CNN founder Ted Turner has died at age 87. His company Turner Enterprises says the television pioneer died Wednesday. Turner transformed an obscure Atlanta television station into the first satellite-based "superstation" and founded Cable News Network, the first 24-hour, all news TV network. The brash Southerner owned sports teams, was a champion yacht racer and was married to actor Jane Fonda for 10 years. He was one of America's most extensive landowners and became a prolific philanthropist, donating $1 billion to the United Nations. President Donald Trump called him one of the all-time greats.
By WYATTE GRANTHAM-PHILIPS and MATT OTT AP Business Writers
Netflix has struck a deal to buy Warner Bros. Discovery, the Hollywood giant behind "Harry Potter" and HBO Max. The $72 billion deal announced Friday would bring together two of the biggest players in television and film and potentially reshape the entertainment industry. If approved by regulators, the merger would put two of the world's biggest streaming services under the same ownership — and join Warner's television and motion picture division, including DC Studios, with Netflix's vast library and its production arm, which has released popular titles such as "Stranger Things" and "Squid Game."
