Strategically, the alliance planted a flag for Paradigm in London and, by extension, Europe and other international markets. Tom, the youngest brother, started his career working for Alec at The Gores Group. Directions Advertisement. There are no discussions taking place between APA and Paradigm, according to an APA spokesperson. 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. 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. [11] Expanding their footprint in the music industry, in 2008, Paradigm acquired Ellis Industries,[12] a leading independent music agency based in New York, and in 2009 acquired Third Coast Artists Agency,[13] the largest independent Christian Music agency, which was headquartered in Nashville. Sam Gores' agency, Paradigm, may . Lived In Rowland Heights CA, Walnut CA, Cerritos CA, . In the early months of the crisis, live events and movie and TV productions ground to a halt and with them went the agencies primary sources of revenue. friends, and families as we confront one of the most urgent health and economic challenges of Paradigms great strength is its enormously talented staff. Sam has donated to Childrens Hospital Los Angeles. His works included "Master Class," "Love! Paradigm wont exist on its own after the sale of its music division.. Alec, 53, is . [4][5] In 1968, when Gores was 14,[6] his parents sold their home and possessions to purchase plane tickets to immigrate to the United States. In 1986 he founded his own shop, SGA Representation, and after a series of mergers and acquisitions, the Paradigm Talent Agency was born. Grammy-winning country singer K.T. on your behalf. Advertisement. Gores confirmed the investment from Crescent Drive, which is owned by investor Tom Gores, who already has a stake in the agency. A former Paradigm agent said the agency started to hemorrhage clients after the layoffs began. A merger between whats left of Paradigm and APA is the likely outcome, the top agent said. Among the many other bombshells is an alleged and ultimately unsuccessful strong arming of Klein earlier this year. before Friday, April 10. Subsequent to his time at Warner Bros., Bruce was President of Legendary Television and Digital Media from June 2013 through May 2016, and from September 2016 through June 2017 was President, Business Operations for the Disney / ABC Television Group, with direct oversight of advertising sales, global affiliate sales and marketing, digital media, strategy and business development, media operations, engineering and IT, and consumer insights. But even all of this has not involved anywhere near a million dollars, let alone millions of dollars.. 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. Because, as it turns out, the man formerly known as Eliasnow Alec Gores, founder and CEO of leveraged buyout firm The Gores Grouphas a net worth currently estimated at $2.1 billion. 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. 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.Paradigm Talent Agency has more than 200 agents representing clients in television, music performances, motion picture, theatre, book publishing, digital, commercial/voiceover, content finance, media rights, brand . In 2003 Alec launched Gores Capital Partners, a private equity fund, followed by a second fund, Gores Capital Partners II, a few years later. Deadline is a part of Penske Media Corporation. Last summer, Tom Gores and his investment company Crescent Drive Media also took an ownership stake in Paradigm. 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. He was 74. He was 83. Trini Lopez, the singer of "If I Had a Hammer" and an actor in "The Dirty Dozen," died on Aug. 11 from COVID-19. Sam Gores' brother Tom Gores and his investment company Crescent Drive Media has taken an ownership stake in Paradigm, the agency's CEO Sam Gores announced in a letter to employees . Rick May, a voice actor best known to gamers as the husky-throated Soldier in Team Fortress 2, died in Swedish nursing home on April 13 after contracting COVID-19. 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). Signup for Breaking News Alerts & Newsletters. Also Read: Verve Acquires New Deal, Boutique Agency for TV Directors. He was 80. In September, a half-dozen departed Paradigm agents started their own company, called TBA, taking over prominent touring acts including The War on Drugs, Chvrches and Courtney Barnett. ', 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'. Since the layoffs last year, theres been a mass exodus of clients across the board, the former agent said. PREVIOUSLY, 12:23 AMLess than two weeks after Sam Gores dropped the hammer on scores of agents at Paradigm in what were termed temporary layoffs allegedly due to the asphyxiating effect of the coronavirus crisis on the industry, Debbee Klein has hit back with a devastating breach of oral contract lawsuit for this reprehensible behavior.. Phil Valentine, Right-wing radio host, died after more than a month-long battle with COVID. That really rounded out our business."[14]. Paradigm Physician Service. 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. Following that he was president at Legendary Television and Digital Media between June 2013 through May 2016, and he was then president of Business Operations for Disney and ABC for a year between September 2016 and June 2017. The end is near for Paradigm as a standalone agency, one top agent said. When In 1986, SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. 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. 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These are the names of some notable figures from Hollywood and the media that we have lost. Debbee Klein also accused Gores of executing a . She alleged that Gores partners had forced him to back out of the deal, but that he had falsely portrayed the decision as his idea. Hilary Heath, an actress and producer who starred opposite Vincent Price in horror movies in the late 1960s and early '70s, died in April of COVID-19 complications. "Paradigm Unveils Soaring New Agency Offices to "Encourage Natural Collaboration", "Pollstar Awards Winners: Tom Petty, Cara Lewis, Gregg Perloff, Bruno Mars", "Ed Sheeran, Beyonc & Jay-Z, Paradigm Agency Win Big at Pollstar Awards", "The Agent Dance: Paradigm Officially In Talks To Buy Writers & Artists", "HOLLYWOOD'S PARADIGM BUYS MUSIC AGENCY MONTEREY", "Sam Gores, Chairman/CEO of Paradigm Talent Agency, on Leading Versus Bossing", "Paradigm Acquires 50% Stake in Coda Music Agency", "X-ray Touring Announces Partnership With Paradigm Talent Agency", "AM Only And The Windish Agency Renamed As Paradigm Talent Agency", "SNSD Tiffany Is Now Signed Under The Same Agency As Ed Sheeran and Jason Mraz", "Marty Diamond Is New Head Of Global Music At Paradigm Talent Agency", "Wasserman Music Acquires Paradigm UK's Live Music Business", https://en.wikipedia.org/w/index.php?title=Paradigm_Talent_Agency&oldid=1130090239, Entertainment companies established in 1992, Companies based in Los Angeles County, California, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 December 2022, at 15:00. The move to bring in Rosenblum suggests that Sam Gores is considering a broader transaction for the agency. He was 34. 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. Agents banded together and threatened to leave, while others publicly complained that they felt Gores used Paradigm earnings to fund his lavish personal lifestyle, insiders told TheWrap in April. Though Gores himself isnt actually named as a defendant in this initial version of the complaint from the 23-year veteran packaging agent for $2 million and more, the Paradigm chairman is strewn all over the paperwork. Kleins chief attorney tells Deadline this move is ultimately about more than just her. It always has been and always will be. In the approximately 18 years I worked with Sam at Paradigm, he never once asked me to procure a prostitute for him or anyone else, the former assistant said in the declaration. He was a teacher, a father, and an icon and words arent sufficient to describe the art, the joy and the wonder he showed the world," New Orleans Mayor LaToya Cantrell said also. 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. Stranger Things Stage Adaptation Set for Londons West End, Colbert Gives Disney World Characters Realistic Genitalia After DeSantis Takeover of District (Video), How to Watch the Star Wars Shows in Order, Accused: Tazbah Chavez Drew From Her Personal Life to Highlight Environmental Justice Issues Facing Native Land. He worked with such legends as Thelonius Monk, Charles Mingus and Sonny Rollins. All Rights Reserved. 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., Also Read: Paradigm Revolt: CEO Sam Gores Backs Down After Music Agents Object to 50% Pay Cut. 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. 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. His company has been acquiring agencies, many of them in the music industry" by Claire Hoffman, Forbes: The World's Billionaires - Tom Gores, Palestinian Surprise: "TALENT AND LITERARY AGENT SAM GORES", "Board of Trustees | The American Academy of Dramatic Arts", "Coronavirus unemployment: Paradigm staff say they were misled - Los Angeles Times", "Paradigm Revolt: CEO Sam Gores Backs Down After Music Agents Object to 50% Pay Cut", "Paradigm Agent's Lawsuit May Be First of Many Coronavirus Breach of Contract Claims", "Paradigm Hit With Blistering $2M Breach Of Contract Suit By Debbee Klein; Sam Gores' Agency Says "False, Frivolous & Scurrilous" Update", "Company funds used for prostitutes, alleges ex-partner at Paradigm Talent Agency", "Former agent's allegations of company funds paying for prostitutes 'pure fabrication,' talent agency says", "Paradigm's Sam Gores Accused of Using Corporate Funds for Prostitutes", "Debbee Klein and Paradigm Agree to Settle Dispute in Arbitration", "Paradigm Responds To Debbee Klein's Suit: Sam Gores' Ex-Asst Calls Prostitutes Claims "Blatant Lies"; Agency Seeks Arbitration For Case", Americada: "Gores, King and White Join Academys Board", https://en.wikipedia.org/w/index.php?title=Sam_Gores&oldid=1128888634, Articles with unsourced statements from March 2018, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 22 December 2022, at 13:58. In 1993, Gores founded Paradigm, a name he came up with after reading a book on leadership. Sam Gores declined to elaborate beyond the memo. Eight years later, he sold the company, which employed more than 200 people, for $2 million. A fired Paradigm agent has filed a breach of oral contract and whistleblower lawsuit that alleges CEO Sam Gores mismanaged the company's finances and made "vast personal gains by running . All Rights Reserved. The shuttering of live events amid the pandemic hit Paradigms revenue hard especially as it scuttled the lucrative summer touring season. difficult and urgent actions we took on March 20th were the hardest of my 37-year career. Rosenblum spent 26 years at Warner Bros. including 14 as president of Warner Bros. Television Group. In Charlie Says Trial, A Jury Says $1.9M, South Park Licensing Deal Sparks Lawsuit From Warner Bros. The complaint says that as the U.S. began to fully deal with the coronavirus pandemic, Gores instituted a March Massacre, using the virus to cover for his long-planned, ruthless job cuts, which forced 200 Paradigm employees to fend for themselves without any pay and reliable health insurance. On March 20, Paradigm became the first major agency to announce layoffs and reduced pay for those who remained at the company. . Maria Mercader, a CBS News veteran who worked for over 30 years as a reporter and talent director, died March 29 after testing positive for coronavirus. 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 . 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. Tom Gores, chairman and CEO of investment firm Platinum Equity and owner of the Detroit Pistons, has a net worth estimated at $4.65 billion, per Bloomberg's Billionaires Index as of June 4.. [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. See a problem? In 1995 he decided to go it alone, starting Platinum Equity. [3] Sam immediately went to work bagging groceries in an uncle's supermarket, and worked his way through high school as a butcher. He announced his diagnosis just two days prior. [6] They settled near Flint, Michigan. 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. [6][18], Gores is father to three children and grandfather to five grandchildren. In response to the frivolous lawsuit Mr. Freedman filed on behalf of Ms. Klein which is replete with false statements, as evidenced by the motion Paradigm filed today Paradigm was forced to involve its long time law firm. We are disrupting generational poverty, Gores Fredston told the audience at a gala fund-raiser last year. 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.. Gores also disclosed that he will not take a paycheck for the rest of the year and possibly longer, until the music touring revenue-based agency rebounds in the future. [20], On April 26, 2022, Wasserman Music acquired Paradigm UK's Live Music Business.[21]. Get Notified when Michael E Flanagan's info changes. Subsequent to his time at Warner Bros., Bruce was President of Legendary Television and Digital Media from June 2013 through May 2016, and from September 2016 through June 2017 was President, Business Operations for the Disney / ABC Television Group, with direct oversight of advertising sales, global affiliate sales andmarketing, digital media, strategy and business development, media operations, engineering and IT, and consumer insights. Ill contact you again on or before Friday with more information about the Employee Relief Fund. Subscribe to our newsletters wages until business picks up again. A fired talent agent has filed a lawsuit accusing Sam Gores, the CEO of Paradigm Talent Agency, of using corporate funds to pay for prostitutes. Patricia Bosworth, a stage and screen actress turned journalist who penned celebrity biographies, died April 2 from complications of the coronavirus. Paradigm stuck with its talent-focused business strategy, and turned down an acquisition offer from United Talent Agency in 2019, a decision Gores may well regret today. That means that unlike many Paradigm agents cut loose last month with no severance, and health care that now terminates in June, Klein isnt held to having Paradigms obligations to her altered or shifted status excused because of unforeseen conditions or circumstances beyond either parties control. 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. He frequently collaborated with Steven Spielberg, and worked on such films as "E.T. She was 67. Paradigm has clung to its . of you back as possible. Of course, Paradigm was not the only agency impacted by the pandemic. Variety and the Flying V logos are trademarks of Variety Media, LLC. Tom Seaver, Hall of Fame baseball pitcher, died on Aug. 31 in his sleep of complications of Lewy body dementia and COVID-19. She claimed that Gores had recently fired his executive assistant, who confided in Klein about the prostitutes. 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. The information he had was his active agents had been approached who were covered by contracts, as opposed to those who had been temporarily laid off. The Extra-Terrestrial" and "The Color Purple". Sam did send an email to a few of his counterparts at other agencies saying he had heard they were trying to hire his agents and that was not cool. The firm has roughly $2 billion under management, an amount that would have taken Alec 500 million days to earn bagging groceries at his old hourly wage of 25 cents. The world continues to be upended by the coronavirus pandemic, with more people contracting COVID-19 as the days pass. It had taken five years to get a visa; sons Elias, Samir, and Tewfic spoke no English. Roy Horn, best known as half of the legendary Siegfried & Roy magic and animal act in Las Vegas, died on May 8 from complications due to coronavirus. [3] After graduating from Genesee High School, he began studying at the American Academy of Dramatic Arts in New York,[3] and later graduated with the academy's first class in Pasadena in 1976. Broadway star Nick Cordero passed away on July 5 due to complications from coronavirus. 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. Of specific note here especially under the looming and tragic shadow of the COVID-19 crisis Debbee Klein does not appear to have a force majeure clause in her most recent employment contract with Paradigm. Paradigm has established a $1.1M Employee Relief Fund to provide additional support of Since disingenuously declaring a force majeure and terminating/reducing hundreds of employees based on its financial inability to perform on its contracts, suddenly, Paradigm has found millions of dollars to do everything possible to try and clean up Sams reputation, Freedman said. She also leveled a series of allegations at Gores, claiming that he used company funds to pay for prostitutes for himself and others. I am deeply sorry about the financial impact this crisis has had on so many of our colleagues, Jack was 76. In a motion to compel arbitration, the agencys attorneys slammed Klein as a backstabber who allegedly fabricated allegations about prostitution in the lawsuit. [2], Gores was born in Nazareth, Israel[3] in 1954[3] and raised by his parents alongside his two brothers and three sisters. Adam Schlesinger, Fountains of Wayne singer and "Crazy Ex-Girlfriend" contribute, died at the age of 52 from coronavirus complications on April 1. The complaint alleges that Gores was privately in favor of the UTA deal, even signing a "document agreeing to the merger subject to certain conditions." Gores' partners vetoed the $250 million. She was 76. I have forgone my salary for the remainder of 2020, and beyond if necessary. MICHAEL GORES/SHAWN SCALLON. 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. 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. Back on May 20, Gores denied a report that sports and media mogul Casey Wasserman would buy Paradigm. 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., Also Read: Paradigm Revolt: CEO Sam Gores Backs Down After Music Agents Object to 50% Pay Cut. The other brothers havent done too badly, either. Rosenblum spent 26 years with Warner Bros. TV, rising to head of the division before leaving in 2013. Currently, hes on the board of Cox Media Group and was also the chairman and CEO of the Television Academy between 2012 and 2016. Debbee Klein also accused Gores of executing a. [3] Gores expanding his agency through acquisitions and mergers. PARADIGM AGENCY. Legendary Auburn football coach Pat Dye died on June 1 after combating COVID-19 and other medical conditions. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Hespent 26 years at Warner Bros., including 14 years as President of Warner Bros. Television Group where he oversaw the entire Warner Bros. portfolio of television businesses, including worldwide production, traditional and digital distribution globally, and broadcasting. 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. All Filters. 2023 Deadline Hollywood, LLC. 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. Gores represented Academy Award-winning actor Philip Seymour Hoffman, [3] and was described as "the most un-agent agent in the business because he's a human being first," by another one of his clients, Laurence Fishburne. While many have recovered, some have died from complications of the illness. In an email to employees Thursday night, Paradigm Talent Agency chairman Sam Gores flatly denied a Los Angeles Times report that the company might be purchased by Creative Artists Agency. Movies. No stars left.. Sam Gores (born 1954) is the chairman of Paradigm Talent Agency in Beverly Hills, California[1] and has been ranked among the top agents in Hollywood. Eddie Large, one-half of the comedy duo Little and Large, died April 2 after contracting coronavirus while hospitalized for heart failure. My father was willing to give up literally everything he had and pack his bags and bring us here, Alec told a reporter in 2016. 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. 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. Paradigm Talent Agency has more than 200 agents representing clients in television, music performances, motion picture, theatre, book publishing, digital, commercial/voiceover, content finance, media rights, brand partnerships and beyond. His gambit has failed, and Paradigm must now answer for its unlawful acts in a court of law, the filing from the one time partner summarizes.
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