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AT&T* has acquired The Chernin Group’s controlling interest in Otter Media, the joint venture between the two companies.Otter Media, a leading subscription, advertising and content company, comprises wholly-owned subsidiaries Ellation, an online subscription video service provider, with offerings under the Crunchyroll and VRV brands, as well as a full-service digital media company ...
Apr 22, 2014 · NEW YORK (AP) — AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could rival Netflix and Hulu. AT&T Inc. and Chernin Group said Tuesday that they have committed more than $500 million in funding toward the venture. They are not saying how much each company is investing. The move comes amid rapid growth in online video ...
Jul 23, 2014 · AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million to $300 million, said tech blog Re/code, citing sources familiar with the target company. Otter Media, a joint venture between the telecom carrier and the investment group headed by media entrepreneur Peter Chernin, beat out several ...
Jul 23, 2014 · AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million (117.4 million pouns) to $300 million ...
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 industry ...
- Dawn Chmielewski
DALLAS and LOS ANGELES, April 22, 2014 — AT&T* and The Chernin Group, which manages and invests in media businesses around the world, today announced the formation of a venture to acquire, invest in and launch over-the-top (OTT) video services. The Chernin Group and AT&T have committed over $500 million in funding to the venture.
Apr 22, 2014 · AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could rival Netflix and Hulu.
