Paul Sawers. Perhaps it is the launch of a disruptive new representation venture in the midst of a coronavirus pandemic which since March has brought major agency and management company revenues to a trickle and sparked layoffs and furloughs to go along with a long stalemate with the WGA. Forget that the last three years even happened, and its still arguably harder to be an agent right now than at any other time. But can Rushfield and coconspirator Janice Min scale his scrappy newsletter into a big business? One of the most common mistakes founders make in their startup . 50+ Pitch Deck Designs, Format, Examples 2023 - Template.net 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. 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. Modern pitch deck example. Were not acting as agents at all, he says. Yearly revenue, etc. She also writes about podcasting services, digital media and talent agencies. 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 pandemic has forced the shutdown of TV and film productions while live shows have been canceled or postponed. 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. Best Pitch Deck Examples to Help Build Your Pitch Deck in 2023 I was like, Fuck no, its not, says one of them, who recalls thinking, Oh, you guys are never going to leave. March 27, 2022. Statement yellow elevator pitch example. Until now, Point72 has maintained four areas of focus: artificial intelligence, financial services, enterprise technology and healthcare. 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. Build for 2030. What is a Media Kit and How to Make One - HubSpot . In the early 2010s, the leaders of Hollywoods most powerful talent agency, CAA, began telling senior agents that the kingdom would someday be theirs. With its reported $100 million investment, PMC is now the largest shareholder of Vox Media. 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." . Wherever there are thrones, there are games. 10. 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. ), Sign up for THR news straight to your inbox every day. Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. When talked about the best SaaS pitch decks, Buffer hands down takes the top position. 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. We still continue to grow, and we still continue to thrive, and we continue to work really well with managers. Traditional power structures are shifting because what clients want is shifting. Some agents were clearly part of Americas Great Resignation: Facing layoffs and pay cuts because of the pandemicand suddenly stripped of the power lunches and premieresthey simply reconsidered their careers. Managing partners took sizable pay cuts to leave their agent gigs, but none of the people I speak with express regret. With this animated .pptx template presentation you will be able to make a dynamic presentation that will captivate your audience. Its their vision. And thats assuming that talent even want an agent. No one denies that the guys atop CAA, WME, and UTA are powerful. How to Create a Pitch Deck That Will Set Your Company Apart - U.S. Chamber We have never seen more high-end representatives ready to leave these institutions.. The VC 'strip off' - 5 VCs unveil their fundraising decks Walmart - Flipkart Pitch Deck. Yeah, we remember that Sunday well, says Jack Whigham, who left CAA for the new opportunity. How to create a social media marketing pitch deck. 22 Pitch Decks from Notable Social Media Startups - Failory 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. SEOmoz Pitch Deck. A 20-page deck on the company's plans was leaked, widely, under the heading Moxie Media. 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 . range media partners pitch deck. 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. Also known as a slide deck or start-up deck, it should cover the key points of your business plan, the products and services you provide, high-level financial projections, and funding needs. You can use a pitch deck when meeting with potential investors, customers and business partners. Design. Range Media Partners provides artists, directors, writers, professional athletes, and others with management and representation services. List of Top 25 Companies Pitch Deck - StartupTalky Billionaire hedge fund manager Steven A. Cohen is known for owning one of the best private art collections in the world and for his many multimillion-dollar homes. 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. Revolut Pitch Deck. Here are some of the pitch decks that six startups which raised funding from a range of investors used. Get our latest storiesin the feed of your favorite networks. Something inside me told me this was the last retreat I was going to be on, he says. One such investment is with A+E Networks, which recently took a high-teens stake in the firm for $50M. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Even one person crossing the line into illegal behavior is too many and we greatly regret this conduct occurred.. 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. Range also collaborated on digital marketing strategies for her hair care line Flawless. All Rights Reserved. Core values. Keys to an Effective Pitch Deck. All rights reserved. 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. In fact, this pitch deck had only 10 . 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. The rep business was also in flux, with the WGA bent on eradicating the packages and affiliated productions that had increasingly fueled agency coffers. Year after year he maintained double-digit returns. The results: Their pitch deck helped them raise $321.5M in funding and estimated annual revenue of $79.2M. 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. 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. Buzzfeed Pitch Deck Example. In 1992 Cohen decamped to launch his own hedge fund, SAC Capital Advisors, in Stamford, Conn., with $25 million of his own money, according to Bloomberg. For his part, Micelli says hes focusing on growing Range into something he can pass on to the next generation. Now there might be a splitting of the power. This still doesnt faze the old guard. I needed a new energy. At Entertainment One, he got a crash course in running (and selling) a company. Range Media Partners Assesses Progress After Dealmakers Took Leap 2 Pitch Deck - Template Dashboard is a multipurpose Powerpoint template perfect for your business or personal use. Deadline is a part of Penske Media Corporation. As one former agent puts it, Before, the agents were the most powerful. I fell in love with Pete very quickly, says Rich Cook, whod run the motion picture literary department at WME. 12 Startup Pitch Deck Examples [PlusTemplate] - hubspot.com 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. 20 minutes is the longest time you should talk. Why Netflix is dabbling in livestreaming, Desperate mountain residents trapped by snow beg for help; We are coming, sheriff says, Newsom, IRS give Californians until October to file tax returns, 15 arrested across L.A. County in crackdown on fraudulent benefit cards, Column: A transgender patients lawsuit against Kaiser is a front for the conservative war on LGBTQ rights, After a rough 2019, Hollywoods talent agencies brace for more uncertainty, range of blows buffeting the talent business, How strong is Dominions defamation case against Fox News? An agency pitch deck is a presentation used to explain what your social media agency offers to new potential clients. (His family is residing in Lake Tahoe for the duration. Range Media also represents a shift for Cohen, whose net worth Bloomberg estimates is $10.1 billion. Signup for Breaking News Alerts & Newsletters. All Rights Reserved. Shift Pitch Deck. SEOmoz Pitch Deck makes excellent use of charts and graphs to illustrate data. By initiative. 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. (I read it the second I see it pop up, says Richard Plepler.) U.K.-based Amadeus Capital Partners and Austria's Apex . Top 50 Pitch Decks for Company Funding | Eqvista 35 Best Pitch Decks From Real-Life Startups [With Templates] - Visme Blog 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. Seven years later Cohen was running his own division at Gruntal. In July, CAA said it was laying off 90 agents and furloughing 275 staffers. You may occasionally receive promotional content from the Los Angeles Times. range media partners pitch deck - newventureltd.com 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. 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. Range Media Partners is an Entertainment company located in US with 126 employees. 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. Mint. 907 followers . 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 range hires surprised the industry. 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. Here's your step-by-step guide. Ranges Head of Digital Management Kai Gayoso, a former Facebook vet, who oversees the firms influencer division, worked directly with M. Night Shyamalan on reorganizing the marketing around Servant and last summers Universal thriller Old. Range also signed Flight Attendant EPs Meredith Lavender and Marcie Ulin, and is working on a visual branding that jibes with their stories. The timing certainly checked out. 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. Pitch deck. 9 Tips for Starting a Successful Brand Partnership (Pitch Deck Included By saying were going to do something more intimate and boutique with less clients, were going to spend more time on the things that are either not on the menu or hard to achieve because they do take a lot of time. During a pitch, you need to have a pitch deck as your visual aid. Doesn't Anybody Want to Be an Agent Anymore? | Vanity Fair Pitch Decks That Advertising Tech Startups Used to Raise Millions Los Angeles Times on Twitter: "In a 20-page pitch deck to investors . Last year, Emanuel tapped Richard Weitz and Christian Muirhead to co-run WME. Insiders paint a different picture, with sources saying the company is being collaborative and following a non-poaching rule. In 2013 Cohens once-powerful firm, SAC Capital Advisors, pleaded guilty to a criminal indictment and paid a record $1.8-billion settlement. Range Media Partners - Crunchbase Company Profile & Funding Below you find a list of media pitch decks from industry-leading startups and companies that have changed the game. Strategy #3: Show What Your Product or Service Can Do. Research Lead, Dropbox DocSend. How To Create A Pitch Deck - Forbes This can range from revealing your pricing tiers, to announcing a sexy partnership with a big player in your market. mcdonalds garfield mugs worth In April 2019, the writers union instructed its members to fire their agents who did not sign a deal with the WGA to end the longstanding practice of packaging fees, further eroding a revenue stream for agencies. Julian has created over 400+ articles about a wide range of topics e.g., math, biology, chemistry, history . 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. Deadline called the news a bombshell. An insider told The Hollywood Reporter that such an exodus was unheard of. During the battle with the WGA, CAAs Lourd argued in a legal declaration that the ongoing dispute had made agency clientslike Lindelof, who signed with Rangeripe for poaching. Theresa Kang-Lowe, formerly a powerful WME agent, now manages Alfonso Cuarn, Lena Waithe, and others while producing television like the Apple TV+ epic Pachinko. A pitch deck is usually a 10-20 slide presentation deck designed to give a short summary of your company, your business plan and your startup vision. Range Media Partners | LinkedIn 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. Less than two weeks after SACs settlement with the SEC, Cohen bought Picassos Le Reve for $155 million from Steve Wynn. Justin Izzo. . It's one of the most perfectly designed pitch decks ever made. 20+ Free Pitch Deck Templates [Fully-Customizable] | Pitch Corinne McCarthy, SEO & Online PR Specialist @ Web Talent Marketing. . 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. Based on this experience, I'll share what I've learned about creating a . 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. 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. Tech. We were just thinking about what was needed.. Slide 1: Overview of Brand Partnership Company. Phil Sun left WME and brought Michael B. Jordan and Donald Glover to a new management firm, M88, focused on a diverse clientele. Long heralded as the most successful trader of his generation, the venture appears to be his first major entertainment investment. Proptech. 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 founders are taking financial hits on making the move, but it could pay off in the long run. 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. That takes strategy.. One of the primary documents essential to any early-stage company fundraising process is a pitch deck. In 2018, berconnected talent rep Michael Kives headed out on his own. Hollywood loves a comeback story, as long as you ask for redemption, and I dont know if that is Mr. Cohens style. 11 Pitch Deck Examples from Incredibly Successful Companies Choose from any of our free pitch deck templates and confidently present your product or service to investors, partners, or potential clients. Square pitch deck from pitchenvy. 6 AI Startups and the Pitch Decks They Used to Raise Funding In fact, director Luca Guadagninowho followed founding partner and former WME partner Rich Cook to Rangewas so all in that he designed the companys new headquarters at Bergamot Station in Santa Monica. At Range, shes producing a film that Ilana Glazer cowrote about an unplanned pregnancy. 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. Download Our Free Guide: The Perfect Pitch Deck. Phone Number +1-424-403-1500. We found out that there are 101,680 online retailers who fit this profile so the total estimated obtainable market size is $750 million. With this animated .pptx template presentation you will be able to make a dynamic presentation that will captivate your audience. After Agency Exodus, Top Reps Unveil New Firm Range Media Partners At six foot seven with a broad frame, Micelli, the Range CEO, is hard to miss when he enters a room. 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 . This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. The Best Pitch Deck Templates for 2022 - Paid and Free - Master Bundles Shyamalans projects are being supported with music and soundtrack needs through Ranges in-house label. In your startup pitch deck, you need to get the team slide right Great! The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. Discover communities . Thats something that I didnt have time for at my previous job.. There are plenty of people who are still quite happy working their way through the talent agency system. 2023 Deadline Hollywood, LLC. Your pitch deck should stand on its own as a . 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 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. 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). We believe that bringing a really sophisticated point of view and capability on the data analytics informs opportunities and strategies immensely because Hollywood traditionally has been a little bit gut instinct, Whigham says.
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