Ted Turner.

Ted Turner has always loved Hollywood - and now he may be spending a lot more time here.

Years ago, the media mogul bought New Line Cinema and then launched another label, Turner Pictures, before closing it down when Turner Broadcasting merged with Time Warner. Since then, as vice chairman of AOL Time Warner, he has kept a distance from the movie business.

Now Ted is back, and likely to be spotted wining and dining the stars in L.A. again. He has created an independent new production company that will make features and documentaries, based in Atlanta but also with offices in Los Angeles.

Ted Turner Pictures has no official connection to AOL Time Warner but plans to collaborate as often as possible with the larger company.

Turner's new film operation will be headed by Robert Wussler, a veteran CBS executive who also spent several years with Turner Broadcasting. It will largely make documentaries for the United Nations Foundation, the Nuclear Threat Initiative and the Turner Foundation, and also some features. Feature ideas will be pitched to Warner Bros. before other studios.