Wednesday, September 16, 2009
Former Time Warner Boss Dick Parsons Gets Back in the Media Business
There are very good odds that there are going to be some very big deals happening in the media world in the next year or so. So this move makes a lot of sense: Former Time Warner CEO Dick Parsons is joining up with Providence Equity Partners, the private equity firm with a hankering for media investments.




Here’s Google’s sort-of answer to Hulu: A newly designed page to showcase TV shows and movies, along with new players and a new ad strategy. What’s not included: almost any first-run TV show or newly released movie. That’s the content that’s made Hulu successful and what’s also driven traffic to offerings from CBS and Disney’s ABC. You can’t accuse the Google guys of overselling this: In a press conference today, they described it as a “first step, a baby step.”
