peter chernin

Hulu buyout heats up with four reported bidders

Companies looking to get a piece of the Hulu pie had until this week to put in their first round of bids for the video streaming service. And, it appears that four companies have gone in for a slice.

Former News Corp president Peter Chernin, private equity fund Guggenheim Digital Media (which is headed the former interim Yahoo CEO by Ross Levinsohn), satellite operator DirecTV, and cable operator Time Warner Cable have all put in bids, according to Reuters.

Hulu has supposedly been looking for a buyer over the past couple of years, and recently several companies have allegedly expressed … Read more

Former News Corp. president wants Hulu for $500 million, says report

Former News Corp. President Peter Chernin wants to buy Hulu for about $500 million, Reuters reported today.

Unnamed sources told the news service of Chernin's interest in the video-streaming site. Chernin, a former Hulu board member, helped create Hulu in 2007. He left News Corp. in 2009 to start The Chernin Group, which owns other media companies, such as Pandora Radio.

News Corp. and Walt Disney, which currently own Hulu, were said to have reached out to potential buyers in March.

Providence Equity Partners, one of the Chernin Group's investors, sold its 10 percent stake in Hulu last … Read more

Hollywood bigwig Peter Chernin joins Twitter's board

Welcome, @peterchernin, to Twitter's board.

— Twitter (@twitter) November 16, 2012

Twitter said this afternoon that former News Corp. executive Peter Chernin has become the newest member of its board of directors.

Well known in Hollywood, Chernin helped launch Hulu and is on Pandora's board. The move was expected, with All Things D reporting earlier in the day that Twitter was "poised" to name Chernin.

Rumors about who would be the newest Twitter director have been flying for months, with Chernin's name prominently mentioned.

Twitter's current board members are CEO Dick Costolo, co-founder Evan Williams, … Read more

Report: Hollywood big shot Peter Chernin set to join Twitter's board

As Twitter becomes more and more mainstream, it may also be trying to become more Hollywood.

According to AllThingsD, Twitter plans to name Peter Chernin, a well-known Hollywood executive, to its board of directors. Chernin would take the spot on the board vacated by Flipboard CEO Mike McCue.

Rumors have been flying for months that Chernin, who has held top slots at News Corp., and who helped start Hulu and is on Pandora's board, would become a Twitter director.

Twitter's current board members are CEO Dick Costolo, co-founder Evan Williams, Fred Wilson of Union Square Ventures, co-founder and … Read more

Filling Yahoo's CEO vacancy

Prior to a Churchill Club event, I chatted with Kara Swisher about who she believes will succeed the deposed Jerry Yang as Yahoo CEO. From her BoomTown perch at All Things Digital Kara has been all over the story. She thinks that News Corp. Chief Operating Officer Peter Chernin could be the man. Chernin has spent the last 12 years by the side of Rupert Murdoch and may be leaving his embrace. Kara also evaluates a number of other possible candidates in the video below and in this blog post.

Whoever takes the job will have to be capable of … Read more