- Your Profile
- In the News
- Box Office
- Development
- Production
- Job Market
- Calendar
|
 |
CHERNIN TO REMAIN AT NEWS CORP Friday, July 30 2004 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 (more) 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) |
|
|
Suggesting that Rupert Murdoch's News Corp might not be so monolithic as some of its critics have made it out to be, the Kerry for President Campaign announced Wednesday that News Corp President and COO Peter Chernin had endorsed the Democratic presidential candidate. Murdoch himself is regarded as a staunch backer of President Bush, and his Fox News Channel is generally regarded as reflecting his political bias. Appearing on FNC Wednesday, Chernin maintained that the company would benefit from a Kerry presidency, saying that he would "do a good job moving our economy forward." There has also been increasing speculation that Fox Home Video will distribute the DVD release of the anti-Bush documentary Fahrenheit 9/11.
