Kanal 5
"Kanal 5" television was established in 1998 under the name "TV BS", as a daughter company of the graphic company "Pechatnica BS" (‘printing house’ in Macedonian). The owner of the printing house, and thus the founder of the television, is Borislav Stojmenov. The ownership structure of "Kanal 5" has changed several times throughout its 25-year history, with the entry and exit of various business partners, but the Stojmenov family has almost always been a part of it, with the exception of the period between 2012 and 2015, when Vanja Gavrilovski, a long-time employee in the companies of the Stojmenov family, was the formal owner. Today the company is wholly owned by Emil Stojmenov, the son of the television’s founder Borislav Stojmenov.
In the first six years of its existence, "Kanal 5" broadcasted programs only in the area of the City of Skopje before receiving a national concession. Today, according to research by the Agency for Audio and Audiovisual Media Services (AVMU) and the International Republican Institute (IRI), it is the second most watched television in the country, right after Sitel.
During the ruling of the center-right VMRO-DPMNE party (2006-2017), when major violations of democratic standards and media freedoms were registered in the country, "Kanal 5" television was considered to be a part of the ruling party's propaganda machinery that strongly favored policies of the government and attacked the opposition in its informative and debate programs. After the change of government, the director Ivan Mirchevski apologized for such an editorial policy. Since, "Kanal 5" has no openly favorable stance towards any political party.
Audience Share
Missing Data
Ownership Type
Private
Geographic Coverage
National
Content Type
Free content
Media Companies / Groups
CBC Kanal 5
Ownership Structure
The television station "Kanal 5" is fully owned by Emil Stojmenov.
Individual Owner
General Information
Founding Year
1998
Affiliated Interests Founder
Is he founder of the television. He was born on April 4, 1940 in the village of Veljusa, Strumica. He has a Master's degree in accounting and finance and a Master's degree in marketing. He is one of the founders of the center-right VMRO-DPMNE party. He was finance minister in ex-primeminister Ljubco Georgievski's government from 1998 to 1999. After the split in the party that followed the fall of the government, he founded a new party which eventually merged with VMRO-DPMNE in 2012. He is the founder of several companies related to financial and consulting services.
Affiliated Interests Ceo
Has been the director of "Kanal 5" since 2010. He has been active in the media scene since the 1990s and has previously worked as a journalist and host of entertainment programs in the "Macedonian Radio Television". Mircevski is one of the leading people of the "Macedonian Media Association" (MMA), which consists of the five private television stations with national concessions. MMA was established as an association that protects the interests of these five television stations, and in the last three to four years, the association has become recognizable for its insistence on returning state funding to private television stations.
Affiliated Interests Editor-In-Chief
Has been in the journalism for about 15 years. Throughout his career, he has worked in several media, including the daily newspaper "Vecer" and the television stations "A1" and "TV24". At "Kanal 5", he began as a journalist and gradually advanced to the position of editor-in-chief. In addition to editing the news program, he is also the host of TV debates and interviews.
Contact
Address: Skupi 145. 1000 Skopje
phone: +389 2 3214307
email: desk@kanal5.com.mk
website: kanal5.com.mk
Financial Information
Revenue (in Mill. $)
4.13 Mln $ /242.09 Mln. MKD
Operating Profit (in Mill. $)
3.014 $ /176.629 MKD
Advertising (in % of total funding)
3.89 Mln $ /227.8 Mln. MKD (94%)
Market Share
18.70%
Further Information
Meta Data
The ownership structure and the financial reports are based on data recived from Central registry of the Republic of North Macedonia. The documents were received on 28.06.2023 based on a government decision from 2017 for free access for investigative journalists. The financial information is for 2022. For the calculation of the amounts in US dollars, the average exchange rate for 2022 from the National Bank of the Republic of North Macedonia was used.
