EXCLUSIVE: Chernin Entertainment is the newest media firm to endure a spherical of layoffs.
We hear that a variety of executives together with Bill McGoldrick are leaving Peter Chernin’s firm as a part of the cost-cutting strikes. It’s believed to be a part of trimming at Chernin Entertainment as the previous Fox boss builds up his The North Road Company.
McGoldrick, who beforehand was President of Original Content at NBCUniversal Entertainment Networks and Direct-to-Consumer, joined Chernin Entertainment in August 2021 as EVP Film and Television.
Also leaving are Juan Alfonso, Ian Smith and Jordan Compton. Alfonso, who was SVP Film and Television, additionally joined in summer time 2021, having held exec roles at Starz and Disney. Smith and Compton had been creatives executives.
Chernin Entertainment is a part of The North Road Company, which was fashioned in July 2022, bringing collectively Chernin Entertainment, the U.S. property of Red Arrow Studios, which incorporates Love Is Blind producer Kinetic Content, and Connor Schell’s non-scripted enterprise Words + Pictures.
Earlier this summer time, former Showtime chief David Nevins joined The North Road Company as CEO, and his former Showtime colleague Amy Israel joined him as President of Television final month.
Chernin Entertainment is behind sequence equivalent to Netflix’s upcoming restricted The Madness, starring Colman Domingo; Starz’s P-Valley; Apple’s upcoming Jason Momoa sequence Chief of War; Luther: The Fallen Sun and Man on Fire, additionally for Netflix; in addition to movies equivalent to Dicks: The Musical and Ford v Ferrari.