Demirören Group is a Turkish

conglomerate company A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates ...

. Its properties include Milangaz (a liquefied petroleum gas distributor with 9% of the Turkish market), the Demirören İstiklal shopping mall in

Taksim Square Taksim Square ( tr, Taksim Meydanı, ), situated in Beyoğlu in the European part of Istanbul, Turkey, is a major tourist and leisure district famed for its restaurants, shops, and hotels. It is considered the heart of modern Istanbul, with the c ...

, as well as several newspapers, television and radio stations, and also a subscription based streaming service called D-Smart Go. Demirören also handles the licensing and distribution of Turkish

Warner Bros. Discovery Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered at 230 Park Avenue South in New York City. It was formed after the spin-off of WarnerMedia by AT&T, and its merger with Di ...

channels: Cartoon Network,

Boomerang A boomerang () is a thrown tool, typically constructed with aerofoil sections and designed to spin about an axis perpendicular to the direction of its flight. A returning boomerang is designed to return to the thrower, while a non-returning b ...

and

CNN Türk CNN Türk is a Turkish pay television news channel, launched on 11 October 1999 as the localised variant of American channel CNN. It broadcasts exclusively for Turkey and it is owned by Warner Bros. Discovery and Demirören Group. Its headqua ...

. All shares of the Demirören Group are owned by the Demirören family, who have close ties to

President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese f ...

Recep Tayyip Erdoğan Recep Tayyip Erdoğan (born 26 February 1954) is a Turkish politician serving as the 12th and current president of Turkey since 2014. He previously served as prime minister of Turkey from 2003 to 2014 and as mayor of Istanbul from 1994 t ...

and are also active in the energy, mining, and construction sectors.

History

Demirören acquired the newspapers

Milliyet ''Milliyet'' (Turkish for "''nationality''") is a Turkish daily newspaper published in Istanbul, Turkey. History and profile ''Milliyet'' came to publishing life at the Nuri Akça press in Babıali, Istanbul as a daily private newspaper on 3 Ma ...

and

Vatan ''Vatan'' ("Homeland" or "Motherland") is a Turkish daily newspaper founded in 2002 by the Doğan Media Group. The paper was purchased by DK ( Demirören & Karacan) Corporation in April 2011 and was totally acquired by Demirören Holding Demiö ...

in May 2011. In 2018, the holding bought the newspaper

Hürriyet ''Hürriyet'' (, ''Liberty'') is one of the major Turkish newspapers, founded in 1948. , it had the highest circulation of any newspaper in Turkey at around 319,000. ''Hürriyet'' has a mainstream, liberal and conservative outlook. ''Hürriyet ...

, Posta and the TV channels

Kanal D Kanal D, also known as Channel D, is a nationwide television channel in Turkey and part of Demirören Group. It was founded by Ayhan Şahenk and Aydın Doğan in 1993. The network also runs an international channel, Euro D which is available ...

, and Çocuk Smart and all other media properties of

Doğan Media Group Doğan Media Group (''Doğan Yayın Holding A.Ş.'') was a Turkish media conglomerate, part of the Doğan Holding conglomerate. The company was established in 1997 to bring together Doğan's media properties. These include the '' Posta'', '' Hü ...

, with the expection of

Kanal D Romania Kanal D Romania (short form of Kanal Doğan) is a nationwide television channel in Romania and a part of Doğan Holding, which is owned by the Turkish Turkish may refer to: *a Turkic language spoken by the Turks * of or about Turkey ** Turkis ...

and Slow Türk. Following the death of Erdoğan Demirören, President Erdoğan visited the family to extend his condolences. The family is generally seen as being supportive of President Erdoğan and the

AK Party The Justice and Development Party ( tr, Adalet ve Kalkınma Partisi, ; AKP), abbreviated officially AK Party in English, is a political party in Turkey self-describing as conservative-democrat. It is one of the two major parties of contemporar ...

(Justice and Development Party). In February 2021, the company took over

Azerbaijan Azerbaijan (, ; az, Azərbaycan ), officially the Republic of Azerbaijan, , also sometimes officially called the Azerbaijan Republic is a transcontinental country located at the boundary of Eastern Europe and Western Asia. It is a part of th ...

's lottery company ''Azerlotereya''.

References

External links

Demiroren official website
{{DEFAULTSORT:Demiroren Group Conglomerate companies of Turkey Companies based in Istanbul Mass media companies of Turkey Holding companies of Turkey Holding companies established in 1956 Turkish companies established in 1956