Ten Thirty One Productions Shark Tank Net Worth 2023
Ten Thirty One Productions Shark Tank Net Worth
The valuation of Ten Thirty One Productions was $20 million during the pitch. After the investment by Mark Cuban, the company valuation was reduced to $10 million.
It is not possible to determine the net worth of the company in 2023 as the company was acquired in 2020. However, it is known that Ten Thirty One Productions has experienced tremendous growth and success since appearing on Shark Tank in 2013.
Mark Cuban invested $2 million for a 20% stake in the company, which was the largest investment made on Shark Tank at that time.
Cuban has stated that this investment has been one of his most profitable deals from the show, with Ten Thirty One Productions making at least half a million dollars in profit annually.
The company grossed more than $30 million in sales in 2018, and currently has six brands including two Hayrides, a film outlet, a haunted cruise Ghost Ship, a live action horror film experience during the summer called The Great Horror Campout, and Great Horror Movie Night outings scattered throughout the year.
What is Ten Thirty One Productions? Who is the founder of Ten Thirty One Productions?
Ten Thirty One Productions is an American entertainment company based in Los Angeles, which specializes in creating and producing live horror attractions.
One of its most popular events is the haunted hayride that takes place every fall in Griffith Park.
The ride, which costs $30 per ticket, takes passengers on a terrifying journey through the park, with local performers dressed as ghosts, witches, and creepy clowns.
The company was founded in 2009 by Melissa Carbone, a former executive at Clear Channel Communications, and Alyson Richards.
Carbone’s goal was to create the best haunted hayrides possible, and she has since scared over 100,000 people with Ten Thirty One Productions events.
In addition to the haunted hayride, the Los Angeles version also features a maze and a “Purgatory Side Show section,” both of which require an additional fee. Private wagons can also be rented for groups of up to 30 people for $1,325.
Although there were plans to bring the Haunted Hayrides to New York, it doesn’t seem likely to happen this year.
Ten Thirty One Productions Shark Tank Pitch
In season 5 episode 9 of Shark Tank, Melissa Carbone and her team from Ten Thirty One Productions made a dramatic entrance to pitch their company to the Sharks.
Carbone asked for a $2 million investment in exchange for a 10% stake in her company, which was valued at $20 million.
The Sharks were greeted by a group of actors, including a zombie, who showcased the company’s popular LA Haunted Hayride attraction.
Although the Sharks were impressed by the company’s success, some were hesitant to invest due to concerns about the valuation and the ability to meet sales targets.
However, Daymond John made an offer of $2 million for 40% ownership of the company, which was later countered by Carbone to $2 million for 20% equity. Mark Cuban ultimately accepted the deal, which was the largest in Shark Tank history at the time.
Since the show aired, Ten Thirty One Productions has expanded to New York and introduced new experiences such as “Ghost Ship” and “Horror Camp outs.”
The company has also seen a significant increase in sales, making $2 million since the deal with Cuban and expecting to make $4 million in 2015.
Carbone credits Cuban with connecting her to the CEO of Live Nation, who also invested in the company. With around 1000 cast members across various locations, Carbone aims to create the world’s largest horror entertainment firm.
Competitors of Ten Thirty One Productions
The competitors at Ten Thirty One Productions include: The Horror Factory, The Haunt and NYC Halloween Haunted Hayride.
Ten Thirty One Productions Shark Tank Updates
Net Worth of Ten Thirty One Productions
The valuation of the company was $20 million during the pitch. After the investment by Mark Cuban, the company valuation was reduced to $10 million. Since then the company have been performing well and hence the company net worth might have increase.
Ten Thirty One Productions Shark Tank Updates
Ten Thirty One Productions is an American entertainment company that creates, owns, and produces live horror attractions. The company was founded in 2009 by Melissa Carbone, a former Clear Channel Communications executive.
Ten Thirty One Productions became known in the Los Angeles area for staging thrilling haunted hayrides each fall. In 2013, Melissa appeared on Shark Tank and asked for $2 million in exchange for 10% equity.
Mark Cuban made the biggest deal in Shark Tank history by offering $2 million for 20% equity. The deal changed the game for Melissa, leaving her beyond excited with more money to work with.
Since making the biggest deal in Shark Tank history, Ten Thirty One Productions has expanded to New York, started their “Ghost Ship” experiences in California, and done a summer tour of “Horror Camp outs”. The company has plans to add several new attractions, including haunted hayrides in Atlanta and San Francisco. The ultimate goal is to have a Ten Thirty One attraction in a city near you.
Ten Thirty One Productions is an American entertainment company that creates, owns, and produces live horror attractions. The company was founded in 2009 by Melissa Carbone, a former Clear Channel Communications executive.
Ten Thirty One Productions became known in the Los Angeles area for staging thrilling haunted hayrides each fall. In 2013, Melissa appeared on Shark Tank and asked for $2 million in exchange for 10% equity.
Mark Cuban made the biggest deal in Shark Tank history by offering $2 million for 20% equity. The deal changed the game for Melissa, leaving her beyond excited with more money to work with.
Since making the biggest deal in Shark Tank history, Ten Thirty One Productions has expanded to New York, started their “Ghost Ship” experiences in California, and done a summer tour of “Horror Camp outs”.
The company has plans to add several new attractions, including haunted hayrides in Atlanta and San Francisco. The ultimate goal is to have a Ten Thirty One attraction in a city near you.
Summary Table for Ten Thirty One Productions.
| ASPECT | DETAILS |
| Company Name | Ten Thirty-One Productions |
| Founder | Melissa Carbone |
| Founded | 2009 |
| Headquarters | Los Angeles, California, USA |
| Industry | Entertainment |
| Specialization | Creating and producing live horror attractions |
| Notable Event | Haunted hayride in Griffith Park, Los Angeles |
| Investment In Shark Tank | $2 million for 20% equity by Mark Cuban (the largest deal in Shark Tank history at the time) |
| Valuation During Shark Tank Pitch | $20 million |
| Valuation After Investment By Mark Cuban | $10 million |
| Competitors | The Horror Factory, The Haunt, NYC Halloween Haunted Hayride |
| Brands | Six including two Hayrides, a film outlet, a haunted cruise Ghost Ship, a live-action horror film experience during the summer, and Great Horror Movie Night outings |
| Net Worth | Not available for 2023 as the company was acquired in 2020; the company experienced tremendous growth since appearing on Shark Tank |
Ten Thirty One Productions FAQs
What Is Ten Thirty One Productions And How Does It Work?
Ten Thirty One Productions is an American entertainment company based in Los Angeles that creates, owns, and produces live attractions in the horror genre.
The company was founded in 2009 by Melissa Carbone and Alyson Richards, and it quickly became known in the Los Angeles area for staging thrilling haunted hayrides each fall. The company’s most popular event is the haunted hayride that takes place every fall in Griffith Park.
Ten Thirty One Productions was featured on Season 5 of Shark Tank, where it received the largest investment in the history of the show.
The company asked for $2 million in exchange for 10% equity, and Mark Cuban offered $2 million in exchange for 20% equity, which Melissa accepted.
However, in early 2018, Ten Thirty One Productions was sued by a patron who suffered personal injuries when a fog machine landed on her hand at Randall’s Island in New York.
The lawsuit was lengthy and ultimately resulted in Ten Thirty One being purchased by Thirteenth Floor Entertainment Group, the world’s largest haunted house company.
What is Ten Thirty One Productions Business Model?
The business model of Ten Thirty One Productions is to help customers create their own horror-themed experience.
Ten Thirty One Productions has created a haunted hayride, a maze, and also a haunted house and they are ready to use other forms of entertainment in future.
Who is the founder?
Melissa Carbone and Alyson Richards founded Ten Thirty One Productions in 2009.
What Was The Outcome Of Ten Thirty One Productions Shark Tank Pitch?
Ten Thirty One Productions appeared on Season 5 of Shark Tank in 2013, where Melissa Carbone pitched her live horror production company to potential investors.
Carbone offered the Sharks 10% of her company in exchange for a $2 million investment, which would potentially be the largest deal on Shark Tank at the time.
Mark Cuban made the biggest deal in Shark Tank history by investing $2 million for a 20% stake in Ten Thirty One Productions. Cuban’s investment helped the company triple its cast and crew to nearly 1,000, and generated $400,000 in revenue during its first year of business.
The company was valued at $20 million during the pitch, but following Cuban’s investment, it was valued at $10 million.
After Shark Tank, Ten Thirty One Productions continued to create and produce live Halloween-themed attractions, including the Los Angeles Haunted Hayride.
The company brought in $3 million in revenue in 2014 and created the New York Haunted Hayride the following year.
There were intentions to bring the Haunted Hayrides to New York, but it does not appear to be happening in 2023.
What Happened To Ten Thirty One Productions After Shark Tank?
Ten Thirty One Productions is an American entertainment company that creates, owns, and produces live horror attractions.
The company was featured on Season 5 of Shark Tank, where it received the largest investment in the history of the show. Mark Cuban paid $2 million for a 20% stake in the company.
Ten Thirty One Productions used the money to expand its business, creating new attractions and expanding to New York. The company also started “Ghost Ship” experiences in California and finished a summer tour of “Horror Camp outs”.
However, in early 2018, Ten Thirty One Productions was sued by a patron who suffered personal injuries when a fog machine landed on her hand at Randall’s Island in New York. Shannon Morris suffered “permanent” injuries according to the suit filed in Manhattan Supreme Court.
The plaintiff sought compensation for her medical costs and damages following the alleged injury. The lawsuit did not involve Mark Cuban, who invested in the company on Shark Tank.
What New Experiences Has Ten Thirty One Productions Introduced Since Appearing On Shark Tank?
Ten Thirty One Productions is an American entertainment company that creates, owns, and produces live horror attractions.
The company was featured on Season 5 of Shark Tank, where it received the largest investment in the history of the show. Mark Cuban invested $2 million for a 20% stake in the company.
Since appearing on Shark Tank, Ten Thirty One Productions has expanded to New York, started “Ghost Ship” experiences in California, and finished a summer tour of “Horror Camp outs”.
The company has also been planning to bring its Haunted Hayrides to New York, but it is unclear if this has happened yet.
In 2020, Ten Thirty One Productions was projected to hit $5 million in revenue. The company’s most popular show is its Los Angeles Haunted Hayride, where ticket-holders are treated to zombie confrontations and demonic hay bales. The company generates revenue by selling tickets to its live horror attractions.
How much was asking on Shark Tank?
Mellissa was asking for $2 million for a 10% stake in her company, which is worth $20 million.
Did she have the deal?
Melissa Carbone is successful in getting the biggest deal in Shark Tank history. Mark Cuban offered her $2 million for 20% equity shares of the company.
Is Ten Thirty One Productions still in business?
Yes, the company is doing great after getting the help from Mark Cuban. Melissa Carbone is planning to take Ten Thirty One Productions to new heights.
Ten Thirty One Productions appeared on which episode of Shark Tank?
On October 25, 2013, Melissa Carbone and her team of terrifying actors from Ten Thirty One Productions visited the Shark Tank in episode 509.
How much money has Ten Thirty One Productions made?
Melissa responded that the venture generated $1.8 million in revenue each fall and described plans to expand beyond the October attraction, such as the Great Horror Campout, in which thousands of campers from ten cities along the west coast would participate in an overnight event that included a terrifying scavenger hunt.
How does Ten Thirty One Productions work?
Ten Thirty One Productions is a company which makes the clients purchase the licenses for haunted houses, for the purpose of creating the illusion that there are ghosts around in haunted houses.
How does Ten Thirty One Productions make money?
Ten Thirty One Productions make money by selling horror attraction facilities.
How much money has Ten Thirty One Productions made in total?
Melissa Carbone has made over $2 million in sales since working with Mark Cuban and she expects to make $4 million in 2015.
Is Ten Thirty One Productions successful?
Yes, Ten Thirty One Productions is successful after getting a lot of investments from Mark Cuban.
How much does it cost to buy a ticket on Ten Thirty One Productions?
A ticket for one hour and a half costs $49.50 for an adult and $39.50 for a child.
Where do I find Ten Thirty One Productions?
Melissa and her team of actors are available for booking to pick up in most parts of the US.
What is the net worth of Melissa Carbone?
Melissa Carbone has a net worth of 7.6 million.
