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Cable News Network (CNN) is a multinational news channel and website operating from Midtown Atlanta, Georgia, U.S. 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 televisi...
CNN is currently owned by WarnerMedia and therefore AT&T. However, AT&T is preparing for a merger with Discovery, which will unwind its previous acquisition of Time Warner.
CNN has been a wholly owned subsidiary of Warner Bros. Discovery since 2022, when AT&T merged its WarnerMedia unit with Discovery and spun off the company to shareholders.
Kathleen Finch will oversee all cable networks except CNN and HBO. CNN will be operated separately, with Chris Licht becoming chairman and CEO of CNN Global. All will report to Zaslav.
As Zaslav and AT&T CEO John Stankey pitched the deal to investors, journalists immediately began speculating about what it could mean for CNN, one of the biggest news providers in the...
Ownership Dynamics: CNN is currently owned by Warner Bros. Discovery, indicating a significant position within a vast media and entertainment conglomerate. This ownership underscores the critical role of large corporations in controlling news and information flow.
Who originally owned CNN? Ted Turner launched CNN, the world’s first live, 24-hour global news network. Who are the current anchors on CNN? The full list of anchors and hosts can be found...
AT&T will maintain an ownership stake in the new entity, which will be combined with Discovery Network. David Zazlav , who has overseen Discovery for two decades, will lead the new entity.
The new company unites WarnerMedia—which includes CNN, CNN+, HBO, TNT, TBS, CNN, Cartoon Network, Warner Bros., and streaming service HBO Max—with Discovery’s own portfolio, which includes...
Thompson was appointed as chair and CEO of CNN by David Zaslav, head of the network’s parent company, Warner Bros. Discovery, which made the announcement Wednesday, Aug. 30, 2023. Thompson replaces Chris Licht, who was fired in June, and a four-person team that had been running CNN in the interim.