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As a vice-president at Time, Inc., he was involved in the launch of HBO. [3] From 1980 to 1986, he was president of Time Inc. [4] In 1989, he was instrumental in the merger between Time Inc. and Warner Communications Inc. He was co-chairman of Time-Warner, with Steven J. Ross. He retired in 1990. [5] [6]
The two brothers worked for Ross in the early 1970s after Atlantic got bought in 1967 by Warner Bros.-Seven Arts that in turn got bought by Ross's Kinney National Company two years later. When Nesuhi Ertegun had a business opportunity that would require leaving the company, Ross offered anything in an attempt to keep him.
In 1996, Time Warner Entertainment acquired the Turner Broadcasting System; but the company later merged with America Online (AOL) to form AOL Time Warner in 2001 and reverted to the Time Warner name in 2003. [11] Time Warner spun off its cable division (later known as Spectrum owned by Charter Communications) and AOL (now owned by Yahoo! Inc ...
Prior to the AOL Time Warner debacle, Levin was an attorney who became a programming executive in 1972 at a regional pay-TV channel called Home Box Office. He was promoted to CEO a year later and ...
From "La La Land" to "Friends" the back lot of the Warner Brothers studios has been home to hundreds of Hollywood shows and movies.
As CEO of Time Warner, Bewkes oversaw HBO, Turner Broadcasting System, Warner Bros. and New Line Cinema, while he oversaw the company's divestment from AOL, Time Inc. and Time Warner Cable. In January 2006, Bewkes and CBS Corporation head Les Moonves helped broker the deal that joined the CBS-owned UPN with The WB to form The CW Network.
In a story published Feb. 7, 2000, Loomis and associate Christine Chen wrote: “Even at internet speed, it will take some time for the world to judge whether AOL overpaid in offering 1.5 shares ...
Gerald M. Levin (May 6, 1939 – March 13, 2024) was an American media businessman. Levin was involved in brokering the merger between AOL and Time Warner in 2000, at the height of the dot-com bubble, a merger which was ultimately disadvantageous to Time Warner and described as "the biggest train wreck in the history of corporate America."