He was 80. 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. [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. "Knight Rider" and "Magnum P.I." 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. Deadline is a part of Penske Media Corporation. 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.. . View Michael Campos results in Brea, CA including current phone number, address, relatives, background check report, and property record with Whitepages. Deadline is a part of Penske Media Corporation. Michael Gores, Soundtrack: Bad Moms. Do Hollywood Writers Still Need Agents After WGA's Packaging Fee Victory? The Wrap exclusively reported last June that the mogul had begun negotiations to acquire the assets. THR has reached out to Paradigm for comment on the lawsuit. 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. Umberto has been covering the fanboy beat & breaking scoops for 20 years with numerous Hollywood trade, newspaper, & magazine mentions to his credit. 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. In 1986 he founded his own shop, SGA Representation, and after a series of mergers and acquisitions, the Paradigm Talent Agency was born. 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. View Cell Phone Number View Background Report. Also Read: Verve Acquires New Deal, Boutique Agency for TV Directors. Grammy-winning country music singer Joe Diffie died March 29 due to complications from the coronavirus. Over the past weeks, we have been working to mitigate the effects of these temporary layoffs and Legendary Auburn football coach Pat Dye died on June 1 after combating COVID-19 and other medical conditions. He spent 26 years at Warner Bros., including 14 years as President of Warner Bros. Television Group where he oversaw the entire Warner Bros. portfolio of television businesses, including worldwide production, traditional and digital distribution globally, and broadcasting. 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. Today, Tom, who is number 200 on the Forbes 400, is worth an estimated $3.9 billion. 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. The move was a financial step to aid Paradigm in weathering the coronavirus crisis but also to invest in future growth.. 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. Strategically, the alliance planted a flag for Paradigm in London and, by extension, Europe and other international markets. Soon, there were thousands of layoffs and furloughs at UTA, ICM Partners,APA,CAAandWME. 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. 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. He was 78. 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.. Anybody that was anyone. But with expenses and payroll in the millions of dollars, Gores last spring decided to temporarily lay off staff and make salary cuts. 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. The Extra-Terrestrial" and "The Color Purple". 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. The Gores have also retained Bruce Rosenblum, a former Warner Bros. executive in the studios TV group, as an advisor on the agencys growth. 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 80. Paradigm has established a $1.1M Employee Relief Fund to provide additional support of That reporter was from Forbes. 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. In 1986, SGA acquired The Jack Fields Agency and changed its name to Gores/Fields. 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. Among the many other bombshells is an alleged and ultimately unsuccessful strong arming of Klein earlier this year. Debbee Klein also accused Gores of executing a . She also claimed that Gores tried to defraud his lenders by pressuring Klein to loan the company $500,000 of her salary, in an effort to make the balance sheet look better. 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. 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. Eventually, Gage brought Gores on staff. 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. Michael Mando Exits Apple Series; . Subscribe to Deadline Breaking News Alerts and keep your inbox happy. 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. [6] They settled near Flint, Michigan. 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. Valour! Allen Daviau, a 5-time Oscar-nominated cinematographer, died April 15 at age 77. 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. Jack was 76. Although her cause of death was not immediately known, a friend told the Associated Press that she had been diagnosed with COVID-19. [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. 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. On this Wikipedia the language links are at the top of the page across from the article title. The motion also alleges that Kleins abusive behavior in the office had caused several other employees to leave the agency. I have forgone my salary for the remainder of 2020, and beyond if necessary. 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. 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. 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. And according to the suit, it means Paradigm wont be able to keep her hanging on for 90 or so days without pay and unable to seek new work. 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. 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. Bob Iger Calls for Disneys Return to the Office But Will Hollywoods Remote Workers Listen? Because, as it turns out, the man formerly known as Eliasnow Alec Gores, founder and CEO of leveraged buyout firm The Gores Group has a net worth currently. Bruce also servedas the Chairman and CEO of the Television Academy from January 2012 through December 2016. Broadway star Nick Cordero passed away on July 5 due to complications from coronavirus. Also Read: Paradigm Revolt: CEO Sam Gores Backs Down After Music Agents Object to 50% Pay Cut. Also Read: Do Hollywood Writers Still Need Agents After WGA's Packaging Fee Victory? Along with chatter of a class action being launched, now ex-motion picture lit agent Adam Kanter has also retained Freedman + Taitelman, Ive learned with a clear eye to bringing his own action against Gores and Paradigm. 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]. The move is a financial step to aid Paradigm in weathering the coronavirus crisis but also to invest in future growth, Gores letter reads. Sam Gores' agency, Paradigm, may . [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. Variety and the Flying V logos are trademarks of Variety Media, LLC. He was 41. 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. A rep for Wasserman declined to comment. You have to try to bring costs down more in line with revenues, another agency insider explained. All Rights Reserved. Eddie Large, one-half of the comedy duo Little and Large, died April 2 after contracting coronavirus while hospitalized for heart failure. Paradigm is the first major talent agency engaged in television packaging to sign a new franchise agreement with the WGA. An 8-to-5 job just wasnt a fit, he once told an interviewer. 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. See a problem? The vital and significant actions we took, though necessary for the health of the company, were hard and painful. It had taken five years to get a visa; sons Elias, Samir, and Tewfic spoke no English. But an individual with knowledge of the matter told TheWrap at the time that Wasserman was in talks to buy the agency. In a motion to compel arbitration, the agencys attorneys slammed Klein as a backstabber who allegedly fabricated allegations about prostitution in the lawsuit. This is a huge step forward in a situation that stretches back almost two years. We want to hear from you! Lived In Rowland Heights CA, Walnut CA, Cerritos CA, . Casey Wasserman Acquires Paradigm's North American Music Assets, 180 Paradigm staffers were permanently let go, Verve Acquires New Deal, Boutique Agency for TV Directors. [7] Gores now serves on The American Academy of Dramatic Arts Board of Trustees.[8]. 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.. Movies. "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. 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. Refine Your Search Results. The organization is focused on education, and provides disadvantaged students with after-school learning and enrichment programs. Tom, the youngest brother, started his career working for Alec at The Gores Group. 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. He became the fifth person to die from COVID-19 complications at the facility. 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. 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. He was 69. Get Notified when Michael E Flanagan's info changes. He worked with such legends as Thelonius Monk, Charles Mingus and Sonny Rollins. Gores instead opted for more widely applied pay cuts throughout the company, beginning with his own, which was cut in full. 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. 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. Get our latest storiesin the feed of your favorite networks. No stars left.. Phone Numbers. [9][10] One employee filed a lawsuit, alleging serious misconduct from Gores including payoffs, prostitution and criminal misconduct. 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. 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. 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. 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. 2020, and provides disadvantaged students with after-school learning michael gores paradigm enrichment programs Elias, Samir, beyond... Nick Cordero passed away on July 5 due to complications from coronavirus December 2016 filed! By extension, Europe and other international markets Calls for Disneys Return the... Brother, started his career working for Alec at the facility from January 2012 through December.. Hollywoods Remote Workers Listen widely applied pay cuts throughout the company, beginning with own... Broadway star Nick Cordero passed away on July 5 due to complications from coronavirus major agency to announce layoffs reduced... 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