The company has gifted $550,000 to the university to create the Ted Turner Scholarship Fund, for students attending the school’s Grady College of Journalism and Mass Communication, which is also the home of the Peabody Awards. The Ted Turner Maverick Internship at WarnerMedia will be administered in connection with Grady College. And the school will soon feature the Ted Turner Exhibition Hall & Gallery that will be part of the university library’s Russell Special Collections Building.
News of WarnerMedia’s donation came on the same day that the company formally dedicated its Techwood campus in Atlanta to the founder of CNN, TNT, TBS, Cartoon Network, Turner Classic Movies and other pioneering cable assets. WarnerMedia predecessor Time Warner acquired Turner Broadcasting System in 1996 for $7.5 billion. AT&T scooped up Time Warner in June 2018 for $84.5 billion.
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