Biondi Comprehension

Frank Biondi goes on record to tell Hollywood Reporter contributing editor Diane Mermigas about the rationale behind the drive to split Time Warner into four companies. Here is a little taste: THR: You mentioned selecting (Time Warner president and chief operating officer) Jeff Bewkes as the CEO of the new Time Warner content company. Have you spoken with him yet? Biondi: I haven't. Jeff was quoted today as saying that he and (Time Warner chairman and CEO) Dick Parsons are a team, which any No. 2 would have to say. Is he saying Jeff really doesn't like Dick? [Reuters]