NY Observer > Time Warner Inc.

Report: Parsons to Step Down from Time Warner in 2009

Matt Haber — Fri, 16 May 2008 14:40:01 -0400

According to Reuters, Richard Parsons, Time Warner's chairman, is planning to step down in 2009. "This is my last shot at this," Parsons is quoted as saying during a shareholders meeting. "I will be the outgoing chairman after this year, probably."

Get ready for journalists to start another round of the "Richard Parsons, future New York City mayoral candidate" meme.

Flashback: AOL-Time Warner's New Chief, Richard Parsons, Makes His Social Debut, December 23, 2001.

Is Time Warner CEO on the Way Out?

Observer Staff — Fri, 26 Oct 2007 15:39:31 -0400

The Times of London reported today that Richard Parsons, the CEO of Time Warner Inc., could step down as early as next week, to be replaced by Time Warner president Jeff Bewkes.

Mr Bewkes has long been since as Mr. Parsons' heir apparent, and is considered more likely to shake up the company by, for instance, selling off the struggling AOL, which recently announced plans to lay off aorund 2000 employees.

Time Warner has denied the report, calling it "a rumor". We've put our own call in to the media conglomerate, and will update if we hear anything.

Forget 'You've Got Mail'—AOL's Move All About the Ads

John Koblin — Mon, 17 Sep 2007 18:51:02 -0400

AOL announced yesterday that the company is moving its corporate headquarters from a suburban campus in Dulles, Va. to 770 Broadway at Astor Place.

AOL spokesperson Anne Bentley said the move reflects a shift in AOL's priorities from its email, IM and internet access business focus to becoming a major player in the advertising industry.

“We’re putting the advertising network at the front and center now,” she said. read more »

Sold! ‘Money Honey,’ Hubby Buy $6.5 M. East Side Townhouse

Max Abelson — Sun, 15 Apr 2007 20:00:00 -0400

Despite her salacious scandal earlier this year, CNBC’s top anchor, Maria (the “Money Ho read more »

Supermarket Guy Wades Into Local G.O.P.

Azi Paybarah — Sun, 08 Apr 2007 20:00:00 -0400

Supermarket magnate John Catsimatidis thinks he’s figured out how to make himself Mayor in 200 read more »

Big Yin Buys Big Apartment for $3.85 M.

Max Abelson — Sun, 01 Apr 2007 20:00:00 -0400

Despite his illustriously shaggy hair and dirty mouth, sexagenarian Scottish comedian Billy Connolly read more »

Time Inc. Shutters LIFE

Observer Staff — Mon, 26 Mar 2007 07:07:07 -0400

Today, Time Inc. announced the closure of LIFE magazine, the thin Parade-like weekly newspaper supplement. The company will continue the LIFE brand online, and in books.

Full release afer the jump read more »

Bronx Boss Laughs Off the Competition

Azi Paybarah — Sun, 18 Feb 2007 19:00:00 -0500

Bronx Borough President Adolfo Carrión thinks a lot about the year 2009. read more »

Ask the Council Candidates

Observer Staff — Thu, 15 Feb 2007 05:00:00 -0500

Journalists Sam Tait, Tony Best and I are going to moderate a televised forum for candidates in the special election to fill the City Council seat in Brooklyn that was recently vacated by Representative Yvette Clarke.

It'll air tonight between 7:30 to 8:30 p.m. on Time Warner channel 56, and on CableVision channel 69 in Brooklyn.

The candidates in the race are Mathieu Eugene, Jesse Hamilton, Wellington Sharpe, Jennifer James, Moe Razvi, Harry Schiffman, Zenobia McNally, Joel Toney, Karlene Gordon, and Leithland Tulloch.

What should we ask them?

-- Azi Paybarah