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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.
This week, the incomparable Cleveland Cavaliers are owned by LeBron James. is the owner of the Cleveland Cavaliers...... Quicken Loans founder Dan Gilbert is the owner of the Cavaliers, but this is LeBron's team, his city (even though he is actually from Akron), his region and his state. It is not a good thing when a player, no matter who that player is, has more power than the coach, GM and owner.