This article is about a man named Peter Chernin who has invested $200 million dollars in a Providence Equity partnership. This investment is being used in media and technology companies. Chernin has teamed up with an Asia-based media investment company and several strategic investments in the U.S based technology. Chernin hopes to support “the growth of innovation media and entertainment companies.” As Chernin stated their goal is to “build a global, diversified media company that leverages the key areas of value and growth in the world today.”
I chose this article because the title seemed interesting. When I first clicked on the article and read the first couple of sentences I was kind of interested because I like looking at the facts of the business world. It’s about the entertainment world but without all the annoying information about the newest plastic surgery the Brittany got done. The article was about relevant information about the upcoming events of the entertainment world. If this project goes through we will be seeing a new world of movies. I think this article might be interesting to other people because it can give them some insight on what to expect in the future of the entertainment universe.
After reading this article people will know about the investments of a producer named Peter Chernin, and how they may impact our society. If I were other people I would look up some of the productions that the article has on the bottom of the page (Rise of the Planet of the Apes, Oblivion, New Girl, ect). By watching some of these movies or TV shows you will be able to get a better understanding of Chernin’s work, and whether or not you should be excited about his new investment. If you are someone who doesn’t like the works listed on the bottom of the article you could look into what other investors are working with him, again to see if you should be excited about the upcoming events.
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