WarnerMedia
Search results
People also ask
Why was CNN acquired by Turner Broadcasting System?
Who owns Turner Broadcasting?
Where is CNN based?
Is CNN owned by AT&T?
May 12, 2023 · In this article, we'll take a closer look at CNN's ownership history and its current parent company. Ted Turner, the founder of CNN, launched the network in 1980 under the Turner Broadcasting System (TBS). TBS later merged with Time Warner in 1996, resulting in Time Warner's ownership of CNN.
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. As of April 2022, all of its assets are now owned by Warner Bros. Discovery (WBD).
The channel's success made a bona-fide mogul of founder Ted Turner and set the stage for conglomerate Time Warner's (later WarnerMedia which merged with Discovery Inc. forming Warner Bros. Discovery) eventual acquisition of the Turner Broadcasting System in 1996.
Jun 30, 2024 · Ted Turner, already a well-known name in media, saw the potential in CNN that many others might have overlooked. In 1980, he merged CNN under the umbrella of his booming Turner Broadcasting System, demonstrating a keen eye for synergistic growth opportunities.
Jul 15, 2024 · CNN has been a wholly owned subsidiary of Warner Bros. Discovery since 2022, when AT&T merged its WarnerMedia unit with Discovery and spun off the company to shareholders.
- Matthew Dilallo
Sep 23, 2024 · CNN, television’s first 24-hour all-news service, a subsidiary of WarnerMedia. CNN’s headquarters are in Atlanta. CNN was created by maverick broadcasting executive Ted Turner as part of his Turner Broadcasting System (TBS), allegedly because industry professionals had told him it could not be done. After four years in development, CNN ...
In its early years, Turner's SuperStation aired primarily reruns and sports. In June 1980, however, Turner created the Cable News Network (CNN) subsidiary to broadcast live news on a 24-hour basis. News bureaus were established in major cities throughout the United States and the world.
