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On September 22, 1995, Time Warner—a New York City-based media company formed in 1990 through the merger of Time Inc. and Warner Bros. corporate parent Warner Communications—reached an agreement to acquire the Turner Broadcasting System (TBS) and its associated properties (including TBS, TNT, Cartoon Network, CNN and CNN Headline News as ...
In 1979, the company changed its name to Turner Broadcasting System, Inc. (TBS, Inc.) and the call letters of its main entertainment channel to WTBS. 1980s [ edit ] On June 1, 1980, Cable News Network (CNN) was launched at 5:00 p.m. EDT becoming the first 24-hour news cable channel .
- May 12, 1965; 58 years ago
- WarnerMedia (1996–2019)
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Beginnings. The history of TBS is closely tied to the personal history of its flamboyant founder, chairman, and president, Robert Edward "Ted" Turner III.
Mar 12, 2019 · That’s the home base for Turner Broadcasting System — the company founded in 1965 by Ted Turner that suddenly no longer exists. Already, press releases for networks such as TNT and TBS contain...
Ted Turner. Robert Edward Turner III (born November 19, 1938) is an American entrepreneur, television producer, media proprietor, and philanthropist. He founded the Cable News Network (CNN), the first 24-hour cable news channel. In addition, he founded WTBS, which pioneered the superstation concept in cable television, which later became TBS .
- Entrepreneur, television producer, media proprietor, philanthropist
May 29, 2018 · Incorporated: 1965. Employees: 5,000. Sales: $1.48 billion. Stock Exchanges: American. The history of Turner Broadcasting System, Inc. (TBS), is closely tied to the personal history of its flamboyant founder, chairman, and president, Robert Edward “ Ted ” Turner III.
Sep 23, 1995 · By Paul Farhi. September 23, 1995 at 1:00 a.m. EDT. Time Warner Inc. and Ted Turner's Turner Broadcasting System agreed yesterday to join forces in a $7.5 billion merger, the latest in a string...
