The Global Media Business Weekly

Axel Springer sells Turkish TV stake for €160m

Broadcast-streaming. Axel Springer has accelerated the sale of its 7% in Turkey’s Dogan TV. The German media group is among the last independent companies to hold stakes in Turkish media after business allies of President Recep Tayyip Erdoğan gained control of about 90% of the television and newspaper market.

Axel Springer