MADD Continuing Services After Turkish Competition Investigation

MADD Entertainment will be continuing its distribution services following the completion of an investigation by the Turkish Competition Authority into sector-wide practices in the Turkish series production and distribution market.

Though MADD will be continuing to operate as usual and remain fully active, the company will be transferred either to an independent purchaser or entirely to one of its shareholders. During the transition, MADD will operate with an independent management structure and on an arm’s-length basis with its shareholders.

In a letter to business holders, MADD emphasized, “We would like to reassure you that this development does not require any action on your side and does not impact existing or future agreements. Your usual contacts at MADD remain unchanged, and all work continues as planned.”