This is an automatically generated PDF version of the online resource turkey.mom-rsf.org/en/ retrieved on 2022/01/17 at 08:58
Reporters Without Borders (RSF) & Bianet - all rights reserved, published under Creative Commons Attribution-NoDerivatives 4.0 International License.
Bianet LOGO
Reporters without borders

Hürriyet

Hürriyet was founded by Sedat Simavi in 1948. It was sold to Aydın Doğan in 1994. It is one of the major newspapers in Turkey. On March 22, 2018, it was sold to a member of the pro-government conglomerate, the Demirören group, which already owns the other dailies Milliyet and Vatan. 

79 percent of the shares of Hürriyet Gazetecilik ve Matbaacılık A.Ş are owned by Demirören Media Group.

It is known that the amount of the loan provided by the state bank Ziraat Bank in the sale of Doğan Media Group to Demirören Group was 675 million US dollars and it was a 2-year non-refundable loan with a maturity of 10 years.

According to the meeting minutes reported to the Public Disclosure Platform (KAP), Hürriyet ended the year 2020 with a net loss of 80.8 million. 

Key facts

Audience Share

10,18

Ownership Type

Private

Geographic Coverage

National

Content Type

Paid

Data Publicly Available

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

2 ♥

Media Companies / Groups

Demirören Group

Ownership

Ownership Structure

Shared

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

1948

Founder

Sedat Simavi

Affiliated Interests Founder

Sedat Simavi was born in 1896. He founded Hürriyet on May 1, 1948. He was also among the founders of Turkish Journalists' Association (TGC). In 1953, his sons Haldun Simavi and Erol Simavi acceded to the management of Hürriyet after his death.

Ceo

Tevfik Kınık

Affiliated Interests Ceo

Tevfik Kınık was born in 1977 in Bingöl. He is a graduate of Ankara University Faculty of Political Sciences. In 1999, he became an assistant specialist at the capital markets board (CMB). After leaving the CMB Vice-President position in 2016, he moved to the private sector and worked for Aktif Bank, a part of Çalık Group.

Kınık became the CEO of Demirören Holding in 2019.

Editor-In-Chief

Ahmet Hakan

Affiliated Interests Editor-In-Chief

Ahmet Hakan was born in 1967 in Yozgat. He graduated from Imam Hatip High School. He studied at the Faculty of Theology of Uludag University for a while. After coming to Istanbul, he worked at the local newspaper called Büyükçekmece Hürbakış for a while.

When Kanal 7 was founded, he contacted General Manager Mustafa Çelik and joined the staff. After working as a reporter for a while, he became the Kanal 7 Television News Director and the main news announcer between 1995-2003. He resigned from Kanal 7 in 2004.

He first started as a columnist for Yeni Şafak. Later, he worked in Sabah and then moved to Hürriyet. As of January 16, 2017, he started to present the Kanal D Main News bulletin, at the same time he became the head of Kanal D news department. He left Kanal D in 2019.

Ahmet Hakan has been presenting the discussion program "Tarafsız Bölge" on CNN TÜRK since 2005.

Contact

Address: 100. Yıl Mahallesi, 2264 Sok. Demirören Medya Center. No:1/51 Bağcılar / İstanbul - Phone: 0212 337 99 99 - Website: www.hurriyet.com.tr

Financial Information

Revenue (in Mill. $)

MD

Operating Profit (in Mill. $)

MD

Advertising (in % of total funding)

MD

Market Share

MD

Further Information

  • Project by
    Bianet
  •  
    Reporters without borders
  • Funded by
    BMZ