Peter Chernin Mints Himself Some More Media Money

What a happy camper! (Too bad we hate happy campers!)

Lookit that picture up there, kids. Just look at it. Damn that boy looks pleased.

And why not? After a zillion years (well, over 20 for sure) as the world’s highest paid assistant (to Rupert Murdoch, no less), Mr. Chernin left his $15,000,000+ a year gig as President of News Corp. and formed the Chernin Group, forming all kinds of cool alliances with Fox, Dreamworks, and lesser entities. No more Rupert butt to kiss. Yay!

Earlier this year he scored $200 million in working capital from Providence Equity Partners, possibly to fund a merger (read “takeover”) of Endemol, one of the biggest produces of reality TV in the world, and Core Media, which produces AMERICAN IDOL and SO YOU THINK YOU CAN DANCE and, better yet, holds the licensing rights to Elvis Presley and Muhammed Ali.

Now we learn that Mr. C has gotten hold of $100 million from Qatar, which sounds like a planet from the comic book Green Lantern but actually is a country somewhere. According to AllThingsD.Com the dough will be used as “‘firepower’ for a strategy [to] build up media assets in emerging markets like China, produce film and TV shows in the U.s., and make investment bets on media/tech companies….”

And to think, our boss, LB, knew him back when Mr. Chernin was an assistant to TV producer David Gerber, working for half the going rate because, as he told LB, “I didn’t know what to ask, and he offered me twice what I was getting as a junior book editor in New York.”

TVWriter™ congratulates Peter Chernin on growing up to become a man who knows exactly what to ask, and, more importantly, how to make sure he gets it. But we also have a request: Please, please, please, Petey, can you not be as happy as you look? Cuz if you aren’t secretly miserable we’ll never be able to face our own miserable, financially unsuccessful lives again.

Now that’s what we wanted to see. Dunno about Mr. Chernin, but we’re feeling much better now.

munchman: Another 30 ROCK Producer Makes a Pilot Deal

Have you seen the credits on this babe? Amazing. I want ’em, dammit, I want ’em.

Workplace Comedy From Writer Kay Cannon & Chernin Co. Lands At Fox As Put Pilot by Nellie Andreeva

In her first stab at development, hot young comedy writer-producer Kay Cannon (30 Rock) has landed a put pilot commitment at Fox for a female-centered workplace comedy from 20th Century Fox TV and studio-based Chernin Entertainment. Described as in the vein of Mary Tyler Moore, the single-camera comedy is set in the offices of an NFL-Sunday-type show and has a strong female lead at the center. In addition to writing, Cannon will executive produce with Peter Chernin and Katherine Pope.

The untitled project stems from the May overall deal 20th TV signed with Cannon had been pursued by multiple studios. Under the pact, Cannon serves as a co-executive producer on the Fox sophomore comedy New Girl, also from 20th TV and Chernin Entertainment. Second City and UCB alumna Cannon spent the last 6 years on NBC’s Emmy-winning comedy series 30 Rock, starting as a staff writer in Season 1 and rising to supervising producer this season. In 2010 she received an Emmy nomination for co-writing with 30 Rock creator/star Tina Fey the Lee Marvin vs. Derek Jeter episode of the show. On the feature side, Cannon’s first script, Pitch Perfect, was produced by Universal, and the movie starring Anna Kendrick will be released in October. Cannon is with WME and Brillstein Entertainment.

Overall deals are the way to go. Being hot enough to get one as good as this is a better way to go. In view of how bad Chernin Entertainment’s drama shows did last season it’ll be interesting to see how these new comedies the company is developing do in the next cycle.

Not that failure will affect Petey Chernin. At one time or another he probably has been the boss of everybody who is anybody in the TV biz. I’m figuring his song will remain the same.