"Former Time Warner CEO Gerald Levin Dies at 84"

1 min read
Source: The Associated Press
"Former Time Warner CEO Gerald Levin Dies at 84"
Photo: The Associated Press
TL;DR Summary

Gerald Levin, the former CEO of Time Warner, has passed away at the age of 84. He led the company into a disastrous $182 billion merger with AOL in 2000, which ultimately led to significant financial losses. Levin, who had been diagnosed with Parkinson’s disease, was known for his earlier successes at Time Warner, particularly in the cable television industry. After the failed merger, he resigned in 2002, and the company eventually dropped "AOL" from its name and spun it off as a separate entity.

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