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CHERNIN TO REMAIN AT NEWS CORP
Friday, July 30 2004
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Ending ongoing speculation that he might replace Michael Eisner at Disney, News Corp announced Thursday that Peter Chernin had signed a new contract to stay on as president and COO. News reports about Disney shareholders' dissatisfaction with Eisner have frequently mentioned that there is a dearth of talented executives who could replace him and have mentioned Chernin as one of the few who could -- especially since a provision in his contract allowed him to leave if offered a position as head of another media company. His contract with News Corp was scheduled to expire in November.
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HOLLYWOOD'S 'DIRTY SECRET'
Thursday, April 29 2004
Calling
the
soaring
costs
of
making
movies
"the
dirty
secret
of
Hollywood,"
News
Corp
president
and
COO
Peter
Chernin
said
Wednesday
that
they
could
have
devastating
consequences
for
the
industry.
Raising
the
possibility
of
a
movie
with
a
$200-million
budget
bringing
in
only
$25
million
at
the
box
office,
Chernin
said
that
the
resulting
fallout
from
"the
era
of
$150-million
write-downs"
would
"rock
the
industry
to
its
foundation
--
and
appropriately
so."
Chernin
made
his
(more)
CHERNIN SAYS HE WANTS TO STAY AT NEWS CORP
Thursday, March 11 2004
News
Corp
President
and
COO
Peter
Chernin,
often
mentioned
as
a
possible
successor
to
Disney
CEO
Michael
Eisner,
told
an
investors'
conference
in
Palm
Beach,
FL
Wednesday
that
he
is
"very
happy"
acting
as
Rupert
Murdoch's
No.
2
man.
"I
love
the
job.
I
am
--
I
guess
with
more
publicity
than
I
would
like
--
currently
in
a
contract
renegotiation.
I
wouldn't
be
in
that
renegotiation
if
it
wasn't
my
desire
to
be
with
(more)
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