History Daily

Saturday Matinee: Business Movers

Mar 22, 2025
Explore the transformative impact of Ted Turner on the cable news landscape, particularly through his groundbreaking creation of CNN. Discover the incredible journey of Turner's triumphs in both business and the America's Cup sailing competition. Uncover the challenges and bold strategies that shaped the launch of the first 24-hour news channel, redefining how America consumes news. Delve into the visionary partnership that revolutionized journalism and set the stage for modern media.
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ANECDOTE

Ted Turner's Next Conquest

  • Ted Turner, after winning America's Cup, was asked what's next.
  • He jokingly replied, "Maybe I'll find some rum," showcasing his flamboyant personality.
INSIGHT

CNN's Enduring Relevance

  • CNN, while now trailing rivals, had a pivotal moment in 2024.
  • The Biden-Trump debate was its most-watched show, highlighting its enduring relevance.
INSIGHT

Turner's Vision for CNN

  • Ted Turner saw an untapped market in news broadcasting amidst the rise of cable TV.
  • Recognizing HBO's movie dominance and ESPN's sports focus, he envisioned a dedicated news channel.
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