J. Richard Munro
Time Warner
1980–1990
Time Warner
1980–1990
As CEO of Time, prior to the merger, he helped build HBO into a cable TV powerhouse, having headed the division back in the 1970s. Most notably, however, Munro engineered the creation of one of the world’s largest media and communications companies when he purchased Warner Communications in early 1990, after turning down a buyout offer from Paramount. Though the company suffered losses in 1989, primarily due to the purchase of Warner, Munro’s media giant boasted strong positions in a wide array of markets and earned revenues of $10.8 billion in 1989.

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