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Grupo Abril

Abril Comunicações S.A.
Private
Industry Media conglomerate
Founded 1950
Headquarters São Paulo, Brazil
Key people
Giancarldo Civita (CEO and Chairman)
Products Publisher, Internet, Television
Revenue Increase US$5.0 billion (2012)
Increase US$400.0 million (2012)
Number of employees
6000
Subsidiaries Editora Abril, TVA, Abril Radiodifusão
Website www.grupoabril.com.br

Grupo Abril (simply also known as Abril) is a Brazilian media conglomerate headquartered in São Paulo. The company is the holding company of Editora Abril, which publishes the weekly newsmagazine Veja.

Victor Civita, an Italian businessman, founded Editora Abril in 1950, which was the first publisher of Walt Disney comics in Brazil. He also published other comics and books. Gradually, he developed magazines for specific markets. In the 1960s, with his son Roberto Civita, he expanded to publishing several market-specific magazines, such as Quatro Rodas, Claudia, and others. Veja, the weekly newsmagazine, was founded in 1968 and led by the younger Civita.

Abril had several partnerships in the emerging Brazilian pay TV market during the 90s, including local franchises of American channels such as Disney, MTV and ESPN. The company also entered in cable TV provider service with TVA and in the satellite television market with local version of HD TV.

With exception of MTV and TVA, all properties were sold until beginning of the 2000s. In 2007, Fiz TV and Ideal channels were launched in an effort to return to the pay TV market, but was a failure and the project was discontinued in 2009. Later, TVA was completely sold to Telefónica in 2012, MTV brand was returned to Viacom and its broadcast network was sold to Grupo Spring, which publishes the Brazilian edition of Rolling Stones, in the end of 2013.

Grupo Abril also is the owner of Fernando Chinaglia, the largest distributor of publications in Latin America, acquired in 2007.

In addition to its media interests, the group has entered the education market, with assets that produce many curriculum and instructional materials, including internet applications.


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