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Türk Medya Group

Türk Medya Group

For the purposes of this study, media groups which were previously owned by Ethem Sancak and sold to Zeki Yeşildağ in 2017 were combined into a loose name as Türk Medya Group. The majority of T Medya Yatırım Sanayi shares belong to TM Medya and Türk Medya Group which has three newspapers, three TV channels, two radio stations, and two magazines. Moreover, Alem Radyo ve Televizyon Yayıncılık Anonim Şirketi, Atlas Yayıncılık ve Ticaret Anonim Şirketi, Star Medya Yayıncılık Anonim Şirketi,Star Medya Ajans A.Ş., Star Matbaacılık A.Ş. and Dinamik Radyo A.Ş, all, belongs to Türk Medya Group. 100% of Türk Medya Group is now owned by Zeki Yeşildağ. T Medya Yatırım Sanayi ve Ticaret A.Ş has a capital close to 766 million Turkish Liras.

Key facts

Business Form

Private

Legal Form

Joint stock company

Ownership

Individual Owner

Zeki Yeşildağ

Zeki Yeşildağ (born in 1961 in Rize) has various companies dealing with construction and food business since the 1990ies – and he also has recently purchased a media company. Since 1989, he has been in politics, e.g. as a member of the AKP's board of directors and city council in İstanbul. He is a graduate of the Zürich Kaufmenischelem Institut, majoring in Business. He is the chairman of the executive board of Türk Medya.

In 2017, Zeki Yeşildağ purchased “Es Yayıncılık” and its all media assets including three TV channels, three newspapers, and their connected web-sites as well as two radio stations, owned by Ethem Sancak. The firm's capital is now 19 million 40 thousand Turkish liras. According to Trade Registry Gazette published on October 30, 2017, Zeki Yeşildağ is only owner of the company. In addition to his investments in media sector, according to Istanbul Chamber of Commerce, he is a partner of Burak Turizm Sanayi ve Ticaret Limited Şirketi and member of the board of directors at Kased Enerji Anonim Şirketi.

The media outlets of Es Yayıncılık has been previously following the rhetoric of and political line the ruling party AKP. The media group, for example, stated that they are one of the cornerstones of the "New Turkey", a rhetoric used by Erdoğan to define the vision of a new country with immense power and democracy. The sale did not change its stance toward to government

The brother of Zeki Yeşildağ, Hasan Yeşildağ is known with his close ties with Erdoğan. Based on the book, "Recep Tayyip Erdoğan, Bir Liderin Doğuşu" by Hüseyin Besli, AKP's 22nd term parliament, Hasan Yeşildağ is said to have committed a crime on purpose, just to be jailed for four months in order to protect Erdoğan in prison.

100%
Media Outlets
Other Media Outlets

Other Print Outlets

Akşam (3.7%), Güneş (3.7%), Star, Alem Dergisi, Platin Dergisi

Other TV Outlets

TV360

Other Radio Outlets

Alem FM

Other Online Outlets

ligradyo.com.tr

Facts

Media Business

Media Business

Broadcasting | Star Medya Yayıncılık A.Ş., Star Medya Ajans A.Ş., Star Matbaacılık A.Ş. ile Dinamik Radyo A.Ş.
Advertising, Print and Publishing | T Medya Baskı Teknolojileri A.Ş., T Medya Televizyon Yayıncılık ve Reklam Pazarlama A.Ş., T Medya Pazarlama ve Dış Ticaret A.Ş., T Medya Magazin Yayıncılık Sanayi ve Ticaret A.Ş., Karova Medya Sanayi ve Ticaret A.Ş., AD Grup Basın Servisleri ve Ticaret A.Ş.) – Since January 2016
Publishing | Star Matbaacılık

General Information

Founding Year

2014

Founder

Ethem Sancak

Affiliated Interests Founder

Born in 1958 in Siirt, Ethem Sancak graduated from Istanbul University's communications faculty in 1976. He started a small medicine business in the 80s which grew to an internationally operating conglomerate including a hospital chain. His media group owns three national newspapers, 3 television channels, 2 radio channels and 2 magazines as well as websites. Sancak is openly very supportive of the ruling AK Party and the President Recep Tayyip Erdoğan. He has famously said he was "in love" with Erdoğan and would sacrifice his family for him, and has admitted to having entered media to support him. Sancak owns all shares of 'ES Yönetim Danışmanlığı', which is the main shareholder of the company (T Medya) that has over 765 million Turkish Liras in capital and publishes Güneş and Akşam newspapers. In 2013, he bought Güneş, Akşam, Sky360 TV, along with two radio channels and various magazines from the Savings Deposit Insurance Fund (TMSF), which had seized it from Çukurova Group. In leaked phone conversations attributed to Sancak, he can be heard complaining that he had to acquire bankrupted media outlets. In 2014, he also acquired all shares of the Star Media Group (that owns Star Newspaper and 24 TV) from businessman Fettah Tamince. He has taken an ombudsman (Demokrasi Hakem Kurulu) position in AK Party since 2012. He has also purchased BMC (via a public tender where he was the only participant in 2014), a company that has won many tenders including producing tanks and water cannons for the Turkish army and police. He has served as the Brazilian honorary consul of Istanbul. He's the Vice Chairman in the Board of Directors in Istanbul Modern Museum of Art in the Board of Directors of Istanbul Foundation for Culture and Arts (İKSV).

Contact

Atatürk Mahallesi Bahariye Caddesi No:31 İkitelli Küçükçekmece İstanbul

Tel.: +90 212 337 0000

Website: http://esmedya.com.tr 

Tax/ ID Number

921307

Financial Information

Revenue (Financial Data/ Optional)

MD

Operating Profit (in Mill. $)

MD

Advertising (in % of total funding)

MD

Management

Executive Board

Zeki Yeşildağ is the only board member of the Chair of the Board of Directors of T Medya.

Further Information

Data Publicly Available

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

2 ♥

Meta Data

All media outlets owned by the group are listed under the corporate website turkmedya.com.tr. Two media companies of the group were looked up in Trade Registry records: "TM Yayıncılık ve Medya Yatırım Hizmetleri" and T Medya Yatırım San. ve Tic. A.Ş. Records reveal that the group's biggest company, T Medya Yatırım Sanayi (capital close to 766 million Turkish Liras) is 95% owned by Es Yayıncılık, which is a subsidiary of Es Yönetim Danışmanlığı, and was entirely owned by Zeki Yeşildağ. On July 30, 2018, the name "ES Yayıncılık ve Medya Yatırım Hizmetleri Anonim Şirketi" was changed into the "TM Yayıncılık ve Medya Yatırım Hizmetleri Anonim Şirketi"

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