Revry

Revry

Premier Global Streaming Network for the World's LGBTQ Community

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Security Type
Crowd Note
Categories
Other
Min Investment
$500
Location
Glendale, CA
Offering Date
January 21, 2019
Expected Close Date
April 21, 2019
Target Raise
$250.00K-$3.00M
Deal Notes

Conversion discount: 10.0%

Company Description

Premier Global Streaming Network for the World's LGBTQ CommunityWe started Revry because we saw the need for truly authentic entertainment made for the ever-growing queer community as it is: diverse, outrageous, ground-breaking, and global. In the past, TV channels and VOD services that claimed to represent queer people tended to water down our community, often only focusing on gay white males and superficial stories. Given the size of the LGBTQ+ market ($917 billion in the US and $3.7 trillion worldwide), luckily the new digital age of TV has created an opportunity to disrupt the old TV model and to introduce new upstart voices into the mix to redefine niche TV for a new generation.Revry aims to be the new voice of queer entertainment. More than just TV and film, Revry is breaking the mold by showcasing LGBTQ+ music artists, short films, digital series, and boasting one of the largest queer podcast networks in the world. But Revry is so much more than a simple content platform for a niche audience–Revry is a community. This is why Revry is a lifestyle brand: our mission is not about distributing LGBTQ-themed content; it’s about sharing genuine queer culture with the world. Towards that end, Revry has expanded into 100+ countries, with a reach of 35 million, has closed hundreds of content contracts totaling over 4000 hours, and has streamed over 21 million minutes to its global audience.Since our launch, Revry's unique mission, diverse team of founders, and innovative approach to distribution have been covered by major media outlets including WIRED Magazine, MacWorld, and the Hollywood Reporter. This year, Tubefilter stated that "Revry is making its mark in the niche SVOD world” and Instinct Magazine has written that Revry is “dedicated to showcasing the best entertainment spanning the breadth of the entire queer experience."

Perks

$500 (“Ally”) – A free subscription to Revry.
$1,000 (“Super Ally”) – All the above plus a thank you on social media.
$5,000 (“Ultimate Ally”) – All the above, plus an exclusive Revry T-Shirt and 3 DVDs of Revry Originals.
$10,000 ("Bronze Star") – All of the above, plus VIP access to Revry’s next live music, screening, or industry event and a personal phone call with the CEO of Revry.
$20,000 (“Silver Star”) – All of the above, plus inclusion in the "Special Thanks" in the credits of the next Revry Original;
$50,000 ("Gold Star") – All the above, plus an Executive Producer credit in the next Revry Original.
$100,000 ("Platinum Star") – All of the above, plus a paid trip to the Revry Headquarters in Los Angeles for the next Revry Original Premiere and a dinner with the four co-founders.

Key Deal Facts

Distribution into an estimated 35M homes via current distribution channels, including Pluto TV and Xumo.
Key strategic projects and partnerships including those with Funny or Die, YouTube Space, The Trevor Project, and Outfest.
Holds one of the largest LGBTQ-focused streaming content libraries in the world with global rights and hundreds of closed content contracts.
Notable investors include Arlan Hamilton, Founder of Backstage Capital.
Past collaborations include celebrities Ryan Murphy, Dan Reynolds (Imagine Dragons), Tegan Quin (Tegan & Sara), Gigi Gorgeous, and Tyler Oakley.

Use of Proceeds

Programming: 47%

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Operations: 30%

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Marketing: 13%

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Ad Sales: 10%

Management Team / Advisory Board Bios

Damian Pelliccione - Chief Executive Officer
Damian worked as head of business development for live-streaming German based company Make.tv. Previously he worked for international brands including Chevrolet and Cadillac, developing and creating new media opportunities to promote their car line ups at live events and auto shows across the US and in Europe. In the digital media sphere, Damian has produced numerous web projects, short films, feature films, commercials and ARG marketing campaigns. He created and hosted the popular Entertainment and Tech Mixer New Media Vault. Damian is formerly an Adjunct Professor at Columbia College Chicago, has lectured at University of Southern California, Los Angeles Film School and BAU University Istanbul Turkey amongst others. A member of The Producers Guild of America New Media Council, Damian formerly served as a member of the Broadband Committee and The LGBT National Committee at The Screen Actors Guild. Damian is also an acting member of The Television of Arts and Sciences [Emmy's] Interactive Peer Group and also a member of IAWTV [International Academy of Web TV].

Alia J. Daniels - Chief Operating Officer
Alia J. Daniels is a business and entertainment attorney who represents clients in the digital entertainment space. Alia holds bachelor's degrees in Music and Mass Media as well as a Juris Doctorate from Loyola Law School. After gaining experience at several entities including NBC Universal, Alia found her niche at the intersection of entrepreneurship, digital media and law. Alia was named to the Southern California Rising Stars list by Super Lawyers for four consecutive years (2015, 2016, 2017, and 2018) and is a featured speaker on legal and business issues in the digital entertainment industry. A proven producer of web series in her own right and having serving as digital strategist for several digital media projects, Alia brings her manifold talents in support of Revry.

LaShawn McGhee - Chief Product Officer
LaShawn is an award-winning editor whose work has screened as official selections at international film festivals, including the St. Tropez International Film Festival and the Belgian Film Festival. LaShawn graduated from the American Film Institute with an MFA in film editing and is a member of Women In Film Los Angeles and the IATSE Local 700, as well as being actively involved in Ava Duvernay’s ARRAY film movement. LaShawn brings her experience of working on feature films (Selma, The Leisure Class) and broadcast television (Girl Rising, A Chance to Dance) to Revry. Her technical skills are matched only by her passion for sharing the unique voices and stories of the LBGTQ community with the widest audience.

Christopher Rodriguez - Chief Business Officer
A producer and entertainment attorney with a background in reality television and digital media, Christopher received his bachelor degree in Political Science from UCLA in 2007. The recipient of the 2008 Scholar’s Award to Loyola Law School, Christopher went on to graduate with his Juris Doctorate degree in 2011. Christopher possesses wide-ranging experience in reality television production and has acted as legal counsel on a myriad of award-winning shows including Shark Tank, Deadliest Catch, Jay Leno’s Garage, The People’s Choice Awards, and Storage Wars. Christopher joins Revry having represented web television content creators and produced festival-featured digital media productions.

Deal Notes

Conversion discount: 10.0%

Amount Raised : $348,640
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Security Description

A Crowd Note modifies the typical convertible note so that the crowd does not automatically convert to equity shareholders on the next financing and remain off the issuer’s capitalization table, but the crowd will still participate in any exit as if they had converted to equity. If there is no future financing, the holders of the Crowd Note still have upside, but could miss out significantly.

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