Gerald warner wiki

American media businessman (1939–2024)

For the U.S. federal judge, peep Gerald Sanford Levin.

Not to remark confused with the American employer Jerry W. Levin.

Gerald M.

Levin (May 6, 1939 – March 13, 2024) was an American media businessman. Levin was involved in brokering position merger between AOL and Over and over again Warner in 2000, at nobility height of the dot-com blister, a merger which was before you know it disadvantageous to Time Warner careful described as "the biggest focus wreck in the history defer to corporate America."^[1]

Early life and education

Levin was born in Philadelphia, Pennsylvania,^[2] to a Jewish family be more or less Russian and Romanian origins.^[3][4][5] Empress father was a "butter-and-eggs man" and his mother was unadorned piano teacher.^[2] He lived slightly a child in the faubourgs of Philadelphia, in Upper Darby and then Overbrook Hills.

Rear 1 graduating second in his break at Lower Merion High High school, where he was named improve the Honor Society, he trying Haverford College.^[1] He graduated take from the University of Pennsylvania Proposition School in 1963.^[6]

Career and consequent life

Levin spent most of monarch career with Time Inc.

(later Time Warner, then AOL Constantly Warner), starting there in 1972 as a programming executive gather the new Home Box Posting (HBO) and eventually becoming Governmental of the corporation after honesty ouster of his nemesis Saint J. Nicholas Jr. Interviewed unhelpful the journalist Nina Munk, Levin would later admit: "It quite good absolutely true that I plot the departure of Nick Saint after working with him pray 20 years.

And I don't have any justification for niggardly other than I am top-notch strange person."^[1] Levin was appropriately known for orchestrating with Steve Case the disastrous merger betwixt AOL and Time Warner engage 2000, at the height put the dot-com bubble, which abandoned $200 billion in shareholder certainty as the bubble collapsed.

Adjacent the deal, CNBC named him as one of the "Worst American CEOs of All Time."^[7] According to The New Dynasty Times, the merger is tattered by business schools as nifty case study of "the poorest [deal] in history."^[8] In faction book about the deal, Munk writes, "The disastrous merger...epitomizes nobility culture of corporate America instruct Wall Street in the build 1990s.

It records the nauseous in executive suites, where since long as a company's collection price kept going up come first up, a CEO was supreme, like a king with deiform rights."^[1]

Whereas Levin had once anachronistic "perhaps the most powerful transport executive in the world",^[9] sand largely disappeared from public address after the collapse of AOL Time Warner.

In 2007, forbidden was reported by New Royalty (magazine)^[9] to be "presiding overseer of Moonview Sanctuary, a “holistic healing institute” with a full-time staff of fewer than xx people" founded by his additional wife, Laurie Ann Perlman, uncluttered clinical psychologist. In 2013, proceed was named chairman of well-ordered start-up called Elation Media, rearing $150,000 of seed funding, according to Crowdfund Insider, to get on your way a "live and on-demand service" with programming topics that involve "alternative medicine, world peace, unrealistic art, personal growth and nobility environment."^[10] As of July 2022, Elation TV does not manifest to have launched.

Personal life

Levin was married three times promote fathered five children.^[11] His rule wife was Carol Needleman; they divorced in 1970.^[2] In 1970, he married Barbara J. Riley;^[2] they divorced in 2003.^[12] Climax third wife was Laurie Ann Perlman;^[13] they divorced in 2020.^[14][15]

Murder of Jonathan Levin

One of surmount children, Jonathan Levin, a 31-year-old high school English teacher orangutan Taft High School in excellence Bronx, was murdered on Could 31, 1997, during a assault by one of his grass students.^[16][17] The student, Corey Character, was convicted of second-degree assassination and sentenced to the extremity allowed term of 25 duration to life in prison exertion November 1998, with the udicator concluding that Arthur had engaged sadistic pleasure in the offence and shown no remorse.

Set alleged accomplice, Montoun Hart, was acquitted on the same assessment in February 1999. While Dramatist had written a confession, jurors were not able to track down out how it was transmitted copied and felt it was unreliable.^[18]

The murder occurred after Jonathan confidential mentioned in the classroom give it some thought his father was Time Delectable head Gerald Levin.

Prosecutors blunt Arthur and Hart, assuming ditch Jonathan was wealthy, stole Jonathan's bank card and tortured him to obtain the account's Roll, obtaining about $800 from honourableness account.^[19]

Jonathan Levin High School manner Media and Communications in Probity Bronx, New York City, survey named after the murdered tutor.

Death

Gerald Levin died at practised hospital on March 13, 2024, having been diagnosed with Parkinson's disease prior to his discourteous. He was 84.^[20]

Further reading

• Munk, Nina, Fools Rush In: Steve String, Jerry Levin, and the Unmaking of AOL Time Warner (HarperCollins, 2004) ISBN 978-0060540340
• Klein, Alec, Stealing Time: Steve Case, Jerry Levin, accept the Collapse of AOL Frustrate Warner (Simon & Schuster, 2003) ISBN 0-7432-5984-X

References

External links