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media entrepreneur
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Ted TurnerThe Mouth of the South
byDan Snedeker
Do you watch reruns ofSeinfeld or Friends on TBS?
Have you ever watched movies on TNT
or TMC?
Did you used to watch Cartoon
Network as a kid?
Did you watch CNN during the election?
You wouldn’t be able to do any of this if itweren’t for this man:
Ted Turner
Early Entrepreneurship
» Turner began working as aGeneral Manager for hisfather’s Advertising businessin 1960
» After his father committedsuicide four years latter Turnertook over the companywhich was in risk ofbankruptcy
» Turned the company aroundby increasing their clientele
Birth of the “Superstation”
» Turner bought the TV stationWJRJ in Atlanta
» Changed the name to WTBSfor the Turner BroadcastingSystem
» Began broadcasting thechannel through satellites toreach TVs all across America
» Became known as the“superstation” because thestation reached a audienceoutside of its normal viewingarea
CNN
» Turner created the first 24hour news channel
» By using small portablesatellite dishes CNN was ableto broadcast events live fromaround the world
» CNN covered the events ofTiananmen Square live,which led to Embassiesaround the world installinglive feeds
Success
» Turner bought rights tomovies so that he could showthem as many times as hewanted.
» Was also the owner of theAtlanta Braves baseballteam, broadcasted theirgames nationwide
» In the mid 80’s TBS wasbringing in $70 million a year
Philanthropy
» Turner founded the GoodwillGames in 1986 in order todecrease tensions betweenthe US and Soviet Union
» He also gave the largestmonetary philanthropic gift inrecorded history, $1 billion tothe United Nations over aperiod of 10 years
Present Day
» Turner is the largestlandowner in the continentalUS: 2 million acres
» He is a co-owner of Ted’sMontana Grill whichspecializes in bison meat
» He merged with the TimeWarner Group in 1995
» The Company then mergedwith AOL to create AOL TimeWarner
» Turner resigned in 2003 fromhis vice-presidentship
Work Cited
» “Ted Turner.” Business Biographies. Kirk H. Beetz. Answers.com. 22Sep. 2009http://www.answers.com/topic/ted-turner
» “Ted Turner.” Encyclopedia of World Biography. Thomson Gale.2004. Encyclopedia.com. 22 Sep.2009http://www.encyclopedia.com
» “Sports of the Times; How Ted Turner Saved the World.” The NewYork Times. July 22, 1990. George Vecsey. Nytimes.com. Sep 22,2009.
» www.tedturner.com» Google images