Ted Turner
Quick Facts
Biography
Robert Edward Turner III (born November 19, 1938) is an American entrepreneur, television producer, media proprietor, and philanthropist. As a businessman, he is known as founder of the Cable News Network (CNN), the first 24-hour cable news channel. In addition, he founded WTBS, which pioneered the superstation concept in cable television, which later became TBS.
As a philanthropist, he is known for his $1 billion gift to support the United Nations, which created the United Nations Foundation, a public charity to broaden U.S. support for the UN. Turner serves as Chairman of the United Nations Foundation board of directors. Additionally, in 2001, Turner co-founded the Nuclear Threat Initiative with US Senator Sam Nunn (D-GA). NTI is a non-partisan organization dedicated to reducing global reliance on, and preventing the proliferation of nuclear, chemical, and biological weapons. He currently serves as Co-Chairman of the Board of Directors.
Turner's media empire began with his father's billboard business, Turner Outdoor Advertising, which he took over in 1963 after his father's suicide. It was worth $1 million. His purchase of an Atlanta UHF station in 1970 began the Turner Broadcasting System. CNN revolutionized news media, covering the Space Shuttle Challenger disaster in 1986 and the Persian Gulf War in 1991. Turner turned the Atlanta Braves baseball team into a nationally popular franchise and launched the charitable Goodwill Games. He helped revive interest in professional wrestling by buying World Championship Wrestling (WCW).
Turner's penchant for controversial statements earned him the nicknames "The Mouth of the South" and "Captain Outrageous". Turner has also devoted his assets to environmental causes. He was the largest private landowner in the United States until John C. Malone surpassed him in 2011. He uses much of his land for ranches to re-popularize bison meat (for his Ted's Montana Grill chain), amassing the largest herd in the world. He also created the environmental-themed animated series Captain Planet and the Planeteers.
Early life
Turner was born on November 19, 1938 in Cincinnati, Ohio, the son of Florence (née Rooney) and Robert Edward Turner II, a billboard magnate. When he was nine, his family moved to Savannah, Georgia. He attended The McCallie School, a private boys' preparatory school in Chattanooga, Tennessee. Turner attended Brown University and was vice-president of the Brown Debating Union and captain of the sailing team. He became a member of Kappa Sigma. Turner initially majored in classics. Turner's father wrote saying that his choice made him "appalled, even horrified", and that he "almost puked". Turner later changed his major to economics, but before receiving a degree, he was expelled for having a female student in his dormitory room. Turner was awarded an honorary B.A. from Brown University in November 1989 when he returned to campus to give the keynote address for the National Association of College Broadcasters second annual conference.
Business career
WTBS
After leaving Brown University, Turner returned to the South in late 1960 to become general manager of the Macon, Georgia branch of his father's business. Following his father's suicide in March 1963, Turner became president and chief executive of Turner Advertising Company when he was 24 and turned the firm into a global enterprise. He joined the Young Republicans, saying he "felt at ease among these budding conservatives and was merely following in [his father]'s far-right footsteps", according to It Ain't as Easy as It Looks.
During the Vietnam War era, Turner's business prospered; it had "virtual monopolies in Savannah, Macon, Columbus, and Charleston" and was the "largest outdoor advertising company in the Southeast", according to It Ain't as Easy as It Looks. The book observed that Turner "discovered his father had sheltered a substantial amount of taxable income over the years by personally lending it back to the company" and "discovered that the billboard business could be a gold mine, a tax-depreciable revenue stream that threw off enormous amounts of cash with almost no capital investment".
In the late 1960s, Turner began buying several Southern radio stations. In 1969, he sold his radio stations to buy a struggling television station in Atlanta, UHF Channel 17 WJRJ (now WPCH). At the time, UHF stations did well only in markets without VHF stations, like Fresno, California, or in markets with only one station on VHF. Independent UHF stations were not ratings winners or that profitable even in larger markets, but Turner concluded that this would change as people wanted more than several choices. He changed the call sign to WTCG, erroneously claimed to have stood for "Watch This Channel Grow" but in actuality stood for Turner Communications Group. Initially, the station ran old movies from prior decades, along with theatrical cartoons and bygone sitcoms and drama programs. As a better syndicated product fell off the VHF stations, Turner would acquire it for his station at a very low price. WTCG ran mostly second- and even third-hand programming of the time, including fare such as Gilligan's Island, I Love Lucy, Star Trek, Hazel, and Bugs Bunny. Other low cost content included humorist Bill Tush reading the news at 3 am, prompting Turner to jokingly comment that, "we have a 100% share at this time". Tush would often read the news with his co-anchor Rex, a German Shepherd in shirt and tie. By 1972, WTCG had acquired the rights to telecast Atlanta Braves and Atlanta Hawks games. Turner would go on to purchase UHF Channel 36 WRET (now WCNC) in Charlotte, North Carolina and ran it with a format similar to WTCG.
In 1976, the FCC allowed WTCG to use a satellite to transmit content to local cable TV providers around the nation. On December 17, 1976, the rechristened WTCG-TV Super-Station began to broadcast old movies, situation comedy reruns, cartoons, and sports nationwide to cable-TV subscribers. As cable systems developed, many carried his station to free their schedules, which increased his viewers and advertising. The number of subscribers eventually reached 2 million and Turner's net worth rose to $100 million. He bought a 5,000-acre (20 km) plantation in Jacksonboro, South Carolina, for $2 million.
In 1978, Turner struck a deal with a student-operated radio station at MIT, Technology Broadcasting System (now WMBR), to obtain the rights to the WTBS call sign for $50,000. Such a move allowed Turner to strengthen the branding of his "Super-Station" using the initials TBS. Turner Communications Group was renamed Turner Broadcasting System and WTCG was renamed WTBS.
In 1976, Turner bought the Atlanta Braves, and in 1977, he bought the Atlanta Hawks, partially to provide programming for WTCG. Using the rechristened WTBS superstation's status to broadcast Braves games into nearly every home in North America, Turner turned the Braves into a household name even before their run of success in the 1990s and early 2000s. At one point, he suggested to pitcher Andy Messersmith, who wore number 17, that he change his surname to "Channel" to promote the television station.
In 1986, Turner founded the Goodwill Games with the goal of easing tensions between capitalist and communist countries. Broadcasting the events of these games also provided his superstation the ability to provide Olympic-style sports programming.
Turner Field, first used for the 1996 Summer Olympics as Centennial Olympic Stadium and then converted into a baseball-only facility for the Braves, was named after him.
CNN
In 1978, he contacted media executive Reese Schonfeld with his plans to found a 24-hour news channel (Schonfeld had previously approached Turner with the same proposition in 1977 but was rebuffed). Schonfeld responded that it could be done with a staff of 300 if they used an all electronic newsroom and satellites for all transmissions. It would require an initial investment of $15 million–$20 million and several million dollars per month to operate. In 1979, Turner sold his North Carolina station, WRET, to fund the transaction and established its headquarters in lower-cost, non-union Atlanta. Schonfeld was appointed first president and chief executive of the then-named Cable News Network (CNN). CNN hired Jim Kitchell, former general manager of news at NBC as vice president of production and operations; Sam Zelman as vice president of news and executive producer;Bill MacPhail as head of sports, Ted Kavanau as director of personnel, and Burt Reinhardt as vice president of the network. In 1982, Schonfeld was succeeded as CEO by Turner after a dispute over Schonfeld's firing of Sandi Freeman; and was succeeded as president by CNN's executive vice president, Burt Reinhardt.
Turner Doomsday Video
Turner famously stated: "We won't be signing off until the world ends. We'll be on, and we will cover the end of the world, live, and that will be our last event... we'll play the National Anthem only one time, on the 1st of June, and when the end of the world comes, we'll play Nearer, My God, to Thee before we sign off." Reportedly, Turner plans to make good on that promise. He commissioned a video recording of a military marching band playing the hymn. Turner would sometimes play the tape for reporters noting the reason he made it. In 2015, the video was found in CNN's database and leaked. The video was tagged in the database as "[Hold for release] till end of world confirmed".
Other ventures
In 1981, Turner Broadcasting System acquired Brut Productions from Faberge Inc.
After a failed attempt to acquire CBS, Turner purchased the film studio MGM/UA Entertainment Co. from Kirk Kerkorian in 1986 for $1.5 billion. Following the acquisition, Turner had amassed enormous debt and sold parts of the acquisition; Kerkorian bought back MGM/UA Entertainment. The MGM/UA Studio lot in Culver City was sold to Lorimar/Telepictures. Turner kept MGM's pre-May 1986 and pre-merger film and television library.
Turner Entertainment was established in August 1986 to oversee film and television properties owned by Turner thanks to the deal with Kerkorian.
Having now acquired MGM's library of 2,200 films made before 1986, Turner had them syndicated on his nationwide television stations. When broadcasting their older films, he aired colorized versions of ones originally shot in black-and-white. Opposition arose from cinephiles, actors, and directors to Turner's colorization efforts. Film critic Roger Ebert wrote on Turner's broadcasting of a colorized Casablanca, "that will be one of the saddest days in the history of the movies. It is sad because it demonstrates that there is no movie that Turner will spare, no classic however great that is safe from the vulgarity of his computerized graffiti gangs." Thanks in part to Turner's colorization, the Library of Congress established the National Film Registry with the aim to preserve American films in their original format.
In 1988, Turner purchased Jim Crockett Promotions which he renamed World Championship Wrestling (WCW) which became the main competitor to Vince McMahon's World Wrestling Federation (WWF). This rivalry became known as the Monday Night Wars, and would last throughout the 1990s. In 2001, under AOL Time Warner, it was sold to the World Wrestling Federation.
Also in 1988, he introduced Turner Network Television (TNT) with Gone with the Wind. TNT, initially showing older movies and television shows, added original programs and newer reruns. Turner would later create Turner Classic Movies (TCM) in 1994, airing Turner's pre-1986 MGM library of films alongside those of Warner Bros. made before 1950, though it has expanded its library since.
In 1989, Turner created the Turner Tomorrow Fellowship for fiction offering positive solutions to global problems. The winner, from 2500 entries worldwide, was Daniel Quinn's Ishmael.
In 1990, he created the Turner Foundation, which focuses on philanthropic grants concerning issues pertaining to the environment and overpopulation. In the same year he created Captain Planet, an environmental superhero. Turner produced the television series Captain Planet and the Planeteers and its later sequel series with Captain Planet as the featured character.
In 1992, the pre-May 1986 MGM library, which also included Warner Bros. properties including the early Looney Tunes and Merrie Melodies libraries and also the Fleischer Studios and Famous Studios Popeye cartoons from Paramount (and then United Artists), became the core of Cartoon Network. A year before, Turner's companies purchased Hanna-Barbera Productions (whose longtime parent, Taft/Great American Broadcasting, had been headquartered in Turner's original hometown of Cincinnati), beating out several other bidders including MCA Inc. (whose subsidiaries included Universal Pictures and Universal Parks & Resorts) and Hallmark Cards. With the 1996 Time Warner merger, the channel's archives gained the later Warner Bros. cartoon library as well as other Time Warner-owned cartoons.
In 1993, Turner and Russian journalist Eduard Sagalajev founded the Moscow Independent Broadcasting Corporation (MIBC). This corporation operated the sixth frequency in Russian television and founded the Russian channel TV-6. The company was later purchased by Russian businessman Boris Berezovsky and an unknown group of private persons. In 2007 the license for TV-6 had expired and there was no application for renewal.
Time Warner merger
Turner Broadcasting System, Inc. merged with Time Warner, Inc. on October 10, 1996, with Turner as vice chairman and head of Time Warner and Turner's cable networks division. Turner was dropped as head of cable networks by CEO Gerald Levin but remained as Vice Chairman of Time Warner. He resigned as Time Warner vice chairman in 2003 and then from the board of directors in 2006.
On January 11, 2001, Time Warner was purchased by AOL to become AOL Time Warner, a merger which Turner initially supported. However, the burst of the dot-com bubble hurt the growth and profitability of the AOL division, which in turn dragged down the combined company's performance and stock price. At a board meeting in fall 2001, Turner's outburst against AOL Time Warner CEO Gerald Levin eventually led toLevin's announced resignation effective in early 2002, being replaced by Richard Parsons. In contrast to Levin, who as CEO isolated Turner from important company matters, Parsons invited Turner back to provide strategic advice, although Turner never received an operational role that he sought. The company dropped "AOL" from its name in October 2003. In December 2009, AOL was spun off from the Time Warner conglomerate as a separate company.
Turner was Time Warner's biggest individual shareholder. It is estimated he lost as much as $7 billion when the stock collapsed in the wake of the merger. When asked about buying back his former assets, he replied that he "can't afford them now". In June 2014 Rupert Murdoch's 21st Century Fox made a bid for the company valuing it at $80 billion. The Time Warner board rejected the offer and it was formally withdrawn on August 5, 2014.
Rivalry with Murdoch
Turner had a long-running feud with fellow cable magnate Rupert Murdoch for years. This originated in 1983 when a Murdoch-sponsored yacht collided with the yacht skippered by Turner, Condor, during the Sydney to Hobart Yacht Race, causing it to run aground 6.2 miles (10.0 km) from the finish line. At the post-race dinner, a drunken Turner verbally assaulted Murdoch, afterward challenging him to a televised fistfight in Las Vegas.
Murdoch's Fox News, established in 1996, became a rival to Turner's CNN to which Murdoch held disdain for its "liberal slant" in news coverage. Time Warner declined to carry it on their New York City cable network in response, who in the midst of a merger, Turner said would "squash Rupert Murdoch like a bug."
In 2003, Turner challenged Murdoch to another fistfight, and later on accused Murdoch of being a "warmonger" for his support and backing of President George W. Bush's invasion of Iraq.
However, revealing in an interview with Variety in 2019, Turner said he and Murdoch have since made amends.
Atlanta Braves
For most of his first decade as owner of the Braves, Turner was a very hands-on owner. This peaked in 1977, his second year as owner.
Turner was suspended for one year by Commissioner of Baseball Bowie Kuhn on January 3, 1977, for his actions while pursuing the signing of free agent outfielder Gary Matthews from the San Francisco Giants.Matthews signed a five-year, $1.875 million contract with the Braves on November 18, 1976.Kuhn's actions stemmed from remarks made by Turner to then-Giants owner Bob Lurie during the 1976 World Series.In addition, the Braves were also stripped of their first-round selections in the June 1978 draft of high school and college players.Turner, however, successfully appealed the suspension and Kuhn relented and reinstated the draft selections, one of which would turn out to be Bob Horner from Arizona State University.
On May 11, 1977, with the team mired in a 16-game losing streak, Turner sent manager Dave Bristol on a 10-day "scouting trip" and Turner himself took over as interim manager—the first owner/manager in the majors since Connie Mack. He ran the team for one game (a loss to the Pittsburgh Pirates) before National League president Chub Feeney ordered him to stop running the team. Feeney cited major league rules which bar managers and players from owning stock in their clubs. Turner appealed to Commissioner of Baseball Bowie Kuhn, and showed up to manage the Braves when they returned home. However, Kuhn turned down the appeal, citing Turner's "lack of familiarity with game operations."
In the mid-1980s Turner began leaving day-to-day operations to the baseball operations staff, and in 1995 the team (still under Turner's ownership) won the World Series.
The Atlanta Braves were sold by Time Warner (which had assumed control after the merger with Turner Broadcasting) to Liberty Media in 2007.
Awards and honors
- 1984: Golden Plate Award of the American Academy of Achievement
- 1989: Paul White Award, Radio Television Digital News Association
- 1990: Walter Cronkite Award for Excellence in Journalism.
- 1991: Time magazine's Man of the Year.
- 1991: Television Hall of Fame inductee
- 1991: Audubon medal from the National Audubon Society
- 1995: World Series winner (as owner of the Atlanta Braves)
- 1996: Atlanta Braves home ballpark (1996-2016) named Turner Field
- 1997: Peabody Award winner
- 1999: Edison Achievement Award for his commitment to innovation throughout his career
- 2000: Edward R. Murrow Award for Lifetime Achievement in Communication
- 2001: Albert Schweitzer Gold Medal for Humanitarianism
- 2004: Star on the Hollywood Walk of Fame
- 2004: Commemorative banner at State Farm Arena honoring his tenure as owner of the Atlanta Hawks
- 2013: Lone Sailor Award, which recognizes Navy, Marine and Coast Guard veterans who have distinguished themselves in their civilian careers (Turner is a Coast Guard veteran).
- Two-time Emmy Award winner
- Lifetime Achievement - Sports (2014)
- Lifetime Achievement - News & Documentary (2015)
Politics
On September 19, 2006, in a Reuters Newsmaker conference, Turner said of Iran's nuclear position: "They're a sovereign state. We have 28,000. Why can't they have 10? We don't say anything about Israel—they've got 100 of them approximately—or India or Pakistan or Russia."
A proponent of healthcare reform bills, Turner has said: "We’re the only first-world country that doesn't have universal healthcare and it's a disgrace."
In 2010, during the wake of both the devastating Deepwater Horizon environmental disaster and the Upper Big Branch Mine disaster that killed 29 miners in West Virginia, Turner stated on CNN that "I'm just wondering if God is telling us He doesn't want to drill offshore. And right before that, we had that coal mine disaster in West Virginia where we lost 29 miners... Maybe the Lord's tired of having the mountains of West Virginia, the tops knocked off of them so they may get more coal. I think maybe we ought to just leave the coal in the ground and go with solar and wind power and geothermals..."
Turner endorsed Democratic candidate Hillary Clinton in the run-up for the 2016 U.S. presidential election. In 2018 he revealed he had once considered a run for president when he was married to Jane Fonda, who told him she'd leave him if he did.
Curbing population growth
Along with advocating for clean water and improved stewardship of the land, Turner established the Turner Foundation to address ways to curb population growth. Turner has put $125M of his own money into the foundation and has set aside $6M per year to address population growth rates. Addressing the issue at a Montana gathering in 1996 he said "I'm not talking about getting rid of anybody here, I've got 5 children myself." He went on to discuss hunger and poverty and ways to address those issues.
In 2009 Turner met with other business moguls to include Oprah Winfrey, Bill Gates, George Soros and David Rockefeller to address issues ranging from the environment to healthcare. The group also addressed population growth with discussion of vaccines and immunization efforts being criticized due to the perception that decision making and public policy could be directed by a handful of elites. Although no formal statement was released, the event was covered by Paul Harris for The Guardian.
Controversial comments
Turner once called observers of Ash Wednesday "Jesus freaks", though he apologized, and dubbed opponents of abortion "bozos".
In 1999, Turner made a joke about Polish mine detectors when asked about Pope John Paul II. After a harsh response from the Polish deputy foreign minister Radek Sikorski, Turner apologized.
In 2002, Turner accused Israel of terror: "The Palestinians are fighting with human suicide bombers, that's all they have. The Israelis ... they've got one of the most powerful military machines in the world. The Palestinians have nothing. So who are the terrorists? I would make a case that both sides are involved in terrorism." He apologized for that and the remarks in 2011 about the 9/11 hijackers, but also defended himself: "Look, I'm a very good thinker, but I sometimes grab the wrong word ... I mean, I don't type my speeches, then sit up there and read them off the teleprompter, you know. I wing it."
In a September 2005 interview with CNN's Wolf Blitzer, by contrast, Turner found North Korea and its leader Kim Jong-il worthy of praise after visiting the country the previous month: "I am absolutely convinced that the North Koreans are absolutely sincere. … You know, just because somebody's done something wrong in the past doesn't mean they can't do right in the future or the present. That happens all the, all the time. … in the pictures that I've seen of him [Kim Jong-il] on CNN, he didn't look too much different than most other people. … I saw a lot of people over there. They were thin and they were riding bicycles instead of driving in cars, but … I didn't see any brutality…"
Turner caused a stir in Montana in 2003 by funding a project to restore westslope cutthroat trout to Cherry Creek and Cherry Lake. The controversy stemmed from the poison antimycin used to kill the other fish in the stream to make way for the trout.
In 2008, Turner explained he not only regretted these statements but said he had made peace with organized religion and had worked with the Evangelical Lutheran Church in America, the Lutheran Church–Missouri Synod and the United Methodist Church to fight malaria. In a 2008 MSNBC interview, Turner stated that he no longer considers himself atheist or agnostic, and prays for sick friends, but keeps it short because "I don't want to load up the wires."However, in 2013 he declared himself still to be agnostic, saying that he still prays for friends when they are sick, because "it can't hurt anything".
Also in 2008, Turner asserted on PBS's Charlie Rose television program that if steps are not taken to address global warming, most people would die and "the rest of us will be cannibals". Turner also said in the interview that he advocated Americans having no more than two children. In 2010, he stated that China's one-child policy should be implemented.
Turner claims to have predicted the demise of newspapers 30 years ago and has called print journalism an "obsolete way of distributing information". Turner also became more critical of media consolidation around 2004. He expressed some regret that he took advantage of the relaxed rules that allowed greater concentration of media ownership, and raised concerns about the quality of information and debate in an environment where the news is controlled by only a few corporations and individuals.
Turner Enterprises
Turner Enterprises, Inc. (TEI) is a private American company that was founded in 1976 and manages the business interests, land holdings and investments of Ted Turner, including the oversight of Turner's 24 properties across the U.S. and Argentina. At two million acres of personal and ranch land, Turner is the second-largest landowner in North America. He owned 19 ranches - 16 in the western U.S. and three in Argentina.In January 2016, the Osage Nation bought Turner's 43,000 acre (170 km) Bluestem Ranch in Osage County, Oklahoma. Turner had purchased the property in 2001 primarily to raise bison.
Through Turner Enterprises, he owns ranches in Kansas, Montana, Nebraska, New Mexico, Oklahoma, and South Dakota. Totaling 1,910,585 acres (7,731.86 km), his land-holdings across America make Turner one of the largest individual landowners in North America (by acreage).
TEI ranches are primarily used for bison ranching. His bison herd of approximately 51,000 is the largest private herd in the world - is present on 15. The company's mission statement is "To manage Turner lands in an economically sustainable and ecologically sensitive manner while promoting the conservation of native species." Other important wildlife species on the property include whitetail deer, wild turkey and bobwhite quail. In addition to bison ranching, TEI ranches are also used for commercial fishing and hunting, as well as limited sustainable timber harvesting, as well as eco-tourism on the New Mexico ranches. His biggest ranch is Vermejo Park Ranch in New Mexico. At 920 square miles (2,400 km), it is the largest privately owned, contiguous tract of land in the United States.
TEI works closely with Turner’s philanthropic and charitable interests, including the founding and ongoing operations of the United Nations Foundation, Nuclear Threat Initiative, Turner Foundation, Planet Foundation], and the Turner Endangered Species Fund. Turner Enterprises is headquartered in the Turner Building (formerly the Bona Allen Office Building) in Atlanta, Georgia, also home to the Ted's Montana Grill restaurant chain, Ted Turner ReservesandTurner Renewable Energy. In 2011, Ted Turner and TEI completed construction of a 25-panel solar array in the company's parking lot, which provides solar power to the Turner Building and its businesses
Chaired by Turner, TEI's executive leadership also includes CEO & President S. Taylor Glover
Personal life
Turner has been married and divorced three times: to Judy Nye (1960–64), Jane Shirley Smith (1965–88), and actress Jane Fonda (1991–2001). He has five children. In a television interview with Piers Morgan on May 3, 2012, Turner said he had four girlfriends, which he acknowledged was complicated but nonetheless easier than being married. One of Turner's children, Robert Edward "Teddy" Turner IV, announced on January 23, 2013, that he intended to run in the South Carolina Republican primary for the open Congressional seat vacated by Tim Scott who was appointed to the US Senate. Turner's son came in 4th, receiving 7.90% of the vote.
In 2010, Turner joined Warren Buffett's and Bill Gates's The Giving Pledge, vowing to donate the majority of his fortune to charity upon his death. Turner sponsors the public forum debate of the National Forensic League.
In the 1993 biography It Ain't As Easy as It Looks by Porter Bibb, Turner discussed his use of lithium and struggles with mental illness. The 1981 biography Lead, Follow or Get Out of the Way by Christian Williams chronicles the founding of CNN. In 2008, Turner wrote Call Me Ted, which documents his career and personal life.
In an interview on CBS Sunday Morning in 2018, Turner revealed he is suffering from Lewy body dementia.
Sailing
When Turner was 26, he entered sailing competitions at the Savannah Yacht Club and competed in Olympic trials in 1964. He first attempted to win the America's Cup in 1974, in a losing attempt at the defender's trials, aboard Mariner. He appeared on the cover of Sports Illustrated on July 4, 1977, after being chosen to lead the 1977 America's Cup defense as skipper of the yacht Courageous. He had been asked to join the America's Cup defense group formed by Lee Loomis and Ted Hood. That group had Courageous and planned to build another yacht, Independence, to be designed and sailed by Hood. But Courageous proved to be the faster boat. On September 18, 1977, he successfully defended the America's Cup, defeating Australia 4–0. He was inducted into the America's Cup Hall of Fame in 1993, and the National Sailing Hall of Fame in 2011.
In the 1979 Fastnet race, in a storm that killed 15 participants, he skippered Tenacious to a corrected-time victory.
Legacy
Turner has been regarded as one of the entrepreneurs whotransformed the cable industry and being referred to as "Alexander the Great of broadcasting".
"While Turner has been described as a "valiant liberator" and cast the networks as oppressive scoundrels, in content his programming fell short of inspiring. His network was built on sitcom reruns, old movies, cartoons, and Atlanta Braves games. He found an audience for classics of a bygone time, along with slightly down-market content like professional wrestling. Nonetheless, he would find glorious terms even for retreads and junk, claiming to be pulling America back to television's golden age: “I want to get it back to the principles” he once said, “that made us good.” Nostalgic, Manichean, and boot-strappy: like programmer, like programming". "The cable industry boomed in the late 1970s and early 1980s, as nearly a dozen cable networks launched based on the Turner model. They include much of what we now consider the staples of cable TV, including ESPN, MTV, Bravo, Showtime, BET, the Discovery Channel, and the Weather Channel. Those are the better-known channels only by virtue of having survived; others, such as ARTS, CBS Cable, and the Satellite News Channel, folded or were acquired by other companies".
Bob Hope who is co-owner and president of Hope-Beckham, an independent agency based in Atlanta that previously worked for Turner in his networks, has described that "Ted Turner was special. His vision and his determination and his unwillingness to quit were infectious. He was willing to start small and had the persistence and patience to make his ideas grow". Hope also further reiterated that "In some ways, he was outrageous, but in most ways he was remarkable. He had great passion for doing what was right for the world. He stated his dream of using communication to bring peace, to tell both sides of any story, that 'one man’s terrorist is another man’s freedom fighter.' If he could get people to understand each other, there would be no wars. His vision was bold and infectious. His Goodwill Games, his creation of the UN Foundation, and his approach to news on the original CNN were passions for peace".
Professional wrestling promoter and former Senior Vice President of WCW second in charge after Turner, Eric Bischoff praised Turner claiming "He was an inspirational leader, he was a risk taker, he appreciated people who took risks, he was not afraid of failure while most people are. Ted was not afraid to fail, he was more afraid of not trying and not conquering that next horizon.”
On June 24, 1999, Vince McMahon stated on Late Night with Conan O'Brien: "All I’ll say about Ted is he’s a son-of-a-bitch, other than that, he’s probably not a bad guy, but I don’t like him at all". Later in 2021, McMahon stated the "situation where ‘rising tides’ because that was when Ted Turner was coming after us with all of Time Warner’s assets as well”.