Mega Channel, also known as Mega TV or just Mega, is a major television network in Greece. Teletypos S.A. was founded in 1989 under the name Teletypos Television Programmes S.A. and the trade name "MEGA CHANNEL." It was the first private television station in Greece, launched on air in November 20, 1989. Mega's programming consists mainly of Greek programmes such as comedies, dramas, news, current affairs and entertainment shows. In recent years, Mega Channel has overtaken its main rival ANT1 as the most popular channel in Greece, largely due to hit shows like 50-50, Sto Para Pente' and Savvatogennimenes. Mega Channel studios are located on Mesogeion Avenue in Athens. It was previously located in the town of Paeania, Attiki.