R.E. 'Ted' Turner
1938: Born in Cincinnati.
1963: Became president and chief operating officer of Turner Advertising, an outdoor advertising company.
1970: Purchased WJRJ, a small television station in Atlanta.
1976: Station began transmitting to cable systems via satellite. That same year, the station purchased the Atlanta Braves.
1977: The station purchased the Atlanta Hawks.
1980: Launched CNN.
1982: Launched CNN Headline News.
1986: Turner acquired MGM film library for $1.2 billion and announced plans to colorize some of the black-and-white films in the library.
1988: Turner Network Television launched.
1996: Time Warner merged with Turner Broadcasting System.
2001: Time Warner merged with AOL.
2003: Turner resigned as vice chairman of AOL Time Warner. He called the combination of AOL and Time Warner a "big mistake." Later that year, he sold more than half his stock in the company.
Yesterday: Turner announced that he would not seek reelection to Time Warner's board of directors.