Title Stealing Time: Steve Case, Jerry Levin, and the Collapse of AOL Time Warner
Book Condition Very Good.
Seller ID 0619J635999
Hardcover. 1st edition hardcover with dustjacket 2003 Simon and Schuster. Only light wear. Very clean; no marks; pages bright; binding tight. 336 pages; Index; Notes; black-and-white photos. Language: English. 'In 1999 Wall Street was enamored with anything dot-com, and America Online was adding new subscribers in droves by giving away billions of free disks. Old-economy media giant Time Warner was trying to figure out how to make money in this new Internet thing. Its CEO, Jerry Levin, was eager to bring the company into the computer-friendly 21st century. Steve Case, CEO of AOL, knew the ride wouldn't last forever and shrewdly leveraged the inflated AOL stock to purchase the much larger Time Warner. Klein fascinatingly fills in the gaps of what is known of this, the largest merger in U.S. history. ... What was supposed to have been a synergy of new and old media turned out to be a total culture clash that led to disastrous results for the company and its stockholders....'--David Siegfried, Booklist.