Robert Edward "Ted" Turner III is an American media mogul and philanthropist. As a businessman, he is known as a founder of the cable news network CNN, the first 24 hour cable news channel. he was born on November 19, 1938 in Cincinnati, Ohio. At the age of 12 Ted Turner was sent to the McCallie School which is situated in Chattanooga, Tennessee state . His curriculum included military training, one of Ted Turner`s favorite subjects. After completing his course load at McCallie, Ted hoped to sign up with the United States Naval Academy, but his father insisted Ted attend Harvard, Ted`s grades were not enough for Harvard, so in 1956 he enrolled in Brown University, however he could not graduate there, because he was kicked out from that university.
Winners never quit, and quitters never win.
He returned to Georgia to his fathers business and his father promoted him to assistant manager of Turner Advertising`s Atlanta branch. He took a large amount of debts to buy out their competitor. in 1963 he took his own life leaving Ted Turner at 24 in charge of a growing, but heavily indebted enterprise.He worked day and night, offering customers a discount for early payment, to increase the amount of cash on hand. At the time the television business was dominated by three major networks, only the largest cities could support a fourth or fifth station. Turner purchased a failing UHF station in Atlanta. He changed the name of his firm to Turner Communications Group, and renamed the station WTCG. He quickly added a second UHF station in Charlotte, North Carolina. Both stations were hemorrhaging money, but Turner moved boldly ahead. He began buying old movies and TV shows, securing the broadcast rights outright, so he could show them over and over without paying royalties. Soon, his stations were breaking even.
In 1972 a change in FCC regulations offered Turner an opportunity he leapt at. For the first time, it permitted the cable television services to transmit programming from remote station. At the end of 1975, RCA launched the SATCOM II communications satellite, and Turner was one of the first to rent a channel. In 1980 Turner sold his Charlotte television station and used the proceeds to launch his ambitious venture yet a 24- hour all-news channel. By 1985, CNN was showing a profit and Turner expanded the service with CNN Radio and CNN International. By this time, Turner was a billionaire and was increasingly interested in developing his wealth oh behalf of worthy causes. In 1986 Turner purchased MGM Entertainment Company. Turner later started to launch the Cartoon Network, Turner Classic Movies TCM, to show old and new films, uncut, uninterrupted and commercial -free 24 hours a day. Over the previous decade, Turner had played an active role in the United Nations Association. For several years in a row, the United States Congress refused to appropriate funds for paying the country`s dues to the United Nations. When the arrears approached a billion dollars, Turner stunned the world by paying the shortfall out of his own pocket.
"I see what keeps people young:work" it is a quote from Ted Turner, we know that only thing that helped people to develop is work. We have to learn how to be honest to your job, work hard, and earning money in a good way, achieving for our goals like Ted Turner. He showed how simple person can achieve a lot in the life. " All my life people have said that i was not going to to make it ". He loves show business, he loves his job, that motivates him to get more. What i learned from him is sometimes we don`t know how to measure success, but people measure it by money. If you earned a lot of money , they call you successful.
Wawooww......Impressive and informative
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