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Turner Broadcasting System, Inc. [2] was an American television and media conglomerate founded by Ted Turner in 1965. Based in Atlanta, Georgia , it merged with Time Warner (later WarnerMedia) on October 10, 1996.
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 · Mr. Turner will also join Time Warner's board and will name another director. Executives familiar with the company said Time Warner would pay Mr. Turner roughly the same salary and bonus as Mr. Levin.
Oct 11, 1996 · Time Warner--The company’s acquisition of Turner Broadcasting System is valued at $7.5 billion. An article in Friday editions incorrectly stated the value. Subscribers are Reading
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 ...
Sep 23, 1995 · Time Warner Inc. and Ted Turner's Turner Broadcasting System agreed yesterday to join forces in a $7.5 billion merger, the latest in a string that is transforming ownership and management of the ...
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Jul 18, 1996 · Through his Liberty Media Corp. programming arm, John Malone, the powerful head of TCI, controls a 23% stake in Turner that would be converted to a 7.5% holding in Time Warner. Time Warner and TCI ...