Chernin invests $3m in MiTu

Dec 17, 2012 • Toby Lewis

The Chernin Group, a US-based media company led by former News Corporation executive Peter Chernin, has helped MiTu Network, a YouTube video channel company, raise a financing round. The amount raised was undisclosed, but news provider AllThingsD said it had raised $3m.

The Chernin Group was joined in the round backing Los Angeles-headquartered MiTu by Allen DeBevoise, executive chairman of Machinima, a US-based video entertainment network for gamers, Juan Cristóbal Ferrer of Ferrer Comunicación, a Mexico City-based advertising agency and…

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