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. Awards. After Agency Exodus, Top Reps Unveil New Firm Range Media Partners How to create a social media marketing pitch deck. 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. An agency pitch deck is a presentation used to explain what your social media agency offers to new potential clients. Table of Contents. A 20-page deck on the company's plans was leaked, widely, under the heading Moxie Media. Paul Sawers. Justin Izzo. You become their partner versus just a rep, says an agent turned manager. 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. [Read more: 3 Easy Steps to Research Your Startup Business Idea] Outline the problem you're trying to . I was giving up a lot and risking an enormous amount. 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. We want to take a deep, personal approach to our clients work while continuing to deliver great results. Pitching to sponsors: A 10-point guide for event organizers Other backers include former New York Knicks coach David Fizdale, former Microsoft chief marketing officer Mich Mathews-Spradlin, and Grubhub founder and CEO Matt Maloney. 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. All Rights Reserved. Range Media is also reportedly cash-flow positive over the last five months. The company offers in-house production, brand development, and representation services, enabling artists to get the opportunities they seek. The founding of the firm was a secret affair that began in March and caught most unawares. 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. Walmart - Flipkart Pitch Deck. At Range, shes producing a film that Ilana Glazer cowrote about an unplanned pregnancy. Its a hard change. Managing partners took sizable pay cuts to leave their agent gigs, but none of the people I speak with express regret. 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. Pitch Deck - Presentation Dashboard #266713 - TemplateMonster ICM and UTA recently signed agreements with the union, but the other big agencies WME and CAA have not. We have never seen more high-end representatives ready to leave these institutions.. Media Pitch Deck Examples The Post reported that a pitch deck to investors from Range Media (previously under the name Moxie Media) pointed out that the agency business is in "free fall," and, "there has never been a . 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 are generating $1.92 million in annual revenue. 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. One of the most common mistakes founders make in their startup . Lovett began reminding staff that 60 was the new 40, according to two sources. By initiative. Now throw in a potential recession and a potential writers strike. 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. Sports. Los Angeles Times on Twitter: "In a 20-page pitch deck to investors Top Pitch Decks from Media Startups From Seed to Series C: 19 Startup Pitch Deck Examples - Cirrus Insight Key Takeaway: The best pitch deck examples use clean, uncluttered slides with plenty of white space. 2. 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. 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. And thats assuming that talent even want an agent. 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. 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. Last Funding Type Corporate Round. Because of the secrecy, chatter in Hollywood circles has focused on a potential management war for clients as well as Cohens past legal troubles. 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. It focused on describing . 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. Hundreds of thousands of developers . The Airbnb pitch deck is a legend among presentation designers. The Dark Scandals and Power Struggles of Sumner Redstone, Les Moonves,and the Companies They Controlled. 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.. Two former agents from UTA and WME, Ben Jacobson and David Stone, recently launched the Framework Collective to manage TV writers. 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. range media partners pitch deck - forwardmerchantfunding.com 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. Below is an example from mobile payment service Square, which actually exhibits "best," "base," and "worst" case financial scenarios. ), Sign up for THR news straight to your inbox every day. Rocketreach finds email, phone & social media for 450M+ professionals. 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. 2023 The Hollywood Reporter, LLC. Description. 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? One thing we were seeing was that you have a lot more direct-to-consumer capabilities through digital and online. (crickets) Yep - not as easy as it sounds. 50m fund, focus on seed investments in energy. During a pitch, you need to have a pitch deck as your visual aid. As I said about the disruptive power of this idea, I love when there is a very healthy shake of the house. In this case the energy of the different people evolved into this company, the out of the box thinking intertwined with the absolute insiders nature of all people involved was so exciting.. Pitch deck. But the pandemic didnt cause the departures, it just accelerated them. July 10, 2021. The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. 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. Ad Choices. 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. This begged the question for Range Media Partners about what they might be able to exploit. Tom Sizemore Dies: 'Saving Private Ryan' & 'Black Hawk Down' Star Was 61; Reactions + Career In Photos. A Step-By-Step Guide To Pitch Social Media Management To A Potential He was flush following Entertainment Ones $4 billion sale to Hasbro and launching a new talent management firm. 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 But what happens when theyre gone? (I read it the second I see it pop up, says Richard Plepler.) And it's the pitch deck that made Airbnb into the $385-billion startup that it is today. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. In a joint statement, the founders said, We are incredibly proud to begin this exciting adventure together. Aside from a start with top dealmakers and strong ground-floor clients, Range began on solid financial footing. Some industry heavyweightsJennifer Lawrence and Leonardo DiCaprio among themhave done without them for years. Microsoft Partner Community. Keys to an Effective Pitch Deck. 20 Pitch Decks from Well-Known Media Startups - Failory Media kits may live fully-online as responsive online press pages. 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.. Training. The industry is already reeling as the streaming services that were supposed to save the business have been hemorrhaging money. Startups. A 20-page deck on the companys plans was leaked, widely, under the heading Moxie Media. 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. Other. Effective startup elevator pitch examples. Average Series A round: $7.3 million. Newest. The Los Angeles Art World Is Having Its Gilded Age Moment. Phil Sun left WME and brought Michael B. Jordan and Donald Glover to a new management firm, M88, focused on a diverse clientele. Everyone starting with Range Media, including assistants (which in this companys culture are called associates), will have equity in the company. Dozens of employees lounge on chairs and couches inside the airy building, where not even the partners keep permanent desks. BuzzFeed. Email pitch example #6. Range Media Partners General Information. I've created fundraising pitch decks for dozens of companies and have used them to successfully raise almost $700 million of total capital, including more than $40 million of pre-seed equity for startup companies. 22 Pitch Decks from Notable Social Media Startups. Julian has created over 400+ articles about a wide range of topics e.g., math, biology, chemistry, history . Another area distinguishing Range is its use of data analytics in negotiating for clients and informing their decisions. Investors: Bossanova Investimentos, Tiger Global Management, 8VC, and more. This market is growing at a 15% rate. 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. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. The deal calls for A+E Studios to become a co-production partner for scripted TV projects emerging from Range. Upstart Management Company Range Media Partners Launches; Ex-Microsoft Buffer is a social media scheduling platform that helps you schedule content for Facebook, Twitter, LinkedIn, and Pinterest. In 2018, berconnected talent rep Michael Kives headed out on his own. In the event you are very early stage or your growth is not that interesting I would avoid including it. Less than two weeks after SACs settlement with the SEC, Cohen bought Picassos Le Reve for $155 million from Steve Wynn. Guy Kawasaki's Pitch Deck Template. 11:00 PM PST February 21, 2023. At six foot seven with a broad frame, Micelli, the Range CEO, is hard to miss when he enters a room. 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. Media Pitch Deck Examples. 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. range media partners 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. Get our latest storiesin the feed of your favorite networks. 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. The new firm was bankrolled by hedge-fund billionaire and future New York Mets owner Steve Cohen, via his early-stage capital firm Point72. Download Our Free Guide: The Perfect Pitch Deck. 1. By subscribing, I agree to the Terms of Use and Privacy Policy. 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Strategy #3: Show What Your Product or Service Can Do. Then there is the ongoing standoff between agencies and the Writers Guild of America over industry practices. Until now, Point72 has maintained four areas of focus: artificial intelligence, financial services, enterprise technology and healthcare. Pitch Deck - Presentation Dashboard - Creative Market 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. Based on this experience, I'll share what I've learned about creating a . Even one person crossing the line into illegal behavior is too many and we greatly regret this conduct occurred.. To revist this article, visit My Profile, then View saved stories. The defections, sparked by factors beyond succession in some cases, started with a trickle. 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. 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. Phone Number +1-424-403-1500. Management is a civil game compared to agenting: poaching is rare, except when former CAA chief Michael Ovitz formed AMG and hired away CAA agent Mike Menchel and drew his star client Robin Williams, and brought over Tom Clancy from WMA. Controversial Wall Street billionaire takes on Hollywood - Los Angeles . 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. 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. The pitch deck also included several quotes from the media that helped to validate the company and its current success. 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. Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. A pitch deck is a brief presentation, ranging from 10-20 slides, that provides an overview of your business. Surge Ventures. rangempcom.wpcomstaging.com Coordinator, Film & TV at Range Media Partners Los Angeles, California, United States. 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. So, I would have followed him anywhere. Cohen was never charged. Shyamalans projects are being supported with music and soundtrack needs through Ranges in-house label. Proptech. The company says its construct will foster a company culture grounded in inclusion, respect, and fairness. 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. 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. Core values. As Cohens net worth rose so did his appetite for art. The reader should be able to get the gist of your pitch without getting bogged down in time-consuming details. It didnt make the new venture many friends among agencies which watched key players walk out the door and word is that when the exiting agents met with CAA brass, they had the document in their hands. Were not acting as agents at all, he says. Stay away from negative press unless you can show you've changed those negative opinions. 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. 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. 12 Startup Pitch Deck Examples [PlusTemplate] - hubspot.com Build for 2030. Currently we have 800 paying customers who are paying us $200/month. Press slide. 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. Take a good start by demonstrating details for the brands that want to enter into Partnership Company. Buzzfeed Pitch Deck Example. Your pitch deck should stand on its own as a . The writer we pitched ended up connecting us with a reporter at CNBC. Insiders paint a different picture, with sources saying the company is being collaborative and following a non-poaching rule. 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. Last year, Emanuel tapped Richard Weitz and Christian Muirhead to co-run WME. 35 Best Pitch Decks From Real-Life Startups [With Templates] - Visme Blog Best Pitch Deck Examples to Help Build Your Pitch Deck in 2023 These startup pitch deck examples wouldn't cut it in 2023 and we'll tell you why. 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. CAA may pursue legal action after new firm poached top agents 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. 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. But who will the next generation be if younger agents keep changing lanes, though? Wayfair Pitch Deck. After all, clients who havent worked in the past half year wont love having to pay more for representation. (The agencies later agreed to end the controversial practice and divest most of their majority ownership stakes in production companies.) And the agencies have been working on succession plans. We still continue to grow, and we still continue to thrive, and we continue to work really well with managers. Strategy #5: Build an Emotional Connection. 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. 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. Balance the storytelling element of your presentation with . As described in the pitch, Unlocking the power of content creation to turn celebrities into curators. The Best Pitch Deck Templates for 2022 - Paid and Free - Master Bundles One of the primary documents essential to any early-stage company fundraising process is a pitch deck. Do Not Sell or Share My Personal Information, Paramount to pay $122.5 million to settle lawsuit over CBS deal. 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. 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. 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. So Range has built the most comprehensive understanding of their clients fan base, from what they stream to their credit card purchases. Download Our Free Guide: The Perfect Pitch Deck. March 27, 2022. Pitch decks are used by startups to convince investors to invest in their product. In 2004 LinkedIn has raised $10M in funding from Greylock Partners in a Series-B investment round. 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. Range Media Partners Launches Sports Division, Sets Will Funk As - MSN You may occasionally receive promotional content from the Los Angeles Times. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. The menand, yes, theyre still all menwho run the top agencies know better than to act alarmed about defections. 20+ Free Pitch Deck Templates [Fully-Customizable] | Pitch From Chris Rock to the SAG Awards. Lovett, Lourd, and Huvane are now in their 60s. 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 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. 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. Meanwhile, the #MeToo and Black Lives Matter movements forced a reckoning at the agencies over their part in perpetuating systemic discrimination. The deck was written by Micelli, the former 23-year CAA vet who had just exited as eOne's Chief . We want to hear from you! Statement yellow elevator pitch example. In fact, this pitch deck had only 10 . However, he is perhaps best known for having been the subject of one of the governments most high-profile insider trading investigations. 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. Along with Point72s Cohen wholl supply a substantial minority investment and will be joined by former New York Knicks head coach David Fizdale the other principal investment will comes from former Microsoft CMO Mathews-Spradlin and Grubhubs Maloney.