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Posts Tagged ‘Peter Chernins’

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, […]

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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 […]

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