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Clarin (newspaper)
Clarin 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. Clarin 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. Its director is Marcelo Franco.
Grupo Clarin (Clarin Group) also prints the sports newspaper Ole (since 1996), Elle magazine in Argentina (since 1994), and the afternoon paper La Razon. 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 Clarin begins its plan of total expansion over media in Argentina. It buys Pagina 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.
December 27, 1999, The Clarin 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 Clarin 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.
See also
Clarin Awards
External links
Spanish language newspapers' Ranking
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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article Clarin (newspaper)
