Star Media Group (Turkey)

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

Star Media Group
IndustryPublishing, Broadcasting
Founded1989
HeadquartersIstanbul, Turkey
Area served
Turkey
Websitewww.stargazete.com/medya/

The company was co-founded by Ahmet Özal and Cem Uzan and was previously part of the Uzan Group. 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 Fettah Tamince 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

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