00:32,000
we purchase in the future just
based on requests.
2235
02:00:32,160 --> 02:00:33,120
Yeah, yeah.
Good.
2236
02:00:33,720 --> 02:00:37,480
You live in Delaware still.
I live in Lancaster County,
2237
02:00:37,480 --> 02:00:41,080
Pennsylvania.
I live just S southwest of
2238
02:00:41,080 --> 02:00:43,520
Lancaster, PA Cool.
Yeah, the farm.
2239
02:00:43,520 --> 02:00:44,800
Do you?
Do you have to travel to the
2240
02:00:44,800 --> 02:00:49,720
shops an awful lot?
I go into the Delaware office
2241
02:00:50,440 --> 02:00:53,760
once a month in New Jersey
office every other month.
2242
02:00:55,320 --> 02:01:00,240
Nashville 2 or 3 * 4 * a year.
In Vegas, two or three times a
2243
02:01:00,240 --> 02:01:01,640
year.
Yeah, that makes.
2244
02:01:01,680 --> 02:01:03,760
Sense mostly work here remotely
from home.
2245
02:01:04,240 --> 02:01:05,640
Well, you guys have such a great
team.
2246
02:01:05,640 --> 02:01:09,200
I mean, it's not like Nashville
needs you there or whatever,
2247
02:01:09,200 --> 02:01:10,280
right?
Like it's.
2248
02:01:10,280 --> 02:01:12,720
Nice it's all about.
It's all about having putting
2249
02:01:12,720 --> 02:01:16,160
the right people in place and
making sure that the job gets
2250
02:01:16,160 --> 02:01:18,360
done on all levels, which is
what Main Light does.
2251
02:01:18,360 --> 02:01:21,400
So I'm happy to to be working
for such a great company.
2252
02:01:21,560 --> 02:01:25,760
It is a great company and I'm,
I'm, I'm happy that they're one
2253
02:01:25,760 --> 02:01:28,000
of our sponsors, because when
they're not our sponsor anymore,
2254
02:01:28,000 --> 02:01:30,400
then I'll just talk shit about
Canon and I'll say Main Light's
2255
02:01:30,400 --> 02:01:31,880
a shitty company.
They used to be good.
2256
02:01:31,880 --> 02:01:34,160
I remember when they were good,
but they're not going anymore.
2257
02:01:35,760 --> 02:01:38,400
So a bonus, bonus question for
you.
2258
02:01:38,400 --> 02:01:41,600
And I don't know if you've ever
heard our podcast, but we get a
2259
02:01:41,600 --> 02:01:44,520
We get lighting designers on
front of house engineers,
2260
02:01:44,520 --> 02:01:49,200
managers, production managers,
tour managers, company owners,
2261
02:01:50,280 --> 02:01:53,480
account execs, all kinds of
people.
2262
02:01:53,480 --> 02:01:56,560
Anyone you'd like to see us
bring onto the podcast?
2263
02:01:58,480 --> 02:02:00,080
Have you ever had Mike Finnicaro
on?
2264
02:02:00,080 --> 02:02:01,400
I don't believe you have.
Have you?
2265
02:02:01,680 --> 02:02:03,280
No.
He would be great.
2266
02:02:03,320 --> 02:02:05,200
He's a he's a good.
He's a good guy.
2267
02:02:05,200 --> 02:02:07,960
Great personality, good person
to talk to.
2268
02:02:08,600 --> 02:02:10,720
I would recommend Mike Finn
Finnicaro.
2269
02:02:11,080 --> 02:02:15,320
The only reason I know Mike Finn
is is through Cosmo posting
2270
02:02:15,320 --> 02:02:17,920
thousands of pictures of him and
Mike and.
2271
02:02:18,000 --> 02:02:20,440
He's a great guy.
If you could do me a favor and
2272
02:02:20,440 --> 02:02:23,480
just shoot me back an e-mail
with his e-mail address, that
2273
02:02:23,480 --> 02:02:26,040
would be super helpful and we'll
reach out to him and see if he's
2274
02:02:26,040 --> 02:02:28,000
interested in jumping on that
would.
2275
02:02:28,000 --> 02:02:28,640
Be really?
Absolutely.
2276
02:02:28,640 --> 02:02:29,960
Thanks.
Thanks for that suggestion.
2277
02:02:30,520 --> 02:02:32,920
Well, happy New Year and thanks
for taking the time to do this.
2278
02:02:32,920 --> 02:02:35,440
We appreciate you jumping in and
doing it and we appreciate main
2279
02:02:35,440 --> 02:02:39,200
Light very much and.
Happy New Year and thank you.
2280
02:02:39,680 --> 02:02:41,200
All right my friend.
See ya.
2281
02:02:41,360 --> 02:02:43,200
All right, Marcel.
Well, we appreciate it.
2282
02:02:43,320 --> 02:02:44,440
Take care.
Thanks man all.
2283
02:02:45,120 --> 02:02:45,320
Right.
Bye.
00:00:04,280 --> 00:00:08,960
Well, hello and welcome to the
episode called Sarah Fixing Her
2
00:00:08,960 --> 00:00:12,440
Hair.
I like how you got that bit in
3
00:00:12,440 --> 00:00:14,640
at the beginning.
I just kind of threw this on
4
00:00:14,640 --> 00:00:15,600
her.
I said, hey, by the way, why
5
00:00:15,600 --> 00:00:17,880
don't you jump in and record
this like about one minute
6
00:00:17,880 --> 00:00:21,840
before we recorded it.
So this is officially, what
7
00:00:21,840 --> 00:00:23,880
episode number is this?
Sarah, I'm going to ask you.
8
00:00:25,280 --> 00:00:28,040
You're.
The producer Come on, produce a
9
00:00:28,040 --> 00:00:32,439
number.
Give me a.
10
00:00:32,439 --> 00:00:38,560
Number. 214214 It is episode
214, so this is a special
11
00:00:38,560 --> 00:00:43,000
episode which is by and for our
sponsors.
12
00:00:43,000 --> 00:00:47,680
We've had four real core main
sponsors this year and then one
13
00:00:47,680 --> 00:00:50,360
additional one that kind of
popped in for a few episodes,
14
00:00:52,320 --> 00:00:55,360
you know, I will tell you.
So all four of those core
15
00:00:55,360 --> 00:00:57,560
sponsors are included in this
podcast.
16
00:00:57,960 --> 00:01:01,320
I wanted or we wanted to hear
directly from our sponsors
17
00:01:01,320 --> 00:01:03,240
basically, what do you think
about the State of the Union?
18
00:01:03,240 --> 00:01:06,600
Where do you think we're headed
as an industry this year?
19
00:01:07,040 --> 00:01:13,320
And you know really gratitude
like just to thank them and and
20
00:01:13,600 --> 00:01:16,920
you know I keep saying it but
without sponsors.
21
00:01:18,080 --> 00:01:21,640
You know, if I had to do all the
work myself without the lovely
22
00:01:21,640 --> 00:01:27,080
Sarah and also you know, without
even having the bills paid
23
00:01:28,000 --> 00:01:31,160
because it does cost money to
produce a a podcast whether you
24
00:01:31,240 --> 00:01:33,960
you know that or not it really
does cost money.
25
00:01:34,440 --> 00:01:37,600
And so I mean really the
sponsors make it happen.
26
00:01:37,600 --> 00:01:40,640
We're very happy.
We're very proud.
27
00:01:40,640 --> 00:01:44,480
We're very grateful for those
sponsors, especially, you know,
28
00:01:44,480 --> 00:01:47,880
and I hate to call out any
individual sponsors, but Elation
29
00:01:47,880 --> 00:01:50,360
and ACT have been with us since
the very beginning of this
30
00:01:50,360 --> 00:01:54,200
podcast four or five years ago,
Very supportive.
31
00:01:54,560 --> 00:01:58,520
We're very appreciative for both
of them, but for everyone.
32
00:01:58,640 --> 00:02:04,560
And so also Sarah is actually
reaching out to a bunch of new
33
00:02:04,560 --> 00:02:08,680
sponsors right now because we're
planning to add I think 2:00 to
34
00:02:08,680 --> 00:02:14,000
4:00 new sponsors this year.
And that doesn't take away from
35
00:02:14,040 --> 00:02:17,520
or devalue or water down the
sponsorship value.
36
00:02:17,520 --> 00:02:21,400
It actually we're changing how
we're representing sponsors and
37
00:02:21,400 --> 00:02:24,600
making sure that I think you've
seen recently especially with
38
00:02:24,600 --> 00:02:29,200
Sarah coming in, you know she's
stepping up social media to
39
00:02:29,200 --> 00:02:32,080
present those sponsors and thank
them and and everything else.
40
00:02:32,080 --> 00:02:34,680
So anything you want to.
Have more.
41
00:02:35,320 --> 00:02:36,640
Basically, yeah.
There's going to be more of
42
00:02:36,640 --> 00:02:40,960
everything when you know,
sponsors come on board.
43
00:02:40,960 --> 00:02:43,320
You know we want to be seen
every day.
44
00:02:43,360 --> 00:02:46,240
You know, you may get sick of
us, but we want you to see us
45
00:02:46,240 --> 00:02:49,280
every day and we do want to show
our appreciation to the
46
00:02:49,280 --> 00:02:52,120
sponsors.
And you know, even since I've,
47
00:02:52,200 --> 00:02:56,400
I've got just over a month now
I've been on board and you know,
48
00:02:56,440 --> 00:03:01,120
the everyone's been so lovely to
me, You know, they're sort of
49
00:03:01,120 --> 00:03:02,600
responding to me, all the rest
of it.
50
00:03:02,600 --> 00:03:04,560
So it's been fabulous.
And then when we came up with
51
00:03:04,560 --> 00:03:08,920
this idea for this podcast,
Marcel was like, yeah, let's do
52
00:03:08,920 --> 00:03:10,480
it.
And again, we've got everyone on
53
00:03:10,640 --> 00:03:12,800
board, so it's great for
everyone to see them as well.
54
00:03:13,280 --> 00:03:16,760
Oh this was your idea and and
it's a great idea because the
55
00:03:16,760 --> 00:03:19,760
conversations I've had so far
with three of the sponsors and
56
00:03:19,760 --> 00:03:24,320
and we're about to do the 4th
one right now before this gets
57
00:03:24,320 --> 00:03:29,200
published next week I guess.
And so yeah great idea.
58
00:03:29,200 --> 00:03:31,720
We're going to continue doing
things like this calling on the
59
00:03:31,720 --> 00:03:35,520
sponsors For more information.
You know getting people who work
60
00:03:35,520 --> 00:03:38,520
for those sponsors to come in
and and talk to us not because
61
00:03:38,880 --> 00:03:41,520
we owe it to the sponsors or
anything but because they're all
62
00:03:41,520 --> 00:03:44,040
interesting people.
I mean if you think of who our
63
00:03:44,040 --> 00:03:48,400
sponsors are now you you've got
you know Eric Loder at ELATION
64
00:03:48,400 --> 00:03:51,560
and the rest of the people at
ELATION, Ben Saltzman at ACT and
65
00:03:51,560 --> 00:03:53,440
the rest of the people at ACT,
Mike Cannon.
66
00:03:53,440 --> 00:03:58,800
Everyone knows Mike Cannon, Dan
Anderson we had on or Daniel.
67
00:03:58,800 --> 00:04:03,160
Sorry, we had on this episode as
well.
68
00:04:03,160 --> 00:04:06,160
Great guy.
So yeah, I mean, we wanna hear
69
00:04:06,160 --> 00:04:10,160
from these people and it makes
for interesting chats.
70
00:04:10,880 --> 00:04:14,000
And to be honest with you from
these chats, I think we'll end
71
00:04:14,000 --> 00:04:18,480
up doing like a whole episode,
you know, because everyone's
72
00:04:18,480 --> 00:04:22,120
chat was so good and it wasn't
just about their businesses, it
73
00:04:22,120 --> 00:04:25,800
was about everything.
So you know what base for more?
74
00:04:25,920 --> 00:04:29,680
Well, there are loads more.
Well, I mean again as if you
75
00:04:29,680 --> 00:04:33,960
look at you know these chats
that you're about to hear here,
76
00:04:34,440 --> 00:04:38,000
you know basically roughly 20 to
30 minutes per company, four
77
00:04:38,000 --> 00:04:41,120
companies, very different
companies.
78
00:04:41,120 --> 00:04:44,320
Two are are what you would
probably call rental companies,
79
00:04:44,320 --> 00:04:47,240
one is a dry hire rental
company, very large, one main
80
00:04:47,240 --> 00:04:49,320
light.
The other one is a small
81
00:04:49,320 --> 00:04:55,920
regional rental company
primarily focused on commercial
82
00:04:55,920 --> 00:05:01,320
or industrial events, corporate
events and all just very, very
83
00:05:01,720 --> 00:05:04,960
different answers.
Two leading manufacturer slash
84
00:05:04,960 --> 00:05:09,400
distributors who are both you
know multi $100 million
85
00:05:09,400 --> 00:05:13,280
companies not small companies.
And so to get everyone's
86
00:05:13,320 --> 00:05:16,760
viewpoints is is just really
fantastic and I'm glad we shoved
87
00:05:16,760 --> 00:05:17,520
this all.
Into one.
88
00:05:17,520 --> 00:05:20,560
Episode.
You're forgetting Brad as well
89
00:05:20,600 --> 00:05:22,800
from Gearsource.
Yes, we do.
90
00:05:22,800 --> 00:05:25,440
Have the lovely.
Brad, I keep forgetting about
91
00:05:25,440 --> 00:05:26,640
Brad.
Yeah, there's five.
92
00:05:26,680 --> 00:05:29,040
Well, I try not to give too much
credit to Gearsource, even
93
00:05:29,040 --> 00:05:30,440
though it pays most of the
bills.
94
00:05:31,200 --> 00:05:34,320
Yeah, it pays most of the bills.
So yes, there is.
95
00:05:34,320 --> 00:05:37,080
Gearsource is our fifth sponsor.
I keep forgetting about them.
96
00:05:37,520 --> 00:05:40,800
So.
So yeah, I mean, let's let's
97
00:05:40,800 --> 00:05:42,080
just go ahead and get these
talks.
98
00:05:42,080 --> 00:05:48,920
Started Bye Sarah, Bye.
Well, hello there Mr. Eric.
99
00:05:48,920 --> 00:05:51,720
How are you?
I'm doing well, Marcel.
100
00:05:51,720 --> 00:05:53,200
How are you?
I'm great.
101
00:05:53,200 --> 00:05:54,240
Merry Christmas, buddy.
Merry.
102
00:05:54,880 --> 00:05:56,760
Christmas are.
We allowed to say that, Yeah,
103
00:05:56,760 --> 00:05:58,600
we're allowed to say that We're
both absolutely.
104
00:05:58,840 --> 00:06:00,760
We're both absolutely
Christians.
105
00:06:02,960 --> 00:06:05,960
How'd it go?
This is being recorded on what
106
00:06:05,960 --> 00:06:09,000
we Canadians and Europeans would
call Boxing Day.
107
00:06:09,960 --> 00:06:12,520
Well, I guess Brits too, because
they're no longer Europeans,
108
00:06:12,520 --> 00:06:16,080
supposedly, which I argue with
my girlfriend about that all the
109
00:06:16,080 --> 00:06:17,440
time.
By the way, she says no, we're
110
00:06:17,440 --> 00:06:20,560
still Europeans, we're just not
part of the EU.
111
00:06:20,560 --> 00:06:22,120
And I'm like, well, isn't that
Europe?
112
00:06:22,960 --> 00:06:26,040
But yeah, that one's it's.
Good Christmas.
113
00:06:26,360 --> 00:06:28,560
Christmas is good.
You know, it's different now
114
00:06:28,560 --> 00:06:30,960
when your kids get older.
You know, it's not as exciting
115
00:06:30,960 --> 00:06:34,800
as it used to be, but it's, you
know, just get good getting the
116
00:06:34,800 --> 00:06:36,560
family together.
You know, we're going to see the
117
00:06:36,560 --> 00:06:40,240
rest of our family for the years
and then, you know, I got to
118
00:06:40,240 --> 00:06:42,080
play golf, so that was always
fun.
119
00:06:42,400 --> 00:06:45,720
Well, there's a shocker.
How many rounds have you played
120
00:06:45,720 --> 00:06:48,800
since you closed up office?
No, just one.
121
00:06:48,800 --> 00:06:51,520
I actually, I hurt my back a
little bit yesterdays.
122
00:06:51,520 --> 00:06:53,600
But I did some therapy.
I feel better today.
123
00:06:53,600 --> 00:06:54,840
So.
I hurt my back.
124
00:06:54,840 --> 00:06:56,960
Every time I play golf, it's got
something.
125
00:06:56,960 --> 00:07:00,280
To do with swinging way too hard
and thinking I'm Tiger Woods.
126
00:07:02,520 --> 00:07:05,800
Yeah, and I don't think it was
the golf, but, you know, just
127
00:07:05,960 --> 00:07:08,760
get just getting old.
Yeah, yeah, it's hard, man.
128
00:07:08,760 --> 00:07:12,400
It's hard to do anything
anymore, like without tons of
129
00:07:12,400 --> 00:07:15,840
pre work and after work.
And you know, cuz like skiing.
130
00:07:15,840 --> 00:07:20,320
I've I've been skiing since I
was 7 to 8 years old I think,
131
00:07:20,840 --> 00:07:25,600
and I ski pretty well.
But now I'll do one or two runs
132
00:07:25,600 --> 00:07:28,240
and I'm dead.
I'm like ready for a hot tub,
133
00:07:28,360 --> 00:07:32,080
you know, and I don't know what
to do about it.
134
00:07:32,080 --> 00:07:35,400
Like, I guess I could do skiing
exercises for three months
135
00:07:35,400 --> 00:07:37,040
before I go skiing for three
days.
136
00:07:37,040 --> 00:07:40,360
But the problem is, most of the
friends that I ski with up in
137
00:07:40,360 --> 00:07:42,160
Canada, they ski 100 days a
year.
138
00:07:42,760 --> 00:07:45,160
I ski 4.
Can't keep up with them.
139
00:07:45,720 --> 00:07:47,320
Yeah.
No, you just, you don't have
140
00:07:47,320 --> 00:07:50,800
those muscles anymore, you know,
or or they just don't stay as
141
00:07:50,800 --> 00:07:53,200
fresh as they did when I was
younger, you know, like when I
142
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was even 40, I could, I could go
skiing three days a year and
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have no trouble.
Yeah, I'd be a little sore the
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second day or whatever, but I
get it, believe me.
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So you've got your daughter back
from England, from College in
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England.
So that's.
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Going to be cool, yeah.
Yeah, it's fun.
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It's, you know, she's doing
good.
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She's ready to, you know, into
her second semester, I guess the
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college or whatever there.
And it's exciting.
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So she's happy.
She's.
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Doing well.
And it's not like kicking her
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ass.
It's not.
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Like, no.
It's interesting actually, the
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load.
It seems like the first semester
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workload was very mild and they
kind of told her, listen, you're
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we're going to start you slow,
but second semester you just got
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two more classes and things
really pick up.
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So I think, I think it's good.
I like that that they start,
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especially when you're studying,
you know, internationally it's a
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lot, a lot of change, right.
So I think in general, I think
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for college kids coming in, you
know, they all like to party and
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go out and drink and do all that
stuff.
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So they get that out of their
system first semester and then
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OK, time to buckle down and.
She hasn't introduced you to her
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new British boyfriend yet or
anything.
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Not yet.
Not yet.
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That's good.
It's coming.
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It's coming.
Pop.
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I'm sorry, but it's coming.
All kids grow up, unfortunately.
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It's nice.
I I think we talked before we
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started recording or maybe just
when we started recording about
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how it's changed.
And you know, it's very much the
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same for me.
Like the present opening
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ceremony was very short.
And you know, then he's gone off
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driving his SIM in his room or
whatever and or dealing with his
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friends or something.
So yeah, it's just not the same.
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Used to be a whole day event.
Now it's 10 minutes and gone.
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Yeah, exactly.
Except for meals when they get
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hungry.
Yeah, I was going to ask you,
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and this is more to talk a
little bit about the industry
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and stuff, but I wanted to ask
you, I saw on social media
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recently the Saint Louis Arch
had been lit by some Proteus
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something or other Proteus.
Which one?
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Brutus Brutus.
By the way, have you listened to
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my bloopers yet?
Yeah, I listened to that you.
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I know you love our You Love our
Proteus series.
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Oh my God.
What you guys have to do is
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before sending me those promos,
read them out loud.
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Like just.
Read it, We say it, we say it
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every day, we say it every day.
So it's easy for us.
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So yeah.
Now these are there's a 7076
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Proteus Brutus Down permanently
installed at the Saint Louis
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Arch.
OK, they turned it on last week
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or yeah, maybe 10 days ago now.
And you remember Michael O'Keefe
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from TPI of?
Course so.
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He he did the project.
You know he a year ago he came
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to me and said, Eric, you got
this new life at 70,000 lumens
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and I think it'll work great on
this project.
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Can we do a mock up?
And I said sure.
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So in November we went and did a
mock up with six units last year
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and you know it showed it to the
committee that's in charge of
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the Gateway Arch and and the
designer and all that And they
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were impressed.
Yeah.
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So you know, as most things do,
it takes a while to get done.
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And yeah, finally got installed
and and it's, it looks great.
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So a couple questions.
One, I mean, I'm assuming that
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this became a much easier
solution than the alternatives,
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which you know, we both know in
the past would have been some
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sort of either Xenon or or you
know, metal halide or something
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that obviously wouldn't do some
of the cool things that you're
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doing.
And then Part 2 is what kind of
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cool things are you doing?
Like they're not just sitting
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stationary in white, are they?
Well, for now they are.
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00:11:48,400 --> 00:11:51,800
You know, it it because it's a
National Monument, it literally
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00:11:51,800 --> 00:11:55,880
takes an act of Congress to make
any change to how you light it.
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00:11:56,280 --> 00:11:58,680
Yeah.
So you know they have done
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different things in the history
they've they've lit the arch up
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00:12:01,120 --> 00:12:04,240
for years with different
technologies but and but they
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00:12:04,240 --> 00:12:06,480
would put they would put gels on
the lights or they would you
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know do different things.
But now you know, obviously you
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know LED's finally bright enough
to do this application and of
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course the lights can do a lot
more than what they're using
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them for.
But they have they have a lot of
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experience now having you know
maintained a lighting system
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there for however long they know
what works, what works and
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00:12:28,800 --> 00:12:30,520
doesn't.
And the fact that they are
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automated fixtures helps them
park them in a position where
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you know birds don't go on the
lens and you know, you know
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00:12:38,760 --> 00:12:43,760
vandals and and you know
exactly, you know vandals and
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different things.
So you know, I think they, you
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know, you know let's let's see
how it goes.
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But it's they'll be able to do a
bunch of cool stuff when you
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when they turn it on every
night, it actually fades up.
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You know they've controlled it
where it fades up and fills the
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arch in the 32nd time sequence.
So that's why that's cool.
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00:13:00,360 --> 00:13:02,640
For people that want to go there
and kind of watch it turn on,
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it's, you know, instead of just
kind of dimming up.
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00:13:05,120 --> 00:13:07,880
Yeah, I would.
Guess at some point that they
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will probably like allow
companies or people or
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00:13:14,080 --> 00:13:19,360
associations to like either bid
for or request color, you know
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pink for breast cancer and those
types of things.
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Yeah, I think national holidays
would be, you know, on the
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table, 4th of July, that kind of
stuff.
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00:13:28,000 --> 00:13:30,880
Yeah.
And you know maybe for certain
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causes I don't think they want,
I don't think they'll
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commercialize it necessarily,
but because it's a National
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Monument, but I think you know
the fact that they went from
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7000 Watt fixtures to 1200 Watt
fixtures, they're saving a lot
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of energy.
And you know, I think they, you
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know, they just the flexibility
they'll have at the system now
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is.
Yeah, well, I remember when I
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00:13:53,080 --> 00:13:55,920
provided an LED package to the
Miami tower.
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One of the earliest things that
started happening is accompanies
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00:14:01,800 --> 00:14:06,080
the Miami Dolphins like sports
franchises, movies.
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00:14:06,640 --> 00:14:09,960
So I remember Bad Boy, I think
it was Bad Boy Two or something.
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Wanted the building a certain
color for a certain scene of the
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movie, and they charged an
enormous amount of money to just
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like go think and change the
color of the entire building,
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right?
Yeah, it'll be interesting to
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see if like, you know, the Saint
Louis Blues or the Cardinals or,
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00:14:27,600 --> 00:14:30,960
you know, one of the one of the
sports teams will want to get it
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colored if they're in the World
Series or whatever.
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So, you know, we'll see what.
We'll see what happens.
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And it's exciting.
You know, it's one of those,
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it's one of those projects for
me that, you know, I was happy
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to be involved in the beginning.
Michael came to me.
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We've known Michael for 20 years
plus, I think we took him.
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00:14:46,600 --> 00:14:49,040
Did we take him to Denmark?
I don't remember.
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00:14:49,400 --> 00:14:52,640
I don't remember either.
But you know we've known Michael
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00:14:52,640 --> 00:14:56,000
a long time and that he the fact
that he came to me and and you
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00:14:56,000 --> 00:14:59,680
know my team, we went and did it
and we got the deal and the fact
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00:14:59,720 --> 00:15:00,200
that.
You have a.
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00:15:00,200 --> 00:15:03,280
Light called the Brutus probably
didn't hurt.
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Yeah, you know.
It needed to be.
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It needed to be a bright light.
Badass.
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Yeah, yeah, it needed to be
bright.
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How?
How tall is the like center
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00:15:12,960 --> 00:15:15,560
point of the arch?
Without going to Wikipedia, I
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think it's 650 feet or 600.
It's up there.
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00:15:19,520 --> 00:15:22,520
Yeah, it's tall.
And all the lights are mounted
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00:15:22,520 --> 00:15:25,960
underground in these kind of
pits that you know you have
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00:15:25,960 --> 00:15:28,960
access to and all that and
drainage and pump systems and
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all that.
So it's, it's pretty quick the
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00:15:30,920 --> 00:15:34,160
light shoot through these metal
grates and you know there's some
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00:15:34,160 --> 00:15:37,280
on the West side, I think
there's 48 fixtures on the West
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00:15:37,280 --> 00:15:40,600
side, the Saint Louis side of
the arch and then there's 2028
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00:15:40,600 --> 00:15:44,120
fixtures on the east side which
is the Illinois side of the
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00:15:45,520 --> 00:15:48,040
nation.
So pretty, pretty impressive,
290
00:15:48,440 --> 00:15:51,280
pretty impressive thing to see.
Yeah, that's very cool.
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00:15:51,280 --> 00:15:52,960
Congratulations.
That's a cool project.
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00:15:52,960 --> 00:15:55,200
I mean it, you know, we're
getting older.
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00:15:55,200 --> 00:15:57,760
It's one of those ones that you
look back and you go, I remember
294
00:15:57,760 --> 00:16:00,440
that, you know, and it'll pop up
in your memories every year on
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00:16:00,440 --> 00:16:04,040
Facebook and you'll post it
again, you know, I mean, anytime
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00:16:04,040 --> 00:16:08,400
you like that iconic a building
or a monument, especially like
297
00:16:08,400 --> 00:16:11,800
that one, that's proud moment,
that's bigger than just a job,
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00:16:11,920 --> 00:16:15,120
right.
You've sold bigger jobs than 72
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00:16:15,120 --> 00:16:18,280
lights, but probably not many
bigger than this from a
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00:16:18,280 --> 00:16:21,400
standpoint of, you know, just
what it means, right.
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00:16:21,400 --> 00:16:23,400
So it's cool, very cool.
Congrats.
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00:16:24,240 --> 00:16:29,280
So I just have, I have basically
a few questions that I'm sort of
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00:16:29,360 --> 00:16:33,120
asking everyone, all of our
sponsors.
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00:16:33,120 --> 00:16:35,720
So you're obviously first of
all, thank you very much for
305
00:16:35,720 --> 00:16:39,440
being one of our, probably our
very first, if not one of the
306
00:16:39,440 --> 00:16:44,280
first sponsors of our podcast
and stuck with us through thick
307
00:16:44,280 --> 00:16:46,800
and thin, through COVID, through
all kinds of things.
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00:16:46,800 --> 00:16:51,800
And we appreciate you.
We appreciate elation, and I
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00:16:51,800 --> 00:16:55,360
always enjoy having you on the
podcast, of course, even the one
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00:16:55,400 --> 00:16:59,120
time where you had to record it
twice in full on your 50th
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00:16:59,120 --> 00:17:00,800
birthday.
On my birthday, yeah.
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00:17:01,040 --> 00:17:02,960
Yeah, yeah.
Which I will never forget,
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00:17:03,000 --> 00:17:05,920
believe me.
You talk to me about stories
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00:17:05,920 --> 00:17:07,720
that I repeat, and that's
definitely one of them.
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00:17:07,720 --> 00:17:10,960
Because it sucked.
That was terrible.
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00:17:11,480 --> 00:17:19,119
So, yeah, but so Speaking of
2023, sort of the results in our
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00:17:19,119 --> 00:17:22,640
industry, like what what our
industry looked like, would you
318
00:17:22,640 --> 00:17:27,400
say that 2023 was better than
expected, worse than expected or
319
00:17:27,400 --> 00:17:31,920
as expected?
Well, I I don't think any of us
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00:17:31,920 --> 00:17:36,480
expected a lot of the events
that happened in 2023 going into
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00:17:36,480 --> 00:17:37,800
the year.
I think we were all very
322
00:17:37,800 --> 00:17:40,080
bullish.
You know 2022 I think for
323
00:17:40,080 --> 00:17:42,400
everybody was a record year
because of all the pent up
324
00:17:42,400 --> 00:17:47,080
demand because of you know the
shutdown and COVID and all that
325
00:17:48,400 --> 00:17:51,520
you know.
So 2022 is one of the the years
326
00:17:51,520 --> 00:17:54,320
that will be the new you know
it's going to be how do we get
327
00:17:54,320 --> 00:17:57,160
back to that level.
I think you know going forward
328
00:17:57,880 --> 00:17:59,520
because there was so much pent
up demand.
329
00:17:59,840 --> 00:18:01,880
I think we were all hopeful
going in we were all hopeful
330
00:18:01,880 --> 00:18:02,960
going to 20.
Oh, we have.
331
00:18:02,960 --> 00:18:06,040
We're going to grow 10%, twenty
percent 23.
332
00:18:06,760 --> 00:18:09,680
I mean I'd be surprised if if
many companies unless you had a
333
00:18:10,080 --> 00:18:13,560
standout product or finally got
to delivering to us, you know
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00:18:13,560 --> 00:18:16,040
maybe you didn't deliver as much
as you could in 22 and now
335
00:18:16,040 --> 00:18:20,440
you're delivering in 23.
But for us, I, you know I think
336
00:18:20,440 --> 00:18:23,320
we would have been happy to be
flat this year or up a little
337
00:18:23,320 --> 00:18:28,320
bit, you know and we are not,
we're just below that.
338
00:18:28,320 --> 00:18:30,560
But overall for us it's a good
year.
339
00:18:30,560 --> 00:18:34,920
So we can't, especially when you
consider, you know, there's two
340
00:18:34,920 --> 00:18:37,800
wars going on.
There's the the interest rates.
341
00:18:37,800 --> 00:18:41,040
There's We had the film TV
Strike, which was a big gut
342
00:18:41,040 --> 00:18:42,520
punch to a lot of our.
Industry.
343
00:18:42,520 --> 00:18:43,680
Yeah, we.
Forget.
344
00:18:43,840 --> 00:18:48,280
About some of ours, yeah.
You know the the, the, the
345
00:18:50,840 --> 00:18:53,640
manufacturers that really focus
on that market I think took a
346
00:18:53,640 --> 00:18:57,600
big hit this year and
fortunately elation we're pretty
347
00:18:57,600 --> 00:18:59,480
diversified into a lot of
different verticals.
348
00:18:59,480 --> 00:19:02,200
So yeah, it affected our
business, but.
349
00:19:02,200 --> 00:19:05,400
What about Ari?
Like with the timing of buying
350
00:19:05,400 --> 00:19:08,280
Clay Paki and then boom, all of
a sudden that happens.
351
00:19:10,000 --> 00:19:13,680
I mean it's definitely you have
to have a strong stomach to to
352
00:19:13,680 --> 00:19:16,120
weather.
I mean it's almost another COVID
353
00:19:16,120 --> 00:19:20,560
type event for that industry
because it shut down, it shut
354
00:19:20,560 --> 00:19:22,120
down and in.
Some sense worse.
355
00:19:22,440 --> 00:19:24,960
I mean, I don't know.
Like in some sense worse because
356
00:19:24,960 --> 00:19:27,760
it's completely shut down.
Yeah, Crazy.
357
00:19:28,120 --> 00:19:30,120
Well, there was, there was some
stuff still happening.
358
00:19:30,240 --> 00:19:32,320
I mean game shows and things
that didn't need a lot of
359
00:19:32,320 --> 00:19:35,520
scripts but the but the film
industry if they had a lot in
360
00:19:35,520 --> 00:19:37,880
the can from 22.
So I think, you know, that's why
361
00:19:37,880 --> 00:19:41,160
it lasted so long, but now
they're back and I think that'll
362
00:19:41,160 --> 00:19:44,520
help us next year.
You know, I think interest
363
00:19:44,520 --> 00:19:48,240
rates, you know, we, we expected
a lot of people to still invest
364
00:19:48,240 --> 00:19:49,920
in 23.
And I think the rental companies
365
00:19:49,920 --> 00:19:52,720
started to realize, whoa, you
know, money's money's a lot more
366
00:19:52,720 --> 00:19:55,560
now and we're just going to try
and use what we can.
367
00:19:55,560 --> 00:19:57,960
We're going to, you know, keep
our commitments on purchasing
368
00:19:57,960 --> 00:20:00,640
what we plan to purchase, but
we're not going to go crazy this
369
00:20:00,640 --> 00:20:06,880
year and buying, right?
Well, and add add to that, you
370
00:20:06,880 --> 00:20:08,960
know the fact that they had to
start paying back the cheap
371
00:20:08,960 --> 00:20:12,200
money that they got during
COVID, you know the timing was
372
00:20:12,320 --> 00:20:14,880
during this year that most
companies had to start paying
373
00:20:14,880 --> 00:20:17,960
that money back and there was a
lot of debt taken on by our
374
00:20:17,960 --> 00:20:21,200
industry at that time.
So, well, a lot of people, a lot
375
00:20:21,200 --> 00:20:24,800
of people had purchased in 22
for the 2023 tours, right?
376
00:20:24,800 --> 00:20:27,880
So a lot of, a lot of the buying
we saw last year was actually
377
00:20:27,880 --> 00:20:30,840
for business this year.
All the big stadium stadium
378
00:20:30,840 --> 00:20:33,120
tours that were out there that
had thankfully a lot of our
379
00:20:33,120 --> 00:20:36,480
lights on it, you know, that
stuff was bought in 22, So yeah.
380
00:20:37,200 --> 00:20:41,120
Yeah, I don't know.
Didn't Matthias or you or
381
00:20:41,120 --> 00:20:44,840
somebody see this all coming
with these crazy number of
382
00:20:44,840 --> 00:20:47,560
stadium shows?
Or was that just incredibly good
383
00:20:47,560 --> 00:20:51,720
luck that you happen to have an
outdoor very bright fixture?
384
00:20:52,840 --> 00:20:56,440
No, I mean, you know, design
designers, you know, came to us
385
00:20:56,440 --> 00:20:58,960
a few years ago and said listen,
you know, especially after
386
00:20:58,960 --> 00:21:00,840
COVID, more and more shows were
going outside.
387
00:21:00,840 --> 00:21:04,320
People felt more comfortable
going to shows outdoors.
388
00:21:04,920 --> 00:21:07,960
So because of our Proteus range
we knew that you know and we've
389
00:21:07,960 --> 00:21:13,600
seen a lot of success on Proteus
Maximus in 2021, well 20 not but
390
00:21:13,600 --> 00:21:18,520
2122 you know I think we we knew
that there was more appetite for
391
00:21:18,520 --> 00:21:23,280
big outdoor fixtures and you
know produce hybrid we launched
392
00:21:23,280 --> 00:21:27,720
in 2017 and you know what so
we've already been on the market
393
00:21:27,720 --> 00:21:29,600
for five years with that
product, had a lot of
394
00:21:29,600 --> 00:21:32,600
experience.
So we just grew that line, LED
395
00:21:32,720 --> 00:21:36,040
again, got bright enough to be
now you know in an outdoor
396
00:21:36,040 --> 00:21:39,760
fixture and you know we still
have discharge lamp.
397
00:21:39,920 --> 00:21:42,520
We just launched the Proteus
Hybrid Max, which is the
398
00:21:43,000 --> 00:21:46,440
evolution of Proteus Hybrid.
And you know, it's smaller, it's
399
00:21:46,440 --> 00:21:50,560
brighter, it's faster, it's less
money, you know, So the
400
00:21:50,560 --> 00:21:53,880
technology's caught up now, five
years later, six years later,
401
00:21:53,880 --> 00:21:58,200
almost that, you know, the
discharge lamps are still viable
402
00:21:58,200 --> 00:22:00,640
for being hybrid fixtures, but
everything else is LED.
403
00:22:00,800 --> 00:22:04,640
And you know, the tours, the
tours have benefited from it.
404
00:22:05,320 --> 00:22:08,280
Yeah, yeah.
That's.
405
00:22:08,280 --> 00:22:11,480
An interesting, interesting
point and I mean for sure
406
00:22:11,520 --> 00:22:17,360
elation went hard and heavy on
on IP stuff I think before
407
00:22:17,360 --> 00:22:20,360
pretty much anyone else did like
where you had sort of a full
408
00:22:20,360 --> 00:22:22,520
range of product before anybody
for moving.
409
00:22:22,520 --> 00:22:24,360
Heads, yeah, moving, moving
heads.
410
00:22:24,360 --> 00:22:27,000
I mean, you know, give credit
where credit's due.
411
00:22:27,000 --> 00:22:30,080
SGM was the first to push it
that envelope.
412
00:22:30,480 --> 00:22:33,600
Yeah.
But you know, I think we were
413
00:22:33,600 --> 00:22:36,760
able to we they were LED and it
wasn't bright enough so we went
414
00:22:36,760 --> 00:22:40,400
discharge and it was bright
enough and and we, you know that
415
00:22:40,400 --> 00:22:45,920
LED caught up.
So now moving on to 2024, same
416
00:22:45,920 --> 00:22:48,960
questions.
You know your expectations from
417
00:22:48,960 --> 00:22:52,080
the industry, not necessarily
relations business, 'cause I
418
00:22:52,080 --> 00:22:55,520
know that that might be secret
or whatever, but do you
419
00:22:55,520 --> 00:22:59,640
anticipate growth?
And if so, what sort of
420
00:22:59,640 --> 00:23:03,080
percentage is it going to grow
by 10 percent, 5%, whatever?
421
00:23:03,360 --> 00:23:07,840
Is it going to drop or is it
going to stay flat for next
422
00:23:07,840 --> 00:23:10,040
year?
I mean I think we're, we're
423
00:23:10,040 --> 00:23:13,080
targeting growth next year.
I think, you know, with interest
424
00:23:13,080 --> 00:23:17,040
rates supposedly starting to
come down, you know, it is an
425
00:23:17,040 --> 00:23:21,640
election year for us here in the
US It doesn't really affect the
426
00:23:21,640 --> 00:23:24,080
rest of the world, but I think
it'll be interesting year from
427
00:23:24,080 --> 00:23:30,040
that perspective.
There'll be a lot of, you know,
428
00:23:30,040 --> 00:23:33,520
money spent on that.
I think the TV film, the TV film
429
00:23:33,520 --> 00:23:36,560
business will be back.
You know, there's been a lot of
430
00:23:36,680 --> 00:23:38,640
investment coming into this
industry.
431
00:23:38,640 --> 00:23:42,800
If you follow, you know, the PIF
Saudi, you know they they
432
00:23:42,920 --> 00:23:45,280
they've invested into the live
golf or they've invested in the
433
00:23:45,280 --> 00:23:46,680
Live Nation.
They've invested in the
434
00:23:46,680 --> 00:23:48,480
entertainment.
I see, I see lots of lighting
435
00:23:48,480 --> 00:23:50,920
designers flying.
Lighting lighting designers are
436
00:23:50,920 --> 00:23:54,120
flying back and forth to Saudi
all the time from Europe or from
437
00:23:54,120 --> 00:23:56,360
the US.
So there's a lot of investment
438
00:23:56,360 --> 00:23:59,240
going on in entertainment.
So I I would expect the industry
439
00:23:59,240 --> 00:24:02,560
to do well in 24.
Yeah I that's another great
440
00:24:02,560 --> 00:24:10,040
point I have I've been in talks
with AUK based financier who is
441
00:24:10,040 --> 00:24:16,440
very anxious to invest in a
startup that I'm about to get
442
00:24:16,440 --> 00:24:21,880
started on here and we've been
talking a lot about specifically
443
00:24:21,880 --> 00:24:27,760
Saudis who are extremely excited
about the live event space and
444
00:24:27,880 --> 00:24:29,720
especially the technology side
of it.
445
00:24:30,160 --> 00:24:33,840
And so that's been an
interesting talk where they're
446
00:24:33,840 --> 00:24:37,160
just like you know hurry we want
to give you our money you know
447
00:24:37,160 --> 00:24:40,840
how much can we give you.
And of course you have to show
448
00:24:40,920 --> 00:24:44,440
good growth and everything else,
but they're very excited for our
449
00:24:44,440 --> 00:24:46,360
industry and that's a good sign
and.
450
00:24:46,360 --> 00:24:47,960
I.
Mean Look at the look at the F1
451
00:24:47,960 --> 00:24:50,400
thing in in Vegas.
You know, crazy.
452
00:24:51,040 --> 00:24:53,960
I mean Vegas is just
unbelievable, you know the the
453
00:24:53,960 --> 00:24:57,640
amount of growth that's going on
there and and it just you know
454
00:24:57,640 --> 00:25:00,360
doesn't seem to stop and the and
the city seems to be handling it
455
00:25:00,360 --> 00:25:04,560
pretty well.
Yeah, well, except for F1F1.
456
00:25:04,560 --> 00:25:07,440
Kind of broke the city for a few
few weeks.
457
00:25:08,360 --> 00:25:10,560
Yeah, but it'll be better next
year.
458
00:25:10,920 --> 00:25:12,800
Yeah, but that, that whole
sphere, the whole sphere
459
00:25:12,800 --> 00:25:15,360
project, I mean just everything
going on there that.
460
00:25:16,240 --> 00:25:18,960
Hey, Speaking of Speaking of
Live Nation, did you see the
461
00:25:18,960 --> 00:25:24,800
article Rapinoe with the I don't
remember the exact numbers, but
462
00:25:24,800 --> 00:25:29,320
he was talking about how artists
now have 10 million followers.
463
00:25:29,680 --> 00:25:33,120
And he says his job is easy
because all he has to do is sell
464
00:25:33,120 --> 00:25:36,920
tickets to 5% of those followers
and he sells out an entire tour.
465
00:25:37,440 --> 00:25:41,160
And I found that to be a really
interesting because that's where
466
00:25:41,160 --> 00:25:43,760
he's showing his growth is
coming from tapping harder into
467
00:25:43,760 --> 00:25:46,040
those artists social media
platforms.
468
00:25:47,720 --> 00:25:49,880
That's I haven't seen that
article, but that totally.
469
00:25:49,880 --> 00:25:51,320
I'll send it to you.
I'll send it to you.
470
00:25:51,320 --> 00:25:55,120
It's a really interesting
article, really interesting.
471
00:25:55,120 --> 00:25:57,880
I mean, and again, maybe they're
just looking for incremental
472
00:25:57,880 --> 00:25:59,280
growth or something, I don't
know.
473
00:25:59,280 --> 00:26:02,120
But but I never looked at it
like that.
474
00:26:02,120 --> 00:26:05,400
Like there's just so much more
capacity and there's such a
475
00:26:05,520 --> 00:26:10,480
hunger for live music.
And he also looks at it as
476
00:26:10,480 --> 00:26:12,840
streaming.
Being a part of that streaming
477
00:26:12,840 --> 00:26:17,160
plays a role but most people who
are following somebody on social
478
00:26:17,160 --> 00:26:19,840
media are really excited to get
out and see them live and and I
479
00:26:19,840 --> 00:26:22,400
think that's a good trend for
for our business as well.
480
00:26:22,720 --> 00:26:27,480
For sure.
And then finally, give me a
481
00:26:27,480 --> 00:26:30,320
prediction.
Give me, give me Eric's big, big
482
00:26:30,320 --> 00:26:33,600
thought for 2024.
A product trend to market trend,
483
00:26:33,600 --> 00:26:36,640
or even The Beatles or or Led
Zeppelin are getting back
484
00:26:36,640 --> 00:26:40,840
together and both of those bands
are going to run out of players,
485
00:26:40,840 --> 00:26:45,200
so they better hurry, I guess.
If ACDC can do it with like one
486
00:26:45,200 --> 00:26:50,320
or one or two originals,
probably Led Zeppelin and The
487
00:26:50,320 --> 00:26:53,200
Beatles could as well.
But so yeah.
488
00:26:54,280 --> 00:26:57,720
Anything.
Well, I think, I think, you
489
00:26:57,720 --> 00:27:00,640
know, I went to a show at a
House of Blues not too long ago
490
00:27:01,880 --> 00:27:05,720
and you know, I think the small
shows are going to come back.
491
00:27:05,720 --> 00:27:08,600
You know the piece because going
to a big stadium tour, you can
492
00:27:08,600 --> 00:27:11,760
only afford that you know once
twice a year kind of thing to
493
00:27:11,760 --> 00:27:13,920
take the whole family.
I but I think you can afford
494
00:27:13,920 --> 00:27:17,080
going to a house with smaller
venue shows I think are going to
495
00:27:17,080 --> 00:27:22,000
make a comeback this year and
it's you know lower cost for the
496
00:27:22,240 --> 00:27:24,360
production.
You know there's lots of
497
00:27:24,360 --> 00:27:26,560
benefits for these artists.
So I think you know that you've
498
00:27:26,560 --> 00:27:31,320
seen the casino shows, the the
indie casino tour bands and and
499
00:27:31,320 --> 00:27:35,000
all that kind of stuff the last
couple years and that's done
500
00:27:35,000 --> 00:27:39,240
well for us as you know also.
But I think the smaller venues,
501
00:27:40,160 --> 00:27:41,920
I think we'll see a a comeback
on those.
502
00:27:42,360 --> 00:27:46,120
The nightclub business, you
know, also has not been amazing
503
00:27:46,120 --> 00:27:50,360
the last few years and I think
we'll see some of that start to
504
00:27:50,360 --> 00:27:54,440
come back too.
The smaller shows I think have
505
00:27:54,440 --> 00:27:57,000
been happening, It's just we've
been paying so much attention to
506
00:27:57,000 --> 00:28:00,280
the big ones.
But you know, like as an
507
00:28:00,280 --> 00:28:02,960
example, the Hard Rock here,
which I guess would be a middle
508
00:28:02,960 --> 00:28:06,520
sized show, the the Hard Rock
Live or whatever it's called
509
00:28:06,520 --> 00:28:08,600
here, the live venue at at the
hotel.
510
00:28:10,480 --> 00:28:13,040
But that that place is booked
constantly.
511
00:28:13,040 --> 00:28:16,360
Like they're buying every artist
that comes anywhere near
512
00:28:16,360 --> 00:28:18,680
Florida.
They're buying it, and there
513
00:28:18,680 --> 00:28:23,840
might be 4 concerts a week in
that place sometimes and like
514
00:28:23,840 --> 00:28:25,640
more than I've ever seen at any
venue.
515
00:28:25,640 --> 00:28:28,360
So maybe that's a little larger
than what you're talking about.
516
00:28:28,360 --> 00:28:30,040
You're talking House of Blues
size?
517
00:28:30,120 --> 00:28:34,040
Yeah, I'm talking, yeah, 3000
and under small venues.
518
00:28:34,080 --> 00:28:36,120
I mean, that's where my daughter
want, my daughter wants to go
519
00:28:36,120 --> 00:28:37,880
see shows there.
She doesn't want to go see shows
520
00:28:37,880 --> 00:28:40,520
at the stadiums, you know.
I kind of agree with her.
521
00:28:40,600 --> 00:28:42,800
I'd much rather see a band in a
small venue.
522
00:28:43,040 --> 00:28:46,720
And the problem now is though
that it's such a cash grab for
523
00:28:46,720 --> 00:28:50,760
the bands to to do these 360
deals with Live Nation and and
524
00:28:50,840 --> 00:28:53,680
and do the bigger venues sell as
many tickets as you can as fast
525
00:28:53,680 --> 00:28:56,800
as you can And selling into a
smaller venue you're going to
526
00:28:56,800 --> 00:28:59,320
get the up and coming acts, the
new acts, which is probably
527
00:28:59,320 --> 00:29:01,000
what's more interesting for her
anyways.
528
00:29:01,040 --> 00:29:05,680
Yeah, but an up and coming back
act can explode so fast now with
529
00:29:05,680 --> 00:29:07,880
Spotify and, you know, all these
other channels.
530
00:29:10,040 --> 00:29:11,040
So it's.
Interesting.
531
00:29:11,160 --> 00:29:12,120
I think it'll be cool.
I.
532
00:29:12,160 --> 00:29:14,120
Think that'll be a trend.
And I.
533
00:29:14,120 --> 00:29:16,480
Mean I'm I'm excited.
I'm excited to see Van Halen.
534
00:29:16,480 --> 00:29:19,360
I'm excited, you know, to see if
some of the older bands get
535
00:29:19,360 --> 00:29:22,520
together and go out and and it's
gonna be cool.
536
00:29:22,720 --> 00:29:24,240
Oh, you mean the Sammy Hagar
one?
537
00:29:24,600 --> 00:29:27,320
Although they they got.
Kind of a gut punch with the
538
00:29:27,320 --> 00:29:30,000
whole I don't know if you saw
the Satury anything where he
539
00:29:30,000 --> 00:29:31,840
butchered.
What song was it?
540
00:29:31,840 --> 00:29:37,840
Unchained, I think, And and just
got slaughtered on social media
541
00:29:37,840 --> 00:29:40,960
for it, you know, everyone was
like, Oh my God, Joe, what are
542
00:29:40,960 --> 00:29:43,320
you doing to this song?
You've destroyed it.
543
00:29:43,600 --> 00:29:45,480
And he came out and
acknowledged, hey, I did a
544
00:29:45,480 --> 00:29:47,880
pretty bad job.
I'm back into guitar lessons
545
00:29:47,880 --> 00:29:50,480
now, figuring it out, you know.
Well, they're gonna rehearse.
546
00:29:50,480 --> 00:29:52,120
They're gonna rehearse and
Polish it for sure.
547
00:29:52,200 --> 00:29:54,600
Right.
Well, they did it live on like I
548
00:29:54,600 --> 00:29:56,400
think it was on Howard Stern or
something.
549
00:29:56,800 --> 00:29:59,880
And yeah, it just didn't go well
at all.
550
00:29:59,880 --> 00:30:04,920
So yeah.
I don't know if you know like
551
00:30:04,960 --> 00:30:06,960
*NSYNC is.
There's, there's about that and
552
00:30:07,360 --> 00:30:08,800
there's like fans that'll get
together.
553
00:30:09,960 --> 00:30:13,760
Interesting.
And bonus question, you know,
554
00:30:14,000 --> 00:30:16,640
not only have you been a sponsor
of ours since the very beginning
555
00:30:16,640 --> 00:30:18,280
of time, but you've been a
listener.
556
00:30:18,280 --> 00:30:20,680
I mean, you were one of the
first listeners too.
557
00:30:20,680 --> 00:30:24,960
You, you've always been very
kind about sharing your opinions
558
00:30:24,960 --> 00:30:26,880
with me, even when they're not
so kind.
559
00:30:27,320 --> 00:30:31,920
And I appreciate that, by the
way, but I I always have liked
560
00:30:31,920 --> 00:30:34,280
that you've got a long commute
to work.
561
00:30:34,520 --> 00:30:37,560
I'm sure you don't like it as
much as I do, but you often
562
00:30:37,560 --> 00:30:41,400
listen to the podcast and then
you'll either call me or send me
563
00:30:41,400 --> 00:30:43,520
a text when you get to your
office or something and you'll
564
00:30:43,520 --> 00:30:46,360
say, hey, this was really good.
I like this, I didn't like this
565
00:30:46,360 --> 00:30:50,160
or whatever.
Who would you like to see a
566
00:30:50,160 --> 00:30:52,920
spring on geezers of gear in
2024?
567
00:30:54,040 --> 00:30:57,960
Anyone.
Well, I mean, like we talked
568
00:30:57,960 --> 00:31:00,760
about Michael O'Keefe earlier,
he might be a good one to talk
569
00:31:00,760 --> 00:31:02,040
to.
He's been in the business a long
570
00:31:02,040 --> 00:31:05,400
time and he's kind of from a
different, a different part of
571
00:31:05,400 --> 00:31:08,680
our industry than the
rock'n'roll side that I think
572
00:31:08,680 --> 00:31:14,840
we, we tend to focus more on.
But I I think, yeah, I don't
573
00:31:14,840 --> 00:31:17,360
know, you know, I love hearing
designers.
574
00:31:17,360 --> 00:31:22,920
You know, the designers again,
you know, they they manage so
575
00:31:22,920 --> 00:31:29,960
much politics and relationships
and you know, not only with
576
00:31:29,960 --> 00:31:32,000
their customers but with their
vendors.
577
00:31:32,520 --> 00:31:35,640
And you know, I think the
designers really offer you.
578
00:31:35,680 --> 00:31:37,680
I'd love to hear more designers
for sure.
579
00:31:37,720 --> 00:31:39,440
I mean, I know that you've
always spoke trying.
580
00:31:39,600 --> 00:31:41,320
They're all so busy.
You know, that's one thing I
581
00:31:41,320 --> 00:31:45,400
will say about LDI this year was
I saw more designers this year
582
00:31:45,720 --> 00:31:48,480
than I've seen in a long time.
And I think it was the timing of
583
00:31:48,480 --> 00:31:51,760
the the, you know end of the
year but also maybe a Sunday,
584
00:31:51,760 --> 00:31:54,320
Monday, Tuesday, you know
Sunday, Monday, Tuesday.
585
00:31:54,920 --> 00:31:57,400
So I think that was the
designers really came to LDI
586
00:31:57,400 --> 00:31:59,960
this year and that was the best
part for me of of LDI this.
587
00:32:00,040 --> 00:32:01,120
Year.
I've heard they're booked for
588
00:32:01,120 --> 00:32:04,480
the same dates, or the same
basic weekend or whatever
589
00:32:04,480 --> 00:32:06,920
weekdays.
It's the following weekend, but
590
00:32:06,960 --> 00:32:09,240
yeah, it's a Sunday, Monday,
Tuesday, but it's the 8th, 9th,
591
00:32:09,240 --> 00:32:11,560
10th I think.
Don't quote me, but I think it's
592
00:32:11,560 --> 00:32:12,040
something.
Like that.
593
00:32:12,040 --> 00:32:15,440
I think you're right the. 3rd,
4th or 6th, 3rd, 4th whatever.
594
00:32:15,480 --> 00:32:17,040
It was.
No, I think, I think you're
595
00:32:17,040 --> 00:32:19,280
right.
I I hope they keep it there.
596
00:32:19,280 --> 00:32:21,080
I mean it it seems to be a
little easier.
597
00:32:21,080 --> 00:32:26,400
I always hated sort of that week
of Thanksgiving, actually, it
598
00:32:26,400 --> 00:32:29,080
worked out great for me because
I'd go straight from Vegas up to
599
00:32:29,080 --> 00:32:33,360
Canada and it was a really short
flight to get up to my house and
600
00:32:33,360 --> 00:32:36,800
I'd go skiing for a few days.
And it's not Thanksgiving in
601
00:32:36,800 --> 00:32:39,760
Canada at that time, so the ski
hills are empty.
602
00:32:40,040 --> 00:32:41,920
And so it worked out really
well.
603
00:32:43,520 --> 00:32:46,320
And most of the designers that,
you know are working so hard and
604
00:32:46,640 --> 00:32:49,000
people in production are working
so hard leading up to
605
00:32:49,000 --> 00:32:50,760
Thanksgiving and even into
Christmas.
606
00:32:50,760 --> 00:32:53,240
A lot of our, a few of our
customers couldn't come because
607
00:32:53,240 --> 00:32:54,440
they're doing big Christmas
shows.
608
00:32:54,440 --> 00:32:59,000
But you know, I think it's, it's
it's there's never a perfect
609
00:32:59,000 --> 00:33:01,160
time.
You got to, you know, you got to
610
00:33:01,160 --> 00:33:03,520
kind of just pick it.
And I think LDI is going to be
611
00:33:03,520 --> 00:33:05,680
in this time slot for a while
because of F1.
612
00:33:05,880 --> 00:33:10,040
Yeah, you're right.
If if you could help me give a
613
00:33:10,040 --> 00:33:13,360
nice little poke to Matthias
because he promised to come on
614
00:33:13,360 --> 00:33:16,640
and then he's always busy and I
know you keep him really busy,
615
00:33:16,640 --> 00:33:20,240
but I want to get him on.
I I think he's a brilliant guy.
616
00:33:20,240 --> 00:33:22,720
He's obviously somebody that
people would like to hear from.
617
00:33:22,920 --> 00:33:27,160
I've actually had people request
me to get Matthias on and so
618
00:33:27,160 --> 00:33:29,000
give him a poke.
Give him a poke.
619
00:33:29,040 --> 00:33:32,160
That's a. 2024 goal.
Yeah, yeah, I know.
620
00:33:32,160 --> 00:33:33,960
I'd love to get Matthias on.
I think it'd be really
621
00:33:33,960 --> 00:33:35,920
interesting.
Cool.
622
00:33:36,520 --> 00:33:40,360
Well, I appreciate you Eric and
and Merry Christmas, Happy New
623
00:33:40,360 --> 00:33:43,880
Year, all that stuff and
hopefully I get to see you soon
624
00:33:43,880 --> 00:33:45,400
too.
Thank you, Marcel.
625
00:33:45,480 --> 00:33:47,120
Let's do it.
All right, my friend.
626
00:33:47,480 --> 00:33:48,920
See ya.
Well, hey, Dan.
627
00:33:48,920 --> 00:33:51,280
How are you?
I'm doing well, Marcel.
628
00:33:51,280 --> 00:33:52,800
How about yourself?
I'm OK.
629
00:33:52,800 --> 00:33:55,120
Merry Christmas and merry.
Christmas to you.
630
00:33:55,760 --> 00:33:58,000
Before I screw it up, is it Dan
or Daniel?
631
00:33:58,000 --> 00:34:01,400
Cause I've seen both.
Daniel is preferred.
632
00:34:01,400 --> 00:34:04,640
My dad's name is Dan and I had a
best friend's name that was Dan
633
00:34:04,640 --> 00:34:07,320
and it just got confusing.
So Daniel works the best.
634
00:34:07,400 --> 00:34:10,360
Then forever you shall be known
as Daniel.
635
00:34:11,880 --> 00:34:16,480
Most people like you are are
pretty sort of meh about it.
636
00:34:16,480 --> 00:34:18,320
Like you don't really get upset
or.
637
00:34:18,320 --> 00:34:20,440
Anything.
I have a friend whose name is
638
00:34:20,440 --> 00:34:23,920
Michael, and God forbid I call
him Mike.
639
00:34:23,920 --> 00:34:26,040
I mean, it's like the end of the
Earth.
640
00:34:26,040 --> 00:34:27,840
He's like, I don't call you
Mark.
641
00:34:28,080 --> 00:34:32,400
I don't call, you know and I'm
like, OK, sorry you are Michael.
642
00:34:33,080 --> 00:34:35,080
That's right.
Forever ingrained as Michael.
643
00:34:35,080 --> 00:34:36,199
That's right.
Exactly.
644
00:34:36,239 --> 00:34:40,040
Well, I mean, believe it or not,
as much as I offend some people,
645
00:34:40,040 --> 00:34:45,320
I I try hard not to usually.
You know, I I, I generally try
646
00:34:45,320 --> 00:34:47,480
to call people by the name they
want.
647
00:34:47,480 --> 00:34:50,120
Unless we get into all those
pronouns and stuff, and then it
648
00:34:50,120 --> 00:34:55,600
gets a little weird.
But anyways, yeah, so good
649
00:34:55,600 --> 00:34:58,920
Christmas, presumably.
Absolutely, yeah.
650
00:34:59,280 --> 00:35:02,240
No complaints for me.
It's always kind of one of those
651
00:35:02,240 --> 00:35:05,360
times to rest and reset, but
you're always rushing around to
652
00:35:05,360 --> 00:35:07,720
see family.
So grateful for the opportunity
653
00:35:07,720 --> 00:35:09,680
to see family.
We did the little bit of a break
654
00:35:09,680 --> 00:35:13,120
and now we're diving into the
New Year celebration and into a
655
00:35:13,120 --> 00:35:15,000
great 2024.
Yeah.
656
00:35:15,000 --> 00:35:17,920
I mean our our industry, you
talk about that little break and
657
00:35:17,920 --> 00:35:21,760
our industry tries really hard
to check out at this time, but
658
00:35:21,760 --> 00:35:23,560
it's so hard.
I mean there's just so many
659
00:35:23,560 --> 00:35:26,080
things going on and we are in
the live event space, right.
660
00:35:26,080 --> 00:35:30,640
So but I know what like one of
the things I love and always
661
00:35:30,640 --> 00:35:35,880
have for my 30 plus years in
business about this time of year
662
00:35:35,880 --> 00:35:39,840
is sort of that reflection and
looking ahead planning and all
663
00:35:39,840 --> 00:35:42,120
of that stuff.
So you know it's a combination
664
00:35:42,120 --> 00:35:45,520
of looking backwards and looking
forward to see you know what
665
00:35:45,520 --> 00:35:48,560
what can we do better based on
what has happened in the past 12
666
00:35:48,560 --> 00:35:50,880
months.
And I know for my own business
667
00:35:50,880 --> 00:35:55,200
that's a long list.
So, so yeah, I'm I'm sure you're
668
00:35:55,200 --> 00:35:56,640
the same and we're going to hear
some of that.
669
00:35:56,640 --> 00:36:01,800
But before we do, so first of
all, thank you very much for
670
00:36:01,800 --> 00:36:03,320
being a sponsor of geezers of
gear.
671
00:36:03,320 --> 00:36:07,480
We appreciate you very much.
And I can tell you without
672
00:36:07,480 --> 00:36:11,200
sponsors I wouldn't be doing
this show because not because I
673
00:36:11,200 --> 00:36:14,280
make money from it, because I
certainly don't, but although
674
00:36:14,320 --> 00:36:19,880
I'd like to someday, but it does
cover the costs And you know,
675
00:36:19,880 --> 00:36:21,480
now we we.
Have.
676
00:36:22,280 --> 00:36:25,800
Second, mouth to feed, which
really is our first mouth to
677
00:36:25,800 --> 00:36:31,000
feed, which is Sarah.
And you know, Sarah has taken on
678
00:36:31,000 --> 00:36:32,360
a lot of the production, believe
it or not.
679
00:36:32,360 --> 00:36:34,520
I've done this entirely by
myself.
680
00:36:34,520 --> 00:36:41,120
I I upload, download, promote,
record, everything I had been
681
00:36:41,120 --> 00:36:45,440
doing by myself.
And so now Sarah has taken on, I
682
00:36:45,440 --> 00:36:47,680
don't know, 70% of that work.
And I do.
683
00:36:48,280 --> 00:36:51,040
I do the easy stuff like talking
to great people.
684
00:36:51,800 --> 00:36:55,160
So we do appreciate you, but
you're probably one of the
685
00:36:55,160 --> 00:36:57,760
lesser known sponsors that we
have.
686
00:36:58,520 --> 00:37:01,320
Give me a give me an elevator
pitch on who is Stratum?
687
00:37:01,320 --> 00:37:03,600
What do you do?
Absolutely.
688
00:37:03,640 --> 00:37:07,000
So we're a boutique production
company located in the Midwest,
689
00:37:07,000 --> 00:37:11,520
Lincoln NE specifically
primarily help event planners
690
00:37:11,520 --> 00:37:14,080
and meeting planners host
corporate events.
691
00:37:14,560 --> 00:37:18,800
We do a little bit as far as
venue management and live event
692
00:37:18,800 --> 00:37:21,320
music wise.
But primarily we stay in that
693
00:37:21,320 --> 00:37:24,000
corporate space really have a
passion for just partnering with
694
00:37:24,000 --> 00:37:28,000
people and helping them execute
memorable events that captivate,
695
00:37:28,160 --> 00:37:29,800
communicate and connect human
beings.
696
00:37:29,800 --> 00:37:32,680
Because at the end of the day, I
think that's really what we
697
00:37:32,880 --> 00:37:36,960
exist for in the event space.
If we can build a connection, if
698
00:37:36,960 --> 00:37:39,320
we can communicate a message
really, really well, or we if we
699
00:37:39,320 --> 00:37:42,720
can captivate an audience, I
think that that's really what we
700
00:37:42,720 --> 00:37:44,920
should all be driven by and
motivated by.
701
00:37:46,440 --> 00:37:48,680
I mean that's a great way to say
it.
702
00:37:48,680 --> 00:37:51,880
And you know, I guess one of the
things that surprises me a
703
00:37:51,880 --> 00:37:56,520
little bit, I didn't really know
that there was much of A
704
00:37:56,960 --> 00:38:00,240
corporate or convention business
in Nebraska.
705
00:38:00,600 --> 00:38:05,000
And so are you traveling outside
Nebraska a lot or is it really a
706
00:38:05,000 --> 00:38:08,840
vibrant market within Nebraska?
I mean I wouldn't call it
707
00:38:08,840 --> 00:38:10,440
vibrant.
I I would say it's growing.
708
00:38:10,440 --> 00:38:14,200
Lincoln is kind of known as the
the Silicon Prairie.
709
00:38:14,200 --> 00:38:16,800
There's a lot of startups here
that are doing well in the tech
710
00:38:16,800 --> 00:38:20,000
industry.
Omaha is just 50 miles down the
711
00:38:20,000 --> 00:38:22,000
road from us.
Omaha has a much more vibrant
712
00:38:22,000 --> 00:38:25,360
space, but we do well for for
ourselves in the area.
713
00:38:25,360 --> 00:38:29,160
We do travel quite a bit across
the United States, North America
714
00:38:29,160 --> 00:38:33,240
specifically, but by and large
most of our businesses probably
715
00:38:33,240 --> 00:38:37,280
within a day's drive of of
Lincoln and like I said, we just
716
00:38:37,600 --> 00:38:39,480
we love partnering with people
in the Midwest.
717
00:38:39,480 --> 00:38:41,720
We we align with a lot of those
values.
718
00:38:41,720 --> 00:38:46,160
We know that business model.
So being able to help and
719
00:38:46,160 --> 00:38:48,520
support people locally is
crucial for our business.
720
00:38:48,680 --> 00:38:53,520
Yeah, well, I I follow you on
socials and I can say that you
721
00:38:53,520 --> 00:38:57,120
do some amazing work from from
the pictures and articles I've
722
00:38:57,120 --> 00:39:02,880
read and stuff, and you also
have been very active on social
723
00:39:02,880 --> 00:39:06,840
media.
You also were a company that I
724
00:39:06,840 --> 00:39:12,320
noticed coming out of COVID just
seemed to have better ideas than
725
00:39:12,320 --> 00:39:16,120
a lot of other businesses who
sort of kind of creeped out of
726
00:39:16,120 --> 00:39:18,360
COVID.
You kind of went boom out of
727
00:39:18,360 --> 00:39:21,120
COVID and really seemed to have
a game plan.
728
00:39:21,760 --> 00:39:27,240
Was that by accident or?
I mean, I don't think anything's
729
00:39:27,240 --> 00:39:28,800
by accident.
I think that we really set
730
00:39:28,800 --> 00:39:31,280
ourselves up for success in
2020.
731
00:39:32,040 --> 00:39:34,880
This is something I I tell
people still to this day is I'm
732
00:39:34,880 --> 00:39:38,080
thankful for 2020.
As difficult as that was, as
733
00:39:38,080 --> 00:39:41,680
challenging as that was, it made
me a Better Business owner.
734
00:39:41,680 --> 00:39:45,160
It made me a better just overall
technician.
735
00:39:45,160 --> 00:39:46,960
There's so many good things that
have come out of that.
736
00:39:46,960 --> 00:39:50,360
Although it was a bad situation,
I think that we were able to
737
00:39:50,400 --> 00:39:53,760
actually grow our company
through that year, which is.
738
00:39:54,080 --> 00:39:55,520
Wow.
I mean, that's impressive.
739
00:39:55,640 --> 00:39:59,040
Yeah.
It's it's not a standard or a
740
00:39:59,040 --> 00:40:02,320
common thing that you hear.
So I think just applying a lot
741
00:40:02,320 --> 00:40:06,800
of intentionality to who we want
to service, having a good
742
00:40:06,800 --> 00:40:09,680
product or if not a great
product to be able to offer to
743
00:40:09,680 --> 00:40:12,440
somebody and just continue to
plan and move forward.
744
00:40:12,440 --> 00:40:16,480
I mean, I think a lot of what
2020 was spent for me
745
00:40:16,480 --> 00:40:20,520
specifically as the owner was.
Strategizing and building like,
746
00:40:20,520 --> 00:40:22,200
OK, this is going to end at some
point.
747
00:40:22,240 --> 00:40:25,120
It's How do we, how do we come
out of this and how do we not
748
00:40:25,120 --> 00:40:27,920
fall flat on our face in doing
that?
749
00:40:28,120 --> 00:40:32,280
Yeah, no, I I completely agree
and and I'm glad you said that
750
00:40:32,280 --> 00:40:35,880
because you know so many
companies, most companies in our
751
00:40:35,880 --> 00:40:38,920
industry will look back at 2020
and say, Oh my God, that was the
752
00:40:38,920 --> 00:40:41,480
worst time ever.
And, you know, one of the
753
00:40:41,480 --> 00:40:45,360
problems I had during that
period of time was with the
754
00:40:45,360 --> 00:40:47,400
people who just took it as
downtime.
755
00:40:47,920 --> 00:40:50,640
And, you know, I'm not judging
anyone.
756
00:40:50,640 --> 00:40:52,840
I'm not saying that's a bad
thing or whatever.
757
00:40:52,840 --> 00:40:57,680
But in my opinion, if you're a
business owner or a salesperson
758
00:40:57,680 --> 00:41:02,760
or a technician or a, you know,
a a programmer, board operator,
759
00:41:02,760 --> 00:41:07,760
whatever, upskill, you know, use
that time to learn another
760
00:41:07,760 --> 00:41:11,600
console, to learn another
language, to, you know, teach
761
00:41:11,600 --> 00:41:14,040
your children something,
whatever it is, but find
762
00:41:14,040 --> 00:41:19,440
something productive to do with
an incredible opportunity for a
763
00:41:19,440 --> 00:41:22,760
business that has no time to do
anything right.
764
00:41:22,760 --> 00:41:26,160
We're always busy.
And so you know you had this
765
00:41:26,160 --> 00:41:29,880
this sort of pocket of time
where you could do anything you
766
00:41:29,880 --> 00:41:35,160
wanted and so many people chose
you know Netflix and and
767
00:41:35,960 --> 00:41:40,240
honestly I just think that was
wasted time in that in that
768
00:41:40,600 --> 00:41:43,120
situation so.
Oh, I I would wholeheartedly
769
00:41:43,120 --> 00:41:44,480
agree.
I think the thing that was
770
00:41:45,160 --> 00:41:47,360
beautiful about what our
industry did in 2020 is that
771
00:41:47,360 --> 00:41:49,360
they a lot of the training
became free.
772
00:41:49,760 --> 00:41:51,920
There were so many resources put
out there.
773
00:41:51,920 --> 00:41:57,480
I mean the opportunity to learn
in that year was I mean the the
774
00:41:57,480 --> 00:42:00,800
risk tolerance or or the barrier
to entry was nothing.
775
00:42:00,800 --> 00:42:04,240
You didn't have to pay to go
learn how to program on a grand
776
00:42:04,240 --> 00:42:07,440
May because ACT waived those
fees for the year there were all
777
00:42:07,440 --> 00:42:10,320
of this free training.
So to your point, I think it is
778
00:42:10,320 --> 00:42:13,680
very interesting how a lot of
people did maybe neglect that
779
00:42:13,680 --> 00:42:19,240
downtime as, OK, let's take a
breath when they could have been
780
00:42:19,240 --> 00:42:23,280
utilizing some of that time to
just maybe sharpen their skills
781
00:42:23,280 --> 00:42:25,400
a little bit, yeah.
Yeah, absolutely.
782
00:42:25,400 --> 00:42:29,720
And how about using that time to
learn to break things or to
783
00:42:29,720 --> 00:42:33,400
fail?
Try things that you wouldn't try
784
00:42:33,400 --> 00:42:37,840
when you're slammed busy, but
now you can go out and try those
785
00:42:37,840 --> 00:42:40,440
things and nobody cares if you
fail at this point.
786
00:42:40,440 --> 00:42:42,840
Like, big deal.
You know, I tried something.
787
00:42:42,840 --> 00:42:45,480
I looked stupid.
Move on to the next thing.
788
00:42:45,480 --> 00:42:48,600
I know some really stupid ones
that I won't bring up right now,
789
00:42:48,600 --> 00:42:53,000
but there were some really weird
pivots and stuff that didn't do
790
00:42:53,000 --> 00:42:56,240
very well, and I'm sure those
people would look back and go,
791
00:42:56,240 --> 00:42:57,480
hey, you know what?
I tried something.
792
00:42:57,480 --> 00:43:00,040
It didn't work.
And that's how I look at it too,
793
00:43:00,040 --> 00:43:03,320
by the way.
So fast forwarding here a little
794
00:43:03,320 --> 00:43:07,520
bit, so you know I'm sure like
everyone else 20/21 was sort of
795
00:43:07,520 --> 00:43:11,160
that coming out year when when
business started coming back
796
00:43:11,160 --> 00:43:18,120
2022 went nuts and then 2023 you
know I would assume for your
797
00:43:18,120 --> 00:43:21,880
business was was similarly crazy
to 2022.
798
00:43:21,880 --> 00:43:26,600
And because you're so much more
focused on on corporate, it
799
00:43:26,600 --> 00:43:29,960
probably took a little bit
longer to get to that mayhem
800
00:43:29,960 --> 00:43:34,760
like concert touring and stuff
got real big in in 21 and 22.
801
00:43:35,160 --> 00:43:39,920
I think corporate took a little
longer to come out, right.
802
00:43:40,880 --> 00:43:43,160
Absolutely.
Yeah, I mean I think we we
803
00:43:43,160 --> 00:43:50,160
stabilized a lot more in 2023
than we did in 20/22/2022 was I
804
00:43:50,160 --> 00:43:56,560
mean revenue wise, I think we we
six had a multiple of 6 as far
805
00:43:56,560 --> 00:44:01,920
as growth revenue wise.
So that was an absolute crazy
806
00:44:01,920 --> 00:44:05,400
growth year for us.
And then this year we haven't
807
00:44:05,400 --> 00:44:07,560
seen that same growth.
We've we've seen growth but it's
808
00:44:07,560 --> 00:44:12,560
not been the the running and
gunning that we saw of 2022.
809
00:44:12,560 --> 00:44:16,240
So I think it it has taken more
time.
810
00:44:16,240 --> 00:44:19,640
I think people have kind of
levelled off as far as their
811
00:44:19,640 --> 00:44:22,440
desire to host events.
I think they're being more
812
00:44:22,440 --> 00:44:24,760
strategic about it.
I think that there's a lot of
813
00:44:24,760 --> 00:44:28,160
pieces that are being considered
now instead of, hey, let's just
814
00:44:28,160 --> 00:44:31,880
rush back to get people back in
a room, let's let's put some
815
00:44:31,880 --> 00:44:34,760
thought into this.
Whether that is the the concert
816
00:44:34,760 --> 00:44:37,240
and touring or the corporate
space.
817
00:44:37,240 --> 00:44:41,720
Both those spaces have, in my
opinion and my perspective, have
818
00:44:41,720 --> 00:44:46,000
taken a little bit of a
different stance this year as
819
00:44:46,000 --> 00:44:49,200
far as let's let's do this well,
let's get it out there, create
820
00:44:49,200 --> 00:44:52,400
something incredible instead of
just seeing how many arenas we
821
00:44:52,400 --> 00:44:54,280
can hit or how many ballrooms we
can fit in.
822
00:44:54,840 --> 00:44:57,800
Yeah.
So you know, and by the way,
823
00:44:57,800 --> 00:45:00,800
that's not uncommon.
You know what you just said,
824
00:45:00,800 --> 00:45:04,680
like I, I have spoken to many
companies who say that 23 was
825
00:45:04,680 --> 00:45:07,880
just crazy, a record year, you
know, biggest ever, blah, blah,
826
00:45:07,880 --> 00:45:10,840
blah.
But for the most part, people
827
00:45:10,840 --> 00:45:15,200
have said either we lost a
little bit off 22 or we gained a
828
00:45:15,200 --> 00:45:19,520
little bit on 22.
But it was a very similar year
829
00:45:19,520 --> 00:45:23,120
to 2022, except much more
organized and probably more
830
00:45:23,120 --> 00:45:24,640
profitable because you weren't
just.
831
00:45:25,040 --> 00:45:27,080
I don't care what it costs, we
got to get the gear.
832
00:45:27,080 --> 00:45:30,000
Here, I don't care what that guy
costs that I need on the show, I
833
00:45:30,000 --> 00:45:32,720
need a guy or I need 10 guys or
whatever, right?
834
00:45:32,840 --> 00:45:35,440
Exactly.
This, this year got a little
835
00:45:35,440 --> 00:45:40,080
more normalized, similar revenue
but normal, much more normalized
836
00:45:40,080 --> 00:45:42,520
from a standpoint of operations
and costs and stuff.
837
00:45:42,520 --> 00:45:48,480
But so as you were planning for
2023 and now as you look back on
838
00:45:48,480 --> 00:45:53,040
2023, would you say that it was
better than expected, worse than
839
00:45:53,040 --> 00:45:57,800
expected or as expected?
I think that there were a lot of
840
00:45:57,800 --> 00:46:01,080
moments in our company
specifically that show it as
841
00:46:01,080 --> 00:46:05,960
better as expected.
We were able to improve a lot of
842
00:46:05,960 --> 00:46:10,560
our process as a company and get
more of the right people
843
00:46:10,560 --> 00:46:13,720
ingrained into our company and
our culture that are going to in
844
00:46:13,720 --> 00:46:16,320
the end pay off for our end
users and our clients.
845
00:46:17,040 --> 00:46:21,560
So I think that that's a lot of
what we focused on and a lot of
846
00:46:21,600 --> 00:46:26,360
as I reflect back dollars matter
of course, but what about the
847
00:46:26,360 --> 00:46:30,880
process and the building, right.
I think that I take a little bit
848
00:46:30,880 --> 00:46:34,240
of a different philosophy to
building a company as far as I'm
849
00:46:34,240 --> 00:46:36,360
not so concerned about what was
done this year.
850
00:46:36,360 --> 00:46:40,040
While that's important, what
about building something so next
851
00:46:40,040 --> 00:46:42,280
year we can be incredible, the
year after that, the year after
852
00:46:42,280 --> 00:46:44,840
that, the year after that.
So I I think it's better than
853
00:46:44,840 --> 00:46:49,040
expected from my perspective in
a in a lot of different ways
854
00:46:49,040 --> 00:46:52,200
rather than revenue.
Yeah, that makes a lot of sense.
855
00:46:52,200 --> 00:46:55,000
I mean you're you're obviously
very focused on the quality of
856
00:46:55,000 --> 00:47:00,040
the product that you're putting
out and and that's that's also
857
00:47:00,040 --> 00:47:02,640
being growth focused.
You know like if we put out a
858
00:47:02,640 --> 00:47:06,680
great quality product, people
are going to use this more and
859
00:47:06,680 --> 00:47:10,680
and more into the future.
So you know whether it's your
860
00:47:10,680 --> 00:47:14,640
own business or the industry,
what would your 2024
861
00:47:14,640 --> 00:47:16,720
expectations be?
Would you, would you be
862
00:47:16,720 --> 00:47:20,360
expecting more growth, would you
expect things to drop a little
863
00:47:20,360 --> 00:47:25,240
bit or a lot and or just pretty
much to stay flat on on what
864
00:47:25,240 --> 00:47:28,960
happened in 2023?
I I mean some of the venues that
865
00:47:28,960 --> 00:47:33,760
we manage are booked way more in
2024 than they were in 2023.
866
00:47:33,760 --> 00:47:38,600
So I think that we are, I guess
we're anticipating a lot of
867
00:47:38,600 --> 00:47:43,440
growth again in 2024.
I think the, the thing that we
868
00:47:43,440 --> 00:47:47,920
have to maybe consider is we're
going into an election year
869
00:47:47,920 --> 00:47:51,440
which it doesn't matter where
you land on that, there's always
870
00:47:51,440 --> 00:47:55,320
turmoil and there's always some
risk involved with that.
871
00:47:55,320 --> 00:48:00,000
So I think early projections on
my side from just again my
872
00:48:00,000 --> 00:48:03,760
perspective and what we see is
that 2024 could be another big
873
00:48:03,760 --> 00:48:07,640
growth year for us specifically,
but I think that the industry as
874
00:48:07,640 --> 00:48:11,160
a whole could grow again.
I think 2023 was kind of that
875
00:48:11,160 --> 00:48:14,920
reset year, a lot of settling in
and now people are going to look
876
00:48:14,920 --> 00:48:18,280
at OK, how can we, how can we
engage and improve on what we've
877
00:48:18,280 --> 00:48:23,120
built upon and get out there
more and be just in the public
878
00:48:23,120 --> 00:48:25,200
eye more or or however that
looks.
879
00:48:25,440 --> 00:48:28,960
Yeah, 24 is is a real
interesting year, you know.
880
00:48:29,640 --> 00:48:33,520
And by interesting, I mean
screwed up because not not just
881
00:48:33,520 --> 00:48:38,440
the election but you know, the
potential of of recession, this
882
00:48:38,440 --> 00:48:41,240
looming recession that we've
been talking about for a year.
883
00:48:42,480 --> 00:48:46,120
But you know, geopolitical stuff
too.
884
00:48:46,120 --> 00:48:49,760
You know, I've been paying a lot
of attention to some of the
885
00:48:49,760 --> 00:48:53,280
things that are going on in
Europe and Asia and obviously
886
00:48:53,400 --> 00:48:56,000
two different wars that are
being battled right now.
887
00:48:56,360 --> 00:49:02,040
So you know that all has an
impact probably not so much on a
888
00:49:02,040 --> 00:49:06,120
local market like Lincoln NE.
But certainly for some of those
889
00:49:06,120 --> 00:49:09,640
companies that are that are
utilizing your services in that
890
00:49:09,640 --> 00:49:13,840
local market may be impacted
with their European offices or
891
00:49:13,840 --> 00:49:17,040
or somewhere else in the world
or freight costs or you know
892
00:49:17,040 --> 00:49:21,160
sort of that downstream effect
of having two wars and all kinds
893
00:49:21,160 --> 00:49:24,880
of political unrest and and
other issues going on in the
894
00:49:24,880 --> 00:49:27,280
world.
So.
895
00:49:28,000 --> 00:49:31,600
For 2024, give me a big
prediction and and anything you
896
00:49:31,600 --> 00:49:38,200
know, the Sky's going to fall.
You know, we're going to get our
897
00:49:38,200 --> 00:49:44,080
first woman president.
Yeah, You know, that's a really
898
00:49:44,080 --> 00:49:48,800
good question actually.
I mean, I to to the point of the
899
00:49:48,800 --> 00:49:51,560
looming recession, as
unfortunate as it is, as it is,
900
00:49:51,560 --> 00:49:53,720
I think that there's a lot of
that that's going to come into
901
00:49:53,720 --> 00:49:56,880
play in this next year.
So maybe the sky is going to
902
00:49:56,880 --> 00:49:59,040
fall.
I think, I think the key for a
903
00:49:59,040 --> 00:50:03,000
lot of people is to not focus on
that and to focus on improving
904
00:50:03,360 --> 00:50:06,360
what you can control, right.
I mean I think that that's a lot
905
00:50:06,360 --> 00:50:10,360
of the, the mistake that people
make is they're so concerned
906
00:50:10,360 --> 00:50:13,760
with what's outside.
And if they were to just take a
907
00:50:13,760 --> 00:50:17,480
moment and focus on how they can
improve their skills, I mean
908
00:50:17,480 --> 00:50:19,680
this carries over from the
conversation we just had a
909
00:50:19,680 --> 00:50:22,320
couple minutes ago.
If we could just improve and
910
00:50:22,320 --> 00:50:27,560
continue to focus, I think a lot
of things that I look at is if
911
00:50:27,560 --> 00:50:29,680
we talk about recession, I've
studied history a lot.
912
00:50:29,880 --> 00:50:34,160
If we go back to the 20s and
30s, the one thing that grew a
913
00:50:34,160 --> 00:50:38,240
lot was entertainment, right?
Because even even in a downturn,
914
00:50:38,240 --> 00:50:40,000
there has to be entertainment
involved.
915
00:50:40,400 --> 00:50:44,040
And I think so many people don't
look at that as an option and
916
00:50:44,040 --> 00:50:46,360
they just say they just want to
throw in the towel and be like,
917
00:50:46,360 --> 00:50:48,800
oh man, well, the sky is
falling.
918
00:50:49,600 --> 00:50:51,800
I better just call it quits too
instead of saying, no, there's
919
00:50:51,800 --> 00:50:55,920
an opportunity here.
How can we actually help people
920
00:50:56,080 --> 00:51:00,000
make it through this in a in a
way that makes them smile or or
921
00:51:00,000 --> 00:51:02,200
improves their life in in any
capacity?
922
00:51:02,200 --> 00:51:04,280
You're you're so right.
You know, and I, I've always
923
00:51:04,280 --> 00:51:08,960
said that like I I remember I've
been 20 years ago or more
924
00:51:08,960 --> 00:51:11,960
talking to people about the fact
that no matter what's happening
925
00:51:11,960 --> 00:51:14,040
in a local economy.
If the right.
926
00:51:14,400 --> 00:51:17,360
Show comes through or whatever
everyone's going and and I
927
00:51:17,360 --> 00:51:21,160
always used Mexico City as an
example like I remember and it
928
00:51:21,160 --> 00:51:25,120
had to probably be in the 90s or
something, which you know, I I
929
00:51:25,120 --> 00:51:27,800
don't know how old you are, but
probably not much older than
930
00:51:27,800 --> 00:51:32,400
that.
But Madonna did a concert in
931
00:51:32,400 --> 00:51:35,360
Mexico City and it was like
100,000 people.
932
00:51:35,880 --> 00:51:40,240
And these are people who don't
have nice cars, who don't make
933
00:51:40,240 --> 00:51:44,560
much money, who don't eat fancy
food or or whatever.
934
00:51:44,760 --> 00:51:47,080
But when it comes to
entertainment, you know, they'll
935
00:51:47,080 --> 00:51:50,200
buy a nice bottle of tequila and
they'll go to a Madonna concert.
936
00:51:50,600 --> 00:51:53,600
And it doesn't matter what it
costs, right?
937
00:51:53,600 --> 00:51:56,280
They just, they figure it out,
they find the money and they go
938
00:51:56,280 --> 00:51:58,280
and they entertain themselves,
you know?
939
00:51:58,400 --> 00:52:02,600
Absolutely.
I mean I think that that is such
940
00:52:02,600 --> 00:52:05,520
a a lasting truth that we can go
into this year for.
941
00:52:05,520 --> 00:52:09,440
And I I mean honestly I hope I'm
wrong because the impact of a a
942
00:52:10,080 --> 00:52:13,640
recession actually hitting.
I mean that's gonna, that could
943
00:52:13,640 --> 00:52:17,720
be ugly in a lot of ways.
But to to your point, if if the
944
00:52:17,720 --> 00:52:21,000
right show comes in, if you're
doing the right things, you're
945
00:52:21,000 --> 00:52:22,680
going to be able to entertain
people and you're going to be
946
00:52:22,680 --> 00:52:24,000
able to continue to move
forward.
947
00:52:24,120 --> 00:52:27,320
Even on the corporate stuff
though, that you do like, you
948
00:52:27,320 --> 00:52:30,960
know, when there's a recession,
a couple of things that can be
949
00:52:30,960 --> 00:52:35,280
positive also happen.
One is is that companies look to
950
00:52:35,280 --> 00:52:37,520
take other companies.
You know, lunch.
951
00:52:37,960 --> 00:52:39,920
And so.
They'll be out there, you know
952
00:52:39,920 --> 00:52:43,080
pawning their wares and and
making sure their team is dialed
953
00:52:43,080 --> 00:52:46,080
in and and they've shown their
latest products and everything.
954
00:52:47,400 --> 00:52:51,120
But but also you know, you're
just, you start focusing on
955
00:52:51,120 --> 00:52:55,600
what's most important to your
business specifically and you
956
00:52:55,600 --> 00:52:59,560
know building on those things
and yes, you know, certainly you
957
00:52:59,560 --> 00:53:02,560
can look at cutting budgets and
and going Oh my God, we better
958
00:53:02,560 --> 00:53:04,200
tighten our belt.
You know this is going to be a
959
00:53:04,200 --> 00:53:08,320
tough year and one of the first
things that go is, is marketing
960
00:53:08,320 --> 00:53:14,120
costs and things like you know,
meetings and and trade shows and
961
00:53:14,440 --> 00:53:19,160
all of those corporate sort of,
I don't know what you would call
962
00:53:19,160 --> 00:53:21,520
it voluntary expenses or
expenses that are not
963
00:53:21,520 --> 00:53:25,160
necessarily things that you
absolutely have to do, right.
964
00:53:26,120 --> 00:53:28,240
Right.
So well and I I think that there
965
00:53:28,240 --> 00:53:32,360
are some people that will do
just the opposite and see that
966
00:53:32,360 --> 00:53:34,120
as an opportunity to continue to
grow.
967
00:53:34,400 --> 00:53:37,160
And hey, we still need to go in,
engage with our client base, but
968
00:53:37,160 --> 00:53:38,440
let's just do it in a smarter
way.
969
00:53:38,440 --> 00:53:41,400
Let's instead of spending
$100,000 on AV, let's spend
970
00:53:41,400 --> 00:53:43,640
25,000 and get creative with
them.
971
00:53:43,840 --> 00:53:46,120
Yeah.
Any thoughts on like a
972
00:53:47,360 --> 00:53:51,880
prediction for a product trend
or a sort of something new
973
00:53:51,880 --> 00:53:53,880
that's going to come out that's
going to change the world?
974
00:53:56,640 --> 00:54:02,840
Man, I I don't even, yeah, I I
haven't had a lot of time to
975
00:54:02,840 --> 00:54:04,080
actually sit down and think
about that.
976
00:54:04,080 --> 00:54:06,400
I've been a busy business owner,
so there's there's not been a
977
00:54:06,400 --> 00:54:08,240
lot of, a lot of consideration
with that.
978
00:54:08,400 --> 00:54:11,880
I'm going to be interested to
see how immersive sound
979
00:54:11,880 --> 00:54:14,200
continues to evolve.
I think this year opening up
980
00:54:14,200 --> 00:54:18,280
this year and a lot of eyes
being focused on how that that
981
00:54:18,280 --> 00:54:19,880
works and that immersive
experience.
982
00:54:19,880 --> 00:54:22,600
I think more energy is going to
start to get pushed into that
983
00:54:22,600 --> 00:54:26,800
area.
Obviously I'm a lighting guide
984
00:54:26,800 --> 00:54:28,560
by trade.
That's kind of how I grew up
985
00:54:28,560 --> 00:54:32,000
into this industry.
So any new lighting fixtures
986
00:54:32,000 --> 00:54:34,280
that come out I I'm always
amazed by.
987
00:54:34,280 --> 00:54:36,720
But at the end of the day it's
still just a light with a lens
988
00:54:36,720 --> 00:54:38,960
at the end of it.
It just it's faster, it's
989
00:54:38,960 --> 00:54:40,320
brighter, it's whatever it may
be.
990
00:54:40,320 --> 00:54:44,240
So I did not make it to LDI this
year.
991
00:54:44,240 --> 00:54:47,200
We had a couple of more shows
that we.
992
00:54:47,680 --> 00:54:50,440
Yeah, there there, there was a
trend at LDII, wasn't there
993
00:54:50,480 --> 00:54:53,680
either, but I've talked to a lot
of people about it and one of
994
00:54:53,680 --> 00:54:59,480
the big trends is this lumens
per pound concept lights are
995
00:54:59,480 --> 00:55:02,320
getting smaller and lighter all
of a sudden.
996
00:55:02,320 --> 00:55:05,760
And so Martin came out with
something called the Mac One,
997
00:55:05,960 --> 00:55:09,400
which is like, I'm going to
probably misquote this, but I
998
00:55:09,400 --> 00:55:14,840
think it's £9, it's like 4 1/2
kilos or 4 kilos, 9 or 10 lbs.
999
00:55:16,080 --> 00:55:21,080
And oh God, I don't remember the
lumens, but it's it's bright
1000
00:55:21,080 --> 00:55:25,080
like, it's it's bright like a
Mac aura almost right, Really
1001
00:55:25,080 --> 00:55:27,520
nice, really nice features.
Tiny.
1002
00:55:27,520 --> 00:55:30,360
Like really, really tiny.
And they make this. 4 bar thing
1003
00:55:30,480 --> 00:55:32,320
that.
You can mount in all kinds of
1004
00:55:32,320 --> 00:55:35,640
different ways and really,
really cool and very
1005
00:55:35,640 --> 00:55:37,920
inexpensive.
Like something like 2 Grand
1006
00:55:37,920 --> 00:55:39,560
Retail for it, right?
Wow.
1007
00:55:39,800 --> 00:55:43,760
So those are gonna just sell by
the 10s of thousands because?
1008
00:55:43,760 --> 00:55:45,760
Yeah, they will.
For stuff like what you do, you
1009
00:55:45,760 --> 00:55:47,360
can pop lights in everywhere,
right?
1010
00:55:47,360 --> 00:55:51,240
And it's small, it's light, it's
easy, pretty painless.
1011
00:55:53,240 --> 00:55:56,560
A bunch of other companies did
similar things where they came
1012
00:55:56,560 --> 00:55:59,360
out with smaller fixtures that
are still really bright.
1013
00:55:59,920 --> 00:56:03,280
And so I see that as being a
continuing trend like we went
1014
00:56:03,280 --> 00:56:05,680
bigger and bigger and bigger and
bigger and bigger for a while.
1015
00:56:05,920 --> 00:56:10,520
It's got to be 50,000 lumens.
Ours is 75,000 lumens, you know,
1016
00:56:10,720 --> 00:56:12,520
and.
I mean, it's OK if you need to
1017
00:56:12,520 --> 00:56:16,160
light a building 2 miles away or
something, but you know, when,
1018
00:56:16,160 --> 00:56:19,240
when you're lighting a trade
show booth or a corporate
1019
00:56:19,240 --> 00:56:23,640
meeting or a ballroom or
something, you don't need 75,000
1020
00:56:23,640 --> 00:56:28,120
lumen fixtures, right?
You need reliable, small, easy.
1021
00:56:29,440 --> 00:56:32,320
And yeah, so I'm seeing a lot
more of that stuff.
1022
00:56:33,640 --> 00:56:35,960
Personally, I think there's
gonna be a lot more wireless
1023
00:56:35,960 --> 00:56:40,880
battery stuff coming out with
better batteries, longer life on
1024
00:56:40,880 --> 00:56:44,520
it, cuz life has been an issue.
And that fits into the trend of
1025
00:56:44,520 --> 00:56:47,960
smaller and less power and more
efficient and all that stuff.
1026
00:56:47,960 --> 00:56:51,840
So absolutely.
Yeah, last question.
1027
00:56:53,240 --> 00:56:56,480
So you're a sponsor you you
support this podcast.
1028
00:56:56,480 --> 00:56:59,160
Who would you like to see on it
that that either you've already
1029
00:56:59,160 --> 00:57:03,040
seen once and want them back, or
maybe somebody that you haven't
1030
00:57:03,040 --> 00:57:07,200
seen yet?
I'm pretty sure I I think it
1031
00:57:07,200 --> 00:57:10,440
might have been 2020.
So Christian Jackson is
1032
00:57:10,520 --> 00:57:13,760
actually.
I learned so much from his
1033
00:57:13,760 --> 00:57:15,440
YouTube channel when I first
started.
1034
00:57:16,040 --> 00:57:19,480
Much like this podcast, I think
that there's a a lot of lessons
1035
00:57:19,480 --> 00:57:23,800
that I were was able to take on
and learn by listening to this
1036
00:57:23,800 --> 00:57:25,720
podcast.
I think Christian Jackson is a
1037
00:57:26,040 --> 00:57:28,640
one of those people.
I mean he kind of flies under
1038
00:57:28,640 --> 00:57:32,000
the radar a little bit, but he
is such a incredible programmer
1039
00:57:32,000 --> 00:57:36,200
and more so he teaches so much
like he he's willing to share
1040
00:57:36,200 --> 00:57:40,240
his knowledge to to no end.
And I think that that would be
1041
00:57:40,240 --> 00:57:42,280
another interesting guest to
have on.
1042
00:57:42,600 --> 00:57:46,560
Well, and he's sort of the OG
YouTube in our industry too.
1043
00:57:46,560 --> 00:57:50,840
Like, nobody got into YouTube
and did what he's done and I
1044
00:57:50,840 --> 00:57:53,320
don't remember.
He's got like, I don't know,
1045
00:57:53,320 --> 00:57:55,720
100,000 followers or something
on YouTube.
1046
00:57:55,720 --> 00:57:58,640
It's crazy.
But yeah, that'd be a great one.
1047
00:57:58,640 --> 00:58:02,600
I I I wouldn't say I've
forgotten about Christian, but
1048
00:58:02,600 --> 00:58:05,240
when he came on he laughed
because he was, I think at that
1049
00:58:05,240 --> 00:58:07,840
time, the youngest person we'd
ever had on the podcast.
1050
00:58:08,920 --> 00:58:11,560
So now he's a little bit older.
We'll have to get him on again.
1051
00:58:12,720 --> 00:58:14,400
Absolutely.
Some more experience, some more
1052
00:58:14,400 --> 00:58:17,520
insight, he'll be able to add a
lot of value I think.
1053
00:58:17,640 --> 00:58:21,280
Yeah, How many shows you got to
do for for New Year's?
1054
00:58:23,160 --> 00:58:27,360
We actually only have three
shows for New Year's, so not not
1055
00:58:27,360 --> 00:58:31,240
anything crazy, but then we kick
off right in January with a lot
1056
00:58:31,240 --> 00:58:33,600
of larger corporate shows that
we do every year.
1057
00:58:33,600 --> 00:58:38,240
So it's kind of that breath and
we exhale as we go into New
1058
00:58:38,240 --> 00:58:42,040
Year's and then start sprinting
right away at the beginning of
1059
00:58:42,040 --> 00:58:43,520
January.
Rest is over.
1060
00:58:44,400 --> 00:58:45,880
That's right.
It is over.
1061
00:58:45,880 --> 00:58:47,960
It was good while it lasted.
Yeah.
1062
00:58:48,080 --> 00:58:51,240
Well, thank you, Daniel, so much
for taking a minute to do this
1063
00:58:51,240 --> 00:58:53,760
with me.
And again, we appreciate you
1064
00:58:53,760 --> 00:58:58,600
very much being a sponsor of
Geezers of Gear and look forward
1065
00:58:58,600 --> 00:59:00,320
to doing lots of cool stuff next
year too.
1066
00:59:01,160 --> 00:59:02,560
Absolutely.
Thank you so much for having me
1067
00:59:02,560 --> 00:59:04,280
on.
It's always a pleasure to be
1068
00:59:04,280 --> 00:59:06,800
able to chat with you.
Like I said, love supporting a
1069
00:59:06,800 --> 00:59:08,480
podcast that has given me so
much value.
1070
00:59:08,480 --> 00:59:10,600
So thank you.
I appreciate that.
1071
00:59:10,800 --> 00:59:12,960
All right my friend.
All right.
1072
00:59:12,960 --> 00:59:15,280
See ya.
Mr. Ben, how are you?
1073
00:59:16,320 --> 00:59:18,920
Hey, good morning or good
afternoon I suppose at this
1074
00:59:18,920 --> 00:59:20,720
point, right?
It is, yeah.
1075
00:59:20,960 --> 00:59:26,800
So Ben is actually recording
this with me on a Sunday and on
1076
00:59:26,800 --> 00:59:29,400
New Year's Eve.
So you're a, you're a superstar
1077
00:59:29,400 --> 00:59:31,000
for doing that.
We were actually going to record
1078
00:59:31,000 --> 00:59:34,840
during the week and Ben.
Had a bit of a blowout in his
1079
00:59:34,840 --> 00:59:38,120
home.
Well, fortunately, it wasn't my
1080
00:59:38,120 --> 00:59:42,000
home.
So I spent last week deep in the
1081
00:59:42,000 --> 00:59:47,440
heart of southwest Texas, where
my father-in-law lives in a town
1082
00:59:48,000 --> 00:59:50,920
small.
It's on the Guadalupe River and
1083
00:59:50,920 --> 00:59:54,200
it's such a small town that
there's no convenient hotels.
1084
00:59:54,520 --> 00:59:58,800
So when going to visit him, we
did a VRBO of AI call it a
1085
00:59:58,800 --> 01:00:00,840
fishing shack, but it was, you
know, it was a three bedroom
1086
01:00:00,880 --> 01:00:02,360
home to be.
Yeah, yeah.
1087
01:00:02,720 --> 01:00:05,480
Well, you know, single story, 3
bedroom home right on the
1088
01:00:05,480 --> 01:00:07,240
Guadalupe River.
It was very nice, part of a
1089
01:00:07,240 --> 01:00:13,200
compound so cold in Texas for
the past few days that the well
1090
01:00:13,200 --> 01:00:15,600
pump froze.
So we had no water when we.
1091
01:00:16,560 --> 01:00:17,760
What day is today?
Sunday, right.
1092
01:00:17,920 --> 01:00:21,440
So we had on Friday morning and
Saturday morning we had no water
1093
01:00:21,440 --> 01:00:26,720
in the house from, you know
probably sometime around 3:00 AM
1094
01:00:27,000 --> 01:00:30,480
until around 1:00 PM when it got
warm enough that the well pump
1095
01:00:30,480 --> 01:00:32,280
thawed and we had water again
for a while.
1096
01:00:32,520 --> 01:00:35,080
So.
So we had, I think we had
1097
01:00:35,080 --> 01:00:40,200
planned to do this on Friday and
it was just a bit too much while
1098
01:00:40,200 --> 01:00:42,720
trying to make sure.
No, I get it.
1099
01:00:43,160 --> 01:00:45,880
I get it completely, All those.
Exciting things you go through
1100
01:00:45,880 --> 01:00:46,680
at a time.
Yeah.
1101
01:00:47,200 --> 01:00:50,000
So thank you for your.
Flexibility and for delaying
1102
01:00:51,120 --> 01:00:55,880
you're you're you're watching of
I think is it Baltimore and
1103
01:00:55,880 --> 01:00:58,320
Miami coming up in 20 minutes.
It is, yeah.
1104
01:00:58,840 --> 01:01:02,200
It's a huge game, you know.
Yeah, really it's Whoever wins
1105
01:01:02,200 --> 01:01:07,000
this game leads the AFC and puts
themselves in a pretty good
1106
01:01:07,000 --> 01:01:09,320
position.
So it's a huge game.
1107
01:01:09,320 --> 01:01:13,400
And it's also MVP status.
Like basically people are saying
1108
01:01:13,400 --> 01:01:18,080
it's either Tua or it's Lamar
Jackson, whoever wins the game
1109
01:01:18,080 --> 01:01:20,360
kind of thing.
But we'll see.
1110
01:01:20,360 --> 01:01:22,680
I mean, I think it's gonna be an
interesting game, I think.
1111
01:01:22,840 --> 01:01:25,160
Exciting time for a South
Florida resident.
1112
01:01:25,480 --> 01:01:27,960
It really is for once.
I mean, we've got a hockey team
1113
01:01:27,960 --> 01:01:29,520
that's winning.
We've got a football team that's
1114
01:01:29,520 --> 01:01:31,400
winning.
I don't know anything about
1115
01:01:31,400 --> 01:01:33,640
baseball or soccer, so I
couldn't tell you what they're
1116
01:01:33,640 --> 01:01:34,640
doing.
The heat, I think.
1117
01:01:34,640 --> 01:01:36,120
Soccer.
I'm not sure, but.
1118
01:01:37,360 --> 01:01:39,760
Whether your soccer team is
winning or not, you certainly
1119
01:01:40,120 --> 01:01:42,960
have a ticket draw.
Yeah, yeah, no kidding.
1120
01:01:42,960 --> 01:01:46,520
Yeah, I mean, it's you know what
I I have.
1121
01:01:46,520 --> 01:01:48,280
Jersey sales aren't doing too
bad either.
1122
01:01:48,440 --> 01:01:52,280
I have a friend who who goes to
those games, the Inter,
1123
01:01:52,280 --> 01:01:56,400
whatever, it's called Inter,
Miami and he said ever since
1124
01:01:56,400 --> 01:02:01,920
they got him.
Tickets went from $40 to $400.00
1125
01:02:02,400 --> 01:02:06,280
and I'm like, wow, man, I like,
I didn't even know we had a
1126
01:02:06,280 --> 01:02:08,480
soccer crowd here.
But I guess with all the South
1127
01:02:08,480 --> 01:02:13,240
American people and stuff, we're
bound to, and all it took was
1128
01:02:13,240 --> 01:02:15,760
bringing in, you know, the.
Biggest player in the world or
1129
01:02:15,760 --> 01:02:16,880
whatever.
Arguably the.
1130
01:02:17,080 --> 01:02:19,560
Ownership group.
The player you got to go anyway.
1131
01:02:20,000 --> 01:02:21,360
Yeah.
No, it's interesting.
1132
01:02:21,640 --> 01:02:23,760
So before we get into it, I'm
just going to ask you 3
1133
01:02:23,760 --> 01:02:25,720
questions.
But before we get into that, I
1134
01:02:26,440 --> 01:02:30,960
first of all, I wanted to
applaud you for your leadership
1135
01:02:30,960 --> 01:02:37,320
and your, you know, just
stewardship of of just the
1136
01:02:37,320 --> 01:02:38,960
ideas.
And you know, I talked to you a
1137
01:02:38,960 --> 01:02:40,880
lot and stuff.
But the things that you've done
1138
01:02:40,880 --> 01:02:44,880
with ACT this year, you kind of
started the year telling me we
1139
01:02:44,880 --> 01:02:47,960
want to evolve a little bit.
We want to, we want to grow, we
1140
01:02:47,960 --> 01:02:49,560
want to do some things
differently.
1141
01:02:49,560 --> 01:02:51,800
We don't want to be known as a
lighting company.
1142
01:02:51,800 --> 01:02:53,600
You changed your name to ACT
Entertainment.
1143
01:02:53,600 --> 01:02:57,360
You've changed your logo and you
went out and got a huge audio
1144
01:02:57,360 --> 01:02:59,440
brand.
You, you've bought a couple of
1145
01:02:59,440 --> 01:03:03,400
companies that are sort of
outside the the sort of center
1146
01:03:03,400 --> 01:03:07,400
of of lighting and so I mean
it's been an incredible year for
1147
01:03:07,400 --> 01:03:10,360
ACT.
It's been an exciting time and I
1148
01:03:10,360 --> 01:03:12,800
have to applaud our team for
doing a great job.
1149
01:03:13,480 --> 01:03:17,800
As you mentioned, we began a
distribution agreement with PK
1150
01:03:17,800 --> 01:03:23,760
Sound and manufactured in your
hometown, Calgary AB.
1151
01:03:23,960 --> 01:03:26,320
All right, yeah, Calgary AB.
Sorry, I was trying to say
1152
01:03:26,320 --> 01:03:28,560
Calgary AB Cannon and I tripped
on my tongue there.
1153
01:03:30,040 --> 01:03:32,960
Yeah.
Anyway, so you know, great brand
1154
01:03:32,960 --> 01:03:36,480
Jeremy James and his group and
then Ralph Mastron Jello, who
1155
01:03:36,480 --> 01:03:39,000
joined us after a very a storied
career.
1156
01:03:39,640 --> 01:03:43,800
Ralph, those people where you
can walk into an arena anywhere
1157
01:03:44,160 --> 01:03:46,760
on the anywhere in the world and
he's going to know somebody from
1158
01:03:46,760 --> 01:03:49,960
the house.
He's an amazing guy and really
1159
01:03:49,960 --> 01:03:53,440
looking forward to you know we
we we began last year but it was
1160
01:03:53,440 --> 01:03:56,360
kind of a soft beginning.
We had them at LDI with us.
1161
01:03:56,640 --> 01:03:58,840
This is the year we're really
launching together and it's
1162
01:03:59,320 --> 01:04:01,800
really excited about that.
And then as you mentioned we
1163
01:04:01,800 --> 01:04:07,080
acquired TV One which is the
manufacturer of the TV One line
1164
01:04:07,080 --> 01:04:08,840
of products and also Green
Hippo.
1165
01:04:08,840 --> 01:04:14,280
So going to you know then I
think we finished that about 27
1166
01:04:14,280 --> 01:04:17,960
days ago, so again. 24 We're
we're, we're a very.
1167
01:04:17,960 --> 01:04:21,240
Different company going into
2024 than we were going into 20.
1168
01:04:21,240 --> 01:04:23,680
24 absolutely.
No, I mean you're you're these
1169
01:04:23,680 --> 01:04:26,720
are all really amazing moves.
I don't know much about TV One,
1170
01:04:27,200 --> 01:04:31,080
but you know Green Hippo
obviously a huge product line
1171
01:04:31,560 --> 01:04:36,400
and really great addition to you
know not only your your lighting
1172
01:04:36,400 --> 01:04:37,960
products but your control
products.
1173
01:04:37,960 --> 01:04:41,840
I mean obviously when you look
at MA and and Airton and a lot
1174
01:04:41,840 --> 01:04:43,400
of the other stuff that you
have.
1175
01:04:43,400 --> 01:04:45,360
MDG Robert Juliet.
Right.
1176
01:04:45,360 --> 01:04:50,200
But what's missing you know is
exactly what you went out and
1177
01:04:50,200 --> 01:04:52,840
got and and so no, I I think
it's excellent.
1178
01:04:52,840 --> 01:04:56,760
And so I guess some of this
stuff while PK specifically
1179
01:04:56,760 --> 01:04:59,720
probably ultimate support I
guess, which is also relatively.
1180
01:04:59,720 --> 01:05:03,040
New ultimate support was an
acquisition in 2022, yeah, yeah.
1181
01:05:03,520 --> 01:05:07,000
Oh, so I guess PK really they're
coming out party is is Nam.
1182
01:05:07,640 --> 01:05:08,920
Yeah, They'll be Nam.
They'll be.
1183
01:05:08,920 --> 01:05:09,760
I isn't.
Really.
1184
01:05:09,760 --> 01:05:12,160
An audio show, as much as some
people would argue it is.
1185
01:05:12,720 --> 01:05:17,400
We were together at AES in in
New York I think in November or
1186
01:05:17,400 --> 01:05:20,280
October, I can't remember.
But really, really Nam is the
1187
01:05:20,280 --> 01:05:24,400
coming out party.
We'll we'll have a play and have
1188
01:05:24,400 --> 01:05:25,960
our team there ready to talk to
people.
1189
01:05:26,200 --> 01:05:31,360
Really exciting.
So just to get into this, really
1190
01:05:31,360 --> 01:05:33,680
it's just three questions that
I'm looking at.
1191
01:05:33,680 --> 01:05:38,120
And so first for our industry,
you know, I know 20/22 was an
1192
01:05:38,120 --> 01:05:42,040
insane year.
Everyone that I spoke to record
1193
01:05:42,040 --> 01:05:45,400
years, you know, just absolutely
blew it up.
1194
01:05:45,400 --> 01:05:47,640
Biggest year they've ever had,
yadda yadda yadda.
1195
01:05:48,080 --> 01:05:52,200
And really most people were just
trying to get back to 2019
1196
01:05:52,200 --> 01:05:55,240
numbers and then all of a
sudden, you know it was just
1197
01:05:55,240 --> 01:05:57,960
this massive year.
I've heard from a lot of
1198
01:05:57,960 --> 01:06:00,760
companies, some who have
actually come on this interview
1199
01:06:00,760 --> 01:06:05,320
with me, but I've heard from a
lot of companies that 23
1200
01:06:05,840 --> 01:06:10,720
represented a bit of the same
but sort of a hangover to like
1201
01:06:10,960 --> 01:06:15,960
you know they expected to be 10
or 15% up or 20% up and and they
1202
01:06:15,960 --> 01:06:19,880
were 5% down or flat.
Yeah.
1203
01:06:20,440 --> 01:06:23,360
So you know give me, I'm not
asking for your sales, I know
1204
01:06:23,360 --> 01:06:26,800
you guys are a private company,
but you know your your outlook
1205
01:06:26,800 --> 01:06:30,280
on sort of the industry, what
2023 meant in the industry?
1206
01:06:30,320 --> 01:06:34,600
From a revenue standpoint?
I think 2023 was just a really
1207
01:06:34,600 --> 01:06:38,840
strange year and part of it,
part of it depended on
1208
01:06:39,000 --> 01:06:42,840
specifically where in the
industry you operate, right?
1209
01:06:42,920 --> 01:06:45,720
Obviously, we had what I refer
to as the Hollywood strikes,
1210
01:06:46,000 --> 01:06:50,240
right?
So you had the WGA and the the
1211
01:06:50,760 --> 01:06:54,920
the SAG strikes and so obviously
I say Hollywood not
1212
01:06:54,920 --> 01:06:57,720
geographically but the part of
the industry that records film
1213
01:06:57,720 --> 01:07:02,320
and TV.
You know, so any any rental
1214
01:07:02,320 --> 01:07:05,960
company or any event company
that had a had a not even a
1215
01:07:05,960 --> 01:07:09,680
concentration but let's say you
know I, I talk, you know I I was
1216
01:07:09,680 --> 01:07:13,920
talking to the CEO of one of the
top three rental companies and
1217
01:07:13,920 --> 01:07:17,560
he was saying you know 20% of
their business came from
1218
01:07:17,560 --> 01:07:20,040
Hollywood, right.
So you know think about think
1219
01:07:20,040 --> 01:07:23,760
about lopping 20% off of your
company and you know it was what
1220
01:07:23,760 --> 01:07:26,160
was it, it was May through
November, right.
1221
01:07:26,160 --> 01:07:30,000
So you know however many months
that isn't math you had that
1222
01:07:30,000 --> 01:07:33,680
much of the year where you know
for some people it was 20%, for
1223
01:07:33,680 --> 01:07:36,760
some people it was 99%, right.
So you had a, you had a lot of
1224
01:07:36,760 --> 01:07:39,320
strange, a lot of strange
things.
1225
01:07:39,320 --> 01:07:42,880
But then you had people who
maybe with a high concentration
1226
01:07:42,880 --> 01:07:45,720
in concert touring.
And I think 2023 was, you know,
1227
01:07:45,760 --> 01:07:50,360
the greatest concert touring
year in history until 2024,
1228
01:07:50,360 --> 01:07:52,320
which we're expecting.
You know, if you, you know, you
1229
01:07:52,320 --> 01:07:55,040
look at the data that Live
Nation is putting out and we
1230
01:07:55,040 --> 01:07:58,240
talked to our customers, you
know we we had a huge surge of
1231
01:07:58,240 --> 01:08:03,040
orders coming in right at the
end of the year, all looking for
1232
01:08:03,040 --> 01:08:06,040
delivery towards the end of the
first quarter, right.
1233
01:08:06,040 --> 01:08:08,840
So sometime in March we have,
yeah, I think there's not a
1234
01:08:08,840 --> 01:08:11,360
single rental company you can
pick up the phone and talk to
1235
01:08:11,360 --> 01:08:13,920
right now who's not going to
tell you they're booked for next
1236
01:08:13,920 --> 01:08:15,880
summer or they're booked for the
spring.
1237
01:08:16,479 --> 01:08:19,680
And I think those companies also
honestly did fairly well in
1238
01:08:19,680 --> 01:08:23,240
2023, right.
So you know sure for as you know
1239
01:08:23,240 --> 01:08:26,479
if I put on my manufacturer hat
for a second or I think about
1240
01:08:26,479 --> 01:08:29,439
the distribution area of our
business you know we're
1241
01:08:29,520 --> 01:08:33,920
obviously coming out of COVID.
There was a growth rate of you
1242
01:08:33,920 --> 01:08:38,279
know 300% or 500% or whatever it
was because our everything
1243
01:08:38,279 --> 01:08:41,160
dropped 50% going in you know
because of COVID right.
1244
01:08:41,160 --> 01:08:45,840
So you know the the the velocity
of that growth rate is you know
1245
01:08:45,840 --> 01:08:49,120
the end of the the industry is
not going to grow that much
1246
01:08:49,479 --> 01:08:53,080
again in any given year.
But we are definitely back to
1247
01:08:53,080 --> 01:08:56,120
what we consider a normalized
growth pattern whether that's
1248
01:08:56,120 --> 01:09:01,720
you know you look at 20, you
know 2012 ish to you know March
1249
01:09:01,720 --> 01:09:04,040
of 2020.
And I think if you smooth out
1250
01:09:04,040 --> 01:09:06,840
the curve of COVID, we've
actually beaten that.
1251
01:09:07,080 --> 01:09:10,560
The industry has beaten that
over the last, you know, 4 plus
1252
01:09:10,560 --> 01:09:13,319
years at this point.
And I no and it.
1253
01:09:13,520 --> 01:09:16,439
Would really expect that to
continue for you know again you
1254
01:09:16,439 --> 01:09:19,200
know I don't know that the
Hollywood strike ending is going
1255
01:09:19,200 --> 01:09:22,880
to cause you know I don't think
we're going to come storming out
1256
01:09:22,880 --> 01:09:24,960
of the gate.
But as though at that as that
1257
01:09:24,960 --> 01:09:27,600
industry starts to restart and
remember all those studios are
1258
01:09:27,600 --> 01:09:29,760
real estate companies now,
right, That's really what they
1259
01:09:30,359 --> 01:09:34,120
are you know So as that part of
the industry starts to restart
1260
01:09:34,120 --> 01:09:37,640
again and then you know again
put on the manufacturer hat for
1261
01:09:37,640 --> 01:09:39,960
a second you think about what's
going on in the rest of the
1262
01:09:39,960 --> 01:09:41,760
world, right.
And I, you know I know you
1263
01:09:41,760 --> 01:09:43,680
haven't you have a worldwide
audience, right.
1264
01:09:43,680 --> 01:09:48,160
We're we're very you know we're
we're very North American
1265
01:09:48,160 --> 01:09:50,800
centric in in the guest list
sometimes.
1266
01:09:50,800 --> 01:09:53,960
But I think you have a lot of
listeners, you know, if you look
1267
01:09:53,960 --> 01:09:57,720
at what's going on, you know, in
Saudi Arabia and other parts,
1268
01:09:57,760 --> 01:10:01,880
you know that that's that's
going to be a huge hot bun of
1269
01:10:01,880 --> 01:10:05,120
activity for the next.
Well, for the next I was.
1270
01:10:05,160 --> 01:10:07,400
Going to say for the next
decade, but probably for the
1271
01:10:07,400 --> 01:10:11,320
next forever, right?
So I think, I think anyone who's
1272
01:10:11,600 --> 01:10:15,360
manufacturing equipment, anyone
who's manufacturing
1273
01:10:15,360 --> 01:10:20,760
entertainment technology should
continue to be quite excited and
1274
01:10:20,760 --> 01:10:25,360
bullish about you know the
industry and the the, the growth
1275
01:10:25,360 --> 01:10:27,760
in the industry.
I I completely agree with you
1276
01:10:27,760 --> 01:10:30,800
and you mentioned Live Nation
and I've mentioned it many times
1277
01:10:30,800 --> 01:10:33,680
on here, but sure, but they have
this really cool approach where
1278
01:10:34,480 --> 01:10:39,160
Rapinoe put out an article
saying that that his his
1279
01:10:39,160 --> 01:10:43,440
customers or his artists
basically have 10 million
1280
01:10:43,440 --> 01:10:46,920
followers on social media.
All he has to do is sell tickets
1281
01:10:46,920 --> 01:10:52,040
to 5% of those people and you
know and he sells out a tour and
1282
01:10:52,040 --> 01:10:54,080
you know when you look at the
math like that it's pretty
1283
01:10:54,080 --> 01:10:55,760
incredible.
So what they're really trying to
1284
01:10:55,760 --> 01:11:01,200
do is start tapping you know
sort of multi multimedia type of
1285
01:11:01,200 --> 01:11:03,880
approach where you're you're
tying into the social media and
1286
01:11:03,880 --> 01:11:08,400
tying into you know between
streaming and and live events
1287
01:11:08,400 --> 01:11:09,680
and all of those different
things.
1288
01:11:09,680 --> 01:11:13,080
You're just kind of trying to
bunch it all and and have a have
1289
01:11:13,080 --> 01:11:15,000
a thread that goes.
Through the whole thing.
1290
01:11:15,000 --> 01:11:18,680
So it's pretty interesting.
It's it's, you know, I kept
1291
01:11:18,680 --> 01:11:23,360
thinking the bottom was going to
fall out a little bit and it
1292
01:11:23,360 --> 01:11:25,520
hasn't.
And now I've actually sort of
1293
01:11:25,520 --> 01:11:28,000
changed my opinion to where I
don't think it will.
1294
01:11:28,000 --> 01:11:30,480
I think there's a larger
appetite for live.
1295
01:11:30,480 --> 01:11:32,120
Events than what we're currently
feeling.
1296
01:11:32,680 --> 01:11:36,040
And it's huge.
You know, again, it's, you know,
1297
01:11:36,160 --> 01:11:40,600
we all if you wake up in the
morning and turn on the news,
1298
01:11:40,760 --> 01:11:42,360
right.
And I think that was another
1299
01:11:42,360 --> 01:11:47,360
part of the story of 2023 is we
certainly spent month.
1300
01:11:47,680 --> 01:11:50,640
I think thinking back, it feels
like it was the middle of the
1301
01:11:50,640 --> 01:11:55,480
year, right, where everyone, you
know, economists were doing
1302
01:11:55,480 --> 01:11:57,920
their best to convince us that
there was going to be a
1303
01:11:57,920 --> 01:11:59,280
recession.
Right.
1304
01:11:59,720 --> 01:12:03,080
The reality is there.
You know, we're we're still
1305
01:12:03,080 --> 01:12:06,240
waiting for the recession that
we've been promised for the last
1306
01:12:06,240 --> 01:12:10,480
three years, right.
And you know again I'm, I'm not
1307
01:12:10,480 --> 01:12:15,720
an economist, I, you know it's
it's way outside my purview and
1308
01:12:15,720 --> 01:12:18,200
area of expertise to understand
what's going on there.
1309
01:12:18,200 --> 01:12:22,720
But I think that had, I think
that had a real hangover on some
1310
01:12:22,720 --> 01:12:28,960
of the purchasing decision
making in our industry, right.
1311
01:12:28,960 --> 01:12:31,960
You know if you were, if you're
reading the news, July ish,
1312
01:12:32,000 --> 01:12:34,920
August ish, you know you just,
you really weren't feeling good
1313
01:12:34,920 --> 01:12:36,080
about waking up, right.
Yeah.
1314
01:12:37,040 --> 01:12:39,280
Well, I don't usually.
I personally, I don't usually
1315
01:12:39,280 --> 01:12:41,800
pay attention to it's a it's an
election year.
1316
01:12:41,800 --> 01:12:43,720
And all of those.
Types of things like I don't
1317
01:12:43,720 --> 01:12:45,720
think our industry.
Follows a lot of that stuff.
1318
01:12:46,120 --> 01:12:48,280
I'll tell you what's scaring the
shit out of me right now.
1319
01:12:48,280 --> 01:12:51,600
And you know, I follow some of
this geopolitics stuff because
1320
01:12:52,040 --> 01:12:56,560
my business really moves
equipment around the world.
1321
01:12:56,560 --> 01:12:58,800
Like we're not dealing with a
North American market.
1322
01:12:58,800 --> 01:13:02,000
We're dealing with Asian stuff
coming into North America, North
1323
01:13:02,000 --> 01:13:04,440
American stuff going into
Europe, etcetera.
1324
01:13:04,440 --> 01:13:07,600
We're moving stuff around.
And So what these hooties are
1325
01:13:07,600 --> 01:13:10,400
doing right now, like in the
Suez Canal and the Red Sea and
1326
01:13:10,400 --> 01:13:13,960
stuff is scaring the shit out of
me, You know, cuz like I've
1327
01:13:13,960 --> 01:13:18,080
already heard container prices
are already 3X between Asia and
1328
01:13:18,080 --> 01:13:22,240
Europe because they have to
travel like thousands of miles
1329
01:13:22,240 --> 01:13:24,360
additional.
And you know, they're they're.
1330
01:13:24,360 --> 01:13:26,560
Bringing and Ukraine is blocking
the trains.
1331
01:13:27,120 --> 01:13:28,320
Right.
Another problem.
1332
01:13:28,440 --> 01:13:31,480
Yeah.
So I mean this stuff definitely
1333
01:13:31,480 --> 01:13:36,560
has a cost and and you know if
you go back to freight shortages
1334
01:13:36,560 --> 01:13:40,040
and and these supply and demand
issues that we ran into in
1335
01:13:40,040 --> 01:13:42,680
2020-2021.
Yeah, you know.
1336
01:13:42,680 --> 01:13:45,000
That is, that's a beating on our
end.
1337
01:13:46,000 --> 01:13:48,520
Remember, I am.
I am literally the worst
1338
01:13:48,520 --> 01:13:50,280
predictor in the history of
time.
1339
01:13:50,280 --> 01:13:53,360
I'm the one who said COVID was a
90 day problem and we all needed
1340
01:13:53,360 --> 01:13:56,600
to focus on day 91, right?
I was right there with you,
1341
01:13:56,600 --> 01:13:57,880
buddy.
You know so.
1342
01:13:58,040 --> 01:14:00,280
I was as big a Jackass as you
were on that one.
1343
01:14:01,000 --> 01:14:02,640
Weisman thought it was a few
weeks.
1344
01:14:03,200 --> 01:14:04,960
Yeah, so.
He was even worse.
1345
01:14:05,400 --> 01:14:08,320
We tagged him somewhere.
No, I mean none of us.
1346
01:14:08,320 --> 01:14:10,280
Can predict this stuff.
You know, none of us can.
1347
01:14:10,280 --> 01:14:11,400
Predict this stuff.
You can just.
1348
01:14:11,800 --> 01:14:15,120
Sort of plan for for the worst
and and you know groove with the
1349
01:14:15,120 --> 01:14:19,240
best if you can so. 2024.
It.
1350
01:14:19,440 --> 01:14:23,920
It sounds to me like you're
expecting growth in 24, but
1351
01:14:23,920 --> 01:14:26,960
probably.
Regular growth like back to sort
1352
01:14:26,960 --> 01:14:32,480
of you know the 2017 to
20/18/2018 to 2019 like. 10%,
1353
01:14:32,760 --> 01:14:36,920
six percent, 8%, fifty, you
know, 6%, eight percent, 20%,
1354
01:14:36,920 --> 01:14:39,600
you know. 2300.
Percent whatever the number's
1355
01:14:39,600 --> 01:14:41,200
gonna be, the number's gonna be
right.
1356
01:14:41,200 --> 01:14:42,800
Yeah.
The market is growing.
1357
01:14:43,040 --> 01:14:46,280
There's more live events.
There's more installations that
1358
01:14:46,280 --> 01:14:49,680
need entertainment technology,
you know, there's there's all
1359
01:14:49,680 --> 01:14:52,120
kinds of, you know, there's
construction projects, there's
1360
01:14:52,200 --> 01:14:54,040
all kinds of things happening
around the world.
1361
01:14:54,400 --> 01:14:59,920
And you know that's only going
to continue as time goes on.
1362
01:15:00,320 --> 01:15:04,160
Yeah, you know on Wiseman
recorded a podcast which I think
1363
01:15:04,160 --> 01:15:05,640
comes out next week or
something.
1364
01:15:06,120 --> 01:15:10,440
And he was talking about
somebody in their finance team
1365
01:15:10,440 --> 01:15:12,640
or something coming in and
saying, you know John, we're
1366
01:15:12,640 --> 01:15:15,600
going to need you know, to add
another 12 million to the budget
1367
01:15:15,600 --> 01:15:18,280
next year or whatever.
You know, are you going to get
1368
01:15:18,280 --> 01:15:19,520
that?
Where, where are we going to get
1369
01:15:19,520 --> 01:15:20,480
that from?
And he's like.
1370
01:15:21,080 --> 01:15:23,880
Get the hell out of my office.
You know, just get out of my
1371
01:15:23,880 --> 01:15:26,280
office.
What's going to happen is going
1372
01:15:26,280 --> 01:15:28,040
to happen.
That's what's going to happen.
1373
01:15:28,040 --> 01:15:31,280
You know, I can't just pretend
that there's another 12 million
1374
01:15:31,280 --> 01:15:33,720
when I have no idea what's
what's coming.
1375
01:15:33,720 --> 01:15:34,920
You know, there could be another
war.
1376
01:15:34,920 --> 01:15:36,560
There could be 14.
Wars.
1377
01:15:36,560 --> 01:15:38,120
I have no idea.
So.
1378
01:15:39,080 --> 01:15:42,200
It's our job.
It's our job to try to predict
1379
01:15:42,200 --> 01:15:43,240
the future.
Yeah, right.
1380
01:15:43,640 --> 01:15:47,240
I mean, I'll tell you what if we
do, if you came within, you
1381
01:15:47,240 --> 01:15:51,480
know, 10 or 12% of your forecast
this year of of your budgeted
1382
01:15:51,480 --> 01:15:54,920
forecast this year, I think,
damn, you did good.
1383
01:15:55,200 --> 01:15:58,360
You know, and I've talked to a
lot of people who have and I've
1384
01:15:58,360 --> 01:16:01,600
talked to some people who were
wildly off either direction,
1385
01:16:01,600 --> 01:16:03,040
like they thought they were
going to lose money and they
1386
01:16:03,040 --> 01:16:04,400
made money.
So.
1387
01:16:05,600 --> 01:16:08,840
So yeah, and give me a big
prediction.
1388
01:16:09,000 --> 01:16:12,440
Give me a big bold prediction.
It could be somebody who's going
1389
01:16:12,440 --> 01:16:17,000
to dust off their retirement,
you know, stuff and and come
1390
01:16:17,000 --> 01:16:19,440
back out and tour.
It could be a market trend,
1391
01:16:19,440 --> 01:16:22,840
product trend.
What are you thinking?
1392
01:16:23,240 --> 01:16:25,440
Something wild?
COVID is a 90 day problem.
1393
01:16:25,440 --> 01:16:28,320
That's my prediction.
I've sworn off predictions.
1394
01:16:28,880 --> 01:16:31,040
I've sworn off predictions.
Sworn off predictions.
1395
01:16:31,400 --> 01:16:35,960
Yeah, you know, I think the
world is going to adopt
1396
01:16:37,200 --> 01:16:40,200
automated line array systems
that move in the air.
1397
01:16:40,680 --> 01:16:43,120
And you don't have to drop them
to reposition them.
1398
01:16:43,600 --> 01:16:45,600
I'm the world's huge fan of your
prediction.
1399
01:16:45,920 --> 01:16:47,760
There you go.
There you go.
1400
01:16:47,840 --> 01:16:49,600
You can pay me later.
There you go.
1401
01:16:50,000 --> 01:16:52,080
And so, bonus question.
Give me a guest.
1402
01:16:52,080 --> 01:16:56,240
I should get on this podcast.
Oh, wow.
1403
01:16:56,320 --> 01:16:58,040
I wasn't prepared for that
question.
1404
01:16:58,360 --> 01:17:00,800
Yeah, right.
Well, I'm finally old enough to
1405
01:17:00,800 --> 01:17:03,000
be a geezer, so.
Yeah, yeah.
1406
01:17:03,920 --> 01:17:05,840
We should do another one and
just talk.
1407
01:17:05,840 --> 01:17:08,200
A little about what's wrong,
Think about that and I will send
1408
01:17:08,240 --> 01:17:10,280
you an e-mail.
Well, that's no good for a
1409
01:17:10,280 --> 01:17:12,040
podcast.
What doesn't e-mail do to the
1410
01:17:12,040 --> 01:17:14,280
people who are sitting here
listening to this going Why
1411
01:17:14,280 --> 01:17:17,320
can't Ben come up with a name?
It gives them something more.
1412
01:17:17,520 --> 01:17:19,440
It gives them something more
interesting to think about.
1413
01:17:19,480 --> 01:17:23,040
How about Ralph?
OK, it's a good idea.
1414
01:17:23,040 --> 01:17:23,920
It's.
A good idea.
1415
01:17:24,120 --> 01:17:26,120
Love to get Ralph on that would
be fun.
1416
01:17:26,320 --> 01:17:28,400
And we don't even have to talk
about ma consoles.
1417
01:17:28,400 --> 01:17:32,800
We can talk about art,
photographs, cars, race cars,
1418
01:17:32,960 --> 01:17:34,640
racing drivers.
I don't care.
1419
01:17:34,720 --> 01:17:35,720
I'll give them a call and I'll
see.
1420
01:17:36,200 --> 01:17:38,000
All right.
All right, my friend.
1421
01:17:38,000 --> 01:17:40,320
Well, happy New Year to you.
I appreciate you taking the time
1422
01:17:40,320 --> 01:17:43,560
out on a Sunday on New Year's
Eve to do this and.
1423
01:17:43,560 --> 01:17:45,040
Happy New Year to you as well
and.
1424
01:17:45,680 --> 01:17:47,520
Hope you get to shower before
you eat tonight.
1425
01:17:50,640 --> 01:17:53,320
Yeah, yeah, no, I appreciate it,
buddy.
1426
01:17:53,960 --> 01:17:56,840
All right.
Have an amazing time and and
1427
01:17:56,840 --> 01:17:59,040
we'll chat next year.
All right.
1428
01:17:59,040 --> 01:17:59,720
Stay safe.
Enjoy it.
1429
01:17:59,720 --> 01:18:00,160
See you, pal.
Bye.
1430
01:18:01,360 --> 01:18:05,280
In the enviable position of
being in the same company I am
1431
01:18:05,280 --> 01:18:06,840
and I can't answer my own
questions.
1432
01:18:06,840 --> 01:18:12,000
So seeing that you're the next
in command you can you can be
1433
01:18:12,000 --> 01:18:14,120
the one who's up to bad and
answering these.
1434
01:18:14,120 --> 01:18:18,040
So it's going to be funny asking
questions about you know your
1435
01:18:18,040 --> 01:18:23,200
viewpoints of our company when
I'm in the company every day.
1436
01:18:23,200 --> 01:18:26,360
So, you know, maybe the
questions that I'm going to ask
1437
01:18:26,360 --> 01:18:30,800
you, which are going to be more
related to, you know, of how the
1438
01:18:30,800 --> 01:18:33,280
industry's doing and stuff,
let's maybe keep them more
1439
01:18:33,280 --> 01:18:36,640
industry related, not
necessarily specific to gear
1440
01:18:36,640 --> 01:18:41,480
source, but I mean aside from
that, so we're recording this.
1441
01:18:41,480 --> 01:18:44,400
People are going to hear this a
couple days after Christmas at
1442
01:18:44,400 --> 01:18:45,960
least.
I mean the people who hear it
1443
01:18:45,960 --> 01:18:48,200
the first day are going to hear
it a couple days after Christmas
1444
01:18:48,520 --> 01:18:51,280
and then obviously in
perpetuity.
1445
01:18:51,280 --> 01:18:54,680
But as we're recording it, we're
a couple of days before
1446
01:18:54,680 --> 01:18:58,800
Christmas right now.
And so I think you're traveling,
1447
01:18:58,800 --> 01:19:01,720
right?
For the holiday I am, I'm, I'm
1448
01:19:01,720 --> 01:19:03,040
doing a lot of traveling
actually.
1449
01:19:03,040 --> 01:19:05,680
I'm driving down.
I live in Northern California,
1450
01:19:05,960 --> 01:19:09,400
so we're driving down with my
family and my dogs to Los
1451
01:19:09,400 --> 01:19:12,400
Angeles to hang out with my in
laws for a couple of days.
1452
01:19:12,400 --> 01:19:15,040
And then from there, we're
flying to Denver to hang out
1453
01:19:15,040 --> 01:19:20,400
with my family for a few days
and then flying back to LA and
1454
01:19:20,400 --> 01:19:22,480
driving back up.
Holy shite.
1455
01:19:23,120 --> 01:19:25,240
Yeah, lots of fun.
That's a lot.
1456
01:19:25,680 --> 01:19:27,920
You know, you got this thing
called Southwest Airlines,
1457
01:19:27,920 --> 01:19:29,360
right?
You can get from like Northern
1458
01:19:29,360 --> 01:19:31,000
California to Southern
California.
1459
01:19:31,000 --> 01:19:34,520
It's really fast.
You can, but then you can't take
1460
01:19:34,520 --> 01:19:36,800
the dogs and then I have to put
them in.
1461
01:19:36,880 --> 01:19:38,960
I have to board them or do
something with them.
1462
01:19:39,240 --> 01:19:41,840
We have some friends here that
typically would watch them, but
1463
01:19:42,040 --> 01:19:43,520
they're not going to be here for
the holidays.
1464
01:19:43,520 --> 01:19:45,600
So we have to.
We're taking them with them.
1465
01:19:45,840 --> 01:19:48,360
That's a lot to ask people over
the holidays, like, yes.
1466
01:19:48,360 --> 01:19:51,520
Hey, do you mind walking my dogs
and feeding them every day and
1467
01:19:51,520 --> 01:19:53,680
stuff?
Don't you live on a bunch of
1468
01:19:53,680 --> 01:19:55,440
land though?
Can't you just let them loose
1469
01:19:55,440 --> 01:19:57,000
and they can go out and?
Well, that's what they do.
1470
01:19:57,000 --> 01:19:59,680
And the people that watch us
watch them are actually they
1471
01:19:59,680 --> 01:20:02,760
live on in our guest house on
our property and they also have
1472
01:20:02,760 --> 01:20:04,520
a dog.
So it's kind of a back and
1473
01:20:04,520 --> 01:20:05,760
forth.
So it wouldn't be a huge deal
1474
01:20:05,760 --> 01:20:06,800
for them if they were.
Around.
1475
01:20:06,800 --> 01:20:11,840
But yeah, they're going away.
Yeah, they were probably like,
1476
01:20:11,880 --> 01:20:13,240
you know, we were going to ask
you.
1477
01:20:17,440 --> 01:20:19,680
So yeah, I mean, that's fine.
I'm.
1478
01:20:19,680 --> 01:20:23,600
I'm actually boring as hell
staying at home and having a
1479
01:20:23,600 --> 01:20:25,880
whole bunch of family over.
So we're cooking up a storm.
1480
01:20:25,880 --> 01:20:30,120
And today I was dumb enough to
go two days before Christmas to
1481
01:20:30,520 --> 01:20:34,160
Costco and Trader Joe's, both in
the same morning.
1482
01:20:34,520 --> 01:20:37,560
And I got to tell you, I don't
know if it's a sign of the
1483
01:20:37,560 --> 01:20:41,400
economy or locker.
I don't know what the hell it
1484
01:20:41,400 --> 01:20:43,320
is, but there was nobody there.
It was pretty damning.
1485
01:20:44,120 --> 01:20:46,640
I think luck, you know you're
before the weekend, you were
1486
01:20:46,640 --> 01:20:50,120
smart to get in early and and do
it before Saturday.
1487
01:20:50,440 --> 01:20:53,120
Yeah, I know there's a lot of
people listening right now that
1488
01:20:53,120 --> 01:20:55,760
probably wouldn't accuse me of
being smart, having done that,
1489
01:20:55,760 --> 01:20:59,920
but I think I just got lucky.
I think I picked the right time
1490
01:20:59,920 --> 01:21:02,920
and and got in, got out, and it
was super easy.
1491
01:21:02,920 --> 01:21:04,320
It was crazy.
I was like.
1492
01:21:04,480 --> 01:21:06,280
Must have been Karen's doing.
Certainly wasn't.
1493
01:21:06,280 --> 01:21:08,560
Yours.
I think so, because like even
1494
01:21:08,720 --> 01:21:11,080
you know Costco.
Like, how often?
1495
01:21:11,520 --> 01:21:13,960
I don't know if you go to
Costco, but how often do you go
1496
01:21:13,960 --> 01:21:17,640
in, get all your stuff and then
walk straight up to an empty
1497
01:21:17,960 --> 01:21:23,640
cashier and you're like we were
parked in, got our stuff, got
1498
01:21:23,640 --> 01:21:27,560
out in 15 minutes?
Although I I do sometimes kind
1499
01:21:27,560 --> 01:21:30,520
of play a a game when I go to
Costco, I make it a goal to see
1500
01:21:30,520 --> 01:21:33,480
how few items I can actually
leave with, and it usually is
1501
01:21:33,480 --> 01:21:36,320
way more than I intended but it.
Always is, yeah.
1502
01:21:36,320 --> 01:21:39,120
Like I go in for toilet paper
and come out with home theater
1503
01:21:39,120 --> 01:21:40,520
seating or.
Or.
1504
01:21:40,560 --> 01:21:42,960
A washer and dryer or something,
you know?
1505
01:21:43,000 --> 01:21:46,200
It's like, why do I have all
this stuff, you know?
1506
01:21:46,480 --> 01:21:51,200
A million bananas and yeah.
Right, enough bananas for a
1507
01:21:51,200 --> 01:21:52,880
village.
Yeah, I know.
1508
01:21:52,880 --> 01:21:54,800
It's, it's crazy, but it's
tempting.
1509
01:21:54,800 --> 01:21:56,560
I mean, everything looks
appealing.
1510
01:21:56,560 --> 01:21:59,080
The one that's getting me these
days, and we talked about this
1511
01:21:59,080 --> 01:22:02,800
earlier, but the televisions, I
mean, the televisions are just
1512
01:22:03,240 --> 01:22:05,600
out of control now.
Like, it's crazy.
1513
01:22:05,600 --> 01:22:09,080
Like I walk in and right as you
walk in the door and trust me, I
1514
01:22:09,080 --> 01:22:13,360
have enough TVSI don't need any.
But you see this like 85 inch
1515
01:22:13,440 --> 01:22:16,320
OLED TV for like 3 grand or
something.
1516
01:22:16,320 --> 01:22:18,000
And I'm going.
What?
1517
01:22:18,400 --> 01:22:22,200
Like, I need that thing so bad,
you know, I got to have it.
1518
01:22:22,520 --> 01:22:23,880
I got no.
Place makes you Makes you
1519
01:22:23,880 --> 01:22:25,960
question why you need an LED
wall in the industry.
1520
01:22:25,960 --> 01:22:28,320
No, not really.
I just made a bunch of people
1521
01:22:28,320 --> 01:22:28,800
cringe.
Well.
1522
01:22:29,720 --> 01:22:33,600
Pretty pretty soon LG is going
to have you know, TV's that are
1523
01:22:33,600 --> 01:22:37,000
as big as LED walls, I guess.
I don't know, they just keep
1524
01:22:37,000 --> 01:22:39,800
getting bigger and nicer and
like these OLED screens.
1525
01:22:39,800 --> 01:22:42,520
The pictures amazing and it's
like 3 grand and then you can
1526
01:22:42,520 --> 01:22:48,960
get like I think I saw a 75 inch
today for 599, a 75 inch
1527
01:22:49,000 --> 01:22:50,120
television.
Pretty crazy.
1528
01:22:50,560 --> 01:22:52,600
I mean, at some point you run
into the limitation of like,
1529
01:22:52,600 --> 01:22:54,640
just what can you fit in a car
or in your door?
1530
01:22:54,640 --> 01:22:57,840
So then you get a consumer
version of an LED wall.
1531
01:22:57,840 --> 01:23:00,360
You just get, you know, a
seamless monitor that comes in a
1532
01:23:00,360 --> 01:23:04,320
box that's, you know, 18 by 18
and it's got 20 panels in it.
1533
01:23:04,960 --> 01:23:07,800
Yeah, I mean, and then maybe
they're just gonna roll up like,
1534
01:23:07,840 --> 01:23:11,080
you know, wrapping paper and you
can just roll the thing out onto
1535
01:23:11,120 --> 01:23:12,920
a wall and you've got a I've
seen.
1536
01:23:12,920 --> 01:23:16,440
That actually that it is like a,
it's a, it's a flexible thing
1537
01:23:16,480 --> 01:23:20,120
it's you know it was a, it was a
like a test product R&D type
1538
01:23:20,120 --> 01:23:23,480
deal but.
I remember LG had something that
1539
01:23:23,480 --> 01:23:30,120
they called something Wall, but
they were just using it for
1540
01:23:30,120 --> 01:23:32,360
photographs.
It was like it was like a a
1541
01:23:32,360 --> 01:23:39,440
photo frame thing, but it was it
was like 2 or 3mm thick and like
1542
01:23:39,600 --> 01:23:42,480
unbelievable resolution.
Just a beautiful, beautiful
1543
01:23:42,480 --> 01:23:43,880
picture.
Like I was looking at it going,
1544
01:23:43,880 --> 01:23:47,080
Oh my God, like beautiful.
Ridiculous.
1545
01:23:47,080 --> 01:23:49,160
It's like the wallpaper, that's
an LED light.
1546
01:23:49,160 --> 01:23:51,440
It's like a big OLED LED
fixture.
1547
01:23:51,840 --> 01:23:53,960
Yeah, yeah, that's cool.
I.
1548
01:23:54,600 --> 01:23:57,400
Don't know why you want your
whole wall to glow, but maybe.
1549
01:23:57,880 --> 01:24:00,760
Well, why not?
I guess cuz you can you can see
1550
01:24:00,800 --> 01:24:02,760
it.
I could see a ceiling doing it.
1551
01:24:02,760 --> 01:24:05,280
That would make more sense, but
you just walk in and staring at
1552
01:24:05,280 --> 01:24:07,120
light seems painful.
Yeah.
1553
01:24:07,680 --> 01:24:10,400
Hey, you know, we haven't really
spoken and certainly haven't
1554
01:24:10,400 --> 01:24:13,600
spoken on a podcast about your.
I know you were at LDI, I
1555
01:24:13,600 --> 01:24:16,680
wasn't.
What do you think were like a
1556
01:24:16,680 --> 01:24:18,440
couple of the hot products at
the show?
1557
01:24:20,240 --> 01:24:22,560
That's interesting.
I was only there for a short
1558
01:24:22,560 --> 01:24:25,440
period and I had several
meetings and stuff.
1559
01:24:25,440 --> 01:24:28,160
So I I definitely walked the
floor and I saw some things I
1560
01:24:28,160 --> 01:24:31,320
didn't get, like full deep demos
on some of the things that I
1561
01:24:31,320 --> 01:24:34,960
would have liked to have seen.
But the stuff that I did see
1562
01:24:34,960 --> 01:24:41,680
that caught my eye was #1 Clay.
Paki has a new, I think they
1563
01:24:41,680 --> 01:24:42,920
call it.
I'm trying to remember the name.
1564
01:24:42,920 --> 01:24:46,360
It's MIDI Bee or something like
that, but it's a it's like a
1565
01:24:46,360 --> 01:24:49,160
miniature profile moving head or
a spot.
1566
01:24:49,160 --> 01:24:50,560
I don't think it has shutters,
but it's a mini.
1567
01:24:50,720 --> 01:24:54,320
It's a mini spot, but it's
literally, it weighs 18 lbs and
1568
01:24:54,320 --> 01:24:56,800
it's like not the size of your
laptop.
1569
01:24:58,080 --> 01:25:01,320
It's itty bitty, but it was it
was bright and it was actually a
1570
01:25:01,320 --> 01:25:05,240
good quality of light and had
some interesting features behind
1571
01:25:05,240 --> 01:25:06,240
it.
I have no idea what the price
1572
01:25:06,240 --> 01:25:08,160
point is, but that was
interesting.
1573
01:25:08,240 --> 01:25:10,160
Obviously that's not going to
have a lot of place other than
1574
01:25:10,160 --> 01:25:12,800
maybe some scenic things in like
a rock'n'roll environment.
1575
01:25:12,840 --> 01:25:13,320
I don't.
Know.
1576
01:25:13,440 --> 01:25:16,280
Certainly that that's.
A trend right now, that's a
1577
01:25:16,280 --> 01:25:20,800
trend right now the smaller size
and and I kept hearing this
1578
01:25:20,800 --> 01:25:24,920
thing of of like lumens per
pound or something Oh.
1579
01:25:25,000 --> 01:25:27,960
That's an interesting metric.
Lightweight is the other big one
1580
01:25:27,960 --> 01:25:30,120
right now.
Like you said, that one's 18 lbs
1581
01:25:30,120 --> 01:25:33,920
and that Mac one is like what is
it 10 lbs or something?
1582
01:25:34,360 --> 01:25:37,000
Yeah, something like that.
That obviously was a hit of the
1583
01:25:37,000 --> 01:25:38,800
show, you know for for good
reason.
1584
01:25:38,800 --> 01:25:41,320
It's a really good looking
fixture and it it definitely is
1585
01:25:41,320 --> 01:25:43,920
going to take the place of what
the Mac or used to, you know,
1586
01:25:43,920 --> 01:25:45,000
it's got the, for now lens on
it.
1587
01:25:45,000 --> 01:25:46,960
It looks really good, the lights
good, it's pretty bright.
1588
01:25:47,440 --> 01:25:49,680
Yeah, it's got.
Different configurations, A
1589
01:25:49,760 --> 01:25:50,680
couple.
Grand.
1590
01:25:51,320 --> 01:25:55,080
Yeah, yeah, I think dealer is 15
or 1600 or something like that.
1591
01:25:56,160 --> 01:26:02,680
Yeah, sorry, it's cheap.
But you know, it's those were
1592
01:26:02,680 --> 01:26:05,240
interesting.
Another one that I thought was
1593
01:26:05,240 --> 01:26:07,520
interesting that I tried to find
but I didn't actually see in
1594
01:26:07,520 --> 01:26:09,880
person.
Corey Easterbrook told me that
1595
01:26:09,880 --> 01:26:12,960
there are a couple of fixtures
out now that have electronic
1596
01:26:12,960 --> 01:26:16,520
Frost, that there's some Acme
fixtures that have it and Chavez
1597
01:26:16,520 --> 01:26:21,080
fixtures that have it and it's
the same tech behind like the
1598
01:26:21,080 --> 01:26:23,520
window frost.
Where you turn it on and they.
1599
01:26:23,520 --> 01:26:24,920
Say like transparent or
whatever.
1600
01:26:25,160 --> 01:26:27,120
Yeah.
So it's like a variable frost
1601
01:26:27,320 --> 01:26:30,440
that's electronically controlled
rather than having a disk or
1602
01:26:30,440 --> 01:26:32,640
anything.
So I really wanted to see that,
1603
01:26:32,680 --> 01:26:35,800
but it was like by the time I
learned that, it was, you know,
1604
01:26:36,160 --> 01:26:39,240
hour 27 of the of the last day,
so.
1605
01:26:39,640 --> 01:26:43,120
I don't even want to have to
look into that.
1606
01:26:43,160 --> 01:26:44,880
Yeah, I know it's a pretty
interesting idea.
1607
01:26:45,200 --> 01:26:49,920
Whether or not it's reliable and
has good image optics is another
1608
01:26:49,920 --> 01:26:52,680
question and obviously open to
opinion, but it's a cool idea
1609
01:26:52,680 --> 01:26:54,440
and certainly could open the
doors to a lot of things.
1610
01:26:54,560 --> 01:26:57,600
Well, the good news is that
technology must be coming down
1611
01:26:57,600 --> 01:27:01,040
in cost then, because I know I
looked at it one time for a
1612
01:27:01,040 --> 01:27:05,400
conference room.
And I mean, it was ridiculously
1613
01:27:05,400 --> 01:27:08,840
expensive.
It was like obscene cost, right?
1614
01:27:08,840 --> 01:27:11,440
And obviously variable frost in
a fixture, we're talking about
1615
01:27:11,440 --> 01:27:12,240
a.
A piece of.
1616
01:27:12,240 --> 01:27:14,720
Glass that might be that big or
whatever, but still the.
1617
01:27:14,720 --> 01:27:17,120
Controller is probably more
expensive than the the actual
1618
01:27:17,120 --> 01:27:20,440
diffusion part.
But I mean, think of what it
1619
01:27:20,440 --> 01:27:23,520
would do for, you know,
obviously the window covering
1620
01:27:23,520 --> 01:27:26,560
industry would be screwed
because nobody would buy blinds
1621
01:27:26,560 --> 01:27:30,240
anymore before.
Or you know any of those things.
1622
01:27:30,240 --> 01:27:33,760
Blinds, drapes, you know,
whatever you call the roll down
1623
01:27:33,760 --> 01:27:36,160
shades, you know that would go
away.
1624
01:27:36,280 --> 01:27:37,480
You don't need it.
That's cool.
1625
01:27:37,480 --> 01:27:39,360
I I didn't hear about that one.
I'm gonna have to check that
1626
01:27:39,360 --> 01:27:40,680
out.
Yeah.
1627
01:27:41,080 --> 01:27:44,280
Yeah, I'm curious to see it in
person at some point, although I
1628
01:27:44,280 --> 01:27:46,680
don't really get fixture demos
cuz I don't work at a rental
1629
01:27:46,680 --> 01:27:49,000
company anymore.
So yeah, I'll have to make a
1630
01:27:49,000 --> 01:27:50,880
point to.
Do that, Yeah, we don't.
1631
01:27:50,880 --> 01:27:52,560
We don't often get to touch
fixtures.
1632
01:27:52,560 --> 01:27:57,600
They just kinda magically fly
through this software of ours.
1633
01:27:58,240 --> 01:28:00,520
So.
Speaking of which I've actually,
1634
01:28:00,520 --> 01:28:03,560
this is an interesting and
unique episode that we're doing
1635
01:28:03,560 --> 01:28:05,640
where we've got all of our
sponsors on one episode.
1636
01:28:05,640 --> 01:28:09,120
So we can't sit here and talk
for an hour because it's going
1637
01:28:09,120 --> 01:28:11,200
to then be 10 hours long or
something.
1638
01:28:11,920 --> 01:28:19,960
So Speaking of 2023 specifically
this year, do you think that
1639
01:28:19,960 --> 01:28:25,080
overall the year was better than
expected, worse than expected or
1640
01:28:25,080 --> 01:28:27,440
as expected.
So a year ago you were sitting
1641
01:28:27,440 --> 01:28:29,320
thinking what's next year going
to look like?
1642
01:28:29,600 --> 01:28:32,880
And I don't necessarily mean
gear source specifically, I mean
1643
01:28:34,040 --> 01:28:36,760
could be the used market, the
used equipment market, the
1644
01:28:36,760 --> 01:28:39,840
availability of used gear,
pricing on used gear, etcetera.
1645
01:28:40,960 --> 01:28:44,880
So what do you think?
Well, you know, when I think
1646
01:28:44,880 --> 01:28:48,640
about that, I think about sort
of what the craziness of 2022
1647
01:28:48,640 --> 01:28:53,040
was and the insanity of what was
going on with supply and demand
1648
01:28:53,040 --> 01:28:57,240
and with, you know, the shows
happening at any time of year on
1649
01:28:57,240 --> 01:29:00,480
top of each other, 27 at a time,
because everybody was trying to
1650
01:29:00,480 --> 01:29:04,800
get back from COVID.
So I feel like 2023 really
1651
01:29:04,800 --> 01:29:08,200
relaxed out of that some and the
second-half of the year started
1652
01:29:08,200 --> 01:29:11,800
to normalize and get back to
sort of the typical cadence of
1653
01:29:11,800 --> 01:29:13,880
the industry, at least from what
I saw.
1654
01:29:14,520 --> 01:29:18,080
And I think that's a good
expectation for 2024 and beyond
1655
01:29:18,720 --> 01:29:21,840
is that we will get back to a
lot of those sort of more normal
1656
01:29:21,840 --> 01:29:24,560
calendars and more normal
schedules.
1657
01:29:24,880 --> 01:29:26,600
Certainly business was still
good.
1658
01:29:26,600 --> 01:29:29,360
I've heard from many people that
you know they had killer years
1659
01:29:29,360 --> 01:29:33,520
and excuse me did did some
pretty amazing numbers on things
1660
01:29:33,920 --> 01:29:37,160
in the used gear market
specifically because of that
1661
01:29:37,360 --> 01:29:39,200
normalization of supply and
demand.
1662
01:29:39,200 --> 01:29:42,360
We really saw an uptick.
You know, coming out of COVID, a
1663
01:29:42,360 --> 01:29:44,040
lot of people have the
assumption that the used gear
1664
01:29:44,040 --> 01:29:47,160
market was killing it because of
the opportunity and the
1665
01:29:47,160 --> 01:29:49,560
potential during COVID and
shortly after, but.
1666
01:29:49,760 --> 01:29:51,600
Isn't it funny how that happens
though, Brad?
1667
01:29:51,600 --> 01:29:54,840
Like, you know, people like I
remember last year, even in
1668
01:29:54,840 --> 01:29:58,200
2021, people like, Oh my God,
you're in such a perfect place.
1669
01:29:58,200 --> 01:30:01,520
But the problem with our
business or our industry, our
1670
01:30:01,520 --> 01:30:06,160
part of the industry is that it
is supply and demand and we
1671
01:30:06,160 --> 01:30:08,920
always have those at the wrong
time.
1672
01:30:08,920 --> 01:30:13,120
So we've got loads of supply and
no demand which was COVID 2020
1673
01:30:13,680 --> 01:30:16,400
and then we've got loads of
demand and no supply which was
1674
01:30:16,400 --> 01:30:19,920
2021.
And then you know 2022 kind of
1675
01:30:19,920 --> 01:30:22,360
was still crazy, but it
normalized a little bit where we
1676
01:30:22,360 --> 01:30:26,280
had some supply and some demand
and did OK.
1677
01:30:26,760 --> 01:30:31,400
And and then this year the
demand, well, I don't know you
1678
01:30:31,400 --> 01:30:34,040
might have been ready to say
this, but the demand seemed to
1679
01:30:34,040 --> 01:30:37,800
go down a little bit because the
supply went up so much on the
1680
01:30:37,800 --> 01:30:40,240
supplier side, on the new gear
side.
1681
01:30:41,040 --> 01:30:43,160
Yeah.
Well, I I would say, I wouldn't
1682
01:30:43,160 --> 01:30:47,360
say that it went up so much that
or the demand went way down that
1683
01:30:47,360 --> 01:30:49,120
it was like below expected
levels.
1684
01:30:49,120 --> 01:30:52,440
I would say that it went down to
the norm right towards what you
1685
01:30:52,440 --> 01:30:55,680
would typically see. 20/22 was
nuts.
1686
01:30:55,680 --> 01:30:57,800
Everybody was trying to get
everything because you couldn't.
1687
01:30:58,120 --> 01:31:00,160
So the demand was, you know,
through the roof.
1688
01:31:00,160 --> 01:31:03,400
But 2023 really brought that
back to reasonable levels and
1689
01:31:03,400 --> 01:31:08,000
people were making more I'll say
intentional purchases and maybe
1690
01:31:08,000 --> 01:31:12,560
more thoughtful purchases rather
than just like send money, give
1691
01:31:12,560 --> 01:31:15,000
me light, I don't care what it
is.
1692
01:31:16,480 --> 01:31:18,720
You know it was it was more
intentional and it was more
1693
01:31:18,720 --> 01:31:21,320
methodical.
We did see some prices normalize
1694
01:31:21,320 --> 01:31:25,080
on things as well.
So like, you know, the CL5 that
1695
01:31:25,080 --> 01:31:30,280
was so crazy through all of
COVID plus the DM Seven came out
1696
01:31:30,280 --> 01:31:34,200
and that kind of killed the, the
extreme pricing on CL5.
1697
01:31:35,280 --> 01:31:37,680
Yeah, now it's. 40%, it's down
back.
1698
01:31:37,680 --> 01:31:41,600
To you know 20 to 30 grand for
ACL 5, which is much more where
1699
01:31:41,600 --> 01:31:44,680
you would expect it to be rather
than the 45 or whatever it was
1700
01:31:44,680 --> 01:31:48,840
for a couple of years.
Yeah, I think you know business
1701
01:31:48,840 --> 01:31:50,720
was strong.
There's a lot of potential in
1702
01:31:50,880 --> 01:31:54,640
what things are doing, but it's
more back to predictable
1703
01:31:55,200 --> 01:31:58,600
valuations and predictable
needs, which is really what you
1704
01:31:58,600 --> 01:32:00,760
need for, you know, a healthy
business and healthy growth
1705
01:32:00,760 --> 01:32:04,400
within an industry.
So your expectations for 2024
1706
01:32:04,480 --> 01:32:12,000
again growth drop or stay flat?
I think it's going to grow on
1707
01:32:12,000 --> 01:32:14,920
the equipment side of the
industry and I think that that's
1708
01:32:14,920 --> 01:32:19,800
driven largely by two things.
So number one is again with that
1709
01:32:19,800 --> 01:32:23,480
sort of thoughtful purchasing
plan that people are going to
1710
01:32:23,480 --> 01:32:26,320
make more investments rather
than just grab whatever they
1711
01:32:26,320 --> 01:32:28,240
possibly can because they have
to have it.
1712
01:32:28,440 --> 01:32:32,640
So you're going to see more
people going back more to, you
1713
01:32:32,640 --> 01:32:36,960
know, large volume purchases
where they can or making really
1714
01:32:36,960 --> 01:32:39,680
strategic decisions about what
equipment they're purchasing.
1715
01:32:39,880 --> 01:32:42,760
But with some of that on the
used gear market comes with, OK,
1716
01:32:42,960 --> 01:32:45,920
more thought into when can I get
used, when does it make sense to
1717
01:32:45,920 --> 01:32:49,360
get used, not just I have to buy
used because I can't get new.
1718
01:32:49,360 --> 01:32:52,080
Yeah, Yeah, exactly.
So I think that's going to come.
1719
01:32:52,560 --> 01:32:54,520
It's funny you say that.
Because I've spoken to lots of
1720
01:32:54,520 --> 01:32:58,320
manufacturers who say one of the
cool things that COVID did is it
1721
01:32:58,320 --> 01:33:01,800
made people plan more.
Which means that manufacturers
1722
01:33:01,800 --> 01:33:05,400
didn't necessarily have to just
have all the inventory in the
1723
01:33:05,400 --> 01:33:08,760
world all the time, just in case
somebody got a show, right?
1724
01:33:08,760 --> 01:33:12,160
Like there were actually
forecasts being delivered and
1725
01:33:12,160 --> 01:33:14,200
things like that.
Like, hey, we're gonna need this
1726
01:33:14,200 --> 01:33:17,880
many in Q1, this many in Q2.
And of course, there's always
1727
01:33:17,880 --> 01:33:21,400
the emergency buy or whatever,
but for the most part it got
1728
01:33:21,400 --> 01:33:24,200
much more organized over the
past couple of years as a
1729
01:33:24,200 --> 01:33:26,880
result.
Yeah, we'll see if that sticks.
1730
01:33:26,880 --> 01:33:30,000
You know, that's always the if
you if you let people off the
1731
01:33:30,000 --> 01:33:32,840
leash, then they they will go
back to old bad habits.
1732
01:33:32,840 --> 01:33:34,680
So it's true.
Hopefully it stays that way.
1733
01:33:34,680 --> 01:33:41,360
But yeah, it's certainly a perk.
So give me, give me a a big 2024
1734
01:33:41,360 --> 01:33:45,000
prediction and and you know,
pick the, pick the category,
1735
01:33:45,000 --> 01:33:48,760
pick the the, whatever you want.
But it could be a product trend
1736
01:33:48,760 --> 01:33:53,320
to market trend, a Beatles
reunion tour, you know, give me
1737
01:33:53,320 --> 01:33:55,520
a big prediction.
Sure.
1738
01:33:55,520 --> 01:33:58,000
Well, I'm a lighting guy, so
I'll, I'll keep it in the
1739
01:33:58,000 --> 01:33:59,800
lighting world because that's
what I actually know about and
1740
01:33:59,800 --> 01:34:04,640
don't just make things up with.
But I think what we've seen
1741
01:34:04,640 --> 01:34:07,880
since the the launch of really
the Stelos.
1742
01:34:07,880 --> 01:34:11,760
But last year the success of the
Cobra, the Cobra fixture from
1743
01:34:11,760 --> 01:34:15,840
Ericsson and for anybody who
doesn't know, those are both RGB
1744
01:34:15,840 --> 01:34:20,400
laser sourced fixtures.
And while there are some
1745
01:34:20,400 --> 01:34:23,480
challenges specifically in the
US around variances for those
1746
01:34:23,480 --> 01:34:27,800
things, as I understand it, the
Cobra just was an absolute
1747
01:34:27,840 --> 01:34:31,120
killer deal for Airton and one
of the best selling fixtures
1748
01:34:31,120 --> 01:34:34,160
they've ever had even with the
challenges within the US.
1749
01:34:34,160 --> 01:34:39,600
So I think that trend is going
to start to push into other
1750
01:34:39,600 --> 01:34:41,720
manufacturers.
You know, we've seen the IP
1751
01:34:41,720 --> 01:34:44,000
trend that's happened over the
last three or four years that
1752
01:34:44,320 --> 01:34:47,040
basically everybody has a
complete IP portfolio.
1753
01:34:47,440 --> 01:34:50,880
But I think we're now starting
to see the viability and the
1754
01:34:50,880 --> 01:34:55,160
market adoption for the next
thing past LED and I I think
1755
01:34:55,160 --> 01:34:58,640
it's going to be lasers like it.
It has to be in in my mind at
1756
01:34:58,640 --> 01:35:00,240
least.
Yeah.
1757
01:35:00,240 --> 01:35:03,680
And you know, I think maybe our
industry needs to rally together
1758
01:35:03,680 --> 01:35:06,800
a little bit, just like with
COVID, when Strickland always
1759
01:35:06,800 --> 01:35:10,160
said the problem is instead of a
big battleship, we're pulling up
1760
01:35:10,160 --> 01:35:13,000
to Congress in a bunch of 100
canoes, right.
1761
01:35:13,560 --> 01:35:16,040
And it's the same problem when
you get to something like this
1762
01:35:16,040 --> 01:35:19,640
variance, you know, hey, we want
to, we want to somehow lobby the
1763
01:35:19,640 --> 01:35:23,360
FDA to get rid of this crazy
variance in in the US that
1764
01:35:23,360 --> 01:35:25,680
shouldn't be there.
Because it's not like we're, you
1765
01:35:25,680 --> 01:35:28,800
know, taking lasers that are
cutting people's arms off and
1766
01:35:28,800 --> 01:35:31,200
stuff and aiming them at people
like weapons.
1767
01:35:32,520 --> 01:35:34,080
You know, these are safe
fixtures.
1768
01:35:34,080 --> 01:35:36,680
They're they're no less safe
than any of the other lighting
1769
01:35:36,680 --> 01:35:39,480
fixtures that we're selling.
And in some cases, a Sharpie is
1770
01:35:39,480 --> 01:35:42,520
more dangerous than any of the
laser fixtures out there.
1771
01:35:43,240 --> 01:35:45,640
Well, and until this became a
thing, it was never a need to
1772
01:35:45,640 --> 01:35:48,400
have that conversation, right?
So it's not a surprise that it
1773
01:35:48,400 --> 01:35:51,240
never happened because there was
no, no reason, right?
1774
01:35:51,280 --> 01:35:53,320
Laser projectors aren't pointing
at people.
1775
01:35:53,320 --> 01:35:55,040
They're pointing at a wall, or
at a screen, or.
1776
01:35:55,040 --> 01:35:56,960
You certainly could.
There's no law against it.
1777
01:35:57,520 --> 01:35:58,720
Yeah, yeah.
You know, that's.
1778
01:35:58,920 --> 01:36:01,760
That's true.
You can scan an an audience with
1779
01:36:01,760 --> 01:36:06,360
A25K laser or a laser video
projector and nobody goes to
1780
01:36:06,360 --> 01:36:07,600
jail.
Nobody gets fined.
1781
01:36:07,600 --> 01:36:10,360
You know so.
Yeah, it's.
1782
01:36:10,400 --> 01:36:12,200
It's.
Goofy, and it needs to be fixed.
1783
01:36:12,200 --> 01:36:15,520
But I think it's going to take
more than just Clay Paki, more
1784
01:36:15,520 --> 01:36:18,880
than just Ayrton.
It's going to take the industry
1785
01:36:18,880 --> 01:36:22,480
sort of getting together and
maybe hiring a lobbyist and and
1786
01:36:22,480 --> 01:36:25,880
getting in there and and getting
it changed.
1787
01:36:25,880 --> 01:36:27,760
It's probably something that
nobody's looking at because
1788
01:36:27,760 --> 01:36:29,240
nobody screamed loud enough,
right?
1789
01:36:29,560 --> 01:36:32,120
Yeah.
Well, as I understand it today,
1790
01:36:32,120 --> 01:36:35,800
to buy any of those fixtures in
the US now, so originally it was
1791
01:36:35,800 --> 01:36:38,480
like you couldn't buy them, you
had to, you had to demo them and
1792
01:36:38,480 --> 01:36:40,600
then there had to be a factory
representative or whatever.
1793
01:36:40,600 --> 01:36:43,720
So they got around those things.
But now as I understand it, to
1794
01:36:43,720 --> 01:36:48,000
purchase you have to have gone
through the certification to
1795
01:36:48,000 --> 01:36:50,720
hold a variance and you have to
take a safety test kind of
1796
01:36:50,720 --> 01:36:54,200
thing.
So it's like a permit basically.
1797
01:36:54,440 --> 01:36:58,560
And then in order to have a
legal transaction as a seller,
1798
01:36:58,560 --> 01:37:01,120
you have to show proof that the
buyer has those things.
1799
01:37:01,360 --> 01:37:04,000
How you report those, I don't
know who you know who's who's
1800
01:37:04,000 --> 01:37:05,480
overseeing that, but.
Yeah.
1801
01:37:06,040 --> 01:37:09,160
Well, and the challenge for
these manufacturers is, yeah,
1802
01:37:09,160 --> 01:37:11,640
they can sell them in Europe,
but the problem is the US is
1803
01:37:11,640 --> 01:37:15,000
more than 50% of the market for
most of these companies.
1804
01:37:15,000 --> 01:37:17,600
So you know, Europe ain't going
to cut it.
1805
01:37:17,600 --> 01:37:20,080
Like even if it's a really
successful Ayrton fixture
1806
01:37:20,080 --> 01:37:23,720
selling it in Europe to make it
viable as a line of product like
1807
01:37:23,720 --> 01:37:27,640
what Klaypaki have built.
Claypacky's a smaller company
1808
01:37:27,640 --> 01:37:32,080
and and they can probably get by
having a full line like that.
1809
01:37:32,160 --> 01:37:34,960
That Skylos thing I think is
kind of cool.
1810
01:37:34,960 --> 01:37:36,680
I don't know if it's bright
enough, I haven't seen one in
1811
01:37:36,680 --> 01:37:41,320
person, but and then they've got
the mini Stelos that somebody we
1812
01:37:41,320 --> 01:37:45,840
talked about the Stelos and the
variances on a podcast recently
1813
01:37:46,120 --> 01:37:50,960
and the Claypacky distributor
from Canada sent me a message on
1814
01:37:50,960 --> 01:37:53,360
on Facebook or something and
said hey Marcel, just to
1815
01:37:53,360 --> 01:37:58,680
clarify, yeah, in Canada we
don't need variances, but for
1816
01:37:58,680 --> 01:38:01,720
the US we have this, I think
it's called a mini Stelos or
1817
01:38:01,720 --> 01:38:06,040
something and it comes in below
the the requirements.
1818
01:38:06,040 --> 01:38:09,200
So even though it's a laser
fixture, you don't have to have
1819
01:38:09,200 --> 01:38:11,760
a a variance, but I don't know
how bright that is.
1820
01:38:11,760 --> 01:38:14,400
Like I know the number used to
be 4.9 milliwatts.
1821
01:38:14,400 --> 01:38:17,920
I'm sure you don't have a 4.9
milliwatt laser in that thing,
1822
01:38:17,920 --> 01:38:19,440
cuz that would suck.
Yeah, I know.
1823
01:38:19,600 --> 01:38:22,000
I I have no idea what it is.
I mean, I've seen that that
1824
01:38:22,000 --> 01:38:24,800
fixture, just the body of it,
it's it's pretty small, it's
1825
01:38:24,800 --> 01:38:28,080
smaller than a Sharpie.
So I don't.
1826
01:38:28,080 --> 01:38:30,520
I have no idea what it does in
terms of power or features, any
1827
01:38:30,520 --> 01:38:33,200
of that stuff.
Yeah, well, that's a that's a
1828
01:38:33,200 --> 01:38:37,600
bold prediction, I must say.
I probably don't agree with you.
1829
01:38:37,600 --> 01:38:41,040
Yeah, I think.
It might be a bit premature, I
1830
01:38:41,040 --> 01:38:42,400
think.
Yeah, people are gonna start to
1831
01:38:42,400 --> 01:38:46,480
plan for it now five years, but
then look in 2025 or 2026,
1832
01:38:46,480 --> 01:38:48,480
that's gonna be sort of the next
week's step.
1833
01:38:48,800 --> 01:38:51,440
No, I think it, I think it
absolutely should happen.
1834
01:38:51,440 --> 01:38:54,320
It's a beautiful light source
and I think it's got a place
1835
01:38:54,720 --> 01:38:57,320
and, but I think they have to
get around the variance first
1836
01:38:57,320 --> 01:39:00,560
and that's gonna take a couple
of years, I think potentially.
1837
01:39:00,640 --> 01:39:02,440
So I don't know, maybe
somebody's working on it and I'm
1838
01:39:02,440 --> 01:39:05,240
going to get another correction
via e-mail or something saying,
1839
01:39:05,600 --> 01:39:08,120
you know, hey Marcel, you idiot,
the variance is being dropped
1840
01:39:08,120 --> 01:39:10,760
next week, you know?
So it'll it'll be Michael
1841
01:39:10,760 --> 01:39:12,840
Strickland's new new side
project.
1842
01:39:12,920 --> 01:39:15,960
Yeah, and so I've got a bonus
question for you.
1843
01:39:16,240 --> 01:39:22,440
Who would you like to see us
bring on geezers of gear besides
1844
01:39:22,440 --> 01:39:25,000
you or your dogs or?
Right.
1845
01:39:25,000 --> 01:39:27,680
Well, you've had so many people
it's hard to keep track, but.
1846
01:39:27,760 --> 01:39:30,840
We have a few.
Have you ever had?
1847
01:39:31,040 --> 01:39:34,600
Now I'm blanking on his name.
Richard.
1848
01:39:34,640 --> 01:39:39,120
High End, Richard.
Bellevue, yeah.
1849
01:39:39,120 --> 01:39:40,000
You know what?
Yeah, Richard.
1850
01:39:40,000 --> 01:39:42,200
Bill.
It's a good reminder because
1851
01:39:42,560 --> 01:39:45,760
I've talked to Richard so many
times about coming on and he was
1852
01:39:45,760 --> 01:39:51,440
involved in some legal
discussions and didn't want to
1853
01:39:51,440 --> 01:39:54,520
come on a podcast cuz he wants
to be able to speak openly and
1854
01:39:54,600 --> 01:39:57,640
honestly and everything else.
But I would think that he's
1855
01:39:57,640 --> 01:40:01,360
through all of that now.
So that's a that's a great Sarah
1856
01:40:02,640 --> 01:40:04,800
noted.
You know we gotta get, we gotta
1857
01:40:04,800 --> 01:40:07,760
get with Richard Bellevue.
He'd be an amazing guest,
1858
01:40:07,760 --> 01:40:10,520
actually one of the smartest
products.
1859
01:40:10,520 --> 01:40:13,520
He's got so much insight to
things and and was so involved
1860
01:40:13,520 --> 01:40:16,600
in the history of how lighting
became what it is today.
1861
01:40:16,720 --> 01:40:20,400
Yeah, yeah, you know, another
one along that same vein, but
1862
01:40:20,560 --> 01:40:24,080
younger and and fresher or newer
in the industry or whatever you
1863
01:40:24,080 --> 01:40:27,160
wanna call it, is Matthias from
from Elation.
1864
01:40:27,160 --> 01:40:29,720
And I've spoken with Matthias.
He promises he's gonna do it.
1865
01:40:30,000 --> 01:40:32,840
He's just, he's always busy.
They keep launching frigging new
1866
01:40:32,840 --> 01:40:36,280
fixtures over there at Elation.
So yeah, yeah.
1867
01:40:36,440 --> 01:40:38,200
Have you ever, have you ever had
Yvonne on?
1868
01:40:38,720 --> 01:40:40,840
I mean, he's a he's harder
because he doesn't.
1869
01:40:41,760 --> 01:40:44,280
He's not as strong in English as
he is in French, certainly.
1870
01:40:44,760 --> 01:40:47,480
Well, and we ended up talking
half the podcast about racing.
1871
01:40:47,480 --> 01:40:51,720
So I'm sure yeah, Yvonne is the,
for those who don't know, the
1872
01:40:51,720 --> 01:40:55,040
founder of Ayrton and huge
racing fan named the company
1873
01:40:55,040 --> 01:40:58,560
after Ayrton Senna.
And so, yeah, him and I had a
1874
01:40:58,560 --> 01:41:01,680
pleasant talk.
I mean, Yvonne is very
1875
01:41:01,680 --> 01:41:04,360
passionate about lighting and
about his fixtures and stuff.
1876
01:41:04,360 --> 01:41:08,200
But yeah, he's a little hard to
to pull stuff out of
1877
01:41:08,280 --> 01:41:10,240
occasionally and his language is
a bit tough.
1878
01:41:10,240 --> 01:41:14,120
But I really enjoyed it.
I actually interviewed him at
1879
01:41:14,160 --> 01:41:18,360
LDI 4 years, five years ago.
I don't know what year it was,
1880
01:41:18,360 --> 01:41:22,160
but but he was great now.
And I'll tell you what I mean,
1881
01:41:22,160 --> 01:41:26,880
we're not a huge industry.
I'm already doing do overs like
1882
01:41:27,080 --> 01:41:29,800
I've I've got, I've had loads of
people on multiple times.
1883
01:41:29,800 --> 01:41:33,560
Chris Mcmean was on again last
week and I've had Chris Mcmean
1884
01:41:33,560 --> 01:41:37,280
on before.
You know, it's it's about
1885
01:41:37,280 --> 01:41:39,080
interesting people, interesting
stories.
1886
01:41:39,080 --> 01:41:41,360
It doesn't matter if it's
somebody that we've already had.
1887
01:41:41,360 --> 01:41:44,480
So, but we'll definitely reach
out to Richard Bellevue.
1888
01:41:44,480 --> 01:41:46,880
That's a good one.
Have you ever had Brad Schiller?
1889
01:41:49,680 --> 01:41:52,240
He's with Martin, but he's a
he's a similar he's he's sort of
1890
01:41:52,240 --> 01:41:54,800
like.
I know Brad really well, but I I
1891
01:41:54,800 --> 01:41:56,000
can't remember if I've had him
on.
1892
01:41:56,000 --> 01:41:57,760
I don't think I have to be
honest with you.
1893
01:41:57,960 --> 01:42:01,360
You know, it's like Rob Koenig,
who who I had last week,
1894
01:42:02,400 --> 01:42:06,480
Metallica's LD, I just assumed I
had him on before.
1895
01:42:06,480 --> 01:42:09,760
Like I I almost remembered in my
own head talking to him.
1896
01:42:09,760 --> 01:42:13,840
And so I was talking to him and
I was like, yeah, you know, we
1897
01:42:13,840 --> 01:42:16,480
got to get so and so or so and
so and he's like, yeah, yeah,
1898
01:42:16,680 --> 01:42:19,800
yeah, you know, like he was kind
of grumpy because I I wasn't
1899
01:42:19,800 --> 01:42:22,480
inviting him on And I'm like,
holy shit, you've never been on
1900
01:42:22,480 --> 01:42:23,720
the podcast.
And he goes, no.
1901
01:42:24,200 --> 01:42:26,080
And I'm like, OK, well let's get
that booked.
1902
01:42:26,080 --> 01:42:27,480
So.
That was a great.
1903
01:42:27,480 --> 01:42:29,680
Discussion.
Yeah, we, we talked last week.
1904
01:42:29,680 --> 01:42:32,760
So anyways, Brad, I appreciate
you taking a few minutes and
1905
01:42:32,760 --> 01:42:36,920
doing this with me and I
appreciate your insight.
1906
01:42:36,920 --> 01:42:41,360
And yeah, so this will be out I
think either next week or the
1907
01:42:41,360 --> 01:42:44,320
following week, I'm not sure.
Well, thanks to everybody
1908
01:42:44,320 --> 01:42:48,800
listening and happy holidays.
And if it's not holidays when
1909
01:42:48,800 --> 01:42:51,960
you listen to this, good luck.
See you, buddy.
1910
01:42:52,720 --> 01:43:00,560
Thanks, bye.
Well, hello, Rick.
1911
01:43:00,560 --> 01:43:03,800
Rick McKinney from Main Light.
Hello Marcel.
1912
01:43:03,960 --> 01:43:06,040
How you doing buddy?
I'm good.
1913
01:43:06,040 --> 01:43:09,120
How about you?
I'm alive, you know, I I somehow
1914
01:43:09,120 --> 01:43:14,640
survived 2023, the year of the
God.
1915
01:43:14,640 --> 01:43:15,920
I don't even know what to call
it.
1916
01:43:15,920 --> 01:43:19,120
Like I I can think of some
really bad words, but we'll try
1917
01:43:19,120 --> 01:43:20,520
and keep it clean 'cause it's
the holiday.
1918
01:43:20,520 --> 01:43:22,280
Season well, happy, happy New
Year.
1919
01:43:22,280 --> 01:43:25,440
Hopefully 2024 will be crazy for
everybody.
1920
01:43:25,440 --> 01:43:28,000
Yeah.
No, I mean, that's sort of why
1921
01:43:28,000 --> 01:43:31,080
we're doing this is really to
get a gauge from some people, I
1922
01:43:31,080 --> 01:43:33,960
think, who really know what the
industry's doing, what it's done
1923
01:43:34,440 --> 01:43:37,120
this past year, what it might do
next year.
1924
01:43:37,920 --> 01:43:40,280
I talk a lot about that on my
podcast I had.
1925
01:43:40,960 --> 01:43:45,960
I had John Wiseman on, well, I
think it's yesterday by the time
1926
01:43:46,240 --> 01:43:49,320
this gets posted.
Or was it last week?
1927
01:43:49,320 --> 01:43:50,960
I don't know.
Anyways, it was a week ago
1928
01:43:50,960 --> 01:43:54,200
probably or yesterday.
But I had John Wiseman on
1929
01:43:54,200 --> 01:43:57,920
episode 213 and if you don't
know John, John's sort of at the
1930
01:43:57,920 --> 01:44:01,200
top of the food chain of of
account reps or account execs
1931
01:44:01,200 --> 01:44:06,400
for for the lighting touring
business and he had a a pretty
1932
01:44:06,400 --> 01:44:12,520
good feel for things and and
then George Masik from, well,
1933
01:44:12,520 --> 01:44:14,120
actually he won't be on till
next week.
1934
01:44:14,120 --> 01:44:16,680
So now I'm confused with all of
my timing.
1935
01:44:16,680 --> 01:44:22,320
But George Masik from Clay Paki,
you know, I love getting people
1936
01:44:22,320 --> 01:44:25,040
like that on the podcast and
just talking to them about where
1937
01:44:25,040 --> 01:44:28,200
they think the industry's going.
Oh yeah, It's it's always good
1938
01:44:28,200 --> 01:44:29,880
to get everybody's perspective
for sure.
1939
01:44:30,080 --> 01:44:32,320
Yeah, Well, and you guys, I mean
one of the.
1940
01:44:33,120 --> 01:44:35,880
Great reasons.
One of the one of the things
1941
01:44:35,880 --> 01:44:37,960
about Main Light that's so
different than than other
1942
01:44:37,960 --> 01:44:41,480
companies, most other companies
is the majority of your business
1943
01:44:41,480 --> 01:44:44,040
is, is dry hire rentals right
Like or if not.
1944
01:44:44,040 --> 01:44:45,280
All of your business,
absolutely.
1945
01:44:45,440 --> 01:44:47,280
Yeah, it's it's majority for
sure.
1946
01:44:47,280 --> 01:44:49,760
It's it's what we're known for.
You know we've been doing dry
1947
01:44:49,760 --> 01:44:54,080
hire strictly for 20 plus years
at this point.
1948
01:44:54,120 --> 01:44:56,640
You know, it's it's been a good
thing for us.
1949
01:44:56,840 --> 01:44:58,600
And you've been there over 20?
Years, right?
1950
01:44:59,200 --> 01:45:02,520
I have been with the company for
24 years and as of November in
1951
01:45:02,520 --> 01:45:05,640
2023, it's based in a plenty a
great place to work.
1952
01:45:06,000 --> 01:45:08,000
Who's a tougher boss?
Mike Cannon or?
1953
01:45:09,600 --> 01:45:13,760
Itis, you know, they they both
have their their, their their
1954
01:45:13,760 --> 01:45:18,840
good their good points and and
you know everybody's, you know,
1955
01:45:19,320 --> 01:45:22,960
I get along with just about
everybody that I work with.
1956
01:45:22,960 --> 01:45:26,520
I put my nose to the grind and
do what I need to do, and that
1957
01:45:26,520 --> 01:45:28,280
always just seems to work out
well for me.
1958
01:45:28,280 --> 01:45:31,360
And I I get no Flack from
nobody, from anybody in most.
1959
01:45:31,360 --> 01:45:34,560
Yeah, I.
Don't think you could pick two
1960
01:45:34,560 --> 01:45:35,640
different bosses either, you
know.
1961
01:45:36,400 --> 01:45:38,120
I'll tell you, you're absolutely
right.
1962
01:45:38,120 --> 01:45:40,640
They are definitely on different
sides of the spectrum.
1963
01:45:40,920 --> 01:45:42,880
I.
I have a quick funny itis story.
1964
01:45:42,880 --> 01:45:47,240
So I didn't know itis and you
know I I came from Canada.
1965
01:45:47,240 --> 01:45:49,760
I went straight into Martin.
I worked for Martin for a number
1966
01:45:49,760 --> 01:45:52,160
of years.
Martin never did any business
1967
01:45:52,160 --> 01:45:54,680
with itis 'cause he was always a
high end shop at the time.
1968
01:45:55,360 --> 01:45:59,320
And I left Martin and went to
work for High end for a little
1969
01:45:59,320 --> 01:46:03,920
while and Craig Burroughs took
me around the Northeast to
1970
01:46:03,920 --> 01:46:07,320
introduce me to some customers
and itis was one of them.
1971
01:46:07,760 --> 01:46:12,720
And so we decided to play golf
and we're on the first tee.
1972
01:46:13,440 --> 01:46:16,880
And you know, I just sense of
humor, of course, right.
1973
01:46:16,880 --> 01:46:20,960
So, you know, I'm, I'm doing my
little waggle with the driver
1974
01:46:20,960 --> 01:46:22,600
and I go to pull the driver
back.
1975
01:46:22,600 --> 01:46:25,240
And every time I went to pull
the driver back, he he gave me a
1976
01:46:25,240 --> 01:46:28,880
little squawk, you know?
Oh, yes.
1977
01:46:29,240 --> 01:46:32,640
And I didn't.
I didn't know that I just had
1978
01:46:32,640 --> 01:46:35,880
Tourette's.
And so finally I turn around and
1979
01:46:35,880 --> 01:46:37,480
I'm like, would you shut the?
Fuck.
1980
01:46:37,560 --> 01:46:41,000
Up already like I'm trying to
hit the golf ball, damn it you
1981
01:46:41,040 --> 01:46:44,920
know, and and he's like, oh did
I make noise.
1982
01:46:45,880 --> 01:46:49,080
And I'm positive to this day,
and I've never asked him, but
1983
01:46:49,080 --> 01:46:53,040
I'm positive to this day he was
messing with me and and he was
1984
01:46:53,040 --> 01:46:57,000
doing it on purpose.
There is a very good possibility
1985
01:46:57,000 --> 01:46:58,560
of that.
You know, there's nobody that
1986
01:46:58,560 --> 01:47:00,920
was any more of a trickster than
I did, for sure.
1987
01:47:00,920 --> 01:47:04,600
And I'm sure we're not done with
it at this point in our lives
1988
01:47:04,640 --> 01:47:05,760
either.
It'll be back around.
1989
01:47:05,920 --> 01:47:08,240
Oh hell yeah.
Did he ever stop in to visit or
1990
01:47:08,240 --> 01:47:10,680
anything?
You know, to be honest with you,
1991
01:47:10,680 --> 01:47:14,200
I work remotely most of the
time, so if there was a stop by,
1992
01:47:14,200 --> 01:47:18,440
I don't see it because I I work
the business out of all four
1993
01:47:18,440 --> 01:47:20,200
offices.
And I see, yeah.
1994
01:47:20,800 --> 01:47:26,240
I have no need to be in one
office so he just, if he does,
1995
01:47:26,240 --> 01:47:27,880
stop being that I haven't seen
much of it.
1996
01:47:28,160 --> 01:47:31,040
Yeah, yeah, I miss the guy.
I I call him every once.
1997
01:47:31,040 --> 01:47:33,400
In a while.
I do to to yell about politics,
1998
01:47:33,440 --> 01:47:38,760
but so what's what's your role
and title in the company?
1999
01:47:38,760 --> 01:47:42,560
I know it's all very different
now that it's that it's under
2000
01:47:42,560 --> 01:47:45,520
the Canon development Group or
whatever the heck it's called,
2001
01:47:45,520 --> 01:47:48,960
but and it's obviously grown
tremendously over the past
2002
01:47:49,160 --> 01:47:50,600
couple of years.
What?
2003
01:47:50,600 --> 01:47:51,920
What?
What is it you do?
2004
01:47:52,960 --> 01:47:55,000
Well I'm the national rental
manager.
2005
01:47:55,000 --> 01:47:57,440
I've been that for about the
last two years since we've
2006
01:47:57,440 --> 01:48:02,320
expanded to to four locations.
We have a location of course the
2007
01:48:02,440 --> 01:48:05,840
the first where where I started
and where the company started in
2008
01:48:05,840 --> 01:48:09,200
Wilmington DE.
Then we opened our shop in Las
2009
01:48:09,200 --> 01:48:13,520
Vegas which was closer to to
Michael and and and where he he
2010
01:48:13,520 --> 01:48:17,000
does his business.
So we opened that one next and
2011
01:48:17,000 --> 01:48:20,800
then we opened the National shop
and then just this year opened
2012
01:48:20,840 --> 01:48:22,640
the, the Teterboro, New Jersey
location.
2013
01:48:22,640 --> 01:48:28,680
So we've got a pretty
widespread, we're pretty
2014
01:48:28,680 --> 01:48:32,080
widespread now which is kind of
what I always wanted to because
2015
01:48:32,080 --> 01:48:35,120
it's it's like it was constantly
shipping to the West Coast and
2016
01:48:35,120 --> 01:48:37,880
things like that in the past.
And it was just like, gosh, it
2017
01:48:37,880 --> 01:48:40,880
would be so nice just to have
somewhere central, you know,
2018
01:48:40,880 --> 01:48:43,040
somewhere on the West Coast
where we could service these
2019
01:48:43,040 --> 01:48:48,360
customers and it's win, win,
win, win situation 100%.
2020
01:48:48,520 --> 01:48:51,800
I would assume the Vegas office
like grew like a weed
2021
01:48:51,840 --> 01:48:54,760
immediately, and probably even
to.
2022
01:48:55,240 --> 01:48:56,880
I don't know if it's your
biggest office, but it's
2023
01:48:56,880 --> 01:48:58,800
probably pretty damn close I
would guess.
2024
01:48:58,920 --> 01:49:03,440
It it's it's doing really well.
You know it's we're we're we
2025
01:49:03,440 --> 01:49:06,200
were East Coast company for the
most part to start.
2026
01:49:06,200 --> 01:49:09,240
So that's where a lot of our
business, our core business was
2027
01:49:09,240 --> 01:49:11,960
from.
But of course by adding the
2028
01:49:11,960 --> 01:49:15,480
Vegas location, all those
customers that we dealt with on
2029
01:49:15,560 --> 01:49:17,760
the West Coast, it makes it so
much easier for him.
2030
01:49:17,800 --> 01:49:22,840
So it increased exponentially.
So all good.
2031
01:49:23,040 --> 01:49:26,040
No it makes huge sense and and
like you said it's closer to
2032
01:49:26,040 --> 01:49:28,800
home for Cannon.
So, so no it's good.
2033
01:49:28,800 --> 01:49:32,520
It's I've enjoyed watching the
company grow and and again I
2034
01:49:32,520 --> 01:49:36,720
love itis I I miss the guy but
I'm so impressed and happy to
2035
01:49:36,720 --> 01:49:39,520
see what Michael has done with
Main Light.
2036
01:49:39,520 --> 01:49:41,680
I think it's a great brand.
I think it's a great company.
2037
01:49:42,040 --> 01:49:44,880
I'm happy to see that all the
key people are still in it.
2038
01:49:45,280 --> 01:49:51,400
You know yourself and and and
Gio and and Randy and you know,
2039
01:49:51,400 --> 01:49:55,240
I mean the key players are still
involved and that's great
2040
01:49:55,240 --> 01:49:58,000
because it doesn't always.
Yeah, Michael definitely put a
2041
01:49:58,000 --> 01:50:00,320
breath of life back into the
company for sure.
2042
01:50:00,640 --> 01:50:03,520
There is no doubt about it.
It's been it's been great since
2043
01:50:03,520 --> 01:50:06,200
he's taken over.
Yeah, so I, you know, I'm not
2044
01:50:06,200 --> 01:50:08,680
going to keep you here all day.
I I really just want to get into
2045
01:50:08,680 --> 01:50:12,840
a few questions and I've, you
know you're one of, as I said
2046
01:50:12,840 --> 01:50:16,520
one of our key sponsors and I've
asked all the other sponsors the
2047
01:50:16,520 --> 01:50:18,760
same questions and got all kinds
of answers.
2048
01:50:19,560 --> 01:50:22,240
But there's kind of a line, a
thread that goes between the
2049
01:50:22,240 --> 01:50:26,640
answers that that tells me that
everybody's probably right.
2050
01:50:26,720 --> 01:50:31,640
And so the first question or or
the first series of questions I
2051
01:50:31,640 --> 01:50:37,000
guess is regarding 2023 and this
can be this can be main light.
2052
01:50:37,000 --> 01:50:40,000
This can be your view of the
industry from main light.
2053
01:50:40,000 --> 01:50:44,520
'S.
Set of glasses, but the business
2054
01:50:44,600 --> 01:50:49,240
overall in 2023?
Better than expected, worse than
2055
01:50:49,240 --> 01:50:51,840
expected, or just like you
thought it would be.
2056
01:50:53,520 --> 01:50:57,120
I'm going to have to say that it
was pretty much as expected due
2057
01:50:57,120 --> 01:51:01,760
to all the the, the, the
weirdness that happened in 2022
2058
01:51:01,800 --> 01:51:04,920
and the fact that you know that
we business was picking up in
2059
01:51:04,920 --> 01:51:07,760
2022, but you never knew when it
was going to.
2060
01:51:07,760 --> 01:51:09,680
The job was going to cancel
early.
2061
01:51:09,680 --> 01:51:12,680
You know, if a tour went out the
door, you know, if it were going
2062
01:51:12,680 --> 01:51:15,400
to come back and for two weeks
instead of eight, you know that
2063
01:51:15,400 --> 01:51:18,000
was the what we were dealing
with in 2022.
2064
01:51:18,520 --> 01:51:22,280
You know, it was it was
definitely, you know, less, much
2065
01:51:22,280 --> 01:51:26,840
less of a fear in 2023, whenever
we sent out a job that it wasn't
2066
01:51:26,840 --> 01:51:29,920
going to cancel.
So I'm going to say things were
2067
01:51:29,920 --> 01:51:32,440
as expected.
I was expecting things to go
2068
01:51:32,440 --> 01:51:38,120
much better than 2022. 20/22 was
good in comparison of course to
2069
01:51:38,120 --> 01:51:42,920
2021 but we did have that that
that's still a lot of questions
2070
01:51:43,080 --> 01:51:47,560
going on and and people still
getting sick and COVID and that
2071
01:51:47,560 --> 01:51:52,920
was canceling a lot of jobs.
So that was a major part of of
2072
01:51:52,920 --> 01:51:56,040
the 2023.
Is it just knowing that stuff
2073
01:51:56,040 --> 01:51:58,440
was coming back?
Do you think as an industry we
2074
01:51:58,440 --> 01:52:01,120
grew in in 23?
I do.
2075
01:52:01,240 --> 01:52:07,680
I really I I I do just because
of of I we're we're also just
2076
01:52:07,680 --> 01:52:09,640
towards the end of the year
starting to see more corporate
2077
01:52:09,640 --> 01:52:14,160
come back more trade show stuff.
So this is all important to our
2078
01:52:14,160 --> 01:52:17,400
industry which was kind of lost
for the last three years for the
2079
01:52:17,400 --> 01:52:20,000
most that's true.
So well and you know it's good,
2080
01:52:20,160 --> 01:52:23,000
it's good to see that come back
and I think 2024 is going to be
2081
01:52:23,000 --> 01:52:26,440
even greater because because of
that aspect of the business
2082
01:52:26,440 --> 01:52:28,200
coming back but.
You know what?
2083
01:52:29,640 --> 01:52:32,600
You know one thing our industry
doesn't seem to pay a lot of
2084
01:52:32,600 --> 01:52:37,600
attention to, but I've had and
again you're the the 5th sponsor
2085
01:52:37,600 --> 01:52:42,920
now that we've talked to about
this stuff, but I've had a lot
2086
01:52:42,920 --> 01:52:47,760
of people concerned about the
election year, the E word about
2087
01:52:47,760 --> 01:52:52,680
the R word recession.
Not, not concerned like tours
2088
01:52:52,680 --> 01:52:55,560
are going to cancel or anything,
but it could impact things like
2089
01:52:55,560 --> 01:52:57,400
what you just said, the
corporate stuff that's been
2090
01:52:57,400 --> 01:53:01,240
coming back.
It wouldn't take much for wars
2091
01:53:01,240 --> 01:53:04,480
and all of these crazy
geopolitical things that we've
2092
01:53:04,480 --> 01:53:07,720
got going on in the world to
sort of upset what's.
2093
01:53:08,360 --> 01:53:09,640
Happening.
It certainly could.
2094
01:53:09,640 --> 01:53:12,160
And interest rates are not fun
to deal with right now, too.
2095
01:53:12,160 --> 01:53:14,760
That's also something that we
have to consider.
2096
01:53:15,640 --> 01:53:18,480
There might not be as much
purchasing next year just
2097
01:53:18,480 --> 01:53:21,920
because of of the the interest
rates that could.
2098
01:53:22,040 --> 01:53:23,560
Help you that could play.
Right.
2099
01:53:23,560 --> 01:53:25,440
Yeah.
That that, that that that could,
2100
01:53:25,560 --> 01:53:28,200
but that that's where that's
where mainly is going to help
2101
01:53:28,200 --> 01:53:30,880
out a lot of people is whenever
companies have reached their cat
2102
01:53:30,880 --> 01:53:34,160
that's cat backs et cetera, you
know we're we're going to have
2103
01:53:34,160 --> 01:53:36,240
the equipment.
Yeah exactly.
2104
01:53:36,240 --> 01:53:39,520
So you know that's what we're
we're we're here to help.
2105
01:53:39,520 --> 01:53:42,760
So it's always I'm looking
forward to 2024.
2106
01:53:42,800 --> 01:53:46,240
Has supply chain still been an
issue for you guys in 23 or or
2107
01:53:46,240 --> 01:53:49,600
that's pretty much settled?
Beginning of the year, we were
2108
01:53:49,600 --> 01:53:52,680
definitely seeing it, but in the
in the first three to four
2109
01:53:52,680 --> 01:53:55,480
months and then the like the
last six months, it's gotten a
2110
01:53:55,520 --> 01:53:59,560
lot better in 2023 with getting
the parts we need to keep the
2111
01:53:59,600 --> 01:54:01,160
lights out working to.
Yeah.
2112
01:54:01,320 --> 01:54:04,280
So yeah, it's much better the
second-half of the year.
2113
01:54:04,560 --> 01:54:07,240
That's good.
So you're expecting this year
2114
01:54:07,240 --> 01:54:10,680
more of the same or or do you
think 24 is going to be wildly
2115
01:54:10,680 --> 01:54:12,640
different?
Do you think it's going to keep
2116
01:54:12,640 --> 01:54:14,360
growing?
Is it going to be flat?
2117
01:54:15,240 --> 01:54:18,440
I think it's it's going to grow.
It's going to grow a little bit,
2118
01:54:18,440 --> 01:54:20,440
you know, there's I think
there's going to be, there's
2119
01:54:20,440 --> 01:54:23,440
going to be larger tours this
year that didn't happen last
2120
01:54:23,440 --> 01:54:26,560
year because people are are are
more comfortable with it, you
2121
01:54:26,560 --> 01:54:28,000
know.
So there's I think there's going
2122
01:54:28,000 --> 01:54:32,240
to be, there's going to be more
stadium tours next year or
2123
01:54:32,920 --> 01:54:34,800
that's bigger acts coming out.
That's wild, you know.
2124
01:54:35,520 --> 01:54:38,120
The number of stadium tours
blows my mind.
2125
01:54:38,120 --> 01:54:40,280
I talk about it all the time on
my podcast.
2126
01:54:40,280 --> 01:54:43,880
Like the fact that Mötley Crüe
is doing stadiums, you know, and
2127
01:54:43,880 --> 01:54:49,160
and the weekend and all of these
acts that to me are arena acts
2128
01:54:49,160 --> 01:54:52,080
are are out filling stadiums
right now.
2129
01:54:52,080 --> 01:54:54,760
There's such an appetite for
live music.
2130
01:54:54,880 --> 01:54:57,360
There certainly is.
There certainly is an appetite
2131
01:54:57,360 --> 01:54:59,960
for it you know and that's great
for our industry.
2132
01:55:00,640 --> 01:55:04,480
Oh yeah, we we had a, we had a
great run with a with a customer
2133
01:55:04,480 --> 01:55:06,360
of ours and a comedian this past
year.
2134
01:55:06,520 --> 01:55:10,680
So you know the it's it's it's
all it's business is all there.
2135
01:55:11,520 --> 01:55:15,000
Yeah, yeah.
And, you know, apparently, like
2136
01:55:15,000 --> 01:55:18,440
if you listen to to Live Nation,
it's growing.
2137
01:55:18,440 --> 01:55:21,480
You know, like they think that
there's a huge amount of of
2138
01:55:21,480 --> 01:55:24,880
untapped potential still to grow
for live events.
2139
01:55:24,880 --> 01:55:28,280
So, you know, hey, I mean,
there's gonna continue.
2140
01:55:28,280 --> 01:55:30,080
Getting a.
Shortage of equipment this year
2141
01:55:30,080 --> 01:55:33,400
apparently, so main light is
gonna capitalize on that I'm
2142
01:55:33,400 --> 01:55:35,880
guessing.
We're here to help for sure.
2143
01:55:36,320 --> 01:55:38,120
So give me, give me a big
prediction.
2144
01:55:38,960 --> 01:55:42,800
Anything you know, a a tour that
might get a band getting put
2145
01:55:42,800 --> 01:55:46,640
back together, a market trend
like lights coming from outer
2146
01:55:46,640 --> 01:55:48,720
space, I don't know.
But anything?
2147
01:55:48,720 --> 01:55:53,920
You know, maybe maybe we can get
something to happen like Virgin
2148
01:55:53,920 --> 01:55:57,280
Atlantic and Yellow to come out.
You know, where we do the first
2149
01:55:57,280 --> 01:56:00,520
show in outer space, where we
build, where we build an arena
2150
01:56:00,520 --> 01:56:03,640
in outer space and we floated
out there and we have Richard
2151
01:56:03,640 --> 01:56:07,400
Branson fly people out to it and
we have like one of the most
2152
01:56:07,400 --> 01:56:09,880
spectacular yellow, yellow shows
ever.
2153
01:56:10,040 --> 01:56:11,960
You know, that's kind of
something I would like.
2154
01:56:12,840 --> 01:56:15,200
That sounds fun.
I don't know if I can take it,
2155
01:56:15,200 --> 01:56:18,240
but.
But for real, you know, I'm, I'm
2156
01:56:18,280 --> 01:56:21,240
a big, I like the old school
bands like Electric Light or I'd
2157
01:56:21,240 --> 01:56:23,480
love to see Jeff Lynn bring it
back out again.
2158
01:56:23,520 --> 01:56:26,160
And with the production, With
the production, it deserves
2159
01:56:26,160 --> 01:56:28,600
something like.
That, you know, I Speaking of
2160
01:56:28,600 --> 01:56:32,760
old school bands, I just started
listening to a podcast that was
2161
01:56:32,760 --> 01:56:37,280
recommended to me.
Where the heck is it?
2162
01:56:38,120 --> 01:56:40,000
It was.
I wasn't recommended to me.
2163
01:56:40,000 --> 01:56:43,480
I was listening to Rick Rubin
talking somewhere, and Rick
2164
01:56:43,480 --> 01:56:47,600
Rubin mentioned this podcast
called A History of Rock Music
2165
01:56:47,600 --> 01:56:50,920
in 500 Songs.
It's incredible.
2166
01:56:50,920 --> 01:56:53,000
It's it's a that sounds.
Really cool.
2167
01:56:53,320 --> 01:56:56,400
British guy named Andrew Hickey
and and like every episode,
2168
01:56:56,400 --> 01:57:00,320
like, I just listened to the
episode about Hey Jude and it
2169
01:57:00,320 --> 01:57:02,240
goes into way more than hey,
Jude.
2170
01:57:02,240 --> 01:57:05,640
But you know, I don't know that
much Beatles history, you know,
2171
01:57:05,640 --> 01:57:07,840
cuz I was never a massive
Beatles fan.
2172
01:57:08,240 --> 01:57:09,920
But it's so.
Interesting.
2173
01:57:09,920 --> 01:57:13,720
Like I learned so much in a 90
minute podcast or whatever.
2174
01:57:14,160 --> 01:57:16,160
But yeah, send me the link.
I'd like to check that out.
2175
01:57:16,240 --> 01:57:18,360
Yeah, I will.
I'll send it to you for sure.
2176
01:57:19,600 --> 01:57:23,480
So, yeah, I mean, what about
product trends, anything?
2177
01:57:23,800 --> 01:57:27,760
Do you see anything evolving,
changing?
2178
01:57:27,760 --> 01:57:30,360
Like, I'll give you one thing
that I've noticed.
2179
01:57:30,360 --> 01:57:33,640
And I wasn't at LDI, but I've
paid a lot of attention to what
2180
01:57:33,640 --> 01:57:36,080
went on at LDI.
And there's this new thing where
2181
01:57:36,080 --> 01:57:41,560
it's lumens per pound or lumens
per kilogram or whatever, where
2182
01:57:41,600 --> 01:57:45,880
lights are getting smaller and
lighter, you know, like that
2183
01:57:45,880 --> 01:57:48,440
little Mac, which I'm sure
you'll have thousands of them in
2184
01:57:48,440 --> 01:57:49,720
your inventory.
Oh yeah.
2185
01:57:49,720 --> 01:57:53,920
And you know that's kind of what
I was thinking is, yeah, it's
2186
01:57:53,920 --> 01:57:57,480
it's all the product trend, you
know, like the Martin Mac one
2187
01:57:57,480 --> 01:58:00,680
and it's, it's getting as much
punch as you can out of a small,
2188
01:58:01,000 --> 01:58:04,240
out of a small fixture we have.
There's a lot of large fixtures
2189
01:58:04,240 --> 01:58:06,320
with with a lot of lumens out
there right now.
2190
01:58:06,320 --> 01:58:10,680
They've stepped it up in the LED
market for sure but now we need
2191
01:58:10,680 --> 01:58:13,960
to it's it's now the small
fixture that's gonna that we
2192
01:58:14,400 --> 01:58:16,160
that people are looking for with
that punch.
2193
01:58:16,880 --> 01:58:19,920
So I think that's gonna be an
important trend for the what.
2194
01:58:19,960 --> 01:58:23,800
About what about IP ratings like
you know are, do you see us
2195
01:58:23,800 --> 01:58:26,920
getting close to a point where
people won't buy fixtures that
2196
01:58:26,920 --> 01:58:30,720
aren't IP?
You know, we're kind of in that
2197
01:58:30,720 --> 01:58:33,320
boat where of course the
majority of our inventory is
2198
01:58:33,320 --> 01:58:36,200
being pushed in that direction
because of what we do and dry
2199
01:58:36,200 --> 01:58:38,040
hire you.
You want to make sure that the
2200
01:58:38,040 --> 01:58:41,960
equipment stays in good shape
and the IP rated fixtures are
2201
01:58:41,960 --> 01:58:45,440
the way to do it.
You know it makes total sense.
2202
01:58:45,440 --> 01:58:48,080
It don't really depends on you
know where you're doing your
2203
01:58:48,080 --> 01:58:51,760
shows mostly.
It it makes you so much more
2204
01:58:51,760 --> 01:58:55,120
flexible and versatile too,
because like if you have for
2205
01:58:55,120 --> 01:58:58,360
example, let's say you're down
to your last 12 lights in your
2206
01:58:58,360 --> 01:59:02,360
shop and their IP fixtures.
You can use IP fixtures indoors,
2207
01:59:02,360 --> 01:59:04,560
but you can't use non IP
fixtures.
2208
01:59:04,560 --> 01:59:07,200
Outdoors, yeah.
And that's that's kind of the
2209
01:59:07,440 --> 01:59:11,560
the reason we we had behind
whenever we decided to to jump
2210
01:59:11,680 --> 01:59:16,080
heavier into IP in in the 2023,
yeah and 2022 of course.
2211
01:59:16,080 --> 01:59:19,680
Yeah, and now some of the stuff
coming out either from Elation
2212
01:59:19,680 --> 01:59:24,760
or even Chauvet.
Certainly Ayrton IP fixtures are
2213
01:59:24,760 --> 01:59:27,960
not as expensive as they were,
like they used to be 30% more
2214
01:59:27,960 --> 01:59:30,800
than a non IP fixture.
They're not as heavy as they
2215
01:59:30,800 --> 01:59:32,320
were, they.
Used not as heavy, that's.
2216
01:59:32,320 --> 01:59:33,480
So much.
Heavier.
2217
01:59:34,440 --> 01:59:37,760
The weight is the huge thing and
that's what kept us out of the
2218
01:59:37,760 --> 01:59:41,640
IP market originally was, you
know, we had a few fixtures, but
2219
01:59:41,640 --> 01:59:44,520
my God, whenever you're putting
them on the trusses to test them
2220
01:59:44,520 --> 01:59:47,080
and things, it's just like,
well, we can't have too many of
2221
01:59:47,160 --> 01:59:50,400
these.
But with the weights coming
2222
01:59:50,400 --> 01:59:54,120
down, that's probably the most
important part in my opinion,
2223
01:59:54,560 --> 01:59:57,080
was the fact that we were able
to get the weights down.
2224
01:59:58,000 --> 02:00:03,560
Do you have any role in the
selection of equipment like is
2225
02:00:03,560 --> 02:00:04,560
it by?
Committee.
2226
02:00:04,560 --> 02:00:06,440
Is there?
Are you part of a committee that
2227
02:00:06,760 --> 02:00:09,200
determines?
Essentially, yes.
2228
02:00:09,200 --> 02:00:12,440
You know, we we get, we get
requests all the time for stuff
2229
02:00:12,440 --> 02:00:16,000
that we don't have and we keep
we keep a list of of the items
2230
02:00:16,000 --> 02:00:19,720
that people are asking for.
And as that list grows, we look
2231
02:00:19,720 --> 02:00:23,600
at that list seriously as as
what to consider for our next
2232
02:00:23,600 --> 02:00:25,600
purchase.
Yeah, yeah, that makes.
2233
02:00:25,800 --> 02:00:28,880
Sense.
So I I'm big part of of of what
2234
02:00:28,960 --> 02:00:32,000
we purchase in the future just
based on requests.
2235
02:00:32,160 --> 02:00:33,120
Yeah, yeah.
Good.
2236
02:00:33,720 --> 02:00:37,480
You live in Delaware still.
I live in Lancaster County,
2237
02:00:37,480 --> 02:00:41,080
Pennsylvania.
I live just S southwest of
2238
02:00:41,080 --> 02:00:43,520
Lancaster, PA Cool.
Yeah, the farm.
2239
02:00:43,520 --> 02:00:44,800
Do you?
Do you have to travel to the
2240
02:00:44,800 --> 02:00:49,720
shops an awful lot?
I go into the Delaware office
2241
02:00:50,440 --> 02:00:53,760
once a month in New Jersey
office every other month.
2242
02:00:55,320 --> 02:01:00,240
Nashville 2 or 3 * 4 * a year.
In Vegas, two or three times a
2243
02:01:00,240 --> 02:01:01,640
year.
Yeah, that makes.
2244
02:01:01,680 --> 02:01:03,760
Sense mostly work here remotely
from home.
2245
02:01:04,240 --> 02:01:05,640
Well, you guys have such a great
team.
2246
02:01:05,640 --> 02:01:09,200
I mean, it's not like Nashville
needs you there or whatever,
2247
02:01:09,200 --> 02:01:10,280
right?
Like it's.
2248
02:01:10,280 --> 02:01:12,720
Nice it's all about.
It's all about having putting
2249
02:01:12,720 --> 02:01:16,160
the right people in place and
making sure that the job gets
2250
02:01:16,160 --> 02:01:18,360
done on all levels, which is
what Main Light does.
2251
02:01:18,360 --> 02:01:21,400
So I'm happy to to be working
for such a great company.
2252
02:01:21,560 --> 02:01:25,760
It is a great company and I'm,
I'm, I'm happy that they're one
2253
02:01:25,760 --> 02:01:28,000
of our sponsors, because when
they're not our sponsor anymore,
2254
02:01:28,000 --> 02:01:30,400
then I'll just talk shit about
Canon and I'll say Main Light's
2255
02:01:30,400 --> 02:01:31,880
a shitty company.
They used to be good.
2256
02:01:31,880 --> 02:01:34,160
I remember when they were good,
but they're not going anymore.
2257
02:01:35,760 --> 02:01:38,400
So a bonus, bonus question for
you.
2258
02:01:38,400 --> 02:01:41,600
And I don't know if you've ever
heard our podcast, but we get a
2259
02:01:41,600 --> 02:01:44,520
We get lighting designers on
front of house engineers,
2260
02:01:44,520 --> 02:01:49,200
managers, production managers,
tour managers, company owners,
2261
02:01:50,280 --> 02:01:53,480
account execs, all kinds of
people.
2262
02:01:53,480 --> 02:01:56,560
Anyone you'd like to see us
bring onto the podcast?
2263
02:01:58,480 --> 02:02:00,080
Have you ever had Mike Finnicaro
on?
2264
02:02:00,080 --> 02:02:01,400
I don't believe you have.
Have you?
2265
02:02:01,680 --> 02:02:03,280
No.
He would be great.
2266
02:02:03,320 --> 02:02:05,200
He's a he's a good.
He's a good guy.
2267
02:02:05,200 --> 02:02:07,960
Great personality, good person
to talk to.
2268
02:02:08,600 --> 02:02:10,720
I would recommend Mike Finn
Finnicaro.
2269
02:02:11,080 --> 02:02:15,320
The only reason I know Mike Finn
is is through Cosmo posting
2270
02:02:15,320 --> 02:02:17,920
thousands of pictures of him and
Mike and.
2271
02:02:18,000 --> 02:02:20,440
He's a great guy.
If you could do me a favor and
2272
02:02:20,440 --> 02:02:23,480
just shoot me back an e-mail
with his e-mail address, that
2273
02:02:23,480 --> 02:02:26,040
would be super helpful and we'll
reach out to him and see if he's
2274
02:02:26,040 --> 02:02:28,000
interested in jumping on that
would.
2275
02:02:28,000 --> 02:02:28,640
Be really?
Absolutely.
2276
02:02:28,640 --> 02:02:29,960
Thanks.
Thanks for that suggestion.
2277
02:02:30,520 --> 02:02:32,920
Well, happy New Year and thanks
for taking the time to do this.
2278
02:02:32,920 --> 02:02:35,440
We appreciate you jumping in and
doing it and we appreciate main
2279
02:02:35,440 --> 02:02:39,200
Light very much and.
Happy New Year and thank you.
2280
02:02:39,680 --> 02:02:41,200
All right my friend.
See ya.
2281
02:02:41,360 --> 02:02:43,200
All right, Marcel.
Well, we appreciate it.
2282
02:02:43,320 --> 02:02:44,440
Take care.
Thanks man all.
2283
02:02:45,120 --> 02:02:45,320
Right.
Bye.