Wash. - Former News Corp. (NYSE: NWS)
president Peter Chernin and Microsoft (NASD: MSFT) have held talks on creating a dedicated
TV channel for the Xbox 360 video game console, Bloomberg reported, citing two
people with knowledge of the proposal.
The channel would reportedly be jointly
owned by Chernin and Microsoft, and offer both original programming and reruns
to Xbox Live subscribers for a monthly fee of $1 or $2.
offers a range of downloadable and streaming content to the Xbox 360, including
content from Netflix.
- News Corp. (NYSE: NWS) announced on Thursday that it has hired Chase Carey, CEO of the
DirecTV Group (NASD: DTV), to be its new deputy chairman, president and chief operating
Carey spent 15 years as a
senior executive at News Corp., before leaving to take the CEO spot at DirecTV
He will join the News Corp. board when departing COO Peter Chernin
steps down as a director on July 1.
"Chase has been one of my closest
advisors and friends for years and I [...].
- Following four weeks of private talks between Screen Actors Guild (SAG)
interim executive David White and several top studio executives, including
Disney (NYSE: DIS) CEO Bob Iger and News Corp. (NYSE: NWS) president Peter Chernin, the two sides are
"very close" to resolving most of the sticking points holding up a
labor contract deal, the Los Angeles Times reported, citing "people
familiar with the situation."
actors have been working without a contract for the past nine months.
are reportedly ready to capitulate on one major [...].
- Media tycoon Rupert Murdoch’s News Corporation (NYSE: NWS) announced on Tuesday that
president and COO Peter Chernin, also CEO of the Fox Group, will leave the
company when his contract expires on June 30. "Peter’s contributions to
the Company over the past two decades have been immeasurable," said News
Corp. chairman and CEO Rupert Murdoch. "It is understandable that at this
stage in his life he would want to do something new after serving News
Corporation and our shareholders so well for so long."
Warsaw - News Corporation has no plans to pull its TV programming from Apple's iTunes Store, unlike fellow producer NBC Universal, which recently did so after negotiations with Apple over pricing and other issues stalled, Reuters reported.
"Right now we have a perfectly good relationship with Apple," News Corp. president and COO Peter Chernin told Reuters while traveling in Poland.
"But let me say this, we're the ones who should determine what the fair price for our product is, [...].