The company owns Clarín, a newspaper with the largest circulation in Argentina that prints over 1,000,000 copies of its Sunday edition.
Canal 13 is the second most popular TV station in Buenos Aires and Grupo Clarín owns it, too, among many other media assets.
Clarín owns over half of the pay-TV market and has significant power in controlling news, paper, film, and TV production companies.
Telefónica owns commercial broadcast TV stations as well as landline-based and cell phone companies.
The company began within the Mendoza province and expanded to the rest of the nation, although it does not have much market penetration in Buenos Aires.
For example, Grupo América is a media company owned by two businessmen, Daniel Vila and José Luis Manzano.
Manzano and Vila control to broadcast channel América TV and its cable TV channel América 24, La Red radio and newspaper networks including La Capital del Rosario and Diario UNO in Entre Rios, Mendoza and Santa Fe.
With its extensive network of media services, the company reaches about 25 million people in Argentina and thus constitutes the second largest multimedia group in the country.
[4] Foreign investment companies, such as Viacom, Turner and Fox, mostly run the most popular TV stations.
According to Human Rights Watch, the new agency reported to the executive branch, thus “compromising its ability to act independently from government interests.”[7] As of 2019, large media groups have experienced a growth in profits and earnings.
The merger also created the first ever company in Argentina to be allowed to offer what is known as “quadruple play”: landline, mobile, cable, and Internet services to consumers.
[4] Because of President Macri's changes to the regulatory landscape, Clarín expanded its business into the telecommunications industry.
Many large Argentine media groups strongly opposed the SCA Law, and there was even a flood of litigation after its passage and implementation.