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In 2004, eight years after he’d sold CNN to Time Warner, Ted Turner, the
network’s founder, sounded an alarm about the dangers of corporate
ownership of news organizations. Mr. Turner wrote that in his day, “we put
journalism first, and that’s how we built CNN into something the world
wanted to watch.” In his view, “quarterly earnings obsessed” corporate
owners would not have the same priorities because “the emphasis instantly
shifts from taking risks to taking profits.” |
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