Word: warners
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...kind of media trope last week to quote an anonymous Time Warner insider as saying that Levin had had a "charisma bypass." Levin is a quiet man. He doesn't have the voluble energy of a Mike Armstrong, the CEO of AT&T, or the raging fire of IBM's Gerstner. But Levin's brainpower, delivered first from a pedestal as Time Warner's strategist and futurist, has commanded the board of directors' attention. And so have his flameouts, riveting in the same way a NASCAR wreck is--all wheels, fire and smoking rubble. His track record, after all, includes...
...profit motive, while "useful" was "not noble.") In 1998, Levin pocketed more than $250 million, including options--nailing in one year roughly twice what Luce was worth when he died in 1967. In Levin's mind, it is simply a case of high risk, high reward. And though Time Warner shares have had a bumpy ride, they've outgained the Dow--412% to 236%--since Levin took over...
...couple of days after the merger, Levin flew down to AOL's offices on one of the Time Warner jets for a meeting and a Case-led tour of the firm's network operations center. As Case walked Levin through the NORAD-like setup, he couldn't resist a dig. "How many simultaneous users did we have last night?" he shouted to one techie. "One point five million," came the answer. Case: "Hey, that beats CNN." Wink. Case explained to Levin how--and why--AOL's networks are built to be faster than regular Internet service providers...
...making. Case teaching Levin about instant messaging: the firm delivers 100 million e-mail messages a day--but more than a billion instant messages. Case argues that that's evidence of a whole new medium. Levin listens and suggests that it might be harnessed to support Time Warner products. An AOL techie points out that they can tell when popular programs come on TV by watching the network traffic fall as users log off. "You could use this to tell when it was time to kill a show," the techie suggests. "We can see when Friends' ratings are falling...
...everyone else in the party. It wasn't a gesture of submission. No one would have seen him and said, "Oh, man, Jerry was holding the door for people!" Instead it was the kind of thing Levin seemed to feel would be expected of a Time Warner executive. In Case's world, the polite thing to do is get through the door and out of the way. In Levin's, it's to hold it for others. But the two men do seem to have the same basic instinct: Get through the door...