Industry Moves: Bewkes Takes Over As Time Warner Chairman As Parsons Moves Out
PaidContent Dec 11 08
A much expected move has happened: Richard Parsons, the former CEO of Time Warner (NYSE: TWX), is now stepping down as the Chairman of the company board, and current CEO Jeff Bewkes will take over, starting Jan 1 next year. Bewkes took over from Parsons as CEO in January this year. The biggest media company in the world has seen many changes since then: it is spinning off Time Warner Cable (NYSE: TWC), has merged New Line Cinema and closed Picturehouse and Warner Independent Pictures, and its unit Time Inc recently announced laying off 600 of its employees.
This chairman change was all but decided when BEwkes took over, as he had a clause in his contract allowing him to resign if he wasn't named chairman within a year, as WSJ points out. Full story...
More stories from paidcontent »
PaidContent Quick Hits 11.20.09
PaidContent 5 hours ago
» Five ex-Googlers are putting working full time on what they hope will be the next big thing, Brizzly.
SEC Watch: New DirecTV CEO Could Make $35.5 Million (And Then Some)
PaidContent 6 hours ago
Michael White, the PepsiCo vet who takes over as president and CEO of DirecTV (NYSE: DTV) Jan.
Sony, B&N's Kindle-Challengers Could Be Scarce Come Christmas
PaidContent 6 hours ago
Sony and Barnes & Noble may be launching two of the most high-profile challengers to Amazon’s Kindle, but supply chain challenges could keep both companies from denting Kindle’s popularity this holiday season.
Facebook, Zynga Face Class-Action Suit Over Offer-Based Ads
PaidContent 6 hours ago
Offer-based ads seemed to be the secret to monetizing social games—and social network users, in general—that standard banner ads couldn’t provide.
Times Publishing Sells Governing Magazine To e.Republic
PaidContent 7 hours ago
Times Publishing Co. has sold Governing magazine to e.Republic, a publisher of titles focused on state and local government and education.
SEC Watch: Skype By The Numbers
PaidContent 8 hours ago
The morning-after paperwork from eBay (NSDQ: EBAY) as control of Skype shifts to a private investment group led by Silver Lake Partners offers a look at the post-split financials for both companies—and the kind of detail on Skype we aren’t likely to see much of now that it’s no longer majority owned by a public company.
Daily Beast Taps Former CNET, Dennis Publishing Exec Colvin As President
PaidContent 8 hours ago
The Daily Beast has named publishing vet Stephen Colvin as the site’s first president.
NAA: Q3 Was Worst Quarter For Online Newspaper Ad Revenues; Print Ad Spend Starting To Thaw?
PaidContent 9 hours ago
Newspaper websites’ ad revenue got progressively worse in Q3, as the declines reached nearly 17 percent to $623 million, according to the latest Newspaper Association of America stats.
Online Marketing/Media Firm Quinstreet Files for $250 Million IPO
PaidContent 9 hours ago
Quinstreet, the Foster City, CA-based vertical media and marketing firm that recently bought Insure.
A Business Model For TV Everywhere
PaidContent 11 hours ago
Adam Cahan is the CEO of Auditude, a Palo Alto, Calif.-based technology company that provides an ad platform for video management and monetization.
Popular Tags »»
account director account manager role apple bens blueprint bonus cia competence delivery manager digital communications agency droid east london engadget england gadget gadgets global brand google gurus iphone jobs launch london london england lookout mediaedge cia microsoft mobile motorola new business norton nup nwe salary search account seo social media sr user tdms traditional marketing twitter unprecedented growth user experience web developer west end entertainmentMost read today »
Most read this week »
What's New on TechNews.AM
