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Warner Media, LLC (doing business as WarnerMedia) was an American multinational mass media and entertainment conglomerate owned by AT&T. It was headquartered at the 30 Hudson Yards complex in New York City. It was established as Time Warner in 1990, following a merger between Time Inc. and Warner Communications.
Gerald Levin, who led Time Warner Media into a disastrous $182 billion merger with the internet provider America Online, died Wednesday at the age of 84, according to media reports. Levin had been ...
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."
He was latching on to what was, at the time, the conventional wisdom: The internet was the Next Big Thing, and legacy media companies like Time Warner couldn’t afford to miss out.
Levin was elected a Time board member in 1988, and played a crucial role in the company’s merger with Warner Communications. As Time Warner CEO, he handled the acquisition of Turner Broadcasting ...
In 2001, AOL merged with Time Warner to become AOL Time Warner. Due to the larger market capitalization of AOL, it gained ascendancy in the merger, with its executives largely displacing Time Warner's despite AOL's far smaller assets and revenues. AOL was spun off as its own independent company from Time Warner in 2009.
America Online CEO Stephen M. Case, left, and Time Warner CEO Gerald M. Levin listen to senators' opening statements during a hearing before the Senate Judiciary Committee on the merger of the two ...
Companies that were formerly owned by Time Warner (formerly Warner Communications, Time-Warner, AOL Time Warner and later, WarnerMedia), but were sold by the company before its merger with Discovery, Inc. as Warner Bros. Discovery. For companies sold or dissolved after 2022 under WBD ownership, see Category:Former Warner Bros. Discovery ...