STAR TV

Founded by Cem Uzan and Ahmet Özal in 1989 as Magic Box, Star TV is Turkey's first private TV channel. It started broadcasting in September 1990. There was much criticism regarding its violation of the Turkish Radio and Television Corporation’s constitutional monopoly. In 2004 it was seized by the Savings Deposit Insurance Fund of Turkey (TMSF) and sold to Doğan Group for 306,5 million dollars. It was acquired by Doğuş Group in 2011.

Key facts

Audience Share

7.11

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

Doğuş 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

1990

Founder

Ahmet Özal, Cem Uzan

Affiliated Interests Founder

Tevfik Ahmet Özal, born in 1955, is a Turkish politician and the son of former President and Prime Minister Turgut Özal. He’s a graduate of North Carolina State University’s Department of Economics. He has confounded Uzan and Özal Groups; served as a Specialist Economist in ‘Industry, Investment and Credit Bank’ and in the IMF for three years. He worked at various international branches of American Express Bank between 1983 and 1988. In 1989, along with businessman Cem Uzan, he founded Star TV, Turkey's first private TV channel. There was much controversy over the private channel, given it, violated the Turkish Radio and Television Corporation’s constitutional monopoly. In 1992 Özal founded Chanel 6, which he sold in 1998. In April 12, 1999 he was elected to the Cabinet as an independent Member of Parliament from the province of Malatya. He was a candidate for Istanbul Metropolitan Municipality Mayor in 2009. He founded a party in 2014 (Ana Parti) which joined with another party and was renamed Hak ve Adalet Ana Parti in 2015. He was a Saadet Partisi candidate during the June 2016 elections but wasn’t elected.

Ceo

Ömer Özgüner

Affiliated Interests Ceo

Ömer Özgüner has been working as the General Manager of all Star media outlets owned by Doğuş Group since March 2014, including Star TV. Previously he was working at the same media group as the manager of content. He has an undergraduate degree in Sociology.

Editor-In-Chief

Çağatay Önal

Affiliated Interests Editor-In-Chief

A graduate of Marmara University’s communications faculty, Çağatay Önal has been leading Star TV’s broadcasting since 2010. Previously he was working as the Director of Broadcasting Managament at Star and Kanal D.

Contact

Ahi Evran Cad. No:4 34398 Maslak - Sarıyer İstanbul, 0 212 335 0000, startv.com.tr

Financial Information

Revenue (in Mill. $)

MD

Operating Profit (in Mill. $)

MD

Advertising (in % of total funding)

MD

Market Share

MD

Further Information

Sources

Retrieved August 26, 2016, from ticaretsicil.gov.tr

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