Sr. Business Affairs Manager at MasterClass

Los Angeles, California, United States

MasterClass Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Media, Entertainment, EducationIndustries

Requirements

  • Law degree (JD or equivalent) with 5–7 years of post-graduate legal experience; a strong foundation from a law firm and 3+ years in-house business/legal affairs experience preferred
  • Proven track record negotiating talent, development, and/or production deals in media, entertainment, or technology
  • Deep understanding of content creation, intellectual property, and media distribution models
  • Strong professional relationships with talent representatives and business/legal affairs executives
  • Exceptional judgment, interpersonal skills, and ability to balance strategic thinking with hands-on execution in a fast-paced environment
  • Superior project management skills with the ability to manage multiple deals and stakeholders simultaneously
  • Demonstrated adaptability in handling matters outside of direct expertise and comfort with ambiguity
  • Ability to work proactively, independently, and reliably under tight time frames in a startup-like environment

Responsibilities

  • Draft, negotiate, and manage term sheets and long-form agreements for instructor and non-instructor talent in connection with the company’s classes and new business initiatives
  • Work closely with all teams (including talent, production, creative, finance, marketing, engineering, and product) to track and advise on talent issues and proposed initiatives
  • Oversee the administration and review of instructor deals as it relates to payments, approvals, and other terms
  • Handle day-to-day business affairs and contractual issues for existing classes and instructors

Skills

Contract Negotiation
Agreement Drafting
Term Sheets
Long-form Agreements
Talent Deals
Deal Management
Legal Review
Business Affairs
Cross-functional Collaboration
Media Law

MasterClass

Subscription-based platform for expert-led classes

About MasterClass

MasterClass offers a subscription-based streaming platform that allows users to access a variety of classes taught by experts in different fields, including Arts & Entertainment, Business, Design & Style, Sports & Gaming, and Writing. Each class consists of around 20 video lessons, each lasting about 10 minutes, enabling users to learn at their own pace. The platform enhances the learning experience with high-quality visuals and practical demonstrations, along with downloadable workbooks to support the lessons. Unlike many other educational platforms, MasterClass focuses on providing insights from renowned professionals, making it appealing to those who want to learn from the best. The goal of MasterClass is to cater to lifelong learners and enthusiasts around the world, offering them the opportunity to gain knowledge and skills from top experts.

San Francisco, CaliforniaHeadquarters
2015Year Founded
$448.8MTotal Funding
SERIES_FCompany Stage
Education, Consumer GoodsIndustries
501-1,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Flexible Work Hours
Company Equity

Risks

Free educational content on platforms like YouTube increases competition for MasterClass.
Economic downturns may lead to reduced subscription renewals for MasterClass.
AI-generated content could diminish the perceived value of human-taught classes.

Differentiation

MasterClass offers celebrity-led courses, enhancing its appeal with renowned experts.
The platform provides cinematic visuals and hands-on demonstrations for an immersive experience.
MasterClass's diverse subjects cater to a global market of lifelong learners.

Upsides

Increased demand for online learning boosts MasterClass's potential user base.
The rise of smart TV usage expands MasterClass's reach through TV apps.
Growing interest in skill-based learning aligns with MasterClass's offerings.

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