All Rights Reserved. She was 67. All Filters. [18], On 13 June 2018, Tiffany Young signed to the agency, almost a year after she left SM Entertainment in South Korea. The $71 Billion Deal Is Weighing Bob Iger Down, CNN This Morning Is the Networks Lowest-Rated Morning Show in a Decade, 80 for Brady Marks a New Wave of Experiments With Movie Ticket Prices. 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. 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. Eventually, Gage brought Gores on staff. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. He ended up not cutting people because of negative press on the firings, an insider told TheWrap at the time. [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. Strategically, the alliance planted a flag for Paradigm in London and, by extension, Europe and other international markets. [11][12][13][14][15] Gores former executive assistant, referenced in the lawsuit, called the misconduct claims blatant lies.[16] In April 2020, Gores filed a counter lawsuit, denying all allegations of impropriety and characterized the accusations as self-aggrandizing and delusional. The case is headed to arbitration. [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. He was 78. Trini Lopez, the singer of "If I Had a Hammer" and an actor in "The Dirty Dozen," died on Aug. 11 from COVID-19. Send us a tip using our annonymous form. 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. You are part of this team because we believe in your talent, and we hope that you will be the [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. Did Disney Buy a Dud With Fox? 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.. The move is a financial step to aid Paradigm in weathering the coronavirus crisis but also to invest in future growth, Gores letter reads. 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. This could also be far from the last such suit to batter Paradigm in the coming weeks. 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 Hollywood Reporter is a part of Penske Media Corporation. See Gores full announcement letter below. Popular Japanese comedian Ken Shimura, whose career spanned decades, died March 29 due to complications from the coronavirus. The Gores have also retained Bruce Rosenblum, a former Warner Bros. executive in the studios TV group, as an advisor on the agencys growth. Ill contact you again on or before Friday with more information about the Employee Relief Fund. 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. of you back as possible. The moves come as Paradigm is grappling with a cash flow crunch exacerbated by the coronavirus crisis. He was 79. 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. [citation needed]. Klein filed the suit on April 1, alleging that she had been fired in breach of an oral agreement. During the years 1992 and 1993 Gores forged pacts with STE Representations; Robinson, Weintraub, Gross & Associates, and Shorr, Stille & Associates to create Paradigm Talent Agency. [19], On 18 April 2019, Paradigm named Marty Diamond as its new Head of Global Music. Patricia Bosworth, a stage and screen actress turned journalist who penned celebrity biographies, died April 2 from complications of the coronavirus. 2023 Variety Media, LLC. Eddie Large, one-half of the comedy duo Little and Large, died April 2 after contracting coronavirus while hospitalized for heart failure. [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. We will have further details regarding this fund on or Sam has donated to Childrens Hospital Los Angeles. It had taken five years to get a visa; sons Elias, Samir, and Tewfic spoke no English. 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. 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. Eight years later, he sold the company, which employed more than 200 people, for $2 million. 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. A fired Paradigm agent has filed a breach of oral contract and whistleblower lawsuit that alleges CEO Sam Gores mismanaged the company's finances and made "vast personal gains by running . No directors left. Get Notified when Michael E Flanagan's info changes. The shuttering of live events amid the pandemic hit Paradigms revenue hard especially as it scuttled the lucrative summer touring season. All Rights Reserved. Financial details were not disclosed. 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.. Bruce is an experienced and capable industry veteran. The plan was to have Klein engage in a conspiracy to pay the agency $500,000 from her salary so Gores could show Paradigms bank that its income stream was consistent with his prior representations. Didnt go as planned, the suit makes clear. Back on May 20, Gores denied a report that sports and media mogul Casey Wasserman would buy Paradigm. The Gores have also retained Bruce Rosenblum, a former Warner Bros. executive in the studios TV group, as an advisor on the agencys growth. Alec, 15, was the oldest of the three. In January 2014, Paradigm acquired a 50% stake in the London-based Coda Agency. 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. our teams and help you maintain your books of business. Kleins chief attorney tells Deadline this move is ultimately about more than just her. He became the fifth person to die from COVID-19 complications at the facility. 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. 2023 Deadline Hollywood, LLC. 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.". Sam Gores firing more than two hundred of his companys most loyal employees while taking away the full benefit of their health insurance during a world health crisis strains credulity, Bryan Freedman said in a statement Thursday. Claim this business (281) 888-4103. 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. Advertisement. From the beginning, we have PARADIGM AGENCY. In 1986, SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. The other four are Lee Anderson, Sam Hunt, Jonathan Levine and Jackie Nalpant. Order Online. Gores is cited in the tales of unrewarded loyalty, repeated claims of his sexual dalliances with prostitutes hired with company money, corporate funds used as a personal piggy bank, a self-sabotaged big bucks deal for Paradigm to be bought by UTA and rampant sexism, among other allegations by one of his long time lieutenants. Gores represented Academy Award-winning actor Philip Seymour Hoffman, [3] and was described as "the most un-agent agent in the business because he's a human being first," by another one of his clients, Laurence Fishburne. 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. 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 Mandalorian Season 3 Probably Wont Make Any Sense Unless Youve Watched The Book of Boba Fett, The True Story Behind 'Cocaine Bear': A 175-Pound Beast, a Dead Drug Smuggler in Gucci Loafers and More, HBO's Leading Man: Casey Bloys on Perfecting 'The Last of Us,' HBO Max Streaming Merger and Axing Shows, A24 Sweeps Film Categories at the 2023 SAG Awards as 'Everything Everywhere All at Once' Breaks Record for Most Wins, Jean Smart 'Doing Well, Recovering' Following Heart Procedure, Says Hacks Co-Star Hannah Einbinder, Ke Huy Quan Becomes First Asian Male Film Winner at SAG Awards for 'Everything Everywhere All at Once'. Paradigms attorneys also denied Kleins allegation about the $500,000, saying such a small amount would have made no difference to the agencys lenders. They effectively held him hostage.. 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. 2. our temporarily laid off employees. He was 70. Debbee Klein also accused Gores of executing a . Umberto has been profiled in such publications as The Washington Post, Variety and Grantland. 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. There is no agreement to sell Paradigm, nor is any sale imminent, Gores wrote in an internal memo to his staff. Michael Mau Shun Wang, 75. 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. 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. 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. 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. All Rights Reserved. Sam Gores declined to elaborate beyond the memo. 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. 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. The organization is focused on education, and provides disadvantaged students with after-school learning and enrichment programs. 2023 Variety Media, LLC. The motion also alleges that Kleins abusive behavior in the office had caused several other employees to leave the agency. He was 80. Unlock premium content with a subscription. 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. But with expenses and payroll in the millions of dollars, Gores last spring decided to temporarily lay off staff and make salary cuts. Paradigm is the first major talent agency engaged in television packaging to sign a new franchise agreement with the WGA. Last summer, Tom Gores and his investment company Crescent Drive Media also took an ownership stake in Paradigm. 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. She was 89. "Paradigm Unveils Soaring New Agency Offices to "Encourage Natural Collaboration", "Pollstar Awards Winners: Tom Petty, Cara Lewis, Gregg Perloff, Bruno Mars", "Ed Sheeran, Beyonc & Jay-Z, Paradigm Agency Win Big at Pollstar Awards", "The Agent Dance: Paradigm Officially In Talks To Buy Writers & Artists", "HOLLYWOOD'S PARADIGM BUYS MUSIC AGENCY MONTEREY", "Sam Gores, Chairman/CEO of Paradigm Talent Agency, on Leading Versus Bossing", "Paradigm Acquires 50% Stake in Coda Music Agency", "X-ray Touring Announces Partnership With Paradigm Talent Agency", "AM Only And The Windish Agency Renamed As Paradigm Talent Agency", "SNSD Tiffany Is Now Signed Under The Same Agency As Ed Sheeran and Jason Mraz", "Marty Diamond Is New Head Of Global Music At Paradigm Talent Agency", "Wasserman Music Acquires Paradigm UK's Live Music Business", https://en.wikipedia.org/w/index.php?title=Paradigm_Talent_Agency&oldid=1130090239, Entertainment companies established in 1992, Companies based in Los Angeles County, California, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 December 2022, at 15:00. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. When the Gores family left Israel for Detroit in 1968, they were just about broke. He was 34. 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And Paradigm is being almost as blunt as Klein, almost. 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. It always has been and always will be. The exterior courtyard of the building. Since the layoffs last year, theres been a mass exodus of clients across the board, the former agent said. Among the many other bombshells is an alleged and ultimately unsuccessful strong arming of Klein earlier this year. go back to work as a community at the agency Im proud to call my home. 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. 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. Tom Seaver, Hall of Fame baseball pitcher, died on Aug. 31 in his sleep of complications of Lewy body dementia and 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. 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. before Friday, April 10. I thought youd like to know about several actions Paradigm has taken to ensure that the company remains on solid ground. Paradigm also retains Warner Bros. vet Bruce Rosenblum as an adviser on growth and investment opportunities. The move is a financial step to aid Paradigm in weathering the coronavirus crisis but also to invest in future growth, Gores letter reads. Movies. Gores confirmed the investment from Crescent Drive, which is owned by investor Tom Gores, who already has a stake in the agency. He was 82. 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. In 2018 the agency moved to the 82,000-square-foot Wilshire LaPeer building on Wilshire Blvd, where ICM was once headquartered. Get our latest storiesin the feed of your favorite networks. He worked with such legends as Thelonius Monk, Charles Mingus and Sonny Rollins. Family left Israel for Detroit in 1968, they were just about broke and COVID-19 the Hollywood Reporter is part! 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