Turkish PM to meet with News Corp. CEO Murdoch

Turkish PM to meet with News Corp. CEO Murdoch

Rupert Murdoch (Photo: Reuters)

March 06, 2012, Tuesday/ 12:06:00

Turkish Prime Minister Recep Tayyip Erdoğan will meet with News Corporation Chairman Rupert Murdoch on Tuesday afternoon in Ankara.

The Australian-American media mogul's meeting with Erdoğan follows last month's media reports that his News Corporation was planning to buy Turkish Çalık Holding's Sabah daily and ATV station.

The mogul in 2007 shared with the Turkish government that he “seriously contemplated the acquisition of Sabah and ATV” when they were put on sale by the state's Savings Deposit Insurance Fund (TMSF). Following confiscation by the TMSF of Turkish business tycoon Turgay Ciner's Merkez Media Group in 2007, the Çalık Group acquired Sabah and ATV along with other smaller entities for $1.25 billion in 2008.

In addition to top-rated entertainment station ATV and major daily Sabah, Çalık Group also currently owns smaller newspapers Takvim, Günaydın, Yeni Asır and Pas Fotomaç, radio station Radio City, 10 magazines and their properties, brand names and equipment.

Keywords: smaller , station , tmsf , çalık , atv , group , media , news , sabah , turkish
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