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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. Best Pitch Deck Examples to Help Build Your Pitch Deck in 2023 The management world was shaken up, as well as the agencies. 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.. You may occasionally receive promotional content from the Los Angeles Times. (His family is residing in Lake Tahoe for the duration. Everyone starting with Range Media, including assistants (which in this companys culture are called associates), will have equity in the company. Pitch Deck - Presentation Dashboard - Creative Market |. Some sources say a new breed of managerspeople whove been agents and understand dealmakingwill challenge them for primacy. Stacy Perman is a Company Town reporter working on investigations and enterprise stories covering the entertainment industry for the Los Angeles Times. 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. 20 minutes is the longest time you should talk. Social Network Pitch Deck - How To Instructions - BaseTemplates Microsoft Inspire. How to Create a Winning Series A Pitch Deck | Embroker 1 of 21. 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. 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. The defections, sparked by factors beyond succession in some cases, started with a trickle. This can range from revealing your pricing tiers, to announcing a sexy partnership with a big player in your market. Great! The Los Angeles Art World Is Having Its Gilded Age Moment. The rep business was also in flux, with the WGA bent on eradicating the packages and affiliated productions that had increasingly fueled agency coffers. 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. Inclusive economy. 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 Media also represents a shift for Cohen, whose net worth Bloomberg estimates is $10.1 billion. We want Range to be a place where partners, artists and clients can come and say, You know what? One thing we were seeing was that you have a lot more direct-to-consumer capabilities through digital and online. Hundreds of thousands of developers . 23 Best Startup Pitch Deck Examples: Famous in Tech (2022) Create a trendy business pitch deck and more with this Company Media Kit Partnership Pitch Deck Template. 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. 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. Pitch decks are used by startups to convince investors to invest in their product. Keep it snappy. 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. Send us a tip using our annonymous form. 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. Build for 2030. Still, both agents and managers are bracing for what will almost certainly be a rocky year. 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? 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. Talent agencies are under growing pressure to raise capital to finance growth at time of rapid changes in the media industry. A Great Sales Deck can Make or Break a Deal. We saw an opportunity to jump-start a company with a client list that would rival even the most powerful management company pretty quickly.. Pairing Cohen with the other two backers seems to give Range Media Partners plenty of hedge fund and tech money to launch properly. Key Takeaway: The best pitch deck examples use clean, uncluttered slides with plenty of white space. 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. you can offer. Pitch Deck - Presentation Dashboard #266713 - TemplateMonster What was standing out in Moz's pitch deck was, as the company was already in business when the pitch was made, they could easily present the exact revenue rates, prices, average customer lifetime value, estimated revenue, cost of paid acquisition, etc.. Connect. Phone Number +1-424-403-1500. The money hit the account on August 4, 2020, before anybody had even agreed to join Range. Rushfields sharp-tongued missives have earned him a bold-faced subscriber list. 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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. Categories. The collapse of the syndication market in television has slashed back-end profits, a lucrative source of income. So CAAs leaders-in-waiting asked themselves if they wanted to stick around another decade or two to inherit the agency, at which point some of them would be pushing the new 40. 2023 The Hollywood Reporter, LLC. 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. 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. Some agents at a certain point either get managed out or they get burnt outand some become managers, says UTA CEO and cofounder Jeremy Zimmer. Now you've learnt why your agency needs to pull together a pitch deck, you're probably wondering what this presentation needs to include. Contact Information. 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. Cannabis. He also presented the structure of the perfect pitch deck: Title Slide This is the moment where your audience needs to be saying "shut up and take . 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 Wall Street Journal dubbed him the hedge fund king. Cohen was known for assiduously following the market, placing high volume bets on small fluctuations in stock prices. The range hires surprised the industry. Ad Choices. Los Angeles Times on Twitter: "In a 20-page pitch deck to investors Year after year he maintained double-digit returns. Now, Cohens name has been thrust into the Hollywood limelight. Nylas is all about efficiency. 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. March 27, 2022. And the agencies have been working on succession plans. 2. With its reported $100 million investment, PMC is now the largest shareholder of Vox Media. 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. Get our latest storiesin the feed of your favorite networks. 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. Cohen described as leading investor with a substantial minority investment will be joined by former New York Knicks Coach David Fizdale, former Microsoft CMO Mich Mathews-Spradlin, and Grubhub founder and CEO Matt Maloney, according to a statement from Range. Finally, rumors ran around that the partners were lured away from the major agencies by 7-figure paychecks. Many businesses at present use a pitch deck as their way of presenting a quick overview of a plan for investors. . range media partners pitch deck. And it's the pitch deck that made Airbnb into the $385-billion startup that it is today. 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. Media Pitch Deck Examples. 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. People are also insisting, as they seem to do every few years, that the movie star is dead, which means fewer new clients. At Range, shes producing a film that Ilana Glazer cowrote about an unplanned pregnancy. Revolut Pitch Deck. 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. Range Media Partners Assesses Progress After Dealmakers Took Leap 2 Subscribe for full access to The Hollywood Reporter. Focus on positive reviews or attention related to your product. In short, it "makes software work better.". It's where you have to convince them that your services can benefit their company. 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. That is your direct sales pitch straight to the potential customer. Range Media Partners Launches Sports Division, Sets Will Funk As - MSN Range Media Partners General Information. Paul Sawers. All. But who will the next generation be if younger agents keep changing lanes, though? Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Managers typically have a smaller roster for whom they provide career guidance. Sports. 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. Legal experts weigh in, ChatGPT who? These wrongdoers do not represent the 3,000 honest men and women who have worked at the firm during the past 21 years. 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. (crickets) Yep - not as easy as it sounds. It's one of the most perfectly designed pitch decks ever made. 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. One of the best storytelling methods for funding pitches is to use customer examples. We all have the same promise to each other, which is like, lets go take a shot and build something.. In 2018, berconnected talent rep Michael Kives headed out on his own. In fact, this pitch deck had only 10 . Here are some of the pitch decks that six startups which raised funding from a range of investors used. Pitching to sponsors: A 10-point guide for event organizers Range Media Partners Company Profile: Valuation & Investors | PitchBook Are you tasked with using content to market a "boring" industry, and feeling envious of those who get to promote "fun" industries? However, he is perhaps best known for having been the subject of one of the governments most high-profile insider trading investigations. 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. One of the most common mistakes founders make in their startup . By subscribing, I agree to the Terms of Use and Privacy Policy. Range Media Partners to Launch iGaming Venture For Star Clients How Richard Rushfields The Ankler Took on Hollywood. Below you find a list of media pitch decks from industry-leading startups and companies that have changed the game. Unlike other management firms, who, like the agencies, handled a massive list of clients, Range would prioritize top, exclusive talent. 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. 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. Experts' Corner: Pitch Deck Tips for Fundraising Success 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. When talked about the best SaaS pitch decks, Buffer hands down takes the top position. During a pitch, you need to have a pitch deck as your visual aid. Ready to create an effective social media marketing pitch deck? 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. Agents often represent dozens of people in a specific area of the business (think film roles but not television ones, or brand deals but not public speaking engagements) and focus on landing their clients new work. In the last couple of years, Micelli has grown Range to over 160 employees and more than 500 clients, including recent signees M. Night Shyamalan, Busy Philipps, Shailene Woodley, and Mariah Carey. 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. 2. Discover communities . 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. Log in In the early 2010s, the leaders of Hollywoods most powerful talent agency, CAA, began telling senior agents that the kingdom would someday be theirs. At six foot seven with a broad frame, Micelli, the Range CEO, is hard to miss when he enters a room. The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. The pitch deck goes into detail about what your services include and the benefits that you believe (or know!)

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