CNN Türk was founded in 1999 by Doğan Media Group and Turner International. In 2018, it was sold to Demirören Group who has close ties with the government and President Erdoğan.
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.
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. After Erdoğan went online on Doğan Media's CNN Türk during the coup attempt (15 July 2015), and called the people of Turkey to the streets to resist the military, relations between the government and the company seemed to get smoother.
Affiliated Interests Ceo
Mehmet Soysal (Elazığ, 1964) was graduated from Mimar Sinan Fine Arts University and Anadolu University. Later he continued his education in Political Science at Preston University and in law at European University. He began his proffesion in TGRT channel and worked as editor, local news director. He worked as vice chairman at TGRT and Ihlas Holding. In 2010, he began to work as principal consultant at Demirören Conglomerate for two years. He also sits on the Board of Directors and he is CEO of Demirören Medya Grup since April 2018.
Affiliated Interests Editor-In-Chief
Bora Bayraktar received his PHD degree in International Relations at Marmara University. He served as a managing editor of the İnternational Desk at CNNTURK from 1999 to 2008. Then he pursued same position at ATV Channel from 2009 to 2011. Until 2016 he served as a representative for Euronews. He then became General Manager of CNNTURK after it was sold to Demirören Group in 2018.
Other Important People
Erdoğan Aktaş, Erdem Seçkin
Affiliated Interests other important people
Erdoğan Aktaş and Erdem Seçkin are board members
Address: Demirören Medya Center 100. Yıl Mah. 2264 Sok. No:1 34218 Bağcılar/İstanbul- Website: www. cnnturk.com.tr
Revenue (in Mill. $)
Operating Profit (in Mill. $)
Advertising (in % of total funding)