[8] Prior to starting TCG, Chernin was president and chief operating officer of News Corporation and chairman and CEO of the Fox Group from 1996 to 2009.

[9][10] As president and COO of one of the world's largest media companies, he oversaw diversified global operations spanning five continents, including the production and distribution of film and television programming; television, satellite and cable broadcasting and News Corp.'s aggressive expansion into the digital media and internet space.

He has also had oversight of Fox's tremendous growth in sports, cable and general entertainment television programming and distribution in the U.S. and internationally.

[13] Prior to his 1996 appointment, Chernin was four years as chairman and chief executive officer of Fox Filmed Entertainment where he oversaw all aspects of the studio's worldwide feature-film production, marketing and distribution activities.

[14] On February 24, 2009, the Wall Street Journal reported that Peter Chernin made the decision to leave News Corporation after 20 years, to pursue independent entrepreneurial ventures.

[17] At the All Things Digital's AsiaD Conference[18] in Hong Kong on October 20, 2011, Chernin dismissed that he was interested in pursuing opportunities with the company.

In July 2011, CA Media invested in the Hong Kong-based mixed martial arts promoter Legend Fighting Championship.

On December 2, 2013, TCG announced that they had acquired the anime streaming site Crunchyroll in an effort to expand their online video assets.

[35] On January 7, 2016, it was announced by David Portnoy in a video that Chernin Media was acquiring a majority stake in the popular website Barstool Sports and moving the headquarters to New York City.

[38] In February 2023, Reuters reported that Chernin was linked to interest in ITV Studios, the maker of hit show "Love Island".

He previously was on the boards of Twitter,[44] Pandora,[45] News Corp, DirecTV,[46] E-Trade,[47] and Friends of the Global Fight Against AIDS, Tuberculosis and Malaria.

[6] Chernin has donated over $100,000 to the Democratic Party, candidates & associated organizations, as well as hosting Barack Obama at his home for a fundraiser in 2013.