Grupo Clarin

Grupo Clarín S.A.

Type	Public
Traded as	:  : GCLA
Industry	Mass media
Founded	1999
Headquarters	Buenos Aires, Argentina
Key people	Ernestina Herrera de Noble (Chairperson) Héctor Magnetto (CEO)
Products	Newspapers Newsprint Cable television Radio broadcasting Internet service
Revenue	US$ 2.2 billion (2011)
Net income	US$ 278 million (2011)
Total assets	US$ 2.4 billion (2011)
Number of employees	7,000
Website	www.grupoclarin.com

Grupo Clarín is the largest media conglomerate in Argentina.

Established as such in 1999, it includes the Clarín newspaper (the most-widely circulated in Latin America), Papel Prensa (the nation's principal newsprint manufacturer), Cablevisión cable television, the Artear media company, and numerous other media outlets.

Rooted in the successful, 1945 launch of the centrist daily, Clarín, by the late Roberto Noble, the group is active within the publishing, newspaper, television, radio, and telecommunications industries. Its largest shareholder is Ernestina Herrera de Noble. Other major shareholders include Héctor Magnetto, José Antonio Aranda, Lucio Rafael Pagliaro, and the investment bank Goldman Sachs. Magnetto is the President and CEO of the media group, while Ernestina Herrera de Noble directs the flagship Clarín newspaper.

Having become the largest newspaper distributor in the Spanish-speaking world by 1980 (when its revenues topped US$900 million), the group diversified itself significantly in 1990, when it entered into television sector with the acquisition of Channel 13, and into radio with the purchase of Radio Mitre. Following the expansion into cable television in 1992 (Multicanal), Todo Noticias, the group's cable news channel, was established in 1993 and remains one of the most influential in its sector. The conglomerate also controls Patagonik Film Group and numerous regional newspapers (notably Los Andes of Mendoza and La Voz del Interior of Córdoba).