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Keyword: dickparsons

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  • AOL founder leaves Time Warner

    10/31/2005 7:11:23 AM PST · by blueberry12 · 1 replies · 398+ views
    CNN/Money ^ | October 31, 2005
    Steve Case resigns from board to devote more time to his new company, Revolution. NEW YORK (Reuters) - Steve Case, the founder of AOL, Monday said he has resigned from the board of Time Warner Inc. ending a painful chapter in the history of the world's largest media company. Case was one of the original architects of the merger of AOL and Time Warner (Research), which helped erase more than $200 billion in shareholder value from the stock. "On behalf of Time Warner's Board of Directors and senior management team, I thank Steve Case for his years of distinguished service...
  • Time Warner's Parsons Out (Dinosaur Media DeathWatch™)

    11/05/2007 1:49:11 PM PST · by abb · 10 replies · 101+ views
    TheStreet.com ^ | Nat Worden
    Dick Parsons is on the way out -- officially. Time Warner (TWX) , the world's largest media conglomerate, on Monday confirmed widespread speculation that Jeff Bewkes will take the reins from Parsons as CEO. The move is effective at the end of the year. Parsons will remain chairman of the company. The ascension of Bewkes, Time Warner's president and chief operating officer, to CEO has long been expected, but the timing was unclear. In recent weeks, speculation has heated up that the change would be in the near future. "Today's decision is the culmination of a thoughtful and disciplined process...
  • Book Review: "Media Man" by Ken Auletta -- From Network to Nowhere (Ted Turner)

    10/21/2004 2:14:54 PM PDT · by OESY · 5 replies · 549+ views
    Wall Street Journal ^ | October 21, 2004 | NOAH OPPENHEIM
    While Ted Turner was in college, his father wrote him a letter that concluded: "I think you are rapidly becoming a jackass." Anyone who has watched the eccentric billionaire over the years might be inclined to admire Dad's prescience.... Far from self-made, Mr. Turner inherited a large billboard business when his father, with whom he had a troubled relationship, committed suicide.... He had been less lucky in 1985 when, without consulting his board, he bought MGM for $1.5 billion. He overpaid and was drowning in debt. Three months later he sold the studio back at a discount. More damaging, he...
  • CNN Chairman Parsons Takes Shot at Fox

    08/07/2004 8:59:16 AM PDT · by Che Chihuahua · 49 replies · 1,056+ views
    Parsons Takes Shot at FoxBy John Eggerton -- Broadcasting & Cable, 8/6/2004 2:22:00 PM Time Warner Inc. chairman Dick Parsons Friday described Fox News Channel as "crazy people exchanging views," telling a group of minority journalists in Washington he felt that the channel and his own Cable News Network are two different services. When asked by Univision Anchor Jorge Ramos why CNN was losing the ratings battle with Fox, he was not ready to concede that. He said that Fox was more like talk radio on TV, which meant that its viewers stayed longer because people tended to "come and...
  • Time Warner Chairman: Fox News Channel..."crazy people exchanging views"

    08/07/2004 4:45:59 AM PDT · by Wondervixen · 19 replies · 1,110+ views
    Broadcasting & Cable ^ | 8/6/2004 | John Eggerton
    Time Warner Inc. chairman Dick Parsons Friday described Fox News Channel as "crazy people exchanging views," telling a group of minority journalists in Washington he felt that the channel and his own Cable News Network are two different services. http://www.broadcastingcable.com/CA443471.html
  • Freep Time Warner Dick Parsons

    08/07/2004 5:23:57 AM PDT · by tom paine 2 · 8 replies · 482+ views
    Mr. Dick Parsons has referred to FOX News as crazy people exchanging views. Let's Freep his company with some e-mails to investor relations. Send Freep-mail to www.ir@timewarner.com
  • Parsons Takes Shot at Fox

    08/06/2004 6:03:31 PM PDT · by NotchJohnson · 14 replies · 506+ views
    Broadcasting and Cable ^ | 8/6/04 | John Eggerton
    By John Eggerton -- Broadcasting & Cable, 8/6/2004 2:22:00 PM Time Warner Inc. chairman Dick Parsons Friday described Fox News Channel as "crazy people exchanging views," telling a group of minority journalists in Washington he felt that the channel and his own Cable News Network are two different services. When asked by Univision Anchor Jorge Ramos why CNN was losing the ratings battle with Fox, he was not ready to concede that. He said that Fox was more like talk radio on TV, which meant that its viewers stayed longer because people tended to "come and sit down for an...
  • TIMEWARNERCNN CHAIR BLASTS FOXNEWS: 'Crazy people exchanging views'... [Hilarious Drudge Photo]

    08/06/2004 12:44:44 PM PDT · by joey9004 · 27 replies · 1,893+ views
    Drudge Report ^ | 8/6/04 | Matt Drudge
    Time Warner Inc. chairman Dick Parsons Friday described Fox News Channel as "crazy people exchanging views," telling a group of minority journalists in Washington he felt that the channel and his own Cable News Network are two different services. When asked by Univision Anchor Jorge Ramos why CNN was losing the ratings battle with Fox, he was not ready to concede that. He said that Fox was more like talk radio on TV, which meant that its viewers stayed longer because people tended to "come and sit down for an hour or two and listen to crazy people exchange views."...
  • AOL shareholders revolt- Annual meeting marked by dismay over failures

    05/17/2003 1:10:59 AM PDT · by kattracks · 1 replies · 210+ views
    New York Daily News ^ | 5/17/03 | PHYLLIS FURMAN
    LANSDOWNE, Va - Fed-up shareholders of AOL Time Warner gave Steve Case and his cronies a big thumbs-down yesterday - withholding votes to reelect them to the board at the company's annual meeting here yesterday. While Case and the entire slate of directors were reelected, investors voiced their anger by giving Case's pal, former America Online exec Miles Gilburne, the lowest vote tally - just 65%. Case got 78% of the votes, far less than AOL Time Warner CEO Dick Parsons, who received a near-unanimous backing from shareholders. It was a clear sign that investors place much of the blame...