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The Nexus
BUSINESSMay 7 · 14:53 UTCTHE GUARDIAN WORLDLisa Napoli

Ted Turner: the man whose 24-hour CNN network broke the news

Ted Turner's CNN network is struggling financially, bleeding $2m a month, and facing competition from ABC's new all-news service. Turner is considering an alliance with CBS to stay afloat. The launch of CNN in 1982 revolutionized TV news.

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