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Owner of CNN. CNN is technically owned by Turner Broadcasting System, Inc. (TBS). This means that, unsurprisingly, CNN is owned by Ted Turner, who of course founded and owns the collection of cable networks. Today TBS owns many channels domestically and internationally, along with many popular websites (such as SI.com, NBA.com, etc.). Ted Turner. Turner is the man behind TBS and thus CNN.
However, these top 10 networks remain to be the biggest in terms of value. Founded by media tycoon Ted Turner, Cable News Network (CNN) has grown from being the first channel able to provide news coverage 24 hours a day, to having international news counterparts in key cities around the globe.