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Peter Chernin Yearnin' For MGM

03/18/2010 05:12 am ET | Updated May 25, 2011

Peter Chernin would love to get his paws on Metro-Goldwyn-Mayer.

To do that though, Chernin might have to team up with his former employer, Rupert Murdoch's News Corp., where Chernin served for years as president and chief operating officer until leaving that post last June.To do that though, Chernin might have to team up with his former employer, Rupert Murdoch's News Corp., where Chernin served for years as president and chief operating officer until leaving that post last June.

While News Corp., which owns the Fox movie and TV studio and bankrolls Chernin's new production company, has not formulated any plan to bid for MGM, with or without Chernin's involvement, there is one possibility that could see the two unite.

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