Paradigm has made a significant cut to its staff, laying off about 30 agents and support staff or 4% of its employees, Variety has confirmed.
Sources said most of the layoffs were in the music area at the agency and took place Friday.. Paradigm, which had about 700 employees prior to the layoffs, had no comment.
The layoffs came seven months after Paradigm founder & CEO Sam Gores announced that he was calling off talks about a potential merger between Paradigm and UTA.
Variety reported exclusively on Jan. 15 that Paradigm had promoted longtime agents Scott Henderson, Scott Metzger, Andrew Ruf and recently hired chief marketing officer Lori Feldman to managing partners. Gores remains CEO while Greg Bestick remains president and Marty Diamond continues to head up Paradigm’s music division.
Paradigm’s executive moves have been in the works for months now. They are meant to streamline Paradigm administrative operations, with younger Paradigm agents...
Sources said most of the layoffs were in the music area at the agency and took place Friday.. Paradigm, which had about 700 employees prior to the layoffs, had no comment.
The layoffs came seven months after Paradigm founder & CEO Sam Gores announced that he was calling off talks about a potential merger between Paradigm and UTA.
Variety reported exclusively on Jan. 15 that Paradigm had promoted longtime agents Scott Henderson, Scott Metzger, Andrew Ruf and recently hired chief marketing officer Lori Feldman to managing partners. Gores remains CEO while Greg Bestick remains president and Marty Diamond continues to head up Paradigm’s music division.
Paradigm’s executive moves have been in the works for months now. They are meant to streamline Paradigm administrative operations, with younger Paradigm agents...
- 1/19/2020
- by Dave McNary
- Variety Film + TV
Paradigm is undergoing a high-level restructuring.
Variety has learned exclusively that the agency has promoted longtime agents Scott Henderson, Scott Metzger, Andrew Ruf, and recently hired chief marketing officer Lori Feldman to managing partners. Sam Gores remains CEO while Greg Bestick remains president and Marty Diamond continues to head up Paradigm’s music division.
According to sources, the moves have been in the works for months now. They are meant to streamline Paradigm administrative operations, with younger Paradigm agents also being given the chance to step up into larger admin roles in addition to their other duties.
“As we grow to more than 700 employees worldwide, we’re focused on streamlining decision-making, opening up leadership opportunities for rising agents, and freeing many of our senior agents from management responsibility so they can focus on artist representation and business development,” said Paradigm founder & CEO Gores. “We’re taking advantage of the intelligent,...
Variety has learned exclusively that the agency has promoted longtime agents Scott Henderson, Scott Metzger, Andrew Ruf, and recently hired chief marketing officer Lori Feldman to managing partners. Sam Gores remains CEO while Greg Bestick remains president and Marty Diamond continues to head up Paradigm’s music division.
According to sources, the moves have been in the works for months now. They are meant to streamline Paradigm administrative operations, with younger Paradigm agents also being given the chance to step up into larger admin roles in addition to their other duties.
“As we grow to more than 700 employees worldwide, we’re focused on streamlining decision-making, opening up leadership opportunities for rising agents, and freeing many of our senior agents from management responsibility so they can focus on artist representation and business development,” said Paradigm founder & CEO Gores. “We’re taking advantage of the intelligent,...
- 1/15/2020
- by Joe Otterson
- Variety Film + TV
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