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Old 02-05-2007, 10:51 PM   #1
ThePresence
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Default When did Ted Turner lose control of CNN?

ANyone know?
It's not clear from his wiki.
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Old 02-05-2007, 10:53 PM   #2
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Default When did Ted Turner lose control of CNN?

when Time Warner merged (or was bought out by) AOL.

Worst thing to ever happen to Time Warner. AOL Singlehandedly almost brought the company down.
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Old 02-05-2007, 10:54 PM   #3
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Default When did Ted Turner lose control of CNN?

Cant he still do whatever he wants?

He is the most powerful man in the company (share wise).
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Old 02-05-2007, 10:55 PM   #4
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Default When did Ted Turner lose control of CNN?

At about the same time he bought half of Montana.
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Old 02-05-2007, 10:55 PM   #5
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Default When did Ted Turner lose control of CNN?

From what I can find he sold it in 1995 to Time Warner.
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Old 02-05-2007, 10:55 PM   #6
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Default When did Ted Turner lose control of CNN?

1996 when Time Warner acquired Turner Broadcasting Systems

Quote:
In 1987, it was announced that Warner Communications and Time Inc. were to merge. The last thing Warner did before the merger closed in 1989 was to buy out Lorimar-Telepictures. In early 1990, the combined companies were named Time Warner. This company subsequently acquired Ted Turner's Turner Broadcasting System in October 1996.
http://en.wikipedia.org/wiki/Time_Warner
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Old 02-05-2007, 10:56 PM   #7
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Default When did Ted Turner lose control of CNN?

Quote:
Originally posted by: PlatinumGold
when Time Warner merged (or was bought out by) AOL.

Worst thing to ever happen to Time Warner. AOL Singlehandedly almost brought the company down.
I loved how everyone who knew anything about technology was wondering why the HELL they did it, while the rest of the world was praising the merger (especially the business types).
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