Introducing: A Cutting-Edge Entertainment Complex
Join MEGAVISION in shaping the future of entertainment.
The current facility is located in Irving between Dallas and Ft Worth. As one of the best event venues in the DFW area, the facility also hosts exclusive live sports entertainment including professional boxing, wrestling, MMA and Muai Thai!
The facility is conveniently located just fifteen minutes from downtown Dallas and 25 minutes from the DFW airport. This location is ideal for bringing talent and crews into the Soundstages and Performance Venues.
Megavision is raising capital to cash-out current partners and convert this single operating venue into a multipurpose media & entertainment facility, with:
- 90,000 sf of Entertainment and Soundstages
- 4 Soundstages
- 1 Automotive Stage
- Recording Studios
- 2 Restaurants
- 5 Bars
- Audio/Video Production throughout the building
Overview
The Ask
Acquisition
Use of Funds
- Total Amount: $12 M
- $27M Replacement Value
- Instrument: Convertible Note or Terms Negotiable
- Term: 1-year
- Interest Rate: 8%
- To Date: $3 M Bridge Loan
- SJ Irving Property, LLC (100% Real Estate)
- Southern Junction Irving, LLC (100% Operations)
- $10M Invested to Date (the Buyout)
- Cash out Current Partner
- Property Upgrades
- Equipment
- Staffing
- Strategic Partnerships
- General Corporate Needs
The Opportunity
While most industries prepare for an economic slowdown, video production is experiencing an ongoing boom fueled by consumer demand and many more streaming platforms who are now production companies including; Netflix, Amazon, Hulu and many more.
Value Proposition
Explosive Growth in a Scaled Category
Top 10 Incetivized Markets
Enormous Room for Expansion
Despite taking a hit from COVID-19, the U.S. film industry is expected to experience a CAGR of 8.3% between 2021 to 2027.
Pre-Pandemic, Hollywood contributed $504 billion to the U.S. GDP.
In 2020, Film Entertainment revenue amounted to $25.9 billion.
As of 2020, the U.S. movie industry is worth $91.83 billion.
And this has continued to grow throughout the Pandemic, despite theater closures. The industry is expected to have a CAGR of 4.1% from 2018 to 2025.
In order to boost in-state movie productions—which often help the local economy—each state across the U.S. offers tax benefits to filmmakers.
As Cable and Satellite decline in the U.S. and steaming continues to grow, major streamers must continue to produce superior content to compete in the subscription wars.
This will continue shortage of soundstages creating GREAT OPPORTUNITY.
Competitive Analysis
Competitive Advantage: SWL Venue is our Sizzle, The Soundstages is the Steak
- Venue
- Established 1981
- 150,000 sf
- Fort Worth, Texas
- Distance 26 miles
- Open to public
- Recording Label
- Venue & Soundstages
- Relaunch, Refurbish & Expand
- 75,600 sf
- Irving, Texas
- Live Audience Soundstage and Venue
- 4 Soundstages
- Recording Studios
- Event “Syndications”
- Venue
- Established 1981
- 92,000 sf
- Dallas, Texas
- Distance 19 miles
- Booking and Tickets Only
The Facility
Our Mission
Our goal is to create an innovative media network by combining live venues with managed soundstages and recording studios.
This differentiator allows our ownership group to identify, acquire, and convert large venues into highly profitable multipurpose facilities.
Our standards for investing:
- Market: Heart of mega-metro area w/ high-wealth populus.
- Access: Convenient to 2 major airports.
- Society: Wholesome Midwest influence.
- ROI: Cashflow and EBITDA positive.
- Equity: Real Estate assets fully secure investment.
- Backbone: Access to high-speed internet & streaming.
STUDIO WEST LIVE
Initial Rendering – after property updates.
Revenue Model
Studio West Live’s 1st year will derive revenues from the Multiple Profit Centers.
(Conservative assumptions available upon request.)
- Food Truck Park is on acreage across the street.
- Farmers Market is held on 4 acres of parking space during non-conflict hours.
- The main venue will have several retail stores available to merchants desiring access to our upscale clientele for live events.
Television Team
Ted Ellis – Investor – Director
From 2002-2015, Ellis enjoyed a prolific career at Corus Entertainment in Toronto. He served in various capacities, including VP, Programming, Women’s and Family (W Network, W Movies, OWN Canada, CosmoTV, CMT Canada, ABC Spark and Sundance Channel Canada); VP, Head of Programming Kids and Family (YTV, Treehouse, Nickelodeon Canada, ABC Spark, CMT Canada); VP Dockside Productions; VP Programming KidsCo International Channel Group; VP Programming for Max Trax digital music service, VP Corus/Sony Music record label.
Lee Abrams – Chief Creative Officer
Lee is a co-founder of SiriusXM Satellite Radio and is an American media executive who has held a number of posts for large and influential companies and is generally credited with developing the Album Oriented Rock format first heard at WQDR Raleigh and thereafter providing services with hundreds of radio stations across the country.
Claire Adams – Executive Producer
Executive Producer, Canada’s Got Talent. Claire is one of North America’s leading content executives with extensive experience in creating, operationalizing and leading big impact and high-stakes broadcast events and new media businesses.
Her career has spanned across a variety of sectors in Canada and the US, where she’s created and led more than 4000 hours of award-winning linear and non-linear content, spanning genres such as live broadcast (awards, sports, event, red carpet, music, global telethon) daily (studio, talk), commercials (TV and digital), reality, documentary, news, food, shiny floor, competition, podcasts (brand and editorial), global events, brand content, and much more.
Cliff Dumas – VP of Media Broadcast
Operating Partner, Local First Media managing 23 FM Radio Stations in 5 US Markets. Cliff Dumas has won multiple CMA and ACM broadcast award winner. He is a CCMA Hall of Fame broadcast inductee, multiple CCMA award winner and Board Member. Cliff is also multiple “Mark Award” winner for excellence in broadcast television marketing.
Cliff launched the CMT Network in Canada and wrote, produced and was the imaging voice for the network for close to 18 years.
Corporate Team
David Kraus – Managing Partner
Known for creating one of the first live streaming systems inside of Facebook in 2010 with over 1M viewers in 4 days.
CEO of MEGAVISION providing C-Suite services to upcoming companies. Investor/partner in radio and broadcast companies.
John Raymond, MBA – CFO
MBA in finance, consulting with 100’s of Companies. Results driven leader who enjoys collaborating to identify process improvements and profits. “I enjoy digging into issues and analyzing data for potential trends.”
James Boyd – COO of Food & Beverage
Managing Partner in B&W Advisors. Former Acquisition Partner for Goldman Sachs UIG Group. Formerly COO of Popeyes Louisiana Kitchen, growing the company from 600M in Revenues to 1.2B in revenues over a 12-year period.
Keith Brown – VP of Food & Beverage
Participated in over 1,000 festivals over a 14-year period. Keith has opened and operated 8 restaurants, 3 food trucks and managed a $4M per year catering company with 72 employees. He has served The Rock, Gloria Estefan, and festivals including Ozzfest, Lollapalooza, and motorcycle rallies across the USA.
Ruth Woody – VP of Live Broadcast
Managing Partner at Shout Broadcasting with 30 development experience. Ruth developed one of the first Cloud Based Broadcast Systems. Her clients include NFL, MLB, NHL, & NBA Live Broadcasting. Several accomplishments broadcasting at Super Bowls, World Series and the Stanley Cup.
Advisors
Eric Yoon
CEO of the World’s Largest eSports Channel, ESTV, a dedicated 24/7 linear esports channel and AVOD. Television Korea 24, Inc. (“tvK24“) is based in Los Angeles, CA. tvK24 owns and operates two networks, tvK and tvK2 and a video on demand service, tvK-Pop. tvK is the first 24-hour Korean American network available nationwide as digital basic service. Eric is a member of the NFL Alumni Association.
Shaun Teo
Serial Entrepreneur, strong background in manufacturing, operates multiple businesses including ECUwerks (vehicle tuning), Custom wheel label, Content creation studio, Real estate portfolio and Committee member of the Driven Show Canada
Mark Dreyer
Mark is an Audio / Video Producer, director, editor who can take charge and be a positive leader and problem solver, or be an helpful associate to others. https://nashvilleconnection.com
- Clips: https://vimeo.com/markdreyerproductions
- Mike Tyson +x3 DANCE FIT & more https://www.youtube.com/user/MarkDreyerProduction
Larry Unser
300 affiliates across the country use our service. Over 80 RFN Meteorologists and Weather …RFN provides “recorded live” mp3 quality weather forecasts, in every daypart, seven days a week.
https://radioforecastnetwork.us
Josh Leng
Talk Media Network (TMN) is an entertainment syndication company that specializes in the development, distribution, and marketing of high quality talk radio shows and features. Serving over 1620 Programming Affiliates.
https://talkmedianetwork.com
Investment Protection
Investment Protection
Safety Net
Return on Investment
IS MY INVESTMENT SAFE?
Yes. It’s backed by substantial real estate value.
WHAT HAPPENS IF…?
If required, the investment can be liquidated at a profit to satisfy investors.
The First Priority is to protect our investors.
WILL I MAKE MONEY?
Yes. Holdings are in an LLC (pass-through-entity) allowing profits to be passed through each year as K1 income.
Disclosure
The material in this presentation is general background information. It is given in summary form, does not purport to be complete, and should not be considered advice or a recommendation to anyone, including investors or potential investors, about holding, purchasing or selling any securities or other financial products or instruments. Before taking any such action, one should consider the appropriateness of all information having regard to those matters and seek independent financial advice. All securities and financial products and instrument transactions involve risks, including but not limited to adverse or unanticipated market, financial or political developments, and currency risk in international transactions. This presentation may contain forward-looking statements including but not limited to intent, belief or current expectations with respect to SJ Irving Property, LLC and Studio West Live businesses, operations, market conditions, financial condition, capital adequacy, specific provisions and risk management practices. Readers are cautioned not to place undue reliance on these forward-looking statements. SJ Irving Property, LLC and Studio West Live and its principals assume no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the occurrence or impact of any event or circumstance after the date hereof. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative way. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside control of Studio West Live and its principals. Past performance is not a reliable indication of future performance.
