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When Levin died on March 13, though, obituaries primarily remembered him for his central role in the “worst merger in corporate history”: The $350 billion AOL-Time Warner deal, which served as ...
Richard D. Parsons, a pioneering Black business executive who led Time Warner after its disastrous merger with AOL and had a hand in untangling some of the media industry’s knottiest dilemmas ...
Hot on the heels of its failed merger with Time Warner Cable, Comcast is taking a different approach to bolster its business. Hot on the heels of its failed merger with Time Warner Cable, Comcast ...
Parsons was widely credited with the turnaround of Time Warner after its botched $165 billion merger with AOL, CNN reported. With Parsons as CEO, Time Warner slashed its debt by roughly half as it ...
In many ways, Xandr was the fulcrum of the AT&T/Time Warner merger. The idea was that AT&T could combine its scale and customer data with Time Warner’s content to supercharge the value of its TV ...
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."
After the merger, creating AOL Time Warner, factors like the dot-com recession greatly affected the company, leading to a historic $100 billion write-down. Levin resigned in 2002.
He was widely credited for Time Warner’s stunning turnaround after a botched $165 billion merger with AOL, the web portal ubiquitous in the early days of the internet.