Who is the owner of CNN?
CNN has had several owners over the years. Turner Broadcasting System created the 24-hour all-news channel in 1980. In 1996, Turner Broadcasting System merged with Time Warner Entertainment, which already had a 20% stake in the company.
In early 2000, former internet giant AOL agreed to buy Time Warner in a $182 billion megadeal, one of the biggest media mergers of all time. A few years later, the company removed AOL from its name, and by 2009, it had spun off the fledgling internet site.
AT&T (T -0.66%) acquired Time Warner in 2018 and then combined WarnerMedia with Discovery in 2022. It spun off that combined company to shareholders following the merger, which created Warner Bros. Discovery.
Today, CNN is part of Warner Bros. Discovery. The leading global media and entertainment company has a portfolio of content brands across TV, film, and streaming. Its iconic brands include Discovery Channel, CNN, HBO, HGTV, OWN, TBS, and DC.