Ted Turner, who founded CNN and introduced Americans to pay TV by creating cable channels like TNT, Turner Classic Movies (using movies from MGM, which he owned at the time) has died.
Turner, who would later start to push for progressive causes, died Wednesday, according to a statement released by Turner Enterprises. He had been dealing with Lewy body dementia in recent years.
The former media mogul was the nation’s second biggest land owner (2 million acres across 14 ranches), his fortune had been estimated at $2.8 billion, which is down from about $11 billion at the height of the Internet bubble, when AOL acquired Time Warner in 2001.
Sources; The Hollywood Reporter
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