Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • This simple tool fixes Google Calendar’s most frustrating flaw
    • Stocktwits Puts Live Market Quotes and Community Chatter in One Place
    • Knowledge Is Dangerous When It Threatens Control
    • Curiosity is a competitive advantage
    • Street Fighter Box Office: Day 6 Trend and Running Total Revealed
    • Poland’s Right To Defend Its Borders
    • How This CEO Made a Business Decision He Couldn’t Measure
    • No. 6 Kellam Stuns Top-Ranked Ocean Lakes in Girls Volleyball
    Populist Bulletin
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Populist Bulletin
    Home»Business»Ted Turner, the founder of CNN, dies at 87
    Business 5 Mins Read

    Ted Turner, the founder of CNN, dies at 87

    Business 5 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Ted Turner, a brash television pioneer who raced yachts, owned huge chunks of the American West and transformed the news business by launching CNN and introducing the 24-hour cable news cycle, died Wednesday. He was 87.

    Turner died surrounded by his family, according to Turner Enterprises, the company that oversees his vast business interests.

    Turner owned professional sports teams in Atlanta, defended the America’s Cup in yachting in 1977 and donated a stunning $1 billion to United Nations charities. He married three women — most famously actor Jane Fonda — and earned the nicknames “Captain Outrageous” and “The Mouth of the South.”

    He once bragged: “If only I had a little humility, I’d be perfect.”

    He was slowed in later years by Lewy body dementia. Long out of the television business, he concentrated on philanthropy.

    His garrulous personality sometimes overshadowed a risk-taking business acumen. By the time he sold his Turner Broadcasting System to Time Warner Inc. in 1996, Turner had turned his late father’s billboard company into a global conglomerate that included seven major cable networks, three professional sports teams and a pair of hit movie studios.

    President Donald Trump, reacting to Turner’s death, called him “one of the Greats of All Time.”

    The creation of CNN

    Turner’s signature achievement was creating the Cable News Network, the first 24-hour, all-news television network in 1980. In part, Turner’s own frustration with television news was the instigator. He often worked past 8 p.m., after the ABC, CBS and NBC nightly newscasts had already gone off the air.

    He took a chance by starting the operation in the early days of cable television, living in an apartment above its Atlanta office.

    CNN’s breakthrough moment came during the Gulf War with Iraq in 1991. Most television journalists had fled Baghdad but CNN stayed, capturing arresting images of a war’s outbreak.

    Turner was promised a continued role in CNN after his company’s sale to Time Warner but was gradually pushed out, much to his regret.

    “The mistake I made was losing control of the company,” he later said.

    Building TBS SuperStation

    Robert Edward Turner III was born Nov. 19, 1938, in Cincinnati. When he was 9, his family moved to Savannah, Georgia, where he grew up. After being expelled from Brown University, Turner came to Atlanta to work for his domineering father’s billboard company, Turner Advertising.

    After his father’s 1963 suicide, Turner took over the company. In 1970, he bought an independent UHF station with a weak signal that didn’t even cover Atlanta.

    On Dec. 17, 1976, he began transmitting the station to cable systems across the country via satellite. It became the TBS SuperStation.

    TBS’ motley collection of old movies and sitcom reruns was augmented by Turner’s acquisition of baseball’s Atlanta Braves. Perennial doormats, the Braves slowly attracted fans nationwide through their superstation exposure.

    In the 1980s, Turner went deeply into debt to buy MGM, a move again greeted with skepticism. But the acquisition gave his company a library of vintage movies that eventually were parlayed into the TNT and Turner Classic Movies networks.

    He revealed his ambitions as a younger man: “I used to tell people I wanted to become the world’s greatest sailor, businessman and lover all at the same time.”

    Acquiring sports teams and land

    For much of his life, a partying roustabout who wooed beautiful women, the lean, mustachioed sportsman married three times. He was married to Fonda from 1991 to 2001. She tired of his philandering and divorced him, although they remained friends.

    Perhaps Turner’s greatest love was for the land. He acquired millions of acres in ranches complete with roaming buffalo and was Nebraska’s largest private landholder. Researchers at Texas A&M University credited his donation of a few bulls in 2005 with helping increase the genetic diversity of the last herd of southern Plains bison.

    He had a net worth of $2.5 billion in 2023 but had dropped off Forbes magazine’s ranking of the 400 richest Americans in 2021.

    “See, my life is more an adventure than a quest to make money,” Turner once said.

    Turner managed to insult many with his shoot-from-the-lip style. An atheist since his only sister died of lupus at age 17, he called Christians “losers” and “Jesus freaks,” later apologizing for both remarks.

    Dedication to various causes

    Turner, the father of five children, grabbed a leadership role in American philanthropy with his Sept. 18, 1997, pledge to give $1 billion to United Nations charities.

    He promoted a range of humanitarian causes. Turner joined former U.S. Sen. Sam Nunn to start the Nuclear Threat Initiative, a U.S.-based nonprofit dedicated to reducing the threat of nuclear, biological and chemical weapons.

    As he poured millions into nonprofits on a global scale, Turner was also fond of spreading his wealth in small ways. He once gave $500 to a volunteer fire department that helped extinguish a blaze on one of his ranches.

    —David Bauder, AP Media Writer

    Former Associated Press correspondent Ryan Nakashima contributed to this report.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    This simple tool fixes Google Calendar’s most frustrating flaw

    October 21, 2026

    Curiosity is a competitive advantage

    October 21, 2026

    How This CEO Made a Business Decision He Couldn’t Measure

    October 21, 2026
    Top News
    Business 9 Mins Read

    How some use ‘psychic’ powers at work—and how you can, too

    Business 9 Mins Read

    Last year, Hannah Bruns was working as an aesthetician based in Baltimore. Bruns wasn’t happy…

    The Freedoms Lost Under The Patriot Act

    September 11, 2025

    Can business schools really prepare students for a world of AI? Stanford thinks so

    November 20, 2025

    Dr. Harry Edwards on the NAACP’s Call to Boycott Gerrymandering States

    May 27, 2026
    Top Trending
    Business 6 Mins Read

    This simple tool fixes Google Calendar’s most frustrating flaw

    Business 6 Mins Read

    The problem with most of the whiz-bang AI jibber-jabber we hear about…

    World Politics 1 Min Read

    Stocktwits Puts Live Market Quotes and Community Chatter in One Place

    World Politics 1 Min Read

    Stocktwits offers live stock market quotes, social discussions among investors, breaking financial…

    Economy 3 Mins Read

    Knowledge Is Dangerous When It Threatens Control

    Economy 3 Mins Read

    QUESTION: The book you are handing out at this year’s WEC is…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, government accountability, globalization, and the preservation of American cultural heritage.

    We are devoted to delivering straightforward, unfiltered, compelling, relatable stories that resonate with the majority of the American public, while boldly challenging false mainstream narratives that seem to only serve entrenched elitists, and foreign interests.

    Top Picks

    This simple tool fixes Google Calendar’s most frustrating flaw

    October 21, 2026

    Stocktwits Puts Live Market Quotes and Community Chatter in One Place

    October 21, 2026

    Knowledge Is Dangerous When It Threatens Control

    October 21, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.