Turkish Media Giant Changes Hands: Haberturk and Show TV Sold to Can Group
Park Holding has transferred all its shares in Ciner Yayin Holding, one of Turkey’s leading media groups, to Can Group, a conglomerate with diversified investments across education, healthcare, energy, and logistics sectors. This move marks the complete withdrawal of prominent businessman Turgay Ciner from the media industry.

Park Holding has transferred all its shares in Ciner Yayin Holding, one of Turkey’s leading media groups, to Can Group, a conglomerate with diversified investments across education, healthcare, energy, and logistics sectors. This move marks the complete withdrawal of prominent businessman Turgay Ciner from the media industry. The deal includes prominent Turkish media outlets Haberturk, Show TV, and Bloomberg HT, among others. Financial terms of the transaction have not been disclosed.
Founded in September 2007, Ciner Yayin Holding is home to several key players in Turkish broadcasting, including Haberturk TV, Show TV, Bloomberg HT, and HT Spor. The company was a major part of Park Holding, which decided to exit the media industry to focus on its core business in the mining sector. With this acquisition, Can Group adds another strategic segment to its broad portfolio, which already includes institutions like Bilgi University and Doga Colleges, alongside investments in healthcare, energy, and logistics.
In a statement, Park Holding explained the rationale behind the decision, saying, "Park Grubu ana sektoru olarak maden endustrisi alaninda global liderlik hedefine odaklanma dogrultusunda medya yatirimlarini sonlandirmaya karar vermistir." The company also expressed optimism about the transition, emphasizing that the agreement, which still requires approval from Turkey’s Competition Authority, will bring “new vitality and strength to the media and its employees.”
On the other side, Can Group, which is already recognized for its educational and healthcare investments, commented on the acquisition: "Devir islemlerinin tamamlanmasindan sonra Medya sektorundeki yatirimlarimizi Ciner Yayin Holding Yonetim Kurulu Baskani Sn Mehmet Kenan Tekdag tam ve tek yetkili olarak yonetecektir." The group also extended its gratitude to Park Holding for its professionalism throughout the transaction process.
This development signals a significant shift in Turkey’s media landscape, as it marks the full departure of Turgay Ciner from the industry. Under Ciner Yayin Holding, Haberturk had already implemented strategic changes last year, including the removal of political commentary from its online platform. The group’s other divisions, such as Ciner Energy and Mining Group, Ciner Glass and Chemicals Group, and Ciner Maritime Group, remain active and aligned with its long-term goals.
The acquisition also underscores Can Group’s expanding footprint in Turkey’s business ecosystem. In addition to Bilgi University and Doga Colleges, the group owns Energy fuel stations, Golden Hill Hotel, and Mediza Hospital, further strengthening its position in sectors like construction and logistics.
Once approved by the Competition Authority, this transaction is expected to pave the way for a new era in Turkish media. The continuity of leadership under Mehmet Kenan Tekdag, who will remain the sole authority at Ciner Yayin Holding, is seen as a step toward maintaining stability during the transition.
As one of Turkey’s most notable media sales, this deal reflects the dynamic nature of the industry and the growing influence of diversified conglomerates like Can Group. The future of Turkish broadcasting under this new ownership will be closely watched by media professionals and audiences alike.