Transcript
Introduction
Patrick
My guest today is Peter Chernin, who has had a hall of fame career in the entertainment business. Peter ran News Corp and Fox for 15 years between 1996 and 2009, before co-founding the Chernin Group, which has become one of the leading investment firms in the consumer space. Along the way, he has also produced a number of blockbuster films, including Titanic, Avatar, The Greatest Showman, and The Planet of the Apes trilogy. Please enjoy this wonderful discussion with Peter Chernin.
Blockbuster Lessons
Patrick
Peter, thanks so much for doing this with me. I thought an interesting place to start, given the wide berth of your career, would be with two movies that everyone would be familiar with. Those being Titanic and Avatar. Be interesting to hear, obviously, James Cameron behind both of them, how Titanic came to be or that partnership came to be. But was business and even investing lessons, if you think about the movie as a huge outlay of capital during a return, what business and investing lessons stand out from the production of those two movies?