(I read it the second I see it pop up, says Richard Plepler.) 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. The pitch deck also included several quotes from the media that helped to validate the company and its current success. One Tuesday afternoon in November, Ranges Santa Monica headquarters hums with an energy thats rare for most postpandemic offices. Below is an example from mobile payment service Square, which actually exhibits "best," "base," and "worst" case financial scenarios. Another la carte consultation from Range is in the realm of music. In short, it "makes software work better.". 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 . The reader should be able to get the gist of your pitch without getting bogged down in time-consuming details. Stay away from negative press unless you can show you've changed those negative opinions. One thing we were seeing was that you have a lot more direct-to-consumer capabilities through digital and online. 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. 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. Send us a tip using our annonymous form. 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 have the utmost gratitude to those that have nurtured and supported our work for years, and we look forward to our continued collaboration. Get our latest storiesin the feed of your favorite networks. 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. Their clients understood their reps sell that this could be the new phase in an ever-shifting Hollywood, with an emphasis on hands-on representation, and a lean into branded opportunities outside their onscreen work. We were just thinking about what was needed.. 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). Less than two weeks after SACs settlement with the SEC, Cohen bought Picassos Le Reve for $155 million from Steve Wynn. The defections, sparked by factors beyond succession in some cases, started with a trickle. In April 2019, the writers union instructed its members to fire their agents who did not sign a deal with the WGA to end the longstanding practice of packaging fees, further eroding a revenue stream for agencies. 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. In 2020, CAA created a board of top agents to help manage the agency. Startups. With this animated .pptx template presentation you will be able to make a dynamic presentation that will captivate your audience. Finally, rumors ran around that the partners were lured away from the major agencies by 7-figure paychecks. 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. This begged the question for Range Media Partners about what they might be able to exploit. Its just an ever-changing time in the industry, says another person who recently left a plum agency job. You may occasionally receive promotional content from the Los Angeles Times. One of the most common mistakes founders make in their startup . So, theyre going to be more aggressive, more ambitious about a lot of different areas of their life on average, explains Whigham. But in 2017, during the agencys annual retreat at a resort near San Diego, Micelli realized it was time to quit. You might have pitched investors and raised funding, but a sales pitch is a completely different art, not to mention pitching to potential partners! There is a great article about their fundraising journey and how they pivoted from an accelerator model to a VC here: Design. Also, Wetzel is bringing Michael Shannon as part of his stable. Slide 1: Overview of Brand Partnership Company. . With this animated .pptx template presentation you will be able to make a dynamic presentation that will captivate your audience. 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. European VC firms Amadeus and Apex partner for 80m early-stage 'deep tech' fund. Surge Ventures. As a leader at one top agency says, COVID was the hundred-year flood, and I think people made decisions about their lives at a scale that youve never seen before.. Proptech. After his windfall, Micelli had offers from agencies: But I just kept coming back to, Why work for anybody again? At Range, shes producing a film that Ilana Glazer cowrote about an unplanned pregnancy. The Los Angeles Art World Is Having Its Gilded Age Moment. Micelli argues that Hollywood just hasnt encountered a management company like Range before. Strategy #5: Build an Emotional Connection. Cohen, who sits on the Board of Trustees at the Museum of Contemporary Art in Los Angeles and Museum of Modern Art Board of Trustees in New York, established a foundation with his second wife Alexandra in 2001 that supports childrens health, education, veterans and the arts. With the old guard holding on to power, younger talent reps are shaking up the industry by changing lanes. Two former agents from UTA and WME, Ben Jacobson and David Stone, recently launched the Framework Collective to manage TV writers. Yeah, we remember that Sunday well, says Jack Whigham, who left CAA for the new opportunity. We are generating $1.92 million in annual revenue. We want Range to be a place where partners, artists and clients can come and say, You know what? 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. In 1999 Ovitz formed Artists Management Group, but after a series of failures he sold it in 2002. Corinne McCarthy, SEO & Online PR Specialist @ Web Talent Marketing. 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. Los Angeles Times on Twitter: "In a 20-page pitch deck to investors . The Dark Scandals and Power Struggles of Sumner Redstone, Les Moonves,and the Companies They Controlled. 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. 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. 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. The initial focus will be on film and television talent, but the company said Wednesday that an additional founding member who will lead a music division will be announced soon. This market is growing at a 15% rate. Incorporate images, use a modern color scheme, and insert a pattern for a captivating design. Shift Pitch Deck. As described in the pitch, Unlocking the power of content creation to turn celebrities into curators. We were all stretched pretty thin in our previous lives, says Whigham about changing up from an agent to a manager. Aside from a start with top dealmakers and strong ground-floor clients, Range began on solid financial footing. I fell in love with Pete very quickly, says Rich Cook, whod run the motion picture literary department at WME. 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.. Insiders paint a different picture, with sources saying the company is being collaborative and following a non-poaching rule. Range Media Partners Entertainment Providers Beverly Hills, California 4,403 followers Empowering exceptional talent into unlocking their full global value in all business areas. One agent looked at THEIR BOSSES and thought, Oh, you guys are never going to leave. . 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. Key Takeaway: The best pitch deck examples use clean, uncluttered slides with plenty of white space. 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. Along with Point72s Cohen wholl supply a substantial minority investment and will be joined by former New York Knicks head coach David Fizdale the other principal investment will comes from former Microsoft CMO Mathews-Spradlin and Grubhubs Maloney. Keep it snappy. 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. Still, both agents and managers are bracing for what will almost certainly be a rocky year. 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. 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. The Wide Shot brings you news, analysis and insights on everything from streaming wars to production and what it all means for the future. Pitch Deck - Template Dashboard is a multipurpose Powerpoint template perfect for your business or personal use. Now, Cohens name has been thrust into the Hollywood limelight. I needed a new energy. At Entertainment One, he got a crash course in running (and selling) a company. Stacy Perman is a Company Town reporter working on investigations and enterprise stories covering the entertainment industry for the Los Angeles Times. Meanwhile, the #MeToo and Black Lives Matter movements forced a reckoning at the agencies over their part in perpetuating systemic discrimination. SHOW 50 100 200. . Nonprofit pitch deck. 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.
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