High Quality Content by WIKIPEDIA articles! Turner Broadcasting System, Inc. (often abbreviated TBS Networks, TBS, Inc. or simply Turner) is the Time Warner subsidiary managing the collection of cable networks and properties started and acquired by Robert Edward "Ted" Turner starting in the mid-1970s. The company has its headquarters in the CNN Center in Atlanta, Georgia. TBS, Inc. merged with Time Warner on October 10, 1996, and now operates as a semi-autonomous unit of Time Warner. This would be Time Warner`s second foray into cable broadcasting, after owning the Warner-Amex Satellite Entertainment Company through Warner Communications before selling it to MTV Networks in 1987.