BeIN Media Group Acquires Turkish Digiturk
BeIN Media Group announced today that it has signed a definitive agreement to acquire 100% of the shares of the company DP BV, the holding company for a group of Turkish pay-TV Digiturk. It should be that the company was owned by Providence Equity Partners and Çukurova Group, which was confiscated by the insurance fund for deposits in Turkey (TMSF), in May 2013.
Digiturk is the first company in the operation of the company's pay-TV in Turkey, where he owns nearly 3.5 million subscribers, also offers a combination of the leading sports and entertainment contents through 239 high-quality channel. The company also owns all of the major Turkish channels the rights of high-definition as well as the Turkish Super League, Premier League, the Russian league and league Brazilian football, Del Rey, Euroleague, Wimbledon Tennis Cup, Championship professors 1000 Formula 1.
The network also owns the latest foreign films and soap operas of the biggest studios in the world, including Disney, Paramount, Fox, Century 21 offers, Warner Brothers, for Ajonsjat, HBO and others. The network also has a wide range of channels commensurate with viewers in Turkey, including the Discovery Channel, E Entertainment channel, channels MTV, channel Animal Planet, National Geographic channels, and news channels such as CNN, CNBC and others.
And HE Nasser Al Khulaifi, Chairman of the Board and Chief Executive Officer of the Group, commenting on the deal, "The acquisition of Digiturk process is a major step in the global expansion program we have and confirms our commitment to investment in emerging markets and adjacent to the Middle East region and close to the main markets in Asia, and we look forward to continue to promote the growth and advancement of Digiturk platform dynamic pay-TV market through more services