I thought youd like to know about several actions Paradigm has taken to ensure that the company remains on solid ground. Gores instead opted for more widely applied pay cuts throughout the company, beginning with his own, which was cut in full. Although her cause of death was not immediately known, a friend told the Associated Press that she had been diagnosed with COVID-19. 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. Allen Daviau, a 5-time Oscar-nominated cinematographer, died April 15 at age 77. He was 52. Send us a tip using our annonymous form. Valour! 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]. 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. Get our latest storiesin the feed of your favorite networks. He took a job at General Motors as a computer programmer, but hated it. Since the layoffs last year, theres been a mass exodus of clients across the board, the former agent said. 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. View Michael's Contact Info. 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. 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. [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. 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. 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. He spent 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. Claim this business (281) 888-4103. He was 70. "Ellis Marsalis was a legend. 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. A merger between whats left of Paradigm and APA is the likely outcome, the top agent said. 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. When the Gores family left Israel for Detroit in 1968, they were just about broke. 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. In 2012 Alec made a rare financial misstep, losing $17.4 million in a game of backgammon to Irish gambling legend JP McManus. 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. Of course, Paradigm was not the only agency impacted by the pandemic. By subscribing, I agree to the Terms of Use and Privacy Policy. 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. 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. Paradigm Chairman and CEO Sam Gores on what makes a good acquisition or partnership target when looking to expand: "It starts with whos in charge, whos at the base or foundation. [7] Gores now serves on The American Academy of Dramatic Arts Board of Trustees.[8]. The move to bring in Rosenblum suggests that Sam Gores is considering a broader transaction for the 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. Phone Numbers. She was 54. He was 41. Did Disney Buy a Dud With Fox? See Gores full announcement letter below. Trini Lopez, the singer of "If I Had a Hammer" and an actor in "The Dirty Dozen," died on Aug. 11 from COVID-19. 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. 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. 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. 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. It always has been and always will be. 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. Rosenblum spent 26 years at Warner Bros. including 14 as president of Warner Bros. Television Group . 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. Ron DeSantis, How Much Is a Lost Producer Credit Worth? We provide email, phone, address, along with clients info for thousands of entertainment professionals. The fierce advocate for the AAPI community was 89. 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. All Rights Reserved. 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. We reached out to Paradigm tonight for a response to the lawsuit and will update if and when we hear from them. He then went to Western Michigan University and became the first person in his family to finish college. Alecs daughter, Rochelle Gores Fredston, founded the Philanthropic Society Los Angeles in 2010 (renamed Learning Lab Ventures in 2017). . 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. Anybody that was anyone. 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The organization is focused on education, and provides disadvantaged students with after-school learning and enrichment programs. months of film and television productions, concerts, tours, and festivals were cancelled or postponed overnight, every aspect of our business was dramatically impacted. 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. [3] His older brother, Alec Gores, and his younger brother, Tom Gores, both founders of private equity firms, have been included on the Forbes list as among the wealthiest people in the world. I have forgone my salary for the remainder of 2020, and beyond if necessary. 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. 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? The information you have is wrong, a spokeman said. [6] They settled near Flint, Michigan. 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. After school, he worked without salary as an agent at The Gage Group, Inc., founded by Martin Gage, for almost two years while selling shoes on the side to support himself. The biggest player is Creative Artists Agency (CAA), which was founded in 1975 by Michael Ovitz and four others. This is a huge step forward in a situation that stretches back almost two years. 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. 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. 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. 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. 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. Also Read: Paradigm President Greg Bestick to Retire From Talent Agency. Tonight, Gores sent an internal email that sought to reassure remaining staff about what the future held for the agency. Its hard to find new money to make up for that loss.. Resides in Brea, CA. Among the many other bombshells is an alleged and ultimately unsuccessful strong arming of Klein earlier this year. Michael Gores, Soundtrack: Bad Moms. our teams and help you maintain your books of business. Colin Powell is the latest notable person to die from complications of the illness. 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. In January 2014, Paradigm acquired a 50% stake in the London-based Coda Agency. 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. 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.". A former Paradigm agent said the agency started to hemorrhage clients after the layoffs began. 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. considered these layoffs temporary and it bears repeating that our intention is to bring as many 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. 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. He did it for the kids, to make sure we have a better future.. Back on May 20, Gores denied a report that sports and media mogul Casey Wasserman would buy Paradigm. 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