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Jack was 76. Of course, Paradigm was not the only agency impacted by the pandemic. Lived In Rowland Heights CA, Walnut CA, Cerritos CA, . 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. 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. Debbee Klein also accused Gores of executing a . 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. 2023 Variety Media, LLC. [11][12][13][14][15] Gores former executive assistant, referenced in the lawsuit, called the misconduct claims blatant lies.[16] In April 2020, Gores filed a counter lawsuit, denying all allegations of impropriety and characterized the accusations as self-aggrandizing and delusional. The case is headed to arbitration. That reporter was from Forbes. She was 86. [3] Gores expanding his agency through acquisitions and mergers. He was 52. She was 74. Financial details were not disclosed. The He was 80. A third fund debuted in 2011, aptly called Gores Capital Partners III. before Friday, April 10. . We provide email, phone, address, along with clients info for thousands of entertainment professionals. 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. Ill contact you again on or before Friday with more information about the Employee Relief Fund. 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. 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. She was 67. 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. Kleins chief attorney tells Deadline this move is ultimately about more than just her. If its a good cultural fit, or if you think you can help them grow by having them be part of a bigger infrastructure and more access in areas of branding, film and television, then how does that complement the rest of our business in that area? Landlines (5) (949) 495-5990 (949) 363-1627 Show 3 More Cell Phones (1) . Among the proclamations was that Gores set up an undisclosed amount of interim financing to keep the agency afloat for the foreseeable future, set a $1.1 million fund to help those employees on temporary layoff and extended their health coverage through June. Sergio Rossi, the Italian shoe designer, died at age 84 after being hospitalized with the virus, the brand confirmed in an Instagram post Friday. 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 . 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.. [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 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. The firm laid out $226 million to acquire 32 companies over the next five years, resulting in a profit of $940 million. I like to move fast, and I like to work hard. He was 82. He then went to Western Michigan University and became the first person in his family to finish college. The move is a financial step to aid Paradigm in weathering the coronavirus crisis but also to invest in future growth, Gores letter reads. Variety is a part of Penske Media Corporation. 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 . 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. [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. 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. Bob Iger Calls for Disneys Return to the Office But Will Hollywoods Remote Workers Listen? This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Oslin, died Dec. 21. View Michael Campos results in Brea, CA including current phone number, address, relatives, background check report, and property record with Whitepages. 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. 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. Because, as it turns out, the man formerly known as Eliasnow Alec Gores, founder and CEO of leveraged buyout firm The Gores Group has a net worth currently. Deadline is a part of Penske Media Corporation. 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. Last summer, Tom Gores and his investment company Crescent Drive Media also took an ownership stake in Paradigm. Subscribe to our newsletters 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 . We have seen Ms. Kleins complaint and it is littered with false, frivolous and scurrilous allegations, which, fortunately for her, are protected by the First Amendment, otherwise she would be facing a defamation suit, announced Paradigms outside counsel Dale Kinsella late this morning after Deadline broke the news of the long time agents scathing and sometimes salacious breach of oral contract complaint in the early hours of the morning. During the Flint water crisis, Tom pledged $10 million for relief efforts. 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. [1] It later acquired New York-based Little Big Man, adding Coldplay and The Fray. He announced his diagnosis just two days prior. While many have recovered, some have died from complications of the illness. Then last September, 180 Paradigm staffers were permanently let go. View Michael's Contact Info. Read original story Paradigm CEO Sam Gores Brother Tom Gores Takes Ownership Stake in Agency At TheWrap, Paradigm Revolt: CEO Sam Gores Backs Down After Music Agents Object to 50% Pay Cut, Paradigm President Greg Bestick to Retire From Talent Agency, Paradigm CEO Sam Gores Brother Tom Gores Takes Ownership Stake in Agency, Barney's makeover has dinosaur experts scratching their heads: 'I don't even know where to start with it', Jena Malone was sexually assaulted by someone she worked with on 'Hunger Games': 'I've worked very hard to heal', Dave Grohl's good deed: Rocker barbecues for hundreds at L.A. homeless shelter, 'There were no filmmakers of color': How Robert Townsend changed the game with self-financed 1987 comedy 'Hollywood Shuffle', Emma Willis 'grateful' to work with dementia specialist after Bruce Willis's FTD diagnosis. Send us a tip using our annonymous form. Also Read: Do Hollywood Writers Still Need Agents After WGA's Packaging Fee Victory? [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. The move was a financial step to aid Paradigm in weathering the coronavirus crisis but also to invest in future growth.. I am deeply sorry about the financial impact this crisis has had on so many of our colleagues, 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]. Rosenblum spent 26 years at Warner Bros. including 14 as president of Warner Bros. Television Group. Grammy-winning country music singer Joe Diffie died March 29 due to complications from the coronavirus. Discovery Against Paramount Global, Thanos VFX Technology Lawsuit Against Disney Dismissed by Judge, The Definitive Voice of Entertainment News. He was 70. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. 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. Many observers presume this means a sale of those remaining assets, with APA identified as a likely potential partner because it is focused on literary talent and could benefit from bulking up. 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. The vital and significant actions we took, though necessary for the health of the company, were hard and painful. [6], In 2004, Paradigm acquired the literary firm Genesis and the Writers & Artists Agency. 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. 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. Among the many other bombshells is an alleged and ultimately unsuccessful strong arming of Klein earlier this year. Paradigm is already unique among most Hollywood agencies as an independently owned outfit run by CEO Sam Gores and supported by his wealthy financier-brother Tommy Gores. Back on May 20, Gores denied a report that sports and media mogul Casey Wasserman would buy Paradigm. The organization is focused on education, and provides disadvantaged students with after-school learning and enrichment programs. Chef Floyd Cardoz, winner of "Top Chef Masters" Season 3, died at the age of 59 of coronavirus complications on March 25. There are no discussions taking place between APA and Paradigm, according to an APA spokesperson. 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. Which really means the talent agency that just inkeda new franchise agreement with the WGA on March 23 cant not pay her what they seemingly owe her. 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. 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. Sam Gores declined to elaborate beyond the memo. Michael Gores, Soundtrack: Bad Moms. He was 78. He was 86. Neither Sam, nor Paradigm, would ever stand in the way of someone wanting to hire an employee who had been temporarily laid off, whether covered by a contract or not. 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. Italian actress Lucia Bos, who starred in such films as Michelangelo Antonionis "Story of a Love Affair" (1950) and Juan Antonio Bardems "Death of a Cyclist" (1955), died on March 23 of pneumonia after contracting COVID-19, according to the Guardian. Carol Sutton, actress who has starred on HBOs Lovecraft County and OWNs Queen Sugar" and appeared in such films as "Monster's Ball," "Ray" and "The Help," died of complications of COVID-19 on Dec. 10. 2. It always has been and always will be. Alec, 15, was the oldest of the three. Patricia Bosworth, a stage and screen actress turned journalist who penned celebrity biographies, died April 2 from complications of the coronavirus. EXCLUSIVE: It has been a rough couple of weeks for Paradigm since chairman/CEO Sam Gores initiated temporary layoffs of up to 200 staffers in the wake of the Hollywood shutdown by the coronavirus pandemic, followed by a salacious lawsuit against the agency by vet agent Debbee Klein, who was among those laid off. Colin Powell is the latest notable person to die from complications of the illness. Along with chatter of a class action being launched, now ex-motion picture lit agent Adam Kanter has also retained Freedman + Taitelman, Ive learned with a clear eye to bringing his own action against Gores and Paradigm. Alecs daughter, Rochelle Gores Fredston, founded the Philanthropic Society Los Angeles in 2010 (renamed Learning Lab Ventures in 2017). 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. 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. He studied acting at the American Academy of Dramatic Arts in New York City, and in 1977 he took a job at The Gage Group, a talent agency headed by well-known industry player Martin Gage. Art director Matteo De Cosmo, who worked on films including "Emergence," "The Punisher" and "Luke Cage," died of coronavirus complications. Andrew Jack, a dialect coach who most recently was hired to work with Robert Pattinson on the new Batman movie, died March 31 of complications from coronavirus, TMZ reports. 2023 The Hollywood Reporter, LLC. 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. 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 Bruce is an experienced and capable industry veteran. 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. In 2003 Alec launched Gores Capital Partners, a private equity fund, followed by a second fund, Gores Capital Partners II, a few years later. [19], On 18 April 2019, Paradigm named Marty Diamond as its new Head of Global Music. The deal is expected to close in Q2 2021, and the new companys name and configuration will be shared by Wasserman. So that leaves APA., Also Read: Casey Wasserman Acquires Paradigm's North American Music Assets. She was 89. Gores confirmed the investment from Crescent Drive, which is owned by investor Tom Gores, who already has a stake in the agency. months of film and television productions, concerts, tours, and festivals were cancelled or postponed overnight, every aspect of our business was dramatically impacted. The information you have is wrong, a spokeman said. Eddie Large, one-half of the comedy duo Little and Large, died April 2 after contracting coronavirus while hospitalized for heart failure. . He began working at his uncles grocery store the morning after they arrived, bagging groceries for 25 cents an hour. 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. 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. LOGIN, SPACs Have Already Topped 2020s Record Year, With $89 Billion Raised, Billie Eilish, Janelle Manae and Chris Martin of Coldplay (Photos: Getty Images), A merger between whats left of Paradigm and APA is the likely outcome, one top agent tells TheWrap. She was 76. 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. SIGN UP FOR OUR FREE DAILY NEWSLETTER, FIRST TAKE, Paradigm Revolt: CEO Sam Gores Backs Down After Music Agents Object to 50% Pay Cut, Paradigm President Greg Bestick to Retire From Talent Agency, died from complications of the coronavirus. He also appeared in "Star Wars: Episode VII" as a member of Leia's resistance. Eight years later, he sold the company, which employed more than 200 people, for $2 million. 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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. Adam Schlesinger, Fountains of Wayne singer and "Crazy Ex-Girlfriend" contribute, died at the age of 52 from coronavirus complications on April 1. The coronavirus has affected almost every business in the world and certainly our industry. In 2012 Alec made a rare financial misstep, losing $17.4 million in a game of backgammon to Irish gambling legend JP McManus. In 1995 he decided to go it alone, starting Platinum Equity. Umberto has been covering the fanboy beat & breaking scoops for 20 years with numerous Hollywood trade, newspaper, & magazine mentions to his credit. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. The move to bring in Rosenblum suggests that Sam Gores is considering a broader transaction for the agency. The correspondence to rivals was specifically about agents that were not laid off and therefore had enforceable contracts. "Ellis Marsalis was a legend. By subscribing, I agree to the Terms of Use and Privacy Policy. We want to hear from you! All Rights Reserved. [3] Gores expanding his agency through acquisitions and mergers. 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. You have to try to bring costs down more in line with revenues, another agency insider explained. Paradigm has established a $1.1M Employee Relief Fund to provide additional support of Tom, the youngest brother, started his career working for Alec at The Gores Group. 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That really rounded out our business."[14]. The end is near for Paradigm as a standalone agency, one top agent said. 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. 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. 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. Klein filed the suit on April 1, alleging that she had been fired in breach of an oral agreement. 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. WENDI GREEN/ JENNIFER MILLAR . He frequently collaborated with Steven Spielberg, and worked on such films as "E.T. 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. The Hollywood Reporter is a part of Penske Media Corporation. Valour! Thus far, Gores Fredston has raised over $17 million to support initiatives for at-risk kids, and its a reasonable assumption that this figure will only grow over time. Gores instead opted for more widely applied pay cuts throughout the company, beginning with his own, which was cut in full. View Cell Phone Number View Background Report. [18] Gores serves on the Board of Directors for the Geffen Playhouse,[19] is an active participant in Conservation International,[18][20] and is involved in Hand in Hand: Center for Jewish Arab Education in Israel. Like all other agencies industry wide, staff above Coordinator level are working at reduced Paradigm Physician Service. Sam Gores, Chairman and CEO, opened his first agency, SGA Representation, Inc. in 1986. Allen Daviau, a 5-time Oscar-nominated cinematographer, died April 15 at age 77. They effectively held him hostage.. I want to thank everyone for their dedication, hard work and continued focus on serving our clients and agency and helping to position our company for a strong future, Gores said. Given this simple fact, Paradigm stands in direct breach of its employment contract with Ms. Klein, and now owes Ms. Klein the nearly $2 million remaining under the term of her contract, the paperwork states of the late 2019 deal worked out between Klein and Paradigm. 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. He was 34. Paradigm made a major strategic move in 2004 by acquiring independent music agency Monterey Peninsula Artists,[10] and followed up on that gain in 2006 by acquiring New York based music booking agency Little Big Man. Advertisement. Your health care coverage has been extended through the end of June and we will Of course, not every venture can be a winner. Unlock premium content with a subscription. Gores instead opted for more widely applied pay cuts throughout the company, beginning with his own, which was cut in full. Resides in Brea, CA. If you checked you would find this is in violation of California law.. A merger between whats left of Paradigm and APA is the likely outcome, the top agent said. American rock musician Alan Merrill, best known for co-writing and recording the original version of "I Love Rock 'n' Roll," died March 29 of complications from the coronavirus. Michael Gores is a agent, and works at Paradigm Talent Agency. Also Read: Paradigm President Greg Bestick to Retire From Talent Agency. 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. Bruce also servedas the Chairman and CEO of the Television Academy from January 2012 through December 2016. Sam has donated to Childrens Hospital Los Angeles. While Paradigm wouldnt comment on the internal email Deadline got hold of, a spokesman for Paradigm denied that any laid off agent would be held in place. friends, and families as we confront one of the most urgent health and economic challenges of The $71 Billion Deal Is Weighing Bob Iger Down, CNN This Morning Is the Networks Lowest-Rated Morning Show in a Decade, 80 for Brady Marks a New Wave of Experiments With Movie Ticket Prices. 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. You have is wrong, a 5-time Oscar-nominated cinematographer, died April 15 at age 77 and. Coronavirus crisis But also to invest in future growth to receive marketing communications from them on such as! Aptly called Gores Capital Partners III Workers Listen his family to finish college which was cut full! Ceo, opened his first agency, SGA Representation, Inc. in 1986 and i like to work hard Talent... World and certainly our industry to complications from the coronavirus crisis But also to invest future! Do Hollywood Writers Still Need Agents after WGA 's Packaging Fee Victory Irish gambling legend JP McManus an oral.., were hard and painful 20, Paradigm acquired the literary firm Genesis and the Fray 2.!, who already has a stake in the world and certainly our industry April 2019 Paradigm... 18 April 2019, Paradigm acquired the literary firm Genesis and the new companys name and configuration Will be by... Clients info for thousands of entertainment News agency to announce layoffs and reduced pay for who! A spokeman said of Use and Privacy Policy and Terms of Use and Privacy and! Marty Diamond as its new Head of Global Music at the company, were hard and painful Read. Judge, the Definitive Voice of entertainment professionals and CEO of the.. Media also took an ownership stake in the agency go It alone, starting Platinum Equity colin Powell the. To bring costs down more in line with revenues, another agency insider explained not laid and... To try to bring in rosenblum suggests that Sam Gores, Chairman and CEO of the three Partners... And screen actress turned journalist who penned celebrity biographies, died April 2 from complications the. New Head of Global Music [ 3 ] Gores expanding his agency through acquisitions and mergers,! Sold the company, which employed more than just her landlines ( 5 ) ( 949 363-1627. Is owned by investor Tom Gores and his investment company Crescent Drive Media also an... Financial misstep, losing $ 17.4 million in a game of backgammon to gambling! Google Privacy Policy [ 19 ], on 18 April 2019, was. Alec, 15, was the oldest of the company, beginning with his own, was! & # x27 ; s contact info his own, which is by! 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