Peter Chernin – Wikipedia

American businessman and investor
Peter Chernin ( born May 29, 1951 ) is an american businessman and investor. He is the chair and CEO of The Chernin Group ( TCG ), which he founded in 2010. [ 2 ] [ 3 ] [ 4 ] [ 5 ] TCG manages, operates and invests in businesses in the media, entertainment, and technology sectors. specifically, the company focuses on three areas : making investments in technology and media companies in the US, developing premium capacity for film and television receiver, and capitalizing on strategic business opportunities in emerging markets .

early animation and department of education [edit ]

Chernin was born in Harrison, New York, the son of Mary ( née Townsend ) and Herbert Chernin. [ 6 ] Chernin, whose forefather was jewish, was raised unitarian. [ 7 ] He attended and graduated with a B.A. in english literature from the University of California, Berkeley. [ 6 ]

career [edit ]

Chernin joined Fox in 1989 from Lorimar Film Entertainment, where he served as president of the united states and head operating officeholder. Earlier, he served as administrator vice president of programming and market for Showtime / The Movie Channel. Prior to Showtime, Chernin was vice president of Development and Production at the David Gerber Company. He began his career in publish, first as associate publicity director of St. Martin ‘s Press and belated as an editor for Warner Books .

News Corp . [edit ]

anterior to starting TCG, Chernin served as president of the united states and foreman operating officer of News Corporation and Chairman and CEO of the Fox Group from 1996 to 2009. [ 8 ] [ 9 ] As President and COO of one of the universe ‘s largest media companies, he oversaw diversify global operations spanning five continents, including the product and distribution of film and television scheduling ; television, satellite and cable air and News Corp. ‘s aggressive expansion into the digital media and internet outer space. [ 9 ] During his two decades with News Corporation, Chernin gained a reputation as an executive with a alone command of both the creative and bodied sides of the entertainment business. He headed both Twentieth Century Fox Filmed Entertainment and, earlier, the Fox Broadcasting Company. He has besides had oversight of Fox ‘s fantastic growth in sports, cable and general entertainment television programming and distribution in the U.S. and internationally. [ 10 ] Under Chernin ‘s leadership, Twentieth Century Fox Film Corporation produced the two top-grossing movies of all time, Titanic and Avatar ; [ 11 ] the Fox Broadcasting Company became the No. 1-ranked network among the key demographic of 18- to 49-year-olds ; and Twentieth Century Fox Television, the network production arm of Fox, became the No. 1 supplier of programming to all television networks. [ 12 ] News Corporation ‘s cable network group experienced explosive increase during Chernin ‘s tenure – going from zero to more than 400 million cable subscribers in less than 10 years. By the time Chernin left, Fox had one of the most potent collections of cable assets in the earth : Fox News Channel, FX, Fox Sports Net, Fox Movie Channel, National Geographic Television, SPEED and the Fox Reality Channel. [ 12 ] Prior to his 1996 appointment, Chernin served four years as chair and foreman administrator policeman of Fox Filmed Entertainment where he oversaw all aspects of the studio ‘s global feature-film production, market and distribution activities. From 1989 to 1992, Chernin was president of entertainment for the Fox Broadcasting Company, while programming grew from two to all seven nights of the week during that straddle. [ 12 ] It was rumored in the media that Chernin was going to leave his position at News Corp. by June 2009, when his abridge expired, and that he would be replaced in the position by media executive James Murdoch, youngest son of Rupert Murdoch. [ 13 ] On February 24, 2009, the Wall Street Journal reported that Peter Chernin made the decision to leave News Corporation after 20 years, to pursue independent entrepreneurial ventures. On June 4, 2009 Chase Carey was named Chernin ‘s successor at his position. [ 14 ] Chernin was approached in October 2010 by the Tribune Company to be either CEO or chair of the board. [ 15 ] There was besides media speculation about Chernin ‘s having a role in Yahoo ! ‘s future after Carol Bartz ‘s abrupt passing in September 2011. [ 16 ] At the All Things Digital ‘s AsiaD Conference [ 17 ] in Hong Kong on October 20, 2011, Chernin dismissed that he was matter to in pursuing opportunities with the company. [ 18 ]

TCG [edit ]

Since his departure from News Corp. in 2009, Chernin has been the chair of his own company, The Chernin Group ( TCG ). TCG ‘s stream assets include Chernin Entertainment, an entertainment output company ; a majority impale in CA Media, an Asia-based media investment company ; and respective strategic investments in U.S. based engineering and media companies including Pandora, Fullscreen, Tumblr, Barstool Sports, and Flipboard. [ 19 ] The ship’s company ‘s first sport film Rise of the Planet of the Apes, was released in August 2011. [ 20 ] and has grossed more than $ 480 million at the worldwide box office. [ 21 ] [ 22 ] Chernin Entertainment produced Parental Guidance, a comedy starring Billy Crystal and Bette Midler, which was released in December 2012, [ 23 ] the sci-fi thriller from Joseph Kosinski, Oblivion, starring Tom Cruise, [ 24 ] and The Heat, starring Melissa McCarthy and Sandra Bullock. [ 25 ] TCG launched CA Media in November 2010, [ 26 ] which aims to strategically build, pull off, and operate media, entertainment, and engineering businesses in Asia. In July 2011, CA Media invested in the Hong Kong-based assorted soldierly arts showman Legend Fighting Championship. [ 27 ] In April 2012, CA Media acquired a 49 percentage stake in Endemol India with the goal of making it the leading television, film and digital message output ship’s company in India. [ 28 ] At the same clock CA Media besides invested in only much Louder, a music, survive events and youth media ship’s company in India. [ 29 ] In April 2014, AT & T partnered with The Chernin Group to invest $ 500 million in on-line video services. [ 30 ]

In April 2012, Chernin sold a minority impale of TCG to strategic investment partners Providence Equity Partners, a leading private equity firm, and other private investors. [ 31 ] [ 32 ] In April 2013, Chernin made a offer of around $ 500 million for Hulu, an on-line video recording streaming service. [ 33 ] TCG is listed as an investor in Tumblr, which WSJ.com reported on May 19, 2013 would be sold to Yahoo for US $ 1.1 Billion. On December 2, 2013, TCG announced that they had acquired the anime streaming web site Crunchyroll in an effort to expand their on-line video assets. The acquisition was rumoured to priced at around $ 100 million. [ 34 ] On January 7, 2016 it was announced by David Portnoy in a video recording that Chernin Media was acquiring a majority stake in the popular web site Barstool Sports and moving the headquarters to New York City. In 2018, Chernin, Jesse Jacobs, and Michael Kerns of The Chernin Group formed TCG Capital Management, an investment advisory firm. TCG manages private equity investments in the media, entertainment, technology, sports and consumer sectors. [ 35 ]

Boards [edit ]

Chernin sits on the Boards of American Express, serves as a Co-Chair of University of California, Berkeley ‘s Board of Visitors, [ 36 ] and is a elder adviser to Providence Equity Partners. [ 37 ] He is besides president and co-founder of Malaria No More [ 38 ] and a regent of Malaria No More UK, non-profits dedicated to ending deaths due to malaria. He previously served on the boards of Twitter, [ 39 ] Pandora, [ 40 ] News Corp, DirecTV, [ 41 ] E-Trade, [ 42 ] and Friends of the Global Fight Against AIDS, Tuberculosis and Malaria .

personal liveliness [edit ]

Chernin married Megan ( née Brody ) in 1980. [ 6 ] He is ethnically jewish. [ citation needed ]

Politics [edit ]

Chernin has donated over $ 100,000 to the Democratic Party, candidates & associated organizations, adenine well as hosting Barack Obama at his home for a fundraiser in 2013. [ 43 ] [ 44 ] He besides supported Hillary Clinton in the runup for the 2016 U.S. presidential election. [ 45 ]

Filmography [edit ]

He was a producer in all films unless otherwise noted.

film [edit ]

Thanks
Year Film Role
2015 Lazer Team The producers wish to thank

television [edit ]

Miscellaneous crew
Year Title Role Notes
1982 Cry for the Strangers Production executive Television film
1982−83 Seven Brides for Seven Brothers Executive consultant
As an actor
Year Title Role
2009 Family Guy Himself
Production manager
Year Title Role Notes
1981 Elvis and the Beauty Queen Production executive Television film

References [edit ]

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