BUSINESSWEEK ONLINE : JANUARY 15, 2001 ISSUE
COVER STORY

Pittman's Highest Hurdles


SHOW WALL STREET THE MONEY
Pittman must make good on AOL Time Warner's promises to grow 12% a year. First on the attack list: cross-selling AOL and Time Warner's subscriptions and advertising space.

GET TIME WARNER OPERATING ON INTERNET TIME
Pittman needs Time Warner's traditional media properties to carve out smart Web strategies. To do this, he has to inject AOL-style urgency into the Old Media company's relatively hidebound culture.

BREAK DOWN THE BARRIERS BETWEEN BUSINESSES
Pittman must unite Time Warner's warring divisions if he's going to push new ventures such as interactive TV. He's giving division heads two tasks: overseeing their own units and watching out for the company's overall financial performance.

KEEP RAKING IN THE ADS
Already, the softening ad market has eaten into Turner Broadcasting's revenues in 2000. Pittman believes AOL Time Warner can maintain its 2001 targets of 12% to 15% annual revenue growth because advertisers are better off choosing blue-chip ad venues.



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