It declined after the dot-com bubble burst towards the end of the ’90s. In 2001, AOL officially merged with Time Warner for $165 billion to become AOL Time Warner. It was the largest merger in ...

Richard Parsons, a former Time Warner CEO who was also instrumental in saving New York's Apollo Theater, died Thursday in ...

Richard Parsons, who presided over Time Warner as CEO from 2002-2007 as the media conglomerate was recovering from the epic fail of the AOL merger and who later became interim chairman of CBS to ...

Parsons was known as a skilled negotiator, a diplomat and a crisis manager. Although he was with Time Warner through its difficulties with AOL, he earned respect for the company and rebuilt its ...

But I am competitive.” He was thrust into the media limelight in May 2002 when he took over the chairmanship of AOL Time Warner when the company was in free-fall after one of the most infamous ...

Richard D. Parsons, a pioneering Black business executive who led Time Warner after its disastrous merger with AOL and had a hand in untangling some of the media industry’s knottiest dilemmas ...

Richard Parsons helped Time Warner divorce from AOL after what was considered one of the worst takeovers in history. He was also chairman of Citigroup, helping to stabilize the banking giant in ...