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The Write News -- News,
features and resources for media and publishing professionals

Friday, January 30, 2004

Lozano Enterprises Acquires Equity Investment in La Opinion

The management of La Opinion, the nation's largest Spanish language daily newspaper, announced they acquired Tribune Company's equity investment in La Opinion. The transaction formally dissolves the companies' partnership. The partnership began between La Opinion and the Times Mirror Company in 1990. Tribune Company acquired the Times Mirror Company in June 2000.

"The time is right for La Opinion to operate as an independent newspaper," said Jose Ignacio Lozano, Publisher and CEO of La Opinion. "We appreciate and respect our nearly 14-year partnership with the former Times Mirror Company and Tribune Company; and look forward to continuing our service to the Spanish-speaking communities of Southern California as we have for more than seven decades."

La Opinion was established in Los Angeles in 1926. From 1926 through 2003, La Opinion's growth has mirrored the rise of the Hispanic population in Los Angeles and the state of California. It is now the largest Spanish language daily newspaper in the nation with over 427,800 daily readers throughout the Southern California area.



Related Links:
· La Opinion





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