Acquired by New Line Cinema Corporation
Acquired Turner Broadcasting System
Start Date 1995-00-00
Goods Turner began his career as an account executive with Turner Advertising Company and entered the television business in 1970 when he acquired Atlanta independent UHF station channel 17. In 1976, Turner purchased Major League Baseball’s Atlanta Braves and launched TBS Superstation, originating the “Superstation” concept. The following year, Turner Broadcasting System, Inc. acquired the National Basketball Association’s Atlanta Hawks, and in 1980 Turner launched CNN, the world’s first live, 24-hour global news network. Over the next two decades, the company built a portfolio of unrivaled cable television news and entertainment brands and businesses, including CNN Headline News, CNN International, TNT, Cartoon Network and Turner Classic Movies. In the mid-’90s, Castle Rock Entertainment and New Line Cinema became Turner Broadcasting properties. In October 1996, the company merged with Time Warner Inc., and in 2001, Time Warner merged with AOL to create AOL Time Warner. The company later changed its name back to Time Warner Inc.
Updated almost 4 years ago

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