Turner Co. To Spend $72 Million
ATLANTA (AP) _ Turner Broadcasting System Inc. announced plans Wednesday for two major Atlanta projects _ construction of a production facility and renovation of its CNN Center.
The projects, which represent a total $72 million in costs, also serve as reassurance that TBS will continue to grow in Atlanta despite its acquisition by Time Warner Inc., of which it is now a subsidiary.
``Turner Broadcasting has been a partner in Atlanta’s growth for more than 25 years. These new construction projects further demonstrate our company’s continued commitment to the our city,″ said Terence McGuirk, chairman and chief executive of TBS.