Contact Information. 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. In July 2013, Preet Bharara, then the U.S. Attorney for the Southern District of New York, announced criminal charges against SAC for which it eventually pleaded guilty, saying the firm had become a veritable magnet for market cheaters., We take responsibility for the handful of men who pleaded guilty, SAC said in a statement at the time. 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. Why It Worked. 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. Design. Awards. 10. 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. There are plenty of people who are still quite happy working their way through the talent agency system. After his windfall, Micelli had offers from agencies: But I just kept coming back to, Why work for anybody again? Leaving CAA felt much like a divorce, Micelli tells me. The Wide Shot brings you news, analysis and insights on everything from streaming wars to production and what it all means for the future. Focus on positive reviews or attention related to your product. Range Media Partners provides artists, directors, writers, professional athletes, and others with management and representation services. The streaming wars were supposed to make watching your favorite shows easierbut recent moves at Netflix, Paramount+, and Discovery+ indicate things are only going to get worse before they get better. Surge Ventures. Slide 1: Overview of Brand Partnership Company. 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. Wayfair Pitch Deck. 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. But in 2017, during the agencys annual retreat at a resort near San Diego, Micelli realized it was time to quit. 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 TVs top-rated drama may wrap as cocreator Taylor Sheridan pursues yet another franchise extensionthis one starring Matthew McConaughey. 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. 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 founders are taking financial hits on making the move, but it could pay off in the long run. We found out that there are 101,680 online retailers who fit this profile so the total estimated obtainable market size is $750 million. Operating Status Active. 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 20-page pitch deck to investors reviewed by The Times, the fledgling agency, initially dubbed Moxie Media, heralded itself as the next revolution in media., Proclaiming further that the equity value in the major agencies is in free fall, the pitch went on to declare that there has never been a better time to recruit high end representatives away from their current incumbent. With the old guard holding on to power, younger talent reps are shaking up the industry by changing lanes. Hundreds of thousands of developers . Find top employees, contact details and business statistics at RocketReach. But the rise of streaming, the decline of cable, and the erosion of the theatrical business have cut into those fat paychecks. Dropbox Pitch Deck. Famous sales pitch decks to inspire your pitch. Categories. A pitch deck is usually a 10-20 slide presentation deck designed to give a short summary of your company, your business plan and your startup vision. 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. Newest. These startup pitch deck examples wouldn't cut it in 2023 and we'll tell you why. In the event you are very early stage or your growth is not that interesting I would avoid including it. 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. Deadline is a part of Penske Media Corporation. Deadline is a part of Penske Media Corporation. The range hires surprised the industry. Legal Name Range Media Partners. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Send us a tip using our annonymous form. Long heralded as the most successful trader of his generation, the venture appears to be his first major entertainment investment. It's where you have to convince them that your services can benefit their company. The almighty startup pitch deck that helped Buffer to raise half a million dollars gained popularity by becoming one of the first pitch decks openly shared online. Its their agency. The management world was shaken up, as well as the agencies. 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. mechanicsburg accident yesterday; lee chamberlin cause of death; why do geordies call cigarettes tabs; tui management style; duggar couples ranked. 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. 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. Also, Wetzel is bringing Michael Shannon as part of his stable. (crickets) Yep - not as easy as it sounds. 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. 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. Word of Cohens involvement in the new management venture drew surprise in liberal Hollywood, particularly in light of Cohens support for Donald Trump. I fell in love with Pete very quickly, says Rich Cook, whod run the motion picture literary department at WME. Buffer is a social media scheduling platform that helps you schedule content for Facebook, Twitter, LinkedIn, and Pinterest. 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. We saw an opportunity to jump-start a company with a client list that would rival even the most powerful management company pretty quickly.. Walmart - Flipkart Pitch Deck. Strategy #4: Use Your Brand Story to Create Hype. 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 . Instead, one managers success with a client resonates to others in the firm via a shared pool of commissions. The pandemic has forced the shutdown of TV and film productions while live shows have been canceled or postponed. Its healthy for everybody when things shake up a little bit, he says. 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. So, I would have followed him anywhere. 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. (His family is residing in Lake Tahoe for the duration. A 20-page deck on the companys plans was leaked, widely, under the heading Moxie Media. To give you an idea, accelerator programs like Y Combiner expect at least 15% month over . Unlike other management firms, who, like the agencies, handled a massive list of clients, Range would prioritize top, exclusive talent. 907 followers . 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Because of the secrecy, chatter in Hollywood circles has focused on a potential management war for clients as well as Cohens past legal troubles. One thing we were seeing was that you have a lot more direct-to-consumer capabilities through digital and online. Tell a story of how your startup has solved a problem for your customer so that your investors will have a better understanding of how your product or service works and helps people in the real world. At Range however, partners have equity stakes and discretionary bonuses are eliminated as theyre often a bone of contention. 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. Build for 2030. Step 1. 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 . But the new generation soon realized that coronation day was further off than they expected. 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.. He also presented the structure of the perfect pitch deck: Title Slide The new firm was bankrolled by hedge-fund billionaire and future New York Mets owner Steve Cohen, via his early-stage capital firm Point72. From Chris Rock to the SAG Awards. She also writes about podcasting services, digital media and talent agencies. He became known as a trophy hunter, applying his trading acumen to that of collecting, often rocking the art market in the process. Los Angeles Times on Twitter: "In a 20-page pitch deck to investors . In July, CAA said it was laying off 90 agents and furloughing 275 staffers. Were not acting as agents at all, he says. TikTok's pitch deck is a massive 39-slide presentation covering all aspects of the company and its platform. The 42 Best Romantic Comedies of All Time, The 25 Best Shows on Netflix to Watch Right Now, Jay Penske's Media Takeover Takes its Next Step With a Major Investment in Vox Media. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. 3. The firm announced Wednesday that it wil (I read it the second I see it pop up, says Richard Plepler.) A pitch deck is a presentation that gives your audience an overview of your business plan. As one former agent puts it, Before, the agents were the most powerful. So Range has built the most comprehensive understanding of their clients fan base, from what they stream to their credit card purchases. Stay away from negative press unless you can show you've changed those negative opinions. The company offers in-house production, brand development, and representation services, enabling artists to get the opportunities they seek. All of the principals will be given an unspecified ownership stake. 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 press section of your startup pitch deck is a great opportunity to show off any buzz and get your investors excited about your business. We dont necessarily feel its competitive., I just kept coming back to, WHY WORK for anybody again? 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. Range Media Partners Entertainment Providers Beverly Hills, California 4,403 followers Empowering exceptional talent into unlocking their full global value in all business areas. 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. Cannabis. It focused on describing . Related Categories: Partnership | Business Partnership Proposal | Strategic Partnership | Business Proposal. 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. 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. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. 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? Choose from any of our free pitch deck templates and confidently present your product or service to investors, partners, or potential clients. This approach can help investors understand the general range of the projections, and can appeal to conservative and optimistic investors alike. Something inside me told me this was the last retreat I was going to be on, he says. One Tuesday afternoon in November, Ranges Santa Monica headquarters hums with an energy thats rare for most postpandemic offices. But who will the next generation be if younger agents keep changing lanes, though? Talent agencies are under growing pressure to raise capital to finance growth at time of rapid changes in the media industry. 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. There is a great article about their fundraising journey and how they pivoted from an accelerator model to a VC here: Wherever there are thrones, there are games. 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. Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. The money hit the account on August 4, 2020, before anybody had even agreed to join Range. 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. 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. This can range from revealing your pricing tiers, to announcing a sexy partnership with a big player in your market. Now you've learnt why your agency needs to pull together a pitch deck, you're probably wondering what this presentation needs to include. . One agent looked at THEIR BOSSES and thought, Oh, you guys are never going to leave. 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. Until now, Point72 has maintained four areas of focus: artificial intelligence, financial services, enterprise technology and healthcare. Effective startup elevator pitch examples. - Crafted potential client pitch decks for agents to present in talent meetings Lovett began reminding staff that 60 was the new 40, according to two sources. BuzzFeed. 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. Cohen converted SAC Capital to Point72 Asset Management, a vehicle to invest his own wealth. Agents wear nice suits and drive fancy cars, but its not all its cracked up to be, says a source. The unanswered question in the announcement today is what clients the new company will start with, and whether those who already have managers will be open to splitting commissions with other managers, or leave their existing agencies. 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). Impress your audience by adding images that help communicate the content in your pitch deck. Balance the storytelling element of your presentation with . 50m fund, focus on seed investments in energy. 1 of 21. Strategy #2: Make It All About the Customer. You might have pitched investors and raised funding, but a sales pitch is a completely different art, not to mention pitching to potential partners! 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. As described in the pitch, Unlocking the power of content creation to turn celebrities into curators. There's thousands of high-quality images in . Connect. The writer we pitched ended up connecting us with a reporter at CNBC. The next generation of agents will have that also.. . However, he is perhaps best known for having been the subject of one of the governments most high-profile insider trading investigations. 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. Last Funding Type Corporate Round. The Airbnb pitch deck is a legend among presentation designers. Or, businesses may choose to make their press kits available as static, downloadable resources, like a presentation deck . Table of Contents. All Rights Reserved. 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. Investors: Bossanova Investimentos, Tiger Global Management, 8VC, and more. The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. Two former agents from UTA and WME, Ben Jacobson and David Stone, recently launched the Framework Collective to manage TV writers. Guy Kawasaki's Pitch Deck Template. (Docusend reports that readers spend an average of just 2 minutes and 45 seconds reading a pitch deck!) 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.. We were just thinking about what was needed.. Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. 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, the talent representation company launched by an army of former top agents last year, is jumping into the world of betting and gaming. Here's your step-by-step guide. Alto Pitch Deck. We want to take a deep, personal approach to our clients work while continuing to deliver great results. To make things even better, their charts use different colors for each statistic. Even one person crossing the line into illegal behavior is too many and we greatly regret this conduct occurred.. Now, Cohens name has been thrust into the Hollywood limelight. The agencies, with their recently diversified businesses, seem well insulated. ), Sign up for THR news straight to your inbox every day. 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. Pitch Deck - Template Dashboard is a multipurpose Powerpoint template perfect for your business or personal use. To keep up with the changing landscape, the agencies have chased growth. The company also plans to generate revenue by offering in-house production services. The founding of the firm was a secret affair that began in March and caught most unawares. [Read more: 3 Easy Steps to Research Your Startup Business Idea] Outline the problem you're trying to . Rushfields sharp-tongued missives have earned him a bold-faced subscriber list. Its a hard change. 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. 2023 Deadline Hollywood, LLC. Marketing. The timing certainly checked out. Insiders paint a different picture, with sources saying the company is being collaborative and following a non-poaching rule. 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. 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. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. That takes strategy.. Download Our Free Guide: The Perfect Pitch Deck. How Richard Rushfields The Ankler Took on Hollywood. People are also insisting, as they seem to do every few years, that the movie star is dead, which means fewer new clients. One of the best storytelling methods for funding pitches is to use customer examples. Proptech. 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. Classic Airbnb pitch deck. But what happens when theyre gone? Shift Pitch Deck. Are you tasked with using content to market a "boring" industry, and feeling envious of those who get to promote "fun" industries? However, rather than fight the new normal, Range Medias philosophy is to embrace it. By subscribing, I agree to the Terms of Use and Privacy Policy. 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. And thats assuming that talent even want an agent. Last year, Emanuel tapped Richard Weitz and Christian Muirhead to co-run WME. With its reported $100 million investment, PMC is now the largest shareholder of Vox Media. Less than two weeks after SACs settlement with the SEC, Cohen bought Picassos Le Reve for $155 million from Steve Wynn. Give yourself a boost and start using this template to bring your ideas to your customers/partners. Revolut Pitch Deck. Range Media is also reportedly cash-flow positive over the last five months. Your pitch deck boils down to the essential elements of your business plan. 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. 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. Log in Ad Choices. 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. Cohen was never charged. 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. 2. Some industry heavyweightsJennifer Lawrence and Leonardo DiCaprio among themhave done without them for years. Press slide. 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. We want Range to be a place where partners, artists and clients can come and say, You know what? On that late summer day of departures, also following Micelli and Whigham were CAAs Mick Sullivan, Dave Bugliari, Michael Cooper, CAA Global Brand Groups Sandra Kang, CAA Foundations Rachel Kropa, WME lit agent Cook; UTA TV agents Mackenzie Roussos, Susie Fox, and Chelsea McKinnies; New York-based manager Byron Wetzel; founder/president of LA-based music management company BRND MGMT Matt Graham; and digital and brand strategy vet Natalie Bruss.