Overview of the Case
This case is all about the negotiations one can pursue in her/ his professional career while affiliated to any firm, organization or multimedia group. Here, the main focus is Patricia and her attributes towards her work while doing jobs at different platforms with different people.
Later on, during work at ABC Network, Patricia assumed that Bob will help her in all her difficult times but she was wrong, everything changed then, even Bob, who was her friend for 25 years.
Key Highlights
- Time Warner did the largest Media merger with Warner Communications in 1989 and in 1996 with Turner Broadcasting System.
- America Online, the largest internet provider, was newly formed.
Networks | Employees | Revenues |
1. American Online | 12,100 | $4.77 billion |
2. Time Warner | 69,700 | $27.3 billion |
Drop Figures
Networks | Amount drop per share | In terms of billion |
1. American Online | $73 - $47 | $167billion to $107billion |
2. Time Warner | $90 - $71 | $124billion to $98billion |
After the cancelation of the deal, the combined shares were sold in $276 billion, per share cost was $58, only. |
- American Online AOL bought Time Warner for $182billion and this merger stood as a major deal in history, which meant the merging of chief internet service benefactors with the top most media corporation.
- The AOL Time Warner deal finally closed on January 11, 2001 due to certain trust issues and challenges in Europe and the United States.
Career Path Negotiations Harvard Case Solution & Analysis
Networks and Designated Person
Person | Network | Designation |
1. Ann Moore | People magazine at Time | President |
2. Richard Parsons | AOL Time Warner | Co-Chief Operation Officer |
3. Jeff Bewkes | HBO – division of Time Warner | CEO |
4. Steven Case –
Before & After Merger |
American Online – AOL Time Warner | Before: Founder
After: Chairman |
5. Gerald Levin
Before & After Merger |
Time Warner – AOL Time Warner | Before:Chairman & Chief executive
After: CEO |
6. Robert Pittman | American Online | President |
7. Jeffrey Rayport | Market space Monitoring Group – aresearch arm | CEO |
8. Bob Iger | Walt Disney Company | President & COO |
9. Michael Eisner | CEO | |
10. Michael Fuchs | HBO (Home Box Office)
|
Vice President of Programming |
11. Henry Schleiff | President, Head and Administrator | |
12. Barbara Walters | ABC Daytime | Famous newswoman – Host, the view |
13. David Westin | ABC Network | Head |
14. Tom Murphy&Dan Burke | television business | Leaders/Managers |
Questions Answers
1. Patricia’s CareerMilestones
The three main milestones in the career of Patricia Fili-Krushel, who is now an expert media-industry administrative, are stirring into the cable networkwhich were the years at HBO from 1979. Then, programming for the women and the issues regarding women and childcare and lastly, a shift on internet.
Fili-Krushel moved to HBO as director of sports administration. She said that she didn’t love sports. Although she was heading into another sports job, she just believedthat there would be more opportunities in cable than there would be in ABC Sports for her.Fili-Krushel similarly incorporated multiple points of view when dealing with issues internal to HBO. Bewkes, stated that Patricia Fili-Krushel was a perfect “fixer”. He was her colleague at HBO. To achieve the second milestone in her career, Patricia later needed to build a team of people who had a feel for programming for women.................
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