The formation of the News America Publishing Group will lead to greater editorial excitement, new business opportunities and greater efficiencies and coordination.
"Peter Chernin" is an American businessman and investor. He is the Chairman and CEO of The Chernin Group (TCG), which he founded in 2009. TCG manages, operates and invests in businesses in the media, entertainment, and technology sectors. Specifically, the company focuses on three areas: developing premium content for film and television, making investments in technology and media companies in the U.S., and capitalizing on strategic business opportunities in emerging markets, especially Asia. In April 2012, Chernin sold a minority stake of TCG to strategic investment partners Providence Equity Partners, a leading private equity firm, and other private investors.
Chernin sits on the Boards of American Express, Twitter, Pandora and Friends of the Global Fight Against AIDS, Tuberculosis and Malaria. He is also Chairman of Malaria No More and a Trustee of Malaria No More UK, non-profits dedicated to ending deaths due to malaria.
In April 2013, Chernin made a bid of around $500 million for Hulu, a popular online video streaming service.
Chernin has donated over $100,000 to the Democratic Party, candidates & associated organizations, as well as hosting Barack Obama at home for a fundraiser in 2013.
More Peter Chernin on Wikipedia.[In the summer] there were too many [of our] reruns, and we ran into the great success of .
It's a tough marketplace right now, ... It is very compressed... A turnaround is likely to happen quicker than before.
It's the transmission of digital copy on the Internet (that's the problem), we have no problem with using content in multiple ways in one's own home.
The Fox Group is pleased with the opportunity to join the Dodger organization in building on a 40-year tradition in the Los Angeles community.
We see [video games] as a big business and would like to get into it.
We are extremely pleased with Fox's results for the year, particularly at our cable and television station groups.
We noticed some softening in the advertising market. We thought it was a prudent time to tighten down the screws.
The most powerful catalyst for growth is not piracy, but partnership.
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