THE PLANETA-EL TIEMPO DEAL

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Casa Editorial El Tiempo signed yesterday its financial and strategic partnership with Planeta, a Spanish multimedia group that will control 65% of Cada Editorial and 40% of City TV.

PRISA, publisher of El Pais wanted to buy El Tiempo but Planeta paid more and accepted that the editorial control of the Colombian company will remain under the Santos family.

Luis Fernando Santos, President of Casa Editorial El Tiempo was the dealmaker for this excellent move.

INNOVATION thinks that this sort of deal will happen more and more in the Latin American market.

Many family-owned newspapers need cash for future investments if they want to become competitive multimedia groups, and not just mono-media companies.

Foreign media investing will be a must.

And not just by Spanish media groups.

What about Napster, G+J, Edipresse, Handelsblatt, RCS, Springer or News International?

The Latin American media markets are booming.

INNOVATION has recently done media market profile analysis for potential European and American investors.

(Picture by Héctor Fabio Zamora, El Tiempo)

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I WORRY ABOUT… MORE NOW THAN I DO ABOUT…

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Last week, Time Warner Chairman-CEO Richard D. Parsons, who told a media conference audience in London:

“I’m going to say something I shouldn’t say.

I worry about CNN more now than I do about CNN.com.”

Well…

Let me say in the same way that:

I worry about The New York Times more now than I do about nytimes.com

I worry about The Guardian more now than I do about guardia.co.uk

I worry about El Pais more now than I do about elpais.es

I worry about The Asahi Shimbun more now than I do about asahi.com

I worry about USA Today more now than I do about usatoday.com

I worry about La Repubblica more now than I do about repubblica.it

I worry about The Wall Street Journal more now than I do about online.wsj.com

I worry about Clarin more now than I do about clarin.com

I worry about Die Welt more now than I do about welt.de

I worry about El Mundo more now than I do about elmundo.es

I worry about The Sidney Morning Herald more now than I do about smh.com.au

I worry about Reforma more now than I do about reforma.com

I worry about the Financial Times more now than I do about ft.com

I worry about O Globo more now than I do about oglobo.globo.com

I worry about Le Figaro more now than I do about lefigaro.fr

I worry about El Mercurio more now than I do about emol.com

I worry about Il Corriere della Sera more now than I do about corriere.it

I worry about El Tiempo more now than I do about eltiempo.com

I worry about the Dagens Nyheter more now than I do about dn.se

I worry about the South China Morning Post more now than I do about scmp.com

I worry about Zero Hora more now than I do about clicrbs.com.br

I worry about the Kleine Zeitung more now than I do about kleinezeitung.at

I worry about The Globe and Mail more now than I do about theglobeandmail.com

I worry about El Nuevo Dia more now than I do about endi.com

I worry about Argumenti i Fakti more now than I do about aif.ru

I worry about Helsingin Sanomat more now than I do about hs.fi

I worry about Segodnya more now than I do about segodnya.au

I worry about 24 Heures more now than I do about 24heures.ch

I worry about Frankfurter Allgemeine Zeitung more now than I do about faz.net

I worry about Gazeta Wyborcza more now than I do about gazetawyborcza.pl