Does the media conglomerate structure not work?
Wolff: I don’t think it makes sense to anybody. I don’t know anybody now who has been made happy by big media — not investors, not employees, not managers, not consumers. The logic itself does not work. I mean, let’s make a company out of all sorts of disparate other companies — companies that have no functional relationship to each other, no stylistic relationship, no cultural relationship. Let’s put them all under the same manager and make them run smoothly. We’ve very clearly arrived at a moment in which everybody says duh, that was a really, really bad idea. IWM: Carl Icahn is abandoning his campaign to break up Time Warner. Your most recent piece in Vanity Fair suggests that you support his original plan. Should Time Warner deconsolidate? Wolff: I don’t know if it’s a question of supporting anybody. I believe that Time Warner will come apart, with or without Carl Icahn. I believe that it is coming apart. I believe that the inevitable exists in virtually everyone’s mind and is ac
