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:
“In history the great moment is, when the savage is just ceasing to be a savage, with all his hairy Pelasgic strength directed on his opening sense of beauty;—and you have Pericles and Phidias,—and not yet passed over into the Corinthian civility. Everything good in nature and in the world is in that moment of transition, when the swarthy juices still flow plentifully from nature, but their astrigency or acridity is got out by ethics and humanity.”
—Ralph Waldo Emerson (1803–1882)
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—Attributed to Georges Clemenceau (1841–1929)