Jay Rakow, former legal eagle at Paramount Pictures, has been appointed senior exec vice president and general counsel at Metro-Goldwyn-Mayer.
He replaces Robert Brada, who left the post about a month ago for a position with an Internet company.
Rakow comes to the Santa Monica-based studio from the Los Angeles law firm of Christensen, Miller, Fink, Jacobs, Glaser, Weil & Shapiro, where he was a founding partner and head of its entertainment and intellectual property practice. He took leave from the firm from 1993 to ’96 to become senior VP and general counsel at Paramount, seeing the film studio through an ownership transition from Paramount Communications to Viacom.
“Jay is a seasoned industry veteran with a background distinguished by its diversity and depth of experience,” MGM chairman and CEO Alex Yemenidjian said. “This makes him the ideal choice to join us as we go forward in implementing MGM’s aggressive growth strategies,” he added.
“As MGM continues to enhance its operations and leverage its assets globally,” MGM vice chairman and chief operating officer Chris McGurk said, “Jay’s vast entertainment background and accomplished professional track record are significant attributes in the reorganization and management of the company’s legal affairs.”
Rakow noted his business associations with MGM extend back 20 years.
“I look forward to the opportunities ahead as MGM forges new ground across all platforms worldwide,” he said.