Peter Chernin sells North Road to France's Mediawan; sources: the agreement, paid mostly in stock, values the independent film and TV studio at ~$900M (New York Times)
New York Times:
Peter Chernin sells North Road to France’s Mediawan; sources: the agreement, paid mostly in stock, values the independent film and TV studio at ~$900M — Peter Chernin, an industry veteran who founded North Road in 2022, said his deal with Mediawan met a need to get bigger in an era of consolidation.