Bewkes Open to Idea of TW Breakup?


Time Warner CEO Dick Parsons may be fighting the good fight against investors like Carl Icahn — who have been pushing for the breakup of the media conglomerate — but Variety quotes investors and fund managers who think that man-in-the-wings Jeff Bewkes might be more open to an aggressive, creative strategy when Parsons eventually steps aside (perhaps to run for NYC mayor).

Time Warner’s elevator stalls [Variety]