http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20121108:nBw086616a LOS ANGELES--(Business Wire)--The Chernin Group ("TCG"), which manages and invests in businesses in mediasectors globally, today announced that it has secured a significant equityinvestment from Qatar Holding LLC. In addition to an existing investment fromProvidence Equity Partners and other shareholders, TCG will use this capital toexpand and diversify the Company`s media and entertainment operations in theU.S. and across Asia. Financial terms of the deal were not disclosed. "Building on our successful investment partnership with Providence formedearlier this year, we are pleased to expand our formidable shareholder groupwith the addition of Qatar Holding, a distinguished investor and strategicpartner," said Peter Chernin, founder and Chief Executive Officer of TCG. "Thistransaction marks another important milestone in our Company`s evolution. Thiscapital and partnership position us well to continue to pursue the mostcompelling areas of growth in the global media industry." "Peter Chernin is building TCG into a world-class media company. He and his teamhave proven success in identifying and developing opportunities in the U.S. andAsia," said Ahmad Al-Sayed, Managing Director and Chief Executive Officer ofQatar Holding. "We look forward to partnering with TCG and Providence, workingclosely with them, supporting the ongoing development of their current portfolioof investments as well as the Company`s growth through future endeavors." Jonathan Nelson, Chief Executive Officer of Providence, said, "We are excitedabout TCG's momentum since our investment and are pleased to welcome Qatar tothe partnership." Allen & Co. LLC acted as financial advisor to TCG. Legal advisors includedGibson, Dunn & Crutcher LLP for TCG and White & Case LLP for Qatar Holding. About The Chernin GroupThe Chernin Group (TCG) is a privately held, independent media holding companybased in Los Angeles, California founded by Peter Chernin. TCG has built,managed, operated and invested in businesses in the media, entertainment, andtechnology sectors around the world since 2010. TCG's assets include CherninEntertainment, which produces feature films and television programs; a majoritystake in Hong Kong-based CA Media, which builds, manages and operates media,entertainment and technology businesses in Asia; and several strategicinvestments in technology and media companies in the U.S. including Pandora,Fullscreen, Tumblr, Flipboard and Scopely. Providence Equity Partners, QatarHolding LLC and other shareholders are strategic partners of and investors inTCG. About Qatar Holding LLCQatar Holding LLC, a wholly-owned subsidiary of Qatar Investment Authority, is aglobal investment institution and a preferred partner of choice for investors,financiers and other stakeholders. Key investments of Qatar Holding includeAgricultural Bank of China, Barclays plc, Canary Wharf Group (via SongbirdEstates), Credit Suisse Group, Harrods Group, Hassad Food Company, Iberdrola SA,J Sainsbury plc, London Stock Exchange, Lagardere, Porsche, Qatar Exchange,Qatar Telecom, Qatar National Bank, Santander Brasil and Volkswagen AG. For moreinformation please visitwww.qatarholding.qa. Media:For The Chernin Group:Sard Verbinnen & CoCharles Sipkins/Cassandra Bujarski310-201-2040csipkins@sardverb.com/cbujarski@sardverb.comorFor Qatar Holding LLC:Stephen Benzikie/Alisdair Haythornthwaite+44 (0)20 7861 3232media@qatarholding.qaCopyright Business Wire 2012
The Chernin Group Announces Strategic Investment from Qatar Holding
The Chernin Group (TCG), which manages and invests in businesses in media sectors globally, announced that it has secured a significant equityinvestment from Qatar Holding LLC.
November 8, 2012




















