[1] As of 2014, Paradigm represents roughly 1,000 bands and artists,[1] including Ed Sheeran, Fun., Janelle Mone and Jason Mraz;[1] and has grown to eight offices Beverly Hills, Manhattan, Monterey, Nashville, Brooklyn, Austin, Hollywood, and London and more than 300 employees. Movies. 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. Sadly, his father died of cancer shortly after the deal closed. 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. Innovative is the same. 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? He currently serves on the Board of Cox Media Group, which is owned by Apollo Global Management. Art director Matteo De Cosmo, who worked on films including "Emergence," "The Punisher" and "Luke Cage," died of coronavirus complications. 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. 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. She was 76. (Michael E Flannigan, Michelle Flanagan) Age Location 60s Brea, CA Age 60s Location Brea, CA Monitor. In response, Kleins attorney, Bryan J. Freedman, said Thursday that he has witnesses whom he cannot identify, some of whom still work at the company, and added that Paradigm has no credibility. Like all other agencies industry wide, staff above Coordinator level are working at reduced But with expenses and payroll in the millions of dollars, Gores last spring decided to temporarily lay off staff and make salary cuts. 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. Tom, the youngest of the three, runs Platinum Equity, a private equity firm in Beverly Hills, and owns the Detroit Pistons basketball team, which he bought in 2011. 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. I dont think well ever make a deal with people who lack integrity or are not revered by the community in general, or who have a trail of bad history behind them. Sam Gores declined to elaborate beyond the memo. Bruce is an experienced and capable industry veteran. Sign up for THR news straight to your inbox every day, Unique expertise on how the law impacts Hollywood pros, projects and processes. He was 80. He frequently collaborated with Steven Spielberg, and worked on such films as "E.T. See Gores full announcement letter below. She also leveled a series of allegations at Gores, claiming that he used company funds to pay for prostitutes for himself and others. 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. Grammy-winning country singer K.T. 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. 360 North Crescent Drive North Building Beverly Hills, CA 90210 Tel: 310-288-8000 Variety and the Flying V logos are trademarks of Variety Media, LLC. She was 78. 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. 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. Despite Mr. Gores recently praising Ms. Klein as the best agent at Paradigm, he rewarded her loyalty and consistent high-performance by terminating her employment via a phone call lasting less than one minute, the five-claim document filed last night in Los Angeles Superior Court (read it here) proclaims. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. THR has reached out to Paradigm for comment on the lawsuit. MICHAEL GORES/SHAWN SCALLON. Menu. 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 has won the Pollstar Award for Booking Agency of the Year four times, in 2016,[2] 2018,[3] 2019[4] and 2020. He was 61 years old. Since the layoffs last year, theres been a mass exodus of clients across the board, the former agent said. 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.. 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. 2023 Variety Media, LLC. 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. 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. 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 . go back to work as a community at the agency Im proud to call my home. Gores confirmed the investment from Crescent Drive, which is owned by investor Tom Gores, who already has a stake in the agency. And Paradigm is being almost as blunt as Klein, almost. [6], In 2004, Paradigm acquired the literary firm Genesis and the Writers & Artists Agency. 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. 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. 2023 Deadline Hollywood, LLC. 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. The motion also alleges that Kleins abusive behavior in the office had caused several other employees to leave the agency. 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. 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. Ron DeSantis, How Much Is a Lost Producer Credit Worth? He currently serves on the Board of Cox Media Group, which is owned by Apollo Global Management. 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.". Back on May 20, Gores denied a report that sports and media mogul Casey Wasserman would buy Paradigm. Sam, who is a year younger than Alec, is chairman of the Paradigm Talent Agency, which represents top-tier talent including Laurence Fishburne, and handled the career of Philip Seymour Hoffman before the actors untimely passing in 2014. 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. Even though she had been on Paradigms top tier for years, Klein says in the lawsuit that she only found out about the sex on the expense accounts scheme in early 2020, from a pink slipped executive assistant of the boss. But even all of this has not involved anywhere near a million dollars, let alone millions of dollars.. 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. 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. Debbee Klein also accused Gores of executing a. Gores is one of a trio of high-achieving brothers making their mark in Southern California. "Ellis Marsalis was a legend. That really rounded out our business."[14]. 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. Resides in Brea, CA. continue to monitor the situation closely. He was 34. Paradigm wont exist on its own after the sale of its music division.. Compassion!" That reporter was from Forbes. 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. The world continues to be upended by the coronavirus pandemic, with more people contracting COVID-19 as the days pass. [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. Valour! Also Read: Do Hollywood Writers Still Need Agents After WGA's Packaging Fee Victory? [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. Discovery Against Paramount Global, Thanos VFX Technology Lawsuit Against Disney Dismissed by Judge, The Definitive Voice of Entertainment News. Our desire is to help 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. 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]. When the Gores family left Israel for Detroit in 1968, they were just about broke. 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. 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. Variety and the Flying V logos are trademarks of Variety Media, LLC. During the Flint water crisis, Tom pledged $10 million for relief efforts. 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. 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. . Colin Powell, a former top military officer who rose to become the first Black Secretary of State under President George W. Bush, died on October 18, 2021 at age 84 of complications from COVID. [1], Amid the Coronavirus outbreak, Gores laid off a large portion of Paradigm's staff, drawing criticism from media and employees. [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. 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. wages until business picks up again. 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. The collapse of Paradigm after a brutal pandemic year means that the agency is unlikely to survive on its own once it completes the sale of its music assets to sports and media mogul Casey Wasserman announced earlier this week, industry insiders told TheWrap. Among the many other bombshells is an alleged and ultimately unsuccessful strong arming of Klein earlier this year. 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. Michael Wang may also have lived outside of Brea, such as Los Angeles, Rowland Heights and 2 other cities in California. While many have recovered, some have died from complications of the illness. The vital and significant actions we took, though necessary for the health of the company, were hard and painful. months of film and television productions, concerts, tours, and festivals were cancelled or postponed overnight, every aspect of our business was dramatically impacted. She was 86. 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. Also Read: Paradigm Revolt: CEO Sam Gores Backs Down After Music Agents Object to 50% Pay Cut. Popular Japanese comedian Ken Shimura, whose career spanned decades, died March 29 due to complications from the coronavirus. He has funded scholarships in the city for underprivileged kids, is on the board of trustees for the Los Angeles County Museum of Art, and previously served on the board of directors at both St. Josephs Hospital and UCLA Medical Center. In another bombshell claim, Kleins suit alleges that Gores failed to inform his business partners at X-Ray Touring and Coda Agency, two London-based powerhouse music agencies, about the planned UTA merger until 48 hours before the deal was set to close. @2019 - The Wrap News Inc. All Right Reserved. considered these layoffs temporary and it bears repeating that our intention is to bring as many 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. Chris Trousdale, a member of the boy band Dream Street, died of coronavirus complications on June 2. Broadway star Nick Cordero passed away on July 5 due to complications from coronavirus. Grammy-winning country music singer Joe Diffie died March 29 due to complications from the coronavirus. 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. Gores instead opted for more widely applied pay cuts throughout the company, beginning with his own, which was cut in full. Its hard to find new money to make up for that loss.. A former Paradigm agent said the agency started to hemorrhage clients after the layoffs began. 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. Soon, there were thousands of layoffs and furloughs at UTA, ICM Partners,APA,CAAandWME. Of course, Paradigm was not the only agency impacted by the pandemic. These are the names of some notable figures from Hollywood and the media that we have lost. Brian Welk. 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. 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. The Gores have also retained Bruce Rosenblum, a former Warner Bros. executive in the studios TV group, as an advisor on the agencys growth. The big agencies already kicked the tires on Paradigm in an effort to acquire the music department; Gersh isnt going to merge with anyone. You are part of this team because we believe in your talent, and we hope that you will be the 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. 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. our teams and help you maintain your books of business. 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. 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. Kleins chief attorney tells Deadline this move is ultimately about more than just her. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. 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 Phil Valentine, Right-wing radio host, died after more than a month-long battle with COVID. In a motion to compel arbitration, the agencys attorneys slammed Klein as a backstabber who allegedly fabricated allegations about prostitution in the lawsuit. Bob Iger Calls for Disneys Return to the Office But Will Hollywoods Remote Workers Listen? A relative set the family up in a small apartment in Flint, Michigan. The Brian Eno and Cocteau Twins collaborator was 84 years old. Ellis Marsalis Jr., New Orleans jazz legend and father of Wynton and Branford Marsalis, died at 85 from COVID-19 complications, Branford said. In 2018 the agency moved to the 82,000-square-foot Wilshire LaPeer building on Wilshire Blvd, where ICM was once headquartered. 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. 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