A 20-page deck on the companys plans was leaked, widely, under the heading Moxie Media. 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. Other. 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. 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. Then there is the ongoing standoff between agencies and the Writers Guild of America over industry practices. Create. 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. Log in 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. Because of the secrecy, chatter in Hollywood circles has focused on a potential management war for clients as well as Cohens past legal troubles. Instead, one managers success with a client resonates to others in the firm via a shared pool of commissions. Press slide. The formation of Range two years ago is the dictionary definition of disruptive, and it was fraught with painful farewells to mostly receptive former colleagues. Yeah, we remember that Sunday well, says Jack Whigham, who left CAA for the new opportunity. Training. A media kit is also known as a press kit. Description. 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. The other point of skepticism by shade-throwers was to note that billionaire backer Cohen had contributed to the inauguration of President Donald Trump, no beloved figure in Hollywood. Find top employees, contact details and business statistics at RocketReach. Some sources say a new breed of managerspeople whove been agents and understand dealmakingwill challenge them for primacy. 2. SHOW 50 100 200. 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. This can range from revealing your pricing tiers, to announcing a sexy partnership with a big player in your market. Its healthy for everybody when things shake up a little bit, he says. Operating Status Active. To revist this article, visit My Profile, then View saved stories. Tech. 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. 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. The defections, sparked by factors beyond succession in some cases, started with a trickle. 20 minutes is the longest time you should talk. The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. All Rights Reserved. We were all stretched pretty thin in our previous lives, says Whigham about changing up from an agent to a manager. Less than two weeks after SACs settlement with the SEC, Cohen bought Picassos Le Reve for $155 million from Steve Wynn. All Rights Reserved. It should contain slides outlining the features and offers of your media services company. 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. 2023 The Hollywood Reporter, LLC. As of July, Point72 had $17.2 billion assets under management. Word of Cohens involvement in the new management venture drew surprise in liberal Hollywood, particularly in light of Cohens support for Donald Trump. Connect. At Range however, partners have equity stakes and discretionary bonuses are eliminated as theyre often a bone of contention. Still, both agents and managers are bracing for what will almost certainly be a rocky year. 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.. Social. The pandemic has forced the shutdown of TV and film productions while live shows have been canceled or postponed. The rep business was also in flux, with the WGA bent on eradicating the packages and affiliated productions that had increasingly fueled agency coffers. In short, it "makes software work better.". You have a product, you're ready to get out there and start selling! 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. We want Range to be a place where partners, artists and clients can come and say, You know what? Event. Range Media Partners is an Entertainment company located in US with 126 employees. Buzzfeed Pitch Deck Example. 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. 11:00 PM PST February 21, 2023. mechanicsburg accident yesterday; lee chamberlin cause of death; why do geordies call cigarettes tabs; tui management style; duggar couples ranked. 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. 10. Ready to create an effective social media marketing pitch deck? The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Email pitch example #6. A Great Sales Deck can Make or Break a Deal. - Crafted potential client pitch decks for agents to present in talent meetings The money hit the account on August 4, 2020, before anybody had even agreed to join Range. This market is growing at a 15% rate. Nylas is all about efficiency. But who will the next generation be if younger agents keep changing lanes, though? This slide describes the overview of the brand Partnership Company which includes: Mission, vision. The unanswered question in the announcement today is what clients the new company will start with, and whether those who already have managers will be open to splitting commissions with other managers, or leave their existing agencies. The management world was shaken up, as well as the agencies. Insiders paint a different picture, with sources saying the company is being collaborative and following a non-poaching rule. Hes certainly a controversial figure, said Tom Nunan, a former network and studio executive who teaches at the UCLA School of Theater, Film and Television. Discover communities . Square pitch deck from pitchenvy. 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. 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. He also presented the structure of the perfect pitch deck: Title Slide 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. For our 29th annual Hollywood cover, a dozen captivating young stars gather for the after-party of our dreams. (Docusend reports that readers spend an average of just 2 minutes and 45 seconds reading a pitch deck!) Awards. Cohen was never charged. There is a great article about their fundraising journey and how they pivoted from an accelerator model to a VC here: But can Rushfield and coconspirator Janice Min scale his scrappy newsletter into a big business? Media kits may live fully-online as responsive online press pages. This is the moment where your audience needs to be saying "shut up and take . The company offers in-house production, brand development, and representation services, enabling artists to get the opportunities they seek. I was giving up a lot and risking an enormous amount. How to create a social media marketing pitch deck. Even one person crossing the line into illegal behavior is too many and we greatly regret this conduct occurred.. Two former agents from UTA and WME, Ben Jacobson and David Stone, recently launched the Framework Collective to manage TV writers. Some industry heavyweightsJennifer Lawrence and Leonardo DiCaprio among themhave done without them for years. 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. 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. Back in the mid-1980s the SEC investigated him for insider trading in connection with RCA shares bought before General Electric acquired the company. 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. During a pitch, you need to have a pitch deck as your visual aid. It is close to what one of Hollywoods biggest, most established management-production companies, 3 Arts, sold for in 2018 after 27 years in the business. Average Series A round: $7.3 million. 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. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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. Paul Sawers. Walmart - Flipkart Pitch Deck. 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. 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. The Post reported that a pitch deck to investors from Range Media (previously under the name Moxie Media) pointed out that the agency business is in "free fall," and, "there has never been a . Many businesses at present use a pitch deck as their way of presenting a quick overview of a plan for investors. Year after year he maintained double-digit returns. Statement yellow elevator pitch example. 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. But Cohens enviable success had long been the subject of speculation on Wall Street. Pitch deck. Thats something that I didnt have time for at my previous job.. Nonprofit pitch deck. 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. To keep up with the changing landscape, the agencies have chased growth. We want to take a deep, personal approach to our clients work while continuing to deliver great results. Famous sales pitch decks to inspire your pitch. Send us a tip using our annonymous form. A pitch deck is a brief presentation, ranging from 10-20 slides, that provides an overview of your business. From Chris Rock to the SAG Awards. To make things even better, their charts use different colors for each statistic. Revolut Pitch Deck. But what happens when theyre gone? The company is committed to providing equity to all founding staff, at every level, and recruiting and representing a diverse group of perspectives and backgrounds. European VC firms Amadeus and Apex partner for 80m early-stage 'deep tech' fund. An agency pitch deck is a presentation used to explain what your social media agency offers to new potential clients. Best Pitch Deck Examples & Analysis to Help Build Pitch Decks for 2023. Rian Johnson, Halle Berry, and More Share Their Inspiration, From the Archive: The Man Who Kept Marilyns Secrets (1991), Listen toVFsLittle Gold MenPodcast for Unrivaled Awards-Season Coverage, 2023 Cond Nast. 20 Pitch Decks from Well-Known Media Startups. We were just thinking about what was needed.. 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. All rights reserved. After the agencies fight with the Writers Guild of America, during which thousands of writers fired their agents, some (like Lost cocreator Damon Lindelof) never hired them back. And the agencies have been working on succession plans. Justin Izzo. That takes strategy.. Here's your step-by-step guide. We found out that there are 101,680 online retailers who fit this profile so the total estimated obtainable market size is $750 million. Trumps Relationship With Jared and Ivanka. Cannabis. The menand, yes, theyre still all menwho run the top agencies know better than to act alarmed about defections. Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. What happens when someone wakes up one day and realizes they dont want to be an agent anymore? All. 1 of 21. 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. 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. Shyamalans projects are being supported with music and soundtrack needs through Ranges in-house label. 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. And thats assuming that talent even want an agent. The deck was written by Micelli, the former 23-year CAA vet who had just exited as eOne's Chief . Seven years later Cohen was running his own division at Gruntal. The reader should be able to get the gist of your pitch without getting bogged down in time-consuming details. 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. 2023 Deadline Hollywood, LLC. Leaving CAA felt much like a divorce, Micelli tells me. 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. 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. Stacy Perman is a Company Town reporter working on investigations and enterprise stories covering the entertainment industry for the Los Angeles Times. People are also insisting, as they seem to do every few years, that the movie star is dead, which means fewer new clients. 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. Were not acting as agents at all, he says. 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. Strategy #5: Build an Emotional Connection. Range also signed Flight Attendant EPs Meredith Lavender and Marcie Ulin, and is working on a visual branding that jibes with their stories. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. The timing certainly checked out. However, he is perhaps best known for having been the subject of one of the governments most high-profile insider trading investigations. We all have the same promise to each other, which is like, lets go take a shot and build something.. Deadline is a part of Penske Media Corporation. SEOmoz Pitch Deck makes excellent use of charts and graphs to illustrate data. The terms pitch deck, investor pitch deck and business plan presentation are used synonymously. 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. Send us a tip using our annonymous form. 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. Hollywood loves a comeback story, as long as you ask for redemption, and I dont know if that is Mr. Cohens style. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. 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. Short franchise elevator pitch example. Crypto / Web3. Wherever there are thrones, there are games. Here are nine steps to creating a standout pitch deck. Below is an example from mobile payment service Square, which actually exhibits "best," "base," and "worst" case financial scenarios. Range Media Partners would extend beyond the de rigueur of TV and film representation, catapulting clients brands into areas such as Web3, E-gaming, NFTs, social media and venture capital. Range Media is also reportedly cash-flow positive over the last five months. Effective startup elevator pitch examples. Choose from any of our free pitch deck templates and confidently present your product or service to investors, partners, or potential clients. I've created fundraising pitch decks for dozens of companies and have used them to successfully raise almost $700 million of total capital, including more than $40 million of pre-seed equity for startup companies. 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. A brand pitch deck should be no longer than 10-15 pages. Lovett, Lourd, and Huvane are now in their 60s. I fell in love with Pete very quickly, says Rich Cook, whod run the motion picture literary department at WME. 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. The Los Angeles Art World Is Having Its Gilded Age Moment. The launch comes amid a wide range of blows buffeting the talent business. 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. Step 1. 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. 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. Microsoft Partner Community. Artists have spent their careers building other peoples assets, not building themselves into their own assets, says managing partner Bruss, who has worked extensively with Gabrielle Union. Looking beyond film and TV, Range also steers its clients on a mlange of areas including, but not limited to brand incubation and business investments. It focused on describing . 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. It's one of the most perfectly designed pitch decks ever made. Proptech. Strategy #1: Keep It Short and to-the-Point. 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. 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.. The pitch deck is an example of how basic and . The collapse of the syndication market in television has slashed back-end profits, a lucrative source of income. There are plenty of people who are still quite happy working their way through the talent agency system. 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. Take a good start by demonstrating details for the brands that want to enter into Partnership Company. 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. Michael Ovitz was the best agent ever and even he failed, the partner noted. Its their agency. Signup for Breaking News Alerts & Newsletters. Check out the pitch deck this AI brand strategy startup used to raise $30 million to . And it's the pitch deck that made Airbnb into the $385-billion startup that it is today. 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. Page. In 2018, berconnected talent rep Michael Kives headed out on his own. 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. 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. 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. Guy Kawasaki's Pitch Deck Template. 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. This approach can help investors understand the general range of the projections, and can appeal to conservative and optimistic investors alike. Strategy #2: Make It All About the Customer. No one denies that the guys atop CAA, WME, and UTA are powerful. The Wall Street Journal dubbed him the hedge fund king. Cohen was known for assiduously following the market, placing high volume bets on small fluctuations in stock prices. Hundreds of thousands of developers . Buffer. He donated $1 million to Trumps inaugural committee. Keep it snappy. The company also plans to generate revenue by offering in-house production services. 907 followers . 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. 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. 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 more we are able to sit down with clients and unearth other dreams, the more the promise of our company really comes to fruition.. 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.