Michael Watt (philanthropist)
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16 December 1940
Michael Watt | |
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| Born | Michael Heseltine Watt 16 December 1940 Christchurch, New Zealand |
| Occupations | Entrepreneur, philanthropist and investor |
Michael Heseltine Watt ONZM (born 16 December 1940) is a New Zealand entrepreneur, philanthropist, and investor.[1] He was appointed an Officer of the New Zealand Order of Merit for services to the community in the 2005 New Year Honours.[2]
Born in Christchurch, New Zealand, Watt was expelled from Christ's College, Christchurch, in 1955 and spent the next 10 years working in various blue-collar industries, including oil exploration and construction.[3]
Oil industry
In the 1960s, Watt worked as an explosives expert for oil exploration crews in North Africa, the Middle East, and Central America. In the late 1960s/early 1970s, he worked for the National Supply Company oilfield division of Armco Steel, out of Houston, Texas, and Louisiana, on the early development of sub-sea wellheads and blow-out preventers. During this period, he became a partner of Drexel Oil Services in Aberdeen, Scotland. After a project with the Israeli Government off the Sinai Peninsula, Watt sold out of all his oil interests in 1976.
Sports
During the 1980s, Michael Watt engaged in personal client management, including individuals such as Formula One driver Alan Jones and cricketer Imran Khan.
While working with Capital Sports New York, he formed CSI in London and quickly saw an opportunity where sports bodies worldwide were not exploiting their international television rights intelligently, and in a pioneering move soon represented all soccer bodies in UK/Europe, as well as all international rugby, cricket federations and the 1980 Winter Olympics.[4] CSI's largest publicised contract was a deal with NewsCorp in the lead up to the 1995 Rugby World Cup in South Africa, which led to the professionalism of the international Rugby Union, particularly in the southern hemisphere. Worth approximately $950m, this was largest sports broadcasting contract in history at the time. CSI represented all cricket and rugby federations, and most soccer federations, for 15 years. Their work is largely credited with shaping the current professionalism of most major sporting industries.[5]
Watt was also an cornerstone investor in Cricinfo in August 1999.[6]
In 2000, he donated to Brisbane-based Brothers Rugby Club "saving them from collapse", and subsequently is referred to as "club savior".[7]
CSI was sold to the Interpublic Group in 2001.
Watt was also a partner in NRL club the Melbourne Storm, with Bart Campbell, Matt Tripp and Gerry Ryan.[8]
Watt was a cornerstone investor in Setanta Sports (now Premier Sports) in 2009.[9][10]
In 2014, Watt joined former All Black rugby captain Richie McCaw, Simon Apperley and Ben Dormer as partners of the SOL Group[11][12]
Music
Watt produced numerous albums since the 1990s, most notably Vince Mendoza's Grammy-nominated Epiphany in 1999, which is considered a classic by many in the jazz music industry including Bill Laurance of Snarky Puppy, John Beasley and The Juilliard School of Music.[citation needed]
Watt was producer and promoter in the entertainment industry, including Michael Jackson's History Tour[13] and Riverdance The Musical.[14]
Watt was an executive producer on a number of musical albums for artists including Herbie Hancock, Bill Laurance, Vince Mendoza, Ian Shaw and the Sonoran-based minimalist Jeff Greinke. In 2009 Watt joined music mogul Korda Marshall in relaunching the Infectious Music record label (formerly known as Infectious Records). The label's most notable signing was alt-J, who won the 2012 British Barclaycard Mercury Prize for their debut album An Awesome Wave, which reached Platinum certification in the UK. Their other signings include General Fiasco, Local Natives, Cloud Control, Drenge, Superfood, RY X, The Acid, These New Puritans, and Vance Joy. Infectious Music was acquired by BMG Rights Management in September 2014.
According to Janine Irons OBE, in 2020 Watt became the main individual sponsor of the Tomorrow's Warriors. This programme, founded in 1991, champions diversity, inclusion and equality across the arts through jazz, with a special focus on "Black musicians, female musicians and those whose financial or other circumstances might lock them out of opportunities to pursue a career in the music industry"[15]
Watt is also the owner of the legendary Ronnie Scott's Jazz Club in Soho, London, with business partner Sally Greene OBE.[16]
