Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Rupert Murdoch Holds Talks With Erdogan in Turkey

March 6 (Bloomberg) -- News Corp. Chief Executive Rupert Murdoch held talks with Prime Minister Recep Tayyip Erdogan in Turkey’s capital Ankara.

Murdoch met with Erdogan at his office at 5 p.m. today for about an hour. Turkey is an important market for News Corp. and it wants to expand its investments in the country, Murdoch told Erdogan, said a government official, who declined to be identified because the talks were private.

Murdoch didn’t answer reporters’ questions when exiting the building. News Corp. spokesman Jack Horner declined to comment on the content of the meeting in a phone interview earlier.

News Corp. bought Turkey’s TGRT television channel for $151 million in 2006 and re-named it Fox TV. Today’s talks come amid efforts by Calik Holding AS to sell a national newspaper and television channel that Murdoch failed to buy in 2008. Calik, run by Erdogan’s son-in-law Berat Albayrak, hired Goldman Sachs Group Inc. to find a buyer for Sabah and ATV in January.

Murdoch may be interested in Sabah and ATV, the Financial Times reported on Jan. 22 without citing anyone.

News Corp. was among initial bidders for the two assets when they were put up for sale four years ago then later withdrew. Calik paid $1.25 billion after winning loans from state-run banks and its Qatari partner.

To contact the reporter on this story: Emre Peker in Ankara at epeker2@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.