Ted Turner, the founder of CNN and pioneering media entrepreneur, died at 87, according to announcements on Wednesday. The launch of CNN in 1980 revolutionized news broadcasting by introducing 24-hour cable news coverage, setting a new standard for real-time reporting worldwide, particularly during events like the 1990–1991 Gulf War.

Turner built his media empire through Turner Broadcasting System, which included TBS, TNT, Turner Classic Movies, and Cartoon Network. He merged his company with Time Warner in 1996, becoming vice chairman, though the later AOL-Time Warner merger led to significant financial losses. Turner also owned the Atlanta Braves, Hawks, and Thrashers, and won the 1977 America’s Cup as a yachtsman.

A noted philanthropist, Turner donated $1 billion to the United Nations in 1998 to establish the UN Foundation and supported environmental causes through the Turner Foundation, which has distributed nearly $380 million. He was named Time magazine’s Man of the Year in 1991 and launched the Goodwill Games to ease Cold War tensions.

Family and official representatives confirmed his death, though no immediate details on cause or ceremony were released. Tributes from global media and political leaders are expected in the coming days.