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@newslycontentrecaps
Blackstone launches The Co-Lab
At their Saturday launch event, Blackstone Artists Management announced the creation of the “Blackstone Co-Lab”. A collaborative incubator with one sole purpose - supporting show creators and writers in the development of their new TV shows.
“The Blackstone Co-Lab merely provides the lattice work - upon which our creators can hang their ideas. Within this supportive environment, the creators, and their teams, take it from there”, said Jonathan Bell, the head of the company.
After 6 months of incubation, Blackstone extends a handful of invitations to their ‘day of first-looks’. The projects are spotlighted and presented at the “Co-Lab Combine”. Sort of like the NFL combine, but for TV and video content. The invitees see the presentations, before anyone else in the entertainment industry.
Hiroshi Masamane (of Ishiguro Capital) referenced in his intro, the fact that the Co-Lab is already in the beta-test phase with streaming and crowd funding sites -- specifically for Blackstone projects. At the launch, many postulated, those new technologies will be the focus of Blackstone’s next launch event in the autumn.
Mr. Masamane commented, “We’re impressed with the business plan, strategy, and vision for the scalable growth of Blackstone. Assembling a nest of sister sites, that offer many entryways into one big streaming space - this is a smart strategy. More value, focus and unique services to Blackstone clients, through the launch of the new Blackstone Co-Lab.”
Identifying fresh voices, that appeal to international audiences, Blackstone is attracted to stories that take people to the limits of human experience, and the storytellers who can take us there.
"The crazy ones are always the innovators, and they push stories, technology, and genres to the next level. I have a deep affection for the people we work with, and I believe no great endeavor - no great collaboration - can succeed without this key ingredient”, Mr. Bell emphasized during his splashy, center-piece, digi presentation for the industry crowd.
Blackstone is already in motion, collaborating with clients on the final drafts of 3 TV pilots, a feature film, and a video blog.
Mr. Bell concluded the launch festivities on a high note. He emphasized, “Our primary goal is to unite our storytellers with their audience, to unite our creators with their audience — not a brand, but rather a bond. Moving forward together — building careers with longevity. The Blackstone Co-Lab is - simply put - their personal launch pad.”
The Upside / Schuyler Walden
IMDb Blackstone Info
The Wall Street Investor
Digital Times
NewsWire
Pasadena Star News
Economy Watch
Gazette Professional
The Wall Street Journal
Bell Rings in Blackstone
Ηe has a hawkish eye for talented filmmakers with fresh voices, and a good nose for tracking down stories that are both smart, and profitable in the international market.
Jonathan Bell is a new-gen exec who parlayed his filmmaker relationships to a logical segue into personal management: Blackstone Artists Management.
A management and production company, Blackstone takes a two pronged approach. They cross-pollinate their clients with their ever-growing slate of projects. Projects that are developed in the Blackstone Co-Lab: TV series; feature films; video blogs; documentaries; and live "experiential events".
An example of the “nouvelle concept” category – precisely what venture capital firms are searching for. VC companies recognize that Blackstone can’t be duplicated or cloned.
Blackstone has a barrier, that surrounds and protects the company, and a low cash burn-rate. Providing a long runway for Blackstone to grow and expand.
Immune from extrinsic market sector changes. Risk is amortized and spread over diverse international content sectors, and a long list of projects. Content with universal appeal, made for every international territory.
International demand for content is skyrocketing due to the massive need to fill more-and-more digital pipelines. Content is king. Blackstone is tailor made to be an international IP and content factory.
Bell has a solid reputation as a steadfast champion for talented creators, and true to his Asian business roots, a loyal team-player.
Blackstone is a “we” culture. He said, “So many people are involved in the making of a movie or TV show. If you want to be singled out – write a book”.
In an industry where discourtesy and double-talk have reached the level of an art form, Jonathan Bell has come to represent a new breed. He has quietly gained a reputation as a straight shooter.
Smart, film literate, savvy and impeccably polite. Not to mention, a refreshing aversion to personal publicity.
Hollywood is changing, technologies are evolving, and Bell is in perfect harmony with this new era. He’s aggressive to be sure, but in a way that makes you smile.
At Fuji he changed the culture — to a forward-looking, relationships-based, team-first model. Profits skyrocketed. From numbers on a spreadsheet — to life-long clients, and life-long collaboration.
This is how he turned things around, and built a formidable success. Fuji is one of the great success stories in the evolving digital era. The Japanese conglom flourishes with a slate of new video streaming and digital innovations, a bigger financing footprint in worldwide entertainment, and an enormous IP portfolio.
“At Blackstone, we support established creators, who have a body of meaningful work. Work that earns the trust, earns the attention, and builds a bond with their international audience. Work that always matters, but is never boring”, Bell noted.
When asked about his personal tastes he said, “Taking our audience to the extremes of human experience. And emotion . . . authentic emotion is the new punk rock. Very unpopular with the intelligencia. Taking our audience through an emotional experience, and leaving them with a big idea.”
Known for his eclectic mix of pals – (like photographer Lauren Lovette; ‘Brandalism’ street-artist “Shrink”; and Hong Kong film director Chuan Lu) – Bell feels at home in the Venice street-art scene; the Los Feliz cine-geek dives; and the office suites of Beverly Hills.
When we chat about our favorite TV shows, he reminds me of a kid rummaging through a trunk of new toys. Refreshing. Optimistic. Smart, and right in his wheelhouse.
Blackstone – a new shingle with a trending upside.
Tara Rosenberg / Newsly Film
IMDb Blackstone Info
The Wall Street Investor
Digital Times
NewsWire
Pasadena Star News
Economy Watch
Gazette Professional
Wall Street Journal
Why Personal Management Firms Are the New Prize Asset
Venture Capital Firms are taking meetings with personal management companies for 5 reasons: Low-cost entry points; low-cash burn rates; stable cash flows; steady growth; and of course, the big upside potential in streaming TV.
With exploding demand for TV streaming content, personal management firms can develop, package, co-finance, produce and deliver — which creates a much bigger upside, and significant profit margins.
Personal management has matured into a sophisticated business, and there’s confidence in the capital markets.
A management and production company takes a two pronged approach. They cross-pollinate their clients with their projects: TV series; feature films; mini-series; video blogs; and live entertainment.
Unlike agents, personal managers can produce projects with their clients, which has become a flourishing business, and a solid business strategy. This generates packaging fees and backend percentages.
The payoff can be much bigger than the old commission-only business. The HBO TV series “True Detective” is one of many recent examples.
The old commissions-only model placed little emphasis on self-financing, and the old model left a lot of money on the table.
Financing is the key ingredient. The more money a management company brings to a project, the more it can negotiate leverage from a network. The big money is in retaining rights to sell a TV series internationally.
Consider that neither Adam Sandler nor Reese Witherspoon enjoy first-look deals with a movie studio or TV network. Both are extremely busy producers, and both are very busy actors.
Who else will actors, directors, writers and producers be able to turn -- in order to develop their numerous projects. Answer - a well-funded personal management company.
That’s a big opportunity in a content hungry world !
Upside News
Gavin Polone: Personal Managers
When I started as an agent in 1987, talent managers were most commonly thought of as appendages of musicians and a minority of actors.
If someone said “Manager” to me back then, I would have thought of Colonel Tom Parker, who guided the career of Elvis Presley. The majority of actors and practically all writers, directors, and producers only had agents, who not only found jobs and set up projects on behalf of their clients, but also were hand-holders and career strategists.
Now, a very high percentage of writers, directors, and producers have managers, and those who don’t, are thinking about getting one. Everyone has a personal manager, including actors. It’s a new era.
The reason for this change can be found in the news reports written about talent agencies these days - most of which involve a cycle of mergers between talent agencies, acquisitions of international sports firms, vicious battles between the big agencies, and agencies investing in tech start-ups. All to the detriment of their clients.
The agencies focus on their corporate ambitions, and frequently ignore the most basic needs of their TV and Film clients. So today, small is the new big. Personal managers are the new protectors, partners and confidants of the talented little artist.
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