Ciner Group

Ciner Group

Ciner Görsel is owned by Ciner Medya Yatırımları (99.6%) which is owned by Ciner Yayın Holding (99.9%) which is owned by Turgay Ciner (100%). Park Holding which holds the group's non-media investments is also owned 100% by Turgay Ciner. The companies that separately own media outlets under Ciner Group are Park Holding A.Ş., Ciner Yayın Holding A.Ş., Ciner Medya Yatırımları Sanayi ve Ticaret A.Ş. and Ciner Görsel Televizyon Prodüksiyon A.Ş.Park Holding has a capital of over 600 million Turkish Liras and is one of Ciner Group's core companies. In July 2015 Turgay Ciner became the only shareholder. The media firm Ciner Yayın Holding A.Ş. is owned entirely by Turgay Ciner and has 210 million Turkish Liras in capital. Ciner Medya Yatırımları (Ciner Media Investments) has a capital of 227 million Turkish Liras and is owned entirely by Turgay Ciner. The company is the main shareholder of the company (C Görsel Yayınlar A.Ş.) that owns Bloomberg HT as well. It was founded in 2007 and is allowed to make strategic decisions for the companies' new investments in media.Owned entirely by Turgay Ciner, Ciner Görsel TV Prodüksiyon A.Ş. firm has a capital worth 320 thousand Turkish Liras. The company has all of the shares of 'AKS Televizyon Reklamcılık' that owns SHOW TV. Ciner group has major energy and mining investments as well as coal mines and coal plants.

Key facts

Business Form

Private

Legal Form

Joint stock company

Business Sectors

Energy and Mining; Construction; Medical; Tourism; Ports, Sea and Air Transport; Insurance; Glass Manufacturing

Ownership

Individual Owner

Turgay Ciner

Born in 1956 in Artvin, Turgay Ciner is the owner of Ciner Holding, a mega corporation with investments in media, mining, energy, real estate and tourism; including Eti Soda, one of the world's largest soda ash ore deposits. In 2013, Ciner's net worth is estimated to be around $1.36 billion and he was listed as number 1367 on Forbes' list of the world's billionaires in 2016. He entered media in the late 90s with Sabah newspaper. He founded Habertürk newspaper in 2009. In 2013 he grew his media enterprise by acquiring Show TV from the Savings Deposit Insurance Fund of Turkey (TMSF) that had seized it from Çukurova Group. He's also the owner of Kasımpaşa Spor Kulübü, which has a stadium named after Recep Tayyip Erdoğan.

100%
Media Outlets
Other Media Outlets

Other Print Outlets

Haberturk (8.75%)

Other TV Outlets

Show TV (7.16%), Habertürk, Bloomberg HT, Show Max, Show Turk

Other Radio Outlets

Habertürk Radyo, Bloomberg HT Radyo

Other Online Outlets

haberturk.com (10%), businessht.com.tr, hthayat.com, bloomberght.com

Facts

Media Business

Media Business

Production | Park Görsel Televizyon Prodüksiyon A.Ş., Habertürk Görsel Televizyon Prodüksiyon A.Ş., Park Televizyon ve Radyo İşletmeciliği A.Ş.
Advertising | Habertürk Reklam Pazarlama Hizmetleri A.Ş.
TV broadcasting | Show TV, Habertürk, Bloomberg HT, Show Max, Show Turk
Radio Broadcasting | Habertürk Radyo, Bloomberg HT Radyo
Online | haberturk.com, businessht.com.tr, hthayat.com, bloomberght.com

Business

Business

Production | Park Görsel Televizyon Prodüksiyon A.Ş., Habertürk Görsel Televizyon Prodüksiyon A.Ş., Park Televizyon ve Radyo İşletmeciliği A.Ş.
Advertising | Habertürk Reklam Pazarlama Hizmetleri A.Ş.
TV broadcasting | Show TV, Habertürk, Bloomberg HT, Show Max, Show Turk
Radio Broadcasting | Habertürk Radyo, Bloomberg HT Radyo
Online | haberturk.com, businessht.com.tr, hthayat.com, bloomberght.com

General Information

Founding Year

1994

Founder

Turgay Ciner

Affiliated Interests Founder

Born in 1956 in Artvin, Turgay Ciner is the owner of Ciner Holding, a mega corporation with investments in media, mining, energy, real estate and tourism; including Eti Soda, one of the world's largest soda ash ore deposits. In 2013, Ciner's net worth is estimated to be around $1.36 billion and he was listed as number 1367 on Forbes' list of the world's billionaires in 2016. He entered media in the late 90s with Sabah newspaper. He founded Habertürk newspaper in 2009. In 2013 he grew his media enterprise by acquiring Show TV from the Savings Deposit Insurance Fund of Turkey (TMSF) who had seized it from Çukurova Group. He's also the owner of Kasımpaşa Spor Kulübü, which has a stadium named after Recep Tayyip Erdoğan.

Employees

9700

Contact

Paşalimanı Caddesi No:41 Paşalimanı Üsküdar 34670 İstanbulTel.: +90 216 531 2400, Website: www.parkholding.comAbdülhakhamit Cad. No:25 Beyoğlu İstanbul, Tel.: +90 212 313 6000Website: www.cineryayinholding.com.tr

Tax/ ID Number

Trade Registry number Ciner Yayin Holding A.S. – 638914Trade Registry number Ciner Medya Yatırımları – 638625Trade Registry number Ciner Görsel Televizyon Prodüksiyon A.Ş. - 652380

Financial Information

Revenue (Financial Data/ Optional)

MD

Operating Profit (in Mill. $)

MD

Advertising (in % of total funding)

MD

Management

Executive Board + Interests Executive Board

Turgay Ciner – Park Holding Head of the Board of Directors
Mehmet Kenan Tekdağ – Ciner Yayın Holding Chair of the Board of Directors
Mehmet Fatih Saraç – Ciner Yayın Holding Vice Chair of the Board of Directors. Saraç is a businessman who has been active in chain supermarkets. His move to Ciner Yayın Holding (the media group) as the vice chair of the board in 2012 raised a lot of controversy. In various alleged phone leaks, then Prime Minister Erdoğan scolds Saraç for publishing various content, during Gezi protests and during the corruption scandal of December 2013. He has been the subject of various corruption claims raised by CHP Parliament Member Atilla Kart and claimed to be the "secret boss" of the media group, placed there by Erdoğan. His father Emin Saraç is a well-known Islamic scholar who has close ties with Erdoğan.

Further Information

Headlines

Habertürk'ün Gizli Patronu.

(18.07.2013) Oda TV. Retrieved in October 2016 from:

http://odatv.com/haberturkun-gizli-patronu-o-1807131200.html

Data Publicly Available

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

2 ♥

Meta Data

Three group companies were researched in detail: Ciner Yayın Holding, Ciner Medya Yatırımları and Ciner Görsel Televizyon Prodüksiyon. Turgay Ciner's name appears in the Trade Registry Gazette as the owner of Ciner Yayın Holding. Websites of all media outlets owned by the group (Show TV, Habertürk, Bloomberg) clearly indicate Ciner group is the owner.

Sources

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

http://www.ticaretsicil.gov.tr/english/

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