Tag: Doğan Holding

HP News
,  By  T-VINE
France’s Believe buys majority stake in Turkey’s biggest record label DMC

DMC, the record label behind Turkey’s biggest pop stars Tarkan, Sezen Aksu and Ajda Pekkan, is being taken over by French digital music platform Believe. An agreement worth $23.4 million, signed on 17 April by Doğan Holding, Doğan Müzik Yapım’s (DMC) parent company, and Believe, will see the French company take a 60% stake in […]

News - Turkey
,  By  T-VINE
German media giant to pull out of Turkey citing “press freedom’ issues following latest arrests

Despite local and international concerns, the Turkish authorities continue to clampdown on opposition media. In the past fortnight, the police have arrested and charged the editor and journalists of respected broadsheet Cumhuriyet claiming they were linked with “terrorists”. It was the final straw for one major foreign media investor in the country. On Nov. 3, […]