Star_Media_Group_(Turkey)

Star Media Group (Turkey)

Star Media Group (Turkey)

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Star Media Group (Star Medya Grubu, STAR Medya Yayıncılık A.Ş.) is a Turkish media group. Among other properties it owns the Star newspaper and the television channel Channel 24.

Quick Facts Industry, Founded ...

The company was co-founded by Ahmet Özal and Cem Uzan and was previously part of the Uzan Holding. In 2004 Star was seized by the Turkish government, along with the other assets of the Uzan Group. The paper was transferred to the TMSF, and then sold several times. It is now again part of the Star Media Group, which was acquired by Nihat Özdemir of Rixos from Ethem Sancak in 2009,[1] with Tevhit Karakaya acquiring 50% in 2010.[2]

In May 2013 50% of the Group was sold to Azerbaijan's SOCAR oil company.[3]

References

  1. [1]
    haberler.com, 30 May 2013, Turkey Approves 50 Pct Sale Of Star Media To Azerbaijan's SOCAR
  2. [2]
    Haberturk, 14 October 2010, 24 ile Star Gazetesi'ne yeni ortak
  3. [3]
    Today's Zaman, 30 May 2013, Turkey approves 50 percent sale of Star media group to Azerbaijan's SOCAR
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