The newspaper struggled in its first three years until the 10 June 1903 regicide (as part of the May Coup) of King Aleksandar Obrenović in the neighbouring Kingdom of Serbia, which the paper reported on extensively and made it achieve enormous popularity.
After the Anschluß of Austria by Nazi Germany in 1938, all media had to undergo the Gleichschaltung, which meant losing all editorial independence.
At the beginning of the 1960s the journalist Fritz Molden wanted to buy the paper, but, according to Dichand, the Creditanstalt bank would not give him the necessary credit.
The highly influential Social Democratic Party of Austria (SPÖ) politician Franz Olah, then vice-president of the Austrian Trade Union Federation (ÖGB), brought Dichand into contact with the German businessman Ferdinand Karpik, who wanted to buy a share of 50%.
Marketing strategist Kurt Falk became Dichand's right-hand man, and the Krone developed into one of the most widely read Austrian newspapers.
They claimed that the former vice-president Franz Olah misused the trade union's funds for the purchase of the newspaper, using the German investor as a stooge.
He sold his shares to the German WAZ media group, which is said to have close connections to the Social Democratic Party of Germany (SPD).
[5] His appointment led to a power struggle between the Dichand family and the WAZ, a German media group that holds 50% of Kronen Zeitung.
[6] Acting editor-in-chief chosen by the WAZ is Michael Kuhn, publisher of the Mediaprint newspaper printing company.
[22] Many Austrian intellectuals hold the Kronen Zeitung responsible for the gains of the far-right Freedom Party (FPÖ) in the 1999 elections, claiming its journalism is selective to an unacceptable degree.
In 2008 a new policy became apparent when the paper orchestrated a focused (and successful) campaign for the replacement of chancellor Alfred Gusenbauer as the head of the SPÖ by Werner Faymann, a decade-long close friend of Hans Dichand.
On 27 June 2008 while the change of the guard at the top of the SPÖ was still ongoing, the paper published an open letter by Faymann (co-signed by Gusenbauer) to Dichand[23] in which the politicians announced that the party would make Austrian acceptance of EU decisions in "important matters" (such as a rephrasing of the EU Treaty or the admission of Turkey as a new member) contingent on the outcome of an Austrian popular referendum on such matters.
Although it is impossible to quantify the exact contribution of the support of Kronen Zeitung for Hans-Peter Martin's List to the 17.9% of the Austrian votes it secured in these elections, this figure is an approximate indicator for the newspaper's political muscle.
It played a part in the Ibiza Affair, when it was reported that the Austria's former Vice Chancellor Heinz-Christian Strache has shown intention to take over the Krone and use it to spread message from FPÖ.