IMG Worldwide and Turkish Conglomerate Dogus Group in Joint Venture to Develop Broad Range of Sports, Fashion and Entertainment Properties

ISTANBUL, TURKEY and NEW YORK, NY--(Marketwire - May 21, 2012) - Dogus Group, one of Turkey's largest private-sector conglomerates with a portfolio of 126 companies in finance, media, tourism, automotive, real estate, energy and construction assets, among others and IMG Worldwide, the global sports, fashion and entertainment company, today announced they have signed an agreement to form a 50/50 joint venture company in Turkey.