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J. Richard Munro

Time Warner

1980 - 1990

Publishing & Print Media

Military ServiceMarines
1980 b. 1931
UndergraduateColgate University
BirthplaceNew York (NY)
Era - 1980

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.