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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.
Had the deal worked out, 21st Century Fox would have acquired Time Warnerâs impressive cable channel business, which includes the HBO, TNT and TBS network, as well as Fox Newsâ main competitor: CNN. According to CNN, which is owned by Time Warner, execs were â prepared to fight â any takeover attempt by Murdoch. Already, 21st Century Fox controls the Fox and FX networks, along with a stable of Hollywood studios and other entities.