Billionaire Tom Gores' investment vehicle has taken an ownership stake in Paradigm Talent Agency, led by his brother, chairman and founder Sam Gores.
The agency has also retained former Warner Bros. TV exec Bruce Rosenblum as an advisor for growth and investment, Sam Gores said in a memo to staff on Thursday. "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," Gores' memo read.