Cubeit Pitch Deck. 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. Core values. The Airbnb pitch deck is a legend among presentation designers. We were just thinking about what was needed.. One such investment is with A+E Networks, which recently took a high-teens stake in the firm for $50M. 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. Proptech. We want to take a deep, personal approach to our clients work while continuing to deliver great results. Word of Cohens involvement in the new management venture drew surprise in liberal Hollywood, particularly in light of Cohens support for Donald Trump. Cannabis. He was flush following Entertainment Ones $4 billion sale to Hasbro and launching a new talent management firm. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. Buffer. Incorporate images, use a modern color scheme, and insert a pattern for a captivating design. Strategy #2: Make It All About the Customer. Dark marketing pitch deck. 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. Newest. 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. Subscribe for full access to The Hollywood Reporter. Respected TV lit agents David Stone (WME partner) and Ben Jacobson (UTA partner) left to launch The Framework Collective management company, and WME agent Duncan Millership left to join Anonymous Content. The collapse of the syndication market in television has slashed back-end profits, a lucrative source of income. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. One of the best storytelling methods for funding pitches is to use customer examples. During a pitch, you need to have a pitch deck as your visual aid. Categories. So, I would have followed him anywhere. As one former agent puts it, Before, the agents were the most powerful. 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. The almighty startup pitch deck that helped Buffer to raise half a million dollars gained popularity by becoming one of the first pitch decks openly shared online. Pitch Decks. We found out that there are 101,680 online retailers who fit this profile so the total estimated obtainable market size is $750 million. Dozens of employees lounge on chairs and couches inside the airy building, where not even the partners keep permanent desks. We want to hear from you! Industry observers view the new company as an institutional shift in industry, where many agents have grown frustrated watching a handful of partners reap millions while their own opportunities for advancement remain limited in an uncertain market. 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. A Great Sales Deck can Make or Break a Deal. 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. It focused on describing . I fell in love with Pete very quickly, says Rich Cook, whod run the motion picture literary department at WME. Description. 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. [Read more: 3 Easy Steps to Research Your Startup Business Idea] Outline the problem you're trying to . 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. Your pitch deck should stand on its own as a . DISPLAYING: 1 - 50 of 604 Items. And if talent are forced to make hard choices, are they more likely to dump their agents or their managers first? 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." . Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. Create. . He snapped up a Jackson Pollock painting from David Geffen for $52 million and paid $101 million at auction for Giacomettis 1950 sculpture, The Chariot.. We all have the same promise to each other, which is like, lets go take a shot and build something.. The pitch deck is an example of how basic and . The timing certainly checked out. 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. Operator of a talent agency intended to offer curated representation. And the agencies have been working on succession plans. 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. So, a consortium of agents from CAA, UTA, WME and other firms, repping such A-listers as Bradley Cooper, Tom Hardy, Keira Knightley, Emilia Clarke and Ramy Youssef, decided to embrace change, not fear it. 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. 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.. Meanwhile, the #MeToo and Black Lives Matter movements forced a reckoning at the agencies over their part in perpetuating systemic discrimination. And thats assuming that talent even want an agent. Get our latest storiesin the feed of your favorite networks. There are no big paychecks, the insiders said. Awards. I was like, Fuck no, its not, says one of them, who recalls thinking, Oh, you guys are never going to leave. Mint. The firm announced Wednesday that it wil Form And Sustain A Business Partnership Agenda For Form And Sustain Ppt File Deck PDF. Based on this experience, I'll share what I've learned about creating a . Sometimes you inherit a kingdom, sometimes you build one. But Cohens enviable success had long been the subject of speculation on Wall Street. Seven years later Cohen was running his own division at Gruntal. As of July, Point72 had $17.2 billion assets under management. I needed a new energy. At Entertainment One, he got a crash course in running (and selling) a company. The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. - Crafted potential client pitch decks for agents to present in talent meetings Other. 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. Now you've learnt why your agency needs to pull together a pitch deck, you're probably wondering what this presentation needs to include. Download Our Free Guide: The Perfect Pitch Deck. 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. Our Favorites. Wendy Lee is an entertainment business reporter, covering streaming services such as Netflix, Amazon Prime Video and Apple TV+. Page. In 1992 Cohen decamped to launch his own hedge fund, SAC Capital Advisors, in Stamford, Conn., with $25 million of his own money, according to Bloomberg. E-Commerce. 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.. 22 Pitch Decks from Notable Social Media Startups. There are plenty of people who are still quite happy working their way through the talent agency system. The next generation of agents will have that also.. Traditional power structures are shifting because what clients want is shifting. Some agents were clearly part of Americas Great Resignation: Facing layoffs and pay cuts because of the pandemicand suddenly stripped of the power lunches and premieresthey simply reconsidered their careers. 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 company offers in-house production, brand development, and representation services, enabling artists to get the opportunities they seek. Stay away from negative press unless you can show you've changed those negative opinions. Microsoft Partner Community. The management world was shaken up, as well as the agencies. (I read it the second I see it pop up, says Richard Plepler.) Nonprofit. Legal experts weigh in, ChatGPT who? 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. Year after year he maintained double-digit returns. Inclusive economy. Strategy #1: Keep It Short and to-the-Point. Pitch deck. 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. What did Disney actually lose from its Florida battle with DeSantis? 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. Focus on positive reviews or attention related to your product. Hundreds of thousands of developers . Press slide. 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 The results: Their pitch deck helped them raise $321.5M in funding and estimated annual revenue of $79.2M. The reader should be able to get the gist of your pitch without getting bogged down in time-consuming details. Pitching is the first step in onboarding new clients into your media company. Total fundraising numbers for each startup in the list below are according to PitchBook data . Long heralded as the most successful trader of his generation, the venture appears to be his first major entertainment investment. In the early 2010s, the leaders of Hollywoods most powerful talent agency, CAA, began telling senior agents that the kingdom would someday be theirs. After all, clients who havent worked in the past half year wont love having to pay more for representation. 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. Nylas is all about efficiency. It's one of the most perfectly designed pitch decks ever made. Modern pitch deck example. 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. Period. This can range from revealing your pricing tiers, to announcing a sexy partnership with a big player in your market. This is the moment where your audience needs to be saying "shut up and take . A media kit is also known as a press kit. 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. Agents wear nice suits and drive fancy cars, but its not all its cracked up to be, says a source. Another la carte consultation from Range is in the realm of music. We want Range to be a place where partners, artists and clients can come and say, You know what? The launch comes amid a wide range of blows buffeting the talent business. 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. That is your direct sales pitch straight to the potential customer. Build for 2030. Event. Keys to an Effective Pitch Deck. Among them, CAA agent Scott Greenberg moved with his lengthy list of filmmakers to work with longtime friend Rick Yorn at LBI (hell co-rep the clients with CAA), Theresa Kang-Lowe left WME to launch her own management company with a multi-year deal at Apple TV + and clients including Alfonso Cuaron, and WME agent Phil Sun joined MACROs Charles King to launch the rep firm M88 and took Michael B. Jordan with him. 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. Balance the storytelling element of your presentation with . For our 29th annual Hollywood cover, a dozen captivating young stars gather for the after-party of our dreams. One agent looked at THEIR BOSSES and thought, Oh, you guys are never going to leave. In July, CAA said it was laying off 90 agents and furloughing 275 staffers. The Range partner/owners arent the only top notch partners who spent their careers building at major agencies and moved onto management concerns. Connect. In 2013 Cohens once-powerful firm, SAC Capital Advisors, pleaded guilty to a criminal indictment and paid a record $1.8-billion settlement. 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. The (non-representative) sample set of investor pitch decks below include eight Seed decks, four Series A, five Series B, and two Series C. Below are the key takeaways after observing the 19 total examples from transparent companies who shared their learnings with us: Average Seed round: $869,000. 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. July 10, 2021. Research Lead, Dropbox DocSend. How to create a social media marketing pitch deck. Finally, rumors ran around that the partners were lured away from the major agencies by 7-figure paychecks. The founders are taking financial hits on making the move, but it could pay off in the long run. We saw an opportunity to jump-start a company with a client list that would rival even the most powerful management company pretty quickly.. 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. 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 . 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. Famous sales pitch decks to inspire your pitch. In short, it "makes software work better.". 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. Julian has created over 400+ articles about a wide range of topics e.g., math, biology, chemistry, history . SEOmoz Pitch Deck. By saying were going to do something more intimate and boutique with less clients, were going to spend more time on the things that are either not on the menu or hard to achieve because they do take a lot of time. 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. 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. Its their agency. 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? 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. In July 2013, Preet Bharara, then the U.S. Attorney for the Southern District of New York, announced criminal charges against SAC for which it eventually pleaded guilty, saying the firm had become a veritable magnet for market cheaters., We take responsibility for the handful of men who pleaded guilty, SAC said in a statement at the time. A staple of the best pitch deck lists, Mint is a personal financial app to help track spending and savings. Range Media Partners is an Entertainment company located in US with 126 employees. Coordinator, Film & TV at Range Media Partners Los Angeles, California, United States. Last year, Emanuel tapped Richard Weitz and Christian Muirhead to co-run WME. Key Takeaway: The best pitch deck examples use clean, uncluttered slides with plenty of white space. 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. Some industry heavyweightsJennifer Lawrence and Leonardo DiCaprio among themhave done without them for years. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Blog 50+ Pitch Deck Designs, Format, Examples 2023. Below you find a list of media pitch decks from industry-leading startups and companies that have changed the game. 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. Effective startup elevator pitch examples. Pitch Deck - Template Dashboard is a multipurpose Powerpoint template perfect for your business or personal use. Keep it snappy. The founding of the firm was a secret affair that began in March and caught most unawares. 11:00 PM PST February 21, 2023. Contact Email info@rangemp.com. 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. Ranges data set has been instrumental in client negotiations, whether its demonstrating their financial value to a media conglomerates library. Strategy #4: Use Your Brand Story to Create Hype. 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. I was giving up a lot and risking an enormous amount. The new firm was bankrolled by hedge-fund billionaire and future New York Mets owner Steve Cohen, via his early-stage capital firm Point72. Another area distinguishing Range is its use of data analytics in negotiating for clients and informing their decisions. The industry is already reeling as the streaming services that were supposed to save the business have been hemorrhaging money. One of the primary documents essential to any early-stage company fundraising process is a pitch deck. Here is a media pitch example that earned a placement on CNBC's website (cnbc.com) for a client of Web Talent Marketing. 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.. This approach can help investors understand the general range of the projections, and can appeal to conservative and optimistic investors alike. 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. It should contain slides outlining the features and offers of your media services company. The money hit the account on August 4, 2020, before anybody had even agreed to join Range. you can offer. Last Funding Type Corporate Round. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. The Los Angeles Art World Is Having Its Gilded Age Moment. Tom Sizemore Dies: 'Saving Private Ryan' & 'Black Hawk Down' Star Was 61; Reactions + Career In Photos. In a civil settlement with federal regulators in 2016 Cohen, who was not criminally charged, was barred for two years from managing outside funds. So did Peter Micelli, the cohead of CAAs television department, who departed to join independent studio Entertainment One. Revolut Pitch Deck. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. 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. 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. 2023 The Hollywood Reporter, LLC. I had an incredible business there and left at the height of my career. Microsoft Inspire. The range hires surprised the industry. 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. To make things even better, their charts use different colors for each statistic. What happens when someone wakes up one day and realizes they dont want to be an agent anymore? So, theyre going to be more aggressive, more ambitious about a lot of different areas of their life on average, explains Whigham. By subscribing, I agree to the Terms of Use and Privacy Policy. 20 minutes is the longest time you should talk. 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. In the event you are very early stage or your growth is not that interesting I would avoid including it. Something inside me told me this was the last retreat I was going to be on, he says. 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. 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 . Back in the mid-1980s the SEC investigated him for insider trading in connection with RCA shares bought before General Electric acquired the company. 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. Square pitch deck from pitchenvy. Do Not Sell or Share My Personal Information, Paramount to pay $122.5 million to settle lawsuit over CBS deal. 2. Check out the pitch deck this AI brand strategy startup used to raise $30 million to . Tech. Great! 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. Then there is the ongoing standoff between agencies and the Writers Guild of America over industry practices. Create a trendy business pitch deck and more with this Company Media Kit Partnership Pitch Deck Template. 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. 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. 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