14 November 2008
REPORT CHERNIN MAY STEP DOWN
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REPORT CHERNIN MAY STEP DOWN
Peter Chernin, who, as president and COO of News Corp, is regarded as one ofthe most powerful media executives in the U.S., is considering stepping downand possibly launching a new media company on his own, the Los AngelesTimes reported today (Friday), citing unnamed News Corp executives. Thenewspaper indicated however, that Chernin had not made a decision about hisfuture and that only last week he described his current contract talks withNews Corp as "constructive and friendly." Nevertheless, the Times quotes others close to Chernin as saying that he is not interested insigning another five-year contract and that he is telling friends that he'sgoing to start "something new."
14/11/2008
