The White Room

Confidential · Doug Clements

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Confidential · Doug Clements · The White Room _LIVECLAW · 2026
22 Durham Street · Tāmaki Makaurau · Aotearoa April 2026
The White Room
A venue
is not
enough.

TWR is a cultural operating system — where world-class live performance, AI-powered production, and blockchain-native infrastructure converge in a single physical space. The vision has not changed since November. What has changed is everything behind it.

750 capacity · Oct 2026 launch · TWR:001 target headliner in conversation
Four Engines · $3M Year 1 · 26% net margin
Partners: LIVE Limited · Alberts Group

The Building
Est. 1918
Old exchange
becomes
new exchange.
22 Durham Street
Former NZ Stock Exchange
1,560 sqm
Tāmaki Makaurau

22 Durham Street was built in 1918 as the New Zealand Stock Exchange — the building where New Zealand’s financial future was decided for a century. Depressions. Booms. Crashes. The digital revolution that made the exchange obsolete. The building held through all of it.

“The trade is different.
The weight of the room is the same.”

1,560 square metres across three integrated spaces — 780 sqm entertainment, 605 sqm restaurant, 175 sqm retail. AUTEX acoustic treatment throughout. The room does not fight sound — it holds it.

The heritage of the building is not an obstacle to what it becomes. It is the reason the proposal works. The Exchange is already the story. The White Room is the next chapter.

November 2025 → April 2026
Where we were
Vision document only
No live infrastructure
No secured domains or IP
No operational AI stack
No active investor conversations
No music entity presence
Concept-stage technology claims
Where we are
AI cluster live 24/7 — C3 node operational
phno.io · l1ve.io · phno.live secured
musicovermatter.co.nz · sharedbreath.nz live
Algorithmic trading — live capital deployed
Investor conversations active and warm
NZ On Air Round 3 — Shared Breath submission
Streaming + AI production stack proven locally
Architecture

Four engines. One space. The building covers its costs before a single event night is announced. Events are the punctuation. The building is the sentence.

I
AI Production Studio
AI-powered broadcast studio open to the Alberts tenant network · Oracle NZ 50m away · generative visuals · live streaming to global audiences via LVE · the most technologically advanced production room in New Zealand · annual retainer model
$1.2M yr 1
II
Digital Canvas
4K broadcast studio · AI-powered generative visuals · live streaming infrastructure · content licensing · already operational on our own hardware
$400K yr 1
III
Web3 Trading Floor
Southern Hemisphere’s first public Web3 trading floor · annual memberships · one exchange category partner (exclusive) · exchange volume kickbacks · exchange-agnostic infrastructure at near-zero cost · year-round baseline
$600K yr 1
IV
Innovation Cohort Programme
One cohort per year · AI · Trading · Production · Technology streams · winter sessions · summer graduation · Andrew’s partners fund scholarships · Class of 2026 · executive intensives as premium events
$800K yr 1
Financial Model · Year 1
Key Insight
Engines II, III, and IV cover operating costs before a single event night is announced. Events are premium revenue on top of a building that already pays its rent.
Total Revenue
$3.0M
Four engines combined
Operating Costs
$2.2M
Staff · venue · production · marketing
Net Margin
$800K
26% · Year 1
Per-Event Economics · John Digweed Tier
GA Revenue
$40,000
VIP Revenue
$37,500
Total Revenue
$110,000
Net per Event
$62,000
The Difference

The Pillar II streaming and AI production capability is no longer a technology partnership we need to secure. It runs on our own infrastructure, operational today, at near-zero marginal cost.

AI Production Stack
Self-hosted on dedicated Apple Silicon hardware. Live and operational. Broadcast-quality AI visual generation and live streaming running locally — no cloud dependency, near-zero marginal cost per event.
Streaming Infrastructure
l1ve.io platform in development. phno.live secured. SRT + AI-adaptive bitrate. The technology behind Pillar II is being proven internally before the venue opens its doors.
Music & Cultural Layer
Music Over Matter label operational. Shared Breath collective active. musicovermatter.co.nz · sharedbreath.nz live. NZ On Air Round 3 submission in progress. Cultural credibility is present, not aspirational.
Acoustic Foundation
AUTEX Industries in conversation as acoustic design partner. World-class acoustic treatment is foundational to the venue standard — not an afterthought.

_LIVECLAW · Private AI Cluster · Live 24/7 · Auckland NZ

John Digweed
TWR:001 anchor event · Oct 2026 · global electronic music figure · 30-year career · Bedrock Records · international credibility for launch
Target · TWR:001
ALT Group
Interior design · minimalist “white canvas” aesthetic · Auckland’s leading spatial design practice
In Conversation
Ngāti Whātua Ōrākei
Consultation initiated · mana whenua of Tāmaki Makaurau · doing this properly, not as an afterthought
Consultation
Strategic Investor
Long-term relationship · deep familiarity with the vision · reconnected April 2026 · conversations progressing
Active Conversation
Web3 / Crypto Anchor
International trading community · Pillar III co-founder interest · existing global audience · NZ expansion intent
Active Conversation
Pak Peacock
Production Director · INXS · U2 · Elton John · 30+ years international production · TWR technical authority
In Discussion

Luke Thompson has been at the intersection of music, technology, and live experience since 1988 — always building what didn’t exist yet, always a step ahead of the industry.

1988
DJing full time from age 17. Introduced Kevin Saunderson, Jeff Mills, Adam Beyer, Paul van Dyk, Sasha, Tiesto, and many others to New Zealand. Built the underground from the ground up. Thirty-eight years in music and live experience.
2000 — 2009
Red Bull Studio NZ — built and created the format. Luke built the studio and created the Red Bull Studio Live Sessions programme — his vision, his design, his Malcolm Toft console choice. Voted Red Bull’s best global marketing and culture platform in 2008 — voted best globally. In under a decade the programme expanded to 32 countries, producing over 100 sessions a year right here in Aotearoa. 770+ sessions across the run. The Black Keys. Kasabian. Naked and Famous. Chris Knox. The archive, the format, the contracts — Luke’s. Entirely.
2017 — 2020
Semi Permanent NZ — produced for three years. One of the world’s most respected creative and design conferences. The best creative directors, technologists, and founders on the planet in one room. Concurrently: Future of the Future. And On Being Bold — profiling seven of New Zealand’s most powerful women, running through COVID when everything else shut down.
Sky TV
Fan Pass — transformed Sky TV’s live OTT streaming platform. All Blacks + Lions Tour. 11,000 to 111,000 subscribers in 8 months. Sky shut it down — it threatened their core business. Not failure. Proof of concept.
Sideline
Sideline.live — world first in live sailing footage delivery. World Sailing Championships — a world first in live sailing footage delivery. 300+ boats, three courses, streamed live. Then rugby, sevens, basketball, soccer, hockey, speedway — 5,000+ grassroots sports events delivered. Closed on his own terms.
2026
_LIVECLAW — eight projects. Private AI. Live capital. A private AI cluster running 24 hours a day on Apple Silicon in Auckland. Algorithmic trading on live capital. 51,122-track music intelligence system. This document was produced by it. It knows when you open it.
The Ask · April 2026

We are not asking Alberts Group to take a leap of faith. We are asking for 90 days and a framework — so both parties can move toward this together with confidence.

01
Heads of agreement to hold 22 Durham Street for 90 days while licensing applications are filed and anchor partnerships are formalised. Oct 2026 launch date confirmed.
02
Commercial structure as proposed: base rent + turnover component, two-year break clause. Lessor’s works — base condition, amenities, and compliance standard — agreed as part of heads of agreement.
03
Licensing applications begin this week — six-month lead time is live. Both parties move in parallel, not sequentially.
04
Full concept presentation with commercials, architectural plans, and confirmed partners — within 45 days of heads of agreement.
Secured Properties
phno.io Live
l1ve.io Live
phno.live Live
musicovermatter.co.nz Live
sharedbreath.nz Live
Contact
Luke Thompson
LIVE Limited
Tāmaki Makaurau · Aotearoa New Zealand
027 565 1964
[email protected]