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Posts Tagged ‘Peter Chernins’

AT&T partners with Chernin Group in online video venture

22
Apr
2014

By Marina Lopes NEW YORK (Reuters) – ATT Inc said Tuesday it would partner with The Chernin Group media holding company to invest $500 million in a joint venture for web-based video services, making it the latest company aiming to tap the growing consumer demand for online video. The move follows announcements by Verizon Communications, […]

Category CA TechnologiesTech Written by Yahoo 0 Comments

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AT&T is building its own video service after it failed to buy Hulu

22
Apr
2014

ATT and the Chernin Group were unsuccessful in their attempt to buy Hulu last year, so now theyve decided to spend $500 million in hopes of building a worthy competitor. A press release today notes that the communications behemoth has formed a partnership with Peter Chernins investment group. Together, theyll shell out millions in an effort […]

Category CA TechnologiesTech Written by The Verge 0 Comments

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