Making the News - Ted Turner and CNN | The Cable News War | 4

Business Movers

Wondery

History, Business, Entrepreneurship

4.8 • 1.5K Ratings

🗓️ 3 April 2025

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ted Turner’s CNN meets the challenge of a rival 24-hour news channel, but without the aid of the man who was the driving force behind CNN’s success.

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Transcript

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0:00.0	Want to get more from business movers?
0:02.2	Subscribe to Wondry Plus for early access to new episodes,
0:05.7	ad-free listening, and exclusive content you can't find anywhere else.
0:09.6	Join Wondery Plus in the Wondery app or on Apple Podcasts.
0:13.0	OneRoury.
0:15.0	Music It's July 1, 1982 in downtown Atlanta, Georgia.
0:32.6	In the back of a park taxi, 43-year-old Ted Turner checks his watch and sticks his head out the window.
0:40.0	Bill Bevins, the chief financial officer of Turner Broadcasting,
0:43.3	is hurrying down the sidewalk toward the car,
0:46.0	and Ted waves his arm impatiently.
0:48.0	Oh, come on, Bill, what's keeping you?
0:50.3	Bill quickens his pace and jumps in the back of the taxi.
0:54.8	Ted immediately turns to the driver.
0:56.7	Okay, let's go. Fast as you can.
0:59.7	Catching his breath, Bill opens his briefcase and pulls out a document.
1:04.7	I've got those numbers you want.
1:06.7	Ted practically snatches them out of his hands.
1:09.5	He flips through the pages, scanning the figures and charts.
1:12.9	Good news, Bill, I need good news.
1:15.1	Skip over to the latest ratings, then, and projections.
1:18.5	A week ago, a new competitor to CNN, the satellite news channel, launched nationwide.
1:24.0	Now Ted is on his way to a meeting with advertisers,
	...

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