Cohen converted SAC Capital to Point72 Asset Management, a vehicle to invest his own wealth. Core values. What did Disney actually lose from its Florida battle with DeSantis? CAAs trio of cochairmenBryan Lourd, Kevin Huvane, and Richard Lovetthad already led the agency through a 15-year period of tremendous growth, and their contracts were set to expire within a half dozen years. 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. 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. 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. 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. That is your direct sales pitch straight to the potential customer. Hundreds of thousands of developers . 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. He became known as a trophy hunter, applying his trading acumen to that of collecting, often rocking the art market in the process. In fact, this pitch deck had only 10 . One of the best storytelling methods for funding pitches is to use customer examples. Nonprofit pitch deck. 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? Description. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Buffer pitch deck. The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. And the agencies have been working on succession plans. 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." . 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. . Education partners. He was flush following Entertainment Ones $4 billion sale to Hasbro and launching a new talent management firm. TVs top-rated drama may wrap as cocreator Taylor Sheridan pursues yet another franchise extensionthis one starring Matthew McConaughey. 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. A 20-page deck on the company's plans was leaked, widely, under the heading Moxie Media. U.K.-based Amadeus Capital Partners and Austria's Apex . The 2023 Hollywood Issue: Selena Gomez, Austin Butler, Florence Pugh & More. We want to take a deep, personal approach to our clients work while continuing to deliver great results. The timing certainly checked out. After all, clients who havent worked in the past half year wont love having to pay more for representation. 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. 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. You might have pitched investors and raised funding, but a sales pitch is a completely different art, not to mention pitching to potential partners! It should contain slides outlining the features and offers of your media services company. Range Media Partners Entertainment Providers Beverly Hills, California 4,403 followers Empowering exceptional talent into unlocking their full global value in all business areas. This will in turn create massive opportunities to drive direct to consumer businesses in a post Covid-19 world.. There are no big paychecks, the insiders said. So, I would have followed him anywhere. But what happens when theyre gone? Meanwhile, the #MeToo and Black Lives Matter movements forced a reckoning at the agencies over their part in perpetuating systemic discrimination. Year after year he maintained double-digit returns. 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. That was denied by insiders, who said motivations were the skin in the game equity stake, an opportunity to work with a crew whove been close friends despite many of them being competitors in the past, and a chance to try something disruptive while they were young enough. We saw an opportunity to jump-start a company with a client list that would rival even the most powerful management company pretty quickly.. Ive always wanted to do this. We have the venture capital expertise, we have business development expertise, we have the data analytics, were spending an enormous amount of time in Web3 and understanding what the potential of it is and how that impacts artists communicating their stories to the world, Micelli says. Based on this experience, I'll share what I've learned about creating a . The mail room remains one of the best places to learn the entertainment business, and agency leaders say they dont have a problem recruiting for those jobs. Paul Sawers. With the old guard holding on to power, younger talent reps are shaking up the industry by changing lanes. 3. 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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. Proptech. Pitch Deck - Template Dashboard is a multipurpose Powerpoint template perfect for your business or personal use. Nonprofit. Corinne McCarthy, SEO & Online PR Specialist @ Web Talent Marketing. There is a great article about their fundraising journey and how they pivoted from an accelerator model to a VC here: You have a product, you're ready to get out there and start selling! There's thousands of high-quality images in . An agency pitch deck is a presentation used to explain what your social media agency offers to new potential clients. The company says its construct will foster a company culture grounded in inclusion, respect, and fairness. SHOW 50 100 200. 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.. 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. 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. Total fundraising numbers for each startup in the list below are according to PitchBook data . Ranges data set has been instrumental in client negotiations, whether its demonstrating their financial value to a media conglomerates library. 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. The pitch deck goes into detail about what your services include and the benefits that you believe (or know!) Or, businesses may choose to make their press kits available as static, downloadable resources, like a presentation deck . He donated $1 million to Trumps inaugural committee. This can range from revealing your pricing tiers, to announcing a sexy partnership with a big player in your market. 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. |. There are plenty of people who are still quite happy working their way through the talent agency system. 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. Last Funding Type Corporate Round. Range also collaborated on digital marketing strategies for her hair care line Flawless. Were not acting as agents at all, he says. The company offers in-house production, brand development, and representation services, enabling artists to get the opportunities they seek. 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. All of the principals will be given an unspecified ownership stake. 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. 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. Sometimes you inherit a kingdom, sometimes you build one. Companies like Netflix and Disney have increasingly been buying out talents back-end participation in favor of upfront fees, curtailing an agencys profit if a show becomes a runaway success. When talked about the best SaaS pitch decks, Buffer hands down takes the top position. We have the utmost gratitude to those that have nurtured and supported our work for years, and we look forward to our continued collaboration. This slide describes the overview of the brand Partnership Company which includes: Mission, vision. After his windfall, Micelli had offers from agencies: But I just kept coming back to, Why work for anybody again? 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. 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. The 42 Best Romantic Comedies of All Time, The 25 Best Shows on Netflix to Watch Right Now, Jay Penske's Media Takeover Takes its Next Step With a Major Investment in Vox Media. The terms pitch deck, investor pitch deck and business plan presentation are used synonymously. Strategy #1: Keep It Short and to-the-Point. Keep it snappy. Media Pitch Deck Examples. Signup for Breaking News Alerts & Newsletters. Lovett began reminding staff that 60 was the new 40, according to two sources. 1. But who will the next generation be if younger agents keep changing lanes, though? 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. Event. Build for 2030. The pandemic has forced the shutdown of TV and film productions while live shows have been canceled or postponed. What happens when someone wakes up one day and realizes they dont want to be an agent anymore? 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. Engaging Content Marketing for Boring Industries from Market MindShift. The distinction between agents and managers can seem nebulous, but there are key differences. Surge Ventures. Best Pitch Deck Examples & Analysis to Help Build Pitch Decks for 2023. He also presented the structure of the perfect pitch deck: Title Slide