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In May 2006, Time Warner, which had owned 50% of Court TV since 1998, purchased the remaining 50% from Liberty Media and began running the channel as part of Turner Broadcasting. The channel was relaunched as TruTV on January 1, 2008.
Sep 23, 1995 · 1993--Turner agrees to buy film and TV production companies Castle Rock Entertainment and New Line Cinema. 1994--Turner considers a bid for Home Shopping Network or CBS.
Oct 11, 1996 · NEW YORK — Shareholders overwhelmingly approved Time Warner Inc.’s $7.5-million acquisition of Turner Broadcasting System Inc. on Thursday in a deal that vaults Time Warner ahead of...
1996: Time Warner buys Turner. 2001: AOL and Time Warner merge. 2003: Turner resigns as vice-chairman of Time Warner; Philip Kent is named chairman and CEO of Turner Broadcasting System. Company History: As a subsidiary of media giant Time Warner Inc., Turner Broadcasting System, Inc. (TBS) operates as the leading provider of programming for ...
Oct 10, 1996 · Time Warner Inc. and Turner Broadcasting System Inc. officially closed their $7.5 billion merger Thursday after shareholders of both companies voted overwhelmingly to approve the deal.
Sep 23, 1995 · Time Warner Inc. agreed yesterday to buy Turner Broadcasting System Inc. for about $7.5 billion in stock, creating the world's largest entertainment and media empire. It is the third...
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On September 22, 1995, Time Warner—a New York City-based media company formed in 1990 through the merger of Time Inc. and Warner Bros. corporate parent Warner Communications—reached an agreement to acquire the Turner Broadcasting System (TBS) and its associated properties (including TBS, TNT, Cartoon Network, CNN and CNN Headline News as ...
