People are also insisting, as they seem to do every few years, that the movie star is dead, which means fewer new clients. Leaving CAA felt much like a divorce, Micelli tells me. One thing we were seeing was that you have a lot more direct-to-consumer capabilities through digital and online. A 20-page deck on the company's plans was leaked, widely, under the heading Moxie Media. Microsoft Partner Community. Press slide. Design. 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. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. . 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." . Page. 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. . Hundreds of thousands of developers . Wendy Lee is an entertainment business reporter, covering streaming services such as Netflix, Amazon Prime Video and Apple TV+. To keep up with the changing landscape, the agencies have chased growth. 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. U.K.-based Amadeus Capital Partners and Austria's Apex . TikTok's pitch deck is a massive 39-slide presentation covering all aspects of the company and its platform. She also writes about podcasting services, digital media and talent agencies. 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. Tech. Or, businesses may choose to make their press kits available as static, downloadable resources, like a presentation deck . Another la carte consultation from Range is in the realm of music. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. The launch comes amid a wide range of blows buffeting the talent business. 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. Square pitch deck from pitchenvy. The menand, yes, theyre still all menwho run the top agencies know better than to act alarmed about defections. There is a great article about their fundraising journey and how they pivoted from an accelerator model to a VC here: While having financial backing from Micelli, who recently led strategy at production company Entertainment One and was key in the companys multibillion-dollar acquisition deal by Hasbro, Range also has a substantial minority investment led by Point72 Ventures, the early-stage venture capital firm founded by Steve Cohen. We got to a place where we were thinking about what was needed, not just creating a competitor for competitors sake, Micelli says. And if talent are forced to make hard choices, are they more likely to dump their agents or their managers first? A pitch deck is a presentation that gives your audience an overview of your business plan. Awards. The document is closer to Jerry Maguires mission statement than an actual business plan, but it nonetheless was a bit barbed toward the status quo and provided a glimpse into areas a new company might be able to monetize. Now throw in a potential recession and a potential writers strike. However, he is perhaps best known for having been the subject of one of the governments most high-profile insider trading investigations. A Great Sales Deck can Make or Break a Deal. Its their agency. 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. And it's the pitch deck that made Airbnb into the $385-billion startup that it is today. Craft an elevator pitch that's a succinct briefing of your event. Justin Izzo. Oscars 2023: Yes, Some Awards Movies Flopped, but Art Matters, Harrison Ford Doesnt Have A Social Anxiety Disorder, Youre Just Boring, New Report Claims HBOsDark Upcoming Drama. 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. Key Takeaway: The best pitch deck examples use clean, uncluttered slides with plenty of white space. Word of Cohens involvement in the new management venture drew surprise in liberal Hollywood, particularly in light of Cohens support for Donald Trump. 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.. 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. The timing certainly checked out. 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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. I fell in love with Pete very quickly, says Rich Cook, whod run the motion picture literary department at WME. They're a must-have element and without one, it's difficult to get funded. SEOmoz Pitch Deck makes excellent use of charts and graphs to illustrate data. 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. Check out the pitch deck this AI brand strategy startup used to raise $30 million to . We want to take a deep, personal approach to our clients work while continuing to deliver great results. Range Media Partners is an Entertainment company located in US with 126 employees. 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.. 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. Categories. The money hit the account on August 4, 2020, before anybody had even agreed to join Range. After his windfall, Micelli had offers from agencies: But I just kept coming back to, Why work for anybody again? By initiative. Agents wear nice suits and drive fancy cars, but its not all its cracked up to be, says a source. We would like to show you a description here but the site won't allow us. If they dont run screaming from the industry altogether, some become executives, others producers. Guy Kawasaki's Pitch Deck Template. One of the most common mistakes founders make in their startup . you can offer. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. 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. Below is an example from mobile payment service Square, which actually exhibits "best," "base," and "worst" case financial scenarios. The results: Their pitch deck helped them raise $321.5M in funding and estimated annual revenue of $79.2M. . 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. It used to be that a good-idea-turned-PowerPoint was enough to get some amount of funding, but this is not the case in 2023. Shyamalans projects are being supported with music and soundtrack needs through Ranges in-house label. But who will the next generation be if younger agents keep changing lanes, though? So, theyre going to be more aggressive, more ambitious about a lot of different areas of their life on average, explains Whigham. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. I had an incredible business there and left at the height of my career. Inclusive economy. 20 Pitch Decks from Well-Known Media Startups. It's a set of promotional materials to provide information to members of the news media to help them write articles. It's where you have to convince them that your services can benefit their company. Blog 50+ Pitch Deck Designs, Format, Examples 2023. Tom Sizemore Dies: 'Saving Private Ryan' & 'Black Hawk Down' Star Was 61; Reactions + Career In Photos, MRC, James Wans Atomic Monster & 3 Arts In Deal To Develop Pornsak Pichetshotes Noir Graphic Novel The Good Asian Into Series, Searchlight Lands Theatrical Remake Rights To Oscar-Nominated National Geographic Docu Fire Of Love, Lava Love Story Of French Volcanologists, The Oscar-Nominated Women Behind Elvis: Gail Berman, Catherine Martin & Mandy Walker Speak On The Man, The Myth, The Movie. Other. We found out that there are 101,680 online retailers who fit this profile so the total estimated obtainable market size is $750 million. Rushfields sharp-tongued missives have earned him a bold-faced subscriber list. 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. 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. Still, both agents and managers are bracing for what will almost certainly be a rocky year. Buffer. Thats something that I didnt have time for at my previous job.. Company Type For Profit. Keep it snappy. The collapse of the syndication market in television has slashed back-end profits, a lucrative source of income. In short, it "makes software work better.". Long heralded as the most successful trader of his generation, the venture appears to be his first major entertainment investment. But many pivot to management, where they can focus more on building a clients career and less on landing them their next job. The rep business was also in flux, with the WGA bent on eradicating the packages and affiliated productions that had increasingly fueled agency coffers. 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. The company is committed to providing equity to all founding staff, at every level, and recruiting and representing a diverse group of perspectives and background, the statement said. The Los Angeles Art World Is Having Its Gilded Age Moment. Phil Sun left WME and brought Michael B. Jordan and Donald Glover to a new management firm, M88, focused on a diverse clientele. Send us a tip using our annonymous form. 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. Range Media Partners provides artists, directors, writers, professional athletes, and others with management and representation services. Social. There are plenty of people who are still quite happy working their way through the talent agency system. (I read it the second I see it pop up, says Richard Plepler.) In 1999 Ovitz formed Artists Management Group, but after a series of failures he sold it in 2002. Why It Worked. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. 50m fund, focus on seed investments in energy. You may occasionally receive promotional content from the Los Angeles Times. 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 company says its construct will foster a company culture grounded in inclusion, respect, and fairness. Two former agents from UTA and WME, Ben Jacobson and David Stone, recently launched the Framework Collective to manage TV writers. So, I would have followed him anywhere. Our Favorites. Range Media also represents a shift for Cohen, whose net worth Bloomberg estimates is $10.1 billion. Here's your step-by-step guide. But the rise of streaming, the decline of cable, and the erosion of the theatrical business have cut into those fat paychecks. Tom Sizemore Dies: 'Saving Private Ryan' & 'Black Hawk Down' Star Was 61; Reactions + Career In Photos. Investors: Bossanova Investimentos, Tiger Global Management, 8VC, and more. Not only are we able to use it in the B2B sense to help our clients get the roles they want or identify the clients that might be best associated with a piece of intellectual property, but also to help them understand their fans in a way that frankly only venture and hedge funds have ever done because our clients are brands too, Bruss says. 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. 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. Signup for Breaking News Alerts & Newsletters. 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. Corinne McCarthy, SEO & Online PR Specialist @ Web Talent Marketing. Mint. Total fundraising numbers for each startup in the list below are according to PitchBook data . 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. Description. 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. Ranges data set has been instrumental in client negotiations, whether its demonstrating their financial value to a media conglomerates library. Shift Pitch Deck. We want to hear from you! 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. . Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Many businesses at present use a pitch deck as their way of presenting a quick overview of a plan for investors. He remains a minority investor, with additional funding from New York Knicks coach David Fizdale, Microsoft CMO Mich Mathews-Spradlin and Grubhub founder/CEO Matt Maloney. Something inside me told me this was the last retreat I was going to be on, he says. We were all stretched pretty thin in our previous lives, says Whigham about changing up from an agent to a manager. A staple of the best pitch deck lists, Mint is a personal financial app to help track spending and savings. The agencies, with their recently diversified businesses, seem well insulated. 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. 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 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. Business idea pitch deck. This will in turn create massive opportunities to drive direct to consumer businesses in a post Covid-19 world.. 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. Pitch Deck - Template Dashboard is a multipurpose Powerpoint template perfect for your business or personal use. Insiders paint a different picture, with sources saying the company is being collaborative and following a non-poaching rule. Great! Managers typically have a smaller roster for whom they provide career guidance. A 20-page deck on the companys plans was leaked, widely, under the heading Moxie Media. Table of Contents. Crypto / Web3. Walmart - Flipkart Pitch Deck. Strategy #4: Use Your Brand Story to Create Hype. A former college basketball player who considered playing professionally in Europe, he spent the first 20-plus years of his adult life channeling his competitiveness into the closest thing Hollywood has to a sport: working as a talent agent at the legendarily cutthroat CAA. Its a hard change. Surge Ventures. The company offers in-house production, brand development, and representation services, enabling artists to get the opportunities they seek. 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. 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. But what happens when theyre gone? Get our latest storiesin the feed of your favorite networks. Coordinator, Film & TV at Range Media Partners Los Angeles, California, United States. 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.