The Chernin Group


Fullscreen launches on Roku

US over-the-top service, Fullscreen, has launched on Roku streaming devices in the states. Youth-focused Fullscreen, which costs US$5.99 per-month, is already available on Apple TV, Chromecast, iOS and Android devices and via web browsers. Roku users will now be able to access Fullscreen originals like Shane and Friendswith Shane Dawson, Not Too Deep with Grace Helbig, and Psychobabblewith Tyler […]

Reese Witherspoon, Chernin JV form content firm

Hollywood star Reese Witherspoon has created a female-focused content company, tapping the COO of a content recommendation that Hulu recently acquired to run the prodco. Witherspoon has hooked up with Otter Media, the joint venture between AT&T and The Chernin Group, to create Hello Sunshine, which is billed as a “cross-brand and consumer-facing content company […]

KKR ‘to rival ITV in eOne chase’

Private equity giant KKR is reportedly lining up a bid for Entertainment One. This puts it in competition with UK broadcaster ITV, which last week confirmed it had an offer of around £1.01 billion (US$1.3 billion) rejected by eOne’s management. Various reports suggest KKR is “studying a potential proposal”, though has not yet decided whether […]

Fullscreen creates latest int’l SVOD entrant

Multichannel network Fullscreen is due to launch a subscription video-on-demand service featuring originals, scripted and unscripted acquisitions and movies. The US$4.99 per-month, ad-free service – also called Fullscreen – is due to debut internationally on April 26 and will feature new content daily, as well as playlists and original content from Fullscreen content creators. The […]

Chernin’s OTT firm names president

OTT investment business Otter Media has upped Sarah Harden to president. Otter was formed last year as a joint venture between former Fox and News Corp. boss Peter Chernin’s company and telco giant AT&T. The firm launched with US$500 million to invest in OTT and online platforms and content businesses. Harden has been upped from […]

Chernin establishes Asian investment firm

The Chernin Group and former ProSiebenSat.1 owner KKR have pacted to create an investment fund in Asia. Investment company KKR has invested US$300 million in Emerald Media, with former New Corp. boss Peter Chernin’s media company partaking in the venture as a minority co-investor. Further to that, KKR has acquired a “significant, minority stake” in […]

Chernin Group buys anime streaming site

Peter Chernin’s media investment group has acquired a majority stake in anime streaming platform Crunchyroll. The deal, for an undisclosed amount, will see The Chernin Group take control of San Francisco-based Crunchyroll (left), which counts Japanese broadcaster TV Tokyo as its other major outside investor. Crunchyroll’s senior management team will retain to retain a “significant” […]

Chernin linked to $2bn move for IMG

Peter Chernin has reportedly joined forces with private equity firm CVC Capital to make a US$2 billion bid for sports and content business IMG. Peter Chernin is the former News Corp number two who has set up a media investment business The Chernin Group. CVC is the private equity company that is a major shareholder […]

Machinima looking for funding to boost originals slate

Videogame-focused online video network Machinima is reportedly looking to raise a new round of funding after hiring financial advisors Allen & Co. According to an All Things D report, Machinima is aiming for a “mega-round” of financing that could reach the “US$70 million-plus” range, in order spend more money licensing original shows. It is also […]

Qatar Holding latest to be linked to Hulu

Middle Eastern fund Qatar Holding is the latest organisation to be linked to a move for US catch-up and on-demand service Hulu. Weekend reports suggested the Qatari organisation is now one of seven interested in Hulu with bids in the region of US$1 billion. Other bidders for the ABC, Comcast and Fox-owned service are thought […]