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. Business idea pitch deck. An agency partner, who declined to be named because of business relationships, said he welcomes change in the industry, but cautioned that launching a management firm is a daunting task. Forget that the last three years even happened, and its still arguably harder to be an agent right now than at any other time. Now you've learnt why your agency needs to pull together a pitch deck, you're probably wondering what this presentation needs to include. Categories. In fact, this pitch deck had only 10 . While managers will for the most part work from home, Micellis Brentwood abode, with substantial backyard space, will serve as the de facto headquarters and meeting place in the initial year as offices in Hollywood remain shut because of COVID-19. 20 minutes is the longest time you should talk. The rise of streaming and expected decline of TV packaging, combined with the effects of a longstanding boycott by Writers Guild of America, have put the squeeze on talent agencies, some of which have laid off workers. 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. The Dark Scandals and Power Struggles of Sumner Redstone, Les Moonves,and the Companies They Controlled. 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. Agents often represent dozens of people in a specific area of the business (think film roles but not television ones, or brand deals but not public speaking engagements) and focus on landing their clients new work. 2023 Deadline Hollywood, LLC. Mint. Range Media Partners is an Entertainment company located in US with 126 employees. But Cohens enviable success had long been the subject of speculation on Wall Street. In July, CAA said it was laying off 90 agents and furloughing 275 staffers. TVs top-rated drama may wrap as cocreator Taylor Sheridan pursues yet another franchise extensionthis one starring Matthew McConaughey. He became known as a trophy hunter, applying his trading acumen to that of collecting, often rocking the art market in the process. Table of Contents. Whether you're looking for customer pitch-decks or copy blocks, the marketing assets page lets you filter down to the exact type of content you need . range media partners pitch deck. You might have pitched investors and raised funding, but a sales pitch is a completely different art, not to mention pitching to potential partners! Cubeit Pitch Deck. U.K.-based Amadeus Capital Partners and Austria's Apex . In the event you are very early stage or your growth is not that interesting I would avoid including it. 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. July 10, 2021. 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. 10. Even one person crossing the line into illegal behavior is too many and we greatly regret this conduct occurred.. But can Rushfield and coconspirator Janice Min scale his scrappy newsletter into a big business? Cohen, who did not respond to requests for comment, is said to be injecting upwards of $25 million for a 30% stake in the new firm, according to the Hollywood Reporter. There is a great article about their fundraising journey and how they pivoted from an accelerator model to a VC here: Ive always wanted to do this. We have the venture capital expertise, we have business development expertise, we have the data analytics, were spending an enormous amount of time in Web3 and understanding what the potential of it is and how that impacts artists communicating their stories to the world, Micelli says. Our Favorites. We want to take a deep, personal approach to our clients work while continuing to deliver great results. Michael Ovitz was the best agent ever and even he failed, the partner noted. There are no big paychecks, the insiders said. One such investment is with A+E Networks, which recently took a high-teens stake in the firm for $50M. Awards. BuzzFeed is a highly popular internet entertainment, news, and media company that has been at the forefront of digital journalism since it was founded in 2006. Core values. Stacy Perman is a Company Town reporter working on investigations and enterprise stories covering the entertainment industry for the Los Angeles Times. Aside from a start with top dealmakers and strong ground-floor clients, Range began on solid financial footing. 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. 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. Use it to tell your sponsors who you are, what your event's about, why you're hosting it, what makes your event unique, and most importantly . Dozens of employees lounge on chairs and couches inside the airy building, where not even the partners keep permanent desks. 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 throw in a potential recession and a potential writers strike. We are generating $1.92 million in annual revenue. 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. 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. Its their agency. 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. Description. A staple of the best pitch deck lists, Mint is a personal financial app to help track spending and savings. 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? Legal Name Range Media Partners. Now there might be a splitting of the power. This still doesnt faze the old guard. Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. 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. 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. At Range however, partners have equity stakes and discretionary bonuses are eliminated as theyre often a bone of contention. Craft an elevator pitch that's a succinct briefing of your event. Step 1. Total fundraising numbers for each startup in the list below are according to PitchBook data . Less than two weeks after SACs settlement with the SEC, Cohen bought Picassos Le Reve for $155 million from Steve Wynn. Part of Ranges power to propel their clients projects stems from a model which is built on creating multiple joint ventures with various studios and platforms for various projects. One of the best storytelling methods for funding pitches is to use customer examples. Pitch Decks. Tom Sizemore Dies: 'Saving Private Ryan' & 'Black Hawk Down' Star Was 61; Reactions + Career In Photos, MRC, James Wans Atomic Monster & 3 Arts In Deal To Develop Pornsak Pichetshotes Noir Graphic Novel The Good Asian Into Series, Searchlight Lands Theatrical Remake Rights To Oscar-Nominated National Geographic Docu Fire Of Love, Lava Love Story Of French Volcanologists, The Oscar-Nominated Women Behind Elvis: Gail Berman, Catherine Martin & Mandy Walker Speak On The Man, The Myth, The Movie. Microsoft Inspire. Media Pitch Deck Examples. He was flush following Entertainment Ones $4 billion sale to Hasbro and launching a new talent management firm. Social. SEOmoz Pitch Deck. One of the most common mistakes founders make in their startup . 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. But in 2017, during the agencys annual retreat at a resort near San Diego, Micelli realized it was time to quit. Cohen, who sits on the Board of Trustees at the Museum of Contemporary Art in Los Angeles and Museum of Modern Art Board of Trustees in New York, established a foundation with his second wife Alexandra in 2001 that supports childrens health, education, veterans and the arts. 2. Phone Number +1-424-403-1500. And if talent are forced to make hard choices, are they more likely to dump their agents or their managers first? 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. Investors: Bossanova Investimentos, Tiger Global Management, 8VC, and more. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Strategy #4: Use Your Brand Story to Create Hype. 1. Cohen was never charged. Range Media Partners General Information. In April 2019, the writers union instructed its members to fire their agents who did not sign a deal with the WGA to end the longstanding practice of packaging fees, further eroding a revenue stream for agencies. She also writes about podcasting services, digital media and talent agencies. Range Media represents a major shift in the talent business that hasnt seen a significant shakeup since 1995, when Ari Emanuel and three of his fellow ICM agents defected from ICM in a midnight raid to launch Endeavor. Were not acting as agents at all, he says. Check out the pitch deck this AI brand strategy startup used to raise $30 million to . mcdonalds garfield mugs worth Shift Pitch Deck. Luckily, we've got all the answers for you! you can offer. So, theyre going to be more aggressive, more ambitious about a lot of different areas of their life on average, explains Whigham. The pitch deck also included several quotes from the media that helped to validate the company and its current success. 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. Balance the storytelling element of your presentation with . Signup for Breaking News Alerts & Newsletters. 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. Below you find a list of media pitch decks from industry-leading startups and companies that have changed the game. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. 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 this animated .pptx template presentation you will be able to make a dynamic presentation that will captivate your audience. In the last couple of years, Micelli has grown Range to over 160 employees and more than 500 clients, including recent signees M. Night Shyamalan, Busy Philipps, Shailene Woodley, and Mariah Carey. Get our latest storiesin the feed of your favorite networks. 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. One Tuesday afternoon in November, Ranges Santa Monica headquarters hums with an energy thats rare for most postpandemic offices. When talked about the best SaaS pitch decks, Buffer hands down takes the top position. 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. 2023 Deadline Hollywood, LLC. Sandra Kang from CAA Global Brands Group, CAA Foundations Rachel Kropa, and manager Byron Wetzel (a New York-based manager who runs Wetzel Entertainment Group and has management clients including Michael Shannon) will round out the lineup of principals, with an additional founding member about to be named to lead a music division. The company is committed to providing equity to all founding staff, at every level, and recruiting and representing a diverse group of perspectives and backgrounds. Find top employees, contact details and business statistics at RocketReach. 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 Wide Shot brings you news, analysis and insights on everything from streaming wars to production and what it all means for the future. The next generation of agents will have that also.. Other. This slide describes the overview of the brand Partnership Company which includes: Mission, vision. Proptech. 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 Sports. 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. A pitch deck is a presentation that gives your audience an overview of your business plan. 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. . At Range, shes producing a film that Ilana Glazer cowrote about an unplanned pregnancy. Insiders paint a different picture, with sources saying the company is being collaborative and following a non-poaching rule. Range Media Partners Entertainment Providers Beverly Hills, California 4,403 followers Empowering exceptional talent into unlocking their full global value in all business areas. Multiple current and former agents say that the agencies used to feel like a family, at least the kind of family that ritually hazes the youngest kids. Here are nine steps to creating a standout pitch deck. Surge Ventures. We were all stretched pretty thin in our previous lives, says Whigham about changing up from an agent to a manager. Give yourself a boost and start using this template to bring your ideas to your customers/partners. Hundreds of thousands of developers . Get our latest storiesin the feed of your favorite networks. Discover communities . All. Send us a tip using our annonymous form. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. These startup pitch deck examples wouldn't cut it in 2023 and we'll tell you why. 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. 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. 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. Modern pitch deck example. CAA ostracized Ovitz, hurting AMGs ability to package series and movies. Statement yellow elevator pitch example. Last year, Emanuel tapped Richard Weitz and Christian Muirhead to co-run WME. 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. Related Categories: Partnership | Business Partnership Proposal | Strategic Partnership | Business Proposal. Its healthy for everybody when things shake up a little bit, he says. Download Our Free Guide: The Perfect Pitch Deck. The timing certainly checked out. The initial focus will be on film and television talent, but the company said Wednesday that an additional founding member who will lead a music division will be announced soon. The company offers in-house production, brand development, and representation services, enabling artists to get the opportunities they seek. It focused on describing . The launch comes amid a wide range of blows buffeting the talent business. As Hollywood belt-tightening continues, what happens to the newly minted managers who defected from the agencies with only a handful of loyal clients and a dream? Strategy #3: Show What Your Product or Service Can Do. An agency pitch deck is a presentation used to explain what your social media agency offers to new potential clients. ICM and UTA recently signed agreements with the union, but the other big agencies WME and CAA have not. Event. Airbnb pitch deck proves that the key to winning is to keep things short. The company will launch with three more dealmakers wholl become part owners along with the other agents transitioning to the manager side of the street. A media kit is also known as a press kit. 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. An elevator pitch is a persuasive speech that you can give in around 30 seconds to a minutethe time it takes to use an elevator. 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. 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. I was like, Fuck no, its not, says one of them, who recalls thinking, Oh, you guys are never going to leave. After all, clients who havent worked in the past half year wont love having to pay more for representation. But the pandemic didnt cause the departures, it just accelerated them. Also known as a slide deck or start-up deck, it should cover the key points of your business plan, the products and services you provide, high-level financial projections, and funding needs. Here are some of the pitch decks that six startups which raised funding from a range of investors used. It would be easy for Bradley Cooper or Tom Hardy to make the move, but it might be more cumbersome for Margot Robbie, who has a long relationship with her Management 360 reps who built her career along with Range partner Bugliari while he was at CAA. Its a hard change. The new firm was bankrolled by hedge-fund billionaire and future New York Mets owner Steve Cohen, via his early-stage capital firm Point72. The other point of skepticism by shade-throwers was to note that billionaire backer Cohen had contributed to the inauguration of President Donald Trump, no beloved figure in Hollywood. It should contain slides outlining the features and offers of your media services company. All Rights Reserved. Back in the mid-1980s the SEC investigated him for insider trading in connection with RCA shares bought before General Electric acquired the company. Here is a media pitch example that earned a placement on CNBC's website (cnbc.com) for a client of Web Talent Marketing. While theyre barred from negotiating dealsthats the domain of agents and lawyersthey can do things that agents cant, like producing and personally investing in a clients tequila empire, say. Form And Sustain A Business Partnership Agenda For Form And Sustain Ppt File Deck PDF. By subscribing, I agree to the Terms of Use and Privacy Policy. Instead, one managers success with a client resonates to others in the firm via a shared pool of commissions. Strategy #5: Build an Emotional Connection. 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. 50m fund, focus on seed investments in energy. Are you tasked with using content to market a "boring" industry, and feeling envious of those who get to promote "fun" industries? You can use a pitch deck when meeting with potential investors, customers and business partners. Agents wear nice suits and drive fancy cars, but its not all its cracked up to be, says a source. There are plenty of people who are still quite happy working their way through the talent agency system. DISPLAYING: 1 - 50 of 604 Items. Trumps Relationship With Jared and Ivanka. 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. The defections, sparked by factors beyond succession in some cases, started with a trickle. Interestingly, and more than the other pitch decks in this article, they put a lot of emphasis on the value they add to the startups they support. Nonprofit pitch deck. Incorporate images, use a modern color scheme, and insert a pattern for a captivating design. Based on this experience, I'll share what I've learned about creating a . New York-based manager Byron Wetzel also joined last week. He donated $1 million to Trumps inaugural committee. The Range partner/owners arent the only top notch partners who spent their careers building at major agencies and moved onto management concerns. With its reported $100 million investment, PMC is now the largest shareholder of Vox Media. 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. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. 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 . 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. With the old guard holding on to power, younger talent reps are shaking up the industry by changing lanes. Walmart - Flipkart Pitch Deck. The rep business was also in flux, with the WGA bent on eradicating the packages and affiliated productions that had increasingly fueled agency coffers. Julian has created over 400+ articles about a wide range of topics e.g., math, biology, chemistry, history . Range Media Partners provides artists, directors, writers, professional athletes, and others with management and representation services. 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. 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. As of July, Point72 had $17.2 billion assets under management. It is close to what one of Hollywood's biggest, most established management-production . That means managers can potentially make more money, especially at a time when stars all seem to crave the same new status symbol: a billion dollars. 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 low-end pitch deck costs between $1,000 to $3,000 and is suitable for those who want to revamp their existing pitch deck or create from scratch at a cheap price. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. Some agents at a certain point either get managed out or they get burnt outand some become managers, says UTA CEO and cofounder Jeremy Zimmer. 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. The management world was shaken up, as well as the agencies. If we cant get the needle movers, if we cant get the people that really matter, could we call Steve and give the money back? But by September, 10 people from CAA, WME, and UTA had signed onand many clients followed them. Pitching is the first step in onboarding new clients into your media company. What happens when someone wakes up one day and realizes they dont want to be an agent anymore?
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