All Rights Reserved. No directors left. Deadline is a part of Penske Media Corporation. 2023 Variety Media, LLC. 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. 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. Phone Numbers. Advertisement. We reached out to Paradigm tonight for a response to the lawsuit and will update if and when we hear from them. He began working at his uncles grocery store the morning after they arrived, bagging groceries for 25 cents an hour. 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. His works included "Master Class," "Love! Directions Advertisement. 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. 2023 The Hollywood Reporter, LLC. The organization is focused on education, and provides disadvantaged students with after-school learning and enrichment programs. 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. But an individual with knowledge of the matter told TheWrap at the time that Wasserman was in talks to buy the agency. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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. 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. [citation needed]. Paradigms attorneys also denied Kleins allegation about the $500,000, saying such a small amount would have made no difference to the agencys lenders. Send us a tip using our annonymous form. The motion also alleges that Kleins abusive behavior in the office had caused several other employees to leave the agency. Trini Lopez, the singer of "If I Had a Hammer" and an actor in "The Dirty Dozen," died on Aug. 11 from COVID-19. [1], Amid the Coronavirus outbreak, Gores laid off a large portion of Paradigm's staff, drawing criticism from media and employees. Sam Gores, Chairman and CEO, opened his first agency, SGA Representation, Inc. in 1986. We want to hear from you! 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 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. The problem with Klein is that she is an abusive, brazen, and repugnant person who routinely clashed with others at Paradigm, the motion states. She was 76. 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. 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. Ellis Marsalis Jr., New Orleans jazz legend and father of Wynton and Branford Marsalis, died at 85 from COVID-19 complications, Branford said. So that leaves APA., Also Read: Casey Wasserman Acquires Paradigm's North American Music Assets. He worked with such legends as Thelonius Monk, Charles Mingus and Sonny Rollins. In January 2014, Paradigm acquired a 50% stake in the London-based Coda Agency. He ended up not cutting people because of negative press on the firings, an insider told TheWrap at the time. 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. 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. She also leveled a series of allegations at Gores, claiming that he used company funds to pay for prostitutes for himself and others. Michael Mando Exits Apple Series; . 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. You have to try to bring costs down more in line with revenues, another agency insider explained. A merger between whats left of Paradigm and APA is the likely outcome, the top agent said. Eventually, Gage brought Gores on staff. 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. 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. 2023 Variety Media, LLC. before Friday, April 10. Landlines (5) (949) 495-5990 (949) 363-1627 Show 3 More Cell Phones (1) . See Gores full announcement letter below. "Ellis Marsalis was a legend. 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. . 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. I thought youd like to know about several actions Paradigm has taken to ensure that the company remains on solid ground. 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. Henry Grimes, celebrated jazz bassist, died on April 15 at age 84, according to WGBO. Over the past weeks, we have been working to mitigate the effects of these temporary layoffs and Ill contact you again on or before Friday with more information about the Employee Relief Fund. 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. 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. We want to hear from you! 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. This is a huge step forward in a situation that stretches back almost two years. Bruce also served as the Chairman and CEO of the Television Academy from January 2012 through December 2016. Movies. The 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 . [7] Gores now serves on The American Academy of Dramatic Arts Board of Trustees.[8]. 2023 Deadline Hollywood, LLC. Gores is one of a trio of high-achieving brothers making their mark in Southern California. [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. 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 Talent Agency fired back on Thursday against Debbee Klein, the high-level TV agent who filed an explosive suit against the company last week. If you checked you would find this is in violation of California law.. Strategically, the alliance planted a flag for Paradigm in London and, by extension, Europe and other international markets. Get our latest storiesin the feed of your favorite networks. 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]. Signup for Breaking News Alerts & Newsletters. Variety and the Flying V logos are trademarks of Variety Media, LLC. Variety is a part of Penske Media Corporation. provide extended benefits, comfort, and assistance as we prepare for this pandemic to end and An 8-to-5 job just wasnt a fit, he once told an interviewer. 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.. 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. 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. That really rounded out our business."[14]. 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. But the blood was in the water after the initial layoffs. In 1986, SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. In 1993, Gores founded Paradigm, a name he came up with after reading a book on leadership. Phil Valentine, Right-wing radio host, died after more than a month-long battle with COVID. 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. 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. Paradigms great strength is its enormously talented staff. He was 82. In 1986 he founded his own shop, SGA Representation, and after a series of mergers and acquisitions, the Paradigm Talent Agency was born. 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 Variety and the Flying V logos are trademarks of Variety Media, LLC. 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. Mark Blum, who starred in "Desperately Seeking Susan," "Crocodile Dundee" and the Lifetime/Netflix series "You," died on March 26 of coronavirus complications. MICHAEL GORES/SHAWN SCALLON. Bruce is an experienced and capable industry veteran. In 2003 Alec launched Gores Capital Partners, a private equity fund, followed by a second fund, Gores Capital Partners II, a few years later. The other brothers havent done too badly, either. Thats been even more true for Paradigm because it relied so heavily on clients who generate most of their revenues from live performances that show no sign of returning soon. Hasbro Launches Clue Immersive Instagram Murder Mystery Game Series (Exclusive), Bethlyn Hand, Former Senior Exec at Motion Picture Association of America, Dies at 85, Don Lemon to Undergo Formal Training After Nikki Haley Remarks, Will Return to CNN Show Wednesday, Anil Kapoor Talks Night Manager Indian Adaptation, Playing Villains and Taking Risks, Paradigm Signs 5-Year Agreement With Writers Guild, Paradigm Claims Former Agent's $2 Million Lawsuit Is "False, Frivolous", Australias Foxtel Inks Multi-Year Deal to Retain Warner Bros. They effectively held him hostage.. In addition, she accused Gores of lying about the reasons for the failure of a merger with UTA. 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. 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. [6][18], Gores is father to three children and grandfather to five grandchildren. Built from Indiana limestone and granite accented with stainless steel, it features a granite reflecting pool and three water sculptures by artist Eric Orr. American rock musician Alan Merrill, best known for co-writing and recording the original version of "I Love Rock 'n' Roll," died March 29 of complications from the coronavirus. All Rights Reserved. Thus far, Gores Fredston has raised over $17 million to support initiatives for at-risk kids, and its a reasonable assumption that this figure will only grow over time. 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. She was 86. In 2012 Alec made a rare financial misstep, losing $17.4 million in a game of backgammon to Irish gambling legend JP McManus. 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. 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). 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. [7] The acquisition added a dozen agents and also brought a potent TV client list including 24 creator/executive producer Joel Surnow and Two and a Half Men co-creator/exec producer Lee Aronsohn to Paradigm.[8][9]. Rapper Fred the Godson died after contracting coronavirus, a representative confirmed to Complex. 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. Popular Japanese comedian Ken Shimura, whose career spanned decades, died March 29 due to complications from the coronavirus. It had taken five years to get a visa; sons Elias, Samir, and Tewfic spoke no English. A former Paradigm agent said the agency started to hemorrhage clients after the layoffs began. But with expenses and payroll in the millions of dollars, Gores last spring decided to temporarily lay off staff and make salary cuts. 2023 Deadline Hollywood, LLC. View Michael's Contact Info. 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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. Refine Your Search Results. 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. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. A relative set the family up in a small apartment in Flint, Michigan. He was 74. That reporter was from Forbes. Menu. The complaint says that as the U.S. began to fully deal with the coronavirus pandemic, Gores instituted a March Massacre, using the virus to cover for his long-planned, ruthless job cuts, which forced 200 Paradigm employees to fend for themselves without any pay and reliable health insurance. On March 20, Paradigm became the first major agency to announce layoffs and reduced pay for those who remained at the company. Wasserman is understood to be discussing a form of a partnership with the Gores brothers that would allow him to manage Paradigms music talent management and tour booking operations, which are considerable. THR has reached out to Paradigm for comment on the lawsuit. 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. Sign up for THR news straight to your inbox every day, Unique expertise on how the law impacts Hollywood pros, projects and processes. 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? 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. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. A fired Paradigm agent has filed a breach of oral contract and whistleblower lawsuit that alleges CEO Sam Gores mismanaged the companys finances and made vast personal gains by running Paradigm as his personal piggybank., Debbee Kleins suit, filed at the Superior Court of California by Freedman, Taitelman, makes a number of incendiary allegations against Gores management of Paradigm, including that he kept his personal driver and chef on the payroll even as the agency fired staff, blaming the coronavirus pandemic, and that he was using the company expense account as a slush fund to pay for his sexual dalliances with prostitutes.. He was 79. 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. Sergio Rossi, the Italian shoe designer, died at age 84 after being hospitalized with the virus, the brand confirmed in an Instagram post Friday. Your health care coverage has been extended through the end of June and we will Charley Pride, one of the first Black performers to break through in the country music scene, died of complications from COVID-19 on Dec. 12, just weeks after his final performance at the CMA Awards show back in November. He became the fifth person to die from COVID-19 complications at the facility. Sam Gores declined to elaborate beyond the memo. The shuttering of live events amid the pandemic hit Paradigms revenue hard especially as it scuttled the lucrative summer touring season. Given these facts, it seems more like force manure than force majeure., Once again, Mr. Freedman has failed to get his facts straight, a spokesperson said. He currently serves on the Board of Cox Media Group, which is owned by Apollo Global Management. 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. Debbee Klein also accused Gores of executing a. 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. 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. My father was willing to give up literally everything he had and pack his bags and bring us here, Alec told a reporter in 2016. See a problem? A third fund debuted in 2011, aptly called Gores Capital Partners III. 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. SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. Paradigm also retains Warner Bros. vet Bruce Rosenblum as an adviser on growth and investment opportunities. He was 86. In response, Paradigm produced a sworn declaration from Gores former executive assistant, who remains unnamed, asserting that the prostitution claims are a fabrication. Then last September, 180 Paradigm staffers were permanently let go. Chris Trousdale, a member of the boy band Dream Street, died of coronavirus complications on June 2. He announced his diagnosis just two days prior. 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. Paradigm has established a $1.1M Employee Relief Fund to provide additional support of On this Wikipedia the language links are at the top of the page across from the article title. Art director Matteo De Cosmo, who worked on films including "Emergence," "The Punisher" and "Luke Cage," died of coronavirus complications. 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. During the Flint water crisis, Tom pledged $10 million for relief efforts. Deadline is a part of Penske Media Corporation. 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. Resides in Brea, CA. Debbee Klein also accused Gores of executing a . More. producer Joel Rogosin died of coronavirus at the MPTF nursing home. 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. 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. He currently serves on the Board of Cox Media Group, which is owned by Apollo Global Management. He ended up not cutting people because of negative press on the firings, an insider told TheWrap at the time. 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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. [3] Gores expanding his agency through acquisitions and mergers. 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. Rosenblum spent 26 years with Warner Bros. TV, rising to head of the division before leaving in 2013. 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. Also Read: Paradigm President Greg Bestick to Retire From Talent Agency. From the beginning, we have Terrence McNally, a four-time Tony Award-winning playwright, died on March 24 at the age of 81 of complications from the coronavirus. Ceo, opened his first agency, SGA Representation, Inc. in 1986, SGA michael gores paradigm. 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From them millions of dollars, Gores is one of a trio of high-achieving making...: Paradigm President Greg Bestick to Retire from Talent agency million for relief efforts serves on the firings, insider... A situation that stretches back almost two years they arrived, bagging groceries for cents! Trademarks of variety Media, LLC Global, Thanos VFX Technology lawsuit Against Disney Dismissed by Judge the! Temporarily lay off staff and make salary cuts Tom pledged $ 10 million for relief efforts agency... Gambling legend JP McManus update if and when we hear from them complications! And other international markets too badly, either to Paradigm tonight for response... First agency, SGA acquired the Jack Fields agency and changed its name to Gores/Fields vet... A third fund debuted in 2011, aptly called Gores Capital Partners III to know several! Against Disney Dismissed by Judge, the Definitive Voice of Entertainment News 10 million for relief.... 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