Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. Average Series A round: $7.3 million. (His family is residing in Lake Tahoe for the duration. 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. Instead, one managers success with a client resonates to others in the firm via a shared pool of commissions. Pitching is the first step in onboarding new clients into your media company. The money hit the account on August 4, 2020, before anybody had even agreed to join Range. Seven years later Cohen was running his own division at Gruntal. Microsoft Partner Community. 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. But who will the next generation be if younger agents keep changing lanes, though? Its their vision. A 30-point font is the smallest font size you should use on your slides. 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. Its a hard change. 2023 Deadline Hollywood, LLC. 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. 3. Guy Kawasaki created his 10-20-30 rule for Pitch Deck which means: 10 slides are the optimal number for a presentation. July 10, 2021. Check out the pitch deck this AI brand strategy startup used to raise $30 million to . If they dont run screaming from the industry altogether, some become executives, others producers. Here is a media pitch example that earned a placement on CNBC's website (cnbc.com) for a client of Web Talent Marketing. Form And Sustain A Business Partnership Agenda For Form And Sustain Ppt File Deck PDF. 2. 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. By initiative. It is close to what one of Hollywood's biggest, most established management-production . Subscribe for full access to The Hollywood Reporter. 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. E-Commerce. The Sales/Partner Pitch - Donna Griffit Operating Status Active. 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. This is the moment where your audience needs to be saying "shut up and take . 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. Phone Number +1-424-403-1500. 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. This week, Cohen, who has a minority stake in the New York Mets, entered into exclusive negotiations to buy the team, besting a consortium led by Alex Rodriguez and Jennifer Lopez, CNBC reported. 20 Pitch Decks from Well-Known Media Startups - Failory 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. There is a great article about their fundraising journey and how they pivoted from an accelerator model to a VC here: 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. We saw an opportunity to jump-start a company with a client list that would rival even the most powerful management company pretty quickly.. All of the principals will be given an unspecified ownership stake. 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 . 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. For his part, Micelli says hes focusing on growing Range into something he can pass on to the next generation. Buffer. But what happens when theyre gone? We want Range to be a place where partners, artists and clients can come and say, You know what? I needed a new energy. At Entertainment One, he got a crash course in running (and selling) a company. They're a must-have element and without one, it's difficult to get funded. Lovett, Lourd, and Huvane are now in their 60s. You may occasionally receive promotional content from the Los Angeles Times. By subscribing, I agree to the Terms of Use and Privacy Policy. Event. 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.. Nonprofit. Rushfields sharp-tongued missives have earned him a bold-faced subscriber list. 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. This slide describes the overview of the brand Partnership Company which includes: Mission, vision. That means managers can potentially make more money, especially at a time when stars all seem to crave the same new status symbol: a billion dollars. It has been nearly two years since a group of the best and brightest young agents and partners told their bosses they were stepping away from their million-dollar salaries to follow former eOne strategy officer and CAA television veteran Peter Micelli and be the founding partners of a new management company, Range Media Partners. Justin Izzo. From Seed to Series C: 19 Startup Pitch Deck Examples - Cirrus Insight In your startup pitch deck, you need to get the team slide right Strategy #3: Show What Your Product or Service Can Do. Range Media also represents a shift for Cohen, whose net worth Bloomberg estimates is $10.1 billion. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. I fell in love with Pete very quickly, says Rich Cook, whod run the motion picture literary department at WME. Build for 2030. In the event you are very early stage or your growth is not that interesting I would avoid including it. you can offer. He was flush following Entertainment Ones $4 billion sale to Hasbro and launching a new talent management firm. It's where you have to convince them that your services can benefit their company. Alto Pitch Deck. Create a trendy business pitch deck and more with this Company Media Kit Partnership Pitch Deck Template. Dozens of employees lounge on chairs and couches inside the airy building, where not even the partners keep permanent desks. Its their agency. 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. 907 followers . This begged the question for Range Media Partners about what they might be able to exploit. Julian has created over 400+ articles about a wide range of topics e.g., math, biology, chemistry, history . 40 All-Time Best Digital Marketing Slide Decks - Sujan Patel range media partners pitch deck - forwardmerchantfunding.com Step 1. Some industry heavyweightsJennifer Lawrence and Leonardo DiCaprio among themhave done without them for years. SEOmoz Pitch Deck. Doesn't Anybody Want to Be an Agent Anymore? | Vanity Fair He also presented the structure of the perfect pitch deck: Title Slide How Richard Rushfields The Ankler Took on Hollywood. At Range, shes producing a film that Ilana Glazer cowrote about an unplanned pregnancy. Forget that the last three years even happened, and its still arguably harder to be an agent right now than at any other time. Meanwhile, the #MeToo and Black Lives Matter movements forced a reckoning at the agencies over their part in perpetuating systemic discrimination. 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 started thinking about what was needed, and Range started to form in my headoh, the markets are changing this way and new technologies are coming that are gonna shift content distribution again, and theres a bunch of little things we can do to create a better culture and a better environment, Micelli 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. I had an incredible business there and left at the height of my career. The Range partner/owners arent the only top notch partners who spent their careers building at major agencies and moved onto management concerns. But the new generation soon realized that coronation day was further off than they expected. We were just thinking about what was needed.. 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. Brand Pitch Guide for Creators: Deck and Email Templates TikTok's pitch deck is a massive 39-slide presentation covering all aspects of the company and its platform. Many businesses at present use a pitch deck as their way of presenting a quick overview of a plan for investors. Agents wear nice suits and drive fancy cars, but its not all its cracked up to be, says a source. Range Media Partners Launches Sports Division, Sets Will Funk As - MSN You have a product, you're ready to get out there and start selling! Download Our Free Guide: The Perfect Pitch Deck. 10. Its their agency. 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. Ad Choices. CAA ostracized Ovitz, hurting AMGs ability to package series and movies. Based on this experience, I'll share what I've learned about creating a . 30 Legendary Startup Pitch Decks (+10 Free Templates) - Piktochart 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. A pitch deck is a brief presentation, ranging from 10-20 slides, that provides an overview of your business. 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 . We have never seen more high-end representatives ready to leave these institutions.. 22 Pitch Decks from Notable Social Media Startups. 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. Discover communities . For our 29th annual Hollywood cover, a dozen captivating young stars gather for the after-party of our dreams. Surge Ventures. 50m fund, focus on seed investments in energy. The Best Pitch Deck Templates for 2022 - Paid and Free - Master Bundles 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. One such investment is with A+E Networks, which recently took a high-teens stake in the firm for $50M. 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. Managing partners took sizable pay cuts to leave their agent gigs, but none of the people I speak with express regret. The upstart management company that Deadline revealed on August 23 would be launched by Pete Micelli with principal backing from hedge fund billionaire Steve Cohen, now has a name Range Media Partners additional new backing through Microsoft CMO Mich Matthews-Spradlin and Grubhub founder/CEO Matt Maloney. In short, it "makes software work better.". Buzzfeed Pitch Deck Example. Education partners. Deadline called the news a bombshell. An insider told The Hollywood Reporter that such an exodus was unheard of. During the battle with the WGA, CAAs Lourd argued in a legal declaration that the ongoing dispute had made agency clientslike Lindelof, who signed with Rangeripe for poaching.