Empresa Periodística La Nación S.A.
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Empresa Periodística La Nación S.A.
Empresa Periodística La Nación S.A. is a Chilean state-owned media company, currently in liquidation. It was founded on 4 January 1917 by Eliodoro Yáñez. It remained a private company until July 1927, when, during the dictatorship of Carlos Ibáñez, it was expropriated. Since that date, 69% of its property has remained in the hands of the Chilean government. Media properties Newspapers * ''La Nación'' (printed 1917–2010, continued online as lanacion.cl) * ''Diario Oficial de la República de Chile'' (''Official Journal of the Republic of Chile''; created in 1876 and edited by the National Press; Empresa Periodística La Nación S.A. put in charge of printing 1931–1934 and assumed direct control in 1934) * ' (evening paper, 1922–1931, 1953–1955) * ' (free evening paper, 2001–2002) * ''El Nortino de Iquique'' (1991–2003) Magazines * ''La Fusta'' (equestrian magazine, 1975–present) * ' (sports magazine, 1986–present Other media and businesses * Radio La Naci ...
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Chile
Chile, officially the Republic of Chile, is a country in western South America. It is the southernmost country in the world and the closest to Antarctica, stretching along a narrow strip of land between the Andes, Andes Mountains and the Pacific Ocean. Chile had a population of 17.5 million as of the latest census in 2017 and has a territorial area of , sharing borders with Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage to the south. The country also controls several Pacific islands, including Juan Fernández Islands, Juan Fernández, Isla Salas y Gómez, Desventuradas Islands, Desventuradas, and Easter Island, and claims about of Antarctica as the Chilean Antarctic Territory. The capital and largest city of Chile is Santiago, and the national language is Spanish language, Spanish. Conquest of Chile, Spain conquered and colonized the region in the mid-16th century, replacing Incas in Central Chile, Inca rule; however, they Arauco War ...
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Liquidation
Liquidation is the process in accounting by which a Company (law), company is brought to an end. The assets and property of the business are redistributed. When a firm has been liquidated, it is sometimes referred to as :wikt:wind up#Noun, wound-up or dissolved, although Dissolution (law), dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or Government agency, agency in a country responsible for collecting and safeguarding Duty (economics), customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a ''creditors' liquidation'' or ''receivership'' following bankruptcy, which may result in the court creating a "liquidation trust"; or sometimes a court can mandate the appointment of a liquidator e.g. ''wind-up order'' in Australia) or voluntary (sometimes referred to as a ''sharehold ...
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Eliodoro Yáñez
Eliodoro Yáñez Ponce de León (May 6, 1860 – July 26, 1932) was a Chilean journalist, lawyer, and politician, and was one of the founders of ''La Nación'' newspaper. He also served several times as minister and as President of the Senate of Chile. Yáñez was born in Santiago, the son of Manuel Antonio Yañez Guerrero and of María Josefa Ponce de León. He coursed his liberal arts studies at the Instituto Nacional, and then enrolled in the Universidad de Chile, where he obtained his law degree on 27 May 1883. He soon became known as one of the most versed men around when it came to knowledge and interpretation of laws, and he also had very sound reasoning; the cases (cause) he won in court, where he was highly respected, are thanks to these qualities. His level of prestige was such that his opinions were considered decisive, and were sought out by professionals and magistrates for the resolution of complicated matters. His unquestionable calling as a jurist led him to dev ...
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Carlos Ibáñez Del Campo
General Carlos Ibáñez del Campo (; 3 November 1877 – 28 April 1960) was a Chilean Army officer and political figure. He served as president twice, first between 1927 and 1931, and then from 1952 to 1958, serving for 10 years in office. Early life Carlos Ibáñez del Campo was born to Francisco Ibáñez and María Nieves del Campo. On his father's side, his family descended from the Irish captain, John Augustine Evans, a native of Galway, who arrived in Chile in 1730 after the shipwreck of HMS Wager on the island of the same name, and who Hispanicized his surname. Captain Evans contacted Ambrosio O'Higgins, Governor of Linares, who entrusted him with the administration of the Royal Treasury of Perquilauquén. Ibáñez's ancestors include members of the Alvarado family of Spanish conquistadors. He was a direct descendant of García de Alvarado. On his maternal side, he is descended from the Frenchman Giles Du Champ, who arrived in Chile in 1700 and settled in Concepci ...
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Expropriation
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized prope ...
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La Nación (Chile)
''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 dictator 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. Foundation and expropriation 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 i ...
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Diario Oficial De La República De Chile
The ''Official Journal of the Republic of Chile'' () is Chile's government gazette – a means of publication of laws, decrees, and other legal regulations issued by state bodies. It was created by decree of President Aníbal Pinto on 15 November 1876. Its first issue was published on 1 March 1877. The ''Official Journal'' appears Monday through Saturday, except holidays. History The ''Official Journal'' replaced '' El Araucano'', which had been the official government gazette from 1830 to 1876. It was created on the initiative of Interior Minister José Victorino Lastarria, who wanted a formal means of regulating the publication of official documents. The first director of the National Press was Ricardo Becerra. In his early years, he continued to publish editorial columns as in the ''Journal''s predecessor, but subsequently focused on official documents (laws, decrees, etc.) only. In 1880 Becerra was replaced by Guillermo Blest Gana, who was succeeded by Alcibiades Roldán (1 ...
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Copesa
Copesa (Consorcio Periodístico de Chile) is one of the more important Chilean media conglomerates. Copesa is controlled by Álvaro Saieh, a Chilean business man. Overview Copesa was launched during the mid-1950s by the wealthy Pico-Cañas family. In the areas of newspaper circulation, El Mercurio and Copesa exert an unchallenged media duopoly in Chile. Copesa's success was largely the work of two prominent members of the Chilean right-wing political and business sector, Álvaro Saieh and Carlos Abumohor. In November 1988, the two investors joined forces with other businesspeople and members of the government to revamp the indebted conglomerate. Saieh became the largest shareholder with 33% while Abumohor held 16.6%. A month later, in December 1988, Saileh took control of the political magazine '' Que Pasa'', which was incorporated into Copesa. Copesa published the news daily , which is the second most read newspaper in Chile. In 2002, had a daily circulation of about 210 ...
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Online Newspaper
An online newspaper (or electronic news or electronic news publication) is the electronic publishing, online version of a newspaper, either as a stand-alone publication or as the online version of a printed periodical literature, periodical. Going online created more opportunities for newspapers, such as competing with broadcast journalism in presenting breaking news in a more timely manner. The credibility and strong brand recognition of well established newspapers, and the close relationships they have with advertisers, are also seen by many in the newspaper industry as strengthening their chances of survival. The movement away from the printing process can also help decrease costs. Online newspapers, like printed newspapers, have legal restrictions regarding libel, privacy, and copyright, also apply to online publications in most countries as in the UK. Also, the UK Data Protection Act 1998, Data Protection Act applies to online newspapers and news pages. Up to 2014, the Pres ...
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Santiago Metro
The Santiago Metro () is a rapid transit system serving the city of Santiago, the capital of Chile. It currently consists of seven lines (numbered 1-6 and 4A), 143 stations, and of revenue route. The system is managed by the state-owned Metro S.A. and is the first rapid transit system in the country. The Santiago Metro carries around 2.5 million passengers daily. This figure represents an increase of more than a million passengers per day compared to 2007, when the ambitious Transantiago project was launched, in which the metro plays an important role in the public transport system serving the city. Its highest passenger peak was reached on 2 May 2019, reaching 2,951,962 passengers. In June 2017 the government announced plans for the construction of Santiago Metro Line 7, Line 7, connecting Renca in the northwest of Santiago with Vitacura in the northeast. The new line will add and 19 new stations to the Metro network, running along the municipalities of Renca, Cerro Navia, Qui ...
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