History
The newspaper was founded in 1911 by Alfonso Villegas Restrepo. In 1913 it was purchased by his brother-in-law, Eduardo Santos Montejo. From then until 2007, El Tiempo's main shareholders were members of the Santos family, as part of the media conglomerate Casa Editorial El Tiempo. In 2007, the Spanish Grupo Planeta obtained majority ownership of the daily, but in 2012 sold majority ownership to Luis Carlos Sarmiento Angulo who now owns 86% of El Tiempo.
Read more about this topic: El Tiempo (Colombia)
Famous quotes containing the word history:
“What is most interesting and valuable in it, however, is not the materials for the history of Pontiac, or Braddock, or the Northwest, which it furnishes; not the annals of the country, but the natural facts, or perennials, which are ever without date. When out of history the truth shall be extracted, it will have shed its dates like withered leaves.”
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