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Company type | Subsidiary |
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Industry | Entertainment |
Founded | August 2, 1986 |
Founder | Ted Turner |
Area served | Worldwide |
Products |
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Number of employees | 137+ (2020) |
Parent |
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Divisions |
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Subsidiaries |
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Turner Entertainment Company[1] is an American multimedia company founded by Ted Turner on August 2, 1986. Purchased by Time Warner Entertainment on October 10, 1996, as part of its acquisition of Turner Broadcasting System (TBS), the company was largely responsible for overseeing the TBS library for worldwide distribution. In recent years, this role has largely been limited to being the copyright holder, as it has become an in-name-only subsidiary[1] of Warner Bros., which currently administers their library.[2]