Chernin Resurfaces in Asia

Three weeks after his name was bandied about as a possible candidate to assume the role of CEO at the Tribune Co., former News Corp. president and chief operations officer Peter Chernin has announced a new venture that will take him overseas.

On Monday, Chernin announced the launch of CA Media, a Hong-Kong-based startup that will fund emerging media, entertainment and sports businesses across Asia. Chernin will serve as chairman of the new venture.

Joining Chernin is Paul Aiello, the former CEO of News Corp.’s

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