Disruptors

From MLB to Metallica: The Canadian company redefining live events

SPEAKERS

David Ross, John Stackhouse

John Stackhouse 00:00:10

Hi, it’s John here. I want you to close your eyes for a moment and picture a few things.

First, let’s start with a pro football game and those seemingly magical first down lines that stretch across your screen. Or, what about those golf games where you can now hover over the green and feel a bit like a bird? And who can forget those incredible moments at the Milano Cortina games where, thanks to new camera technology, it felt like we were all part of the ski cross race. Okay, keep your eyes closed and imagine the last concert you were at. It probably didn’t feel like a concert that you might’ve gone to years or decades ago. Concerts today, especially in big stadiums, are explosive in sound, but you have 360-degree imagery all around you. The performers on stage are now, well, just part of the concert. Behind all of this is a remarkable Canadian company, and odds are you’ve never heard of it until now.

Ross Video sits on the outskirts of Ottawa in a really unassuming brown brick campus that could pass, well, for a community college. Then you walk inside and start to see some of the tells. The first is an Emmy Award on the reception desk, and then there’s a wall covered in the caps of almost every major league sports team you can name because this company has worked with them all. Open some more doors, and you come across green screen studios, robotic labs, and control systems being built for some of the biggest live productions on Earth. Ask Taylor Swift who created some of the magic of the Eras Tour, and she might say Ross Video. You’ll get the same answer from Metallica, Coldplay, and every team in Major League Baseball.

This is one of the most innovative companies I think I’ve come across anywhere. It’s also part of a much bigger economic story, one worth roughly $ 500 billion globally. That’s the live entertainment ecosystem that is reshaping how audiences and businesses experience everything from sport to politics to music. Ross Video was started by a great Canadian, John Ross, an engineer whose analog video switcher brought the 1976 Montreal Olympics to the world through the CBC. His son, David, another engineer, took that foundation and built it into a live production powerhouse that’s now operating in more than 100 countries all from this corner of Ottawa. Ross Video strikes me as the kindest story Canadians really need to hear more of these days. It’s about innovation, it’s about global ambition, and it’s about doing a lot of incredible things, including building robotic cameras right here in Canada. That’s the vision and the passion of pretty much everyone in the country, but especially of its CEO, David Ross.

David, welcome to Disruptors.

David Ross 00:03:14

Thank you.

John Stackhouse 00:03:15

I find this, as I said in the introduction, the most interesting company so many people have not heard from. I want to kick off just asking, how do you describe Ross Video to people who are not familiar with it?

David Ross 00:03:29

I thought of a billion different sort of elevator pitches, and I think one of the ones that I like is, “We’re in the business of keeping our famous customers famous through the use of high-end video.” Because if you’re using video at the level that Ross Video provides, you want to reach a lot of people. If you want to reach a lot of people, you’re either famous or you want to be famous.

John Stackhouse 00:03:49

You joined the company 30 years ago, 35 years ago?

David Ross 00:03:51

1991.

John Stackhouse 00:03:52

35 years ago.

David Ross 00:03:54

Right.

John Stackhouse 00:03:55

What did you see or feel as you were starting to take over the company that allowed you to grow it to what it is today?

David Ross 00:04:01

Fear. I came home from university, and my mom said, “You need to go upstairs and talk to your father. He’s one signature away from selling the company.” I wasn’t sure if I was going to want to start work at Ross Video. I was interested in working for maybe NASA or… I heard that Bill Gates came by the University of Waterloo, I’m an engineering student at the time, and I talked a good game about joining Microsoft. I thought I had a big career in joining Ross Video, town of 1, 200 people. Dad just laid off two thirds of the company in the recession from ’89 to ’91. Oh, boy, that’s not what I envision for the grand future of my life, I guess. I talked to dad and I said, “So what’s going on?” He says, “Well, having a challenge seeing a future with the company. I’ve got an offer,” and I said, “Well, maybe we can turn it around together.” He actually looked at me and he said, “Well, there’s a lot of satisfaction you can get from building something out of nothing.”

John Stackhouse 00:04:57

Take us back to the origin story and what your dad, John Ross, still with us, developed in the early 1970s and how that started to transform how we view and experience sport in particular.

David Ross 00:05:11

Well, back in the early 1970s, it was all about the technology. Was your product more functional, cheaper, using the latest tech? But I don’t think anybody who was really focusing on transforming the world is… You have a product, the other guy has a product, you try to make a better product.

John Stackhouse 00:05:27

Right. He developed the 16-4-

David Ross 00:05:30

Yes.

John Stackhouse 00:05:30

… switcher that, for those of us a certain age, actually made the Montreal Olympics as memorable as they are in a good way. What was it about that device that laid the foundation for what Ross is today?

David Ross 00:05:44

I think it was kind of the right product at the right time. It was exactly the right size. It was a really good price point. It was very powerful for the amount of electronics. My dad was an analog design genius, you could sort of say, where he would be able to see the circuitry in a way that was more reliable, higher quality for less parts than anybody else seemed to be able to do anywhere in the world, and so you can say that the company was founded on innovation.

John Stackhouse 00:06:14

It’s fascinating what has happened to the live event business, sport, and entertainment. They’ve become multimedia platforms, not just experiences. So much of what we all enjoy and maybe take for granted is thanks to Ross Technologies. How has the live event market evolved, and what have been those kind of signature changes over the last decade even that have allowed you to be where you are?

David Ross 00:06:40

There’s a couple of things that drove change. I think the biggest one was the fact that the screens got cheaper. It used to be LEDs or the jumbotrons. Basically, it was a television monitor for every pixel, and they took enormous amounts of power, very expensive, very low resolution. As the LED walls started to become more and more dense, cheaper, less power, then people said, “How do we drive all those pixels?” It’s not just one screen. It’s many screens of all different sizes of all different shapes throughout the venue, inside the venue, and outside the venue. And then you think about the canvas of the field as being another set of pixels that you’re drawing on in a virtual world. So it’s just this explosion of what you can see.

John Stackhouse 00:07:30

So there’s been a kind of a tech enablement. That’s also changed expectations in all of us as fans. I can’t even imagine a concert without a screen. If it was just a screen allowing me to see a closeup of the stage, I’d probably be disappointed. Same at the sporting event, hard to imagine a game, rightly or wrongly, without a screen. How have we changed as the end user in your view over the last decade or two?

David Ross 00:07:54

We’re getting much more used to a lot of data coming at us. It used to be that your high school gym that would just show the score and almost nothing else than score and the time left, and now you see what the scores are, you see the statistics, the strike zone, you may see the golf ball curve, the heat map on the floor of all the different places where they took their shots from basketball. You see all the data about all the players of everything that they’ve ever done in their lives, and it just keeps going. It’s not just about moving video, it’s about presenting that data in an interesting and consumable way. There’s lots of periods of times where the things aren’t happening, and the goal I think of some of the sports teams and the venues, as well as just broadcasters in general, is how do you keep people’s attention?

In a stadium in particular, the moment that the play stops is the moment where the stadium sort of kicks in and says, “Now, we’re going to have some fun, and we’re going to do it together, and we’re going to enjoy things.” And maybe at the same time, they’ll work in the ads that sort of pay for the whole experience at the same time, but there’s a really interesting weaving of the way that the game moves into the experience, and the advertisers move in and out, and the statistics move in and out. There’s a lot going on.

John Stackhouse 00:09:14

Talk a bit about the businesses that are between the fan and either the performer or the athlete, usually a stadium, of course, the team. I’m curious what they’re looking for, because you talk to them all the time, that’s your business. What are they looking to fulfill in building out, frankly, really expensive operations, billion-dollar stadiums and the whole district around them, as well as the cost of putting a team on the field or an artist on stage?

David Ross 00:09:42

They’ve got a lot of things that they’re juggling at once. You could sort of say at the base of it all is their brand. That sporting team, that venue, that brand has value, and so it’s all about the fact that there’s only one hockey team in Ottawa, there’s only one football team in Los Angeles as a professional level. Because there is that uniqueness and you have this fan following, how do you keep that excitement up, keep the eyeballs on that instead of some other sport, because there’s competition, or some other event, and keep it fun? It all has to hold together.

John Stackhouse 00:10:19

These stadiums have become destinations. They’re tourist destinations. I think of AT& T. There’s only one Dallas Cowboys, but there’s also only one AT& T Stadium. It’s an attraction not because of the Cowboys on their own, but because of the experience, including the screens and what you provide for that.

David Ross 00:10:37

Yeah, and that’s actually a really interesting thing about what’s going on in the business that we’re in. Because you could say a long time ago, we would be in the business of providing the technology for a television broadcaster. If you think about a sports team or a corporation now that’s using our technology, it’s a brand amplification technology. So it’s not about how much money goes into the equipment that you buy and then how much advertising do you get on the output, it’s how does that change the perception of AT& T.

John Stackhouse 00:11:08

That’s a really interesting view of the business strategy, but the brands are not just companies now. What do you figure is still growing? Because 10, 15 years ago, there were probably a lot of media analysts who said that all of this is going to be disrupted and the individual will take it over.

David Ross 00:11:25

They were wrong.

John Stackhouse 00:11:27

Why were they wrong? I was probably among those who were wrong, so tell me why I was wrong.

David Ross 00:11:32

Well, it’s both. It doesn’t have to be an either/ or. More people certainly watch YouTube than anything else in the world. Feeding into YouTube, you have everything from… I just uploaded a picture of my dog that I did myself to some very professional productions and even movies. It’s a continuum, and there’s just a certain place where Ross plays, which is in that higher-end tier.

John Stackhouse 00:11:59

Let’s talk a bit about the amazing technologies that you both built and literally acquired and then developed. I want to start with Artimo, because we just walked through your lab across the street, saw these robotic cameras zipping around. Those are developed here in an Ottawa suburb, they’re built not far away in Iroquois, Ontario, and they’re transforming so much of what we all kind of take for granted seeing on a screen. We’ll talk about some of the other innovations, but tell us why Artimo is so important in your mind.

David Ross 00:12:31

One of the things that’s interesting about Artimo, you could start from a customer point of view, it’s always good to start from customer point of view, is Artimo replaces different types of manual moves. Instead of it cruising behind a camera, there’s a limit to how much they can do with teleprompters on it and so on. Being able to have a motorized system doing repeatable moves, particularly in a newsroom or at a corporate studio, you need technology to do camera motion properly. It used to be when you’re watching television news and you even still see it in the movies, you imagine rows and rows of people yelling back and forth, “Do you have that shot? Do that shot,” and everything else. Now, at least in 700 newsrooms around the world, even at the highest level, there’s basically one guy with a mouse clicking and mumbling to himself or herself. The computer system is controlling Artimo to make sure that it’s positioned with exactly the right shot, with the right depth of field, and everything else for what is coming up next in the playlist.

John Stackhouse 00:13:34

You also have a whole range of fascinating technologies that have transformed not just what’s behind the camera but what’s on the screen, and I’m thinking of some of the layering technologies. We all kind of take for granted now those red zone markers on an NFL or CFL field, lots of other layering that has made the game experience much more dynamic and interesting. Walk us through a bit of your thinking on how that’s evolved and how that has transformed the viewing experience.

David Ross 00:14:05

Oh, wow. In football, for example, you do have the 1st and 10, the yellow lines and the blue lines and things like that. We didn’t invent that. I will say we didn’t invent it, but we certainly got into the business. One of the places that we did very well is with American college sports, American college football, because they weren’t able to afford whatever was out there at the time at the professional level, and they want to be able to get that on our in-venue as well. Because people are used to watching it on TV, “I want to see it on the big screen in the stadium as well.” We don’t want anybody to come into the stadium and feel like they’re getting a lesser experience than if they stayed at home and watched it on TV. So how do I get the same stats? How do I get the same experience and then have the in-person side of things? It’s the same thing that same technology is used for infield advertising as well, and that gives them ability to charge more for advertisements that way.

John Stackhouse 00:15:02

We’ve also seen incredible changes to the functioning of camera, and I’m thinking of the spidercam, which is another of… It was your acquisition. But wow, what you’ve done with it… Even the Milano Cortina experience, I still can visualize feeling like I was on the speed skating track. The golf experience now, I think you took it to the British Open-

David Ross 00:15:26

We did.

John Stackhouse 00:15:26

… where it now kind of goes over the green, which has just made golf so much more interesting, seeing it from the bird’s-eye view quite literally. Walk us through what you saw in spidercam when you bought the company, and what you are trying to do with it, where you see it going from here.

David Ross 00:15:45

Interesting. We started with the studio robotics, like Artimo, and things that we did before, and that was part of acquisitions. We realized that there’s a lot of value in being able to capture video with camera motion and doing a volume of space. We realized that we were doing really well with studios inside, and then we inverted them, and we could look down on the studio, and so we got that volume thing happening. What can we do outside? Of course, the natural thing is cable cameras. We had been working with spidercam in the past because they would give us telemetry information, and we’d do augmented reality with our graphics technology, and so you could sort of see stats floating in the air or something like that as they’re capturing some event. We already had experience with what we could do and saw synergy with one part of our business moving with another part of the business, just camera motion.

I did actually nudge them a few times saying, “If this is ever for sale, give me a call.” And then one day, the call came, and so we made it happen. What’s beautiful of it as well is spidercam is tier one. It’s the leader in the world. It’s the biggest brand and the biggest part of that business. So for Ross, it’s actually a brand amplification as well, because we are there at the Olympics, we are there at away games for the NFL when it’s in Europe. We’re there now for Premier League, we’re there for cricket all over the world, and we are there for the playoffs right now at the Montreal Canadiens where we put a spidercam into the arena for the first time.

John Stackhouse 00:17:23

Where do you see cameras going from here? We’re all now familiar with drone cameras, which are transforming the event experience, sport, as well as a concert. We’re getting familiar with on-body cameras, whether it’s the ref cam or the player cam. Where do you see it going over the next few years?

David Ross 00:17:41

I think it’s going to become more and more accessible. You’re going to see them more often in more fixed installations. Spidercams, not too long ago, if you wanted to buy one, if you had a million dollars, then that’s a good start. Maybe you could get something for a quarter million dollars, if you’re lucky. Basically, they were rental units, and we would fly them halfway around the world, and these things have winches the size of refrigerators and heavier than a refrigerator, and there’s four of them, and then there’s a big centerpiece in the cameras. It’s an ordeal, and you’re going up into the rafters of the stadium, and you’re putting up pulleys and worrying about safety. Every single game, you then pull it down, and you put it someplace else. We’ve just launched what we call the i-Series for the spidercam, and that means that more venues can own them and get their costs down, which means that you’ll see them in more places.

John Stackhouse 00:18:36

You do much more than just make this stuff and sell it or rent it into the market. You help build literally the infrastructure, help, whether it’s teams or concert tours, create the experience. That’s a very different business than making a robotic camera in Iroquois, Ontario and putting it on a plane somewhere. How are you thinking about the soup to nuts, if I can put it that way, aspect of this business?

David Ross 00:19:01

It’s all about adjacencies and understanding how to move into an adjacent business. When I started at Ross, all we had were analog production switchers. We had about four or five products. They’re about 10 years out of date, to be quite honest. How do you go from that to where we are today? So we started designing new products that would be sold at the same time to the same customer, made in the same factory, into the same market, with the same sales channel, and then you start moving into adjacencies. The challenge was when we started moving from traditional products to new ones. You can waste a whole lot of time and money by saying, “Let’s just invent this thing from scratch,” because you need to have the knowledge and the trust and so on. So the easiest way to do that is to acquire companies and acquire them hopefully with the founders or the genius that’s behind those companies and then don’t piss them off and keep them around.

What a lot of companies don’t do is the founders like to stay with what they know, what they know, what they can control, and so there’s a leap of faith of management where you say, “No, no, I’m going to start doing things that I’m not an expert in.” I’m a computer engineer, “Robotics? That’s madness,” or you say, “We’re a manufacturer, and we’re a supplier. We don’t get involved in our customer’s affairs.” And then we have Rocket Surgery. We buy that company, and we have great people in that company, and you build that up, and all of a sudden they’re talking about the fan experience.

John Stackhouse 00:20:31

Rocket Surgery is kind of like an agency, right?

David Ross 00:20:33

Kind of like, inside of Ross. They’re people that combine the skills of graphics and programming and organization and understanding the sport, the venue, the market, the nationality, and they come in, and they will make the stadium experience real. This vertical integration of having the design, the manufacturing, and then the creative services that are on top of that, you have to, as an owner of a company, like a tech company, be able to say, “We can get into services. We can get into art,” which is a long way from analog design or software. But when you put all these things together, it’s magic.

John Stackhouse 00:21:12

Is the business model and the approach, the knack to this, very different for live music, for concerts, than for professional sports versus outdoor events, corporate events, or general public events? Do you have to take a different approach to each, or is an event and an experience an event and an experience?

David Ross 00:21:32

There’s a common thread through them, of video and organization and so on. But yes, each one is different, and so you have to be able to know, “How do I get those relationships, and how do I understand that concerts and video for concerts is very different than video for a stadium?” For example, in the stadium, you’re talking about wow moments when the touchdown happens and the data and the advertisements and the stats and things like that. In a concert, you could argue that there’s almost not a wow moment. The whole thing is just this burn that happens the entire duration, and now you’re interested in keeping up with what the performers are doing and getting those shots, whether it’s putting video on the screens that is supposed to be synced to what the performer has rehearsed, and hopefully they’re following in live, versus having a spidercam like at a Coldplay or Metallica concert, which we also do as well, and knowing how to get those beautiful shots up on those screens.

John Stackhouse 00:22:31

And I’m guessing, especially on the creative side, on the concert side, that you have to find the right rhythms and beats quite literally. But Metallica is probably different from Taylor Swift in terms of what they’re looking for on stage, is that true or not?

David Ross 00:22:48

Actually, I have heard, I talked to some of the camera operators in a spidercam, for example, you’ve got the engineer in the background, but then you’ve got a pilot who’s flying the camera rig around, and then you’ve got the camera operator who is taking the shot from that moment and zooming in and panning around, and they work together to get the shot. From what I understand, Taylor Swift is always the same all the time, she is perfect, and Metallica is like, “Follow them,” because it could be different at any given time.

John Stackhouse 00:23:22

That’s rock and roll. Yeah.

David Ross 00:23:24

I can’t believe I’m involved in this stuff. It’s like, “I went to computer engineering in Waterloo. How did this happen?”

John Stackhouse 00:23:32

How will AI and robotics change what you’re doing now?

David Ross 00:23:36

AI is coming for software and software development and things like that.

John Stackhouse 00:23:41

Are you seeing that in your own software development?

David Ross 00:23:43

Starting to. It’s an accelerator, but it’s also an enabler. There’s a whole bunch of dimensions about how AI is going to impact our business and every business, and we’re just learning what that is on a daily basis right now. Because every time you think you know the way it stands, it changes yet again, and it can do something new. We’re just keeping up as best we can. We’re a software company and a services company and a hardware company and a robotics company, and there’s threads that tie all those things together. I like to think that those things build a competitive moat no matter what happens in the world going forward. Having a network of dissimilar things that require a broad range of expertise that can’t possibly be in one person’s head that require the organization of humans to pull it together is I think the sort of thing that makes for a strong company going forward.

John Stackhouse 00:24:34

You’ve built an incredible company here. You’ve got a really strong culture, strong values, and I’m sensing it’s very much about the team, the Ross team. Often when you do an acquisition, you’re not entirely sure of the kind of culture that you’re acquiring. You’re getting the talent and technology, but also the culture. How do you, as the CEO, preserve and grow the Ross culture?

David Ross 00:24:55

One of the things my dad said to me many years ago, he said, “A company is only people. It’s not about the products you have. That’s a moment in time. It’s not about the technology you have. That’s also just a moment in time. It’s not about the customers you have. You can lose them. It’s about the people.” And if you think about the sorts of things I was talking about, I don’t know anything about robotics. I know a bit more now, but I’m not a world expert. I don’t know everything that there is to know about creating a great stadium experience. You know what? I haven’t written code in 35 years. Everything that I have had this company create is through encouraging and enabling great people in the company. So if you take them for granted and you don’t listen to them, then you’re going to be in trouble. It turns out that if you treat people really well and you listen to them and you pay them well and you do all the right things, a culture just emerges out of all that, and it’s a pretty good one.

John Stackhouse 00:25:54

You also have a strong code of ethics, which every visitor can see as they walk through the door, and it is beautifully in plainspeak. One of the points that really jumped out at me was, “We don’t ship crap.” You also have a wonderful line about… You say that, when people aren’t sure what to do and there’s no one around to ask, “Just do what in your heart is right.” And then, in brackets, it says, “You can hire a helicopter,” which is I think a nice kind of cheeky way of saying, “Do what’s right, but don’t box yourself in.”

David Ross 00:26:23

Yeah, that’s an empowerment statement. It’s also a customer statement, and it’s also a company statement. Companies have an inherent drive towards bureaucracy and squeezing out individual actions and things like that. Often, those individual actions are the things that save the company or make the company great. When I added that to the list, I knew that the day would come when we would be a bigger company and we would be vanilla, like everyone else, and people would just punch the time clock, do their thing, say, “It’s not my job,” and go home, and leave the customer stranded or leave the company stranded. How do we put this escape hatch into the company in a way that’s memorable? When I talk about, “You may rent helicopters if necessary,” it’s like, “Well, somebody wrote that. They must mean it.”

John Stackhouse 00:27:15

A human wrote that?

David Ross 00:27:16

Yeah, a human wrote that.

John Stackhouse 00:27:22

Where does Ross go from here?

David Ross 00:27:25

In some ways, you could say it’s completely different. In other ways, it’s more of the same. The industry is going to continue to evolve. Video is going to be changing, AI is going to change things, and the world will just continue to change. As long as I continue to encourage our people to pay attention to the early warning signs, or if we’re late to react and catch up, I think we’ll be okay. What’s the same is the way we manage people. Dad was right, a company’s only people. So when the company moves forward, there’s a lot of me just… Following what other people are telling me is the exact right thing to do, and they’re the experts, and they go, “Yeah, let’s do that. Let’s go ahead.” The secret of success is hire smart people and don’t piss them off.

John Stackhouse 00:28:14

Yeah. If you’ve got a talent challenge, you probably have greater challenges, because good companies just attract good talent. I’ve read Ross has never had a down year. Is that correct?

David Ross 00:28:25

Since the day I joined, yeah, we haven’t had a down year. It’s been close sometimes, but we have not.

John Stackhouse 00:28:30

But that’s phenomenal through a few recessions, lots of disruptions. Is there something that has been consistent through that time beyond what we’ve talked about that has enabled that?

David Ross 00:28:41

I think it’s never stopped pushing. When we’re a very small company, I got a chance to have lunch with somebody who was a billionaire at the time, and I was like, “What question do I ask a billionaire over lunch?” I’m 27 years old, so I asked, I said, “Can you give me some advice?” He said, “Never fall behind in technology. You can have great people, you can have great customers, you can have a great brand, and it all seems great until you fall behind in technology. When you’re a tech company, that’s everything in the end. They’ll just feel really sorry that they can’t buy from you anymore because you don’t have the stuff that they need, but they will go someplace else.” I took that to heart, and so we overinvest, you could say, in research and development and push as hard as we possibly can afford to do every single year into R& D. We got 1, 500 people, and manufacturing is in that 1, 500 people. 500 of them are in research and development.

John Stackhouse 00:29:44

That counters so much of the Canadian narrative, that idea of having a third of your employees in R& D, “Very un-Canadian, sounds more like Germany or Japan or Korea.” What are we missing as a country so that we’re now more like Ross Video leaning into the R& D opportunity?

David Ross 00:30:02

I don’t run the other companies. I guess I don’t know exactly. I think there’s a lot of dimensions to what’s going wrong though. Historically, sometimes Canada was known as a place that had lots of R& D but not enough marketing. I took an idea of saying, “You know what? The Americans are very successful in the way that they create great technology, but then they make a lot of noise about it, and they take it to the world, and they push hard.” I remember talking to… just randomly, it was a British company I was looking to buy. I said, “Why is your product the best? Convince me,” and they went, “Well, it’s not really the best. There’s other good ones out there as well.” It’s like, “Stop being modest. You’re trying to sell me your company. This is not what I want to hear,” and we actually didn’t buy that company in the end.

But you have to be likable, hopefully, around the world, and that might be something that Canadians are good at, but at the same time, be aggressive. You realize you are in a worldwide fight to get your product out, and you’re in a worldwide fight for R& D resources that you need to make the best tech and sell it. The best investment funding that you can possibly get is from your customers. It’s called profits, and you take those profits and you reinvest. There’s so many in business school, I swear, they say, “You have a great idea, so the first thing you need is get an investor.” And then where’s that investor coming from? Probably from the United States or not from Canada. And then you have to do a second round, a third round. You’re going to do all these…

What? At what point are you going to make money? At what point do you own anything of your own company? And now you’re diluted so much, then your investors are going to sell eventually, and they’re going to sell to people they know, and it’s not going to be Canada that they’re going to sell to because they’re American or they’re European or they’re from Singapore or whatever. In those early stages, those Canadian startups have already put the landmines in, saying that they’re not going to be Canadian because that’s where they got their investment. If you could say, “I have this great idea. How do I get the first sale and maybe a bank loan and maybe some friends and family?” Start small, but build it, and have patience. 35 years, I’ve been doing this. This doesn’t happen overnight. If I wanted to do it faster, sure, I could have raised a bunch of money, but I wouldn’t be working here today. It’d be owned by someplace else and be a different name on the front of the door.

John Stackhouse 00:32:20

What a masterclass in management and innovation thinking. I’ve learned so much from this conversation, including never stop learning, but never stop pushing, never stop investing. Really great messages. As we wrap up, take us back to the stadium or to the mosh pit in your own experience, what has excited you most as a fan, as a viewer, as a spectator from what you’ve experienced and where that may be taking us as similar viewers and participants in this multimedia revolution?

David Ross 00:33:03

I think it’s just a sense of wonder that you go to these stadiums, you go to these environments, and you just sit there and go, “Wow, look at what these customers did with what we made. All the people that they’re touching and they’re impacting, it’s wonderful and it’s just fun.” I’m sorry.

John Stackhouse 00:33:20

That’s a great final management lesson. There’s no greater thrill for a business operator than seeing your customers succeed. You got them to do it with your tools, but watch their success, and the ultimate end user enjoy it.

David Ross, thank you so much for being on Disruptors.

David Ross 00:33:35

My pleasure. Thanks for inviting me.

John Stackhouse 00:33:39

There’s a version of the Ross Video story that’s kind of easy to tell, Canadian company, great products, famous clients, and good values. But I think there’s an even more interesting version. This is a company that’s been in the content production infrastructure business for more than 50 years, not chasing the spotlight, but building the systems that make the spotlight possible. It seems every time the industry shifts, Ross shows up, often making the shift possible in the first place. It’s also a story of long-term thinking. The companies that will matter in 10 years are the ones like Ross that are making the long bets right now. I think there’s something kind of Canadian about all that, creating the spotlight rather than seeking it, thinking long-term rather than chasing the short-term, and working with others while being super competitive. It’s the kind of innovation and disruption that we’re going to need more of in the years and decades ahead.

You’ve been listening to Disruptors, an RBC podcast. Please rate, review, and follow us on Apple or Spotify. That helps more people find conversations like the one you heard today. And if you want to know more about the sport and entertainment business, check out our show notes. There’s a great compendium piece there that will take you much deeper into this fascinating world. And if you’re looking for more ideas and insights, visit rbc.com/thoughtleadership.

There, you’ll find critical insights to help businesses, policymakers, and communities make more informed decisions in an ever-changing world.

I’m John Stackhouse. Thanks for listening.