Ten Thirty-One Productions is nothing but an entertainment corporation which is based in Los Angeles, California. The company is popular for developing immersive and interactive live knowledge. Melissa Carbone set up this company in 2009. 10 31 Productions has produced different types of successful events, along with Great Horror Campout, Los Angeles Haunted Hayride, and The Great Pirate Adventure.
The Ten Thirty-One Productions aims to offer extraordinary and memorable experiences for audiences by mixing up various elements of horror, threats, and adventure to make unique events.
Ten 31 Productions has till now produced a lot of successful horror-themed events such as the Los Angeles Haunted Hayride and Great Horror Campout.
The corporation aims to create outstanding experiences that combine storytelling, live performances, and interactive components to provide attendees with an exciting and remarkable experience.
Ten Thirty-One Productions is an amusement corporation that develops extraordinary, immersive, and interactive adventures, mainly based on Halloween and horror.
Melissa Carbone set up this company in 2009. The company became popular within a short time because of its indictments and events like the Great Horror Campout, the Los Angeles Haunted Hayride, and the Ghost Ship.
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Ten Thirty-One Productions
has become a popular name in every household in the recreation enterprise, with stature for developing some of the most exciting and memorable adventures for its audience.
Ten Thirty-One Productions has created a lot of prosperous events, such as the Great Horror Campout, Los Angeles Haunted Hayride, and the new TEN31 Xperience.
The firm Ten Thirty-One Productions aims to produce extraordinary and thrilling experiences that grab the attention of the audiences and engage them through immersive storytelling, extraordinary production values, and creative technology.
1031 Productions always provides the best quality recreation that leaves a long-lasting effect on its audiences with the help of a highly devoted team of inventive experts.
10 Thirty-One Productions acquired substantial attention in 2013 when Melissa Carbone took part in the popular TV show Shark Tank where she managed to impress a shark and get a deal from the shark named Mark Cuban.
With the help of this investment, 1031 Productions was able to grow its offerings and reach a broader audience.
Ten Thirty-One Productions has managed to carry on to innovate and drive the borders of line horror entertainment offering exciting experiences for lovers of the genre.
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How did Ten Thirty-One Productions Start its journey?
Before becoming successful on Shark Tank, Melissa Carbone became very successful with her Ten Thirty-One Productions. She set up this form in 2009 and the Ten Thirty One Productions revenue was growing impressively. At the time the company was generating nearly $2 million in revenue.
Everything started when Melissa Carbone chose to explore the haunted houses after serving as a talent manager for well-known stars like Britney Spears and Pink.
Melissa has no doubt an inventive vision. That is why she was able to make horrifying practical experiences that grabbed the attention of horror lovers all across the United States very quickly.
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Melisa Carbone set up Ten Thirty-One productions in 2009. She is an entrepreneur in America as well as a producer. Before introducing the firm, Melissa Carbone served various roles in the entertainment industry like producer and talent executive.
A lot of successful live events like the Los Angeles Haunted Hayride, the Great Horror Campout, and The Great Pirate Adventure have been produced by her.
Melissa has gained popularity for her entrepreneurship and leadership, along with being designated one of Forbes’ “Most Powerful Women Entrepreneurs” and obtaining the Los Angeles Business Journal’s “Women Making a Difference” prize.
Melissa also strives for women in business and has expressed herself on panels and at events advertising the leadership and entrepreneurship of women.
Besides working with Ten Thirty-One Productions, Melissa Carbone is also engaged in different philanthropic endeavors, along with working on the board of directors for the Los Angeles Parks Foundation and helping institutions that aid children with cancer.
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What Occurred to Ten Thirty-One Productions Before Shark Tank?
Ten Thirty-One Productions was already a successful company before appearing on Shark Tank in 2013. Melissa Carbone launched this firm in 2009. Before appearing on Shark Tank, the company created a lot of prosperous events like the Los Angeles Haunted Hayride and the Great Horror Campout.
The Los Angeles Haunted Hayride especially had become a famous annual occasion in Los Angeles that grabbed tens of thousands of guests per year. The occasion featured a spooky hayride through a haunted forest and other scary inducements and experiences.
Ten Thirty-One Productions has developed its offerings to incorporate immersive and interactive occasions such as The Great Pirate Adventure. The appearance of the company on Shark Tank brought Ten Thirty-One Productions to a wider audience and delivered extra allocation to help its development and expansion.
From then on, the corporation has constantly produced prosperous rents and developed its offerings along with branching out into virtual and online experiences at the time of the COVID-19 pandemic.
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The inventor of Ten Thirty-One Productions, Melissa Carbons took part in the campus TV show Shark Tank season 5 in 2013. She gave a presentation about her company in front of the sharks very well. She only wanted to secure a deal from the sharks so that she could develop the haunted inducements of the company and events beyond Los Angeles.
At the beginning of the presentation, Melissa introduced herself and her company Ten Thirty-One Productions. She also depicted the focus of her company on producing live horror entertainment experiences.
She gave a short description of the success of the firm at that time by disclosing the remarkable revenue figures and describing the increasing demand for their inducements.
She appealed to the sharks for an investment of $2 million in return for a 10% share in the business. At that time 1031 Productions’ worth was nearly $20 million. Throughout the entire pitch, she highlighted the scalable character of the business and the possibility for development in other markets all over the United States.
The sharks got intrigued after hearing the concept of the business and the passion of the founder for her business. A few sharks were concerned about the seasonal nature of the business and the valuation.
But Mark Cuban found that there is a high possibility in the company and that is why he gave a proposal. He was ready to make an investment of $2 million in exchange for a 20% share in the business. He made the proposed equity double.
Finally, Melissa Carbone acknowledged the proposal of Mark Cuban. The contract is supposed to be one of the largest investments made on the Shark Tank show.
The company Ten Thirty-One Productions was able to develop its operations and reach a larger audience with the help of the investment of Mark Cuban.
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Most people want to know what happened to ten thirty-one productions after Shark Tank.
Ten Thirty-One Productions came up on the renowned TV show Shark Tank in 2013. There the founder of the company represented her business in front of potential investors.
Finally, Ten Thirty-One Productions managed to get an investment from Mark Cuban on the Shark Tank show. Mark Cuban proposed to invest $2 million in the business in return for a 29% share.
The company was able to grow its operations and produce ever more ambitious horror experiences. The company constantly produced new events like the Los Angeles Haunted Hayride, the Great Horror Campout, and the “Urban Death” show with the help of the fund received from Mark Cuban. It was also emerging in new markets.
After appearing on Shark Tank, Ten Thirty-One Productions started to grow more and they also expanded their offering after the show. They started to create new and creative horror attractions like the “Urban Death” show and developed their area beyond Los Angeles to other cities all over the United States.
Melissa Carbone declared in 2018 that The Halloween-themed entertainment company, Great American Nightmare, was going to purchase Ten Thirty-One Productions. The investment enabled the firm to proceed with creating extraordinary, startling experiences for horror lovers while developing its resources and capacities.
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1031 Productions Shark Tank update
After coming up on Shark Tank in 2013, Ten Thirty-One Productions managed to get a deal of $2 million from Mark Cuban. Mark Cuban is a billionaire investor and also owns the Dallas Mavericks.
With the help of the investment, the company was able to grow its offerings and expand its business. Ten Thirty-One Productions proceeded with producing prosperous events along with the Los Angeles Haunted Hayride and the Great Horror Campout, as well as new events such as Escape Campervans and The Rise of the Jack O’Lanterns.
The firm also developed virtual and online experiences at the time of the COVID-19 pandemic, along with virtual haunted experiences and online escape rooms.
However, Ten Thirty-One Productions encountered a lot of economic problems in 2018 and pointed to Chapter 11 bankruptcy safety.
The firm noted a decrease in attendance and income due to economic struggles. Not only that, but the competition in the industry also increased due to this.
Nevertheless, the company was capable enough to restructure itself and rose from bankruptcy and has proceeded with producing prosperous events in the years after that.
The company indeed encountered a lot of challenges after Shark Tank but it has proceeded with innovation and adapting in the ever-evolving entertainment industry and servers as a popular producer of immersive and interactive experiences.
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Most people ask: ‘Is Ten Thirty-One going out of business?’ No, the company has not yet made a plan to cease its operations. Ten Thirty-One Productions is still in business. The company indeed encountered a lot of financial problems and it filed for Chapter 11 bankruptcy protection in 2018. However, the company successfully restructured it and won over bankruptcy.
The company made a few modifications like the purchase by Great American Nightmare, but they were nonetheless creating live horror experiences and events.
The company has carried on producing property events and growing its offerings along with branching out into virtual and online experiences at the time of the COVID-19 pandemic.
The company keeps serving as the most popular producer of immersive and interactive experiences like the Los Angeles Haunted Hayride and The Great Horror Campout.
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How much are Ten Thirty-One Productions worth?
When the company appeared on Shark Tank, Ten Thirty-One Productions’ net worth was around $10 million. As of 2023, we do not know the 1031 Productions’ net worth as the company has been sold in 2020. But we have found that after appearing on the Shark Tank show, Ten Thirty-One Productions has encountered incredible development and conquest.
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What is the net worth of Melissa Carbone?
The founder of Ten Thirty-One Productions, Melissa Carbone’s net worth is nearly $7.6 million.
Ten Thirty-One Productions’ Reviews
Ten Thirty-One Productions was sold for a long lawsuit to Thirteenth Floor Entertainment Group. A fog machine fell on a customer in 2014 for which a Ten Thirty One Productions lawsuit was filed.
To settle the 1031 Productions lawsuit the company was sold. That is why all the shows are now shown under the name of Thirteenth Floor Entertainment Group. However, Melissa is still associated with networking and all the projects of the firm.
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What are the advantages of Ten Thirty-One Productions?
These types of entertainment firms were the best way of getting amusement until several years before when they made an incredible recovery. All this was possible due to the intellectuals of people like Melissa.
What are the disadvantages of Ten Thirty-One Productions?
Due to the COVID-19 pandemic, a massive industrial-level problem was created for organizing live shows for nearly two years. We are expecting that Halloween this year will be celebrated the way it was celebrated before the global pandemic.
The failure of Ten Thirty-One Productions is an unexpected accident. Though the company is now sold to one of the biggest haunted house firms, the founder Melissa is still associated with the company now. The company is now serving under the name of the firm which acquired it.
Who are Ten Thirty-One Productions for?
The entertainment firm Ten Thirty-One Productions focuses on arranging various shows based on Halloween. That is why it targets those people who love horror, drama, haunted house plays, and ghoulish theatre plays.
You may also get an outstanding experience from the seasonal shows. Furthermore, you may purchase premium tickets for 30 people to enjoy the show personally with your pals.
Are there any alternatives?
A lot of live haunted house companies show their performance each year in their nearby places. Moreover, you may go across the city to have a better horror experience. Added to it a lot of people purchase props over at Amazon and make their backyard shows for children in the community.
What is the effect of Shark Tank on Ten Thirty-One Productions?
After appearing on Shark Tank, Ten Thirty-One Productions has experienced incredible growth. The company was able to appoint 150 people from five states and produce a few of the most complicated horror shows in the nation after getting the investment from Mark Cuban. The company was present in more than 20 cities along with Los Angeles and New York City.
Melissa chose to sell her company to Thirteenth Floor Entertainment Group in January 2018 from which she as well as Mark Cuban got a huge return.