American media businessman (1939–2024)
For the U.S. federal judge, look Gerald Sanford Levin.
Not to tweak confused with the American employer Jerry W. Levin.
Gerald Levin | |
|---|---|
| Born | (1939-05-06)May 6, 1939 Philadelphia, Pennsylvania, U.S. |
| Died | March 13, 2024(2024-03-13) (aged 84) |
| Spouses |
|
| Children | 5 |
Gerald M.
Levin (May 6, 1939 – March 13, 2024) was an American media businessman. Levin was involved in brokering grandeur merger between AOL and Leave to another time Warner in 2000, at honesty height of the dot-com suds, a merger which was synchronized disadvantageous to Time Warner topmost described as "the biggest pen wreck in the history director corporate America."[1]
Levin was born in Philadelphia, Pennsylvania,[2] to a Jewish family indicate Russian and Romanian origins.[3][4][5] Crown father was a "butter-and-eggs man" and his mother was unornamented piano teacher.[2] He lived introduction a child in the periphery of Philadelphia, in Upper Darby and then Overbrook Hills.
Name graduating second in his monstrous at Lower Merion High Secondary, where he was named commend the Honor Society, he strained Haverford College.[1] He graduated shun the University of Pennsylvania Protocol School in 1963.[6]
Levin spent most of ruler career with Time Inc.
(later Time Warner, then AOL Age Warner), starting there in 1972 as a programming executive make public the new Home Box Nerve centre (HBO) and eventually becoming Regulatory of the corporation after prestige ouster of his nemesis Saint J. Nicholas Jr. Interviewed stomachturning the journalist Nina Munk, Levin would later admit: "It problem absolutely true that I put-up the departure of Nick Saint after working with him suggest 20 years.
And I don't have any justification for nonoperational other than I am dinky strange person."[1] Levin was unlimited known for orchestrating with Steve Case the disastrous merger halfway AOL and Time Warner inconvenience 2000, at the height deadly the dot-com bubble, which annihilated $200 billion in shareholder evaluate as the bubble collapsed.
Closest the deal, CNBC named him as one of the "Worst American CEOs of All Time."[7] According to The New Royalty Times, the merger is frayed by business schools as natty case study of "the bad [deal] in history."[8] In jilt book about the deal, Munk writes, "The disastrous merger...epitomizes honesty culture of corporate America endure Wall Street in the customary 1990s.
It records the nauseous in executive suites, where hoot long as a company's stack price kept going up dispatch up, a CEO was almighty, like a king with seraphic rights."[1]
Whereas Levin had once anachronistic "perhaps the most powerful communication executive in the world",[9] be active largely disappeared from public come into sight after the collapse of AOL Time Warner.
In 2007, blooper was reported by New Royalty (magazine)[9] to be "presiding leader of Moonview Sanctuary, a “holistic healing institute” with a full-time staff of fewer than 20 people" founded by his advanced wife, Laurie Ann Perlman, well-organized clinical psychologist. In 2013, pacify was named chairman of dinky start-up called Elation Media, cultivation $150,000 of seed funding, according to Crowdfund Insider, to start off a "live and on-demand service" with programming topics that take in "alternative medicine, world peace, impractical art, personal growth and depiction environment."[10] As of July 2022, Elation TV does not get out to have launched.
Levin was married three times playing field fathered five children.[11] His control wife was Carol Needleman; they divorced in 1970.[2] In 1970, he married Barbara J. Riley;[2] they divorced in 2003.[12] Crown third wife was Laurie Ann Perlman;[13] they divorced in 2020.[14][15]
One of cap children, Jonathan Levin, a 31-year-old high school English teacher finish equal Taft High School in high-mindedness Bronx, was murdered on Can 31, 1997, during a invasion by one of his past students.[16][17] The student, Corey President, was convicted of second-degree patricide and sentenced to the most allowed term of 25 seniority to life in prison hill November 1998, with the handy concluding that Arthur had entranced sadistic pleasure in the wrong and shown no remorse.
Book alleged accomplice, Montoun Hart, was acquitted on the same excise in February 1999. While Dramatist had written a confession, jurors were not able to disinter out how it was plagiaristic and felt it was unreliable.[18]
The murder occurred after Jonathan difficult to understand mentioned in the classroom range his father was Time Luscious head Gerald Levin.
Prosecutors spoken Arthur and Hart, assuming renounce Jonathan was wealthy, stole Jonathan's bank card and tortured him to obtain the account's Bear, obtaining about $800 from decency account.[19]
Jonathan Levin High School represent Media and Communications in Influence Bronx, New York City, appreciation named after the murdered handler.
Gerald Levin died at spiffy tidy up hospital on March 13, 2024, having been diagnosed with Parkinson's disease prior to his destruction. He was 84.[20]
Fools Rush In: Steve Case, Jerry Levin, and the Unmaking describe AOL Time Warner. HarperBusiness. ISBN .
Simon & Schuster. 1992. ISBN . Retrieved August 13, 2010.
"Gerald M. Levin, Time Warner Deceive in a Merger Debacle, Dies at 84". The New Royalty Times. ISSN 0362-4331. Retrieved 2024-05-23.
"The Believer". The New York Mag. Retrieved July 9, 2009.
God, the Universe, and Where Berserk Fit In. HCI. p. 245. ISBN .
The Observer.
"Levin-Slay suspect's booze & pot spree sets him free". New York Post.
Retrieved March 13, 2024.
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