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CNN TÜRK

CNN Türk was founded in 1999 by Doğan Media Group and Turner International. In 2018, it was sold to Demirören Group who has close ties with the government and President Erdoğan.

Key facts

Audience Share

1.02

Ownership Type

Private

Geographic Coverage

National

Content Type

Free content

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups

Demirören Group

Ownership

Voting Rights

According to Article 434 of Turkish Commercial Code, shareholders in corporations ('Anonim Şirket’) use their voting rights in proportion with their shares’ nominal value. Each shareholder has at least one vote, however voting rights might be limited, or given more weight with articles of association. Moreover, public companies may issue shares without voting rights according to Article 14/A of Capital Markets Law.

Individual Owner

Media Companies / Groups
Facts

General Information

Founding Year

1999

Founder

Aydın Doğan

Affiliated Interests Founder

Aydın Doğan is the founder and honorary chairman of Doğan Holding. He founded his first industrial company in 1974. He became a publisher with the acquisition of Milliyet in 1979 and later on Hürriyet in 1994. He established Aydın Doğan Foundation in 1996. He hit with a record $2.5bn tax fine, sending its shares down 20 per cent after a year-long confrontation with President Recep Tayyip Erdoğan. After Erdoğan went online on Doğan Media's CNN Türk during the coup attempt (15 July 2015), and called the people of Turkey to the streets to resist the military, relations between the government and the company seemed to get smoother.

Ceo

Mehmet Soysal

Affiliated Interests Ceo

Mehmet Soysal (Elazığ, 1964) was graduated from Mimar Sinan Fine Arts University and Anadolu University. Later he continued his education in Political Science at Preston University and in law at European University. He began his proffesion in TGRT channel and worked as editor, local news director. He worked as vice chairman at TGRT and Ihlas Holding. In 2010, he began to work as principal consultant at Demirören Conglomerate for two years. He also sits on the Board of Directors and he is CEO of Demirören Medya Grup since April 2018.

Editor-In-Chief

Bora Bayraktar

Affiliated Interests Editor-In-Chief

Bora Bayraktar received his PHD degree in International Relations at Marmara University. He served as a managing editor of the İnternational Desk at CNNTURK from 1999 to 2008. Then he pursued same position at ATV Channel from 2009 to 2011. Until 2016 he served as a representative for Euronews. He then became General Manager of CNNTURK after it was sold to Demirören Group in 2018.

Other Important People

Erdoğan Aktaş, Erdem Seçkin

Affiliated Interests other important people

Erdoğan Aktaş and Erdem Seçkin are board members

Contact

Address: Demirören Medya Center 100. Yıl Mah. 2264 Sok. No:1 34218 Bağcılar/İstanbul- Website: www. cnnturk.com.tr

Financial Information

Revenue (in Mill. $)

MD

Operating Profit (in Mill. $)

MD

Advertising (in % of total funding)

MD

Market Share

MD

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