The cable news channel may not be the ratings juggernaut it once was, but it matters to President Trump, and David Ellison will badly need its cashflow to pay down its major debt load.

Fox News, MS NOW and CNN are using profitable linear TV businesses to invest in streaming, memberships and digital products.

It began in the woods. A kernel of an idea to create CNN came to Ted Turner as he was taking a walk through nature, as former chief operating officer Steve Korn remembers it. Cable and satellite ...