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With $300M in Debt, Casey Wasserman and Tom Gores Try to Secure Deal for Paradigm's Music Dept.

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The future of Paradigm Agency appears to be in the hands of Platinum Equity chairman Tom Gores, who is trying to negotiate an agreement with sports and entertainment agency boss Casey Wasserman to absorb Paradigm's profitable music division into the Wasserman agency.Sam Gores has been largely sidelined in the talks, a source tells Billboard, saying the agency founder currently "has no say in a deal or proximity to the discussions." The 66-year-old longtime owner of Paradigm ceded control of the company in March when his younger brother Tom bailed out the agency and paid down the company's debt with Suntrust Bank, which at one time had been valued at $300 million.Sources representing Paradigm dispute the numbers, telling Billboard "there is.

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