Bewkes' First Day

After much anticipation Jeff Bewkes’ first day as the CEO of the world’s largest media company did not begin with fireworks. Time Warner is, for the moment, as intact. From The New York Times Dealbook Blog:

Mr. Bewkes’s move to the C.E.O. chair, recently occupied by Richard Parsons, comes amid rampant chatter about whether he might decide to sell some of Time Warner’s parts, such as AOL or its publishing arm. Much of this speculation is old.

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