Star Media Group (''Star Medya Grubu'', STAR Medya Yayıncılık A.Ş.) is a

Turkish Turkish may refer to: *a Turkic language spoken by the Turks * of or about Turkey ** Turkish language *** Turkish alphabet ** Turkish people, a Turkic ethnic group and nation *** Turkish citizen, a citizen of Turkey *** Turkish communities and mi ...

media group A media conglomerate, media group, or media institution is a company that owns numerous companies involved in mass media enterprises, such as music, television, radio, publishing, film, motion pictures, theme parks, or the Internet. According t ...

. Among other properties it owns the

Star A star is an astronomical object comprising a luminous spheroid of plasma (physics), plasma held together by its gravity. The List of nearest stars and brown dwarfs, nearest star to Earth is the Sun. Many other stars are visible to the naked ...

newspaper and the

television channel A television channel is a terrestrial frequency or virtual number over which a television station or television network is distributed. For example, in North America, "channel 2" refers to the terrestrial or cable band of 54 to 60 MHz, with ...

Channel 24. The company was co-founded by

Ahmet Özal Tevfik Ahmet Özal (born 3 December 1955) is a Turkish politician, the son of former Turkish President and Prime Minister Turgut Özal and a member of the Özal family. He has been an MP, and co-founded the Uzan Group and later the Özal Group. ...

and

Cem Uzan Cem Uzan (born 26 December 1960, İstanbul) is a Turkish businessman and politician involved in the media and banking industries, while also chairing the social liberal Young Party (GP). His family's media empire (Uzan Group) at one time includ ...

and was previously part of the Uzan Holding. In 2004

was seized by the Turkish government, along with the other assets of the Uzan Group. The paper was transferred to the

TMSF The Savings Deposit Insurance Fund of Turkey ( tr, Tasarruf Mevduatı Sigorta Fonu), a.k.a. TMSF in abbreviated form, is the governing body concerned with matters of fund management and insurance in the Turkish banking system. The body was found ...

, and then sold several times. It is now again part of the Star Media Group, which was acquired by

Nihat Özdemir Nihat Özdemir (born 5 April 1950) is a Turkish business man, owner of Limak holding and former president of the Turkish Football Federation. He was the Deputy President and Press Spokesman for Turkish Süper Lig football club Fenerbahçe SK. ...

of Rixos from

Ethem Sancak Ethem Sancak (born 1958, Siirt) is a Turkish businessman considered to have "close ties to President of Turkey Recep Tayyip Erdoğan". He completed his primary and secondary education in Siirt. He graduated from Istanbul University's Faculty ...

in 2009, with

Tevhit Karakaya Tevhit Karakaya (born 1955, in Erzincan, Turkey) is a Turkish businessman and politician. He was elected MP in 1995 for the Welfare Party, in 1999 for its successor the Virtue Party, and in 2002 for the Justice and Development Party (AKP). He wa ...

acquiring 50% in 2010. In May 2013 50% of the Group was sold to

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 ...

SOCAR The State Oil Company of Azerbaijan Republic ( az, Azərbaycan Respublikası Dövlət Neft Şirkəti), largely known as SOCAR is fully state-owned national oil and gas company headquartered in Baku, Azerbaijan. The company produces oil and na ...

oil company The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of hydrocarbon exploration, exploration, extraction of petroleum, extraction, oil refinery, refining, Petroleum transport, transportation (of ...

Today's Zaman ''Today's Zaman'' (Zaman is Turkish for 'time' or 'age') was an English-language daily newspaper based in Turkey. Established on 17 January 2007, it was the English-language edition of the Turkish daily '' Zaman.'' ''Today's Zaman'' included dom ...

, 30 May 2013
Turkey approves 50 percent sale of Star media group to Azerbaijan's SOCAR
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References

{{Reflist

External links

Star Media Group
Mass media companies of Turkey Küçükçekmece Mass media companies established in 1989 Turkish companies established in 1989