Arts/Entertainment/Sports: CORAN CAPSHAW

One of Billboard magazine’s Power 100, Capshaw founded Red Light Management in 1991 in Charlottesville, while helping Dave Matthews Band grow organically from a local favorite to a powerhouse touring group. The largest independent music management company in the world, Red Light has reaped a reported $500 million in touring gross income. Its managers represent almost 400 artists, including Lionel Richie, Brandi Carlile and Luke Bryan. Headquartered in Charlottesville, it has offices in Nashville, New York, Los Angeles, Atlanta, Seattle and London.

Capshaw also founded entertainment e-commerce and marketing company Musictoday as well as promotional company Starr Hill Presents. He’s also the founder of Starr Hill Brewery, with brewpubs in Charlottesville, Tysons, Richmond, Roanoke, Crozet and Lynchburg. And he has provided financial backing for Sun Tribe Solar and Sun Tribe Development, two active players in Virginia’s growing solar industry.

In July, Red Light announced plans for a 7,500-capacity downtown Richmond amphitheater on the James River, similar to the Ascend Amphitheater Capshaw developed in Nashville, Tennessee. Working with Dave Matthews Band, Capshaw is also helping lead an effort to fully replace Charlottesville’s public housing while generating significant, affordable housing.