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.