OWNER, RED LIGHT MANAGEMENT, MUSICTODAY, RIVERBEND DEVELOPMENT, CHARLOTTESVILLE
OWNER, RED LIGHT MANAGEMENT, MUSICTODAY, RIVERBEND DEVELOPMENT, CHARLOTTESVILLE
Virginia Business// August 29, 2024//
In January, Red Light and Live Nation broke ground on Riverfront Amphitheater, a new 7,500-capacity music venue in downtown Richmond that is expected to open in summer 2025. The $30 million amphitheater will host about 30 events per year and is expected to become a premier outdoor destination, bringing top-name artists to the greater Richmond region. Additionally, it will serve as a space for graduation ceremonies, city festivals and local events.
Headed up by music and real estate mogul Capshaw, Red Light manages dozens of major acts, including Dave Matthews Band, Chris Stapleton, Lionel Richie, Sabrina Carpenter, Brandi Carlile and Phish.
Capshaw’s journey in the music world began in the late ’80s when he began managing Dave Matthews Band, and in 1991, he founded artist management company Red Light Management.
The company has since expanded into other ventures, including music festivals, branding, event production and sports management.
Capshaw also founded Starr Hill Presents and Musictoday and was instrumental in the success of the Bonnaroo Music and Arts Festival in Tennessee. He developed the Ting Pavilion on Charlottesville’s Downtown Mall and co-founded independent record label ATO Records with Dave Matthews.