Ted Turner mulled conservative HLN

But decided news network should not 'rant or rave'

CNN founder Ted Turner thought about making Headline News, now known as HLN, into a conservative alternative to CNN years before Rupert Murdoch's News Corp. launched the Fox News Channel, according to the Atlanta Journal Constitution.

After all, he thought the biggest threat to CNN would come from "a right-wing news alternative," the paper on Thursday quoted him as saying during an appearance at Galloway School in Atlanta Wednesday.

However, Turner decided against the idea, because "I did not want to rant or rave -- one way or the other," Turner told students, teachers and parents, according to the report.

The paper highlighted that Fox News has dominated ratings.

Talking about his biggest mistake during his media career, Turner mentioned that the AOL-Time Warner merger caused him the most pain. The "disastrous idea" had him skeptical, and he lost most of his fortune in the deal, he echoed previous comments on the merger.

Turner was at the school to talk about fearlessness.

But he said fear drove him more than anything, and humor is a key ingredient to life.

"I was scared all the time," he said, according to the newspaper. "I was afraid of losing so much so that I worked so hard, I won." [Related: David Letterman mocks Fox on Top 10 List. Watch below:]