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Ted Turner's Legacy & Business Shifts: Media Sales, Taxes, and Political Wins

Wall Street Journal US Business •
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Ted Turner, the media mogul and philanthropist, passed away at 87, leaving a legacy in TV, sports, and conservation. His empire, Turner Broadcasting System, was sold to WarnerMedia in 2000 for $7.5 billion, reshaping the media landscape. Meanwhile, new taxes on second homes are rising in states like Florida and Texas, targeting vacation properties to fund local budgets. President Trump secured key Senate primary wins in Ohio and Florida, bolstering Republican control ahead of 2026 elections. New York theaters are reviving Euripides' plays, drawing attention to classical Greek drama. India's West Bengal voted overwhelmingly for Narendra Modi's BJP, a Hindu nationalist party, signaling political realignment. Stanley Black & Decker shuttered its Connecticut tape-measure plant due to cheaper overseas production.

Publishers like Cengage, Hachette, and Macmillan share a focus on digital education platforms. In BritBox's *Emma*, Ella Bruccoleri portrays Mary Bennet, sister to the novel's protagonist. Spirit Airlines executives finalized a bankruptcy exit plan to avoid collapse. These stories highlight shifts in media, taxation, politics, and culture.