This is an automatically generated PDF version of the online resource retrieved on 2021/11/28 at 21:24
Reporters Without Borders (RSF) & Bianet - all rights reserved, published under Creative Commons Attribution-NoDerivatives 4.0 International License.
Bianet LOGO
Reporters without borders

Milliyet daily's website was first set up in 1996, when the paper still belonged to the Doğan group. In 2012, Demirören Holding, a conglomerate with many businesses in energy, mining and construction, acquired the rights of the website along with Milliyet and Vatan newspapers.

Key facts

Audience Share


Ownership Type


Geographic Coverage


Content Type

Free content

Data Publicly Available

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

2 ♥

Ownership Structure


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.

Group / Individual Owner

Born in 1938 in Bursa, Erdoğan Demirören is a middle school graduate (from Saint Benoît in Istanbul). Demirören family's wealth is estimated to be around $ 1-1,5 billion, acquired mostly from mining, energy and construction. Erdoğan Demirören is the majority shareholder of the conglomerate 'Demirören Holding A.Ş.' which holds the majority shares of the companies that publish Milliyet and Vatan newspapers. The recordings of alleged phone conversations between Demirören and then Prime Minister Recep Tayyip Erdoğan were leaked in May 2014, in which the Prime Minister scolds Demirören for a news story, asking for those responsible to be fired, and Demirören is heard crying. He attended President Erdoğan's daughter's wedding in May 2016.


Individual Owner


General Information

Founding Year



Aydın Doğan

Affiliated Interests Founder

Aydın Doğan is the founder and honorary chairman of Doğan Holding. He founded his first industrial company in 1974. He became a publisher with the acquisition of Milliyet in 1979 and later on Hürriyet in 1994. He established Aydın Doğan Foundation in 1996. He hit with a record $2.5bn tax fine, sending its shares down 20 per cent after a year-long confrontation with President Recep Tayyip Erdoğan.


Emrah Kurtoğlu

Affiliated Interests Ceo

Emrah Kurtoğlu was elected as the General Manager of Demirören media group’s Executive Board in April 2016. He’s the General Manager of Milliyet (newspaper) as well as Milliyet and Vatan's websites.


Bülent Ayanoğlu

Affiliated Interests Editor-In-Chief

Born in 1963 in Denizli, Bülent Ayanoğlu graduated from Ankara University's Communications Faculty. He started working as a reporter for Türkiye Daily in 1976 and held various editorial and managing positions until leaving to head the news deparment of TGRT TV. In 1996 he became the Assistant General Manager at TGRT and the following year at İhlas Net A.Ş., where he worked on the live news site. In 2007, he became Türkiye newspaper’s chief editor. He served as TGRT Haber TV’s General Manager between 2011 and 2013. He worked for TRT World's education deparment before becoming the Editor in Chief of Milliyet and Vatan newspapers' websites in June 2016.


İzzetpaşa Mahallesi Abide-i Hürriyet Caddesi No:162 Şişli 34387 İstanbul, 0212 337 99 99,

Financial Information

Revenue (in Mill. $)


Operating Profit (in Mill. $)


Advertising (in % of total funding)


Market Share


  • Project by
    Reporters without borders
  • Funded by