Time Warner Pays Tribute to Turner


Time Warner Inc. devoted the early part of its annual meeting of shareholders in Atlanta Friday to former vice chairman and cable pioneer Ted Turner, presenting a video of Turner’s accomplishments ranging from the creation of TBS Superstation to CNN. Turner -- who said in February that he would not seek re-election to Time Warner’s board of directors -- kept his comments at his last shareholders’ meeting uncharacteristically brief.

After Time Warner chairman Richard Parsons read a pronouncement from the board praising Turner’s accomplishments, Turner took the stage, first thanking all of the people who helped to put together the five-minute video tribute.

“I have been with the company and its successors for 55 years now,” Turner said. “I just wished that the last five years, I could have made a bigger contribution. I didn’t have that opportunity, unfortunately, but I hung in there as long as the company, I felt, needed me -- until the class-action lawsuits and the antitrust problems were resolved.”

He continued, “I’ve done my best and, like Edward R. Murrow said in that great Warner Bros. movie that was just released a month ago, good night and good luck.”