High Quality Content by WIKIPEDIA articles! The Cable News Network was founded in 1980 by Ted Turner and 25 other original members, who invested $20 million into the network. Upon its launch, CNN was the first station to provide 24-hour television news coverage, and the first all-news television network in the United States. While the news network has numerous affiliates, CNN primarily broadcasts from its headquarters at the CNN Center in Atlanta, the Time Warner Center in New York City, and studios in Washington, D.C. and Los Angeles. CNN is owned by parent company Time Warner, and the U.S. news network is a division of the Turner Broadcasting System.