Get Notified when Michael E Flanagan's info changes. 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]. 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. It always has been and always will be. 2023 Deadline Hollywood, LLC. 2023 Deadline Hollywood, LLC. 2023 Variety Media, LLC. The information you have is wrong, a spokeman said. Broadway star Nick Cordero passed away on July 5 due to complications from coronavirus. In 1993, Gores founded Paradigm, a name he came up with after reading a book on leadership. 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. 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 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. 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. Its hard to find new money to make up for that loss.. In 2003 Alec launched Gores Capital Partners, a private equity fund, followed by a second fund, Gores Capital Partners II, a few years later. 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. 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. He was 82. 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. 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. The Gores have also retained Bruce Rosenblum, a former Warner Bros. executive in the studios TV group, as an advisor on the agencys growth. 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. SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. 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. Ovitz became the face of talent agents, and he is credited with helping to carve out a larger, more competitive role for the genteel agents of that time. 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The big agencies already kicked the tires on Paradigm in an effort to acquire the music department; Gersh isnt going to merge with anyone. Rosenblum spent 26 years with Warner Bros. TV, rising to head of the division before leaving in 2013. Klein put together black-ish, its two spinoffs and much more over the years. Signup for Breaking News Alerts & Newsletters. Michael Wang may also have lived outside of Brea, such as Los Angeles, Rowland Heights and 2 other cities in California. 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. [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. The end is near for Paradigm as a standalone agency, one top agent said. on your behalf. 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. The firm laid out $226 million to acquire 32 companies over the next five years, resulting in a profit of $940 million. Variety and the Flying V logos are trademarks of Variety Media, LLC. Tonight, Gores sent an internal email that sought to reassure remaining staff about what the future held for the agency. Allen Daviau, a 5-time Oscar-nominated cinematographer, died April 15 at age 77. 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. Eddie Large, one-half of the comedy duo Little and Large, died April 2 after contracting coronavirus while hospitalized for heart failure. 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. 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.. Sadly, his father died of cancer shortly after the deal closed. Employees that were either suspended without pay, suffered salary reductions or were terminated should be asking why the millions of dollars are being spent on the after the fact fund, the ParaTimes newsletter and motions in litigation to keep the case private instead of on their own contractural rights to payments and health insurance during this pandemic. 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. If you checked you would find this is in violation of California law.. Umberto has been profiled in such publications as The Washington Post, Variety and Grantland. 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. 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. All Rights Reserved. The Wrap exclusively reported last June that the mogul had begun negotiations to acquire the assets. 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. 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. He was 69. It had taken five years to get a visa; sons Elias, Samir, and Tewfic spoke no English. Sam Gores, Chairman and CEO, opened his first agency, SGA Representation, Inc. in 1986. PARADIGM AGENCY. That reporter was from Forbes. Alec struck out on his own in 1978,getting an $8,000 loan from his dad and setting up a computer hardware and software distribution business in his basement. 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. Gores instead opted for more widely applied pay cuts throughout the company, beginning with his own, which was cut in full. Rapper Fred the Godson died after contracting coronavirus, a representative confirmed to Complex. Debbee Klein has taken this action not just for her own benefit, but on behalf of all those Paradigm employees in order to ensure that some measure of justice is done and Gores is made to pay for his iniquitous deeds, Freedman concludes with little to no ambiguity in an already pretty stark and haunted COVID-19 landscape. Landlines (5) (949) 495-5990 (949) 363-1627 Show 3 More Cell Phones (1) . 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. To make matters worse, the shutdown of the concert business happened at the agencys low cash point, when it operated on loans that floated the company until the flush months of the summer and the festival and outdoor concert season. 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. 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. 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. She was 74. 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. See a problem? 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. 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. He was 61 years old. Sergio Rossi, the Italian shoe designer, died at age 84 after being hospitalized with the virus, the brand confirmed in an Instagram post Friday. They effectively held him hostage.. 331 S Brea Blvd Brea CA 92821 (281) 888-4103. [17], In January 2017, music agencies AM Only and The Windish Agency formally became known as Paradigm Talent Agency, after partnerships since 2012 and 2015, respectively. Klein filed the suit on April 1, alleging that she had been fired in breach of an oral agreement. The Hollywood Reporter is a part of Penske Media Corporation. 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.. Unlock premium content with a subscription. 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 The Extra-Terrestrial" and "The Color Purple". On this Wikipedia the language links are at the top of the page across from the article title. 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.". Ron DeSantis, How Much Is a Lost Producer Credit Worth? He was 34. Bob Iger Calls for Disneys Return to the Office But Will Hollywoods Remote Workers Listen? 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. 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. He was 83. Also Read: Paradigm President Greg Bestick to Retire From Talent Agency. Art director Matteo De Cosmo, who worked on films including "Emergence," "The Punisher" and "Luke Cage," died of coronavirus complications. 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. His works included "Master Class," "Love! 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. 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. The world continues to be upended by the coronavirus pandemic, with more people contracting COVID-19 as the days pass. 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. . Financial details were not disclosed. difficult and urgent actions we took on March 20th were the hardest of my 37-year career. Bruce also served as the Chairman and CEO of the Television Academy from January 2012 through December 2016. Paradigm is the first major talent agency engaged in television packaging to sign a new franchise agreement with the WGA. 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. Paradigm has established a $1.1M Employee Relief Fund to provide additional support of I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. Umberto has been covering the fanboy beat & breaking scoops for 20 years with numerous Hollywood trade, newspaper, & magazine mentions to his credit. Ill contact you again on or before Friday with more information about the Employee Relief Fund. 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 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. 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. . Movies. 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. Paradigm is not spending millions of dollars to clean up Sams reputation, which has only been tarnished by the falsehoods in Ms. Kleins lawsuit. "Ellis Marsalis was a legend. Bruce is an experienced and capable industry veteran. 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. 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. 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. go back to work as a community at the agency Im proud to call my home. Subscribe to our newsletters 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. Back on May 20, Gores denied a report that sports and media mogul Casey Wasserman would buy Paradigm. Rosenblum spent 26 years at Warner Bros. including 14 as president of Warner Bros. Television Group. 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. 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. 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. 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. "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. Adam Schlesinger, Fountains of Wayne singer and "Crazy Ex-Girlfriend" contribute, died at the age of 52 from coronavirus complications on April 1. 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. 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. Back on May 20, Gores denied a report that sports and media mogul Casey Wasserman would buy Paradigm. Deadline is a part of Penske Media Corporation. [3] Sam immediately went to work bagging groceries in an uncle's supermarket, and worked his way through high school as a butcher. Did Disney Buy a Dud With Fox? A third fund debuted in 2011, aptly called Gores Capital Partners III. 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. 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. Allen Garfield, who appeared in such films as The Conversation, Nashville and Irreconcilable Differences, died April 7 due to coronavirus complications, according to his sister. 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 sentiment was widespread among the talent agencies in Hollywood and their business colleagues. 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. Gores confirmed the investment from Crescent Drive, which is owned by investor Tom Gores, who already has a stake in the agency. Signup for Breaking News Alerts & Newsletters. But an individual with knowledge of the matter told TheWrap at the time that Wasserman was in talks to buy the agency. They were promptly given new American names by their aunt, who picked them up at the airport: Alec, Sam, and Tom. Deadline is a part of Penske Media Corporation. Then last September, 180 Paradigm staffers were permanently let go. The Gores have also retained Bruce Rosenblum, a former Warner Bros. executive in the studios TV group, as an advisor on the agencys growth. He ended up not cutting people because of negative press on the firings, an insider told TheWrap at the time. Gores is one of a trio of high-achieving brothers making their mark in Southern California. The correspondence to rivals was specifically about agents that were not laid off and therefore had enforceable contracts. our temporarily laid off employees. 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. Paradigm has won the Pollstar Award for Booking Agency of the Year four times, in 2016,[2] 2018,[3] 2019[4] and 2020. No directors left. The move to bring in Rosenblum suggests that Sam Gores is considering a broader transaction for the agency. 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. Michael Mau Shun Wang, 75. The agency expanded further the following year, bringing ATM & Associates into the fold. Anybody that was anyone. He was 78. Over the past weeks, we have been working to mitigate the effects of these temporary layoffs and They effectively held him hostage.. He was 79. Paradigms great strength is its enormously talented staff. 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. 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. But even all of this has not involved anywhere near a million dollars, let alone millions of dollars.. By subscribing, I agree to the Terms of Use and Privacy Policy. Legendary Auburn football coach Pat Dye died on June 1 after combating COVID-19 and other medical conditions. [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. Valour! 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