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ADN

ADN arose in 2008 when the El Tiempo publishing house, controlled at that time by Planeta Group, adopted the idea of a free newspaper in the main cities. It circulates in the four largest: Bogotá, Cali, Medellín and Barranquilla. It was the first free newspaper to be distributed in Colombia, from Monday to Saturday. Its source of income is advertising sales. It was based on similar models in Spain, where Grupo Planeta has similar products.

The project was headed by Fernando Millán, who is the current Director of the newspaper. The first edition of DNA was launched in September 2008 following an aggressive publicity campaign. It has approximately 700 distribution points in the four cities.

It is owned by the El Tiempo CEET S.A. Publishing house and is one of company’s most profitable media. All four editions of Diario ADN are highly readable and is the second most read newspaper in the country.

 

Key facts

Audience Share

24 %

Ownership Type

Private

Geographic Coverage

Bogotá, Medellin, Cali, Barranquilla, Bucaramanga.

Content Type

Free Content

Active Transparency

company/channel informs proactively and comprehensively about its ownership, data is constantly updated and easily verifiable

4 ♥

Media Companies / Groups

Casa Editorial El Tiempo S.A.

Ownership

Ownership Structure

ADN is a magazine that belongs to the El Tiempo S.A. publishing house, which consists of five Grupo Aval companies, founded by the businessman, Luis Sarmiento Angulo. The group has links with other sectors and owns many other companies. The companies not mentioned below are Liinus Van Pelt SAS (0,002 %) and Inverprogreso with 0,0000004 % of shares.

Voting Rights

No Data

Group / Individual Owner

Inversiones Vistahermosa S.A.S.

This company belongs to the Aval Group.
The Inverprogreso S.A. company is the only shareholder of Inversiones Vistahermosa S.A.S., registering a direct equity interest of 0.000000427% in the El Tiempo CEET S.A publishing house.

66.6%
Media Companies / Groups
Facts

General Information

Founding Year

2008

Founder

Alfonso Villegas Restrepo | Colombian lawyer, journalist and intellectual of the first half of the 20th century.

Ceo

José Fernando Millán C | Director of the newspapers ADN, Boyacá Sie7e Days and Llano Sie7e Days.

Editor-In-Chief

Carlos Salgado R.

Other Important People

Juan Guillermo Amaya Salcedo

General Manager / Legal Representative. He served as Vice President of Technology of Grupo Aval Acciones y Valores S.A., from 2012 until his appointment as General Manager of the El Tiempo Publishing House He worked as a consultant for the World Bank and the German Technical Cooperation Office GTZ. He was deputy director of National Taxes in Planning and Development.

Contact

Dirección: Avda. Calle 26

68 b – 70 / Bogotá D.C.Teléfono: (1) 2940100. Sitio web: www.diarioadn.co

Financial Information

Revenue (in Mill. $)

USD $ 176.991.000 / COP $ 519.164 millions

Operating Profit (in Mill. $)

USD $ 4.217.460/ COP$ 12.371 millions

Advertising (in % of total funding)

No Data

Market Share

No Data

Further Information

Meta Data

Financial information: exchange rate: 1 USD = 2.933,28 COP

Information from official sources the share purchase transactions El Tiempo CEET S.A publishing house could not be found. It has argued in media statements that as a private company the information is confidential. Various related news items from the publishing house have circulated in the national press and / or been made through official communications by buyers and sellers: Grupo Planeta and the Luis Carlos Sarmiento Angulo Organization (OCSAL)
Information about the structure of ownership and management of the El Tiempo newspaper is difficult to access. It is necessary to search on the websites of external entities because there is no information available on the its own website.

Sources

Casa Editorial El Tiempo S.A., (2015). Certificado de existencia y representación legal, Casa Editorial El Tiempo S.A., del 5 febrero de 2015.

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