Press: Terrible Ted vs. the Networks

A 24-hour cable TV news hookup aims for prestige and profits

He has been dubbed the "Mouth of the South," "Captain Courageous" and "Terrible Ted." A 1978 biography described him as "handsome, loud, opinionated, arrogant; a self-styled Rhett Butler." Even his enemies say he is fearless. His friends call him a visionary. "Goddam," Ted Turner says, "of all the things said about me, I like that the best."

Turner has earned that label by betting $100 million that there is a demand for television news 24 hours a day, seven days a week. The vehicle for his wager is Cable News Network,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!