Ted Turner

Ted Turner admits to having "foot-in-the-mouth disease." For a good deal of his adult life, he has made headlines for his controversial remarks, although in recent years, he has cast a lower profile. Now Turner is back, appearing on "60 Minutes" and "The Late Show With David Letterman" to promote his memoir "Call Me Ted," a look at his life that chronicles his rise from billboard businessman to cable visionary to philanthropist.

Ted Turner, the cable television billionaire and owner of vast tracts of land in the West, is forming a venture with a solar energy company targeting California markets. "Our future depends on changing the way we use energy," Turner said. "We've got to move away from fossil fuels and develop long-term energy solutions that work. Using clean energy technologies, such as solar power, is the right thing to do, and it represents a tremendous business opportunity."

Ted Turner said he sold all of his stock in Time Warner Inc., a year after leaving the media company's board. Turner, who had 31.3 million shares as of May, stepped down as a director last year, a decade after selling CNN and other cable networks he created to Time Warner. He was Time Warner's largest shareholder in 2000, when it agreed to be bought by AOL. The stock lost more than half its value in the next three years.

Maverick entrepreneur Ted Turner said Friday that he would step down as a Time Warner Inc. director in May, ending his colorful and volatile 10-year affiliation with the world's largest entertainment company. Turner, who joined top management and became the largest individual shareholder after selling his cable channels and entertainment businesses to the New York media giant in 1996, had grown distant from Time Warner since its ill-fated 2001 acquisition by America Online.

Battered media giant AOL Time Warner Inc. posted an annual loss of $98.7 billion, the largest in corporate history, after taking another massive charge to reflect the falling value of its Internet unit and other properties. The company's $45.5-billion fourth-quarter write-off, tied largely to the America Online division, was more than double Wall Street expectations. The noncash charge resulted in a loss of $44.9 billion, or $10.04 a share, for the quarter.

The world's biggest media conglomerate, AOL Time Warner Inc., was humbled Wednesday by two stinging losses -- one financial, one largely symbolic. In separate announcements, the company reported that it lost $98.7 billion last year, the most in U.S. corporate history, and that its highest-profile executive, media titan Ted Turner, has announced his plan to resign as vice chairman.

Is Ted ready to roam with the buffalo? With Ted Turner announcing this week that he's stepping down as vice chairman of AOL Time Warner Inc., one thing that lies ahead for the media magnate is tending to his fledgling chain of buffalo burger restaurants. Ted's Montana Grill has only six locations, none farther west than Colorado, serving what the company calls "comfort food for the 21st century."

Ted Turner, who last week said he'd resign as vice chairman of AOL Time Warner Inc., said he can't afford to buy its Cable News Network division and opposes a merger of the network with Walt Disney Co.'s ABC News. Turner, AOL Time Warner's largest individual shareholder and the founder of CNN, made the comments from his ranch in Montana during a telephone interview that will be included in a report on "60 Minutes II," said a spokesman for the newsmagazine.

Ted Turner, who is quitting as AOL Time Warner Inc. vice chairman, is accelerating the sale of his stock in the world's largest media company. Turner, the largest individual shareholder at New York-based AOL Time Warner, disclosed Friday that he sold $50 million of stock outside of a prearranged trading program he established in May. The program called for Turner to sell $5 million of AOL Time Warner stock each month. The founder of Cable News Network sold his media business to Time Warner Inc.

Ted Turner steps out of his hotel room near Georgetown, closes his eyes and clutches his chest. His knees begin to buckle and then he starts to swoon as if he has just been shot through the heart. Why me? you can almost hear the media titan ask. The talk has turned to the box office prospects for his epic Civil War film "Gods and Generals," which Warner Bros. plans to release on Friday. When someone mentions that movie attendance could drop dramatically if war breaks out, Turner groans.