range media partners pitch deck

The Dark Scandals and Power Struggles of Sumner Redstone, Les Moonves,and the Companies They Controlled. 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. Balance the storytelling element of your presentation with . Description. Were not acting as agents at all, he says. As one former agent puts it, Before, the agents were the most powerful. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. The collapse of the syndication market in television has slashed back-end profits, a lucrative source of income. The founders are taking financial hits on making the move, but it could pay off in the long run. Another area distinguishing Range is its use of data analytics in negotiating for clients and informing their decisions. The upstart management company that Deadline revealed on August 23 would be launched by Pete Micelli with principal backing from hedge fund billionaire Steve Cohen, now has a name Range Media Partners additional new backing through Microsoft CMO Mich Matthews-Spradlin and Grubhub founder/CEO Matt Maloney. Industry observers view the new company as an institutional shift in industry, where many agents have grown frustrated watching a handful of partners reap millions while their own opportunities for advancement remain limited in an uncertain market. The timing certainly checked out. New York-based manager Byron Wetzel also joined last week. Ad Choices. With this animated .pptx template presentation you will be able to make a dynamic presentation that will captivate your audience. Its their agency. For our 29th annual Hollywood cover, a dozen captivating young stars gather for the after-party of our dreams. Still, both agents and managers are bracing for what will almost certainly be a rocky year. Guy Kawasaki created his 10-20-30 rule for Pitch Deck which means: 10 slides are the optimal number for a presentation. Shyamalans projects are being supported with music and soundtrack needs through Ranges in-house label. 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. 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. We all have the same promise to each other, which is like, lets go take a shot and build something.. 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. We want to hear from you! Awards. He donated $1 million to Trumps inaugural committee. A staple of the best pitch deck lists, Mint is a personal financial app to help track spending and savings. July 10, 2021. Phone Number +1-424-403-1500. We would like to show you a description here but the site won't allow us. As for the Trump stuff, insiders said that he is not some MAGA hat wearing Trump acolyte; he has given over the years to politicians on both sides of the aisle and been generous to philanthropic causes. Here are nine steps to creating a standout pitch deck. Newest. 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. However, rather than fight the new normal, Range Medias philosophy is to embrace it. As a Content Marketing Manager at Atrium, Mark drove messaging efforts across a range of marketing assets, including blogs, newsletters, social media, landing pages, pitch decks, product demos . Its a hard change. A 20-page deck on the company's plans was leaked, widely, under the heading Moxie Media. 3. Strategy #2: Make It All About the Customer. 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. . Get our latest storiesin the feed of your favorite networks. The deck was written by Micelli, the former 23-year CAA vet who had just exited as eOne's Chief . In short, it "makes software work better.". How Richard Rushfields The Ankler Took on Hollywood. However, he is perhaps best known for having been the subject of one of the governments most high-profile insider trading investigations. Proptech. Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. The reader should be able to get the gist of your pitch without getting bogged down in time-consuming details. 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. Range Media is also reportedly cash-flow positive over the last five months. 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. Until now, Point72 has maintained four areas of focus: artificial intelligence, financial services, enterprise technology and healthcare. 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. Range also signed Flight Attendant EPs Meredith Lavender and Marcie Ulin, and is working on a visual branding that jibes with their stories. Los Angeles Times on Twitter: "In a 20-page pitch deck to investors . Buzzfeed Pitch Deck Example. 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. . This week, Cohen, who has a minority stake in the New York Mets, entered into exclusive negotiations to buy the team, besting a consortium led by Alex Rodriguez and Jennifer Lopez, CNBC reported. 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. Modern pitch deck example. Or, businesses may choose to make their press kits available as static, downloadable resources, like a presentation deck . Average Series A round: $7.3 million. 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. Coordinator, Film & TV at Range Media Partners Los Angeles, California, United States. 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. Operator of a talent agency intended to offer curated representation. Email pitch example #6. In 1999 Ovitz formed Artists Management Group, but after a series of failures he sold it in 2002. Corinne McCarthy, SEO & Online PR Specialist @ Web Talent Marketing. 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. 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. Pitch Deck - Template Dashboard is a multipurpose Powerpoint template perfect for your business or personal use. U.K.-based Amadeus Capital Partners and Austria's Apex . 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. 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. All Rights Reserved. Lovett began reminding staff that 60 was the new 40, according to two sources. 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. Incorporate images, use a modern color scheme, and insert a pattern for a captivating design. Managers typically have a smaller roster for whom they provide career guidance. Last year, Emanuel tapped Richard Weitz and Christian Muirhead to co-run WME. He cited the experience of Michael Ovitz, the once-powerful co-founder of CAA who became the short-lived president of Walt Disney Co. under Chairman Michael Eisner. The formation of Range two years ago is the dictionary definition of disruptive, and it was fraught with painful farewells to mostly receptive former colleagues. 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. Lovett, Lourd, and Huvane are now in their 60s. 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. 907 followers . 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. And it's the pitch deck that made Airbnb into the $385-billion startup that it is today. Wayfair Pitch Deck. And the agencies have been working on succession plans. 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.. 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. 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. In 2013 Cohens once-powerful firm, SAC Capital Advisors, pleaded guilty to a criminal indictment and paid a record $1.8-billion settlement. 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. Its healthy for everybody when things shake up a little bit, he says. 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 are generating $1.92 million in annual revenue. Training. In 2004 LinkedIn has raised $10M in funding from Greylock Partners in a Series-B investment round. Key Takeaway: The best pitch deck examples use clean, uncluttered slides with plenty of white space. 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. A media kit is also known as a press kit. 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. Keep it snappy. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. It's where you have to convince them that your services can benefit their company. Forget that the last three years even happened, and its still arguably harder to be an agent right now than at any other time. 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. 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. Media kits may live fully-online as responsive online press pages. A 30-point font is the smallest font size you should use on your slides. Take a good start by demonstrating details for the brands that want to enter into Partnership Company. Are you tasked with using content to market a "boring" industry, and feeling envious of those who get to promote "fun" industries? Something inside me told me this was the last retreat I was going to be on, he says. Contact Information. No talent names were revealed on the companys roster, but it is known that Taron Egerton, Keira Knightley and Michael Fassbender are among those who have left CAA to head to the new shop. Signup for Breaking News Alerts & Newsletters. Contact Email info@rangemp.com. One Tuesday afternoon in November, Ranges Santa Monica headquarters hums with an energy thats rare for most postpandemic offices. That was denied by insiders, who said motivations were the skin in the game equity stake, an opportunity to work with a crew whove been close friends despite many of them being competitors in the past, and a chance to try something disruptive while they were young enough. One of the primary documents essential to any early-stage company fundraising process is a pitch deck. 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. 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. We have never seen more high-end representatives ready to leave these institutions.. 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 . By subscribing, I agree to the Terms of Use and Privacy Policy. Insiders paint a different picture, with sources saying the company is being collaborative and following a non-poaching rule. 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. 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 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. The Wide Shot brings you news, analysis and insights on everything from streaming wars to production and what it all means for the future. By 2011 he was managing $12 billion. 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. Media Pitch Deck Examples. European VC firms Amadeus and Apex partner for 80m early-stage 'deep tech' fund. 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? All the change in Hollywood has also created opportunities for enterprising young agents who want to discover new podcast talent and TikTok stars. Range Media Partners General Information. Focus on positive reviews or attention related to your product. But Cohens enviable success had long been the subject of speculation on Wall Street. We want to take a deep, personal approach to our clients work while continuing to deliver great results. The management world was shaken up, as well as the agencies. It just felt the most appropriate next step for me was to do something that was at least partly mine.. Great! 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. Blog 50+ Pitch Deck Designs, Format, Examples 2023. 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. Many businesses at present use a pitch deck as their way of presenting a quick overview of a plan for investors. One agent looked at THEIR BOSSES and thought, Oh, you guys are never going to leave. 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. He was flush following Entertainment Ones $4 billion sale to Hasbro and launching a new talent management firm. Social. Surge Ventures. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. What they did: Mint made it clear through the pitch deck that they understood their investors well. In July, CAA said it was laying off 90 agents and furloughing 275 staffers. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. The company offers in-house production, brand development, and representation services, enabling artists to get the opportunities they seek. A brand pitch deck should be no longer than 10-15 pages. We want to take a deep, personal approach to our clients work while continuing to deliver great results. 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. After all, clients who havent worked in the past half year wont love having to pay more for representation. 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. 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. The Los Angeles Art World Is Having Its Gilded Age Moment. 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. 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. 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. We found out that there are 101,680 online retailers who fit this profile so the total estimated obtainable market size is $750 million. Investors: Bossanova Investimentos, Tiger Global Management, 8VC, and more. This is the moment where your audience needs to be saying "shut up and take . . 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. Engaging Content Marketing for Boring Industries from Market MindShift. . And thats assuming that talent even want an agent. 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. Short franchise elevator pitch example. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. 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. 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. Connect. When talked about the best SaaS pitch decks, Buffer hands down takes the top position. What happens when someone wakes up one day and realizes they dont want to be an agent anymore? According to Vanity Fair, at one time Cohen was said to have traded some 3% of all the stock on the New York Stock Exchange. 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. 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. 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 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. The terms pitch deck, investor pitch deck and business plan presentation are used synonymously. Range Media Partners provides artists, directors, writers, professional athletes, and others with management and representation services. The money hit the account on August 4, 2020, before anybody had even agreed to join Range. That takes strategy.. 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. Trumps Relationship With Jared and Ivanka. One thing we were seeing was that you have a lot more direct-to-consumer capabilities through digital and online. Send us a tip using our annonymous form. We want to hear from you! Now throw in a potential recession and a potential writers strike. Its their vision. This can range from revealing your pricing tiers, to announcing a sexy partnership with a big player in your market. 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 Keys to an Effective Pitch Deck. Stacy Perman is a Company Town reporter working on investigations and enterprise stories covering the entertainment industry for the Los Angeles Times. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Phil Sun left WME and brought Michael B. Jordan and Donald Glover to a new management firm, M88, focused on a diverse clientele. 2023 Deadline Hollywood, LLC. In the early 2010s, the leaders of Hollywoods most powerful talent agency, CAA, began telling senior agents that the kingdom would someday be theirs. Signup for Breaking News Alerts & Newsletters. Build for 2030. Times staff writer Ryan Faughnder contributed to this report. 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). Rushfields sharp-tongued missives have earned him a bold-faced subscriber list. Finally, rumors ran around that the partners were lured away from the major agencies by 7-figure paychecks. Statement yellow elevator pitch example. Then there is the ongoing standoff between agencies and the Writers Guild of America over industry practices. Dozens of employees lounge on chairs and couches inside the airy building, where not even the partners keep permanent desks. 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. Range Media Partners Launches Sports Division, Sets Will Funk As President Of Range Sports Justin Kroll 7/12/2022 George Harrison Said He Felt Sorry for Elton John for Being One of the Only Rock . Shift Pitch Deck. The distinction between agents and managers can seem nebulous, but there are key differences. 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. It should contain slides outlining the features and offers of your media services company. The pitch deck is an example of how basic and . That is your direct sales pitch straight to the potential customer. 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. There's thousands of high-quality images in . Strategy #1: Keep It Short and to-the-Point. 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. The company also plans to generate revenue by offering in-house production services. There are plenty of people who are still quite happy working their way through the talent agency system. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. I was like, Fuck no, its not, says one of them, who recalls thinking, Oh, you guys are never going to leave. Now, Cohens name has been thrust into the Hollywood limelight. 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. A Great Sales Deck can Make or Break a Deal. People are also insisting, as they seem to do every few years, that the movie star is dead, which means fewer new clients. 50m fund, focus on seed investments in energy. But the new generation soon realized that coronation day was further off than they expected. Range is clearly trying to position itself as a one-stop shopping center where celebrities can have both management representation and financing for these expanded entities, said Lindsay Conner, partner at Manatt, Phelps & Phillips. He supported the run of Democratic presidential Pete Buttigieg and has been a supporter of New York Governor Andrew Cuomo, and hasnt backed either of the combatants in the upcoming presidential election. In the streaming era, quarterly subscriber upticks, and undisclosed, elusive viewership data are challenging benchmarks for a talent rep to build any clients career from, versus box office or TV viewership which are clear barometers of an artists worth.

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