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BUSINESS
January 24, 1992 | From Times Staff and Wire Reports
Turner Reportedly May Pump Money Into Orion: Turner Broadcasting System Inc. is the most likely company to bring Orion Pictures Corp. out of bankruptcy proceedings, Daily Variety reported. It quoted Orion sources as saying that Turner is in serious talks with the company about a deal with Orion. An Orion spokeswoman would say only that "there's been interest from several parties."
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BUSINESS
December 17, 2009 | By Joe Flint
Further expanding its reach in India, Time Warner Inc.'s Turner Broadcasting is shelling out $126.5 million for a 92% stake in NDTV Imagine, a popular Hindi general entertainment channel, and some smaller assets. Turner already owns several networks in India, including versions of CNN and Cartoon Network. It also owns Pogo, a children's channel. "India continues to be a key priority for us," said Steve Marcopoto, president of Turner Broadcasting's Asia Pacific unit. Besides NDTV Imagine, Turner is taking control of NDTV Imagine Pictures, a movie production company, and a couple of smaller networks.
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BUSINESS
July 23, 1992 | From Times Staff and Wire Reports
Turner Plans TV Station in Moscow: Turner Broadcasting System Inc. announced plans to build the first independent television station in Moscow in cooperation with a Russian company. The joint venture must compete with other groups for a license to use Channel 6, the last VHF frequency available in Moscow. And the plan is contingent on approval by the board of TBS, parent company of Cable News Network, and its partner, Moscow Independent Broadcasting Co.
SPORTS
October 10, 2008 | Steve Springer
Something is missing from the TBS baseball studio show. Something that could bring excitement, unpredictability, controversy. Something that could light the spark clearly missing when Cal Ripken and Dennis Eckersley, along with Curtis Granderson (division series) and Harold Reynolds (championship series) join host Ernie Johnson to analyze the plays, the players and the moves in the games of the day. Something that could lighten the analysis and sharpen the criticism.
BUSINESS
January 13, 1992 | From Times Staff and Wire Reports
Turner Broadcasting Expects Higher Profits in 1992: Turner Broadcasting System Inc. expects to turn the corner this year from slim to substantial profits as it keeps costs down and expands its cable and international operations, a top company official says. Terence McGuirk, executive vice president of Turner, said the company finished 1991--a generally tough year for the television industry--within about 4% of its cash-flow projections. He provided no specific figures.
BUSINESS
November 4, 1994 | From Times Staff and Wire Reports
Turner Broadcasting Reports Quarterly Loss: Citing the costs of retiring debt and fallout from the major league baseball strike, Atlanta-based Turner Broadcasting System Inc. said it lost $5 million in the third quarter ended Sept. 30. The media company, which owns the Atlanta Braves and televises the baseball team's games, said the strike reduced Braves operating results by $15 million from last year. Its loss for the period amounted to 2 cents a share.
ENTERTAINMENT
April 11, 1990 | GREG BRAXTON, Arts and entertainment reports from The Times, national and international news services and the nation's press
Good Night, "USA Tonight:": Tribune Broadcasting Co. has agreed to cancel its "USA Tonight" national newscast in June and use Cable News Network in six cities to expand local newscasts under an agreement with Turner Broadcasting System Inc. Six Tribune stations, including KTLA in Los Angeles, will become affiliates of CNN.
SPORTS
October 1, 2008 | STEVE SPRINGER
A year ago, Turner Sports dived into postseason baseball without so much as warming up in the bullpen. "It was like trying to start a car in winter," said TBS producer Tim Kiely. It wasn't as if the company didn't know its way around a diamond. TBS, after all, had been doing Atlanta Braves games for 30 years. But still, for a general public used to dealing with the broadcast networks and ESPN in the postseason, it was disconcerting.
SPORTS
January 18, 2008 | Greg Johnson, Times Staff Writer
The NBA on Thursday detailed plans to dramatically expand its digital business deal with Turner Broadcasting System by turning over operation of its league website, a 24/7 digital television channel and a cable and satellite television package that lets avid fans watch out-of-town games. NBA Commissioner David Stern's decision to partner with a media company on digital rights runs counter to the go-it-alone strategies adopted by the NFL and MLB.
ENTERTAINMENT
December 29, 2007 | From a Times staff writer
In its 11th year, TBS' annual marathon of "A Christmas Story" is still a big draw. The cable channel showed the 1983 film for 24 hours straight, starting at 8 p.m. on Christmas Eve. For that period, TBS said Friday, it was the top-rated outlet on basic cable, averaging 2.8 million viewers. The first showing on Christmas Eve drew the largest audience, more than 4.3 million. Based on a story by Jean Shepherd, the film stars Peter Billingsley as a boy who wants a BB gun for Christmas.
BUSINESS
April 24, 2007 | Lorenza Munoz, Times Staff Writer
Four years ago, Tyler Perry pitched an idea for a sitcom about a firefighter with two kids who moves in with his parents after his crack-addicted wife burns their house down. The network executives loved it. Except they didn't want the hero to be a firefighter. And they didn't want veteran stage actors Cassi Davis and Lavan Davis to play the leads. And they didn't want the matriarch to make so many references to Jesus and the Bible.
NATIONAL
February 6, 2007 | From Times Wire Reports
Turner Broadcasting Systems and an advertising agency agreed to pay $2 million in compensation for planting blinking electronic devices around the Boston area in a publicity stunt that set off a terrorism scare. The agreement between Turner, Interference Inc., and several state and local agencies resolves any potential civil or criminal claims against the two companies, Atty. Gen. Martha Coakley said.
NATIONAL
February 3, 2007 | From Times Wire Reports
Turner Broadcasting has agreed to pay all costs of a security scare triggered by a marketing campaign that disrupted travel in Boston, a spokeswoman for Mayor Thomas Menino said. Travel on major roadways and rail lines was suspended as police responded in large numbers Wednesday after discovering the battery-powered devices, which were intended to promote a cartoon on a Turner cable network, in Boston and surrounding cities. Authorities blew up one of them.
NATIONAL
February 2, 2007 | Michael Amon, Newsday
New York to Boston: Get over it. The Big Apple's neighbor to the north was brought to a halt Wednesday when some harmless blinking signs advertising a cartoon were mistaken for bombs. In New York? Fuhgeddaboudit. The city's 911 operators logged no calls -- not a single one -- when the identical devices depicting in lights a character from "Aqua Teen Hunger Force" were planted around Manhattan and Brooklyn several weeks ago.
BUSINESS
October 31, 2006 | From Reuters
Cable network owner Turner Broadcasting System Inc. said it planned to launch a broadband comedy network in January as parent company Time Warner Inc. bulks up its Internet businesses. The company that helped popularize cable television with the CNN and TNT networks will launch Super Deluxe, an advertising-supported Internet site that features originally produced comedy videos aimed at young adult viewers.
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