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Obama Set For Peter Chernin’s June DNC Fundraiser

By DOMINIC PATTEN | Wednesday April 24, 2013 @ 12:32pm PDTTags: Barack Obama, Hollywood fundraisers, Peter Chernin

The President isn’t running for office himself but he’s still looking for some cash from Hollywood. Barack Obama will be the main act at a lunch fundraiser at Peter Chernin’s house on June 7, Deadline has confirmed. The President will be in town raising money for the Democratic National Committee’s 2014 midterm election war chest. “Since we do not take money from special interests, corporate lobbyists and political action committees, we must rely on dedicated Democrats like you,” the invite says. And knowing that Hollywood is a good place to raise cash, the DNC is heavily relying on local Dems. Prices for tickets to the event at the former News Corp President and COO’s Santa Monica home go from $10,000 each to $32,400 if you want to be a recognized co-chair. The latter not only get their pic with Obama but get to participate in a semi-private chat with other co-chairs and the President as well. This isn’t the President’s first Western fundraiser since vacuuming up millions for his own reelection last year. Obama was up in San Francisco earlier this spring hitting up the tech crowd for money for the DNC as the party gears up for what all expect to be a rough fight for the House and Senate.

Related: Hulu Starts Sale Process Again – And Peter Chernin Bids $500M For What?

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UPDATE: Hulu Starts Sale Process Again – And Peter Chernin Bids $500M For What?

By NIKKI FINKE, Editor in Chief | Friday April 5, 2013 @ 6:01pm PDTTags: Big Deals Film, Big Deals TV, Hulu, Peter Chernin

UPDATE 6 PM: Deadline has learned that Hulu is back up for sale and the bidding process is quietly underway again. Sources close to Peter Chernin confirm that he has bid $500M for Hulu but is … Read More »

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Fox 2000, Chernin Team To Acquire John Rocco’s Caldecott-Winning Book ‘Blackout’

By MIKE FLEMING JR | Wednesday February 6, 2013 @ 4:40pm PSTTags: Big Deals Film, Blackout, Fox 2000, Peter Chernin
Mike Fleming

EXCLUSIVE: Fox 2000 has optioned artist and author John Rocco‘s Caldecott-winning picture book Blackout for a live action feature that will be produced by Chernin Entertainment’s Peter Chernin and Jenno Topping, and producer/manager Rob Weisbach. … Read More »

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Peter Chernin Joins Twitter’s Board

By THE DEADLINE TEAM | Thursday November 15, 2012 @ 7:10pm PSTTags: Peter Chernin, Twitter

Peter Chernin has joined the board at Twitter — in news that appropriately surfaced on the micro-blogging service. He tweeted: “I’ve been a long-time user of Twitter for news and information. Happy to be joining board of this … Read More »

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The Chernin Group Invests In YouTube Network Operator Base 79

By NANCY TARTAGLIONE, International Editor | Wednesday November 14, 2012 @ 2:24am PSTTags: Peter Chernin, The Chernin Group, YouTube

Peter Chernin’s media company The Chernin Group has acquired a stake in online video business Base 79, the largest YouTube network in the EMEA region. The Financial Times values TCG’s investment at about $10M in return for a 28% stake. (TCG last week secured its own investment of about $100M from Qatar Holding, which followed a nearly $200M investment from Providence Equity Partners earlier this year.) Chernin also has investments in Scopely, Tumblr and Flipboard. Base 79 has over 550 YouTube channels and more than 300 premium content partners including BBC Worldwide, Tiger Aspect and SyCo. The full press release is below:

LONDON — Base79, one of Europe’s leading online video companies and the largest YouTube network in the Europe, Middle East and Asia (EMEA) region, today announced that it has received a strategic equity investment from The Chernin Group (“TCG”), alongside continued participation from existing investor MMC Ventures. Proceeds from the round will be used to accelerate Base79’s expansion across Europe and into other global territories, to build owned-and-operated brands and channels, and to invest in the Company’s products and technology. Founded in 2007, the Company has offices in London, New York and Sydney, and has plans to increase its presence in continental Europe within the next 12 months.

Read More »

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Apollo Global Eyes Merging CORE Media, Chernin Entertainment Into Endemol

By NELLIE ANDREEVA | Friday October 5, 2012 @ 12:35pm PDTTags: CORE Media Group, Endemol, Peter Chernin
Nellie Andreeva

Private equity firm Apollo Global Management is looking to build one of the biggest independent content companies in the world with a potential merger of CORE Media Group and Peter Chernin’s Chernin Entertainment into Endemol.

… Read More »

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Peter Chernin Under Consideration For Seat On Twitter Board: Report

By DAVID LIEBERMAN, Executive Editor | Tuesday September 25, 2012 @ 7:35am PDTTags: Peter Chernin, Twitter

The former No. 2 to Twitter fan Rupert Murdoch is one of the top choices among the people being interviewed for the part-time gig, All Things D reports. But the site says it hears from unnamed … Read More »

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Kerry Foster Takes Film Post At Chernin Entertainment

By MIKE FLEMING JR | Thursday August 2, 2012 @ 11:19am PDTTags: Chernin Entertainment, Kerry Foster, Peter Chernin
Mike Fleming

EXCLUSIVE: Kerry Foster has joined Chernin Entertainment as an executive. She will work on the film side of the production company and report to Executive Vice President Jenno Topping. All eyes are on the top slot at Chernin Entertainment, … Read More »

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Chernin Company Acquires Popular Science Article About 14-Year-Old Who Achieved Nuclear Fusion

By MIKE FLEMING JR | Monday July 30, 2012 @ 3:25pm PDTTags: Big Deals Film, Jeff Nichols, Peter Chernin
Mike Fleming

EXCLUSIVE: Chernin Entertainment has acquired The Boy Who Played With Fusion, the true story of Taylor Wilson, a 14-year-old Arkansan who became the youngest ever to achieve nuclear fusion. They are negotiating with Take Shelter and Mud writer-director Jeff Nichols to develop the film as a helming vehicle. The film will be developed through Chernin’s deal with Fox. Published in the March 2012 issue of Popular Science magazine by Tom Clynes, the article details an exceptionally smart and curious kid and what happens when his ordinary parents who didn’t quite understand how he’d become so gifted, gave him the room and encouragement to nurture his great gifts and passion for nuclear science and experimentation. When his grandmother became ill, the youth became involved in an attempt to harness the short-lived isotopes that kill cancer cells and then deteriorate before they harm healthy cells — in hopes that the cancer-curing isotopes could be generated on site at hospitals and save lives. He later harnessed his discoveries as an alarm system to root out dirty bombs in shipping containers. Read More »

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Dylan Clark Shifts To Producer Slot At Chernin Entertainment

By MIKE FLEMING JR | Wednesday June 6, 2012 @ 6:38pm PDTTags: Chernin Entertainment, Dylan Clark, Peter Chernin
Mike Fleming

EXCLUSIVE: Dylan Clark, who three years ago transitioned from an exec veep post at Universal Pictures to become president of the film division of Chernin Entertainment, is in the process of transitioning out of that post to produce … Read More »

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Peter Chernin’s Company Leaves WME

By NELLIE ANDREEVA | Tuesday June 5, 2012 @ 8:08pm PDTTags: Chernin Entertainment, Peter Chernin, WME
Nellie Andreeva

EXCLUSIVE: After two years at WME, Peter Chernin’s production company has left the agency, which represented its TV division. WME represented former NBC executive Katherine Pope in her deal to become Chernin Entertainment’s president of television and took in … Read More »

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Sandra Bullock & Melissa McCarthy Play Cop With Paul Feig

By DOMINIC PATTEN | Saturday May 19, 2012 @ 11:52am PDTTags: Big Deals Film, Fox, Melissa McCarthy, Paul Feig, Peter Chernin, Sandra Bullock

Sandra Bullock and Melissa McCarthy are going to be packing heat. The duo have signed up to do a cop buddy movie. Bridesmaids Paul … Read More »

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Chernin Group’s CA Media Takes 49% Stake In Endemol India

By NANCY TARTAGLIONE, International Editor | Thursday April 26, 2012 @ 4:22am PDTTags: Endemol, Peter Chernin, The Chernin Group

Related: Chernin Group Secures $200M Private Equity Investment For US-Asian Expansion

CA Media, the Asian investment arm of The Chernin Group (TCG), and Endemol, the world’s largest independent television producer, today announced the formation of a strategic alliance in which CA Media has acquired a 49% stake in Endemol India. CA Media and Endemol’s strategy is to build Endemol India into the leading and most valuable content production company in India across television, film and digital content. Deepak Dhar, who has been Managing Director of Endemol India since 2007, will continue to lead the company and is promoted to CEO.

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‘Huck’ Scribe Signs With APA

By DOMINIC PATTEN | Tuesday April 24, 2012 @ 9:07am PDTTags: Andy Burg, APA, Peter Chernin

Andy Burg has signed with APA. The writer, previously at ICM, has two scripts currently at Paramount: Huck, a contemporary take on Mark Twain’s classic characters of Huckleberry Finn and Tom Sawyer, with Peter Chernin and Dylan Clark producing; and … Read More »

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Chernin Group Secures $200M Private Equity Investment For US-Asian Expansion

By NIKKI FINKE, Editor in Chief | Sunday April 22, 2012 @ 10:01pm PDTTags: Big Deals Film, Big Deals TV, Peter Chernin, Providence Equity Partners, The Chernin Group

Peter Chernin MoneyLongtime Hollywood mogul Peter Chernin‘s indie company has just received a new infusion of capital to help with his goal of expanding into a global media company “across all fronts with this additional expertise and resources”. Led by Providence Equity Partners, the investors are taking what’s being called a “significant minority equity stake” in his television/movie/Internet company The Chernin Group. The official announcement will be made Monday morning. Financial terms were not disclosed, but Deadline has learned the investment is $200M. Chernin and Providence CEO Jonathan Nelson became chummy while they worked together to establish the online video site Hulu as a joint venture with NBCUniversal. The pair tell the Financial Times they also looked at making a bid for Yahoo together over a year — but then decided against it. They say the new partnership would have the resources to pursue “any deal of any size” around the world, from making multibillion-dollar bids to incubating start-ups. And they say their first deals are “very close” and could be announced within weeks. Read More »

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‘Parks And Rec’s Katie Dippold Sells Untitled Female Buddy Cop Script To Chernin

By MIKE FLEMING JR | Wednesday March 28, 2012 @ 5:43pm PDTTags: Big Deals Film, Chernin Entertainment, Peter Chernin
Mike Fleming

EXCLUSIVE: Chernin Entertainment dipped into its discretionary fund to spend mid six figures to option an untitled female buddy cop action comedy written by Katie Dippold, the writer and producer on Parks And Recreation. Dippold most recently sold an untitled … Read More »

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‘Terra Nova’ Cancelled By Fox: Chernin Series Will Be Shopped To Other Networks

By NELLIE ANDREEVA | Monday March 5, 2012 @ 7:44pm PSTTags: Fox, Peter Chernin, Steven Spielberg, Terra Nova
Nellie Andreeva

Terra Nova CancelledUPDATED: There will be no second season of pre-historic drama Terra Nova on Fox. The network’s brass just made the decision after weeks of exploring potential Season 2 tweaks to the series set 85 million years in the past. Fox had to make the decision early so the show could make a fall return if renewed. Despite its pedigree — produced by Steven Spielberg and Peter Chernin – Terra Nova did not become a runaway hit, but its decent ratings, coupled with strong international sales for sibling 20th Century Fox TV, which produces the series, were keeping renewal hopes alive. 20th TV now plans to shop Terra Nova, starring Jason O’Mara and Stephen Lang, to other networks. At TCA in January, Fox entertainment president Kevin Reilly was non-committal when asked about the future of the series. “If this is all we make (of Terra Nova), we made money on it, the studio made money on it, and it seems to have resonated with the family audience,” he said. “There is a show, which if we are to bring back, there’s an audience there. But creatively, the show was hunting (for its identity). If we had more holes in our network, we’d be thrilled to lock that right in.”

It is interesting that from what I hear, it was Reilly who made the call to cancel Terra Nova, while it was his boss, Peter Rice, who championed and bought the project exactly two years ago. With House ending its run and Terra Nova gone, Fox has three more dramas on the bubble: two with slim chances of renewal — midseason entries Alcatraz and The Finder —  and Fringe, which could clinch a 13-episode pickup if the budget can be pared down significantly. The new Kiefer Sutherland series Touch premieres later this month. Read More »

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‘X-Men: First Class’ Scribe Jane Goldman Scripting ‘Miss Peregrine’s Home For Peculiar Children’

By MIKE FLEMING JR | Friday December 2, 2011 @ 1:00pm PSTTags: Dylan Clark, Jane Goldman, Jenno Topping, Matthew Vaughn, Peter Chernin, Ransom Riggs, Tim Burton
Mike Fleming

EXCLUSIVE: While screenwriter Jane Goldman and director Matthew Vaughn are expected to return for the sequel to X-Men: First Class, Goldman is in talks with 20th Century Fox on another priority project with a major director. She’ll adapt Miss Peregrine’s … Read More »

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Tim Burton Circles ‘Miss Peregrine’s Home For Peculiar Children’

By MIKE FLEMING JR | Tuesday November 15, 2011 @ 9:08am PSTTags: Chernin Entertainment, Dylan Clark, Fox, Jenno Topping, Johnny Depp, Peter Chernin, Ransom Riggs, Tim Burton, Timur Bekmambetov
Mike Fleming

EXCLUSIVE: In a match that seems ideal, Tim Burton is in early talks to come aboard Miss Peregrine’s Home For Peculiar Children, the Ransom Riggs novel that 20th Century Fox and Chernin Entertainment acquired last spring. Burton is in talks to develop the book as a potential directing project, and he would be involved in setting a writer to adapt the tale.

It involves Jacob, a 16-year-old whose childhood was filled with stories his grandfather told him about an orphanage for unusual children. Among the residents: a girl who could hold fire in her hands, another whose feet never touched the ground, and twins who communicated without speaking. When his beloved grandfather dies unexpectedly but leaves a message behind for his grandson, the teen heads off to his grandfather’s home on an isolated island off Wales. There he discovers the abandoned remains of Miss Peregrine’s Home for Peculiar Children. It is in great disrepair and as Jacob explores its bedrooms and hallways, he can see the children were more than peculiar, they might have been there because they were dangerous. And he can’t shake the feeling they are still lurking around. Peter Chernin, Dylan Clark and Jenno Topping are producing. Read More »

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