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Los Angeles -- two and a half billion dollar AULA live entertainment district is now open for business -- Our two people in the center of that actor Jimmy Smits and Brad collapsing to owners of the -- room.
Which had its grand opening earlier this week in the complex good to have you both the -- let me talk to you first about this.
I -- to hide it you know I don't -- -- I -- do you guys you know you're talking about.
An opportunity to put money into an investment which is a good thing because actors are notoriously not great -- -- -- are getting investments but.
Tell me about this little it and how would you date data on I don't know why we haven't LA enough back up.
But tell us about them.
Well it's a it's a wonderful opportunity I think for us -- here at the -- in the room to be a part of this.
Tremendous center here at present time it conflicts.
LA live -- know we're very excited about making the move then.
Having our doors open to a place where people from all over the country are gonna come and go Los Angeles -- residents to really enjoy entertainment on a lot of different levels.
Bradley we know the downside of opening a business and a down market there -- a lot of downsides like trying to get credit and so forth.
But -- got -- -- plus side for example you're getting real estate a lot cheaper now.
Then you would have gotten -- a year ago right.
Well last night and then right before or any indication we were packed with -- -- the door and you're talking about a demographics it comes down -- -- alive.
Which is -- -- -- got sports entertainment the staples centers -- 250 -- -- year you've got tourism and you've got business.
I think you've got a whole new residential sectors living downtown and of course you've got the staple.
Conga room traffic that's come here for ten years anyway that's a great we're excited about it.
Yeah -- and tell because you know this is something that is is very near and dear to your heart but.
Tell me how you're going to drum up real support for this what kind of effort aside from the fact that you have big crowds coming up the Staples Center.
Are you really going to do to make sure that this place remains film.
Well I think the fact that we're gonna have.
What Brad just alluded to in terms of all of the people that are going to be coming at the kind of put threat that you're gonna have we're gonna -- our advertising campaigns anything that would do.
In a normal business that you know.
Keep it going.
Well I'll go on the giant and everywhere performance and music and you've got your thinking on New Year's Eve and Anthony -- then.
We -- well I am one of the car owners from the black -- he's fair play on opening night so we brought traffic based on our music on the culture of what we do.
There Jimmy I got to ask you -- I definitely provided have you invited the president elect you played.
A person that was apparently patterned after the west wing of -- to Barack Obama to come.
I think the president elect got -- hands -- but tonight and nobody.
What will he got his own little dancing elephant he needs a little light entertainment this sort of lighten things up.
Hey Brad we gotta we gotta keep the good news going -- tell me about.
The Genesis of this I believe you went to my alma mater Beverly hills high school -- You -- having breakfast in the Miracle Mile district and you saw blacks across the street.
Well it was a Jacquelyn -- by having closed for two years with pigeons flying around the place and on the salsa dance aficionados this was originally a brainchild is going to be a little salsa club and maybe -- -- some let her afterwards and make a buck.
Then Jimmy Smits Jennifer Lopez and Paul Rodriguez came into the -- the rest is history and one of the great things about the new venue to added a couple partners.
Trevor -- -- from the lakers Baron Davis from the clippers well I am.
So it gives a global B five to the -- rooms that we are principally -- or -- opening herself up other music genres.
But the venue every week you know as you can see here it is newly built so it's it's state of the -- we have -- the space.
Broadcast -- that we can.
You know broadcast from -- -- will move -- and -- 40% for him all levels.
-- we used to have a club your golf the Copacabana my wife tries to go there -- for Baghdad that died.
There's only about one -- two Latin clubs let me get -- if you're successful where will you open one of these.
That's next -- -- -- people you're going to be reminded investors and I don't live as a model I just for the dancing privileges alone I'd do it.
No but they cope with the good comparison because we really feel the -- -- iconic here in Los Angeles just like the couple was for many years in New York.
First things force like Jimmie said we have a -- -- and broadcast five we have rights -- programming in the Nokia plaza here.
And let's take this thing the next -- -- and -- -- -- go from there by the way I got a partner for you to be Chris Null.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Synergy you got to -- your -- there you go words would we make deals happen here Fox Business guys doubt that the -- went out and hits you up for -- -- -- -- little bit -- the top there is a little -- the bar that's on it today that and he got eight guys I just want that one kid that you talked about Jimmy and celebrities.
Jimmy can be seen at the venue doing everything from bar tending to security and he really he's got.
That's all right hey hey hey he's finding that out for the first time grab -- all have at the velvet -- decide on candidates yeah yeah right and I didn't get it is he's not he's awesome.
Bad guys hey -- head -- that.
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