But even all of this has not involved anywhere near a million dollars, let alone millions of dollars.. That really rounded out our business."[14]. Because the lies in the lawsuit were reported in the media, it also had to involve public relations people to help interface with the media and its employees to ensure they were properly informed. Then last September, 180 Paradigm staffers were permanently let go. The plan was to have Klein engage in a conspiracy to pay the agency $500,000 from her salary so Gores could show Paradigms bank that its income stream was consistent with his prior representations. Didnt go as planned, the suit makes clear. Paradigm Physician Service. 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[17], Gores is a member of the Academy of Motion Picture Arts and Sciences, the Academy of Television Arts and Sciences and the Recording Academy. 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 addition, she accused Gores of lying about the reasons for the failure of a merger with UTA. The agency expanded further the following year, bringing ATM & Associates into the fold. 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. In 2012, Paradigm expanded into the burgeoning electronic dance music business by forming a joint venture partnership with AM Only,[15] a leading Electronic Dance Music agency whose client list includes genre superstars David Guetta, Skrillex and Tisto. Paradigms attorneys also denied Kleins allegation about the $500,000, saying such a small amount would have made no difference to the agencys lenders. people who will help build Paradigms future after the COVID crisis. Also Read: Paradigm President Greg Bestick to Retire From Talent Agency. Kleins chief attorney tells Deadline this move is ultimately about more than just her. 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. [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. He did it for the kids, to make sure we have a better future.. 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. Michael Mau Shun Wang, 75. He wrote on social media of his diagnosis on April 6, but he did not recover. 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. "Knight Rider" and "Magnum P.I." 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. 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. 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. More. He became the fifth person to die from COVID-19 complications at the facility. All Rights Reserved. But an individual with knowledge of the matter told TheWrap at the time that Wasserman was in talks to buy the agency. The Gores have also retained Bruce Rosenblum, a former Warner Bros. executive in the studios TV group, as an advisor on the agencys growth. months of film and television productions, concerts, tours, and festivals were cancelled or postponed overnight, every aspect of our business was dramatically impacted. 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. The big agencies already kicked the tires on Paradigm in an effort to acquire the music department; Gersh isnt going to merge with anyone. 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. 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. Back on May 20, Gores denied a report that sports and media mogul Casey Wasserman would buy Paradigm. 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. 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. He was 83. [citation needed]. Brian Welk. By subscribing, I agree to the Terms of Use and Privacy Policy. Though Gores himself isn't actually named as a defendant in Klein's initial complaint, the Paradigm repeatedly with tales of unrewarded loyalty, the claims of "his sexual dalliances with. 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Ellis Marsalis Jr., New Orleans jazz legend and father of Wynton and Branford Marsalis, died at 85 from COVID-19 complications, Branford said. A third fund debuted in 2011, aptly called Gores Capital Partners III. I thought youd like to know about several actions Paradigm has taken to ensure that the company remains on solid ground. Agents had thought 2020 would line up to be one of Paradigms best years for music-related bookings, with clients like Eilish and Kenny Chesney prepping major tours. Of course, Paradigm was not the only agency impacted by the pandemic. During the years 1992 and 1993 Gores forged pacts with STE Representations; Robinson, Weintraub, Gross & Associates, and Shorr, Stille & Associates to create Paradigm Talent Agency. 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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. He served as head of TV and digital for Legendary from 2013 to 2016 and headed business operations at Disney/ABC TV Group from 2016 to 2017. 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. In signing the agreement, it enables our literary agents to re-sign our writer clients and get them back to work. Back on May 20, Gores denied a report that sports and media mogul Casey Wasserman would buy Paradigm. 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. 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. He was 74. During the Flint water crisis, Tom pledged $10 million for relief efforts. Paradigm has secured interim financing that will provide a bridge through this global crisis. 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. 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. Oslin, died Dec. 21. In 1986 he founded his own shop, SGA Representation, and after a series of mergers and acquisitions, the Paradigm Talent Agency was born. Get our latest storiesin the feed of your favorite networks. 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. [16] Paradigm further expanded its European presence by partnering with London-based X-ray Touring in 2017. See Gores full announcement letter below. 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. @2019 - The Wrap News Inc. All Right Reserved. Tom, the youngest brother, started his career working for Alec at The Gores Group. Allen Daviau, a 5-time Oscar-nominated cinematographer, died April 15 at age 77. our teams and help you maintain your books of business. 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? 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. See Gores full announcement letter below. Anybody that was anyone. Bruce is an experienced and capable industry veteran. She was 89. Unlock premium content with a subscription. The world continues to be upended by the coronavirus pandemic, with more people contracting COVID-19 as the days pass. Klein filed the suit on April 1, alleging that she had been fired in breach of an oral agreement. In 1986, SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. Advertisement. The Brian Eno and Cocteau Twins collaborator was 84 years old. She was 78. Send us a tip using our annonymous form. 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. Refine Your Search Results. An 8-to-5 job just wasnt a fit, he once told an interviewer. Ill contact you again on or before Friday with more information about the Employee Relief Fund. Also Read: Paradigm President Greg Bestick to Retire From Talent Agency. 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. The other four are Lee Anderson, Sam Hunt, Jonathan Levine and Jackie Nalpant. After several years at The Gage Group, Gores left to open his own agency, SGA Representation,[1][3] and began to expand his business over time by acquiring other agencies. When the Gores family left Israel for Detroit in 1968, they were just about broke. 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 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. 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. A merger between whats left of Paradigm and APA is the likely outcome, the top agent said. Resides in Brea, CA. 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. Broadway star Nick Cordero passed away on July 5 due to complications from coronavirus. Sam Gores brother Tom Gores and his investment company Crescent Drive Media has taken an ownership stake in Paradigm, the agencys CEO Sam Gores announced in a letter to employees Thursday, obtained by TheWrap. 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 UTA deal, and the complaint says he lied to the public and Paradigms line agents, claiming he made the decision to call off the merger., Klein, a 23-year Paradigm veteran, also alleges that she had to repeatedly endure Gores repugnant and outdated sexism and demeaning treatment of women, including listening to his disgusting and lascivious comments about his sex life. The complaint also says Klein was passed over for promotion of less qualified male agents at her expense., The lawsuit said Klein had a binding oral employment contract under which she could only be terminated for good cause, meaning her job loss was in direct breach of the employment contract. Popular Japanese comedian Ken Shimura, whose career spanned decades, died March 29 due to complications from the coronavirus. 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. Like all other agencies industry wide, staff above Coordinator level are working at reduced The Gores have also retained Bruce Rosenblum, a former Warner Bros. executive in the studios TV group, as an advisor on the agencys growth. Directions Advertisement. 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. friends, and families as we confront one of the most urgent health and economic challenges of The other brothers havent done too badly, either. It had taken five years to get a visa; sons Elias, Samir, and Tewfic spoke no English. The biggest player is Creative Artists Agency (CAA), which was founded in 1975 by Michael Ovitz and four others. Gores instead opted for more widely applied pay cuts throughout the company, beginning with his own, which was cut in full. On this Wikipedia the language links are at the top of the page across from the article title. View Michael's Contact Info. In 1993, Gores founded Paradigm, a name he came up with after reading a book on leadership. 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. Currently, hes on the board of Cox Media Group and was also the chairman and CEO of the Television Academy between 2012 and 2016. Bruce also served as the Chairman and CEO of the Television Academy from January 2012 through December 2016. Among the many other bombshells is an alleged and ultimately unsuccessful strong arming of Klein earlier this year. All Rights Reserved. [6][18], Gores is father to three children and grandfather to five grandchildren. The move was a financial step to aid Paradigm in weathering the coronavirus crisis but also to invest in future growth.. 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 We reached out to Paradigm tonight for a response to the lawsuit and will update if and when we hear from them. Rapper Fred the Godson died after contracting coronavirus, a representative confirmed to Complex. 10 Sam Gores - Paradigm Talent Agency. Debbee Klein also accused Gores of executing a . Paradigms great strength is its enormously talented staff. 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He frequently collaborated with Steven Spielberg, and worked on such films as "E.T. View Michael Campos results in Brea, CA including current phone number, address, relatives, background check report, and property record with Whitepages. Terrence McNally, a four-time Tony Award-winning playwright, died on March 24 at the age of 81 of complications from the coronavirus. With offices in 10 cities and clients including Janelle Monae and Phish, hes become one of the top agents in Hollywoodbut, while wildly successful, hes a relative pauper compared to his billionaire brothers. 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. The motion also alleges that Kleins abusive behavior in the office had caused several other employees to leave the agency. 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. Alvin Ing, star of Broadway's "Flower Drum Song" and "Pacific Overture" died July 31, 2021 after battling COVID-19 for two weeks. She was 86. The moves come as Paradigm is grappling with a cash flow crunch exacerbated by the coronavirus crisis. 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. 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. . 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. . 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. In 1995 he decided to go it alone, starting Platinum Equity. Legendary Auburn football coach Pat Dye died on June 1 after combating COVID-19 and other medical conditions. The move to bring in Rosenblum suggests that Sam Gores is considering a broader transaction for the agency. Deadline heard rumors that Gores was going to send missives to rival agencies asking they not hire those laid off agents, who still technically are tethered to Paradigm for 90 days. MICHAEL GORES/SHAWN SCALLON. 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. Sam Gores worked his way up the Hollywood food chain. Discovery Content, iHeartMedia CEO Sees A Certain Rationality Returning to the Podcast Deal Space, Writers Guilds David Young Takes Medical Leave of Absence, Ellen Stutzman Steps in as Chief Negotiator, AMC Theatres Quarterly Loss Increases to $287M, Overall Revenues Fall, Live Events Boost Endeavor, as Ari Emanuel Says Firm Is Well-Positioned Even if Writers Strike, Disney Loses Control of Special District to Florida Gov. This occurred less than an hour after he sent Ms. Klein a text message stating, dont know whats going to happen, but wanted to say hi and love you,' the packed compliant from lawyers Bryan Freedman and Sean Hardy notes of the March 20 axing, building a rather forceful narrative. Mark Blum, who starred in "Desperately Seeking Susan," "Crocodile Dundee" and the Lifetime/Netflix series "You," died on March 26 of coronavirus complications. Also Read: Do Hollywood Writers Still Need Agents After WGA's Packaging Fee Victory? 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