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- Turner Broadcasting System, Inc. 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.
en.wikipedia.org/wiki/Turner_Broadcasting_System
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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. As of April 2022, all of its assets are now owned by Warner Bros. Discovery (WBD).
In 1970, Turner's firm merged with Rice Broadcasting Company, Inc., a small Atlanta UHF television station. The transaction took the resulting company public, with Turner as majority stockholder, under the new name Turner Communications Corporation.
Background. On March 25, 1986, Ted Turner and his Turner Broadcasting System purchased Metro-Goldwyn-Mayer (MGM) from Kirk Kerkorian for $1.5 billion, and renamed it MGM Entertainment Company, Inc.
Sep 13, 2024 · As part of the agreement, Turner became a vice-chairman of Time Warner and headed all of the merged company’s cable television networks. When Time Warner merged with Internet company AOL in 2001, Turner became vice-chairman and senior adviser of AOL Time Warner Inc.
May 29, 2018 · Turner became president and chief operating officer of a $1 million billboard enterprise, Turner Advertising Company, upon his father's suicide in 1961, which occurred shortly after the elder Turner concluded an agreement to sell the firm's recently acquired Atlanta, Georgia, division.
Aug 4, 2006 · In 1970 Atlanta businessman Ted Turner, who rarely watched television, believed that if he could transform his family’s dying billboard company into a multimillion dollar success, as he had done in the 1960s, then he could do great things for a run-down, independent Atlanta television station.
Apr 2, 2014 · In 1976, Turner made a strategic move to reach an even larger audience through the use of satellite technology. He rebranded once again, changing his company’s name to Turner Broadcasting...
