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Grupo Infobae

Grupo Infobae

In 2012, after selling most of his media, including Radio 10 and the paid content channel C5N, Daniel Hadad started to build a digital multimedia group based on Infobae.com, a news website that had once belonged to newspaper Buenos Aires Económico (BAE). He added to his online news portal, the most visited in the country (its main competitor is Clarin.com) sports, technology and entertainment sites, a digital TV channel (Infobae TV) and a regional version of the site, Infobae América.

Even though Hadad is the group’s main shareholder, his wife Viviana Zocco – his partner in Grupo Vi-Da (Mundo TKM, BajaLibros, among others) – and his sister-in-law Eleonora Zocco also own stock. Other shareholders include Sandro Scaramelli and Pablo Cesar Deluca, who held managerial positions in Canal 9, C5N and Radio 10.

Through Scaramelli, Hadad is connected to two businessmen: Alfredo Yabrán, who committed suicide in 1998, when he was about to be arrested for the murder of photographer José Luis Cabezas, and Mario Montoto. Scaramelli was Operations Manager for OCA, when the correspondence services company belonged to Yabrán. In 2008 he created the surveillance and security cameras company Global View in partnership with Corporación para la Defensa del Sur S.A., owned by Montoto. Eleonora Zocco is also a member of the board of directors of Global View.

In 2017 Corporación América started to play a role in Infobae. Tomás Eurnekian, the corporation's Director and nephew of its owner, Eduardo Eurnekian, purchased 20% of Infobae América. He is also a member of the board of THX Medios, which controls Infobae. He was joined by Andrés Pedro Mariano Zenarruza, Director of several of the corporation’s companies, such as digital bank Wanap.

The group led by Eurnekian, who has one of the largest fortunes in Argentina according to Forbes, owns 52 airport concessions in Latin America and Europe. It also does business in the agribusiness, fuel, bank and infrastructure sectors.

Key facts

Business Form

Private

Legal Form

Joint stock corporation

Ownership

Individual Owner

Daniel Hadad

He is one of the most important media businesspeople in Argentina. Supported by Carlos Menem’s administration (1989–1999), he became a media businessman and then created a multimedia group that he later sold to Grupo Indalo. He only kept Infobae.com, which had already become one of the country’s most visited news portals.

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Media Outlets
Other Media Outlets

Other Online Outlets

Infobae.com (1.39%)

Facts

General Information

Founding Year

2002

Affiliated Interests Founder

Daniel Hadad

He is one of the most important media businesspeople in Argentina. He had a close relationship with Carlos Menem (1989–1999). During Menem’s administration, Hadad went from TV host to radio station owner and, later, he created a TV channel and several media.
In 2012 he sold all his media to Grupo Indalo, but he kept Infobae.com, which was already one of the country’s most visited news portals.
He and his wife, Viviana Zocco, are also members of Grupo Vi-Da. He has recently founded production company HSVG S.A., together with Fernando Sokolowicz, former shareholder of Página 12, and Benjamín Vijnovsky and Carlos Gorosito, owners of Radio Con Vos

Employees

250

Contact

Humboldt 1550, C1414BTD, city of Buenos Aires. TE: (54 011) 4779 8700

Financial Information

Revenue (Financial Data/ Optional)

Missing data

Operating Profit (in Mill. $)

Missing data

Advertising (in % of total funding)

$98.9 million (2017 private advertising) $38.3 million (2018 official advertising)

Management

Executive Board

Daniel Hadad; Eleonora Zocco; Tomas Eurnekian; María Laura Fogliatti; Pablo Cesar Deluca; Oscar Fernando Bianchi; Andrés Pedro Mariano Zenarruza

Non-Executive Board

Viviana Zocco; Sandro Scaramelli

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

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Meta Data

Internet market share was obtained from SimilarWeb in November 2018.
The number of employees was provided by the company THX Medios.

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