August 27, 2014 9:12 AM ET


Company Overview of The Chernin Group, LLC

Company Overview

The Chernin Group, LLC, through its subsidiaries, produces feature films and television programs. The Chernin Group, LLC was founded in 2009 and is based in Santa Monica, California.

1733 Ocean Avenue

Suite 300

Santa Monica, CA 90401

United States

Founded in 2009

Key Executives for The Chernin Group, LLC

Age: 63
Compensation as of Fiscal Year 2014.

The Chernin Group, LLC Key Developments

AT&T AND Chernin In Talks To Acquire Fullscreen

AT&T, Inc. (NYSE:T) and The Chernin Group, LLC are reportedly in advanced talks to take a controlling stake in Fullscreen, Inc. The deal is reportedly to value Fullscreen at around $250 million and an agreement could be reached as soon as this week, one of the people said.

Yahoo Reportedly Bids $250 Million For Fullscreen

Yahoo! Inc. (NasdaqGS:YHOO) is planning to acquire Fullscreen Inc. for about $250 million, Sky News reported. The Chernin Group, LLC is understood to have the right to buy Fullscreen Inc. at a previously-agreed price if other bidders do not offer at least $300 million.

The Chernin Group and AT&T Create New Venture to Acquire, Invest in and Launch Online Video Businesses

AT&T and The Chernin Group announced the formation of a venture to acquire, invest in and launch over-the-top (OTT) video services. The Chernin Group and AT&T have committed over $500 million in funding to the venture. This alliance positions AT&T and The Chernin Group to take advantage of the rapid growth of online video and OTT video services, with each party bringing significant and complementary strengths. The strategic goal of this initiative will be to invest in advertising and subscription VOD channels as well as streaming services.

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