NPR's Tune In To 'Up All Night' For The Story Of Daniel Schorr And The Birth Of CNN includes the following about the beginnings of Cable News Network
On CNN's rocky debut:
There were so many obstacles. A satellite went missing. [Avid sailor] Ted went missing at sea. He couldn't necessarily raise the money that was necessary.
Question: What "missing satellite" was part of the story of CNN's debut? Was it a communications satellite? Did it really go missing?