Peter Chernin
Peter Chernin
Peter Cherninis an American businessman and investor. He is the chairman and CEO of The Chernin Group, which he founded in 1999. 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...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth29 May 1951
CountryUnited States of America
We're committed to finding new ways to bring our content to consumers and we think this deal is a huge step forward in giving them greater choice and control over their entertainment experience. For the very first time, viewers will be able to watch their favorite shows before the rest of the world. And we now have the ability to create different cuts of our programs for the pre-air audience--versions with additional scenes and materials not included in the network broadcast--something entirely new. It's an exciting opportunity for the television consumer and for us. Moreover, this new partnership will also enrich the viewing experience by providing access to DirecTV's enhanced services, features and interactive functionality.
I think you'll see high-def DVDs come out a higher price point, ... I think we have an opportunity to win back a couple of bucks of (improved profit) margin on high-def DVDs.
He will retain his position as chairman and chief executive of News Ltd, News Corporation's Australian operations.
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,
We think there are so many strong media voices in the New York market ... that we believe this deal is absolutely within the spirit of what the FCC is trying to achieve,
We think there are so many strong media voices in the New York market ... that we believe this deal is absolutely within the spirit of what the FCC is trying to achieve.
There was no business plan, no model. It was just guts.