Episode 21: Olivier Chastan, Founder & CEO of Iconoclast

                                                                                  Olivier Chastan is the founder and CEO of Iconoclast, a company acquiring and managing the intellectual property of iconic entertainment artists, creators, and brands. Over the past year or so, Iconoclast acquired the IP of Tony Bennett, The Band, The Murder, Inc. (Ja Rule, DMX, etc.), DJ Diplo, and many others. Olivier has more than 20 years of experience in the music industry, including a decade of running VP Records, one of the largest independent labels in the USA.  We spoke about the music industry's ecosystem, investments in music catalogs and their valuations, his adventures in the music industry, and many other nerdy music-related things.  Timestamps 01:35 Iconoclast 02:55 Music Business 10:15 Attorney's role 11:55 Artists' revenue streams 12:55 Who gets paid more artists or the writer 17:55 Covers are paid 18:55 Story behind Iconoclast 24:55 It's not about Maximizing cash flow 28:40 Valuations of music catalogs 32:10 Is the future technological change included in the price 36:55 Practice helps separate emotions from investment 42:55 The 1960s-70s were a unique era 47:25 Do Interest rates affect music catalogs' valuations? 50:15:20 Murder, Inc. acquisition 52:25 Irv Gotti is an extraordinary entrepreneur 59:25 Growing up in a village around Bordeaux  01:11:00 Photography 01:17:05 Move to the US and career change 01:23:00 Bass is underrated 01:27:00 VP Records and Greensleeves 01:32:00 What saved the music industry 01:38:30 Irving Azoff 01:46:30 Memorable career moments 01:50:10 Blitz