What happened to Jarrett & Raja Productions after the Shark Tank pitch?

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What is Jarrett & Raja Productions?

Jarrett and Raja Productions specializes on magic and musical entertainment.

Who are the Founders of Jarrett & Raja Productions?

The Company’s musical magicians are Jarrett and Raja. Magician Jarrett Parker was schooled by Charles Reynolds, the creative brain behind Doug Henning and several Broadway shows, and studied under the legendary Harry Blackstone, Jr.

He and Raja are currently collaborating with renowned magic expert Johnny Thompson’s creative genius.

Raja Rahman graduated from the Juilliard School, where he studied with Seymour Lipkin, Jerome Lowenthal, Byron Janis, and Lev Vlassenko.

Raja has toured Europe with famous conductors like as Mstislav Rostropovich, Sir Georg Solti, and Iona Brown.

He has previously taught at The Juilliard School and is currently a private instructor in Las Vegas. Raja is also a concert pianist who usually plays at New York City’s Metropolitan Opera House.

With a magic, music, and comedy act, the two Julliard School-trained performers established their theatrical career in New York.

They went on to perform in many Las Vegas venues and tour the world, culminating in a two-year run as the headliners in Singapore’s $35 million Cirque de Soleil show, “Voyage de la Vie” (2010-2012).

They also had a successful seventh season of “America’s Got Talent,” and were chosen to perform in the live AGT event at the Palazzo Hotel in Las Vegas.

The pair typically plays for major businesses at corporate functions.

In 2015, they participated in three episodes of “Masters of Illusion,” “Wizard Wars,” and “The CBS Late Show with Stephen Colbert.”

What Happened to Jarrett and Raja Productions’ Shark Tank Pitch?

Jarrett and Raja went on Shark season 7 episode 25 in search of a $750,000 investment in return for a 40% stake in the company. This equates to a worth of $1.875 million.

They told the Sharks that they needed the money to construct a new musical and magical’spectacle’ called ‘Miracles,’ which they intended to deliver to the Las Vegas strip.

They create an illusion in which a young girl appears to be cremated and then reappears from within a clear acrylic piano filled with water.

If they re-create the illusion with Barbara Corcoran as the star, Robert Herjavec promises he’ll give them $750,000.

Raja adds that in order to put on the event, they must completely pay the trip to the area.

They’re in negotiations with a property about incorporating it into their production. They have a 1,600-seat theatre and could sell tickets for $19.95 each day with one concert.

Robert Herjavec believes that the Las Vegas visitor demographic is getting younger, and that casinos aren’t investing in magic shows since they don’t draw in the crowds.

He inquires of the duo how many entertainers who begin their careers in Vegas go on to attain the level of Siegfried and Roy.

As a film producer, Mark Cuban understands the challenges and risks that come with launching a new program. He’s leaving because he believes the risks are too great.

Barbara Corcoran saw an investment in the initiative as a ‘wild bet’ on whether it would succeed or fail, akin to a ‘Craps shoot,’ and she wasn’t in the mood to risk, so he is out.

Robert Herjavec believes he would be “more comfortable if you had a following or a brand.” He considers the investment to be excessively hazardous.

“It’s practically impossible to make money the way you’re attempting to do it,” he says, referring to Las Vegas’s tough competition for magic acts.

The team has failed to persuade him that their presentation is unique enough to capture the interest of Vegas fans. He’s no longer there.

Kevin O’Leary agrees. “Guys, I’m thinking about risk/reward right now.” It’s really too risky.” “I’m going.”

Lori Greiner has some advice for the pair. She urges them to forsake their plans to premiere their show in Vegas and instead focus on another major city, such as Chicago. She admires what they’re doing, but she thinks they’re targeting the wrong market. She’s no longer there.

The duo, like past performers, leaves Shark Tank without a deal.

What became to Jarrett & Raja Productions Following Shark Tank pitch?

Despite not landing a contract with a Shark, Jarrett & Raja Productions did get a deal with a production company.

Three months after the Shark Tank episode aired, they were contacted by the producer of One Epic Night and cast in the stage production at the Downtown Plaza.

Following that, Jarrett and Raja found a home for their new show “Magic vs. Music” at the Stratosphere Hotel, Casino & Tower in Las Vegas.

Jarrett and Raja have also been on Dean Cain’s The CW show Masters of Illusion for three seasons.

In a post-show interview, Raja said that the pair had not anticipated such a Shark deal. “We only came on for the publicity,” he added.

The pair accomplished their wish: they were spotted by producers, who went on to back them in more ambitious projects.

After all, becoming the “next Siegfried and Roy” isn’t such a far-fetched fantasy.

They remained in Las Vegas, working at the Stratosphere and Caesar’s Palace.

When the Covid-19 epidemic shut down Las Vegas, the boys were out of work. They don’t have any concerts as of 2021, but I’m sure they’ll be back onstage soon if possibilities arise.

What is Jarrett & Raja Productions’s Net Worth?

Jarrett and Raja went on Shark season 7 episode 25 in search of a $750,000 investment in return for a 40% stake in the company. This equates to a worth of $1.875 million. The current valuation is not provided.

Who are Jarrett & Raja Productions’ Competitors?

The following are some examples of competitors for the company:

The McKenzies are two brothers. They amuse by employing precious stones and other precious materials as instruments. They frequently perform at Las Vegas’ Bellagio Resort & Casino.

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Jarrett & Raja Productions FAQS

1. What is Jarrett & Raja Productions’s official website?

Jarrett and Raja Productions have a website: www.jarrettandraja.com

2. Where is Jarrett and Raja based?

They are headquartered in Windermere, Florida, United States.

3. What do Jarrett and Raja Productions do?

Jarrett and Raja Productions is an act, who perform magic on stages, in clubs, in Vegas.

4. Who is the exact founder of Jarrett and Raja Productions?

Raja and Jarrett are the founders of the Company.

5. How much were seeking in the Tank?

Jarrett and Raja Productions were seeking $750,000 in exchange of 40% of the Company in the Shark Tank.

6. What are the Shark Tank Investors’ interests?

The duo, leaves Shark Tank without a deal.

7. What happened to Jarrett and Raja Productions after the Shark Tank?