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Ted Tuner: Media Entrepreneur


com). Over the next couple of years Turner made a success out of WTCG. During the month of December in 1976 WTCG originated the idea of a "superstation" (turner.com). In 1979 the company name was changed again, this time to Turner Broadcasting System, Inc. This system used satellites to broadcast cable all over. WTBS became the biggest broadcaster of cable in the world. It spread to one hundred and sixty million homes, about two hundred countries, and nearly forty languages (askmen.com). TBS made leaps and bounds in the television industry. One of their biggest was the launch of CNN. CNN is a twenty-four hour news channel. TBS has grown outrageously, it is now comprised of TBS Superststion, Turner Network Television (TNT), Cartoon Network, Turner Classic Movies (TCM), Turner South, Boomberg, there are even foreign versions of some of the stations like TNT Europe and Cartoon Network Asian/Pacific. TBS, Inc. is the world's largest basic cable provider. It employs more than eight thousand people worldwide. Phillip I. Kent watches over TBS, Inc.
             Two more of Turner's business ventures are his sports teams. Some rich people buy clothes, jewelry, boats, houses, and things that don't do anything after bought. However, Turner was totally different. Sure he bought some hoses, cars, and yachts; but he also bought things that could in return make him money. In 1976 he bought the Atlanta Braves baseball team, and in 1977 he bought the Atlanta Hawks basketball team (education.yahoo.com). .
             In 1986 Ted Turner bought MGM/UA Entertainment. With this purchase he collected over 4,000 old movies. Most of these are shown on his station TCM or Turner Classic Movies (education.yahoo.com). In 1996 Turner made his largest business move ever. He merged his TBS, Inc. with Time Warner and it became the worlds leading provider for basic cable and services. Turner became the vice-chairman of the company after the merger. He also became Time Warner's largest shareholder with ten percent of the company (askmen.


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