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Jay Faires is an entrepreneur and investor. He currently has three companies: Band of Outsiders, a content production company, Mammoth Ventures, his investment and advisory arm and The Wellness Agency a talent management and consulting company. Jay invests and advises around "media solutions"[clarification needed] and "wellness", including companies such as: Philo, Galore, Parsley Health, Strobe, Seed&Spark.
Band of Outsiders production company has a partnership with Red Arrow Entertainment, part of ProSiebenSat.1, a 10 billion media company that owns 19 production companies, creating content for an array of networks and platforms spanning the globe, with the 4th largest mcn in the world. Band of Outsiders has a show with celebrity drug counselor Bob Forrest titled Dope Nation which is an investigative dive into the opioid addiction crisis. Band of Outsiders also has shows in development with Galore a global fashion brand for generation Z female.
BNY Music & Mammoth Records
He previously founded Mammoth Records – an independent record label, publishing and lifestyle marketing company in the Carrboro area of Chapel Hill, North Carolina. The label was the first independent label to produce two platinum records. Mammoth featured an eclectic roster including: Blake Babies, Chainsaw Kittens, Machines of Loving Grace, Juliana Hatfield, Joe Henry, Seven Mary Three, Squirrel Nut Zippers, Victoria Williams, The Sidewinders, Jason & the Scorchers, Frente!, The Bats, The Backsliders, Dash Rip Rock, Dillon Fence, Fun-Da-Mental, Fu Manchu, The Melvins and The Hope Blister among others. After placing three acts in the top 3 of MTV's charts, he sold the label to The Walt Disney Company for a 65x return on capital. Faires then went on to build BNY Music, his music publishing company, acquiring blues catalog Black Top and many copyrights of David Bowie prior to its sale to Lionsgate.
Atlantic Records, Disney, Lionsgate
As part of the Mammoth records JV, Faires became SVP of A&R at Atlantic Records where he oversaw the rock and alternative rosters. Later when he bought the company back from Atlantic and sold to Disney, he became an SVP there while running Mammoth.
At Lionsgate, Faires was President of Music and oversaw all music for their TV and film slates including such hits as Mad Men and the Oscar winning Crash. The music team received two Oscar ® nominations for Marco Beltrami’s score for 3:10 to Yuma and Bird York’s song “In The Deep” for Best Picture winner Crash. Lionsgate released 3 of the 5 soundtracks for the Best Television Golden Globe nominees of Californication, Mad Men and Weeds. While there, the value of the music publishing asset doubled.
Education, Board Seats, Awards, and Non-Profits
He earned a bachelor's degree with honors from The University of the South, where he was Young Alumnus of the Year in 2000, executive-in-residence for the Babson Center for Global Commerce in 2009 and sat on the university's board of trustees. He received his MBA from the Fuqua School of Business at Duke University where he gave the keynote address at the inauguration of their Center for Entrepreneurship in 2006. In 2008, he received the Joseph Papp Racial Harmony Award from the Foundation for Ethnic Understanding. He serves as an advisor or board member for Women @ the Frontier, 15X15, Invisible Children / 4th Estate and My Friend's Place.
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