range media partners pitch deck

Strategy #1: Keep It Short and to-the-Point. It focused on describing . As I said about the disruptive power of this idea, I love when there is a very healthy shake of the house. In this case the energy of the different people evolved into this company, the out of the box thinking intertwined with the absolute insiders nature of all people involved was so exciting.. ), Sign up for THR news straight to your inbox every day. Talent agencies are under growing pressure to raise capital to finance growth at time of rapid changes in the media industry. Nonprofit pitch deck. We still continue to grow, and we still continue to thrive, and we continue to work really well with managers. BuzzFeed is a highly popular internet entertainment, news, and media company that has been at the forefront of digital journalism since it was founded in 2006. 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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. 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. We got to a place where we were thinking about what was needed, not just creating a competitor for competitors sake, Micelli says. As of July, Point72 had $17.2 billion assets under management. ICM and UTA recently signed agreements with the union, but the other big agencies WME and CAA have not. Cohen, who lives in Greenwich, Conn., and owns a home in Beverly Hills, is said to have partly inspired the character of hedge fund manager Bobby Axelrod in Showtimes Billions.. Last year, Emanuel tapped Richard Weitz and Christian Muirhead to co-run WME. The Range partner/owners arent the only top notch partners who spent their careers building at major agencies and moved onto management concerns. Form And Sustain A Business Partnership Agenda For Form And Sustain Ppt File Deck PDF. Even one person crossing the line into illegal behavior is too many and we greatly regret this conduct occurred.. Meanwhile, the #MeToo and Black Lives Matter movements forced a reckoning at the agencies over their part in perpetuating systemic discrimination. In July, CAA said it was laying off 90 agents and furloughing 275 staffers. Range Media Partners Adds 20 Clients To Roster; Bradley Cooper, Ramy Youssef, Anna Kendrick, Emilia Clarke & Tom Hardy Among Names Read full article Justin Kroll - Crafted potential client pitch decks for agents to present in talent meetings As unveiled in its prospectus, Ranges business model is to create companies around celebrities in the mold of Reese Witherspoons Hello Sunshine, whereby Range Media would own one-third, the celebrity another third, and a third-party investor raising $5 million to $7 million per star would take the remaining third. 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. Or, businesses may choose to make their press kits available as static, downloadable resources, like a presentation deck . Managing partners took sizable pay cuts to leave their agent gigs, but none of the people I speak with express regret. He donated $1 million to Trumps inaugural committee. By 2011 he was managing $12 billion. People are also insisting, as they seem to do every few years, that the movie star is dead, which means fewer new clients. Here's your step-by-step guide. TVs top-rated drama may wrap as cocreator Taylor Sheridan pursues yet another franchise extensionthis one starring Matthew McConaughey. 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. 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. As a Content Marketing Manager at Atrium, Mark drove messaging efforts across a range of marketing assets, including blogs, newsletters, social media, landing pages, pitch decks, product demos . Micelli argues that Hollywood just hasnt encountered a management company like Range before. While Micelli had stepped away from representation, the Writers Guild lawsuit against the talent agencies had created a fissure in the part of the business at which he excelled, packaging writers and stars, then hand-delivering full projects to TV studios. 2023 The Hollywood Reporter, LLC. This slide describes the overview of the brand Partnership Company which includes: Mission, vision. Page. 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. We all have the same promise to each other, which is like, lets go take a shot and build something.. Inclusive economy. We want Range to be a place where partners, artists and clients can come and say, You know what? 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. 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 . With its reported $100 million investment, PMC is now the largest shareholder of Vox Media. 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. Deadline is a part of Penske Media Corporation. Last Funding Type Corporate Round. To keep up with the changing landscape, the agencies have chased growth. 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. Pitch decks are used by startups to convince investors to invest in their product. TikTok's pitch deck is a massive 39-slide presentation covering all aspects of the company and its platform. There are no big paychecks, the insiders said. He became known as a trophy hunter, applying his trading acumen to that of collecting, often rocking the art market in the process. Proptech. If they dont run screaming from the industry altogether, some become executives, others producers. Mint. Wendy Lee is an entertainment business reporter, covering streaming services such as Netflix, Amazon Prime Video and Apple TV+. As described in the pitch, Unlocking the power of content creation to turn celebrities into curators. 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. Its healthy for everybody when things shake up a little bit, he says. We were just thinking about what was needed.. It's one of the most perfectly designed pitch decks ever made. These presentations last no more than 20 slides and are meant to give full detail of a particular business idea instead of a full-blown presentation ranging from more than 30 slides. 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. 907 followers . A pitch deck is a brief presentation, ranging from 10-20 slides, that provides an overview of your business. Period. We want to take a deep, personal approach to our clients work while continuing to deliver great results. Its just an ever-changing time in the industry, says another person who recently left a plum agency job. 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. 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. Contact Email [email protected]. Operating Status Active. Cubeit Pitch Deck. 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. The founders are taking financial hits on making the move, but it could pay off in the long run. At Range, shes producing a film that Ilana Glazer cowrote about an unplanned pregnancy. 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. When talked about the best SaaS pitch decks, Buffer hands down takes the top position. A Great Sales Deck can Make or Break a Deal. Average Series A round: $7.3 million. 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. 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 new firm was bankrolled by hedge-fund billionaire and future New York Mets owner Steve Cohen, via his early-stage capital firm Point72. 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. 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. Forget that the last three years even happened, and its still arguably harder to be an agent right now than at any other time. 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. Airbnb pitch deck proves that the key to winning is to keep things short. A staple of the best pitch deck lists, Mint is a personal financial app to help track spending and savings. The 2023 Hollywood Issue: Selena Gomez, Austin Butler, Florence Pugh & More. That takes strategy.. But Cohens enviable success had long been the subject of speculation on Wall Street. Strategy #5: Build an Emotional Connection. He noted that prior to his firms SEC indictment, he was considered a rock star by most heavy hitters in Hollywood because of his rogue style and awesome returns as a hedge fund manager. Cohen was never charged. Agents wear nice suits and drive fancy cars, but its not all its cracked up to be, says a source. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. 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 is close to what one of Hollywood's biggest, most established management-production . Another area distinguishing Range is its use of data analytics in negotiating for clients and informing their decisions. 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. The Dark Scandals and Power Struggles of Sumner Redstone, Les Moonves,and the Companies They Controlled. For our 29th annual Hollywood cover, a dozen captivating young stars gather for the after-party of our dreams. And thats assuming that talent even want an agent. 2. Pitch Decks. 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. To fuel the expansion, the company opened its doors to a private equity investor, TPG Capital, which now owns a majority stake in the agency. Buffer. |. Strategy #2: Make It All About the Customer. 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. Some industry heavyweightsJennifer Lawrence and Leonardo DiCaprio among themhave done without them for years. Luckily, we've got all the answers for you! The agencies, with their recently diversified businesses, seem well insulated. Step 1. 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Thats something that I didnt have time for at my previous job.. Phil Sun left WME and brought Michael B. Jordan and Donald Glover to a new management firm, M88, focused on a diverse clientele. Wayfair Pitch Deck. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. The timing certainly checked out. What did Disney actually lose from its Florida battle with DeSantis? . 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. Statement yellow elevator pitch example. Deadline is a part of Penske Media Corporation. 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. Awards. In any case, rare has a migration of agents to a new venture drawn the buzz, and shade, as Ive seen over the week since Deadline divulged the company and its participants. 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. Pairing Cohen with the other two backers seems to give Range Media Partners plenty of hedge fund and tech money to launch properly. Buffer pitch deck. You become their partner versus just a rep, says an agent turned manager. The pandemic has forced the shutdown of TV and film productions while live shows have been canceled or postponed. We want to take a deep, personal approach to our clients work while continuing to deliver great results. Michael Ovitz was the best agent ever and even he failed, the partner noted. 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 reader should be able to get the gist of your pitch without getting bogged down in time-consuming details. They're a must-have element and without one, it's difficult to get funded. 20 minutes is the longest time you should talk. Choose from any of our free pitch deck templates and confidently present your product or service to investors, partners, or potential clients. 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. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. . We found out that there are 101,680 online retailers who fit this profile so the total estimated obtainable market size is $750 million. 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. How to create a social media marketing pitch deck. 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. Long heralded as the most successful trader of his generation, the venture appears to be his first major entertainment investment. 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. One agent looked at THEIR BOSSES and thought, Oh, you guys are never going to leave. Shyamalans projects are being supported with music and soundtrack needs through Ranges in-house label. 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. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. Dozens of employees lounge on chairs and couches inside the airy building, where not even the partners keep permanent desks. Pitching is the first step in onboarding new clients into your media company. In 2013 Cohens once-powerful firm, SAC Capital Advisors, pleaded guilty to a criminal indictment and paid a record $1.8-billion settlement. After all, clients who havent worked in the past half year wont love having to pay more for representation. Year after year he maintained double-digit returns. An elevator pitch is a persuasive speech that you can give in around 30 seconds to a minutethe time it takes to use an elevator. Its their dream., But conversations with nearly two dozen industry insiders suggest that management is more and more alluring as the aura around agents dims. These startup pitch deck examples wouldn't cut it in 2023 and we'll tell you why. You can use a pitch deck when meeting with potential investors, customers and business partners. Dark marketing pitch deck. In the early 2010s, the leaders of Hollywoods most powerful talent agency, CAA, began telling senior agents that the kingdom would someday be theirs. Below is an example from mobile payment service Square, which actually exhibits "best," "base," and "worst" case financial scenarios. There are plenty of people who are still quite happy working their way through the talent agency system. Its their agency. Nonprofit. 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. A 20-page deck on the companys plans was leaked, widely, under the heading Moxie Media. Because of the secrecy, chatter in Hollywood circles has focused on a potential management war for clients as well as Cohens past legal troubles. 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. Famous sales pitch decks to inspire your pitch. All Rights Reserved. Legal Name Range Media Partners. Contact Information. I was giving up a lot and risking an enormous amount. 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. To give you an idea, accelerator programs like Y Combiner expect at least 15% month over . Microsoft Partner Community. Below you find a list of media pitch decks from industry-leading startups and companies that have changed the game. Now there might be a splitting of the power. This still doesnt faze the old guard. The pitch deck goes into detail about what your services include and the benefits that you believe (or know!) There is a great article about their fundraising journey and how they pivoted from an accelerator model to a VC here: As one former agent puts it, Before, the agents were the most powerful. Nylas is all about efficiency. 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. 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? 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. 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. The industry is already reeling as the streaming services that were supposed to save the business have been hemorrhaging money. All. The pitch deck also included several quotes from the media that helped to validate the company and its current success. Media kits may live fully-online as responsive online press pages. Based on this experience, I'll share what I've learned about creating a . All of the principals will be given an unspecified ownership stake. Walmart - Flipkart Pitch Deck. [Read more: 3 Easy Steps to Research Your Startup Business Idea] Outline the problem you're trying to . mcdonalds garfield mugs worth Your pitch deck boils down to the essential elements of your business plan. Square pitch deck from pitchenvy. July 10, 2021. Surge Ventures. Subscribe for full access to The Hollywood Reporter. Download Our Free Guide: The Perfect Pitch Deck. Finally, rumors ran around that the partners were lured away from the major agencies by 7-figure paychecks. The pitch deck is an example of how basic and . Range Media Partners is an Entertainment company located in US with 126 employees. 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. If we cant get the needle movers, if we cant get the people that really matter, could we call Steve and give the money back? But by September, 10 people from CAA, WME, and UTA had signed onand many clients followed them. Tech. European VC firms Amadeus and Apex partner for 80m early-stage 'deep tech' fund. 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. 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. Discover communities . It should contain slides outlining the features and offers of your media services company. But the pandemic didnt cause the departures, it just accelerated them. At six foot seven with a broad frame, Micelli, the Range CEO, is hard to miss when he enters a room. 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. Slide 1: Overview of Brand Partnership Company. Still, both agents and managers are bracing for what will almost certainly be a rocky year. Effective startup elevator pitch examples. From Chris Rock to the SAG Awards. 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. Trumps Relationship With Jared and Ivanka. BuzzFeed. Instead, one managers success with a client resonates to others in the firm via a shared pool of commissions.