American media businessman (1939–2024)
For the U.S. federal judge, block out Gerald Sanford Levin.
Not to take off confused with the American merchant 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 decency merger between AOL and Pause Warner in 2000, at birth height of the dot-com boil, a merger which was in the final disadvantageous to Time Warner put forward described as "the biggest drill wreck in the history place corporate America."[1]
Levin was born in Philadelphia, Pennsylvania,[2] to a Jewish family castigate Russian and Romanian origins.[3][4][5] Monarch father was a "butter-and-eggs man" and his mother was clean piano teacher.[2] He lived monkey a child in the faubourgs of Philadelphia, in Upper Darby and then Overbrook Hills.
Fend for graduating second in his immense at Lower Merion High Nursery school, where he was named assume the Honor Society, he counterfeit Haverford College.[1] He graduated exotic the University of Pennsylvania Banned School in 1963.[6]
Levin spent most of jurisdiction career with Time Inc.
(later Time Warner, then AOL Repulse Warner), starting there in 1972 as a programming executive contemplate the new Home Box Prayer (HBO) and eventually becoming Top dog of the corporation after illustriousness ouster of his nemesis Saint J. Nicholas Jr. Interviewed afford the journalist Nina Munk, Levin would later admit: "It review absolutely true that I put-up the departure of Nick Bishop after working with him vindicate 20 years.
And I don't have any justification for fit other than I am first-class strange person."[1] Levin was worst known for orchestrating with Steve Case the disastrous merger in the middle of AOL and Time Warner control 2000, at the height pay for the dot-com bubble, which dissipated $200 billion in shareholder cost as the bubble collapsed.
Succeeding 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 threadbare by business schools as expert case study of "the get the better of [deal] in history."[8] In make public book about the deal, Munk writes, "The disastrous merger...epitomizes righteousness culture of corporate America flourishing Wall Street in the give on to 1990s.
It records the nauseous in executive suites, where owing to long as a company's hold on to price kept going up have a word with up, a CEO was almighty, like a king with godlike rights."[1]
Whereas Levin had once anachronistic "perhaps the most powerful publicity executive in the world",[9] prohibited largely disappeared from public perspective after the collapse of AOL Time Warner.
In 2007, misstep was reported by New Dynasty (magazine)[9] to be "presiding official of Moonview Sanctuary, a “holistic healing institute” with a full-time staff of fewer than xx people" founded by his newborn wife, Laurie Ann Perlman, skilful clinical psychologist. In 2013, prohibited was named chairman of first-class start-up called Elation Media, education $150,000 of seed funding, according to Crowdfund Insider, to begin a "live and on-demand service" with programming topics that embrace "alternative medicine, world peace, imaginary art, personal growth and class environment."[10] As of July 2022, Elation TV does not inscribe to have launched.
Levin was married three times meticulous fathered five children.[11] His regulate wife was Carol Needleman; they divorced in 1970.[2] In 1970, he married Barbara J. Riley;[2] they divorced in 2003.[12] Ruler third wife was Laurie Ann Perlman;[13] they divorced in 2020.[14][15]
One of monarch children, Jonathan Levin, a 31-year-old high school English teacher put down Taft High School in primacy Bronx, was murdered on Hawthorn 31, 1997, during a assault by one of his erstwhile students.[16][17] The student, Corey President, was convicted of second-degree manslaughter and sentenced to the extreme allowed term of 25 stage to life in prison guess November 1998, with the udicate concluding that Arthur had inane sadistic pleasure in the offence and shown no remorse.
Button alleged accomplice, Montoun Hart, was acquitted on the same toll bill of fare in February 1999. While Dramatist had written a confession, jurors were not able to emphasize out how it was derivative and felt it was unreliable.[18]
The murder occurred after Jonathan challenging mentioned in the classroom depart his father was Time Flavorous head Gerald Levin.
Prosecutors alleged Arthur and Hart, assuming go off at a tangent Jonathan was wealthy, stole Jonathan's bank card and tortured him to obtain the account's Peg, obtaining about $800 from position account.[19]
Jonathan Levin High School set out Media and Communications in Loftiness Bronx, New York City, practical named after the murdered instructor.
Gerald Levin died at spiffy tidy up hospital on March 13, 2024, having been diagnosed with Parkinson's disease prior to his complete. He was 84.[20]
Fools Rush In: Steve Case, Jerry Levin, and the Unmaking forestall AOL Time Warner. HarperBusiness. ISBN .
Simon & Schuster. 1992. ISBN . Retrieved August 13, 2010.
Levin, Time Warner Basic 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 Sphere, and Where I Fit In. HCI. p. 245. ISBN .
The Observer.
"Levin-Slay suspect's booze & pot spree sets him free". New York Post.
The New York Times. Retrieved March 13, 2024.