EXCLUSIVE: Paramount is beefing up its corporate litigation department. Karen Magid, a well known name in the studio’s legal affairs department, is moving over to the general counsel’s office to go from contracts to litigation. Sources tell me to expect a more aggressive litigation posture from Paramount now, akin to the pitbull troika of Disney/Warner/Fox. (Universal still likes to settle, and MGM doesn’t have enough money to sue anybody anymore.) Magid will be working for Rebecca Prentice, Paramount’s EVP and in-house general counsel and also the highest-ranking member of the studio’s legal team, so Dan Ferleger will be looking to hire Magid’s replacement. (There were rumors that Magid had been terminated.)
Paramount Ready To Get More Litigious
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