Paradigm Talent Agency
Beverly Hills-based Paradigm Talent Agency on Friday laid off 30 people, including agents in its music division, the latest sign of mounting financial pressures on Hollywood’s representation industry.The layoffs were part of the company’s effort to reduce redundancies caused by the agency’s acquisitions in the music space, according to a person familiar with the matter who was not authorized to speak publicly on the situation.The job reductions at the company’s offices in the U.S. And Canada affected people mostly in its music division and included both agents and administrative staff, the person said. Paradigm, like other large talent agencies, has been expanding its scale in recent years through acquisitions.
Last year, the company became the full owner of.The company was itself an acquisition target. UTA also pursued the Paradigm Talent Agency last year, but was rebuffed.Talent agencies have been facing. The rise of streaming and the expected decline of TV packaging, combined with the, have squeezed talent agencies.Last month, across multiple departments, a small fraction of the company’s roughly 600 employees.The job cuts were mostly due to normal attrition but also reflected a realignment of the company’s business as it evaluates how many writers it might represent in the future and where its future growth lies, said a person familiar with the agency’s thinking who was not authorized to comment.
24.1k Followers, 537 Following, 58 Posts - See Instagram photos and videos from Paradigm Talent Agency (@paradigmtalentagency). Since its founding in 1992, Paradigm has established itself as a leading entertainment talent agency, guiding the careers of an elite roster of actors, musical artists, directors, writers and producers. Panzer corps 2 reviews.