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News Corp's Chernin Turns Yahoo Down (YHOO)

petercherninap1016.jpgNews Corp. COO Peter Chernin took a call from Yahoo (YHOO) board chairman Roy Bostock, but he refused to visit Sunnyvale to talk about the job, Kara Swisher reports:

It looks like Yahoo has almost no chance to nab a top candidate, News Corp. (NWS) COO Peter Chernin. While Yang made nice and Bostock quickly lobbed in a call to get the well-known exec to come in and talk, several sources said Chernin declined even that.

Chernin has told many he is not interested in doing the job.

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No surprise there. Chernin's contract with News Corp includes a clause that would allow him to set up his own movie studio if ever got canned. Anybody who wants to run a movie studio does not want work in Sunnyvale office park, sorry.

Kara also says OpenTable's Jeff Jordan has told investors he doesn't want the Yahoo gig.

See Also:
Former Microsoft Exec McAndrews For Yahoo CEO?

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