Karnaval is a prominent player in the Turkish music and media industry, boasting the nation's most popular radio stations such as Süper FM, Metro FM, JoyTurk, Joy FM, and Virgin Radio Turkey. Additionally, the company operates over 30 digital radio stations catering to diverse music tastes. With a monthly reach of over 10 million individual listeners, Karnaval has established itself as Turkey's largest radio network and one of the world's most listened-to digital radio outlets. Karnaval's success is further underscored by its provision of an uninterrupted live radio experience, numerous playlists, and a wide array of popular podcasts, accessible across various platforms including web, mobile, tablet, smart TV, and satellite networks. Moreover, it maintains a strong advertising proposition, offering U.S. Media Ratings Council-accredited traffic measurement results and diverse advertising opportunities, such as digital audio spots, promoted stations, branded content/native ads, display, preroll video, and special projects. Notably, Karnaval Media Group is a part of the Actera Group, the leading private equity fund in Turkey. Although specific details on the latest investment and investors are not available, Karnaval's robust position in the market and its impressive portfolio make it an intriguing prospect for potential investors and industry observers.
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