Member Area
You are here: Home arrow News arrow Parsons May Break Up Time Warner, After All
Parsons May Break Up Time Warner, After All

Two years after winning his battle with corporate raider Carl Icahn, who had called for the break-up of Time Warner into four separate companies -- cable, Internet, publishing and movies/TV -- Time Warner Chairman and CEO Richard Parsons said Tuesday that he may now be looking favorably on such a break-up himself. Speaking to a Goldman-Sachs investors' conference in New York, Parsons said that Icahn's argument "may have more resonance now, and we are evaluating that argument again. One reason we haven't jumped onto it is we're just now in a zone where we can take a serious look at it." Parsons also announced Tuesday that he was in the process of "passing the baton" to Time Warner president and COO Jeff Bewkes. Parsons' contract runs out on May 31.

ImageDuis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat, vel illum dolore eu feugiat nulla facilisis at vero eros et accumsan et iusto odio dignissim qui blandit praesent luptatum zzril delenit augue duis dolore te feugait nulla facilisi. Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat.



 

Coming Soon

  1. Get Smart
  2. The Love Guru
  3. Kit Kittredge: An American Girl
  4. Brick Lane
  5. WALL-E
  6. Wanted
  7. Finding Amanda
  8. Gunnin' for That #1 Spot
  9. Trumbo
  10. Hancock
  11. The Wackness
  12. Hellboy II: The Golden Army
  13. Journey to the Center of the Earth
  14. Meet Dave
  15. Garden Party
  16. Mamma Mia!

Box Office

1 Kung Fu Panda (2008)   
2 You Don't Mess with the Zohan (2008)   
3 Indiana Jones and the Kingdom of the Crystal Skull (2008)   
4 Sex and the City (2008)   
5 The Strangers (2008)   
6 Iron Man (2008)   
7 The Chronicles of Narnia: Prince Caspian (2008)   
8 What Happens in Vegas... (2008)   
9 Baby Mama (2008)   
10 Made of Honor (2008)