×
You will be redirected back to your article in seconds

Ex-Time Warner CEO Richard Parsons to Oversee Los Angeles Clippers

Former Time Warner CEO Richard Parsons will be appointed interim CEO of the Los Angeles Clippers, according to the NBA.

Parsons left Time Warner at the end of 2007 and subsequently became chairman of Citigroup. In the wake of Clippers owner Donald Sterling’s racist comments leaked to the website TMZ, the league also forced president Andy Roeser to take a leave of absence, leaving a void in management at the franchise.

Indications are that Sterling intends to fight to maintain control of the team, which he has owned for more than 30 years, but in the interim the league needs someone to oversee its operations. The situation is further clouded by the status of Sterling’s wife, Shelly, who has stated that she wants to retain ownership despite the actions taken against her husband.

The Clippers are currently in the second round of the NBA Playoffs and will face Oklahoma City tonight in Los Angeles.

In addition to his business experience, Parsons is also politically connected, having served on President Obama’s economic advisory transition team.

 

 

More Biz

  • Paradigm Names Marty Diamond Head of

    Paradigm Names Marty Diamond Head of Global Music

    Paradigm Talent Agency has named Marty Diamond the Head of Global Music, leading the agency’s representation artists worldwide, the company announced today. His personal client roster includes Ed Sheeran, Coldplay, Halsey, Janelle Monáe, Sigur Rós, Sara Bareilles, Liam Gallagher, Sia, Lorde, Alessia Cara, Bastille, Snow Patrol, Jess Glynne and Vance Joy. Diamond will head Paradigm’s [...]

  • View Conference Opens Registration for 2019

    2019 View Conference Opens Registration, Calls for Short Film Competition Entries

    Registration is now open for the 2019 edition of the View Conference in Turin, Italy. No speakers have been announced yet, but past conferences have featured some of the world’s top creative talents in visual effects, animation, gaming, virtual reality, augmented reality and mixed reality. Last year’s edition featured composer Hans Zimmer, Paramount Animation topper [...]

  • Kamala Harris Democratic candidate for US

    UCLA, Howard University Partner on Internship Program to Foster Diversity in Hollywood

    Increased focus on college students may be one way to pave a more diverse future in Hollywood. A new program from the UCLA Anderson School for Management’s Summer Institute at the Center for MEMES (Media, Entertainment & Sports) in partnership with Howard University gives students the opportunity to learn the ropes of the entertainment industry [...]

  • Anne del Castillo Named NYC's Commissioner

    Anne del Castillo Named New York City's Commissioner of Media and Entertainment

    The film and TV industries in New York City have a new boss: Anne del Castillo, who has been tapped by Mayor Bill de Blasio to serve as commissioner of the Mayor’s Office of Media and Entertainment. Del Castillo had served as general counsel and chief operating officer of MOME since 2015. She succeeds Julie [...]

  • Warner/Chappell Music Names Ryan Press President

    Warner/Chappell Music Names Ryan Press President of A&R for the U.S.

    Warner/Chappell Music has announced the promotion of Ryan Press to president of A&R, U.S. Press, who joined the publisher in 2009, has worked closely with an array of acclaimed songwriters and producers, including Rihanna, Rae Sremmurd, DJ Khaled, Wiz Khalifa, Meek Mill, T-Minus, Tayla Parx, Gucci Mane, Mike Elizondo, Aloe Blacc, The-Dream, Priscilla Renea, Lil [...]

  • Sarah BarnettAMC - SundanceTV 'State of

    Listen: AMC Networks' Sarah Barnett on Finding TV's 'Holy Grail'

    Sarah Barnett’s new job at AMC Networks has her overseeing four cable channels and two streaming platforms. She’s spent the past few months since her promotion to president of entertainment networks adjusting operations, assembling the right team and diving deeper into AMC’s investment in audience research and analytic tools. But none of that work matters [...]

  • Jordan Feldstein

    Beanie Feldstein Writes Touching Tribute to Her Brother, Maroon 5 Manager Jordan

    Actress Beanie Feldstein has written a moving tribute to her late brother Jordan, longtime manager of Maroon 5, who passed away of a heart attack in December of 2017. “It is impossible. Grief is just impossible. It cannot be contained or summarized or enclosed,” the tribute, published in InStyle, begins. “To describe the wound grief [...]

More From Our Brands

Access exclusive content