Sports. 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 The pitch deck also included several quotes from the media that helped to validate the company and its current success. E-Commerce. I had an incredible business there and left at the height of my career. Create. Tom Sizemore Dies: 'Saving Private Ryan' & 'Black Hawk Down' Star Was 61; Reactions + Career In Photos. Inclusive economy. 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. In 2020, CAA created a board of top agents to help manage the agency. 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. One thing we were seeing was that you have a lot more direct-to-consumer capabilities through digital and online. Managers typically have a smaller roster for whom they provide career guidance. Hundreds of thousands of developers . Buffer pitch deck. 50m fund, focus on seed investments in energy. 10. It's a set of promotional materials to provide information to members of the news media to help them write articles. Strategy #4: Use Your Brand Story to Create Hype. 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. 20 minutes is the longest time you should talk. ), Sign up for THR news straight to your inbox every day. Media Pitch Deck Examples. He became known as a trophy hunter, applying his trading acumen to that of collecting, often rocking the art market in the process. Revolut Pitch Deck. Yearly revenue, etc. 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. Paul Sawers. Company Type For Profit. The company offers in-house production, brand development, and representation services, enabling artists to get the opportunities they seek. Now you've learnt why your agency needs to pull together a pitch deck, you're probably wondering what this presentation needs to include. Even one person crossing the line into illegal behavior is too many and we greatly regret this conduct occurred.. The results: Their pitch deck helped them raise $321.5M in funding and estimated annual revenue of $79.2M. To give you an idea, accelerator programs like Y Combiner expect at least 15% month over . 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. Hollywood loves a comeback story, as long as you ask for redemption, and I dont know if that is Mr. Cohens style. The founders are taking financial hits on making the move, but it could pay off in the long run. At six foot seven with a broad frame, Micelli, the Range CEO, is hard to miss when he enters a room. 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. Modern pitch deck example. Build for 2030. Engaging Content Marketing for Boring Industries from Market MindShift. They seem more engaged than ever, having just guided CAA through a turbulent few years that saw a ferocious battle with Hollywood writers, a crippling pandemic, and a $750 million acquisition of rival agency ICM Partners. It is close to what one of Hollywood's biggest, most established management-production . And the agencies have been working on succession plans. Alto Pitch Deck. The next generation of agents will have that also.. The industry is already reeling as the streaming services that were supposed to save the business have been hemorrhaging money. Everyone starting with Range Media, including assistants (which in this companys culture are called associates), will have equity in the company. 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. Get our latest storiesin the feed of your favorite networks. The rep business was also in flux, with the WGA bent on eradicating the packages and affiliated productions that had increasingly fueled agency coffers. We all have the same promise to each other, which is like, lets go take a shot and build something.. Noting that current representation system is broken, lack of transparency has eroded trust, the document made a persuasive argument that a well-organized management venture could find a seam in the marketplace. The goal of the new company is to offer, according to sources, intimate, curated representation and bringing a family style tone to the company and to representation. The menand, yes, theyre still all menwho run the top agencies know better than to act alarmed about defections. With the old guard holding on to power, younger talent reps are shaking up the industry by changing lanes. A 20-page deck on the companys plans was leaked, widely, under the heading Moxie Media. 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. 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. July 10, 2021. At Range however, partners have equity stakes and discretionary bonuses are eliminated as theyre often a bone of contention. 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. Rushfields sharp-tongued missives have earned him a bold-faced subscriber list. Discover communities . 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. Phil Sun left WME and brought Michael B. Jordan and Donald Glover to a new management firm, M88, focused on a diverse clientele. 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. 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. While your plan is often 15 to 25 pages, your pitch deck will most likely only contain 11 slides that you must be able to deliver in 20 minutes. 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. This can range from revealing your pricing tiers, to announcing a sexy partnership with a big player in your market. What did Disney actually lose from its Florida battle with DeSantis? The rise of streaming and expected decline of TV packaging, combined with the effects of a longstanding boycott by Writers Guild of America, have put the squeeze on talent agencies, some of which have laid off workers. 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. 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. 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. But many pivot to management, where they can focus more on building a clients career and less on landing them their next job. She also writes about podcasting services, digital media and talent agencies. Range also collaborated on digital marketing strategies for her hair care line Flawless. During a pitch, you need to have a pitch deck as your visual aid. . A pitch deck is a presentation that gives your audience an overview of your business plan. Airbnb pitch deck proves that the key to winning is to keep things short. Based on this experience, I'll share what I've learned about creating a . The mail room remains one of the best places to learn the entertainment business, and agency leaders say they dont have a problem recruiting for those jobs. One Tuesday afternoon in November, Ranges Santa Monica headquarters hums with an energy thats rare for most postpandemic offices. 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. Why It Worked. 2. In the early 2010s, the leaders of Hollywoods most powerful talent agency, CAA, began telling senior agents that the kingdom would someday be theirs. 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 . 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. Operator of a talent agency intended to offer curated representation. Related Categories: Partnership | Business Partnership Proposal | Strategic Partnership | Business Proposal. Average Series A round: $7.3 million. Unlike other management firms, who, like the agencies, handled a massive list of clients, Range would prioritize top, exclusive talent. After all, clients who havent worked in the past half year wont love having to pay more for representation. To revist this article, visit My Profile, then View saved stories. Back in the mid-1980s the SEC investigated him for insider trading in connection with RCA shares bought before General Electric acquired the company. Management is a civil game compared to agenting: poaching is rare, except when former CAA chief Michael Ovitz formed AMG and hired away CAA agent Mike Menchel and drew his star client Robin Williams, and brought over Tom Clancy from WMA. 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. If they dont run screaming from the industry altogether, some become executives, others producers. The agencies, with their recently diversified businesses, seem well insulated. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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. 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. And it's the pitch deck that made Airbnb into the $385-billion startup that it is today. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. This market is growing at a 15% rate. 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. All the change in Hollywood has also created opportunities for enterprising young agents who want to discover new podcast talent and TikTok stars. Food & Beverages. We want to hear from you! The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. 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. Its a hard change. Statement yellow elevator pitch example. 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. Talent agencies including WME, CAA, UTA and ICM Partners have undertaken severe cost-cutting measures such as layoffs, furloughs, hour reductions or salary cuts. Create a trendy business pitch deck and more with this Company Media Kit Partnership Pitch Deck Template. Event. 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. 907 followers . Lovett, Lourd, and Huvane are now in their 60s. The new firm was bankrolled by hedge-fund billionaire and future New York Mets owner Steve Cohen, via his early-stage capital firm Point72. . Here is a media pitch example that earned a placement on CNBC's website (cnbc.com) for a client of Web Talent Marketing. In 2018, berconnected talent rep Michael Kives headed out on his own. Ad Choices. you can offer. The company also plans to generate revenue by offering in-house production services. Categories. Pitch Deck - Template Dashboard is a multipurpose Powerpoint template perfect for your business or personal use. Nylas is all about efficiency. So Range has built the most comprehensive understanding of their clients fan base, from what they stream to their credit card purchases. 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. 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. We want to take a deep, personal approach to our clients work while continuing to deliver great results. Our Favorites. All Rights Reserved. All rights reserved. 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. Dropbox Pitch Deck. By subscribing, I agree to the Terms of Use and Privacy Policy. Deadline is a part of Penske Media Corporation. Proptech. 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. The third of eight children of a garment manufacturer father and piano teacher mother, Cohen grew up in Great Neck, N.Y. After graduating from the Wharton School in 1978 he joined Gruntal & Co. as a junior trader in the options department, where according to the New Yorker, Cohen earned an $8,000 profit on his first day, which was considered an enormous sum back then. 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. 2023 The Hollywood Reporter, LLC. Startups. 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. Awards. Michael Ovitz was the best agent ever and even he failed, the partner noted. By subscribing, I agree to the Terms of Use and Privacy Policy. As Cohens net worth rose so did his appetite for art. 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.. But in 2017, during the agencys annual retreat at a resort near San Diego, Micelli realized it was time to quit. Some industry heavyweightsJennifer Lawrence and Leonardo DiCaprio among themhave done without them for years. Because of the secrecy, chatter in Hollywood circles has focused on a potential management war for clients as well as Cohens past legal troubles. Range Media Partners is an Entertainment company located in US with 126 employees. 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. We want Range to be a place where partners, artists and clients can come and say, You know what? Now, Cohens past is an open book because he is now in exclusive negotiations to buy the New York Mets baseball team. . No one denies that the guys atop CAA, WME, and UTA are powerful. 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.
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