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Olímpica Stereo

Olímpica Stereo is the most listened radio station in Colombia. It registers a 21% of preference among all the listeners in the country. It belongs to the Organización Radial Olímpica Network, which is owned by the Char Family, one of the most influential of the Colombian Caribbean coast. Olímpica Stéreo manages a mainly musical programming. However, it broadcasts informative sections for 15 seconds several times a day, in which the four most important headlines are presented.

 

In the advertising spaces of the media is quite common the advertising of the companies belonging the Char Family, as Olímpica supermarkets and drugstores.

 

Today, Olímpica Stereo is broadcast in Armenia, Barranquilla, Bogota, Bucaramanga, Cali, Cartagena, Cúcuta, Ibagué, Manizales, Medellín, Montería, Neiva, Pereira, Santa Marta, Sincelejo, Valledupar and Villavicencio. The Organización Radial Olímpica has four radio systems and about 30 frequencies. It also has two brands with presence in Panama (La KY and Radio Mil).

 

It is in the year 1969 when the Char Family purchases Radio Regalos, the seed of the Organización Radial Olímpica ORO. For the period 1972-1973 the Olímpica stations expand with Radio Príncipe (am) and Emisoras Atlántico. In 1978, Olímpica Stereo was officially created. The following year it begins its expansion to the main cities of the country.

 

Key facts

Audience Share

21 %

Ownership Type

Private

Geographic Coverage

regional - Armenia, Barranquilla, Bogotá, Bucaramanga, Cali, Cartagena, Cúcuta, Ibagué, Manizales, Medellín, Montería, Neiva, Pereira, Santa Marta, Sincelejo, Valledupar y Villavicencio

Content Type

Free Content

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups

Organización Radial Olímpica S.A.

Ownership

Ownership Structure

Char Hermanos Ltda is the greatest shareholder of the Organización Radial Olímpica S.A. media group with 39.1 %. The company Char Díaz y Cia and Farid Char y Cia S.C. own the remaining shares. The
owners of these three companies are the Char Family. The Char’s are also owners of several companies on different sectors like trade, financial, industrial, real state, among others.

Voting Rights

No Data

Group / Individual Owner

Char Hermanos Ltda.

Company of the Char Family with the following partners:
Bapacol SAS, Alejandro Char Chaljub, Jabib Char Abdala, Antonio Char Chaljub, Farid Char y Compañía SC, Lilia Esther Navas Navarro, Simba Ltda, Gladys Beatriz Yidi de Char.

39.1%
Media Companies / Groups
Facts

General Information

Founding Year

1969

Founder

Fuad y Miguel Char Abdala | Fuad was the Governor of Atlántico in 1984, Minister of Development (between 1986–1990), Ambassador in Portugal (2007-2008) and Senator of the Republic in several terms (1992-1994; 1994-1998; 1998-2002; 2002-2006). He began his

Ceo

Pedro Antonio Segrera Gómez

Editor-In-Chief

Dalia Bernal Monsalve

Other Important People

Antonio Char Chaljub

He is the president of Grupo Empresarial Olímpica. He is a partner of the company Char Hermanos Limitada, which controls 39.1% of the Organización Radial Olímpica S.A. He also participates in the companies Supertiendas y Droguerías Olímpica S.A and Granos y Cereales de Colombia S.A.; companies owned by the Char Family who also control shares in the media group. He was president of Club Junior of Barranquilla (owned by the Char Family) between 1991-1993; 1998; 2001; 2004-2007; 2010-2013. He is the son of Fuad Char Abdala, a Colombian politician and well-known entrepreneur in the Caribbean Coast.

Contact

Carrera 46

94 - 29 / Bogotá Sitio web: www.olimpicastereo.com.co

Financial Information

Revenue (in Mill. $)

USD $ 24.763.000 / $ 72.921 millions

Operating Profit (in Mill. $)

USD $ 2.022.920 / COP $ 5.957 millions

Advertising (in % of total funding)

No Data

Market Share

No Data

Further Information

Meta Data

Financial information: exchange rate: 1 USD = 2.937,88 COP

Sources

E-informa. Perfil económico de empresa Char Díaz S.A.

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