Chernin Watch: Latest Report Has News Corp. COO Leaving, Opting For Rich Fox Production Deal

This story was written by Staci D. Kramer.
Now that the Oscars are over, we can return to another favorite Hollywood guessing game: is Peter Chernin staying on as COO and president of News Corp.? Nikki Finke says the answer is no and I believe this time she's right; although I'm not certain of all the ins and outs, I expect an announcement soon. Finke reports that one of her most reliable sources says Chernin is leaving and will become a producer at Fox with what is undoubtedly the biggest and richest deal at the studio and network. No comment from News Corp (NYSE: NWS). (It's a great day to be Nikkishe has the banner headline and a direct link from rival Sharon Waxman's More to come.

Photo Credit: David Geller

By Staci D. Kramer