Demirören Group

Demirören Group is a Turkish conglomerate company. Its properties include Milangaz (a liquefied petroleum gas distributor with 9% of the Turkish market), the Demirören İstiklal shopping mall in Beyoğlu, as well as several newspapers, television and radio stations. Demirören also handles the licensing and distribution of Turkish WarnerMedia channels: Cartoon Network, Boomerang and CNN.

Demirören Holding
TypeHolding
IndustryEnergy, Industry, Real Estate, Construction, Media, Education
Founded1956 (1956) in Istanbul, Turkey
FounderErdoğan Demirören
Key people
Yıldırım Demirören, Tayfun Demirören, Meltem Demirören
RevenueUS$3 billion (2012)
Websitehttp://www.demiroren.com

Demirören acquired the newspapers Milliyet and Vatan in May 2011.[1] In 2018 the holding bought the newspaper Hürriyet, the TV station Kanal D and all other media properties of Doğan Group.[2]

Milangaz sponsored the Beşiktaş men's basketball team in 2011-12.

The company bought the newspaper Hurriyet and the television channel CNN Turk in 2018.[3][4] Following the death of Erdoğan Demirören, President Erdoğan visited the family to extend his condolences.[5] The family is generally seen as being supportive of the President and his party.

References
  1. Dogan News Agency, 4 May 2011, Milliyet and Vatan papers sold to DK
  2. "Turkish Media Group Bought by Pro-Government Conglomerate". The New York Times. 21 March 2018. Retrieved 19 May 2018.
  3. Coskun, Orhan (2018-03-21). "Pro-Erdogan group agrees to buy owner of Hurriyet newspaper, CNN Turk". Reuters. Retrieved 2021-01-27.
  4. Pitel, Laura (21 March 2018). "Turkish press baron agrees to sell media arm to Erdogan ally". www.ft.com. Retrieved 27 January 2021.
  5. "Erdoğan visits Demirören family to extend condolences - Turkey News". Hürriyet Daily News. Retrieved 2021-01-27.
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