While many former studio heads fail when striking out on their own, Chernin has found success as an independent producer, with seven hits in a row. “I’m focused on areas of the media business that are going to grow the most rapidly over the next 10 years,” said Chernin, who has barely spoken to the news media since leaving Mr. Murdoch’s News Corp., where he was president.
The Chernin Group, the holding company of former News Corp. executive Peter Chernin, is leading an early investment round in MiTú, a Latino-focused YouTube network. Other investors include Machinima CEO Allen DeBevoise; Advancit Capital, Shari Redstone’s VC firm; and Code Advisors.
