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Key facts

Audience Share


Ownership Type


Geographic Coverage


Content Type


Data Publicly Available

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

2 ♥

Media Companies / Groups

Demirören Group


Ownership Structure


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

General Information

Founding Year



Ali Naci Karacan

Affiliated Interests Founder

Milliyet Daily was founded by veteran journalist and publisher Ali Naci Karacan (1896-1955). He was among the founders of Akşam in 1918 and founded İkdam, Tan, Politika, İnkılâp and Bugün newspapers. Milliyet was the last newspaper he founded, it was published first in 1950. His son Ercüment Karacan took over when he passed away in 1955 and sold the newspaper in 1979. Ali Naci Karacan's family is still in the publishing industry. In 2011 it was acquired by the Demirören and Karacan groups together. Demirören, a major business group with many businesses in energy, mining and construction, acquired all shares in 2012.


Emrah Kurtoğlu

Affiliated Interests Ceo

Emrah Kurtoğlu was elected as the General Manager of Demirören media group’s Executive Board in April 2016. He’s the General Manager of Milliyet (newspaper) as well as Milliyet and Vatan's websites.


Mete Belovacıklı

Affiliated Interests Editor-In-Chief

Mete Belovacıklı, who was the editorial coordinator of Milliyet prior to his appointment as the editor-in-chief of the daily, was born in Ankara in 1962. He is a graduate of the Economics Department of Hacettepe University, who started his career in journalism in 1985 at the Turk News Agency. The same year he went on to work as a reporter at Milliyet, which was under Dogan Media then. He took part in the foundation of CNN Türk TV Channel in 1999 and served as News Chief and Ankara Representative for the same channel and as an Ankara Representative of Posta Daily - all outlets that are still under Dogan. Belovacıklı also prepared and presented news and discussion programs on TV channels such as TRT1, TRT Türk and TV8. He formerly served as an editor-in-chief of The New Anatolian Daily and ATA TV.


İzzetpaşa Mahallesi Abide-i Hürriyet Caddesi No:162 Çağlayan Şişli 34387, 0212 337 99 99,

Financial Information

Revenue (in Mill. $)


Operating Profit (in Mill. $)


Advertising (in % of total funding)


Market Share


Further Information


(08.06.2016) Fikret Bila Milliyet Gazetesi Yayın Yönetmenliği'nden istifa etti. T 24. Retrieved in October 2016 from:,344360


Turkish Trade Registry Gazette. The Union of Chambers and Commodity Exchanges of Turkey. Retrieved in August 26, 2016 from

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