Chernin Entertainment to Adapt Spotify Original Podcasts for TV, Movies
By Allyson Vannatta, Senior Writer
Peter Chernin, founder of Chernin Entertainment, signed a multiyear first look deal with Spotify to turn the app’s original podcasts into movies and television shows.
Spotify and Chernin Entertainment will partner 50-50 on the new projects, Variety reports.
Eventually, a development exec will report to Chernin Entertainment’s president, Jenno Topping, and Spotify’s chief content officer and advertising business officer, Dawn Ostroff, about potential projects.
“At Spotify, we believe that the extraordinary growth of audio will continue to attract the world’s great creators and make podcasts a premier destination for original IP,” Ostroff said in a statement. “As we continue to expand our content ambitions, we are thrilled to collaborate with Peter Chernin, who, along with his exceptional team, are the perfect partners to help us share these stories with audiences across mediums and around the world.”
Chernin, chairman and CEO of Chernin Entertainment, told Variety, “We have spent a lot of time since the birth of the company thinking about IP.”
“What’s impressed us is the innovation in storytelling on podcast platforms,” Chernin added. “They are telling stories with no images – just dialogue and sound effects.”
The process of picking potential projects from over 250 original series is just getting underway.