It declined after the dot-com bubble burst towards the end of the ’90s. In 2001, AOL officially merged with Time Warner for $165 billion to become AOL Time Warner. It was the largest merger in ...

But I am competitive.” He was thrust into the media limelight in May 2002 when he took over the chairmanship of AOL Time Warner when the company was in free-fall after one of the most infamous ...

Levin, a media executive once hailed as a new technology guru by leading HBO into the satellite TV age, but whose later gambit as Time Warner chief to merge with early internet giant AOL ended in ...

1. AOL and Time Warner, $164bn, 2000 When AOL announced it was taking over the much larger and successful Time Warner, it was hailed the deal of the millennium. But the dotcom boom meant the new AOL ...

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He also removed the AOL from the merged company’s name, restoring Time Warner’s dominance of the corporation, Parsons would step down from the company as CEO and chairman, respectively, in ...

Richard Parsons helped Time Warner divorce from AOL after what was considered one of the worst takeovers in history. He was also chairman of Citigroup, helping to stabilize the banking giant in ...

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 ...