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Stealing time : Steve Case, Jerry Levin, and the collapse of AOL Time Warner

Author: Alec Klein
Publisher: New York : Simon & Schuster, ©2003.
Edition/Format:   Book : Biography : EnglishView all editions and formats
Database:WorldCat
Summary:
"In January 2000, America Online and Time Warner announced the largest merger in U.S. history, a deal that would create the biggest media company in the world. It was celebrated as the marriage of new media and old media, a potent combination of the nation's No. 1 Internet company and the country's leading entertainment giant, the owner of such internationally renowned brands as Warner Bros., HBO, CNN, and Time
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Details

Named Person: Stephen McConnell Case; Gerald M Levin
Material Type: Biography, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Alec Klein
ISBN: 0743247868 9780743247863
OCLC Number: 52133168
Description: 336 p. : ill. ; 24 cm.
Contents: Prologue: The Confrontation 1 --
Part I The Unlikely Rise of an Internet Giant --
Part II The Deal of the Century --
Part III The Wild Days --
Part IV The Culture Clash --
Epilogue: The Aftermath 301.
Responsibility: Alec Klein.
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Abstract:

When AOL bought Time Warner in 2000 it was not only the largest corporate merger ever but also the much vaunted marriage of new and old media. Just two years later, it was under judicial  Read more...

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schema:reviewBody""In January 2000, America Online and Time Warner announced the largest merger in U.S. history, a deal that would create the biggest media company in the world. It was celebrated as the marriage of new media and old media, a potent combination of the nation's No. 1 Internet company and the country's leading entertainment giant, the owner of such internationally renowned brands as Warner Bros., HBO, CNN, and Time magazine." "But only three years later, nearly all the top executives behind the merger had resigned, the company had lost tens of billions of dollars in market value, and the U.S. government had begun two investigations into its business dealings." "How did the deal of the century become an epic disaster?" "Alec Klein has covered AOL Time Warner for The Washington Post since the merger. His reporting on the company led to investigations by the Justice Department and the Securities and Exchange Commission. In Stealing Time, he takes readers behind the scenes to show how a clash of cultures set the stage for a spectacular corporate collapse. AOL's Steve Case knew it was only a matter of time before the Internet bubble of the late 1990s would burst, grounding his high-flying company. His solution: Buy another company to keep his own aloft. Meanwhile, Time Warner's Jerry Levin was enamored of new technology but frustrated by his inability to push his far-flung media empire into the Internet age. AOL and Time Warner seemed like a perfect match."."
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