Gawker
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scandals
Dick Parsons Secret Love Child!
Richard 'Dick' Parsons is fallible, after all! The (married) former Time Warner boss and most popular black man in corporate America after Vernon Jordan has a (formerly) secret love child, with a much younger model:
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Comment by blogissuchanuglyword: It seems like "model" is a term which is thrown around very loosely the last few years. Attention attractive people:... 4 Responses | Other threads
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race relations
Black People Cleaning Up White Guys' Messy Citi
In good times, white dudes like Sandy Weill, Charles Prince, and Bob Rubin ran Citigroup. Now that the world's most tentacular megabank is running aground, who's working the buckets? People of color. More »
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By Owen ThomasComment by Carmine A Ramdeer: Incompetence is color blind. Just look at Stanley O'Neal who was one of a group of people directly responsible for bankrupting... 5 Responses | Other threads
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gossip roundup
Rihanna's Facial Injuries 'Horrific'
The brutal Rihanna-Chris Brown spectacle got somehow worse, as did Miley Cyrus' racism scandal and the gossip about Gwyneth Paltrow's marriage. Must be Tuesday. More »
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By Ryan TateComment by resipsaloquacious: I know this is about to get me banned, but if (and this is a HUGE if, given the source)... 48 Responses | Other threads
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gossip roundup
Patrick Swayze Gives Up On Treatment, Reportedly
Supposedly, nothing more can be done for Patrick Swayze. More »
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By Ryan TateComment by noUpside: poor Patrick Swayze...he's handled his ordeal with such grace and strength. it's impossible to be snarky with that sad... 4 Responses | Other threads
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richard parsons
Time Warner Chief Doesn't Want To Be Mayor
"Whatever I do next—and it very well could be in public service— I want to be passionate about it. " [NY Mag]
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By Ryan TateComment by RonMwangaguhunga: If only Dick Parsons cared about us New Yorkers as he did about his Brunello di Montalcino Riserva. Perhaps we... more » | Other threads
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By Nick DentonComment by alec_baldwin: Can't have too many. We're about to get a black--well, half black--president. more » | Other threads
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yahoo raid
Will Carl Icahn crash Yahoo?
In explaining Carl Icahn's raid on Yahoo, pundits bring up his efforts to shake up tech and media giants like Motorola and Time Warner. But I think there's a better analogy in Icahn's past: TWA. Icahn's attempt to gain a board seat or broker a new deal to sell Yahoo to Microsoft will not send Yahoo soaring; if left unchecked, he will run Yahoo into the ground as surely as he did that troubled airline. Icahn's bid, and the support it is drawing from large Yahoo investors, seems premised on the notion that he can bring Microsoft and Yahoo back to the bargaining table. That seems unlikely. More » -
exits
Time Warner CEO next AOL layoff victim?
Add one more to the AOL body count. At AOL's parent company, Time Warner, CEO Richard Parsons will soon resign, according to reports of a board meeting in London last week. But we all know it's not official till there's a drunken layoff-victim email. The axe drops after Parsons led Time Warner through five years of stagnant growth. His problem, according to some, was a sentimental attachment to the failed AOL-Time Warner union. Parsons's reported replacement, current Time Warner president Jeff Bewkes is not considered so sentimental. His ascension would increase the likelihood of an AOL spinoff or sale. We say Parsons isn't allowed to go till he makes his own French music video. (Photo by AP/Stephen J. Carrera) -
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time warner ceo richard parsons to retire in a year or so
He'll hand over the reins to Jeff Bewkes sometime in 2008, which should leave plenty of time for, oh, say, running for mayor. [MediaPost] -
media
Media Bubble: Mika Salmi Works at MTV
- Mika Salmi, the new head of MTV (Global Digital Media) will be an "enabler," helping MTV's various websites work better together. [NYP] More »
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media
Media Bubble: Dick Parsons Pissing On Chad Hurley's Parade
• Dick Parsons to GooTube: "Good luck. Also, we're going to sue your socks right off your ass." [Guardian] More »
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By abalk2Comment by SecureLocation: "Are you the magazine's finiest writer?" The fuck!? Jon Friedman, if you don't voluntarily retire like your CBS pal Dan... more » | Other threads
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steve case
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. More » -
googlism
Fun with Googlism
We've seen this before, but someone just re-alerted us, and yet again, we couldn't resist. (Find out what Google thinks of you by typing your name into the "Googlism" box.) More » -
michael musto
Gossip roundup
· Michael Musto wants Patricia Field's tight, tight jeans, if she throws in the KY jelly. [Musto] More » -
vanity fair
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 Sutherland (with his hair darkened, presumably) as Steve Case." More » -
time warner
Media musical chairs
AOL Time Warner is trying to lure Mel Karmazin from Viacom. It's an unsourced report in the Post, but the story has a certain logic. Karmazin's credited for shoring up Viacom's ad sales; the company is in better shape than most other media conglomerates. Sumner Redstone, the eternal CEO of Viacom, shows no desire to reward him with promotion. Richard Parsons, CEO of Time Warner, is too warm and cuddly for his current role, but might make a good chairman now that Steve Case has resigned. Which would leave the way clear for Karmazin to take over as Time Warner's chief executive. More » -
michael wolff
Mogul murder
Michael Wolff asks, "what happens when all the big media moguls die?" Wolff speculates that the big consolidation moves that have been accelerating over the last few years will die off with their advocates. "No more complicated deals," vows AOL/TW CEO, Richard Parsons. It's a nice thought, but CEOs of public companies vowing "no more complicated deals" is like Wall Street vowing "no more greed." As long as the possibility exists—however remote—that one's company could potentially be stronger, grab significant market share, or simply make more money by doing an acquisition, the M&A temptation will remain. And let's be realistic. At the Fortune 500 level, every deal is complicated. More » -
time warner
Parsons suggests "Two Towers" will win Best Picture Oscar
AOL/TW chief, Richard Parsons, exhibiting no obvious signs of heavy narcotic use, suggests that The Two Towers is an Oscar contender in the Best Picture category. This must be another item on the "wishful thinking" list that includes "Steve Case, turnaround artist," and "Ted Turner develops permanent laryngitis." More » -
richard parsons
Parsons
Richard Parsons, embattled CEO of AOL Time Warner, opening the New York Philharmonic's free show in Central Park earlier this... More »
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