International channel operator Turner Broadcasting System (TBS) has said it remains committed to Turkey, despite closing its TNT channel there.
TBS has confirmed it will cease business operations of TNT Turkey “with immediate effect,” though the channel will continue broadcasting until further notice. A message posted on the channel’s website informs viewers it will air a temporary schedule until it is taken off air.
“TNT Turkey has not performed and grown according to the business plan,” a statement from TBS said. “This led to a thorough business review, which concluded with this carefully considered decision.”
TNT Turkey launched in 2008 as a movie-based network and it was relaunched last year as a general entertainment channel. Following the closure, Time Warner-owned TBS said it is offering “the maximum support possible” to employees affected by the closure.
However, TBS-operated Cartoon Network and news channel CNN Turk will continue to operate as usual.
TBS added it remains committed to future investment in Turkey and its relationship with Dogan TV, with which it launched TNT in 2008 and CNN Turk in 1999. “Turner will continue to explore expansion opportunities in this important market,” the statement concluded.