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AT&T has acquired The Chernin Group’s controlling interest in Otter Media, a leading subscription, advertising and content company.
Jul 6, 2022 · Hollywood veteran Peter Chernin announced Wednesday that he is forming a new studio, betting that the appetite for new content will remain strong despite the pall cast over the streaming...
- Dawn Chmielewski
Jul 6, 2022 · Chernin, who once ran Fox Filmed Entertainment and produced 'Ford v Ferrari' and 'Hidden Figures,' is combining his movie and TV assets into a firm with $800 million in equity and debt financing.
- ryan.faughnder@latimes.com
- Company Town Senior Editor
Apr 23, 2014 · NEW YORK — Is AT&T preparing a new challenger to Netflix and Hulu? On Tuesday the wireless company said it had entered into a new venture with former News Corporation president Peter...
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.
Aug 7, 2018 · AT&T has acquired the Chernin Group’s controlling interest in Otter Media, the four-year-old joint internet-video venture between the two companies, in a deal reported to be worth $1 billion.
Jun 20, 2018 · AT&T is getting ready to acquire all of Otter Media, the streaming video company it co-owns with Peter Chernin. Fresh off its Time Warner acquisition, AT&T has another content deal in the...