The unveiling ceremony will feature appearances by actor Jeff Daniels and Turner Classic Movies host Robert Osborne. Plans also call for appearances by stars from the "golden age" of MGM musicals, including Betty Garrett and Margaret O'Brien.
Turner served as president and chief operating officer of his own advertising company -- now Turner Broadcasting System -- from 1963 until the company merged with Time Warner in 1996. He branched out from advertising to TV in 1970 when he bought an Atlanta TV station.
In 1976, he pioneered the concept of the TV "superstation," by sending the station's signal by satellite to cable systems throughout the country. He launched CNN in 1980, pioneering round-the-clock news on TV.
TBS acquired the MGM library of film and TV properties in 1986, then launched Turner Network Television in 1988. Turner Broadcasting merged with New Line Cinema in 1994.