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Klan TV JSC

Klan TV JSC

TV Klan is one of the biggest media groups in Albania, owned by former journalist turned businessman Aleksandër Frangaj and his wife Alba Gina. TV Klan is active in TV and Radio Markets through TV Klan, Klan Plus, Radio Klan and indirectly through ABC News TV - where Frangaj family is a minority shareholder.

TV Klan is second biggest free on air media company in Albania by revenues and has the highest profits in the entire media market in the country, including pay per view distribution platforms. TV Klan has book value (total assets) of 2.4 Bn. Lek, (USD 18.8 Mio), which amounts to 15% of total assets of the TV media market in Albania.

TV Klan company own TV Klan channel, TV Klan Plus and Radio Klan. It owns one of the five digital terrestrial licenses.

TV Klan was founded in 1997 by three businessmen, Aleksandër Frangaj (50%), Marsel Skendo (25%) and Julian Roche (25%). Klan received one of the two national licenses in 2001.

Currently is owned by Aleksandër Frangaj (60%) and his wife Alba Gina (40%).

TV Klan is known for cultivating amicable relations with different governments and has been accused of receiving rewards for its pro government editorial line, including large volumes of government paid advertising.

Key facts

Business Form

Private

Legal Form

Joint Stock Company

Business Sectors

Radio and Television Broadcasting; Music Production; Digital Broadcasting Network

Ownership

Individual Owner

Media Outlets
Other Media Outlets

Other Online Outlets

www.klanplus.al

Facts

Media Business

Telecommunications

Hightel Towers Albania (4.42%)

Business

Television Broadcasting

Klan Kosova is a TV station in Pristina, Kosovo, which is owned by TV Klan.

General Information

Founding Year

1997

Affiliated Interests Founder

Aleksander Frangaj – is a former journalist and media entrepreneur with shares in TV Klan, ABC News and a company named Albania 2017 founded in 2017. He is a co-founder of the daily newspaper Koha Jone, the first independent newspapers published after the fall of communism in Albania. In 1997 Frangaj founded a company Media 6 with two other businessmen, Julian Roche and Marsel Skendo. Frangaj owned 50% of the company, while his two partners owned 25% each. The company published the weekly magazine Klan and launched the television station with the same name. In 2013, the name of the company was changed from Media 6 to TV Klan. To date, Frangaj owns 60%, while his wife Alba Gina owns 40% at TV Klan. He initiated a plan for satellite pay TV service called Satellite + in 2004 and in a similar platform focused on Sport called "Supersport" in 2006 through the shares owned by his wife Alba Gina. He is considered to be a pro-government media owner regardless of who holds the power and has managed successfully to switch allegiances and side with any party in power over the past 20 years.

Employees

Missing Data

Contact

National Television Klan, Rruga: “AleksanderMoisiu”, nr.97, PranëIsh – Kinostudio, 1007, Tirana, Albania.

Tel: +355 42 347 821/2/3;

Email: info@tvklan.al

Tax/ ID Number

J71413001L

Financial Information

Revenue (Financial Data/ Optional)

9.1 Mio. $ / 1.166 Bn. Lek

Operating Profit (in Mill. $)

1.93 Mio. $ / 247 Mio. Lek

Advertising (in % of total funding)

Missing Data

Management

Supervisory Board

Sotir Bicka – is a member of the supervisory board of TV Klan.

Other Influential People

Eduard Frangaj – is a journalist and the brother of Aleksander Frangaj the CEO and majority shareholder of TV Klan.

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

TV Klan is a joint stock company. Its ownership structure and financial statements are published in Albanian National Business Registry. For the purpose of evaluating weigh of assets and revenues of this company in the media market, MOM have calculated the value of assets, revenues and profits of 8 TV groups and two pay per view platforms. The companies included in the calculation are as follows: DigitAlb, Tring, Top Channel, Klan, Media Vizion, Multiscreen, Focus Media News, ABC News, Ora News and Scan.
The ownership structure and financial statement are publicly available on the Albanian National Business Registry. The financial data provided are for 2016. The Central Bank's average exchange rate for 2016 was used to convert the amounts into USD. Audience share for Top TV stations was provided by Abacus Research and Telemetrix for 2017, the data are conflicting that’s why both audience shares are presented.

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