Ted Turner, the 86-year-old media mogul and philanthropist who founded CNN, is recovering from pneumonia and “is doing well in rehab,” a spokesperson said Monday.

Ted Turner, the 86-year-old media mogul and philanthropist, is recovering after being hospitalized with pneumonia, according to reports.

Iconic media mogul Ted Turner, the founder of CNN and former owner of the Atlanta Braves, is said to be doing well in rehab following a hospitalization for pneumonia. CNN reported Monday on the health development for Turner,

CNN founder Ted Turner, 86, was treated for pneumonia in Florida, where he’s regaining his strength in a rehabilitation center.

Turner was said to be recovering at a rehabilitation center in Florida after a "mild case of pneumonia," one of his representatives told TMZ.