Range Media Partners to Launch iGaming Venture For Star Clients 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. Wayfair Pitch Deck. At the agencies, theres a huge divide in the millions of dollars earned by the executives who run the firms and the crackerjack agents pulling in commissions and relying on bosses to set bonuses that rise and fall with the health of the agency. Research Lead, Dropbox DocSend. It should contain slides outlining the features and offers of your media services company. Another la carte consultation from Range is in the realm of music. 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. The Quick and Dirty Guide to Creating a Winning Pitch Deck 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. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. Contact Information. Pitch Deck - Presentation Dashboard - Creative Market From Seed to Series C: 19 Startup Pitch Deck Examples - Cirrus Insight Everyone starting with Range Media, including assistants (which in this companys culture are called associates), will have equity in the company. Range Media Partners Entertainment Providers Beverly Hills, California 4,403 followers Empowering exceptional talent into unlocking their full global value in all business areas. Range Media Partners | LinkedIn You become their partner versus just a rep, says an agent turned manager. Log in 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. Here is a media pitch example that earned a placement on CNBC's website (cnbc.com) for a client of Web Talent Marketing. One of the primary documents essential to any early-stage company fundraising process is 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.. He also presented the structure of the perfect pitch deck: Title Slide 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. 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. The firm announced Wednesday that it wil The agencies, with their recently diversified businesses, seem well insulated. Buffer. Press slide. 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. Strategy #3: Show What Your Product or Service Can Do. They're a must-have element and without one, it's difficult to get funded. 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. 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 . To give you an idea, accelerator programs like Y Combiner expect at least 15% month over . It reflects how big these agencies and management enterprises have become and also reflects the perception of private equity that there is value to be had beyond the classic commissions that agents and managers have been receiving for over a century.. Impress your audience by adding images that help communicate the content in your pitch deck. This will in turn create massive opportunities to drive direct to consumer businesses in a post Covid-19 world.. Media Pitch Deck Examples A pitch deck is a presentation that gives your audience an overview of your business plan. 35 Best Pitch Decks From Real-Life Startups [With Templates] - Visme Blog How to Create a Pitch Deck That Will Set Your Company Apart - U.S. Chamber Pitch Decks That Advertising Tech Startups Used to Raise Millions 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. Its healthy for everybody when things shake up a little bit, he says. 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's thousands of high-quality images in . By subscribing, I agree to the Terms of Use and Privacy Policy. Legal experts weigh in, ChatGPT who? The more we are able to sit down with clients and unearth other dreams, the more the promise of our company really comes to fruition.. 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. 20 minutes is the longest time you should talk. 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. This begged the question for Range Media Partners about what they might be able to exploit. 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. 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. Agency Pitch Deck | Download a Free Pitch Deck | Agorapulse Its their vision. Sometimes you inherit a kingdom, sometimes you build one. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. I fell in love with Pete very quickly, says Rich Cook, whod run the motion picture literary department at WME. CAA ostracized Ovitz, hurting AMGs ability to package series and movies. New York-based manager Byron Wetzel also joined last week. 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. Pitching is the first step in onboarding new clients into your media company. 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. Training. 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. Legal Name Range Media Partners. Year after year he maintained double-digit returns. Modern pitch deck example. Andrew Nallathambi - Coordinator, Film & TV - Range Media Partners The launch comes amid a wide range of blows buffeting the talent business. In the early 2010s, the leaders of Hollywoods most powerful talent agency, CAA, began telling senior agents that the kingdom would someday be theirs. 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 . Your pitch deck boils down to the essential elements of your business plan. Effective startup elevator pitch examples. Awards. 10 Proven B2B Sales Pitch Examples to Inspire Your Own - Drip Nylas is all about efficiency. Stacy Perman is a Company Town reporter working on investigations and enterprise stories covering the entertainment industry for the Los Angeles Times. How to Create a Winning Series A Pitch Deck | Embroker 10. 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. The Art of the Fundraising Pitch Deck | Toptal 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. From Chris Rock to the SAG Awards. Now there might be a splitting of the power. This still doesnt faze the old guard. We have the utmost gratitude to those that have nurtured and supported our work for years, and we look forward to our continued collaboration. And if talent are forced to make hard choices, are they more likely to dump their agents or their managers first? In a pitch deck that leaked to the press, the companylater named Range Media Partnerstrumpeted, We have never seen more high-end representatives ready to leave these institutions., All the major agencies have suffered a steady stream of exits over the last three years amid what a former agent tells me is a generational shift. At WME, a number of high-powered agents of color walked out the door, while UTA said goodbye to several leaders in digital and new media. 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. Blog 50+ Pitch Deck Designs, Format, Examples 2023. We saw an opportunity to jump-start a company with a client list that would rival even the most powerful management company pretty quickly.. 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. 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. Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. In the event you are very early stage or your growth is not that interesting I would avoid including it. Form And Sustain A Business Partnership Agenda For Form And Sustain Ppt File Deck PDF. I had an incredible business there and left at the height of my career. 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. ICM and UTA recently signed agreements with the union, but the other big agencies WME and CAA have not. In 2013 Cohens once-powerful firm, SAC Capital Advisors, pleaded guilty to a criminal indictment and paid a record $1.8-billion settlement. Until now, Point72 has maintained four areas of focus: artificial intelligence, financial services, enterprise technology and healthcare. But can Rushfield and coconspirator Janice Min scale his scrappy newsletter into a big business? What is a Pitch Deck Presentation? Includes Templates and - Slidebean All. And it's the pitch deck that made Airbnb into the $385-billion startup that it is today. Keys to an Effective Pitch Deck. 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. 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. Based on this experience, I'll share what I've learned about creating a . You may occasionally receive promotional content from the Los Angeles Times. Page. However, rather than fight the new normal, Range Medias philosophy is to embrace it. Julian has created over 400+ articles about a wide range of topics e.g., math, biology, chemistry, history . Shift Pitch Deck. Range Media Partners - Crunchbase Company Profile & Funding 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. Yearly revenue, etc. All rights reserved. Marketing. Startups. With its reported $100 million investment, PMC is now the largest shareholder of Vox Media. The industry is already reeling as the streaming services that were supposed to save the business have been hemorrhaging money. Finally, rumors ran around that the partners were lured away from the major agencies by 7-figure paychecks. (Docusend reports that readers spend an average of just 2 minutes and 45 seconds reading a pitch deck!) 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. Proptech. 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.. 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. ), Sign up for THR news straight to your inbox every day. The terms pitch deck, investor pitch deck and business plan presentation are used synonymously. Some sources say a new breed of managerspeople whove been agents and understand dealmakingwill challenge them for primacy. 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. 3. Long heralded as the most successful trader of his generation, the venture appears to be his first major entertainment investment. We want to take a deep, personal approach to our clients work while continuing to deliver great results. Give yourself a boost and start using this template to bring your ideas to your customers/partners. But the rise of streaming, the decline of cable, and the erosion of the theatrical business have cut into those fat paychecks. One of the best storytelling methods for funding pitches is to use customer examples. Our Favorites. Another area distinguishing Range is its use of data analytics in negotiating for clients and informing their decisions. Range also signed Flight Attendant EPs Meredith Lavender and Marcie Ulin, and is working on a visual branding that jibes with their stories. It was just me and our COO, Rob Whittel, and we literally said to each other, What do we do with the money if nobody comes? Then there is the ongoing standoff between agencies and the Writers Guild of America over industry practices. 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. The deal calls for A+E Studios to become a co-production partner for scripted TV projects emerging from Range. Crypto / Web3. 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. 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. Marketing overview - partner.microsoft.com With the old guard holding on to power, younger talent reps are shaking up the industry by changing lanes. Even one person crossing the line into illegal behavior is too many and we greatly regret this conduct occurred.. We found out that there are 101,680 online retailers who fit this profile so the total estimated obtainable market size is $750 million. Paul Sawers. Period. 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. Cohen was never charged. Now throw in a potential recession and a potential writers strike. Dropbox Pitch Deck. Best Pitch Deck Examples & Analysis to Help Build Pitch Decks for 2023. 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. (I read it the second I see it pop up, says Richard Plepler.) But who will the next generation be if younger agents keep changing lanes, though? Pairing Cohen with the other two backers seems to give Range Media Partners plenty of hedge fund and tech money to launch properly. 1. 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. Unlike other management firms, who, like the agencies, handled a massive list of clients, Range would prioritize top, exclusive talent. This approach can help investors understand the general range of the projections, and can appeal to conservative and optimistic investors alike. 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. 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. 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. 2023 Deadline Hollywood, LLC. 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. Dozens of employees lounge on chairs and couches inside the airy building, where not even the partners keep permanent desks. With this animated .pptx template presentation you will be able to make a dynamic presentation that will captivate your audience. In 2020, CAA created a board of top agents to help manage the agency. One agent looked at THEIR BOSSES and thought, Oh, you guys are never going to leave. 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. 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. It focused on describing . Seven years later Cohen was running his own division at Gruntal. Among them, CAA agent Scott Greenberg moved with his lengthy list of filmmakers to work with longtime friend Rick Yorn at LBI (hell co-rep the clients with CAA), Theresa Kang-Lowe left WME to launch her own management company with a multi-year deal at Apple TV + and clients including Alfonso Cuaron, and WME agent Phil Sun joined MACROs Charles King to launch the rep firm M88 and took Michael B. Jordan with him. Less than two weeks after SACs settlement with the SEC, Cohen bought Picassos Le Reve for $155 million from Steve Wynn. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. Buffer pitch deck. Operating Status Active. They will join exiting CAA agents Dave Bugliari, Michael Cooper, Mick Sullivan and Jack Whigham, UTA agents Mackenzie Condon Roussos, Susie Fox, Chelsea McKinnies & Lucinda Moorhead and WME lit agent Rich Cook. U.K.-based Amadeus Capital Partners and Austria's Apex . Because of the secrecy, chatter in Hollywood circles has focused on a potential management war for clients as well as Cohens past legal troubles. Los Angeles Times on Twitter: "In a 20-page pitch deck to investors . 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. 907 followers . 15 Best Pitch Deck Examples That Made Startups (+ Templates) One of the most common mistakes founders make in their startup . 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. 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. A brand pitch deck should be no longer than 10-15 pages. Talent agencies including WME, CAA, UTA and ICM Partners have undertaken severe cost-cutting measures such as layoffs, furloughs, hour reductions or salary cuts. Back in the mid-1980s the SEC investigated him for insider trading in connection with RCA shares bought before General Electric acquired the company. Investors: Bossanova Investimentos, Tiger Global Management, 8VC, and more. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. 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. rangempcom.wpcomstaging.com Strategy #5: Build an Emotional Connection. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Company Type For Profit. Ready to create an effective social media marketing pitch deck? So Range has built the most comprehensive understanding of their clients fan base, from what they stream to their credit card purchases. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Trumps Relationship With Jared and Ivanka. What is a Pitch Deck? Examples, Tips, and Templates - FounderJar Ari Emanuel lets his AI alter ego open Endeavors earnings call, WGA chief negotiator David Young replaced due to illness ahead of key talks with studios, WGA asks members to vote on key demands in bargaining with studios, Hidden, illegal casinos are booming in L.A., with organized crime reaping big profits, Look up: The 32 most spectacular ceilings in Los Angeles, Elliott: Kings use their heads over hearts in trading Jonathan Quick, This fabled orchid breeder loves to chat just not about Trader Joes orchids, Alec Baldwin and Rust producers sued by crew members over fatal shooting, Rupert Murdoch admits he knew Fox News hosts endorsed false election fraud claims, deposition shows, Historic movie lot that gave Studio City its name to get $1-billion makeover, Choose your fighter: Cocaine Bear takes on Ant-Man at the box office. Guy Kawasaki created his 10-20-30 rule for Pitch Deck which means: 10 slides are the optimal number for a presentation. Related Categories: Partnership | Business Partnership Proposal | Strategic Partnership | Business Proposal. 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. All Rights Reserved. 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. Best Pitch Decks: The Companies Who Did It And Their Results And thats assuming that talent even want an agent. 100+ Investor Pitch Deck Examples + Free Pitch Deck Template [2022] Send us a tip using our annonymous form. Slide 1: Overview of Brand Partnership Company. 1 of 21. 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 snapped up a Jackson Pollock painting from David Geffen for $52 million and paid $101 million at auction for Giacomettis 1950 sculpture, The Chariot.. Great! 10 Business Pitch Examples for Your Next Client Meeting - Venngage The money hit the account on August 4, 2020, before anybody had even agreed to join Range. range media partners pitch deck - newventureltd.com In 2004 LinkedIn has raised $10M in funding from Greylock Partners in a Series-B investment round. Range Media Partners Company Profile: Valuation & Investors | PitchBook 40 All-Time Best Digital Marketing Slide Decks - Sujan Patel 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? A Great Sales Deck can Make or Break a Deal. The distinction between agents and managers can seem nebulous, but there are key differences. Remove that 'exit strategy' slide from your pitch deck

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