In the areas of newspaper circulation, El Mercurio and Copesa exert an unchallenged media duopoly in Chile.

Copesa's success was largely the work of two prominent members of the Chilean right-wing political and business sector, Álvaro Saieh and Carlos Abumohor.

In November 1988, the two investors joined forces with other businesspeople and members of the government to revamp the indebted conglomerate.

One such affiliation was with the digital company that produced "RadioZero," a music Internet site for younger audiences.

As a result of this agreement, they established Distribución y Servicios Meta, a company that distributes newspapers, magazines and books.