History of CNN (1980–2003) History of CNN (1980–2003) Cable News Network (CNN), an American basic cable and satellite television channel that is owned by the Turner Broadcasting System division of Time Warner, was founded in 1980 by Ted Turner and 25 other original members, who invested $20 million into the network. Upon its launch, CNN became the first channel to provide 24-hour television news coverage, and was the first all-news television network in the United States. This article discusses the history of CNN, beginning with the June 1980 launch of the channel. Four years before CNN's launch, in December 1976, Ted Turner turned his
CNN the Russian government. While CNN did not publish the dossier, Trump criticized the network during a press conference the following day, and refused to take a question from CNN reporter Jim Acosta, claiming that the network was "fake news". On June 26, 2017, CNN investigative journalists Thomas Frank, Eric Lichtblau, and Lex Haris voluntarily resigned after the network retracted an online article which incorrectly connected Trump aide Anthony Scaramucci to a $10 billion Russian investment fund. The network apologized to Scaramucci and admitted that the online story did not meet their editorial standards. Zucker responded by stressing that the network