Gerald Levin, Visionary Former CEO of Time Warner, Passes Away at 84
Levin's legacy is marked by the infamous AOL-Time Warner merger, a visionary yet disastrous deal that reshaped the media landscape.
- Gerald Levin, the former CEO of Time Warner, died at 84 after a long battle with Parkinson's disease.
- Levin was a key figure in the $350 billion AOL-Time Warner merger, the largest in U.S. corporate history, which ultimately failed.
- Despite the merger's failure, Levin is remembered for his earlier successes, including the expansion of HBO and the creation of the Full Service Network concept.
- Levin's later years were dedicated to spiritual pursuits and holistic healing, founding the Moonview Sanctuary with his third wife.
- The AOL-Time Warner merger, while a financial disaster, highlighted the early recognition of the internet's potential in the media industry.