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“From the outset, Randall Stephenson and John Stankey championed the Otter strategy and vision, and AT&T has been an ideal partner in building the business — smart, creative and supportive,” said Peter Chernin, CEO, The Chernin Group. “With AT&T’s direct-to-consumer relationships, vast data and varied content, I believe they can ...
Aug 7, 2018 · Jesse Jacobs, left, and Peter Chernin, the top executives at the Chernin Group. Four years ago, they made a bet on streaming and video services, which paid off in a deal worth more than $1...
In April 2014, AT&T partnered with The Chernin Group to invest $500 million in online video services. In April 2012, Chernin sold a minority stake of TCG to strategic investment partners Providence Equity Partners, a leading private equity firm, and other private investors.
“A critical part of The Chernin Group’s strategy has been our significant focus on the online video industry, and joining forces with AT&T only further underscores our strategic commitment in this area as operators, investors and programmers,” said Peter Chernin, Chairman and CEO, The Chernin Group.
Sep 22, 2014 · “Peter Chernin, Jesse Jacobs and the entire team at The Chernin Group have supported our vision since day one. With AT&T as a strategic investor in Otter Media, we are well positioned to redefine youth media in today’s digital-first world. We could not ask for a better opportunity.”
Aug 7, 2018 · Analysts valued Chernin Group’s deal to sell its stake in Otter to AT&T at $1 billion, according to the New York Times. The deal will merge Otter Media’s portfolio — which includes...
Oct 1, 2014 · Chernin Group and AT&T revealed Sept. 22 that they will take a majority stake in the company through Otter Media, a joint venture created in April to invest more than $500 million in digital...
