• The cover of Vanity Fair's February issue will likely turn plenty of heads: It features a barechested Tiger Woods pumping iron. The photo by Annie Leibovitz was taken before the Woods sex scandal unfolded, however. [VF]
• Is New York Post editor Col Allan retiring? That's the rumor, although Allan says it's just…
Pay Cuts, Quarterly Losses & Other Happy News
• The New York Times Co. has reached a "tentative agreement" with its union to impose a 5 percent pay cut on employees through the end of the year. [NYP]
• Disney's ABC is joining Fox and NBC and taking a stake in Hulu. [AdAge]
• As expected, Time Warner said it may spin off AOL. But it may end up selling it, too.…
Jerry Levin Has the Cure to Your Problems
Jerry Levin will go down in history as the man who presided over one of the most misguided mergers in history, the combination of Time Warner and AOL in 2000. Levin left the company in 2002 and later settled in California with his second wife, Laurie Ann, the founder of Moonview Sanctuary, a center that specializes…
Media Bubble: Trees Falling in the Forest
Media Bubble: Judy Miller Grows Nostalgic for Prison
• The Times's silence on Judy Miller has become absurd. [CJR]
• Even public editor Barney Calame doesn't understand why the silence continues. Which might just put an end to it — after all, this is the man who ultimately got Geraldo his correction. [NYTimes.com]
• But the Times's op-ed columnists, at least, all have…
AOL/TW execs accused of insider trading
Two institutional shareholders have accused AOL/Time Warner Chairman Steve Case of insider trading in a related lawsuit. Also named were Vice Chairman Ted Turner, Chief Executive Officer Richard Parsons, former CEO Gerald Levin, and former Chief Operating Officer Bob Pittman. This is so...*yawn*....surprising.
Time…
AOL/TW on the big screen
Vanity Fair's Nina Munk is following the AOL/TW saga in preparation for a book. If it's optioned for film, Munk's casting choices are as follows: "Peter Gallagher as Bob Pittman; Burt Reynolds as Ted Turner; Dustin Hoffman as Gerald Levin; James Earl Jones as Richard Parsons; and either Michael Douglas or Kiefer…
Levin gets a divorce
What can we say, it's AOL/TW day at Gawker. Levin is everywhere; Case is everywhere. We have to.
The big heist: AOL/TW
CNBC's documentary on the AOL/Time Warner merger, titled "The Big Heist," is one big lesson in C-level schadenfreude. The big media big boys Sumner Redstone, John Malone, Michael Eisner, etc., can barely contain their glee as they talk about The Deal They Didn't Do. Levin is ultimately exhonerated for being an…
AOL/TW Documentary
A new CNBC documentary observes the predatory AOL/TW executive in its native environment. Watch as Steve Case stalks his prey and goes in for the kill, leaving the mangled career of Gerald Levin dead on the ground (floor).
[Atlanta Journal-Constitution via IWantMedia]
