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About

Ted Turner is an American entrepreneur, television producer, media proprietor, and philanthropist. Born Robert Edward Turner III, he is best known as the founder of the Cable News Network (CNN), the first 24-hour cable news channel. Turner also pioneered the superstation concept with WTBS, and established other television networks like TBS and TNT. His innovative approach to media significantly shaped the landscape of cable television and news broadcasting.

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Career Timeline

1963D$0.1M

Takes over Billboard Company

Inherits and transforms family business.

1976B▲▲$50M+$49.9M

WTBS Superstation Launch

Revolutionizes television broadcasting.

1980A$200M+$150M

CNN's Creation

Launches the first 24-hour news channel.

1996S$3B+$2.8B

Time Warner Merger

Sells Turner Broadcasting to Time Warner.

2003A$2.5B-$500M

Steps Down from AOL Time Warner

Leaves leadership role, maintains influence.

2026B$2.2B-$300M

Media Pioneer and Philanthropist

Remains influential figure, focusing on philanthropy.

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Last updated: February 25, 2026