Paramount taps former Trump official to join legal – Business News
A former prime official within the Trump Administration, Makan Delrahim, is in superior talks to join the newly merged Paramount Global in a main legal position, in accordance to sources with direct data.
Delrahim, who served as Assistant Attorney General for the Antitrust Division on the Department of Justice during President Trump’s first time period, has turn into one of David Ellison’s key advisors over the previous couple of years.
Since leaving authorities, Delrahim has been a companion at Latham & Watkins, the place he leads the firm’s world antitrust and competitors observe — and was a key advisor on the $8.4 billion Skydance-Paramount merger.
Paramount is in talks to retain one of Trump’s former antitrust officers. REUTERS
Makan Delrahim ran the Antitrust Division in Trump’s first time period. (Credit too long, see caption)
Given Delrahim’s deep expertise as Trump-era antitrust chief, his appointment may signal that Paramount is gearing up for more blockbuster transactions.
Over the final month, studies have intensified that Ellison — now absolutely in control post-Paramount merger — may pursue an acquisition of Warner Bros. Discovery.
The potential deal would face steep antitrust hurdles from the DOJ and FTC — together with considerations over lowered competitors in information, movie, and streaming markets — and Delrahim can be poised to handle such challenges. .
Paramount declined to remark.
