Peter Chernin, President and Chief Operating Officer, News Corporation, speaks during the "Outlook for the Entertainment Industry" panel at the 2009 Milken Institute Global Conference in Beverly Hills, California April 29, 2009. Reuters Pictures 7 months ago

Peter Chernin, President and Chief Operating Officer, News Corporation, speaks during the "Outlook for the Entertainment Industry" panel at the 2009 Milken Institute Global Conference in Beverly Hills, California April 29, 2009.