. 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. 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. An agency pitch deck is a presentation used to explain what your social media agency offers to new potential clients. Pitch Deck - Template Dashboard is a multipurpose Powerpoint template perfect for your business or personal use. 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. Tech. 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. 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. In July, CAA said it was laying off 90 agents and furloughing 275 staffers. The deal calls for A+E Studios to become a co-production partner for scripted TV projects emerging from Range. So, a consortium of agents from CAA, UTA, WME and other firms, repping such A-listers as Bradley Cooper, Tom Hardy, Keira Knightley, Emilia Clarke and Ramy Youssef, decided to embrace change, not fear it. Buffer is a social media scheduling platform that helps you schedule content for Facebook, Twitter, LinkedIn, and Pinterest. He was flush following Entertainment Ones $4 billion sale to Hasbro and launching a new talent management firm. Our Favorites. The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. 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. Square pitch deck from pitchenvy. 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. The Los Angeles Art World Is Having Its Gilded Age Moment. One Tuesday afternoon in November, Ranges Santa Monica headquarters hums with an energy thats rare for most postpandemic offices. 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. It's one of the most perfectly designed pitch decks ever made. SEOmoz Pitch Deck. A week after their high-profile exits, agents who represented A-list clients ranging from Michael Bay and Margot Robbie to Zac Efron and Tiffany Haddish have launched Range Media Partners, a new management and brand development company. With this animated .pptx template presentation you will be able to make a dynamic presentation that will captivate your audience. Cohen converted SAC Capital to Point72 Asset Management, a vehicle to invest his own wealth. Engaging Content Marketing for Boring Industries from Market MindShift. 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). But can Rushfield and coconspirator Janice Min scale his scrappy newsletter into a big business? 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. With this animated .pptx template presentation you will be able to make a dynamic presentation that will captivate your audience. 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. Social. 1 of 21. Here are nine steps to creating a standout pitch deck. Guy Kawasaki's Pitch Deck Template. 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. Agents wear nice suits and drive fancy cars, but its not all its cracked up to be, says a source. Long heralded as the most successful trader of his generation, the venture appears to be his first major entertainment investment. Nonprofit pitch deck. Talent agencies including WME, CAA, UTA and ICM Partners have undertaken severe cost-cutting measures such as layoffs, furloughs, hour reductions or salary cuts. Walmart - Flipkart Pitch Deck. In a joint statement, the founders said, We are incredibly proud to begin this exciting adventure together. Lovett began reminding staff that 60 was the new 40, according to two sources. Email pitch example #6. Surge Ventures. Range Media also represents a shift for Cohen, whose net worth Bloomberg estimates is $10.1 billion. To revist this article, visit My Profile, then View saved stories. 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. 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. Page. Less than two years since their launch, Range Media Partners is now valued at an estimated $300 million. Currently we have 800 paying customers who are paying us $200/month. Below is an example from mobile payment service Square, which actually exhibits "best," "base," and "worst" case financial scenarios. Its just an ever-changing time in the industry, says another person who recently left a plum agency job. 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. 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. 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. Strategy #3: Show What Your Product or Service Can Do. By 2011 he was managing $12 billion. Also, Wetzel is bringing Michael Shannon as part of his stable. 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. 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. That takes strategy.. 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. On Wednesday it was announced that Cohens Connecticut-based venture fund, Point72 Ventures, is helping to bankroll a new Los Angeles-based management and production firm, Range Media Partners. 20 Pitch Decks from Well-Known Media Startups. 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. 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. They seem more engaged than ever, having just guided CAA through a turbulent few years that saw a ferocious battle with Hollywood writers, a crippling pandemic, and a $750 million acquisition of rival agency ICM Partners. Now, Cohens past is an open book because he is now in exclusive negotiations to buy the New York Mets baseball team. 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. 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. The founders are taking financial hits on making the move, but it could pay off in the long run. And if talent are forced to make hard choices, are they more likely to dump their agents or their managers first? And it's the pitch deck that made Airbnb into the $385-billion startup that it is today. In the early 2010s, the leaders of Hollywoods most powerful talent agency, CAA, began telling senior agents that the kingdom would someday be theirs. Check out the pitch deck this AI brand strategy startup used to raise $30 million to . With the old guard holding on to power, younger talent reps are shaking up the industry by changing lanes. 2023 Deadline Hollywood, LLC. |. But Cohens enviable success had long been the subject of speculation on Wall Street. Download Our Free Guide: The Perfect Pitch Deck. Log in After all, clients who havent worked in the past half year wont love having to pay more for representation. 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. 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. 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. March 27, 2022. So did Peter Micelli, the cohead of CAAs television department, who departed to join independent studio Entertainment One. Luckily, we've got all the answers for you! Here is a media pitch example that earned a placement on CNBC's website (cnbc.com) for a client of Web Talent Marketing. We are generating $1.92 million in annual revenue. While theyre barred from negotiating dealsthats the domain of agents and lawyersthey can do things that agents cant, like producing and personally investing in a clients tequila empire, say. The agencies, with their recently diversified businesses, seem well insulated. 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. 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. Cohen was never charged. The company says its construct will foster a company culture grounded in inclusion, respect, and fairness. In the event you are very early stage or your growth is not that interesting I would avoid including it. Core values. Are you tasked with using content to market a "boring" industry, and feeling envious of those who get to promote "fun" industries? 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. Download Our Free Guide: The Perfect Pitch Deck. We have the utmost gratitude to those that have nurtured and supported our work for years, and we look forward to our continued collaboration. 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. Instead, one managers success with a client resonates to others in the firm via a shared pool of commissions. Nonprofit. Famous sales pitch decks to inspire your pitch. Why Netflix is dabbling in livestreaming, Desperate mountain residents trapped by snow beg for help; We are coming, sheriff says, Newsom, IRS give Californians until October to file tax returns, 15 arrested across L.A. County in crackdown on fraudulent benefit cards, Column: A transgender patients lawsuit against Kaiser is a front for the conservative war on LGBTQ rights, After a rough 2019, Hollywoods talent agencies brace for more uncertainty, range of blows buffeting the talent business, How strong is Dominions defamation case against Fox News? Discover communities . We were just thinking about what was needed.. The results: Their pitch deck helped them raise $321.5M in funding and estimated annual revenue of $79.2M. 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. The reader should be able to get the gist of your pitch without getting bogged down in time-consuming details. Pitch decks are used by startups to convince investors to invest in their product. 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. TikTok's pitch deck is a massive 39-slide presentation covering all aspects of the company and its platform. But many pivot to management, where they can focus more on building a clients career and less on landing them their next job. It should contain slides outlining the features and offers of your media services company. Ted Donaldson, Young Actor in Father Knows Best and A Tree Grows in Brooklyn, Dies at 89, Fede Alvarezs Alien Movie Rounds Out Cast (Exclusive), Zombies Star Milo Manheim Joins Eli Roth Horror Thriller Thanksgiving (Exclusive), Nicole Kassell, Nicole Perlman Tackling Medusa for Amazon Studios (Exclusive), The Great Agency Exodus: Top Reps Flee the Majors As Management Civil War Looms, Guest Column: Alec Baldwins Rust Prosecutors Should Do Their Talking in Court, Sofia Carson on Preparing to Perform With Diane Warren at the Oscars: I Still Pinch Myself, Miley Cyrus to Perform Songs From New Album on Disney+ Special Miley Cyrus Endless Summer Vacation (Backyard Sessions), Guns N Roses, Arctic Monkeys Join Elton John as Headliners of Glastonbury Festival, Novelist Julianna Baggott Launches Production Banner, Wayne Shorter, Jazz Saxophone Pioneer, Dies at 89, Star Hairstylist Jen Atkin Reveals Must-Have Hair Tools, Tutorials and Pro Tips In New MasterClass, Rihannas Puma x Fenty Is Coming Back Heres Where You Can Still Buy Those Cult-Fave Creepers, The Best Bridesmaid Dresses for Every Budget, From Under-$100 Gowns to Hollywood-Inspired Classics, BTS Army: Heres When and Where Legos Dynamite-Inspired Set Arrives Online and In Stores, The Big Lebowski Turns 25: People Didnt Get It, Jeff Bridges Recalls, How the Landscape of Native-Led Stories Has Changed Between Avatars: Were Flexing Our Sovereignty, The Definitive Voice of Entertainment News. And thats assuming that talent even want an agent. 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. 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. Mint. The money hit the account on August 4, 2020, before anybody had even agreed to join Range. Managing partners took sizable pay cuts to leave their agent gigs, but none of the people I speak with express regret. July 10, 2021. Corinne McCarthy, SEO & Online PR Specialist @ Web Talent Marketing. The entertainment community is such a special collection of hardworking artists and personalities, and we are honored to work alongside everyone.. Operator of a talent agency intended to offer curated representation. But the rise of streaming, the decline of cable, and the erosion of the theatrical business have cut into those fat paychecks. Each of us brings something unique and impactful to the table that contributes to our companys mission and overall success. What happens when someone wakes up one day and realizes they dont want to be an agent anymore? A 20-page deck on the companys plans was leaked, widely, under the heading Moxie Media. But what happens when theyre gone? Guy Kawasaki created his 10-20-30 rule for Pitch Deck which means: 10 slides are the optimal number for a presentation. Stay away from negative press unless you can show you've changed those negative opinions. In 2020, CAA created a board of top agents to help manage the agency. Now, Cohens name has been thrust into the Hollywood limelight. We got to a place where we were thinking about what was needed, not just creating a competitor for competitors sake, Micelli says. A 20-page deck on the company's plans was leaked, widely, under the heading Moxie Media. From Chris Rock to the SAG Awards. 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. European VC firms Amadeus and Apex partner for 80m early-stage 'deep tech' fund. The document is closer to Jerry Maguires mission statement than an actual business plan, but it nonetheless was a bit barbed toward the status quo and provided a glimpse into areas a new company might be able to monetize. 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. 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 This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Education partners. Here's your step-by-step guide. Step 1. Short franchise elevator pitch example. 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. A 30-point font is the smallest font size you should use on your slides. So, I would have followed him anywhere. This can range from revealing your pricing tiers, to announcing a sexy partnership with a big player in your market. Send us a tip using our annonymous form. The new firm was bankrolled by hedge-fund billionaire and future New York Mets owner Steve Cohen, via his early-stage capital firm Point72.