Argentinian Media Company Gains Controlling Ownership of LA Opinión

Argentina’s La Nación S.A., owners of various magazines, websites and the prestigious newspaper La Nación, have added the largest U.S. Hispanic daily to their holdings.

Through their American subsidiary U.S. Hispanic Media Inc., S.A. has become the controlling shareholder of impreMedia, parent company of LA Opinión. From the press release:

This agreement will enable impreMedia to accelerate its transformation into a robust multimedia company by combining impreMedia’s knowledge of and access to the U.S. Hispanic market with USHM and La Nación’s know-how and successful track record across print and online media platforms in Latin America.

Argentinian newspaper La Nación was established in 1870, while LA Opinión was founded in 1926. Other assets of impreMedia include New York newspaper El Diario La Prensa and Vista magazine.