EXCLUSIVE… UPDATE: Nice coup for WME given that Peter Chernin, the former News Corp No. 2, is not only one of Hollywood smartest players but also has one of Hollywood’s busiest banners. Though I’ve now confirmed that Fox-based Chernin Entertainment is letting WME Entertainment rep only its TV business, which is run by former NBU honcho Katherine Pope. But that’s some TV biz since Chernin when he left News Corp savvily negotiated a helluva retirement package that called for put TV and film projects. WME advised on the Chernin deal when Pope landed there. And WME packaged all 4 of their pilots (Breakout Kings, Terra Nova, Pleading Guilty, and the Jonah Hill Animated Show). Say what you will (and you will), but WME’s TV department has some serious heat right now.