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. I started thinking about what was needed, and Range started to form in my headoh, the markets are changing this way and new technologies are coming that are gonna shift content distribution again, and theres a bunch of little things we can do to create a better culture and a better environment, Micelli says. Coordinator, Film & TV at Range Media Partners Los Angeles, California, United States. All the change in Hollywood has also created opportunities for enterprising young agents who want to discover new podcast talent and TikTok stars. Based on this experience, I'll share what I've learned about creating a . Range Media Partners provides artists, directors, writers, professional athletes, and others with management and representation services. Aside from a start with top dealmakers and strong ground-floor clients, Range began on solid financial footing. I also set aside time every week for creative time to think about ideas and about how to help somebody get to the next level, she says. 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 Previously, Range had formed a joint venture with A+E Studios which put the series White House Doctor in development at Fox with Alyssa Milano producing. 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. I think where theres some confusion is because a lot of us are former agents, and weve decided to invest in a shared services platform thats unlike what any management companys ever done. Cook, Micellis colleague, adds, We all did our 10,000 hours as agentswe wake up and we dial for dollars, we think about packaging, and were really proactive. 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 deal calls for A+E Studios to become a co-production partner for scripted TV projects emerging from Range. The company has also expanded from film and TV into music management, marketing, branding, sports and TV production, as well as more speculative business like Web3 and the metaverse. Pitch decks are used by startups to convince investors to invest in their product. . Mint. During a pitch, you need to have a pitch deck as your visual aid. Theresa Kang-Lowe, formerly a powerful WME agent, now manages Alfonso Cuarn, Lena Waithe, and others while producing television like the Apple TV+ epic Pachinko. The great news is though that since Rich told me about Range, I realized how powerful and visionary they were in waiting to make such a disruptive move, so now the reasons became two. The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. Email pitch example #6. You can use a pitch deck when meeting with potential investors, customers and business partners. These presentations last no more than 20 slides and are meant to give full detail of a particular business idea instead of a full-blown presentation ranging from more than 30 slides. As Cohens net worth rose so did his appetite for art. CAAs trio of cochairmenBryan Lourd, Kevin Huvane, and Richard Lovetthad already led the agency through a 15-year period of tremendous growth, and their contracts were set to expire within a half dozen years. Strategy #4: Use Your Brand Story to Create Hype. Companies like Netflix and Disney have increasingly been buying out talents back-end participation in favor of upfront fees, curtailing an agencys profit if a show becomes a runaway success. Hes certainly a controversial figure, said Tom Nunan, a former network and studio executive who teaches at the UCLA School of Theater, Film and Television. 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. . I fell in love with Pete very quickly, says Rich Cook, whod run the motion picture literary department at WME. Balance the storytelling element of your presentation with . Range Media Partners General Information. He was flush following Entertainment Ones $4 billion sale to Hasbro and launching a new talent management firm. It has been nearly two years since a group of the best and brightest young agents and partners told their bosses they were stepping away from their million-dollar salaries to follow former eOne strategy officer and CAA television veteran Peter Micelli and be the founding partners of a new management company, Range Media Partners. Noting that current representation system is broken, lack of transparency has eroded trust, the document made a persuasive argument that a well-organized management venture could find a seam in the marketplace. Currently we have 800 paying customers who are paying us $200/month. The writer we pitched ended up connecting us with a reporter at CNBC. Talent agencies are under growing pressure to raise capital to finance growth at time of rapid changes in the media industry. Yeah, we remember that Sunday well, says Jack Whigham, who left CAA for the new opportunity. While Micelli had stepped away from representation, the Writers Guild lawsuit against the talent agencies had created a fissure in the part of the business at which he excelled, packaging writers and stars, then hand-delivering full projects to TV studios. In the early 2010s, the leaders of Hollywoods most powerful talent agency, CAA, began telling senior agents that the kingdom would someday be theirs. Justin Izzo. Cohen converted SAC Capital to Point72 Asset Management, a vehicle to invest his own wealth. By 2011 he was managing $12 billion. 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. Times staff writer Ryan Faughnder contributed to this report. Revolut Pitch Deck. Nylas is all about efficiency. TVs top-rated drama may wrap as cocreator Taylor Sheridan pursues yet another franchise extensionthis one starring Matthew McConaughey. As a leader at one top agency says, COVID was the hundred-year flood, and I think people made decisions about their lives at a scale that youve never seen before.. - Crafted potential client pitch decks for agents to present in talent meetings Our access to clients, our ability to influence decisions they make and create opportunities for talent and for people who want to work with talentthat makes us powerful, says Zimmer. The industry is already reeling as the streaming services that were supposed to save the business have been hemorrhaging money. Strategy #2: Make It All About the Customer. 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. Shift Pitch Deck. But it was coupled with this new opportunity to learn and sit on the other side of the table. Movie agent Jim Toth and top sports rep Nick Khan left for new opportunities too. E-Commerce. Were not acting as agents at all, he says. Unlike other management firms, who, like the agencies, handled a massive list of clients, Range would prioritize top, exclusive talent. Something inside me told me this was the last retreat I was going to be on, he 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. The timing certainly checked out. Its healthy for everybody when things shake up a little bit, he says. Why Netflix is dabbling in livestreaming, Desperate mountain residents trapped by snow beg for help; We are coming, sheriff says, Newsom, IRS give Californians until October to file tax returns, 15 arrested across L.A. County in crackdown on fraudulent benefit cards, Column: A transgender patients lawsuit against Kaiser is a front for the conservative war on LGBTQ rights, After a rough 2019, Hollywoods talent agencies brace for more uncertainty, range of blows buffeting the talent business, How strong is Dominions defamation case against Fox News? (The agencies later agreed to end the controversial practice and divest most of their majority ownership stakes in production companies.) by | Jun 10, 2022 | preghiera potente per far litigare una coppia | native american owned businesses in arizona | Jun 10, 2022 | preghiera potente per far litigare una coppia | native american owned businesses in arizona Lovett, Lourd, and Huvane are now in their 60s. What happens when someone wakes up one day and realizes they dont want to be an agent anymore? The Airbnb pitch deck is a legend among presentation designers. 1 of 21. 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. Among them, CAA agent Scott Greenberg moved with his lengthy list of filmmakers to work with longtime friend Rick Yorn at LBI (hell co-rep the clients with CAA), Theresa Kang-Lowe left WME to launch her own management company with a multi-year deal at Apple TV + and clients including Alfonso Cuaron, and WME agent Phil Sun joined MACROs Charles King to launch the rep firm M88 and took Michael B. Jordan with him. More exits are in the offing as the representation business resets itself in the streaming-dominated brave new world whose formation was exacerbated by the pandemic. Keys to an Effective Pitch Deck. Los Angeles Times on Twitter: "In a 20-page pitch deck to investors . Lovett began reminding staff that 60 was the new 40, according to two sources. Phil Sun left WME and brought Michael B. Jordan and Donald Glover to a new management firm, M88, focused on a diverse clientele. (Docusend reports that readers spend an average of just 2 minutes and 45 seconds reading a pitch deck!) Nonprofit pitch deck. Its definitely a less desirable job today.. The document is closer to Jerry Maguires mission statement than an actual business plan, but it nonetheless was a bit barbed toward the status quo and provided a glimpse into areas a new company might be able to monetize. We saw an opportunity to jump-start a company with a client list that would rival even the most powerful management company pretty quickly.. Guy Kawasaki created his 10-20-30 rule for Pitch Deck which means: 10 slides are the optimal number for a presentation. After outperforming rivals for years, his hedge fund, Capital Advisors, pleaded guilty in 2013 to insider trading and paid $1.8B in fines $900M in forfeiture and the same amount in fines in one of the biggest criminal cases against a hedge fund that kept Cohen from investing for two years. Sports. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. We have the utmost gratitude to those that have nurtured and supported our work for years, and we look forward to our continued collaboration. He donated $1 million to Trumps inaugural committee. Managers typically have a smaller roster for whom they provide career guidance. Design. Oscars 2023: Yes, Some Awards Movies Flopped, but Art Matters, Harrison Ford Doesnt Have A Social Anxiety Disorder, Youre Just Boring, New Report Claims HBOsDark Upcoming Drama. Dropbox is one of the pioneers of cloud storage as we know it today, and their pitch deck from 2007 was all about revolutionizing the way people stored and shared important data. Still, both agents and managers are bracing for what will almost certainly be a rocky year. On Wednesday it was announced that Cohen's Connecticut-based venture fund, Point72 Ventures, is helping to bankroll a new Los Angeles-based management and production firm, Range Media Partners. . All Rights Reserved. All Rights Reserved. The results: Their pitch deck helped them raise $321.5M in funding and estimated annual revenue of $79.2M. All of the principals will be given an unspecified ownership stake. 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. Rian Johnson, Halle Berry, and More Share Their Inspiration, From the Archive: The Man Who Kept Marilyns Secrets (1991), Listen toVFsLittle Gold MenPodcast for Unrivaled Awards-Season Coverage, 2023 Cond Nast. Why It Worked. Ranges data set has been instrumental in client negotiations, whether its demonstrating their financial value to a media conglomerates library. The defections, sparked by factors beyond succession in some cases, started with a trickle. 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. U.K.-based Amadeus Capital Partners and Austria's Apex . European VC firms Amadeus and Apex partner for 80m early-stage 'deep tech' fund. The menand, yes, theyre still all menwho run the top agencies know better than to act alarmed about defections. 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. A pitch deck is a presentation that gives your audience an overview of your business plan. You might have pitched investors and raised funding, but a sales pitch is a completely different art, not to mention pitching to potential partners! But the pandemic didnt cause the departures, it just accelerated them. Company Type For Profit. But the new generation soon realized that coronation day was further off than they expected. 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. It focused on describing . Range Media Partners Adds 20 Clients To Roster; Bradley Cooper, Ramy Youssef, Anna Kendrick, Emilia Clarke & Tom Hardy Among Names Read full article Justin Kroll Research Lead, Dropbox DocSend. 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. The money hit the account on August 4, 2020, before anybody had even agreed to join Range. Range also signed Flight Attendant EPs Meredith Lavender and Marcie Ulin, and is working on a visual branding that jibes with their stories. A media kit is also known as a press kit. Impress your audience by adding images that help communicate the content in your pitch deck. They made their dramatic pivot at the height of industry instability; movie theaters remained closed from Covid, production was slow to rebound as no one was writing Covid policies, and that meant no completion bonds; and studio tentpoles were being unloaded to streamers. Deadline is a part of Penske Media Corporation. Keep it snappy. One Tuesday afternoon in November, Ranges Santa Monica headquarters hums with an energy thats rare for most postpandemic offices. 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In the event youre weeping for them, the average midcareer agent can make between $400,000 and $600,000, not including a year-end bonus, while successful partners pull in millions. But can Rushfield and coconspirator Janice Min scale his scrappy newsletter into a big business? Buzzfeed Pitch Deck Example. The distinction between agents and managers can seem nebulous, but there are key differences. Thats something that I didnt have time for at my previous job.. Form And Sustain A Business Partnership Agenda For Form And Sustain Ppt File Deck PDF. Core values. Create. The rep business was also in flux, with the WGA bent on eradicating the packages and affiliated productions that had increasingly fueled agency coffers. The (non-representative) sample set of investor pitch decks below include eight Seed decks, four Series A, five Series B, and two Series C. Below are the key takeaways after observing the 19 total examples from transparent companies who shared their learnings with us: Average Seed round: $869,000. The ballooning of the agencies might be good for businessand for enriching leaders like Emanuel, who made $308 million following Endeavors IPO in 2021but its fundamentally changed the day-to-day for talent reps. 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. Focus on positive reviews or attention related to your product. A deck, described as an early draft that eventually served as a pitch to investors, also made the rounds last week, giving the impression that the new firm was taking a shot at the major agencies. Theres nothing better than when youre the dumbest person at the table, and you can get real advice from people you trust, says Susie Fox, who, while at UTA, signed up-and-coming comedians like Ali Wong, Jerrod Carmichael, and Ramy Youssef. As a company deeply invested in the well-being of its employees, Range Media Partners will establish a broad-based ownership of the success of the company from day one., In a joint statement, the founders said, We are incredibly proud to begin this exciting adventure together. 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. Categories. The new firm was bankrolled by hedge-fund billionaire and future New York Mets owner Steve Cohen, via his early-stage capital firm Point72. Ready to create an effective social media marketing pitch deck? Two former agents from UTA and WME, Ben Jacobson and David Stone, recently launched the Framework Collective to manage TV writers. 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. SEOmoz Pitch Deck. Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. The agencies, with their recently diversified businesses, seem well insulated. NEW YORK - March 04, 2022 - A+E Networks, a global multiplatform Media and IP company comprised of some of the most popular and culturally-relevant brands in the entertainment ecosystem, has entered into a strategic partnership with Range Media Partners, which connects with the world's most creatively ambitious talent, brands, and . Best Pitch Deck Examples & Analysis to Help Build Pitch Decks for 2023. Contact Information. This market is growing at a 15% rate. Media Pitch Deck Examples. Trumps Relationship With Jared and Ivanka. CAA ostracized Ovitz, hurting AMGs ability to package series and movies. . Our Favorites. This free eBook goes over the 10 slides every startup pitch deck has to include, based on what we learned from analyzing 350+ pitch decks, including those from Airbnb, Uber and Spotify. 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. 2. According to SlideGenuis, the cost of a pitch deck can be split into three categories: the low-end pitch deck, mid-range presentation design, and the upper-end presentation services. While recent years have seen LA become a destination art town, its now operating at another level, as the hubbub surrounding Frieze this week has revealed. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Traditional power structures are shifting because what clients want is shifting. Some agents were clearly part of Americas Great Resignation: Facing layoffs and pay cuts because of the pandemicand suddenly stripped of the power lunches and premieresthey simply reconsidered their careers. The company will be run by a cadre of agents from the big three agencies, CAA, WME and UTA, and aims to upend the representation business. The pitch deck also included several quotes from the media that helped to validate the company and its current success. In 2004 LinkedIn has raised $10M in funding from Greylock Partners in a Series-B investment round. 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., All the major agencies have suffered a steady stream of exits over the last three years amid what a former agent tells me is a generational shift. At WME, a number of high-powered agents of color walked out the door, while UTA said goodbye to several leaders in digital and new media.