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Ted Turner and Time Warner

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Ted Turner and Time Warner ... make an acquisition of one of them and blow the other two out of the water just ... AOL Time Warner after the merger reported a $99 ... – PowerPoint PPT presentation

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Title: Ted Turner and Time Warner


1
Ted Turnerand Time Warner
  • Erick R. Schmidt
  • May 2, 2007

2
Edward Ted Turner
  • Mouth of the South or an American Maverick?

3
Both, actually
  • Beginnings in advertising
  • Fathers suicide puts young Ted in charge
  • World-class yachtsman
  • First-class bigmouth

4
An era of media dominance
  • Buys Atlanta Braves
  • Creates WTBS Superstation
  • Starts re-invention of TV news with founding of
    CNN


5
Ted Goes Global
  • Desert Storm
  • makes CNN famous
  • CNN makes
  • Desert Storm famous

6
The New Face of News
  • Round-the-clock news
  • Wanted to be everywhere -- and he was
  • Ted in the Big Three?

7
Time Warner
  • A tough competitor
  • Settling for second best?
  • Ted gives up and gives in

8
The Merger
  • 8 billion deal
  • Ted gives up the reigns
  • Ted becomes what he hated

9
Teds spirit nearly broken
  • Massive layoffs
  • Firing family
  • Ted fades away

10
What does it all mean?
  • Ted the philanthropist
  • Turner Broadcasting trails tough to find
  • A new horizon for media

11
Todays Turner
  • I have nothing left to say.

12
Works Cited
  • Goldberg, Robert, and Gerald Jay Goldberg.
    Citizen Turner. New York Harcourt Brace, 1995
  • Lowe, Janet. Ted Turner Speaks. New York John
    Wiley Sons, 1999
  • Auletta, Ken. Media Man. New York W.W. Norton,
    2004
  • http//www.tedturner.com
  • Vercammen, Paul. Time Warner-TBS deal widens
    entertainment vistas. Retrieved April 26, 2007
    from http//www.cnn.com/SHOWBIZ/Movies/9509/Time_T
    urner_Movies/index.html
  • Creating a Media Titan. Retrieved April 22, 2007
    from http//news.com.com/Creatingamediatitan/20
    09-1023_3-249870.html
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