Parsons died on Thursday at his home in Manhattan. The cause of death was bone cancer, the New York Times reported, citing Ronald S Lauder, a friend. Parsons was named chairman of CBS in September 2018 and resigned less than one month later, citing complications from multiple myeloma, a blood cancer.
Parsons was named chief executive officer of AOL Time Warner in 2002 after the $124 billion merger of the dial-up internet provider and the largest entertainment and media company started to fall apart. Just before he took over, following the surprise departure of CEO Gerald Levin, the newly merged entity posted a record loss of $54.2 billion as the value of its stock sank amid the bursting of the dot-com bubble.
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Across the Aisle
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Defiant push to change Constitution
PM Narendra Modi enjoyed the same support of the people as in 2014 and 2019 Lok Sabha elections
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Individualised AI Tools
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Biotech Advancements
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Adani Green Forms New Subsidiary for Renewables
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Scindia Meets FM to Discuss India Post's Profitability Path
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