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The Cable News Network (), is an American basic cable and satellite television channel owned by the CNN Worldwide division of Warner Bros. Discovery.Upon its launch, CNN became the first channel to provide 24-hour television news coverage, and was the first all-news television network in the United States.
Cable News Network (CNN) is a multinational news organization operating, most notably, a website and a TV channel headquartered in Atlanta.Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by the Manhattan-based media conglomerate Warner Bros. Discovery (WBD), [2] CNN was the first television channel to provide 24 ...
At the dawn of the American television industry, each company was only allowed to own a total of five television stations around the country. As such, when the networks launched their television operations, they found it more advantageous to put their five owned-and-operated stations in large media markets that had more households (and therefore, denser populations) on the belief that it would ...
CNN Worldwide operates the CNN news channel and other global broadcast news assets owned by Warner Bros. Discovery, including various international CNN branches and HLN. The division is led by Mark Thompson. TNT Sports is the brand name used for sports-related divisions of the company.
In 1980 he founded CNN, now one of the most prominent news networks in the world. Turner turned the Atlanta Braves baseball team into a nationally popular franchise (including winning the 1995 World Series under his ownership), and launched the charitable Goodwill Games.
The ratings performance of CNN and HLN were cited as a factor, while CBSSports.com reported that the rising rights fees Turner pays for its NBA broadcasts on TNT may have also been a factor. [ 35 ] [ 36 ] It was further reported in October 2014 that the company planned to reduce its workforce by 10% (1,475 people) through layoffs across a wide ...
The Center, formerly and still commonly called CNN Center, is the former international headquarters of U.S. cable network CNN in Atlanta, Georgia, United States.The main newsrooms and studios for several of CNN's news channels were located in the building.
A 2014 amendment to the above Law further relaxed ownership and cross-media ownership requirements by allowing partnerships between electronic media businesses of the same type (television, online, or radio) if this results in a cut of operating costs (through economies of scale or joint utilization of financial resources). This is an indicator ...