Turkish prime minister meets media mogul Murdoch
Australian-American media mogul Rupert Murdoch (C) arrives at the Prime Ministry before his meeting with Prime Minister Recep Tayyip Erdoğan yesterday. DAILY NEWS photoAustralian-American media mogul Rupert Murdoch met yesterday with Prime Minister Recep Tayyip Erdoğan.
Murdoch’s News Corp. is reportedly interested in bidding for the media assets of Turkish firm Çalık Holding, which include the daily Sabah and the ATV television channel.
The sale process has also drawn interest from U.S. media giant Time Warner and private-equity firm TPG Capital. The value of Sabah-ATV is reportedly estimated at between $700 million and $1 billion.