They effectively held him hostage.. Discovery Against Paramount Global, Thanos VFX Technology Lawsuit Against Disney Dismissed by Judge, The Definitive Voice of Entertainment News. Also Read: Do Hollywood Writers Still Need Agents After WGA's Packaging Fee Victory? He was 78. It had taken five years to get a visa; sons Elias, Samir, and Tewfic spoke no English. Alec, 15, was the oldest of the three. He also appeared in "Star Wars: Episode VII" as a member of Leia's resistance. Among the proclamations was that Gores set up an undisclosed amount of interim financing to keep the agency afloat for the foreseeable future, set a $1.1 million fund to help those employees on temporary layoff and extended their health coverage through June. Gores instead opted for more widely applied pay cuts throughout the company, beginning with his own, which was cut in full. 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. It always has been and always will be. The collapse of Paradigm after a brutal pandemic year means that the agency is unlikely to survive on its own once it completes the sale of its music assets to sports and media mogul Casey Wasserman announced earlier this week, industry insiders told TheWrap. Subscribe to our newsletters In response to the frivolous lawsuit Mr. Freedman filed on behalf of Ms. Klein which is replete with false statements, as evidenced by the motion Paradigm filed today Paradigm was forced to involve its long time law firm. 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. Colin Powell is the latest notable person to die from complications of the illness. In a motion to compel arbitration, the agencys attorneys slammed Klein as a backstabber who allegedly fabricated allegations about prostitution in the lawsuit. 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. A rep for Gores declined to comment for this story. Chef Floyd Cardoz, winner of "Top Chef Masters" Season 3, died at the age of 59 of coronavirus complications on March 25. Do Hollywood Writers Still Need Agents After WGA's Packaging Fee Victory? Bruce also servedas the Chairman and CEO of the Television Academy from January 2012 through December 2016. Rick May, a voice actor best known to gamers as the husky-throated Soldier in Team Fortress 2, died in Swedish nursing home on April 13 after contracting COVID-19. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. He was 41. Paradigm is the first major talent agency engaged in television packaging to sign a new franchise agreement with the WGA. Michael Gores, Soundtrack: Bad Moms. They will run music at the agency alongside Diamond. From the beginning, we have 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. While many have recovered, some have died from complications of the illness. 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. All Rights Reserved. Paradigm Physician Service. 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. TV Shows. There is no agreement to sell Paradigm, nor is any sale imminent, Gores wrote in an internal memo to his staff. Innovative is the same. He ended up not cutting people because of negative press on the firings, an insider told TheWrap at the time. The Hollywood Reporter is a part of Penske Media Corporation. Sonny Chiba, a martial arts master and a Japanese actor who played legendary sword maker Hattori Hanzo in Kill Bill, has died from pneumonia caused by COVID-19. 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. . 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]. [1] It later acquired New York-based Little Big Man, adding Coldplay and The Fray. Oslin, died Dec. 21. Paradigms attorneys also denied Kleins allegation about the $500,000, saying such a small amount would have made no difference to the agencys lenders. Gores confirmed the investment from Crescent Drive, which is owned by investor Tom Gores, who already has a stake in the agency. He was 61 years old. 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. [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. Harold Budd, ambient musician and composer for several Hollywood films, died from complications of the coronavirus, his manager said Dec. 8. All Rights Reserved. SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. In 1995 he decided to go it alone, starting Platinum Equity. She was 74. Trini Lopez, the singer of "If I Had a Hammer" and an actor in "The Dirty Dozen," died on Aug. 11 from COVID-19. In January 2014, Paradigm acquired a 50% stake in the London-based Coda Agency. 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. Tom Gores, chairman and CEO of investment firm Platinum Equity and owner of the Detroit Pistons, has a net worth estimated at $4.65 billion, per Bloomberg's Billionaires Index as of June 4.. But the blood was in the water after the initial layoffs. [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. 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. 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 Gores full announcement letter below. The moves come as Paradigm is grappling with a cash flow crunch exacerbated by the coronavirus crisis. She was 54. and "Frankie and Johnny in the Clair de Lune," which later became a film with Michelle Pfeiffer and Al Pacino. [3] Sam immediately went to work bagging groceries in an uncle's supermarket, and worked his way through high school as a butcher. 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. 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.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 . 10 Sam Gores - Paradigm Talent 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. Deadline is a part of Penske Media Corporation. 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. There are no discussions taking place between APA and Paradigm, according to an APA spokesperson. Also Read: Verve Acquires New Deal, Boutique Agency for TV Directors. We provide email, phone, address, along with clients info for thousands of entertainment professionals. Back on May 20, Gores denied a report that sports and media mogul Casey Wasserman would buy Paradigm. 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 shuttering of live events amid the pandemic hit Paradigms revenue hard especially as it scuttled the lucrative summer touring season. 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. 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. All Rights Reserved. Sam Gores, Chairman and CEO, opened his first agency, SGA Representation, Inc. in 1986. 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. on your behalf. Deadline is a part of Penske Media Corporation. 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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. Grammy-winning country singer K.T. 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. 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. We will have further details regarding this fund on or Gores is one of a trio of high-achieving brothers making their mark in Southern California. 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. 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. Harold Budd, ambient musician and composer for several Hollywood michael gores paradigm, from., an insider told TheWrap at the time comment for this story pay cuts the... Sam Gores, who already has a stake in the London-based Coda agency Fields agency and changed name! On the firings, an insider told TheWrap at the agency marketing communications them... Star Wars: Episode VII '' as a backstabber who allegedly fabricated allegations prostitution! Instead opted for more widely applied pay cuts throughout the company, beginning his... 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