Richard Parsons, the executive dubbed “Captain Emergency” for his record of stabilizing ailing companies such as AOL Time Warner, Citigroup Inc. and Dime Savings Bank of New York, has died. He was 76.Parsons died on Thursday at his home in Manhattan. The cause of death was bone cancer, the New York Times reported, citing Ronald S. Lauder, a friend. Parsons was named chairman of CBS Corp. in September 2018 and resigned less than one month later, citing complications from multiple myeloma, a blood cancer.Parsons was named chief executive officer of AOL Time Warner in 2002 after the $124 billion merger of the dial-up internet provider and the largest entertainment and media company started to fall apart. Just before he took over, following the surprise departure of CEO Gerald Levin, the newly merged entity posted a record loss of $54.2 billion as the value of its stock sank amid the bursting of the dot-com bubble.“My biggest dream for this company is to restore it — to bring Time Warner back to the position that I think it once had and, even better than that, to make it the greatest company in the media and entertainment world,” said Parsons, who was named chairman in 2003.Parson, a tall Black man with a gentle management style who some compared to a teddy bear, removed AOL from the company’s name, changed key managers and shored up its finances by laying off employees and selling noncore units. Two years into his repair job, Fortune listed Parsons No. 23 on the Power 25,... Continue reading at 'Crains New York'
[ Crains New York | 2024-12-27 15:01:08 UTC ]
Rose McGowan, an actress who has been among those leading the charge against sexual harassment and assault in the film industry, will release a memoir in January. “Brave,” McGowan's first book, will be published Jan. 30 by Harper One, an imprint of Harper Collins, according to a news release from... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-11-06 00:00:00 UTC ]
More news stories like this
The famous photographer has been blacklisted following allegations of sexual harassment and assault. The post Condé Nast Bans Terry Richardson From Working With Its Magazines appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-10-24 00:00:00 UTC ]
More news stories like this
After reaching out to female professionals in book publishing inquiring about their experiences with sexual harassment and assault, 'PW' found that in spite of the book industry’s high percentage of female workers, publishing still has a significant sexual harassment problem. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-10-20 00:00:00 UTC ]
More news stories like this
Telecommunications giant AT&T has secured the blessing of Brazilian regulators for its $85-billion takeover of Time Warner Inc., moving the blockbuster deal closer to the finish line. The Dallas phone company on Wednesday said Brazil’s antitrust authority, the Conselho Administrativo de... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-10-19 00:00:00 UTC ]
More news stories like this
AT&T Chief Executive Randall Stephenson indicated that President Trump’s tensions with CNN should not factor into the federal government’s blessing of AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns the cable news network. “I don’t know what the relevance is of CNN... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-10-05 00:00:00 UTC ]
More news stories like this
Mashable is exploring strategic options including the sale of all or part of the online media company, according to people with knowledge of the matter.Mashable, founded in 2005, may draw interest from buyers in Europe and the U.S., said one of the people, who asked not to be identified... Continue reading at Advertising Age
[ Advertising Age | 2017-08-16 00:00:00 UTC ]
More news stories like this
A book co-written by John Doerr of Kleiner Perkins Caufield & Byers and BetterWorks Systems Inc. CEO Kris Duggan has been put on hold in the wake of a sexual harassment and assault lawsuit against Duggan. “We and the authors have agreed to defer publication of 'Measure What Matters' at the... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2017-07-18 00:00:00 UTC ]
More news stories like this
If you are worried your beach reads might be a little too easy this summer, Gates has some more heady suggestions for you. As one of the world’s top philanthropists, perhaps it makes sense that Bill Gates is treating beach reading like an intellectual cause: Each year, he offers up his list of... Continue reading at Fast Company
[ Fast Company | 2017-05-22 00:00:00 UTC ]
More news stories like this
Bill O’Reilly has just entered the Nose Pin Zone, where advertisers would have to clamp something over their nostrils in order to not smell the toxic publicity coming from his recent sexual harassment lawsuit revelations. It started with a months-in-the-works New York Times article on April 1,... Continue reading at Fast Company
[ Fast Company | 2017-04-10 00:00:00 UTC ]
More news stories like this
Uber Technologies President Jeff Jones is quitting after less than a year, amid multiple controversies engulfing the ride-hailing company.The scandals range from allegations of sexual harassment and a toxic work culture to the combative behavior of Chief Executive Officer Travis Kalanick. After... Continue reading at Advertising Age
[ Advertising Age | 2017-03-20 00:00:00 UTC ]
More news stories like this
Media ownership is being overhauled as companies try to figure out their place in a world where 85 percent of digital dollars are going to two companies: Facebook and Google. The platform giants' dominance were factors in AT&T's $85 billion bid for Time Warner and other mega deals that were... Continue reading at Digiday
[ Digiday | 2016-12-28 00:00:00 UTC ]
More news stories like this
Shares of AT&T Inc. and Time Warner Inc. were down Monday as investors didn’t appear thrilled by the proposed mega-merger announced over the weekend. In response to the $84.5-billion deal, Moody’s Investor Service said Monday it had placed AT&T’s credit rating on review for a possible... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-10-25 00:00:00 UTC ]
More news stories like this
Campaign 2016 updates: Donald Trump says Donald Trump says women accusing him 'will be sued after the election is over' Oct. 22, 2016, 11:42 a.m. Donald Trump hits the campaign trail in Gettysburg, Pa., while Hillary Clinton is in Philadelphia. Trump says of women accusers will be sued after the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-10-22 00:00:00 UTC ]
More news stories like this
Republican presidential nominee Donald Trump said Saturday that his administration would seek to block a massive media merger between AT&T and Time Warner Inc. if he is elected president. The deal, which appears to be imminent, would turn telephone giant AT&T, a company already valued at... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-10-22 00:00:00 UTC ]
More news stories like this
Jessica Kingsley Publishers will release a graphic novel about sexual harrassment, Take it as a Compliment by Maria Stoian, under its Singing Dragon imprint tomorrow. Continue reading at The Bookseller
[ The Bookseller | 2015-11-20 00:00:00 UTC ]
More news stories like this
Jimmy Carter let me down. Not with his book "A Full Life: Reflections at 90" - a warm and detailed memoir of his youth followed by a clear-eyed assessment of the issues he tackled as president and afterward - but with his response to the question "Does the arc of history bend toward justice?" Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-07-17 00:00:00 UTC ]
More news stories like this
The $4.4bn purchase by the US telecoms giant will help overcome the ad industry’s biggest problem Verizon buying AOL wasn’t the last deal we in agency land ever expected, but to most it’s come as a bit of a shock. It feels to me more like Apple buying Beats, than Comcast trying to merge with... Continue reading at The Guardian
[ The Guardian | 2015-05-14 00:00:00 UTC ]
More news stories like this
Don't expect Time Inc. to merge with any of its magazine rivals soon.Time Inc. CEO Joe Ripp told investors Thursday that no mergers would happen until at least June 2016, which is the two-year anniversary of Time Inc. spinning off from Time Warner."The safest thing is to wait two years," he... Continue reading at Advertising Age
[ Advertising Age | 2015-02-13 00:00:00 UTC ]
More news stories like this
Time Inc., the magazine publisher spun off of Time Warner Inc. last year, plunged in New York trading after its fourth-quarter results and 2015 forecast were worse than analysts expected. The shares... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2015-02-12 00:00:00 UTC ]
More news stories like this
Google and Facebook continued to pour millions of dollars into federal political lobbying in the third quarter in attempts to influence U.S. lawmakers and have legislation written in their favor.Google spent US$3.94 million between July and September while Facebook spent $2.45 million, according... Continue reading at PC World
[ PC World | 2014-10-22 00:00:00 UTC ]
More news stories like this