Boomerang (TV network)
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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 1996, Time Warner Entertainment acquired the Turner Broadcasting System; but the company later merged with America Online (AOL) to form AOL Time Warner in 2001 and reverted to the Time Warner name in 2003.
Turner Entertainment self-distributed much of its library for the first decade of its existence, but on October 10, 1996, Turner Broadcasting System was purchased by Time Warner Entertainment and its distribution functions were largely absorbed into Warner Bros.
Apr 8, 2022 · New York CNN Business — Discovery’s merger with WarnerMedia took effect on Friday afternoon, creating a streaming media giant led by CEO David Zaslav. The deal combines two treasure troves of...
Its holdings include TBS Superstation, TNT, Cartoon Network, Turner Classic Movies, Turner South, CNN, CNN Headline News, CNNfn, CNNRadio, and CNN International. The company also owns the professional baseball team Atlanta Braves and oversees nascar.com and pga.com. Founder Ted Turner left Time Warner in 2003 to pursue philanthropic interests.
TBS, Inc. merged with Time Warner on October 10, 1996, and operated as a semi-autonomous unit of Time Warner. The company's assets included CNN, HLN, TBS, TNT, Cartoon Network, Adult Swim, Boomerang, TruTV, and Turner Classic Movies. The chairman and CEO of Turner Broadcasting was John K. Martin.
TNT Network, a prominent name in broadcasting, is owned by Warner Bros. Discovery. The network was originally launched in 1988 by Ted Turner. Turner Broadcasting System, part of WarnerMedia, previously managed TNT until WarnerMedia merged with Discovery, Inc.
