February 27, 2013 |
Ken Stovitz is returning to the agency business after six years as a producer. Stovitz, who formerly was a longtime agent at Creative Artists Agency until leaving to become a partner at Will Smith's production company, has joined Paradigm as a senior agent. At the Beverly Hills based agency, Stovitz will serve on Paradigm's five-person management committee, which oversees day-to-day operations. Chief Executive Sam Gores also sits on the committee. During his tenure at Smith's Overbrook Entertainment, the company produced such movies as "Hancock" and "Seven Pounds," as well as "The Karate Kid," which starred Jaden Smith, the son of Smith and Jada Pinkett Smith.
January 21, 2014 |
Talent agency Paradigm is expanding its reach into Europe through a joint venture with the London-based CODA Music Agency, the companies said Tuesday. The deal gives Paradigm a 50% stake in CODA, which represents 500 artists and DJs including Imagine Dragons, Bastille and the XX. CODA will continue to operate as a stand-alone company and keep its headquarters and management team, but additional financial details were not disclosed. With this transaction, Paradigm can represent its roster of music artists - which include Aerosmith, Black Eyed Peas, Coldplay and Toby Keith - in European countries.
April 1, 2010 |
Once again Walt Disney Co. has pushed back the deadline for bidders making offers to acquire the specialty label Miramax Films, to Monday, according to people with knowledge of the situation. As the deadline approaches, one prospective bidder has dropped out: Washington Redskins owner Daniel Snyder, whose RedZone Capital investment firm decided not to submit an offer after reviewing documents and having discussions with Disney executives, two people close to the process said. That leaves Miramax founders Bob and Harvey Weinstein, who sold the company to Disney in 1993, as among the remaining potential bidders.
April 23, 2009 |
Hollywood talent agency Paradigm, continuing its expansion into music, said Wednesday that it had bought Nashville-based Christian music booking firm Third Coast Artists Agency. The deal is the latest move by Beverly Hills-based Paradigm to increase its presence in the music sector through a series of low-key acquisitions. In the last five years, Paradigm has acquired Monterey Peninsula Artists and Little Big Man Booking, specialty talent boutiques with a niche in music.
May 28, 2006 |
Kelsey Grammer, whose TV fame began on "Cheers," has reason to toast his good fortune. A little more than two years ago, during the final season of the NBC sitcom named after his character Frasier, the Emmy-winning actor bought a Beverly Hills-area home for $17.5 million. He has now sold it for about $25 million. Grammer, and his wife, former model Camille Donatacci, have a home in Malibu. He bought the four-bedroom, 6,600-square-foot house on 5 acres in the hills in 1998 for $4.5 million.
April 6, 2010 |
Walt Disney Co. has received three bids for the specialty label Miramax Films, said people close to the situation who did not want to be identified because the offers were confidential, and now has to make a decision whether to sell the asset or hold on to it. If Disney ends up selling Miramax, it would mark the end of the studio's 17-year ownership of the label, known for championing independent films that often garnered awards on the film festival...