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in a station at the metro by ezra pound

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This is a two page essay on Ted Turner. It discusses how he has monopolized/controlled his business, how he changed competition, how he became so powerful, and how he improved or changed the existing business.

... a highly profitable innovation that accelerated the growth of cable television nationwide. In 1976, Turner bought the Atlanta Braves baseball team and the Atlanta Hawks basketball team the in 1977. That same year he skippered the winning yacht Courageous in the America’s Cup Race against Australia (https://encarta.msn.com/find/Concise.asp?ti=0170E000).
As if those achievements were not enough, in 1980 Turner launched Cable News Network, CNN. This was the first twenty-four hour television news station. This station literally changed the way we watch the news forever. Its live coverage of fast-breaking news brought the world events into living rooms round the clock (https://encarta.msn.com/find/Concise.asp?ti=0170E000). No longer did people have to wait until the half hour evening news to find out what was happening in the world. All they had to do was turn on CNN. For years, CNN was the only twenty-four hour a day seven days a week news station. Never had there been an entire television station devoted to only news. Many people said it wouldn’t last, that the general public did not want to watch the news twenty-four hours a day. However, CNN became a highly respected news organization and ...

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