Top Story

e4m_logo.png

Home >> People Movement >> Article

News Corp President Peter Chernin to quit in June 2009

25-February-2009
Font Size   16
News Corp President Peter Chernin to quit in June 2009

Peter Chernin, President and COO, News Corporation, and Chairman and CEO of Fox Entertainment Group, has decided to step down. He will be leaving the organization when his contract expires in June 2009. Chernin, who has been second-in-command at News Corp after Rupert Murdoch, will be setting up his own Hollywood film and production company that will supply movies to News Corp’s Fox Division.

Chernin has been with News Corp since 1989, when he had joined as President of entertainment at Fox Broadcasting. He was made President and CEO of the Fox Movie Studio in 1992, a post he had held until his promotion to his current position in 1996.

Prior to joining Fox, Chernin was President and COO of Lorimar Film Entertainment. His other executive roles include positions at Showtime/The Movie Channel, Warner Books and St Martin’s Press. He is also a Corporate Director for American Express.

Meanwhile, speculations are rife about who will fill in Chernin’s shoes at News Corp. A statement issued by News Corp said, “The Los Angeles-based Fox businesses will report directly to Murdoch upon Chernin’s departure.”

Murdoch’s son, James Murdoch’s name is being widely floated as the likely replacement, however, no official comments are forthcoming in this regard.

It may be noted that ‘Slumdog Millionaire’, which sent India into raptures with its eight-Oscar haul on February 23, was released by a unit of News Corp overseen by Chernin, who was also at the Kodak Theatre in Los Angeles at the Oscar ceremony.

Watch this space for further developments.

Tags

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

In an exclusive data shared with e4m, Pan Masala/Zarda/Gutkha had the highest jump of 185 per cent in terms of ad volumes in the first 14 matches

Bose, who has a career spanning over two decades, was DNA’s Editor-in-Chief. He has previously been associated with the India Today Group

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compe...