[ad_1]
The parent company of Paradigm Talent Agency, a well-known company that once took steps to downsize during the pandemic, appears to be going strong again.
Paradigm Entertainment said Wednesday it acquired talent agency Napoli Management Group, Two Twelve Management & Marketing and 3 Kings Entertainment.
3 Kings Entertainment and Naples represent broadcast talent, and Naples’ roster includes more than 550 television anchors, journalists, weather forecasters and sports announcers in the United States. 212 Management Company represents more than 75 culinary stars and celebrity chefs.
The three businesses will be combined into one company called Paradigm Media Entertainment, Paradigm Entertainment said, without disclosing the financial terms of the deal or the total number of employees.
The acquired company is owned by Blue Equity, a Louisville, Kentucky-based private equity firm, which will advise Paradigm Media Entertainment and “commits to support its future growth,” Paradigm Entertainment said.
Paradigm Entertainment is Paradigm Talent Agency,who Music talent agency business takes hit When suspending or canceling live events during a health crisis.
“Paradigm Talent Agency and Paradigm Media Entertainment will provide a wide range of entertainment, publishing, brand partnerships and news media services to their respective clients,” Paradigm Entertainment said in a statement.
Paradigm Talent Agency and similar agencies during the pandemic slash to their business.
March, Paradigm Talent Agency 250 layoffs, Later recruited some back.company Sells its North American live music agency businessSold last year to Casey Wasserman, a Los Angeles-based sports marketing and talent management firm, for an undisclosed sum.
Earlier this year, the company put its Beverly Hills Headquarters sublet. In May, Paradigm relocated its Los Angeles office to the Pacific Design Center in West Hollywood, where other entertainment businesses including Pluto TV and A24 studios are located.
The company also lists a New York office on its website.
[ad_2]
Source link
