CNN’s pioneering founder Ted Turner dies at 87

Ted Turner, the founder of American media giant CNN, has died, the network said on Wednesday. He was 87, according to France 24.

Cable News Network upended established broadcasting with its dedication to around-the-clock breaking news and shot to global recognition with its coverage of the Gulf War in 1990-91.

Ted Turner created CNN in 1980, revolutionizing the way America, and the world, got their news, and then went on to become one of the most prominent business leaders and philanthropists of his era.

A brash risk taker, Turner—whose death aged 87 was announced on Wednesday—helped reshape the television industry in the late 20th century.

He also made a name for himself with spectacular business deals, his ownership of professional sports clubs, a marriage to actress Jane Fonda, his leadership of a competitive yachting team and then a devotion to charitable and environmental causes.

Born in Cincinnati, Ohio in November 1938, Robert Edward “Ted” Turner III went to a military boarding school in Tennessee, and then attended Brown University, but was expelled before graduating.

Turner took over a faltering family advertising business after his father, despondent over financial problems, committed suicide.

After buying a number of radio stations, Turner’s purchase of a struggling Atlanta station in 1970 was his first move into television.

Ten years later, that became the flagship of his nationwide Turner Broadcasting System, the profits from which he parlayed into the launch of CNN.

CNN launched in 1980 as the first 24-hour cable news network, gaining traction in the United States and later internationally.

The launch came as viewers were shifting from broadcast to cable and CNN became a key source of news during the 1990-1991 Gulf War, delivering extensive live coverage using satellite technology.

CNN’s success inspired the creation of other 24-hour news channels including Fox News by longtime Turner rival Rupert Murdoch, MSNBC and countless station worldwide.

Turner’s television empire expanded beyond CNN and included TBS and TNT channels for sports and entertainment, Turner Classic Movies and Cartoon Network, among others.

As his television empire expanded, Turner made a failed bid to acquire CBS in the 1980s and then briefly acquired MGM/UA Entertainment Co. studios.

Turner sold the Hollywood group back months later, while keeping the rights to large portions of its catalog including films from MGM.

Stabil.Az