Case to Step Down from AOLTW

squiggleslash writes "Reuters is reporting that Steve Case, the CEO of AOL Time Warner, is resigning, to be effective in May. He'll still be part of AOLTW but as a director responsible for joint strategy. There have been various moves afoot to oust the man who masterminded AOL's takeover of the media giant: the Time Warner part of the partnership wants control whereas Case came from the loss making super-ISP. Case quitting could be bad news for technologists given the current battles between content providers like Time Warner and the Internet and computer industries."

Comments

correction

[keefeg]

Actually Steve Case is chairman, Dick Parsons is the CEO.

CNET mentions this too.

[antdude]

Here.

Re:A little late in the game

[Anonymous Coward]

You say that now, but I'm willing to bet many American users of the Internet got their start using AOL. Hell, I'm sure quite a few slashdotters went that route as well (perhaps even yourself).

Whether you want to admit it or not, AOL has helped make the Internet a mainstream thing, which in itself is a social revolution simply because of the implications. I'm sure it would have become this way eventually even without AOL, but it would have taken considerably longer and maybe not be as collossal as it is today.

Another thing: without bringing in mainstream users to the Internet (including this group of 'assholes' you speak of), online businesses like eBay, Amazon.com, etc. would most likely not flourish because, uhm, they wouldn't have anyone to sell stuff to (or for).

Re:Dot dot dot...

[zapfie]

It was probably because Case is not the CEO of AOLTW, he is the Chairman of the Board.

The CEO is Richard D. Parsons.

Re:CNBC's "The Big Heist"

[GeorgeH]

Tivo says it will be on tonight at 9:00 pm EST (now), tonight at midnight and then Monday the 20th at 6:00 pm EST.

Re:right

[AKnightCowboy]

Ironically CNBC had a special on AOL Time Warner entitled "The Heist, How AOL Took Time Warner". Hehe. At the end of it in October 2002 they had a blurb from Steve Case saying he had no plans for stepping down. Sounds like someone finally got the board to oust him like they did to Levin. The AOL and Time Warner merger has GOT to go down in history as the worst business deal of all time. I feel bad for the Time Warner people who had their retirement in its stock only to be merged with AOL on the way into a bursting Internet stock bubble. Steve Case deserves to get a boot in the ass and AOL Time Warner should change the name back to Time Warner and stick AOL back with the other minor departments. Hell, spin it off and fold it.

AGAIN TONIGHT: The Big Heist: AOL Took Time Warner

[Futurepower(R)]

Tonight, Sunday, 9:00 PM Pacific standard time on CNBC (Dish Network and others, re-broadcast): The Big Heist: AOL Took Time Warner.

For those for whom English is not their native language, "heist" means "theft".

Cousin

[craw]

Just one note. Ed Case (Steve's cousin) is the new Congressman from Hawaii.

Re:Lesser of two evils

[numark]

Actually, after the merger, most groups were put under control of former AOL managers. A lot of Time editors balked at having a boss that didn't know a thing about paper media. Over the past few years, the AOL side of the deal has been the major force, and only in the last few months have we really seen Time Warner management take a step up. This was an orderly transition, really starting with Gerald Levin's resignation.