Peter Chernin Seeks Hollywood Acquisitions Including Studio Behind ‘Love Is Blind’

Media mogul Peter Chernin is looking to buy entertainment assets that could bolster his namesake production studio, including a possible deal for the German-owned media company Red Arrow Studios, according to a person familiar with the matter.

Chernin Entertainment has produced the movies “Ford v Ferrari” and “Rise of the Planet of the Apes,” and now has a deal to make movies for Netflix Inc. The company is profitable, having posted $50 million in earnings before interest, tax, depreciation and amortization, and is looking to hire a chief financial officer, said the person, who asked not to be identified discussing private financial information.