Newsflash! Al Jazeera Turk is Coming...
Thursday, February 10, 2011 at 14:31
Ali Yenidunya in Al Jazeera, Al Jazeera Turk, CNN Turk, EA Middle East and Turkey, Turkey

On 1 February, Al Jazeera Turk placed a $21 million bid  to take over a national TV station, Cine-5, known primarily for showing football matches to paying customers. The bid was put to the side as the Saving Deposit Insurance Fund set a minimum of $40 million for tenders, but on Thursday, Al Jazeera Turk's revised offer of $40.5 million was accepted.

Turkey has also CNN Turk, which was founded in 1999. For some, the entry of Al Jazeera Turk into the national arena is welcomed for increased competition and the quality; for others, it is a sign of Ankara's rising importance and autonomy in the region. 

Article originally appeared on EA WorldView (http://www.enduringamerica.com/).
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