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Untitled Document

News Corp's low key number two, Peter Chernin: The Economy? The Strike? No biggie for us

Published: Thursday, January 10, 2008

-SDH

Call them Teflon News Corp because according to President and Chief Operating Officer Peter Chernin, he isn't worried about the Economy or the writers strike affecting any of News Corp's businesses. Sure Wall Street firms have sent out warnings about some media sectors but, Chernin must have seen it all coming because he said News Corp is in good shape to withstand it all. Maybe Chernin who we expect to be out as News Corp Prexy next year, should meet with his counterparts at other media companies and share his secrets with them.


"We are seeing no signs of any slowdown in our business," Chernin said at a Citi conference in Phoenix, Arizona, adding the company was "not unmindful" of wider economic troubles. Obviously we live in the world, and Rupert lives in the world, and God knows I'm sure everybody here is buzzing about the economy and where we're headed," he said in a presentation broadcast over the Web.

News Corp's Chernin sees no slowdown from economy [Reuters]

Labels: ECONOMY, Newscorp, PeterChernin

Comments on "News Corp's low key number two, Peter Chernin: The Economy? The Strike? No biggie for us"

 

Anonymous Anonymous said ... (2:56 PM) : 

BOO!

 

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