StoryCo
Summary A cold email, a chest-infection phone call, a buyout, and 951 sold-out shows since 2021. The CEO of Defected Records on what holds the centre. Episode Overview Wez Saunders cold-emailed Simon Dunmore in 2013. Two days after a meeting in which Dunmore said he could sell a pen, Wez was home with a chest infection when Dunmore called. He took the club promotions job. Four years later he ran Defected. In an hour with James Kirkham, Wez traces the line from a dropped Sony Walkman tuned to Kiss FM, through twelve years on the fast track at Deutsche Bank, to the summer of 2008 when his brother was diagnosed with leukemia and died in 23 days. He explains the £265 first quarterly paycheck from his first label that forced him to build an ecosystem rather than one imprint. He walks through the management buyout that made him chairman as well as CEO, the ninety-page manifesto he wrote for staff, and the pendulum metaphor he uses to keep house music's centre still while its edges swing. Then come the numbers: since 2021, Defected has put on 1,033 events outside Ibiza and 951 of them have sold out, against a live scene squeezed by inflation, war in Ukraine, and venue closures. He covers the fifty-plus-show virtual festival run during COVID that reached tens of millions, why a market that has gone from 100,000 songs a day to 140,000 makes brand and provenance matter more not less, and why bands like Jamie Webster and The Lathums may be the early signal of an AI-era backlash. The through-line he keeps coming back to is one word: community. Chapters (00:00) Cold open and intro (01:30) Tell me a story: Kiss FM, decks at fourteen, blagging gigs (05:30) Married at 22, Deutsche Bank, brother dies in 23 days (07:00) Endemic Digital, £265 and an ecosystem of labels\ (09:30) Cold email to Simon Dunmore: sell me this pen (11:30) The phone call in bed: club promotions to MD (14:30) COVID and the virtual festival born on a Sunday WhatsApp (17:30) The management buyout: from licensee to CEO and chairman (22:30) Cola, streaming and why Defected stopped licensing out (27:30) 1,033 events, 951 sold out, the squeezed live scene (35:00) The ninety-page manifesto and the pendulum (38:30) AI, 140,000 songs a day and a bands renaissance "Since 2021 we've put on 1,033 events that are not Ibiza. 951 of them have sold out." — Wes Saunders About the guest Wez Saunders is the CEO and chairman of Defected Records, the independent dance label founded by Simon Dunmore in 1999. He spent twelve years in finance, joining Bankers Trust in 1999 and rising on a fast track at Deutsche Bank, before leaving on his thirtieth birthday to acquire Endemic Digital and re-enter music. He joined Defected in 2014 as club promotions manager after cold-emailing Simon Dunmore, became managing director within four years, led the company through COVID with a fifty-plus-show virtual festival run that reached tens of millions, and led the management buyout that made him chairman as well as CEO. Defected and its sister brand Glitterbox have put on 1,033 events outside Ibiza since 2021, of which 951 sold out, and now move roughly a million tickets a year. Listen elsewhereApple Podcasts: https://podcasts.apple.com/gb/podcast/storyco/id1886770413 [https://podcasts.apple.com/gb/podcast/storyco/id1886770413]YouTube: https://www.youtube.com/@StoryCoPodcast [https://www.youtube.com/@StoryCoPodcast]Website: https://www.storyco.site [https://www.storyco.site]Follow: @StoryCoPodcast Credits Host: James Kirkham Guest: Wez Saunders Producer: Jago Lee Assistant Producer: Nelly Batt Editor: Ryan O'Meera Music: Doubt Point Recorded at TYX Studios, Kings Cross, London
11 episoder
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