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CNN was founded in 1980 and was the first news company to deliver 24-hour news in America.
The 24 hour news channel was established by the Ted Turner and 25 other original members.They 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. After five years, CNN outgrew its original home, a former country club on the outskirts of Midtown Atlanta.Broadcast coverage extends to over 890,000.American hotel rooms,and the U.S broadcast is also shown in Canada.
Globally, CNN programming airs through CNN International, which can be seen by viewers in over 212 countries and territories.In terms of regular viewers (Nielsen ratings),CNN rates as the United States’ number two of cable news channel and has the most unique viewers (Nielsen Cume Ratings).In 1985, Turner purchased the Omni International hotel from Canadian real estate tycoon. Nelson Skalbania and moved CNN’s headquarters to the building, rechristening the complex as the CNN Center. As Omni International, the complex had never succeeded. Cousins sold it to Turner, along with the Atlanta Hawks NBA franchise.CNN moved into the end of the tower that once housed The World of Sid and Marty Krofft. Turner was instrumental in the revival of Atlanta’s downtown.
CNN is sometimes referred to as CNN/U.S. to distinguish the American channel from its international counterpart, CNN International. As of August 2010, CNN is available in over 100 million U.S. households.
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