Gerald M. Levin

Gerald M. "Jerry" Levin (born May 6, 1939) is an American mass-media businessman. Levin was involved in brokering the merger between AOL and Time Warner in 2000, at the height of the dot-com bubble, a merger which was ultimately disadvantageous to Time Warner.^[1]

Early life and education[]

Levin was born in Philadelphia, Pennsylvania^[2] to a Jewish family of Russian and Romanian origins.^[3][4][5] His father was a butter-and-egg businessman and his mother was a piano teacher.^[2] He lived as a child in Overbrook Hills, a suburb of Philadelphia. He attended Haverford College, where he is a member of the Board of Directors. He graduated from the University of Pennsylvania Law School in 1963.

Career and later life[]

In 2000, he claimed that "media will become the dominant industry in the 21st century, and the global media will become even stronger than the government."^{[citation needed]} Levin spent most of his career with Time Inc. (later Time Warner, then AOL Time Warner), starting as a programming executive for Home Box Office (HBO) and eventually becoming CEO of the corporation. Levin was involved in brokering the merger between AOL and Time Warner in 2000, at the height of the dot-com bubble, a merger which seemed to many to be disadvantageous to Time Warner as the bubble collapsed in the next few years. CNBC named him as one of the "Worst American CEOs of All Time".^[6]

A 2009 article that appeared in the magazine New York called him "perhaps the most powerful media executive in the world."^[7] In 2013, Levin was named chairman of Elation Media, Inc., a live and on demand programming start-up launching in 2020, focusing on the worldwide holistic consumer market.^{[citation needed]}

Philanthropic activities[]

In addition to being a businessman, Levin is a philanthropist; he is a supporter of Jewish causes and engages in other charitable and philanthropic work as well. He is a trustee and supporter of the Museum of Jewish Heritage,^[8] among other charitable organizations.

Personal life[]

Levin has been married three times and fathered five children.^[9] His first wife was Carol Needelman; they later divorced.^[2] In 1970, he married his second wife, Barbara J. Riley;^[2] they divorced in 2003.^[10] His third wife was (divorced 2020) Laurie Ann Perlman Rapke, former wife of Jack Rapke.^[11][12][13]

Murder of Jonathan Levin[]

One of his children, Jonathan Levin, a 31-year-old high school English teacher at Taft High School in the Bronx, was murdered on May 31, 1997 during a robbery by one of his own students.^[14][15] The student, Corey Arthur, was convicted of second-degree murder and sentenced to the maximum allowed term of 25 years to life in prison in November 1998, with the judge concluding that Arthur had taken sadistic pleasure in the crime and shown no remorse. A purported accomplice, Montoun Hart, was acquitted on the same charges in February 1999. While Hart had written a confession, jurors were not able to find out how it was obtained and felt it was unreliable.^[16]

The murder occurred after Jonathan had mentioned in the classroom that his father was Time Warner head Gerald Levin. The former student, Corey Arthur, assumed that Jonathan was wealthy. Arthur stole Jonathan's bank card and tortured him to obtain the account's PIN, obtaining about $800 from the account.^[17]

Jonathan Levin High School for Media and Communications in The Bronx, New York City, is named after the murdered teacher.

Further reading[]

• Klein, Alec, Stealing Time: Steve Case, Jerry Levin, and the Collapse of AOL Time Warner (Simon & Schuster, 2003) ISBN 0-7432-5984-X

References[]

External links[]

• Gerald Levin's page at The Museum of Broadcast Communications' website
• Appearances on C-SPAN
• Forbes Magazine article about Levin's resignation from AOL Time Warner
• October 20, 1998 CNN.com news article discussing opening statements at the trial of Jonathan Levin's then suspected murderer
• Moonview Sanctuary: Gerald Levin's holistic treatment center based in Santa Monica, California