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La Nación (Chile)

La Nación
LaNacion.png
Front page of La Nación's penultimate number, on 16 December 2010 (the final number was published three days later, on 19 December 2010).
Front page of La Nación's penultimate number, on 16 December 2010.
Type Daily newspaper
Format Tabloid
Owner(s) State of Chile (69%)
Founded 1917
Headquarters Santiago, Chile
Website www.lanacion.cl

La Nación is a Chilean newspaper created in 1917 by Eliodoro Yáñez and presided until 1927 by Carlos Dávila. It was a private company until 1927, when it was expropriated by president Carlos Ibáñez del Campo, and since then has remained a state property. Currently it is owned by Empresa Periodística La Nación S.A., which in turn is 69% owned by the State of Chile.

Is published by the SA La Nacion newspaper company that also publishes the Official Journal of the Republic of Chile. Company revenues come primarily from sales of the Official Journal and the printing division of the company, and currently the market share of the newspaper (except La Nación Domingo, the Sunday edition) is marginal, due to its low circulation.

The newspaper La Nacion was created in 1917 as a way to deliver information and compete with other newspapers of Santiago (El Mercurio, Las Ultimas Noticias, El Diario Ilustrado, among others). According to its founder, Eliodoro Yáñez, should give "priority attention to social problems affecting the population that represents the activity of labor and economic progress."

In July 1927, during his dictatorial regime, General Carlos Ibanez del Campo expropriated the newspaper, which became the medium and official government spokesman. After that, its rightful owner, Eliodoro Yanez, left Chile, remaining in exile until 1931. Back in his country, its efforts to recover the newspaper La Nacion were in vain and died in 1933, without receiving compensation for the expropriation of the incident. Until today the Chilean State has not assumed debt to the descendants of Eliodoro Yáñez, as regards the daily La Nación.


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