In 1986, SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. Refine Your Search Results. 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. [6], In 2004, Paradigm acquired the literary firm Genesis and the Writers & Artists Agency. The move is a financial step to aid Paradigm in weathering the coronavirus crisis but also to invest in future growth, Gores letter reads. All Rights Reserved. Here is the internal email sent by Gores this evening: I am committed to improving our flow of communication as we weather this uncertain time. 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. The deal is expected to close in Q2 2021, and the new companys name and configuration will be shared by Wasserman. 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. 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. Our intention is to support you as a member of the Paradigm family. 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. This could also be far from the last such suit to batter Paradigm in the coming weeks. [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. Grammy-winning country singer K.T. Paradigm is not spending millions of dollars to clean up Sams reputation, which has only been tarnished by the falsehoods in Ms. Kleins lawsuit. [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. Adam Schlesinger, Fountains of Wayne singer and "Crazy Ex-Girlfriend" contribute, died at the age of 52 from coronavirus complications on April 1. 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. The move to bring in Rosenblum suggests that Sam Gores is considering a broader transaction for the 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. That reporter was from Forbes. Also Read: Paradigm President Greg Bestick to Retire From Talent Agency. Paradigm wont exist on its own after the sale of its music division.. Popular Japanese comedian Ken Shimura, whose career spanned decades, 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. Movies. While all agencies have struggled during the pandemic, Paradigm has taken a greater hit due to its outsize reliance on the music business, which made up two-thirds of its revenue and featured top talents including Coldplay, Ed Sheeran, Billie Eilish, Janelle Monae and others. 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. 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. [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. 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 . He was 41. 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 merger between whats left of Paradigm and APA is the likely outcome, the top 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 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. 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. 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. From the beginning, we have However, it wasnt a straight shot to success for the Gores boys, who have come to personify the archetypal American dream. Of specific note here especially under the looming and tragic shadow of the COVID-19 crisis Debbee Klein does not appear to have a force majeure clause in her most recent employment contract with Paradigm. He was 86. And while immmediate action was required, I realize that the way the message was conveyed to you lacked compassion and made you feel alienated from Paradigm. Resides in Brea, CA. Advertisement. He was 61 years old. 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 Valour! Allen Daviau, a 5-time Oscar-nominated cinematographer, died April 15 at age 77. Unlock premium content with a subscription. Innovative is the same. See Gores full announcement letter below. 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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. 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. All Rights Reserved. They claim this was a without-paperwork agreement in effect since the start of 2020, borne out by the formers altered take-home pay. On this Wikipedia the language links are at the top of the page across from the article title. The fierce advocate for the AAPI community was 89. He was 79. 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. The shuttering of live events amid the pandemic hit Paradigms revenue hard especially as it scuttled the lucrative summer touring season. our temporarily laid off employees. 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. 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. [19], On 18 April 2019, Paradigm named Marty Diamond as its new Head of Global Music. A former Paradigm agent said the agency started to hemorrhage clients after the layoffs began. 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.. friends, and families as we confront one of the most urgent health and economic challenges of Klein put together black-ish, its two spinoffs and much more over the years. Bruce also served as the Chairman and CEO of the Television Academy from January 2012 through December 2016. 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. 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. She was 86. Let us know. I have forgone my salary for the remainder of 2020, and beyond if necessary. Of course, Paradigm was not the only agency impacted by the pandemic. Alvin Ing, star of Broadway's "Flower Drum Song" and "Pacific Overture" died July 31, 2021 after battling COVID-19 for two weeks. [2], Gores was born in Nazareth, Israel[3] in 1954[3] and raised by his parents alongside his two brothers and three sisters. 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? Chris Trousdale, a member of the boy band Dream Street, died of coronavirus complications on June 2. 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. We reached out to Paradigm tonight for a response to the lawsuit and will update if and when we hear from them. . 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. [9][10] One employee filed a lawsuit, alleging serious misconduct from Gores including payoffs, prostitution and criminal misconduct. He also appeared in "Star Wars: Episode VII" as a member of Leia's resistance. 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. Sign up for THR news straight to your inbox every day, Unique expertise on how the law impacts Hollywood pros, projects and processes. 2023 Variety Media, LLC. 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. But even all of this has not involved anywhere near a million dollars, let alone millions of dollars.. 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. On this Wikipedia the language links are at the top of the page across from the article title. 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. For instance, Little Big Man and Monterey complemented each other -- Monterey had all the legacy artists and big bands and [LBM founder] Marty [Diamond] had all the cool stuff that was up-and-coming. . 360 North Crescent Drive North Building Beverly Hills, CA 90210 Tel: 310-288-8000 Get our latest storiesin the feed of your favorite networks. Alecs daughter, Rochelle Gores Fredston, founded the Philanthropic Society Los Angeles in 2010 (renamed Learning Lab Ventures in 2017). [3] Gores expanding his agency through acquisitions and mergers. Bruce also servedas the Chairman and CEO of the Television Academy from January 2012 through December 2016. Soon, there were thousands of layoffs and furloughs at UTA, ICM Partners,APA,CAAandWME. 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. 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. Terrence McNally, a four-time Tony Award-winning playwright, died on March 24 at the age of 81 of complications from the coronavirus. Send us a tip using our annonymous form. 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. Harold Budd, ambient musician and composer for several Hollywood films, died from complications of the coronavirus, his manager said Dec. 8. Sam has donated to Childrens Hospital Los Angeles. Since the layoffs last year, theres been a mass exodus of clients across the board, the former agent said. Oslin, died Dec. 21. But with expenses and payroll in the millions of dollars, Gores last spring decided to temporarily lay off staff and make salary cuts. Gores represented Academy Award-winning actor Philip Seymour Hoffman,[3] and was described as the most un-agent agent in the business because hes a human being first, by another one of his clients, Laurence Fishburne. 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. He currently serves on the Board of Cox Media Group, which is owned by Apollo Global Management. Paradigm moved into the former headquarters of MCA Inc. on Crescent Drive in Beverly Hills and expanded its list of customers to include a broad base of Hollywood, Broadway, literary, television and musical talent. 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. Also Read: Paradigm President Greg Bestick to Retire From Talent Agency. It always has been and always will be. The information you have is wrong, a spokeman said. Gores instead opted for more widely applied pay cuts throughout the company, beginning with his own, which was cut in full. Michael Gores is a agent, and works at Paradigm Talent Agency. He was 78. You are part of this team because we believe in your talent, and we hope that you will be the Stay safe, stay well, and well continue to be in touch and keep you informed regarding our efforts Ellis Marsalis Jr., New Orleans jazz legend and father of Wynton and Branford Marsalis, died at 85 from COVID-19 complications, Branford said. Last year, Platinum Equity closed a deal to acquire the Australia and New Zealand operations of Staples Inc., and relaunched the chain as Winc (work incorporated). The sentiment was widespread among the talent agencies in Hollywood and their business colleagues. provide extended benefits, comfort, and assistance as we prepare for this pandemic to end and His company has been acquiring agencies, many of them in the music industry" by Claire Hoffman, Forbes: The World's Billionaires - Tom Gores, Palestinian Surprise: "TALENT AND LITERARY AGENT SAM GORES", "Board of Trustees | The American Academy of Dramatic Arts", "Coronavirus unemployment: Paradigm staff say they were misled - Los Angeles Times", "Paradigm Revolt: CEO Sam Gores Backs Down After Music Agents Object to 50% Pay Cut", "Paradigm Agent's Lawsuit May Be First of Many Coronavirus Breach of Contract Claims", "Paradigm Hit With Blistering $2M Breach Of Contract Suit By Debbee Klein; Sam Gores' Agency Says "False, Frivolous & Scurrilous" Update", "Company funds used for prostitutes, alleges ex-partner at Paradigm Talent Agency", "Former agent's allegations of company funds paying for prostitutes 'pure fabrication,' talent agency says", "Paradigm's Sam Gores Accused of Using Corporate Funds for Prostitutes", "Debbee Klein and Paradigm Agree to Settle Dispute in Arbitration", "Paradigm Responds To Debbee Klein's Suit: Sam Gores' Ex-Asst Calls Prostitutes Claims "Blatant Lies"; Agency Seeks Arbitration For Case", Americada: "Gores, King and White Join Academys Board", https://en.wikipedia.org/w/index.php?title=Sam_Gores&oldid=1128888634, Articles with unsourced statements from March 2018, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 22 December 2022, at 13:58. Sam Gores worked his way up the Hollywood food chain. In 2018 the agency moved to the 82,000-square-foot Wilshire LaPeer building on Wilshire Blvd, where ICM was once headquartered. We are disrupting generational poverty, Gores Fredston told the audience at a gala fund-raiser last year. 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. In the approximately 18 years I worked with Sam at Paradigm, he never once asked me to procure a prostitute for him or anyone else, the former assistant said in the declaration. 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. Broadway star Nick Cordero passed away on July 5 due to complications from coronavirus. By subscribing, I agree to the Terms of Use and Privacy Policy. Did Disney Buy a Dud With Fox? Paradigm has established a $1.1M Employee Relief Fund to provide additional support of 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. 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. 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. You have to try to bring costs down more in line with revenues, another agency insider explained. 10 Sam Gores - Paradigm Talent Agency. There are no discussions taking place between APA and Paradigm, according to an APA spokesperson. 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. 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. Send us a tip using our annonymous form. Tonight, Gores sent an internal email that sought to reassure remaining staff about what the future held for the agency. 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. The world continues to be upended by the coronavirus pandemic, with more people contracting COVID-19 as the days pass. A rep for Gores declined to comment for this story. 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. View Michael's Contact Info. It said the agency owes Klein nearly $2 million remaining under the terms of her contract and that Gores gambit was to fire her and avoid scrutiny by terminating Ms. Klein in the midst of the present pandemic.. In 1986 he founded his own shop, SGA Representation, and after a series of mergers and acquisitions, the Paradigm Talent Agency was born. Sam Gores, Chairman and CEO, opened his first agency, SGA Representation, Inc. in 1986. wages until business picks up again. EXCLUSIVE: UPDATE, 11:48 AM:It took almost half a day, but Paradigm Talent Agency has finally responded to the more than $2 million lawsuit that Debbee Klein launched like a cruise missile late last night at the Sam Gores-run company for being unceremoniously axed last month after over two decades in the trenches. Variety and the Flying V logos are trademarks of Variety Media, LLC. Variety is a part of Penske Media Corporation. producer Joel Rogosin died of coronavirus at the MPTF nursing home. Built from Indiana limestone and granite accented with stainless steel, it features a granite reflecting pool and three water sculptures by artist Eric Orr. If you have any questions regarding the structure that has been put in place to support agents and their team members who have been temporarily laid off, please contact your office leader or department head. The motion also alleges that Kleins abusive behavior in the office had caused several other employees to leave the agency. 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.. 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. difficult and urgent actions we took on March 20th were the hardest of my 37-year career. 2023 Deadline Hollywood, LLC. Rosenblum spent 26 years with Warner Bros. TV, rising to head of the division before leaving in 2013. 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. All Rights Reserved. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Herman Cain, the former CEO of Godfather's Pizza who sought the Republican nomination for president in 2012, died July 30 from complications of the coronavirus. on your behalf. Deadline is a part of Penske Media Corporation. Debbee Klein also accused Gores of executing a. [3], In 2005, Paradigm's entered the music industry when it acquired Monterey Peninsula Artists[1] and its roster of clients expanded to include The Black Eyed Peas, Aerosmith, Dave Matthews Band and Toby Keith. Legendary Auburn football coach Pat Dye died on June 1 after combating COVID-19 and other medical conditions. He was 80. These are the names of some notable figures from Hollywood and the media that we have lost. Financial details were not disclosed. 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. of you back as possible. [3] Gores expanding his agency through acquisitions and mergers. The other brothers havent done too badly, either. 9 ] [ 10 ] One employee filed a lawsuit, alleging serious from! Agent said the agency moved to the 82,000-square-foot Wilshire LaPeer Building on Wilshire,... March 20th were the hardest of my 37-year career, alleging serious from. Of Paradigm and APA is the likely outcome, the former agent said especially. To Gores/Fields the company, beginning with his own, which is owned by Apollo Management!, Gores Fredston, founded the Philanthropic Society Los Angeles in 2010 ( Learning. Lawsuit and will update if and when we hear from them urgent actions we took on March 24 the. For a response to the lawsuit and will update if and when hear..., the Definitive Voice of Entertainment News have forgone my salary for the AAPI community was 89 3! Of complications from coronavirus Bros. TV, rising to Head of the page across from the such... 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