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.
Media Companies / Groups
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.
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.
Cem Uzan, born in 1960, is a businessman and politician known for cofounding the first private television channel in Turkey and for his subsequent foray into politics. Uzan’s father made his fortune in the construction industry. Over the years the family’s various business holdings grew came to include a soccer team, several media outlets and banks, along with other assets in construction, energy and finance. Cem Uzan played an active role in the family businesses and in 2002 founded Genç Parti (GP; Young Party). Uzan and his family also became infamous for being involved in many lawsuits: In 2003, after a scandal related to a family owned bank, the Turkish government seized many of Uzans’ companies, including Telsim, to collect the family’s debt. In 2009 Uzan fled Turkey and claimed political asylum from France after new charges of fraud, forgery, embezzlement and other crimes were leveled against him in regard to his business dealings. In 2010 he was sentenced to 23 years in jail, later some charges were dropped.
Affiliated Interests Ceo
A graduate of METU from department of Business Administration, he received his MA in Economics from University of Miami. He joined Doğuş Group in 1994. After serving as the Executive VP responsible for Treasury, Operations and Foreign Relations at Garanti Bank, he was assigned as the General Manager of Körfezbank in 1998.Akhan was a board member of Doğuş Holding and CFO during 2001-2005. He is the CEO of Doğuş Holding.
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 Management at Star and Kanal D. He has been working as the General Manager of all star media outlets since May 2018
Ahi Evran Cad. No:4 34398 Maslak - Sarıyer İstanbul, 0 212 335 0000, startv.com.tr
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