Ted Turner

Entrepreneur

Ted Turner was born in Cincinnati, Ohio, United States on November 19th, 1938 and is the Entrepreneur. At the age of 85, Ted Turner biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.

  Report
Date of Birth
November 19, 1938
Nationality
United States
Place of Birth
Cincinnati, Ohio, United States
Age
85 years old
Zodiac Sign
Scorpio
Networth
$2.2 Billion
Profession
Entrepreneur, Media Proprietor, Philanthropist
Social Media
Ted Turner Height, Weight, Eye Color and Hair Color

At 85 years old, Ted Turner physical status not available right now. We will update Ted Turner's height, weight, eye color, hair color, build, and measurements.

Height
Not Available
Weight
Not Available
Hair Color
Not Available
Eye Color
Not Available
Build
Not Available
Measurements
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Ted Turner Religion, Education, and Hobbies
Religion
Not Available
Hobbies
Not Available
Education
Brown University
Ted Turner Spouse(s), Children, Affair, Parents, and Family
Spouse(s)
Julia Gale Nye, ​ ​(m. 1960; div. 1964)​, Jane Shirley Smith, ​ ​(m. 1965; div. 1988)​, Jane Fonda, ​ ​(m. 1991; div. 2001)​
Children
5
Dating / Affair
Not Available
Parents
Not Available
Ted Turner Career

After leaving Brown University, Turner returned to the South in late 1960 to become general manager of the Macon, Georgia branch of his father's business. Following his father's suicide in March 1963, Turner became president and chief executive of Turner Advertising Company when he was 24 and turned the firm into a global enterprise. He joined the Young Republicans, saying he "felt at ease among these budding conservatives and was merely following in [his father]'s far-right footsteps", according to It Ain't as Easy as It Looks.

During the Vietnam War era, Turner's business prospered; it had "virtual monopolies in Savannah, Macon, Columbus, and Charleston" and was the "largest outdoor advertising company in the Southeast", according to It Ain't as Easy as It Looks. The book observed that Turner "discovered his father had sheltered a substantial amount of taxable income over the years by personally lending it back to the company" and "discovered that the billboard business could be a gold mine, a tax-depreciable revenue stream that threw off enormous amounts of cash with almost no capital investment".

In the late 1960s, Turner began buying several Southern radio stations. In 1969, he sold his radio stations to buy a struggling television station in Atlanta, UHF Channel 17 WJRJ (now WPCH). At the time, UHF stations did well only in markets without VHF stations, like Fresno, California, or in markets with only one station on VHF. Independent UHF stations were not ratings winners or that profitable even in larger markets, but Turner concluded that this would change as people wanted more than several choices. He changed the call sign to WTCG, erroneously claimed to have stood for "Watch This Channel Grow" but in actuality stood for Turner Communications Group. Initially, the station ran old movies from prior decades, along with theatrical cartoons and bygone sitcoms and drama programs. As a better syndicated product fell off the VHF stations, Turner would acquire it for his station at a very low price. WTCG ran mostly second- and even third-hand programming of the time, including fare such as Gilligan's Island, I Love Lucy, Star Trek, Hazel, and Bugs Bunny. Other low cost content included humorist Bill Tush reading the news at 3 am, prompting Turner to jokingly comment that, "we have a 100% share at this time". Tush would often read the news with his co-anchor Rex, a German Shepherd in shirt and tie. By 1972, WTCG had acquired the rights to telecast Atlanta Braves and Atlanta Hawks games. Turner would go on to purchase UHF Channel 36 WRET (now WCNC) in Charlotte, North Carolina and ran it with a format similar to WTCG.

In 1976, the FCC allowed WTCG to use a satellite to transmit content to local cable TV providers around the nation. On December 17, 1976, the rechristened WTCG-TV Super-Station began to broadcast old movies, situation comedy reruns, cartoons, and sports nationwide to cable-TV subscribers. As cable systems developed, many carried his station to free their schedules, which increased his viewers and advertising. The number of subscribers eventually reached 2 million and Turner's net worth rose to $100 million. He bought a 5,000-acre (20 km2) plantation in Jacksonboro, South Carolina, for $2 million.

In 1978, Turner struck a deal with a student-operated radio station at MIT, Technology Broadcasting System (now WMBR), to obtain the rights to the WTBS call sign for $50,000. Such a move allowed Turner to strengthen the branding of his "Super-Station" using the initials TBS. Turner Communications Group was renamed Turner Broadcasting System and WTCG was renamed WTBS.

In 1976, Turner bought the Atlanta Braves, and in 1977, he bought the Atlanta Hawks, partially to provide programming for WTCG. Using the rechristened WTBS superstation's status to broadcast Braves games into nearly every home in North America, Turner turned the Braves into a household name even before their run of success in the 1990s and early 2000s. At one point, he suggested to pitcher Andy Messersmith, who wore number 17, that he change his surname to "Channel" to promote the television station.

In 1986, Turner founded the Goodwill Games with the goal of easing tensions between capitalist and communist countries. Broadcasting the events of these games also provided his superstation the ability to provide Olympic-style sports programming.

Turner Field, first used for the 1996 Summer Olympics as Centennial Olympic Stadium and then converted into a baseball-only facility for the Braves, was named after him.

In 1978, he contacted media executive Reese Schonfeld with his plans to found a 24-hour news channel (Schonfeld had previously approached Turner with the same proposition in 1977 but was rebuffed). Schonfeld responded that it could be done with a staff of 300 if they used an all electronic newsroom and satellites for all transmissions. It would require an initial investment of $15 million–$20 million and several million dollars per month to operate. In 1979, Turner sold his North Carolina station, WRET, to fund the transaction and established its headquarters in lower-cost, non-union Atlanta. Schonfeld was appointed first president and chief executive of the then-named Cable News Network (CNN). CNN hired Jim Kitchell, former general manager of news at NBC as vice president of production and operations; Sam Zelman as vice president of news and executive producer; Bill MacPhail as head of sports, Ted Kavanau as director of personnel, and Burt Reinhardt as vice president of the network. In 1982, Schonfeld was succeeded as CEO by Turner after a dispute over Schonfeld's firing of Sandi Freeman; and was succeeded as president by CNN's executive vice president, Burt Reinhardt.

Turner famously stated before the network debuted: "We won't be signing off until the world ends. We'll be on, and we will cover the end of the world, live, and that will be our last event... we'll play the National Anthem only one time, on the 1st of June [the network's debut on June 1, 1980], and when the end of the world comes, we'll play 'Nearer, My God, to Thee' before we sign off." Reportedly, Turner plans to make good on that promise. He commissioned a video recording of a military marching band playing the hymn. Turner has sometimes played the tape for reporters, noting the reason he made it. In 2015, the video was found in CNN's database and leaked. The video was tagged in the database as "[Hold for release] till end of world confirmed".

In 1981, Turner Broadcasting System acquired Brut Productions from Faberge Inc.

After a failed attempt to acquire CBS, Turner purchased the film studio MGM/UA Entertainment Co. from Kirk Kerkorian in 1986 for $1.5 billion. Following the acquisition, Turner had amassed enormous debt and sold parts of the acquisition; Kerkorian bought back MGM/UA Entertainment. The MGM/UA Studio lot in Culver City was sold to Lorimar/Telepictures. Turner kept MGM's pre-May 1986 and pre-merger film and television library.

Turner Entertainment was established in August 1986 to oversee film and television properties owned by Turner thanks to the deal with Kerkorian.

Having now acquired MGM's library of 2,200 films made before 1986, Turner had them syndicated on his nationwide television stations. When broadcasting their older films, he aired colorized versions of ones originally shot in black-and-white. Opposition arose from cinephiles, actors, and directors to Turner's colorization efforts. Film critic Roger Ebert wrote on Turner's broadcasting of a colorized Casablanca, "that will be one of the saddest days in the history of the movies. It is sad because it demonstrates that there is no movie that Turner will spare, no classic however great that is safe from the vulgarity of his computerized graffiti gangs." Thanks in part to Turner's colorization, the Library of Congress established the National Film Registry with the aim to preserve American films in their original format.

In 1988, Turner purchased Jim Crockett Promotions which he renamed World Championship Wrestling (WCW) which became the main competitor to Vince McMahon's World Wrestling Federation (WWF). This rivalry became known as the Monday Night Wars, and would last throughout the 1990s. In 2001, under AOL Time Warner, WCW was sold to the WWF.

Also in 1988, he introduced Turner Network Television (TNT) with Gone with the Wind. TNT, initially showing older movies and television shows, added original programs and newer reruns. Turner would later create Turner Classic Movies (TCM) in 1994, airing Turner's pre-1986 MGM library of films alongside those of Warner Bros. made before 1950, though it has expanded its library since.

In 1989, Turner created the Turner Tomorrow Fellowship for fiction offering positive solutions to global problems. The winner, from 2500 entries worldwide, was Daniel Quinn's Ishmael.

In 1990, he created the Turner Foundation, which focuses on philanthropic grants concerning issues pertaining to the environment and overpopulation. In the same year he created Captain Planet, an environmental superhero. Turner produced the television series Captain Planet and the Planeteers and its later sequel series with Captain Planet as the featured character.

In 1992, the pre-May 1986 MGM library, which also included Warner Bros. properties including the early Looney Tunes and Merrie Melodies libraries and also the Fleischer Studios and Famous Studios Popeye cartoons from Paramount (and then United Artists), became the core of Cartoon Network. A year before, Turner's companies purchased Hanna-Barbera Productions (whose longtime parent, Taft/Great American Broadcasting, had been headquartered in Turner's original hometown of Cincinnati), beating out several other bidders including MCA Inc. (whose subsidiaries included Universal Pictures and Universal Parks & Resorts) and Hallmark Cards. With the 1996 Time Warner merger, the channel's archives gained the later Warner Bros. cartoon library as well as other Time Warner-owned cartoons.

In 1993, Turner and Russian journalist Eduard Sagalajev founded the Moscow Independent Broadcasting Corporation (MIBC). This corporation operated the sixth frequency in Russian television and founded the Russian channel TV-6. The company was later purchased by Russian businessman Boris Berezovsky and an unknown group of private persons. In 2007 the license for TV-6 had expired and there was no application for renewal.

Turner Broadcasting System, Inc. merged with Time Warner, Inc. on October 10, 1996, with Turner as vice chairman and head of Time Warner and Turner's cable networks division. Turner was dropped as head of cable networks by CEO Gerald Levin but remained as Vice Chairman of Time Warner. He resigned as Time Warner vice chairman in 2003 and then from the board of directors in 2006.

On January 11, 2001, Time Warner was purchased by America Online (AOL) to become AOL Time Warner, a merger which Turner initially supported. However, the burst of the dot-com bubble hurt the growth and profitability of the AOL division, which in turn dragged down the combined company's performance and stock price. At a board meeting in fall 2001, Turner's outburst against AOL Time Warner CEO Gerald Levin eventually led to Levin's announced resignation effective in early 2002, being replaced by Richard Parsons. In contrast to Levin, who as CEO isolated Turner from important company matters, Parsons invited Turner back to provide strategic advice, although Turner never received an operational role that he sought. The company dropped "AOL" from its name in October 2003. In December 2009, AOL was spun off from the Time Warner conglomerate as a separate company.

Turner was Time Warner's biggest individual shareholder. It is estimated he lost as much as $7 billion when the stock collapsed in the wake of the merger. When asked about buying back his former assets, he replied that he "can't afford them now". In June 2014 Rupert Murdoch's 21st Century Fox made a bid for the company valuing it at $80 billion. The Time Warner board rejected the offer and it was formally withdrawn on August 5, 2014.

Turner had a long-running feud with fellow cable magnate Rupert Murdoch for years. This originated in 1983 when a Murdoch-sponsored yacht collided with the yacht skippered by Turner, Condor, during the Sydney to Hobart Yacht Race, causing it to run aground 6.2 miles (10.0 km) from the finish line. At the post-race dinner, a drunken Turner verbally assaulted Murdoch, afterward challenging him to a televised fistfight in Las Vegas.

Murdoch's Fox News, established in 1996, became a rival to Turner's CNN to which Murdoch held disdain for its "liberal slant" in news coverage. Time Warner declined to carry it on their New York City cable network in response, who in the midst of a merger, Turner said would "squash Rupert Murdoch like a bug."

In 2003, Turner challenged Murdoch to another fistfight, and later on accused Murdoch of being a "warmonger" for his support and backing of President George W. Bush's invasion of Iraq.

However, revealing in an interview with Variety in 2019, Turner said he and Murdoch have since made amends.

For most of his first decade as owner of the Braves, Turner was a very hands-on owner. This peaked in 1977, his second year as owner.

Turner was suspended for one year by Commissioner of Baseball Bowie Kuhn on January 3, 1977, for his actions while pursuing the signing of free agent outfielder Gary Matthews from the San Francisco Giants. Matthews signed a five-year, $1.875 million contract with the Braves on November 18, 1976. Kuhn's actions stemmed from remarks made by Turner to then-Giants owner Bob Lurie during the 1976 World Series. In addition, the Braves were also stripped of their first-round selections in the June 1978 draft of high school and college players. Turner, however, successfully appealed the suspension and Kuhn relented and reinstated the draft selections, one of which would turn out to be Bob Horner from Arizona State University.

On May 11, 1977, with the team mired in a 16-game losing streak, Turner sent manager Dave Bristol on a 10-day "scouting trip" and Turner himself took over as interim manager—the first owner/manager in the majors since Connie Mack. He ran the team for one game (a loss to the Pittsburgh Pirates) before National League president Chub Feeney ordered him to stop running the team. Feeney cited major league rules which bar managers and players from owning stock in their clubs. Turner appealed to Commissioner of Baseball Bowie Kuhn, and showed up to manage the Braves when they returned home. However, Kuhn turned down the appeal, citing Turner's "lack of familiarity with game operations."

In the mid-1980s Turner began leaving day-to-day operations to the baseball operations staff, and the team (still under Turner's ownership) won the 1995 World Series.

The Atlanta Braves were sold by Time Warner (which had assumed control after the merger with Turner Broadcasting) to Liberty Media in 2007.

Source

Jane Fonda admits she used to HIDE her Oscars during her marriage to political activist Tom Hayden because she felt like she had to 'play down the Hollywood part of' herself

www.dailymail.co.uk, January 16, 2024
Jane, 86, has admitted that she used to mask her Oscars during her 17-year marriage with feminist Tom Hayden to 'play down the Hollywood' in her. During her marriage with 76-year-old Tom, the Grace and Frankie actress, who has recently made national news for refusing to date anyone over the age of 20 because she feared her 'old skin.' Jane admitted in Dave Karger's forthcoming book, 50 Oscar Nights, that she attempted to exclude the Hollywood portion of her character, according to an excerpt published by People. The actress explained that she didn't begin celebrating her success right after her third husband, Ted Turner.

The Billionaire cowboys have bought up America's sprawling ranches, including the $350 million Yellowstone farm

www.dailymail.co.uk, July 2, 2023
Ranches throughout the West are increasingly being purchased by wealthy Americans looking for a place to park their money. They were once valued based on what they could gain for their owner through the cattle trade. Sprawling planes and swaths of rugged mountainous terrain, often larger than some of the country's largest cities, now routinely change hands for sums over $50 million in states from Texas and New Mexico to Colorado and Montana. And real estate brokers who have worked in these luxury ranches for decades say that demand has never been higher and that supplies have never been more limited.

CNN launched an investigation into the sex scandal, anti-Trump hysteria, and mockery for how rhetorically weak ex-boss is

www.dailymail.co.uk, June 7, 2023
MCCAIN: It's official - CNN CEO Chris Lichtenstein is dunzo. The corporate giants have lost faith in the one-time cable news wonderboy, and leftists around the United States are applauding following a tumultuous 13-month attempt to right the internet's partisan ship. But don't go wrong: although Licht is polishing his resume, CNN should be preparing its obituary because the declining network has now rejected a life-saving transplant, and the prognosis is poor. CNN's meteoric rise and fall has been an amazing success. It was the first 24-7 cable news operation, and it was launched by Ted Turner in 1980 as part of Turner Broadcasting System. CNN was hamstrung by a lack of funds and struggled to contend with the legacy news companies, Derided as the Chicken Noodle Network. However, the fledgling channel did what the big networks with packed TV schedules couldn't: broadcasting a steady stream of breaking news.