La Prensa (Buenos Aires)
La Prensa is an Argentine daily newspaper.
Based in Buenos Aires, it was founded on 18 October 1869 by Jose C. Paz. La Prensa ranked among the most widely circulated dailies in Argentina in subsequent decades, earning a reputation for conservatism and support for British interests in Argentina. Following the election of populist leader Juan Peron, La Prensa declined due to both competition from new dailies (notably Clarin), as well a to government pressure. This latter development culminated in the paper's April 1951 seizure by the state, and its sale to the CGT labor union.
La Prensa was returned to the Gainza Paz family by the succeeding regime in 1956, though its readership never regained its pre-1951 levels. Ultimately, the company sold its landmark Avenida de Mayo headquarters in 1988 to the city, with converted it into the City Cultural Ministry.
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article La Prensa (Buenos Aires)