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Clarín (newspaper) - Wikipedia, the free encyclopedia

Clarín (newspaper)

From Wikipedia, the free encyclopedia

The front page of Clarin Aug 1, 1952.
The front page of Clarin Aug 1, 1952.
Type Daily newspaper
Format Tabloid

Owner Clarin Group
Founded 1945
Political allegiance centrist
Headquarters Buenos Aires, Argentina

Website: www.clarin.com

Clarín is a major newspaper in Argentina, founded by Roberto Noble on August 28, 1945. It is politically centrist.

Based in Buenos Aires, the newspaper prints and distributes around 500,000 copies throughout the country. Clarín has a 44 percent market share in Buenos Aires. According to Alexa.com the electronic version of the paper www.clarin.com is the most visited Spanish language newspaper on the Internet[1]. Its director is Marcelo Franco.

Grupo Clarín (Clarín Group) also prints the sports newspaper Olé (since 1996), Elle magazine in Argentina (since 1994), and the afternoon paper La Razón. It also owns the majority of the Canal 13 TV network, 3 radio stations, and participates in other multimedia projects.

In 1988 the monopolistic group Clarín begins its plan of total expansion over media in Argentina. It buys Página 12, Radio mitre and obtains Canal 13 exchanging favors with Argentinian government at the time, monopolising soccer transmissions, taking south and northern mobile phones communications, and buys hundreds of cable TV companies, dominating one of the biggest periodical national companies, gets 800,000 cable customers, influences over the government to get favors from the official agency Telam - which until 1996 handled all advertisement from public organizations.[citation needed]

On December 27, 1999, The Clarín Group and Goldman Sachs, one of the leading firms in investment, subscribed an investment agreement where the group , managed by Goldman Sachs, made a direct investment in Clarín Group. The operation implied an increase of capital to the Clarin Group and the incorporation of Goldman Sachs as minority partner, with a participation of 18% of the stocks.

In 1995 Clarin launched Clarin.com the news website for the newspaper. Right now it boasts 4,000,000 unique visitors per month[citation needed].

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