Hollywood veteran taps private equity firm for new financing stream

04/23/2012 | New York Times (tiered subscription model), The

Peter A. Chernin, head of the Chernin Group, reportedly has sold a minority stake in his TV and film production company to Providence Equity Partners. The Chernin Group, in turn, will received about $200 million for acquisitions, which are likely to include a minority investment in TV production firm Endemol India and Only Much Louder, a digital concert and music firm, also in India.

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