DJs aren’t touring, which means large portions of managers’ and agents’ monthly income has also taken a hit during the COVID-19 pandemic. Paradigm Talent Agency, which represents Bassnectar, 12th Planet, Alison Wonderland, DJ Snake, Dillon Francis, and more, has just announced massive cuts to stay afloat.
According to a report from The Hollywood Reporter, about a hundred or more of its 600-plus employees will be laid off, and payroll will be reduced for its remaining employees. The report states that the cuts will not solely impact the music division of the company.
Paradigm hopes it will be able to hire back all the employees that it cuts once the economy gets to a more stable place. In the meantime, CEO Sam Gores said “that he would made every effort to provide impacted individuals with needs including healthcare.”
This article was first published on Your EDM. Source: Paradigm Talent Agency Makes Major Cuts As Touring Takes Major Hit During COVID-19 Pandemic
from EDM News – Your EDM https://ift.tt/2J6H8fW
SUBSCRIBE TO YOUREDM CHANNEL TODAY.
YOUR EDM provides the inside scoop on the EDM industry.
Subscribe and go DEEP inside the electronic scene.
SPONSORS
Sourced by actual house heads who have supported the EDM scene, music, culture, and vibe collectively for decades Always dedicated to showing love and support for the fellow artists, promoters, and supporters.
House Music is the soul survivor of a murdered disco dynasty. A dynasty that brought freedom of experession through dance and fashion. A definite anti-establishment media HIT job programmed and pushed thru corporate radio. - Jason Ring
ConversionConversion EmoticonEmoticon