Feza Publications Inc.
Feza Publications Inc. was founded in 1986 and operated as a print media company. It was engaged in journalism and publishing. A Turkish court has appointed trustees to take control of the media group in 2016 based on allegations of support to Gulen Organization. The company owned Cihan News Agency, the Today’s Zaman and Zaman dailies, a Zaman magazine, as well as Zaman Kitap book publishing house. Zaman daily was, for years, among the top ten print outlets in terms of circulation in Turkey, although there was much speculation that the circulation numbers of the daily were being inflated based on free distribution of the daily. 12 of Zaman's former staff were arrested as part of the case against the coup attempt that took place in the country in July 2016. The company was shut down and the media outlets are no longer active.
Business Form
Confiscated
Legal Form
Joint stock company
Other Print Outlets
Zaman, Today's Zaman, Zaman Azerbaycan, Zaman Kazakistan, Zaman Avusturya, Zaman Fransa, Zaman Bulgaristan, Zaman Romanya, Zaman Türkmenistan, Zaman Amerika
Other Online Outlets
www.zaman.com.tr, www.zaman-online.de, www.todayszaman.com, www.kazakzaman.kz, www.zaman.az, www.zamanarabic.com, www.zamanfransa.com, www.zaman.bg, www.zaman.ro, www.zamanamerika.com, www.zamanavusturya.at, www. yenibahardergisi.com
Media Business
Media Business
Magazines | Aksiyon, Sızıntı, Gonca, Yeni Bahar
News Agency | Cihan News Agency (CHA)
Publishing | Zaman Kitap
General Information
Founding Year
1986
Founder
MD
Affiliated Interests Founder
Feza Gazetecilik A.Ş. was founded by the Gulen movement.
Tax/ ID Number
Trade Registry No: 233470
Financial Information
Revenue (Financial Data/ Optional)
MD
Operating Profit (in Mill. $)
MD
Advertising (in % of total funding)
MD
Management
Executive Board
Mehmet Akif Afşar - CEO of Feza Publishing Inc
Behçet Akyar – Vice chairman
Further Information
Headlines
(12.11.2015) Hurriyet Daily News. Retrieved in October 2016 from
(7.03.2016) Daily Sabah. Retrieved in October 2016 from
(13.03.2016) Daily Sabah. Retrieved in October 2016 from:
(5.03.2016) CNN. Retrieved in October 2016 from:
http://edition.cnn.com/2016/03/05/middleeast/turkish-newspaper-takeover/
(03.09.2016) Huffington Post. Retrieved in October 2016 from:
http://www.huffingtonpost.com/alon-benmeir/the-unraveling-of-turkeys_b_9420274.html
Meta Data
This company and its media outlets were confiscated and no information is available about the founder, shareholders or shares. As the company seized its operations the study can not rate the level of transparency. Ali Akbulut was mentioned as a shareholder (25%) of Feza Publications Inc. in one article (see sources) but no evidence could be found in public records to confirm that.
Sources
(05.08.2016) Turkish court arrests 12 former Zaman staff. Hurriyet Daily News. Retrieved in October 15, 2016, from
(28.07.2016) Akbulut Grubu'na kayyum atandı. Haberturk. Retrieved in October 2016 from:
http://www.haberturk.com/ekonomi/is-yasam/haber/1273428-akbulut-grubuna-kayyum-atandi
Turkish Trade Registry Gazette. The Union of Chambers and Commodity Exchanges of Turkey. Retrieved in August 26, 2016 from
