Turner forced out of CNN by money men

Chris Burford cburford at gn.apc.org
Wed Apr 11 16:12:25 PDT 2001


From this Sunday's Observer (UK)

Ted Turner, the most voluble and compelling media titan of his time, now cuts a ghostly figure. In the last month, the billionaire founder of CNN, erstwhile husband of Jane Fonda, the largest private landowner in the US, environmental campaigner, United Nations benefactor, yachtsman, and irrepressible loud mouth, has been cut adrift from the US media empire he created by rivals with no tolerance for an outspoken individualist.

Three years ago, Turner sold TBS, the cable TV network he founded, to Time Warner, which was itself purchased by America Online last year. He was expected to run his share of the empire for five years, but was suddenly replaced in a boardroom coup by a younger man, James Kellner, in February.

....

According to former employees in Atlanta, the biggest symbolic blow came when AOL closed the Turner Environmental Division, which produced environmental documentaries for CNN.



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