El Tiempo
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El Tiempo is the highest circulation daily newspaper in Colombia and the only non-tabloid daily with national distribution. As of 2004, it had an average weekday circulation of 314,000, rising to 453,000 for the Sunday edition.
The newspaper was founded in 1911 by Alfonso Villegas Restrepo. In 1913 it was purchased by Eduardo Santos Montejo. El Tiempo is still owned by the Santos family, as part of the media conglomerate Casa Editorial El Tiempo. It should be noticed that prominent members of Álvaro Uribe's administration belong to the family, as Vicepresident Francisco Santos Calderón and Defence Minister Juan Manuel Santos.
El Tiempo enjoys monopoly status in Colombian media as the only daily that circulates nationally, as most smaller dailies have limited distribution outside their own regions. El Espectador, El Tiempo's longtime rival, was reduced to a weekly publication following an internal financial crisis in 2001.
El Tiempo is published in six regional editions:
- Bogotá
- Caribe (Barranquilla, Cartagena, Santa Marta, Sincelejo, Riohacha and Valledupar)
- Medellín
- Café (Pereira, Manizales, Armenia)
- Cali (Cali, Popayán, Pasto)
- Region, for the remainder of the country.
El Tiempo is part of Grupo de Diarios América (America Newspaper Group), an organization of eleven leading newspapers from eleven Latin American countries.