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TIME: Almanac 1993
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TIME Almanac 1993.iso
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111191
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1992-08-28
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BUSINESS, Page 73Business NotesENTERTAINMENTYabba-Dabba Deal!
Even his detractors will now be forced to admit it: Ted
Turner is smarter than the average bear. The Atlanta-based media
mogul already owns the intrepid cable news network CNN, TNT, a
planet-wide TV empire and the MGM film library, with its 2,200
movies, including such crowd-pleasing classics as Citizen Kane,
Casablanca and Gone With the Wind. Last week his Turner
Broadcasting System announced the acquisition of a new mother
lode of small-screen gems: Hanna-Barbera Productions, creators
of the animated adventures of the prehistoric Flintstones, the
futuristic Jetsons and the Great American Mammal, Yogi Bear.
TBS and partner Apollo Investment Fund shelled out $320
million for the studio -- and perhaps more important, its 3,000
half-hours of cartoon programming. Going back to the 1950s, the
treasure trove could form the basis of a long-standing Turner
dream: a worldwide all-cartoon channel.