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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. Cohen was never charged. 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. Pitch Deck - Template Dashboard is a multipurpose Powerpoint template perfect for your business or personal use. Its a hard change. For our 29th annual Hollywood cover, a dozen captivating young stars gather for the after-party of our dreams. The company will launch with three more dealmakers wholl become part owners along with the other agents transitioning to the manager side of the street. 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. 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. Find top employees, contact details and business statistics at RocketReach. Leaving CAA felt much like a divorce, Micelli tells me. Nonprofit pitch deck. 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. Nonprofit. So CAAs leaders-in-waiting asked themselves if they wanted to stick around another decade or two to inherit the agency, at which point some of them would be pushing the new 40. 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. Some industry heavyweightsJennifer Lawrence and Leonardo DiCaprio among themhave done without them for years. A 20-page deck on the company's plans was leaked, widely, under the heading Moxie Media. 2. 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. Ranges data set has been instrumental in client negotiations, whether its demonstrating their financial value to a media conglomerates library. Balance the storytelling element of your presentation with . Meanwhile, the #MeToo and Black Lives Matter movements forced a reckoning at the agencies over their part in perpetuating systemic discrimination. 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. Are you tasked with using content to market a "boring" industry, and feeling envious of those who get to promote "fun" industries? 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. DISPLAYING: 1 - 50 of 604 Items. 2023 Deadline Hollywood, LLC. This approach can help investors understand the general range of the projections, and can appeal to conservative and optimistic investors alike. And thats assuming that talent even want an agent. 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.. Related Categories: Partnership | Business Partnership Proposal | Strategic Partnership | Business Proposal. Subscribe for full access to The Hollywood Reporter. Dozens of employees lounge on chairs and couches inside the airy building, where not even the partners keep permanent desks. European VC firms Amadeus and Apex partner for 80m early-stage 'deep tech' fund. 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 . Core values. Coordinator, Film & TV at Range Media Partners Los Angeles, California, United States. Your pitch deck boils down to the essential elements of your business plan. The deal values Vox Media at half of what it was worth back in 2015, as many in the industry struggle with lagging advertising revenue. 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. In a civil settlement with federal regulators in 2016 Cohen, who was not criminally charged, was barred for two years from managing outside funds. All Rights Reserved. Stacy Perman is a Company Town reporter working on investigations and enterprise stories covering the entertainment industry for the Los Angeles Times. 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. I dont think that theres any management company that thinks Range is anything other than an agency masquerading as a management company to get around the rules, says one longtime manager. 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. From Chris Rock to the SAG Awards. Corinne McCarthy, SEO & Online PR Specialist @ Web Talent Marketing. by | Jun 10, 2022 | preghiera potente per far litigare una coppia | native american owned businesses in arizona | Jun 10, 2022 | preghiera potente per far litigare una coppia | native american owned businesses in arizona . Two former agents from UTA and WME, Ben Jacobson and David Stone, recently launched the Framework Collective to manage TV writers. (His family is residing in Lake Tahoe for the duration. Managing partners took sizable pay cuts to leave their agent gigs, but none of the people I speak with express regret. 3. 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). We all have the same promise to each other, which is like, lets go take a shot and build something.. 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. The rep business was also in flux, with the WGA bent on eradicating the packages and affiliated productions that had increasingly fueled agency coffers. New York-based manager Byron Wetzel also joined last week. 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. 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. We dont necessarily feel its competitive., I just kept coming back to, WHY WORK for anybody again? The range hires surprised the industry. Our Favorites. Short franchise elevator pitch example. What happens when someone wakes up one day and realizes they dont want to be an agent anymore? mcdonalds garfield mugs worth Classic Airbnb pitch deck. Choose from any of our free pitch deck templates and confidently present your product or service to investors, partners, or potential clients. Design. Range Media Partners Entertainment Providers Beverly Hills, California 4,403 followers Empowering exceptional talent into unlocking their full global value in all business areas. 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. As I said about the disruptive power of this idea, I love when there is a very healthy shake of the house. In this case the energy of the different people evolved into this company, the out of the box thinking intertwined with the absolute insiders nature of all people involved was so exciting.. But many pivot to management, where they can focus more on building a clients career and less on landing them their next job. At six foot seven with a broad frame, Micelli, the Range CEO, is hard to miss when he enters a room. He quietly reached out to friends and former coworkers at the agencies to see who might be interested in joining him at this new firm while also pitching his vision to investors. 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. With this animated .pptx template presentation you will be able to make a dynamic presentation that will captivate your audience. 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. She always felt frustrated that, despite working with her clients to develop their careers, she was cut out of the creative process once she brokered deals. 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 . Lovett, Lourd, and Huvane are now in their 60s. The timing certainly checked out. We were all stretched pretty thin in our previous lives, says Whigham about changing up from an agent to a manager. Effective startup elevator pitch examples. Yeah, we remember that Sunday well, says Jack Whigham, who left CAA for the new opportunity. But in 2017, during the agencys annual retreat at a resort near San Diego, Micelli realized it was time to quit. 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. As one former agent puts it, Before, the agents were the most powerful. NEW YORK - March 04, 2022 - A+E Networks, a global multiplatform Media and IP company comprised of some of the most popular and culturally-relevant brands in the entertainment ecosystem, has entered into a strategic partnership with Range Media Partners, which connects with the world's most creatively ambitious talent, brands, and . The Los Angeles Art World Is Having Its Gilded Age Moment. The defections, sparked by factors beyond succession in some cases, started with a trickle. (The agencies later agreed to end the controversial practice and divest most of their majority ownership stakes in production companies.) Hundreds of thousands of developers . There is a great article about their fundraising journey and how they pivoted from an accelerator model to a VC here: 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. Talent agencies including WME, CAA, UTA and ICM Partners have undertaken severe cost-cutting measures such as layoffs, furloughs, hour reductions or salary cuts. 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. Then there is the ongoing standoff between agencies and the Writers Guild of America over industry practices. 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. Agents wear nice suits and drive fancy cars, but its not all its cracked up to be, says a source. 11:00 PM PST February 21, 2023. 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. Event. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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 . 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. Noting that current representation system is broken, lack of transparency has eroded trust, the document made a persuasive argument that a well-organized management venture could find a seam in the marketplace. 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. Keep it snappy. So, theyre going to be more aggressive, more ambitious about a lot of different areas of their life on average, explains Whigham. Rocketreach finds email, phone & social media for 450M+ professionals. In 1999 Ovitz formed Artists Management Group, but after a series of failures he sold it in 2002. Education partners. The 2023 Hollywood Issue: Selena Gomez, Austin Butler, Florence Pugh & More. 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. You have a product, you're ready to get out there and start selling! Now throw in a potential recession and a potential writers strike. Take a good start by demonstrating details for the brands that want to enter into Partnership Company. 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. But the pandemic didnt cause the departures, it just accelerated them. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. Stay away from negative press unless you can show you've changed those negative opinions. Sports. What did Disney actually lose from its Florida battle with DeSantis? Based on this experience, I'll share what I've learned about creating a . Walmart - Flipkart Pitch Deck. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. However, rather than fight the new normal, Range Medias philosophy is to embrace it. The Wide Shot brings you news, analysis and insights on everything from streaming wars to production and what it all means for the future. Its their agency. 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. 20 minutes is the longest time you should talk. Range Media also represents a shift for Cohen, whose net worth Bloomberg estimates is $10.1 billion. 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. 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. One Tuesday afternoon in November, Ranges Santa Monica headquarters hums with an energy thats rare for most postpandemic offices. Phone Number +1-424-403-1500. Revolut 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. Email pitch example #6. 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. It's one of the most perfectly designed pitch decks ever made. Engaging Content Marketing for Boring Industries from Market MindShift. Key Takeaway: The best pitch deck examples use clean, uncluttered slides with plenty of white space. 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. Many businesses at present use a pitch deck as their way of presenting a quick overview of a plan for investors. Signup for Breaking News Alerts & Newsletters. Incorporate images, use a modern color scheme, and insert a pattern for a captivating design. I needed a new energy. At Entertainment One, he got a crash course in running (and selling) a company. The company has also expanded from film and TV into music management, marketing, branding, sports and TV production, as well as more speculative business like Web3 and the metaverse. Nylas is all about efficiency. Operating Status Active. One agent looked at THEIR BOSSES and thought, Oh, you guys are never going to leave. Strategy #5: Build an Emotional Connection. 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. CAA ostracized Ovitz, hurting AMGs ability to package series and movies. Our access to clients, our ability to influence decisions they make and create opportunities for talent and for people who want to work with talentthat makes us powerful, says Zimmer. 1. We want Range to be a place where partners, artists and clients can come and say, You know what? I was giving up a lot and risking an enormous amount. And the agencies have been working on succession plans. Give yourself a boost and start using this template to bring your ideas to your customers/partners. 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. The writer we pitched ended up connecting us with a reporter at CNBC. Because of the secrecy, chatter in Hollywood circles has focused on a potential management war for clients as well as Cohens past legal troubles. In short, it "makes software work better.". By subscribing, I agree to the Terms of Use and Privacy Policy. 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. 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. They're a must-have element and without one, it's difficult to get funded. 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. Trumps Relationship With Jared and Ivanka. It just felt the most appropriate next step for me was to do something that was at least partly mine.. We were just thinking about what was needed.. 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. 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. In 2018, berconnected talent rep Michael Kives headed out on his own. (crickets) Yep - not as easy as it sounds. 1 of 21. 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. 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. This slide describes the overview of the brand Partnership Company which includes: Mission, vision. One such investment is with A+E Networks, which recently took a high-teens stake in the firm for $50M. 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. We still continue to grow, and we still continue to thrive, and we continue to work really well with managers. Research Lead, Dropbox DocSend. Some sources say a new breed of managerspeople whove been agents and understand dealmakingwill challenge them for primacy. Another la carte consultation from Range is in the realm of music. Managers typically have a smaller roster for whom they provide career guidance. Tom Sizemore Dies: 'Saving Private Ryan' & 'Black Hawk Down' Star Was 61; Reactions + Career In Photos. The Range Media Partners team, top from left, Peter Micelli, Rob Whittel, Mackenzie Roussos, Susie Fox, Jack Whigham; middle, Sandra Kang, Mick Sullivan, Matt Graham, Natalie Bruss, Rich Cook; bottom, Chelsa McKinnies Michael Cooper, Byron Wetzel, Dave Bugliari, Rachel Kropa. We would like to show you a description here but the site won't allow us. Buffer. With a current valuation of $50 billion and funding of $9.4 billion, Tik Tok is one of the fastest-growing social media platforms in the world. This market is growing at a 15% rate. 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 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. . SEOmoz Pitch Deck. We want to take a deep, personal approach to our clients work while continuing to deliver great results. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. 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. E-Commerce. The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. With the old guard holding on to power, younger talent reps are shaking up the industry by changing lanes. 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. I was like, Fuck no, its not, says one of them, who recalls thinking, Oh, you guys are never going to leave. 2023 The Hollywood Reporter, LLC. Back in the mid-1980s the SEC investigated him for insider trading in connection with RCA shares bought before General Electric acquired the company. 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. But what happens when theyre gone? The company will be run by a cadre of agents from the big three agencies, CAA, WME and UTA, and aims to upend the representation business. Connect. She also writes about podcasting services, digital media and talent agencies. Training. The management world was shaken up, as well as the agencies. We want to hear from you! 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. The deck was written by Micelli, the former 23-year CAA vet who had just exited as eOne's Chief . Media kits may live fully-online as responsive online press pages. 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. You might have pitched investors and raised funding, but a sales pitch is a completely different art, not to mention pitching to potential partners! Buffer pitch deck. Also, Wetzel is bringing Michael Shannon as part of his stable. 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. This is the moment where your audience needs to be saying "shut up and take . 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. Still, both agents and managers are bracing for what will almost certainly be a rocky year. Thats something that I didnt have time for at my previous job.. You may occasionally receive promotional content from the Los Angeles Times. The menand, yes, theyre still all menwho run the top agencies know better than to act alarmed about defections. Everyone starting with Range Media, including assistants (which in this companys culture are called associates), will have equity in the company. Ari Emanuels Endeavor, meanwhile, has bought up assets as far-flung as UFC, the Miss Universe Competition, Professional Bull Riders, and New York Fashion Week. Here is a media pitch example that earned a placement on CNBC's website (cnbc.com) for a client of Web Talent Marketing. Statement yellow elevator pitch example. Microsoft Inspire. 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. . The pandemic has forced the shutdown of TV and film productions while live shows have been canceled or postponed. Whether you're looking for customer pitch-decks or copy blocks, the marketing assets page lets you filter down to the exact type of content you need . In 2020, CAA created a board of top agents to help manage the agency. The Airbnb pitch deck is a legend among presentation designers. The pitch deck goes into detail about what your services include and the benefits that you believe (or know!) Aside from a start with top dealmakers and strong ground-floor clients, Range began on solid financial footing. This can range from revealing your pricing tiers, to announcing a sexy partnership with a big player in your market.