She also writes about podcasting services, digital media and talent agencies. 22 Pitch Decks from Notable Social Media Startups. Something inside me told me this was the last retreat I was going to be on, he says. The Range Media Partners team, top from left, Peter Micelli, Rob Whittel, Mackenzie Roussos, Susie Fox, Jack Whigham; middle, Sandra Kang, Mick Sullivan, Matt Graham, Natalie Bruss, Rich Cook; bottom, Chelsa McKinnies Michael Cooper, Byron Wetzel, Dave Bugliari, Rachel Kropa. We want to take a deep, personal approach to our clients work while continuing to deliver great results. Noting that no high level agency or management company had launched in over 25 years, the document posited the new company as the third revolution, after CAAs creation in 1975 by Ovitz, Ron Meyer and a few others who left WME, and then Ari Emanuel, Tom Strickler and others exodus from ICM to form Endeavor in 1995. Dave Bugliari, Mackenzie Condon Roussos, Rich Cook, Michael Cooper, Susie Fox, Sandra Kang, Rachel Kropa, Chelsea McKinnies, Peter Micelli, Lucinda Moorhead, Mick Sullivan and Jack Whigham, who left agencies CAA, UTA, and WME, are the founding partners in the new company. Seven years later Cohen was running his own division at Gruntal. Also of late, Range teamed with FilmNation to co-produce and co-finance four-to-six films annually across a range of genres and budgets, thus giving the latter access to high-end material and talent from the firms stable. To keep up with the changing landscape, the agencies have chased growth. A 20-page deck on the companys plans was leaked, widely, under the heading Moxie Media. Sports. The Airbnb pitch deck is a legend among presentation designers. Were not acting as agents at all, he says. You may occasionally receive promotional content from the Los Angeles Times. The management world was shaken up, as well as the agencies. You have a product, you're ready to get out there and start selling! The Dark Scandals and Power Struggles of Sumner Redstone, Les Moonves,and the Companies They Controlled. Pitch Deck - Template Dashboard is a multipurpose Powerpoint template perfect for your business or personal use. Tech. 2023 Deadline Hollywood, LLC. Microsoft Partner Community. All of the principals will be given an unspecified ownership stake. Cohen described as leading investor with a substantial minority investment will be joined by former New York Knicks Coach David Fizdale, former Microsoft CMO Mich Mathews-Spradlin, and Grubhub founder and CEO Matt Maloney, according to a statement from Range. Nylas is all about efficiency. There is a great article about their fundraising journey and how they pivoted from an accelerator model to a VC here: In a civil settlement with federal regulators in 2016 Cohen, who was not criminally charged, was barred for two years from managing outside funds. After the agencies fight with the Writers Guild of America, during which thousands of writers fired their agents, some (like Lost cocreator Damon Lindelof) never hired them back. SHOW 50 100 200. Inclusive economy. As Cohens net worth rose so did his appetite for art. And it's the pitch deck that made Airbnb into the $385-billion startup that it is today. Buffer is a social media scheduling platform that helps you schedule content for Facebook, Twitter, LinkedIn, and Pinterest. I dont think that theres any management company that thinks Range is anything other than an agency masquerading as a management company to get around the rules, says one longtime manager. I was giving up a lot and risking an enormous amount. Range also collaborated on digital marketing strategies for her hair care line Flawless. Soon hed lined up capital from Steve Cohen, the controversial billionaire owner of the New York Mets, who helped fund Donald Trumps inauguration in 2017. It's one of the most perfectly designed pitch decks ever made. The rep business was also in flux, with the WGA bent on eradicating the packages and affiliated productions that had increasingly fueled agency coffers. Give yourself a boost and start using this template to bring your ideas to your customers/partners. As unveiled in its prospectus, Ranges business model is to create companies around celebrities in the mold of Reese Witherspoons Hello Sunshine, whereby Range Media would own one-third, the celebrity another third, and a third-party investor raising $5 million to $7 million per star would take the remaining third. Awards. I needed a new energy. At Entertainment One, he got a crash course in running (and selling) a company. Why It Worked. We believe that bringing a really sophisticated point of view and capability on the data analytics informs opportunities and strategies immensely because Hollywood traditionally has been a little bit gut instinct, Whigham says. Operating Status Active. Last year, Emanuel tapped Richard Weitz and Christian Muirhead to co-run WME. Buffer. Press slide. The company is committed to providing equity to all founding staff, at every level, and recruiting and representing a diverse group of perspectives and background, the statement said. Its their agency. Ad Choices. Signup for Breaking News Alerts & Newsletters. Stacy Perman is a Company Town reporter working on investigations and enterprise stories covering the entertainment industry for the Los Angeles Times. What did Disney actually lose from its Florida battle with DeSantis? Email pitch example #6. Dropbox Pitch Deck. A 20-page deck on the company's plans was leaked, widely, under the heading Moxie Media. We've put together 17 pitch decks from notable entertainment startups for you to learn from the best (and apply these strategies to your own business The third of eight children of a garment manufacturer father and piano teacher mother, Cohen grew up in Great Neck, N.Y. After graduating from the Wharton School in 1978 he joined Gruntal & Co. as a junior trader in the options department, where according to the New Yorker, Cohen earned an $8,000 profit on his first day, which was considered an enormous sum back then. They seem more engaged than ever, having just guided CAA through a turbulent few years that saw a ferocious battle with Hollywood writers, a crippling pandemic, and a $750 million acquisition of rival agency ICM Partners. During a pitch, you need to have a pitch deck as your visual aid. Proptech. The Los Angeles Art World Is Having Its Gilded Age Moment. Ari Emanuels Endeavor, meanwhile, has bought up assets as far-flung as UFC, the Miss Universe Competition, Professional Bull Riders, and New York Fashion Week. To fuel the expansion, the company opened its doors to a private equity investor, TPG Capital, which now owns a majority stake in the agency. Another source notes that all the former agents have to do to circumvent the no-dealmaking mandate is to make sure that its the lawyers who pick up the phone to negotiate contracts. The menand, yes, theyre still all menwho run the top agencies know better than to act alarmed about defections. It focused on describing . 2023 The Hollywood Reporter, LLC. Build for 2030. A week after their high-profile exits, agents who represented A-list clients ranging from Michael Bay and Margot Robbie to Zac Efron and Tiffany Haddish have launched Range Media Partners, a new management and brand development company. Other. The writer we pitched ended up connecting us with a reporter at CNBC. SEOmoz Pitch Deck makes excellent use of charts and graphs to illustrate data. A 30-point font is the smallest font size you should use on your slides. Its their dream., But conversations with nearly two dozen industry insiders suggest that management is more and more alluring as the aura around agents dims. I was like, Fuck no, its not, says one of them, who recalls thinking, Oh, you guys are never going to leave. It used to be that a good-idea-turned-PowerPoint was enough to get some amount of funding, but this is not the case in 2023. For his part, Micelli says hes focusing on growing Range into something he can pass on to the next generation. A media kit is also known as a press kit. Rushfields sharp-tongued missives have earned him a bold-faced subscriber list. All Rights Reserved. The press section of your startup pitch deck is a great opportunity to show off any buzz and get your investors excited about your business. Best Pitch Deck Examples & Analysis to Help Build Pitch Decks for 2023. Perhaps it is the launch of a disruptive new representation venture in the midst of a coronavirus pandemic which since March has brought major agency and management company revenues to a trickle and sparked layoffs and furloughs to go along with a long stalemate with the WGA. Respected TV lit agents David Stone (WME partner) and Ben Jacobson (UTA partner) left to launch The Framework Collective management company, and WME agent Duncan Millership left to join Anonymous Content. Strategy #3: Show What Your Product or Service Can Do. Training. The company offers in-house production, brand development, and representation services, enabling artists to get the opportunities they seek. The deck was written by Micelli, the former 23-year CAA vet who had just exited as eOnes Chief Strategy Officer in April, and was quarantined with family in Lake Tahoe and figuring out what to do next. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. range media partners pitch deck. Billionaire hedge fund manager Steven A. Cohen is known for owning one of the best private art collections in the world and for his many multimillion-dollar homes. Range Media, led by former CAA agent Peter Micelli, who most recently headed up strategy at production company Entertainment One, has already brought a dozen top names including CAAs Dave Bugliari, Michael Cooper, WMEs Rich Cook and UTAs Susie Fox, Chelsea McKinnies on board. A pitch deck is a brief presentation, ranging from 10-20 slides, that provides an overview of your business. Send us a tip using our annonymous form. Now throw in a potential recession and a potential writers strike. Investors: Bossanova Investimentos, Tiger Global Management, 8VC, and more. Phil Sun left WME and brought Michael B. Jordan and Donald Glover to a new management firm, M88, focused on a diverse clientele. This slide describes the overview of the brand Partnership Company which includes: Mission, vision. In 2013 Cohens once-powerful firm, SAC Capital Advisors, pleaded guilty to a criminal indictment and paid a record $1.8-billion settlement. While having financial backing from Micelli, who recently led strategy at production company Entertainment One and was key in the companys multibillion-dollar acquisition deal by Hasbro, Range also has a substantial minority investment led by Point72 Ventures, the early-stage venture capital firm founded by Steve Cohen. What they did: Mint made it clear through the pitch deck that they understood their investors well. I built a career being very hands-on with the people that I represent, and I think all of our managing partners would say the same thing, which is that they were very managerial agents. The almighty startup pitch deck that helped Buffer to raise half a million dollars gained popularity by becoming one of the first pitch decks openly shared online. Julian has created over 400+ articles about a wide range of topics e.g., math, biology, chemistry, history . Cohen, who lives in Greenwich, Conn., and owns a home in Beverly Hills, is said to have partly inspired the character of hedge fund manager Bobby Axelrod in Showtimes Billions.. That including areas like music and sports, and building clients into branded businesses (the company would take a 1/3 stake for facilitating and launching, with the talent splitting the rest with a financial backer), and leaning in hard on a production services business. Your pitch deck boils down to the essential elements of your business plan. Key Takeaway: The best pitch deck examples use clean, uncluttered slides with plenty of white space. Unlike other management firms, who, like the agencies, handled a massive list of clients, Range would prioritize top, exclusive talent. At six foot seven with a broad frame, Micelli, the Range CEO, is hard to miss when he enters a room. The pitch deck also included several quotes from the media that helped to validate the company and its current success. Incorporate images, use a modern color scheme, and insert a pattern for a captivating design. Wendy Lee is an entertainment business reporter, covering streaming services such as Netflix, Amazon Prime Video and Apple TV+. Table of Contents. Walmart - Flipkart Pitch Deck. Hundreds of thousands of developers . And if talent are forced to make hard choices, are they more likely to dump their agents or their managers first? This market is growing at a 15% rate. It is close to what one of Hollywoods biggest, most established management-production companies, 3 Arts, sold for in 2018 after 27 years in the business. Ranges Head of Digital Management Kai Gayoso, a former Facebook vet, who oversees the firms influencer division, worked directly with M. Night Shyamalan on reorganizing the marketing around Servant and last summers Universal thriller Old. The launch comes amid a wide range of blows buffeting the talent business. The mail room remains one of the best places to learn the entertainment business, and agency leaders say they dont have a problem recruiting for those jobs. The founding of the firm was a secret affair that began in March and caught most unawares. This would explain why investors spend 15% of their time on this slide and it should reinforce the importance of making a concerted effort here. After his windfall, Micelli had offers from agencies: But I just kept coming back to, Why work for anybody again? 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By subscribing, I agree to the Terms of Use and Privacy Policy. 907 followers . This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Wherever there are thrones, there are games. Page. So, theyre going to be more aggressive, more ambitious about a lot of different areas of their life on average, explains Whigham. (I read it the second I see it pop up, says Richard Plepler.) 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But the pandemic didnt cause the departures, it just accelerated them. CAA has expanded into seemingly every business with even a passing connection to entertainment, adding a sports division to rep stars like Cristiano Ronaldo and launching a venture capital fund. Leaving CAA felt much like a divorce, Micelli tells me. Get our latest storiesin the feed of your favorite networks. He remains a minority investor, with additional funding from New York Knicks coach David Fizdale, Microsoft CMO Mich Mathews-Spradlin and Grubhub founder/CEO Matt Maloney. The deal values Vox Media at half of what it was worth back in 2015, as many in the industry struggle with lagging advertising revenue. Not only are we able to use it in the B2B sense to help our clients get the roles they want or identify the clients that might be best associated with a piece of intellectual property, but also to help them understand their fans in a way that frankly only venture and hedge funds have ever done because our clients are brands too, Bruss says. He noted that prior to his firms SEC indictment, he was considered a rock star by most heavy hitters in Hollywood because of his rogue style and awesome returns as a hedge fund manager. Currently we have 800 paying customers who are paying us $200/month. Bruss has advised the L.A.s Finest actress on her investment in National Womens Soccer League team Angel City FC, as well as an investment in baby food brand Yumi. So, I would have followed him anywhere. The firm announced Wednesday that it wil Or, businesses may choose to make their press kits available as static, downloadable resources, like a presentation deck . In a pitch deck that leaked to the press, the companylater named Range Media Partnerstrumpeted, "We have never seen more high-end representatives ready to leave these institutions." . So, a consortium of agents from CAA, UTA, WME and other firms, repping such A-listers as Bradley Cooper, Tom Hardy, Keira Knightley, Emilia Clarke and Ramy Youssef, decided to embrace change, not fear it. The flood came in 2020, when four top agentswho repped Margot Robbie and Chris Hemsworth, among othersannounced that they were quitting to reunite with Micelli. Pitch decks are used by startups to convince investors to invest in their product. The pandemic has forced the shutdown of TV and film productions while live shows have been canceled or postponed. Or perhaps it is unanswered questions of how a group of top young agents in their prime ages of 36-45 can build a rep-based business without being predatory, especially when many clients theyve helped build into stars are being asked to remain by their agencies, and already have managers. A former college basketball player who considered playing professionally in Europe, he spent the first 20-plus years of his adult life channeling his competitiveness into the closest thing Hollywood has to a sport: working as a talent agent at the legendarily cutthroat CAA. Dark marketing pitch deck. Cohen converted SAC Capital to Point72 Asset Management, a vehicle to invest his own wealth. (Docusend reports that readers spend an average of just 2 minutes and 45 seconds reading a pitch deck!) One of the best storytelling methods for funding pitches is to use customer examples. The more we are able to sit down with clients and unearth other dreams, the more the promise of our company really comes to fruition.. Based on this experience, I'll share what I've learned about creating a . There was a dynamic change that was coming, and the company would be reflective of dealing with that., That was what was really motivating for us, because when you looked around, you said OK, you see the big shifts coming in terms of what Web3 is going to do and the Writers Guild issues and the issues all representatives are having with the streaming backends and the buyouts, he adds. Nonprofit pitch deck. Subscribe for full access to The Hollywood Reporter. Shift Pitch Deck. Send us a tip using our annonymous form. Its their agency. All the change in Hollywood has also created opportunities for enterprising young agents who want to discover new podcast talent and TikTok stars. Pitch Decks. Company Type For Profit. Other examples of how Range is broadening its clients beyond the standard buckets of film and TV include a deal for Vince Vaughn at Caesars; essentially a joint venture between Range and GPN, Game Play Network; Yellowstone actor Luke Grimes new country singing career; and Atlantic Records rapper Jack Harlows acting debut in 20th Century Studios reboot of White Men Cant Jump. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. Effective startup elevator pitch examples. Artists have spent their careers building other peoples assets, not building themselves into their own assets, says managing partner Bruss, who has worked extensively with Gabrielle Union. Average Series A round: $7.3 million. Word of Cohens involvement in the new management venture drew surprise in liberal Hollywood, particularly in light of Cohens support for Donald Trump. He donated $1 million to Trumps inaugural committee. Thats something that I didnt have time for at my previous job.. Last Funding Type Corporate Round. Are you tasked with using content to market a "boring" industry, and feeling envious of those who get to promote "fun" industries? There are plenty of people who are still quite happy working their way through the talent agency system. There are no big paychecks, the insiders said. Our research shows that the average Team slide in a pre-seed deck has 80 words (compared to the 50-word average on most other slides). One thing we were seeing was that you have a lot more direct-to-consumer capabilities through digital and online. you can offer. At the agencies, theres a huge divide in the millions of dollars earned by the executives who run the firms and the crackerjack agents pulling in commissions and relying on bosses to set bonuses that rise and fall with the health of the agency. She always felt frustrated that, despite working with her clients to develop their careers, she was cut out of the creative process once she brokered deals. Dozens of employees lounge on chairs and couches inside the airy building, where not even the partners keep permanent desks. Ready to create an effective social media marketing pitch deck? Agents wear nice suits and drive fancy cars, but its not all its cracked up to be, says a source. Vanity Fairs 2023 Hollywood Issue Welcomes You to the After-Party of Our Dreams, Inside the New Rights Next Frontier:The American West, The Strange, Sexually Charged Genesis of Gloria Swansons Legendary Memoir, King Charles Reportedly BeganEvicting Harry and MeghanAfterSpare, NetflixsMurdaugh Murders Team Say Theyve Uncovered New Crimes, Trumps Relationship With Jared and Ivanka Is About to Get a Lot More Awkward, The Cringey Sexcapades of a Horny Billionaire, What Is Cinema? We would like to show you a description here but the site won't allow us. You can use a pitch deck when meeting with potential investors, customers and business partners. These wrongdoers do not represent the 3,000 honest men and women who have worked at the firm during the past 21 years. Give yourself a boost and start using this template to bring your ideas to your customers/partners. This approach can help investors understand the general range of the projections, and can appeal to conservative and optimistic investors alike. Operator of a talent agency intended to offer curated representation. ), Sign up for THR news straight to your inbox every day. He quietly reached out to friends and former coworkers at the agencies to see who might be interested in joining him at this new firm while also pitching his vision to investors. Even one person crossing the line into illegal behavior is too many and we greatly regret this conduct occurred.. Mint. Another area distinguishing Range is its use of data analytics in negotiating for clients and informing their decisions. Range Media Partners Entertainment Providers Beverly Hills, California 4,403 followers Empowering exceptional talent into unlocking their full global value in all business areas. Media kits may live fully-online as responsive online press pages. Its just an ever-changing time in the industry, says another person who recently left a plum agency job. 2. Craft an elevator pitch that's a succinct briefing of your event. Range Media Partners General Information. Buffer pitch deck. The deal calls for A+E Studios to become a co-production partner for scripted TV projects emerging from Range. And thats assuming that talent even want an agent. By initiative. Strategy #2: Make It All About the Customer. mechanicsburg accident yesterday; lee chamberlin cause of death; why do geordies call cigarettes tabs; tui management style; duggar couples ranked. Slide 1: Overview of Brand Partnership Company. In any case, rare has a migration of agents to a new venture drawn the buzz, and shade, as Ive seen over the week since Deadline divulged the company and its participants. Check out the pitch deck this AI brand strategy startup used to raise $30 million to . Stay away from negative press unless you can show you've changed those negative opinions. My professional relationship with Rich is profound, I see him as a rock to hang on to and I have been building with him a strong complicity in our path, Guadagnino says. Range Media Partners, the talent representation company launched by an army of former top agents last year, is jumping into the world of betting and gaming. One Tuesday afternoon in November, Ranges Santa Monica headquarters hums with an energy thats rare for most postpandemic offices. Due respect to the memory of Entourages explosive madman Ari Gold, but a lot of hard-driving agents decided there was a better way to generate power and better places to hug it out. Pitching is the first step in onboarding new clients into your media company. In fact, director Luca Guadagninowho followed founding partner and former WME partner Rich Cook to Rangewas so all in that he designed the companys new headquarters at Bergamot Station in Santa Monica. July 10, 2021. You had challenges in the traditional film marketplace, so artists are talking to their fans more directly and theyre having to be more aggressive about revenue streams, because theres uneasiness in traditional film. Now, Cohens name has been thrust into the Hollywood limelight. The collapse of the syndication market in television has slashed back-end profits, a lucrative source of income. The streaming wars were supposed to make watching your favorite shows easierbut recent moves at Netflix, Paramount+, and Discovery+ indicate things are only going to get worse before they get better. Insiders paint a different picture, with sources saying the company is being collaborative and following a non-poaching rule. Range Media Partners is an Entertainment company located in US with 126 employees. Deadline called the news a bombshell. An insider told The Hollywood Reporter that such an exodus was unheard of. During the battle with the WGA, CAAs Lourd argued in a legal declaration that the ongoing dispute had made agency clientslike Lindelof, who signed with Rangeripe for poaching. Education partners. Looking beyond film and TV, Range also steers its clients on a mlange of areas including, but not limited to brand incubation and business investments. One is to be well capitalized, so that if you were actually bringing money to the table and certain opportunities, you could either leverage great opportunities or you can get stuff over the line, Whigham says. One of the most common mistakes founders make in their startup . On Wednesday it was announced that Cohens Connecticut-based venture fund, Point72 Ventures, is helping to bankroll a new Los Angeles-based management and production firm, Range Media Partners. Create. |. Business idea pitch deck. So CAAs leaders-in-waiting asked themselves if they wanted to stick around another decade or two to inherit the agency, at which point some of them would be pushing the new 40. The goal is to encourage conversation and collaborationand eventually a drink or two at a bar being designed by client Luca Guadagninoand thats exactly whats happening today as the company prepares for a retreat at the home of managing partner Dave Bugliari and his wife, Alyssa Milano. With a current valuation of $50 billion and funding of $9.4 billion, Tik Tok is one of the fastest-growing social media platforms in the world. 1 of 21. Classic Airbnb pitch deck. . Range Media Partners would extend beyond the de rigueur of TV and film representation, catapulting clients brands into areas such as Web3, E-gaming, NFTs, social media and venture capital. Short franchise elevator pitch example. Until now, Point72 has maintained four areas of focus: artificial intelligence, financial services, enterprise technology and healthcare. Food & Beverages. No one wants to ride out a strike, Im not saying its good for us by any means, says an agency leader, but we have the ability to weather those situations better than most.. All Rights Reserved. It's a set of promotional materials to provide information to members of the news media to help them write articles. All Rights Reserved. Below is an example from mobile payment service Square, which actually exhibits "best," "base," and "worst" case financial scenarios. Aside from a start with top dealmakers and strong ground-floor clients, Range began on solid financial footing.
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