However, taking this knee-jerk action prematurely without offering to reduce his compensation and while keeping his private chef and personal driver on the company payroll, is outright despicable, noted the lawyer also currently representing Gabrielle Union in her on-going dispute with Americas Got Talent. The move is a financial step to aid Paradigm in weathering the coronavirus crisis but also to invest in future growth, Gores letter reads. Signup for Breaking News Alerts & Newsletters. This is one of several important steps that put us in a financial position not only to weather this crisis, but to invest in future growth. And in March, Gores sparked what insiders described as a fing war zone within the company when he attempted to stem those losses by cutting music agent salaries by 50% and then reinstated them, as TheWrap exclusively reported at the time. He was hospitalized in Atlanta just days after attending a campaign rally for Donald Trump in Tulsa, Oklahoma, where he was seen without a mask. He was 83. Kleins often abusive and brazen treatment of agents she considered a threat was well-known at Paradigm, and one of the many reasons that the company hesitated in accepting her ever growing demands during her latest contract negotiations.. Advertisement. Paradigm talent agency has secured a new investment from Crescent Drive Media, a company owned by the brother of agency chief Sam Gores, and has recruited industry veteran Bruce Rosenblum as an investment adviser. . Currently, hes on the board of Cox Media Group and was also the chairman and CEO of the Television Academy between 2012 and 2016. Gores confirmed the investment from Crescent Drive, which is owned by investor Tom Gores, who already has a stake in the agency. Thats been even more true for Paradigm because it relied so heavily on clients who generate most of their revenues from live performances that show no sign of returning soon. Paradigm also retains Warner Bros. vet Bruce Rosenblum as an adviser on growth and investment opportunities. Paradigm Talent Agency fired back on Thursday against Debbee Klein, the high-level TV agent who filed an explosive suit against the company last week. Heres how a family of Israeli immigrants became an American business dynasty. Built from Indiana limestone and granite accented with stainless steel, it features a granite reflecting pool and three water sculptures by artist Eric Orr. View Michael Campos results in Brea, CA including current phone number, address, relatives, background check report, and property record with Whitepages. Sam Gores To Paradigm Staff: $1.1M For Laid Off Employees In Place Along With New Interim Funding Line & No Salary For Gores Through 2021. . And while immmediate action was required, I realize that the way the message was conveyed to you lacked compassion and made you feel alienated from Paradigm. Tom, the youngest brother, started his career working for Alec at The Gores Group. He took a job at General Motors as a computer programmer, but hated it. [citation needed]. Linda Torres, known as Angela Raiola's friend on VH1's reality series "Big Ang" and "Mob Wives," died of COVID-19 on April 1, 2021, following breast cancer surgery. This is a huge step forward in a situation that stretches back almost two years. Its clear that the Gores family remembers what it was like to have very little; like many wealthy people, they have made philanthropy a priority. before Friday, April 10. "Knight Rider" and "Magnum P.I." Art director Matteo De Cosmo, who worked on films including "Emergence," "The Punisher" and "Luke Cage," died of coronavirus complications. That reporter was from Forbes. Variety is a part of Penske Media Corporation. Its hard to find new money to make up for that loss.. THR has reached out to Paradigm for comment on the lawsuit. considered these layoffs temporary and it bears repeating that our intention is to bring as many The other four are Lee Anderson, Sam Hunt, Jonathan Levine and Jackie Nalpant. In addition, she accused Gores of lying about the reasons for the failure of a merger with UTA. The motion also states, in a footnote, that Paradigm will file an arbitration claim against Klein seeking several million dollars for violations of her non-disparagement and confidentiality agreements. Discovery Against Paramount Global, Thanos VFX Technology Lawsuit Against Disney Dismissed by Judge, The Definitive Voice of Entertainment News. the modern era. Sam Gores firing more than two hundred of his companys most loyal employees while taking away the full benefit of their health insurance during a world health crisis strains credulity, Bryan Freedman said in a statement Thursday. She also claimed that Gores tried to defraud his lenders by pressuring Klein to loan the company $500,000 of her salary, in an effort to make the balance sheet look better. Ill contact you again on or before Friday with more information about the Employee Relief Fund. producer Joel Rogosin died of coronavirus at the MPTF nursing home. In signing the agreement, it enables our literary agents to re-sign our writer clients and get them back to work. He currently serves on the Board of Cox Media Group, which is owned by Apollo Global Management. Paradigm has one of the most prestigious music rosters in the industry and well-known music agents to match including Sam Hunt (who reps the likes of Diplo, Janet Jackson and Chromeo), Head of Global Music Marty Diamond (who reps Ed Sheeran, Coldplay, Sia, Lorde, Alessia Cara, Snow Patrol and more), Matt Galle (Machine Gun Kelly, T-Pain, Shawn Mendes, Halsey), Matt Meyer (Cash Cash, Tinashe, Halsey), Corrie Christopher Martin (Imagine Dragons, Janet Jackson) and Stephanie Miles (Idina Menzel, Jesse McCartney, Jojo), among many more. She also leveled a series of allegations at Gores, claiming that he used company funds to pay for prostitutes for himself and others. Such a music roster seemed enticing to Casey Wasserman, who on Wednesday officially finalized a deal to acquire the North American music assets, including the live-music representation business as well as a new operating unit. (Michael E Flannigan, Michelle Flanagan) Age Location 60s Brea, CA Age 60s Location Brea, CA Monitor. With an expanded ownership team, financial stability and creative advisers like Bruce to help us assess new opportunities, I look forward to our next chapter. In an alliance that further strengthens our business, I am pleased to announce that Crescent Drive Media (CDM), an investment vehicle owned by my brother, Tom Gores, has taken an ownership interest in Paradigm. The move was a financial step to aid Paradigm in weathering the coronavirus crisis but also to invest in future growth.. Landlines (5) (949) 495-5990 (949) 363-1627 Show 3 More Cell Phones (1) . In 1986, SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. In a motion to compel arbitration, the. 2023 Variety Media, LLC. Sam Gores hoped to avoid scrutiny by terminating Ms. Klein in the midst of the present pandemic, the lawsuit charges, calling it the perfect opportunity to effectuate his long-planned, ruthless job cuts. Among the reasons alleged for Kleins firing after decades of work: Gores was supposedly enraged by Kleins expressed concerns over the illegality of sex workers being procured and paid through company accounts. He became the fifth person to die from COVID-19 complications at the facility. Claim this business (281) 888-4103. After announcing the sale of Paradigms music assets to Wasserman, the agency said it is in active discussions for its talent and literary business, without explaining precisely what that means. As concerts came to a screeching halt, Paradigm found itself in a bind with no cash coming in and no horizon for a restart to the concert touring business. Do Hollywood Writers Still Need Agents After WGA's Packaging Fee Victory? Last year, Platinum Equity closed a deal to acquire the Australia and New Zealand operations of Staples Inc., and relaunched the chain as Winc (work incorporated). Ellis Marsalis Jr., New Orleans jazz legend and father of Wynton and Branford Marsalis, died at 85 from COVID-19 complications, Branford said. The deal is expected to close in Q2 2021, and the new companys name and configuration will be shared by Wasserman. There are no discussions taking place between APA and Paradigm, according to an APA spokesperson. Broadway star Nick Cordero passed away on July 5 due to complications from coronavirus. The agency's original Beverly Hills office was located on the old MCA Inc. campus built in 1932[5] where conference rooms honor Jules Stein and Lew Wasserman, who occupied the space. Our desire is to help Here is the internal email sent by Gores this evening: I am committed to improving our flow of communication as we weather this uncertain time. Paradigm has signed a new franchise agreement with the Writers Guild of America, allowing the agency to resume representation of its WGA-represented film and TV writer clients. Herman Cain, the former CEO of Godfather's Pizza who sought the Republican nomination for president in 2012, died July 30 from complications of the coronavirus. Sonny Chiba, a martial arts master and a Japanese actor who played legendary sword maker Hattori Hanzo in Kill Bill, has died from pneumonia caused by COVID-19. ', The Mandalorian Season 3 Probably Wont Make Any Sense Unless Youve Watched The Book of Boba Fett, The True Story Behind 'Cocaine Bear': A 175-Pound Beast, a Dead Drug Smuggler in Gucci Loafers and More, HBO's Leading Man: Casey Bloys on Perfecting 'The Last of Us,' HBO Max Streaming Merger and Axing Shows, A24 Sweeps Film Categories at the 2023 SAG Awards as 'Everything Everywhere All at Once' Breaks Record for Most Wins, Jean Smart 'Doing Well, Recovering' Following Heart Procedure, Says Hacks Co-Star Hannah Einbinder, Ke Huy Quan Becomes First Asian Male Film Winner at SAG Awards for 'Everything Everywhere All at Once'. By 1993, he had forged pacts with other agencies to form Paradigm,[3] which now has clients that include Academy Award-winning actor Adrien Brody, Emmy Award winner Julie Bowen, Emmy and Tony Award winner Fishburne and Antonio Banderas. Hasbro Launches Clue Immersive Instagram Murder Mystery Game Series (Exclusive), Bethlyn Hand, Former Senior Exec at Motion Picture Association of America, Dies at 85, Don Lemon to Undergo Formal Training After Nikki Haley Remarks, Will Return to CNN Show Wednesday, Anil Kapoor Talks Night Manager Indian Adaptation, Playing Villains and Taking Risks, Paradigm Signs 5-Year Agreement With Writers Guild, Paradigm Claims Former Agent's $2 Million Lawsuit Is "False, Frivolous", Australias Foxtel Inks Multi-Year Deal to Retain Warner Bros. and "Frankie and Johnny in the Clair de Lune," which later became a film with Michelle Pfeiffer and Al Pacino. Both Paradigm and Mr. Gores expect to be 100 percent vindicated, and our intention is to respond further in court filings, added the often pugilistic Kinsella, Weitzman, Iser, Kump & Aldisert partner. Gores also continues to discuss a transaction involving the agencys music assets with sports agent and entrepreneur Casey Wasserman. John Prine, one of the most influential and revered folk and country songwriters of the last 50 years, died on April 6 at the age of 73 after being infected with the COVID-19 virus. Subscribe for full access to The Hollywood Reporter, A fired Paradigm agent has filed a breach of oral contract lawsuit that alleges CEO Sam Gores mismanaged the company's finances and made "vast personal gains by running Paradigm as his personal piggybank.". Get our latest storiesin the feed of your favorite networks. The coronavirus has affected almost every business in the world and certainly our industry. We will have further details regarding this fund on or We want to hear from you! Paradigm wont exist on its own after the sale of its music division.. The Extra-Terrestrial" and "The Color Purple". Sam has donated to Childrens Hospital Los Angeles. Bob Iger Calls for Disneys Return to the Office But Will Hollywoods Remote Workers Listen? MICHAEL GORES/SHAWN SCALLON. Casey Wasserman Acquires Paradigm's North American Music Assets, 180 Paradigm staffers were permanently let go, Verve Acquires New Deal, Boutique Agency for TV Directors. Grammy-winning country singer K.T. The motion also alleges that Kleins abusive behavior in the office had caused several other employees to leave the agency. They will run music at the agency alongside Diamond. See Gores full announcement letter below. He ended up not cutting people because of negative press on the firings, an insider told TheWrap at the time. people who will help build Paradigms future after the COVID crisis. Legendary Auburn football coach Pat Dye died on June 1 after combating COVID-19 and other medical conditions. EXCLUSIVE: UPDATE, 11:48 AM:It took almost half a day, but Paradigm Talent Agency has finally responded to the more than $2 million lawsuit that Debbee Klein launched like a cruise missile late last night at the Sam Gores-run company for being unceremoniously axed last month after over two decades in the trenches. Rosenblum spent 26 years at Warner Bros. including 14 as president of Warner Bros. Television Group. "Ellis Marsalis was a legend. In 2003 Alec launched Gores Capital Partners, a private equity fund, followed by a second fund, Gores Capital Partners II, a few years later. Paradigm's clients have included author Stephen King, actors Sydney Sweeney, Antonio Banderas and Brian Cox, directors James Wan and Malcolm D. Lee, and musicians Coldplay, Tiffany Young, Billie Eilish, Halsey, and Ed Sheeran, as of 2018.[1]. Sam Gores worked his way up the Hollywood food chain. Michael Gores Current Workplace Paradigm Talent Agency Location 8942 Wilshire Blvd, Beverly Hills, California, 90211, United States Description Read More Industry Management Consulting Business Services Discover more about Paradigm Talent Agency Org Chart - Paradigm Talent Agency Phone Email Michael Gores Agent Phone Email Phone Email Phone Email Debbee Klein also accused Gores of executing a . Paradigms great strength is its enormously talented staff. Umberto has been covering the fanboy beat & breaking scoops for 20 years with numerous Hollywood trade, newspaper, & magazine mentions to his credit. 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There is no agreement to sell Paradigm, nor is any sale imminent, Gores wrote in an internal memo to his staff. [3] Sam immediately went to work bagging groceries in an uncle's supermarket, and worked his way through high school as a butcher. This is one of several important steps that put us in a financial position not only to weather this crisis, but to invest in future growth, Gores wrote. Paradigm is the first major talent agency engaged in television packaging to sign a new franchise agreement with the WGA. Resides in Brea, CA. Also Read: Do Hollywood Writers Still Need Agents After WGA's Packaging Fee Victory? [6], In 2004, Paradigm acquired the literary firm Genesis and the Writers & Artists Agency. Paradigm has clung to its independence even as other talent agencies from CAA to WME to UTA have bulked up with outside investment from private equity, pushing into acquisitions and new lines of businesses to deploy their capital. Paradigm has won the Pollstar Award for Booking Agency of the Year four times, in 2016,[2] 2018,[3] 2019[4] and 2020. No stars left.. Gores was accused of being misleading after firing more than double the amount of employees originally reported and cutting insurance for laid off employees, which Gores later extended until June 2020. SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. Tom Dempsey, New Orleans Saints legendary kicker who was born without toes on his right foot and wore a flat shoe that he kicked with, died on April 4 from complications of COVID-19. Because music is a seasonal business with more releases and tours coming in the warmer months of the year, the agency normally borrows money during the winter months and repays the loans with summer tour and release profits. Gores instead opted for more widely applied pay cuts throughout the company, beginning with his own, which was cut in full. More. I have forgone my salary for the remainder of 2020, and beyond if necessary. After school, he worked without salary as an agent at The Gage Group, Inc., founded by Martin Gage, for almost two years while selling shoes on the side to support himself. The fierce advocate for the AAPI community was 89. Paradigm, struggling after a year without live concerts that generated the bulk of its revenues from its deep roster of music clients, had reached the end of the line for its music business, which left precious little to continue as a going operation. They effectively held him hostage.. The In 2012 Alec made a rare financial misstep, losing $17.4 million in a game of backgammon to Irish gambling legend JP McManus. On this Wikipedia the language links are at the top of the page across from the article title. He ended up not cutting people because of negative press on the firings, an insider told TheWrap at the time. Currently, hes on the board of Cox Media Group and was also the chairman and CEO of the Television Academy between 2012 and 2016. She was 54. She was 86. If you checked you would find this is in violation of California law.. Send us a tip using our annonymous form. PARADIGM AGENCY. Academy of Motion Picture Arts and Sciences, Hand in Hand: Center for Jewish Arab Education in Israel, "Sam Gores, Chairman/CEO of Paradigm Talent Agency, on Leading Versus Bossing", Los Angeles Times: "Quietly Building a Talent Force - Sam Gores, chairman of Paradigm, shuns the spotlight. They effectively held him hostage.. The other brothers havent done too badly, either. It said the agency owes Klein nearly $2 million remaining under the terms of her contract and that Gores gambit was to fire her and avoid scrutiny by terminating Ms. Klein in the midst of the present pandemic.. Michael Lewis for Variety Paradigm talent agency has secured a new investment from Crescent Drive Media, a company owned by the brother of agency chief Sam Gores, and has recruited industry. The move to bring in Rosenblum suggests that Sam Gores is considering a broader transaction for the agency. Trini Lopez, the singer of "If I Had a Hammer" and an actor in "The Dirty Dozen," died on Aug. 11 from COVID-19. Deadline is a part of Penske Media Corporation. [1] It later acquired New York-based Little Big Man, adding Coldplay and The Fray. [3], In 2005, Paradigm's entered the music industry when it acquired Monterey Peninsula Artists[1] and its roster of clients expanded to include The Black Eyed Peas, Aerosmith, Dave Matthews Band and Toby Keith. Also Read: Paradigm Revolt: CEO Sam Gores Backs Down After Music Agents Object to 50% Pay Cut. On this Wikipedia the language links are at the top of the page across from the article title. Like all other agencies industry wide, staff above Coordinator level are working at reduced friends, and families as we confront one of the most urgent health and economic challenges of difficult and urgent actions we took on March 20th were the hardest of my 37-year career. Paradigm Talent Agency is an American full-service entertainment agency with offices in Los Angeles, New York, London, Chicago, Toronto, Monterey, Nashville, Berkeley and Austin. Chris Trousdale, a member of the boy band Dream Street, died of coronavirus complications on June 2. UPDATED with more details: Crescent Drive Media, an investment company run by Paradigm boss Sam Gores' billionaire brother Tom Gores, has taken an "ownership interest" in the agency, shoring up . Gores represented Academy Award-winning actor Philip Seymour Hoffman,[3] and was described as the most un-agent agent in the business because hes a human being first, by another one of his clients, Laurence Fishburne. Additionally, in the era of 50/50 gender parity by 2020, the five-agent leadership group led by Paradigm veteran Marty Diamond has already met with criticism for its lack of diversity, with only one woman and no people of color on the leadership team according to Hits Daily Double. Sam Gores, Chairman and CEO, opened his first agency, SGA Representation, Inc. in 1986. Terrence McNally, a four-time Tony Award-winning playwright, died on March 24 at the age of 81 of complications from the coronavirus. View Michael's Contact Info. In 1986 he founded his own shop, SGA Representation, and after a series of mergers and acquisitions, the Paradigm Talent Agency was born. But even all of this has not involved anywhere near a million dollars, let alone millions of dollars.. By subscribing, I agree to the Terms of Use and Privacy Policy. Paradigm has established a $1.1M Employee Relief Fund to provide additional support of I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. All Rights Reserved. In 1987 Alec started The Gores Group, which its website describes as having a single vision to buy, fix, and sell businesses. The Gores Group acquired more than 100 companies in the years that followedspanning industries including technology, telecommunications, business services, industrial, health care, and consumer productsresulting in an exceptionally lucrative string of partnerships. They were promptly given new American names by their aunt, who picked them up at the airport: Alec, Sam, and Tom. [9][10] One employee filed a lawsuit, alleging serious misconduct from Gores including payoffs, prostitution and criminal misconduct. Then last September, 180 Paradigm staffers were permanently let go. And according to the suit, it means Paradigm wont be able to keep her hanging on for 90 or so days without pay and unable to seek new work. All the agencies had to make that tough call based on recurring revenues and what you had coming in And you always have to keep those options on the table the longer the pandemic drags on. You have to try to bring costs down more in line with revenues, another agency insider explained. Variety and the Flying V logos are trademarks of Variety Media, LLC. Of course, Paradigm was not the only agency impacted by the pandemic. Although her cause of death was not immediately known, a friend told the Associated Press that she had been diagnosed with COVID-19. Menu. And Paradigm is being almost as blunt as Klein, almost. Umberto has been profiled in such publications as The Washington Post, Variety and Grantland. A fired Paradigm agent has filed a breach of oral contract and whistleblower lawsuit that alleges CEO Sam Gores mismanaged the companys finances and made vast personal gains by running Paradigm as his personal piggybank., Debbee Kleins suit, filed at the Superior Court of California by Freedman, Taitelman, makes a number of incendiary allegations against Gores management of Paradigm, including that he kept his personal driver and chef on the payroll even as the agency fired staff, blaming the coronavirus pandemic, and that he was using the company expense account as a slush fund to pay for his sexual dalliances with prostitutes.. [3] His older brother, Alec Gores, and his younger brother, Tom Gores, both founders of private equity firms, have been included on the Forbes list as among the wealthiest people in the world. Michael Mando Exits Apple Series; . A rep for Gores declined to comment for this story. The shuttering of live events amid the pandemic hit Paradigms revenue hard especially as it scuttled the lucrative summer touring season. The combination of Paradigm Talent Agency's Music Division, AM Only, and Coda Music Agency made Paradigm one of the top music agencies in the world, with clients including Coldplay, Dave Matthews Band, Ed Sheeran, Fun., Bon Iver, Janelle Mone, Jason Mraz, The Lumineers and Phish, among others. For instance, Little Big Man and Monterey complemented each other -- Monterey had all the legacy artists and big bands and [LBM founder] Marty [Diamond] had all the cool stuff that was up-and-coming. Paradigms attorneys also denied Kleins allegation about the $500,000, saying such a small amount would have made no difference to the agencys lenders. In Charlie Says Trial, A Jury Says $1.9M, South Park Licensing Deal Sparks Lawsuit From Warner Bros. In that context, I am also pleased to announce that the ownership of Paradigm, which includes Tom and me, has retained Bruce Rosenblum as an adviser on growth and investment opportunities. Tom Seaver, Hall of Fame baseball pitcher, died on Aug. 31 in his sleep of complications of Lewy body dementia and COVID-19. 2023 The Hollywood Reporter, LLC. He was 61 years old. Rosenblum spent 26 years at Warner Bros. including 14 as president of Warner Bros. Television Group. Rosenblum spent 26 years at Warner Bros. including 14 as president of Warner Bros. Television Group . Alec didnt graduate from high school until the age of 20. In a motion to compel arbitration, the agencys attorneys slammed Klein as a backstabber who allegedly fabricated allegations about prostitution in the lawsuit. I am deeply sorry about the financial impact this crisis has had on so many of our colleagues, In January 2014, Paradigm acquired a 50% stake in the London-based Coda Agency. Paradigm has been hit hard by the coronavirus shutdown, with two-thirds of its revenue coming from music, including the live events and concert tours that have all been postponed or canceled as a result of the virus, including some of the agencys biggest clients such as Billie Eilish and Kenny Chesney. Just like their father did for them, the Gores brothers are giving kids the possibility of a better futureand if the recipients are anything like their benefactors, that future could turn out to be very bright indeed. Bruce is an experienced and capable industry veteran. Alec struck out on his own in 1978,getting an $8,000 loan from his dad and setting up a computer hardware and software distribution business in his basement. Innovative is the same. Rapper Fred the Godson died after contracting coronavirus, a representative confirmed to Complex. 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