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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).
Prior to founding Fox News, Murdoch had gained significant experience in the 24-hour news business when News Corporation's British Sky Broadcasting subsidiary started Europe's first 24-hour news channel, Sky News, in the United Kingdom in 1989.
When Time Warner bought Ted Turner's Turner Broadcasting System, a federal antitrust consent decree required Time Warner to carry a second all-news channel in addition to its own CNN on its cable systems. Time Warner selected MSNBC as the secondary news channel, not Fox News.
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.
May 29, 2018 · In January, 1981, shortly after CNN began operation, another subsidiary, Turner Program Services, was created to serve as the syndication arm of Turner Broadcasting System. In January 1982, Turner formed a second all-news television network.
Oct 19, 2013 · By 1992 Murdoch decided that the local stations Fox owned and ran itself would no longer carry CNN’s feed (which he had obtained from CNN founder Ted Turner at a dear cost). In 1995 Murdoch...
Aug 4, 2006 · On June 1, 1980, Turner Broadcasting launched Cable News Network (CNN), the first twenty-four-hour all-news television network, which reached 1.7 million homes. Again, critics mocked Turner’s move, as low ratings from local stations suggested that viewers did not want more news.
