A Hit Maker Bets Future Earnings on an Expansion Plan

The upcoming 'Rise of the Planet of the Apes' film and 'Terra Nova' TV series form the foundation of the former News Corp.

Peter Chernin, president and chief operating officer of News Corp., will leave the company in June. The media conglomerate said in a statement Monday that its 20th Century Fox movie studio and Fox TV businesses will report directly to Chief Executive Rupert Murdoch upon Chernin's departure.

The bank’s fundraising efforts in 2008 are already being examined by watchdog the Financial Services Authority (FSA) and the Serious Fraud Office, reports The Telegraph.

The former News Corp. president could emerge as a powerful player at NBC Universal if Comcast succeeds with its bid. But he also could be helping to create a stronger rival to his longtime employer. Peter Chernin, who stepped down as president of media conglomerate News Corp. this summer, is back in the spotlight.

Peter Chernin, the former News Corporation president, is advising Comcast in its bid to acquire a majority stake in NBC Universal, according to executives briefed on the matter.

Peter Chernin, News Corp.'s departing president, voices an animated version of himself in an episode of 'Family Guy' that was recorded last year and aired Sunday. Could this be a career option? In this topsy-turvy financial climate, developing new work skills is almost essential.