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So Range has built the most comprehensive understanding of their clients fan base, from what they stream to their credit card purchases. Managers typically have a smaller roster for whom they provide career guidance. Now these places have hundreds, if not thousands, of employees who have to wear name tags to corporate retreats so they can recognize their own colleagues. The founding of the firm was a secret affair that began in March and caught most unawares. Walmart - Flipkart Pitch Deck. Everyone starting with Range Media, including assistants (which in this companys culture are called associates), will have equity in the company. 2023 Deadline Hollywood, LLC. A staple of the best pitch deck lists, Mint is a personal financial app to help track spending and savings. Talent agencies are under growing pressure to raise capital to finance growth at time of rapid changes in the media industry. We got to a place where we were thinking about what was needed, not just creating a competitor for competitors sake, Micelli says. We were all stretched pretty thin in our previous lives, says Whigham about changing up from an agent to a manager. 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. Lovett, Lourd, and Huvane are now in their 60s. Times staff writer Ryan Faughnder contributed to this report. The pitch deck is an example of how basic and . 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. Microsoft Partner Community. 50m fund, focus on seed investments in energy. With this animated .pptx template presentation you will be able to make a dynamic presentation that will captivate your audience. Discover communities . No one denies that the guys atop CAA, WME, and UTA are powerful. Surge Ventures. They made their dramatic pivot at the height of industry instability; movie theaters remained closed from Covid, production was slow to rebound as no one was writing Covid policies, and that meant no completion bonds; and studio tentpoles were being unloaded to streamers. He also presented the structure of the perfect pitch deck: Title Slide 20 Pitch Decks from Well-Known Media Startups - Failory Or, businesses may choose to make their press kits available as static, downloadable resources, like a presentation deck . 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. 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. The low-end pitch deck costs between $1,000 to $3,000 and is suitable for those who want to revamp their existing pitch deck or create from scratch at a cheap price. Interestingly, and more than the other pitch decks in this article, they put a lot of emphasis on the value they add to the startups they support. 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.. 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). The distinction between agents and managers can seem nebulous, but there are key differences. 12 Startup Pitch Deck Examples [PlusTemplate] - hubspot.com Microsoft Inspire. As a leader at one top agency says, COVID was the hundred-year flood, and I think people made decisions about their lives at a scale that youve never seen before.. At six foot seven with a broad frame, Micelli, the Range CEO, is hard to miss when he enters a room. It's where you have to convince them that your services can benefit their company. The results: Their pitch deck helped them raise $321.5M in funding and estimated annual revenue of $79.2M. But many pivot to management, where they can focus more on building a clients career and less on landing them their next job. Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. 15 great pitch deck examples from successful startups Its a hard change. 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. Pitch Decks. Below you find a list of media pitch decks from industry-leading startups and companies that have changed the game. Inclusive economy. 20+ Free Pitch Deck Templates [Fully-Customizable] | Pitch Its just an ever-changing time in the industry, says another person who recently left a plum agency job. Were not acting as agents at all, he says. 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? 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 . Strategy #2: Make It All About the Customer. Table of Contents. 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. 9 Tips for Starting a Successful Brand Partnership (Pitch Deck Included It's one of the most perfectly designed pitch decks ever made. 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. Nylas is all about efficiency. Send us a tip using our annonymous form. 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. CAA ostracized Ovitz, hurting AMGs ability to package series and movies. Core values. Mint. Shyamalans projects are being supported with music and soundtrack needs through Ranges in-house label. All Rights Reserved. Categories. But the rise of streaming, the decline of cable, and the erosion of the theatrical business have cut into those fat paychecks. Range Media Partners Launches Sports Division, Sets Will Funk As - MSN 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. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. The terms pitch deck, investor pitch deck and business plan presentation are used synonymously. 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. Pairing Cohen with the other two backers seems to give Range Media Partners plenty of hedge fund and tech money to launch properly. 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. 10 Business Pitch Examples for Your Next Client Meeting - Venngage Los Angeles Times on Twitter: "In a 20-page pitch deck to investors 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. After Agency Exodus, Top Reps Unveil New Firm Range Media Partners 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. Range Media also represents a shift for Cohen, whose net worth Bloomberg estimates is $10.1 billion. Wendy Lee is an entertainment business reporter, covering streaming services such as Netflix, Amazon Prime Video and Apple TV+. The writer we pitched ended up connecting us with a reporter at CNBC. 100+ Investor Pitch Deck Examples + Free Pitch Deck Template [2022] Email pitch example #6. The Hollywood Reporter is a part of Penske Media Corporation. Mark Mizera - San Francisco, California, United States - LinkedIn Guy Kawasaki's Pitch Deck Template. Range Media Partners provides artists, directors, writers, professional athletes, and others with management and representation services. 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. Brand Pitch Guide for Creators: Deck and Email Templates Buffer. 50+ Pitch Deck Templates and Examples From Successful Startups The company offers in-house production, brand development, and representation services, enabling artists to get the opportunities they seek. 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. Lovett began reminding staff that 60 was the new 40, according to two sources. Design. Tom Sizemore Dies: 'Saving Private Ryan' & 'Black Hawk Down' Star Was 61; Reactions + Career In Photos. Finally, rumors ran around that the partners were lured away from the major agencies by 7-figure paychecks. The pandemic has forced the shutdown of TV and film productions while live shows have been canceled or postponed. After all, clients who havent worked in the past half year wont love having to pay more for representation. Forget that the last three years even happened, and its still arguably harder to be an agent right now than at any other time. The deal calls for A+E Studios to become a co-production partner for scripted TV projects emerging from Range. Thats something that I didnt have time for at my previous job.. 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. 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. What happens when someone wakes up one day and realizes they dont want to be an agent anymore? 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. Cohen, who did not respond to requests for comment, is said to be injecting upwards of $25 million for a 30% stake in the new firm, according to the Hollywood Reporter. We would like to show you a description here but the site won't allow us. He supported the run of Democratic presidential Pete Buttigieg and has been a supporter of New York Governor Andrew Cuomo, and hasnt backed either of the combatants in the upcoming presidential election. Back in the mid-1980s the SEC investigated him for insider trading in connection with RCA shares bought before General Electric acquired the company. Business idea pitch deck. I was giving up a lot and risking an enormous amount. Another la carte consultation from Range is in the realm of music. The Los Angeles Art World Is Having Its Gilded Age Moment. 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. Still, both agents and managers are bracing for what will almost certainly be a rocky year. 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. 20 Pitch Decks from Well-Known Media Startups. I needed a new energy. At Entertainment One, he got a crash course in running (and selling) a company. Press slide. He became known as a trophy hunter, applying his trading acumen to that of collecting, often rocking the art market in the process. So, I would have followed him anywhere. 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. 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At Range however, partners have equity stakes and discretionary bonuses are eliminated as theyre often a bone of contention. 23 Best Startup Pitch Deck Examples: Famous in Tech (2022) In 2004 LinkedIn has raised $10M in funding from Greylock Partners in a Series-B investment round. 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. A 30-point font is the smallest font size you should use on your slides. Leaving CAA felt much like a divorce, Micelli tells me. 11 Pitch Deck Examples from Incredibly Successful Companies We want to hear from you! The agencies, with their recently diversified businesses, seem well insulated. Great! Investors: Bossanova Investimentos, Tiger Global Management, 8VC, and more. 35 Best Pitch Decks From Real-Life Startups [With Templates] - Visme Blog 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. 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. Media Pitch Deck Examples. All Rights Reserved. Range Media is also reportedly cash-flow positive over the last five months. Hundreds of thousands of developers . How Richard Rushfields The Ankler Took on Hollywood. Rocketreach finds email, phone & social media for 450M+ professionals. 2. Tech. Ranges data set has been instrumental in client negotiations, whether its demonstrating their financial value to a media conglomerates library. Give yourself a boost and start using this template to bring your ideas to your customers/partners. 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. These startup pitch deck examples wouldn't cut it in 2023 and we'll tell you why. range media partners pitch deck. He donated $1 million to Trumps inaugural committee. March 27, 2022. The industry is already reeling as the streaming services that were supposed to save the business have been hemorrhaging money. Focus on positive reviews or attention related to your product. In 1999 Ovitz formed Artists Management Group, but after a series of failures he sold it in 2002. . Subscribe for full access to The Hollywood Reporter. And the agencies have been working on succession plans. Here are some of the pitch decks that six startups which raised funding from a range of investors used. 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. Because of the secrecy, chatter in Hollywood circles has focused on a potential management war for clients as well as Cohens past legal troubles. Long heralded as the most successful trader of his generation, the venture appears to be his first major entertainment investment. Pitch Decks That Advertising Tech Startups Used to Raise Millions