In June 1980, American billionaire Ted Turner created the Cable News Network, thus starting 24-hour cable news. Turner founded news bureaus in a number of major cities throughout the world. The live news feed was transmitted via satellite.
Richert, Lucas Paul. "Cable News Network launched". The Literary Encyclopedia. First published 01 October 2008
[http://www.litencyc.com/php/stopics.php?rec=true&UID=3722, accessed 19 May 2013.]