The Canadian company CanWest Global Communications Corp. will not bid for the Turkish media group Medya Yahin Holding (MYH), according to reports in the Turkish press. MYH, whose interests include the national daily Sabah and ATV, one of Turkey’s most popular TV stations, was seized by the Turkish State Deposits and Insurance Fund (TMSF) from its owner Turgay Ciner earlier this year following allegations of financial irregularities. Bids for the company, which has been valued at a minimum of $1.1 billion (€808.6 million), have to be lodged by November 6.
CanWest out of Turkish auction
07.44 Europe/London, September 5, 2007 By
About Chris DziadulChris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com.
"In an industry that experiences rapid change and often a confusing subsequent
constant supply of news, it is often refreshing to read an insightful perspective. Broadband
TV News and its editorial team regularly provide a context and
helpful analysis to breaking news.”
Broadband TV News is the must-read publication for those working in the Business of the Multiscreen Television. We deliver news, insight and data direct to your desktop. As well as our constantly updated website you can sign-up to our Daily and Weekly email bulletins. 
Connected TV Forecasts NEW REPORT. The number of TV sets connected to the Internet will reach 551 million by 2016 for the 40 countries covered in this report from Digital TV Research, up from 124 million at end-2010. The report states that this translates to 20% of global TV sets by 2016, up from only 6% at end-2010. Published in November 2011, this 83-page PDF report is the most geographically comprehensive to ever be published.