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El Mercurio

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El Mercurio
NameEl Mercurio
TypeDaily newspaper
FormatBroadsheet
Founded1900
FounderAgustín Edwards Mac-Clure
OwnerAgustín Edwards family
PublisherEl Mercurio S.A.P.
LanguageSpanish
HeadquartersSantiago, Chile
CirculationHistorically largest in Chile

El Mercurio is a major Chilean daily newspaper published in Santiago with historical prominence in Chile's public life. Founded at the turn of the 20th century by Agustín Edwards Mac-Clure, the paper has been associated with influential families, corporate groups and political actors across the 20th and 21st centuries. Coverage spans national politics, international affairs, business, and culture, intersecting with events and institutions throughout Latin America and beyond.

History

El Mercurio traces origins to 1900, amid transformations following the War of the Pacific and the consolidation of the Parliamentary Era (Chile). Early proprietors engaged with figures such as Pedro Montt, Germán Riesco, and Arturo Alessandri Palma as Chilean elites navigated export booms tied to nitrate and copper industries. Throughout the 1920s and 1930s the paper reported on administrations like Carlos Ibáñez del Campo and crises tied to the Great Depression (1929), often aligning editorially with the conservative Liberal Party (Chile, 1849) and elements of the Conservative Party (Chile). During the mid-20th century El Mercurio covered the presidencies of Gabriel González Videla, Jorge Alessandri, and Eduardo Frei Montalva, as well as social mobilizations associated with the Chilean labour movement and parties including Socialist Party of Chile and Communist Party of Chile. The paper's role became internationally prominent during the government of Salvador Allende and the 1973 Chilean coup d'état that brought Augusto Pinochet to power, a period that remains central to debates about media, politics, and foreign intervention involving actors such as the CIA and the administrations of Richard Nixon and Henry Kissinger. Post-dictatorship transitions involving Patricio Aylwin, Eduardo Frei Ruiz-Tagle, Ricardo Lagos, Michelle Bachelet, and Sebastián Piñera saw the paper adapt to new legal frameworks like the Transition to democracy in Chile and globalizing pressures from groups including Grupo Clarín and multinational investors.

Editorial Stance and Political Influence

Historically aligned with conservative and liberal-conservative currents, the paper has engaged with political leaders and parties such as Joaquín Lavín, Sebastián Piñera, Fernando Matthei, Hernán Büchi, and the Independent Democratic Union. Its editorial line has been analyzed in relation to think tanks like Fundación para el Progreso and policy debates in forums including the Inter-American Development Bank and the United Nations. Scholarly critiques reference interactions with international actors during the Cold War, such as Henry Kissinger, John Negroponte, and the United States Department of State. Media critics have compared its stance to outlets like La Nación (Chile), The New York Times, The Washington Post, The Guardian, and El País (Spain), noting editorial campaigns on privatization policies tied to figures like José Piñera and institutions such as the World Bank and the International Monetary Fund. Debates over press freedom, libel litigation involving personalities such as Isabel Allende and Ricardo Lagos, and interactions with regulatory bodies including the National Congress of Chile and courts have shaped perceptions of its political influence.

Organization and Ownership

Owned by the Edwards family and corporate entities, the publisher operates within a network connected to corporations and media groups like Copesa, Consorcio Periodístico de Chile, and historical competitors such as La Tercera. Leadership has included directors from families linked to banking institutions and commercial houses that engaged with international partners like J.P. Morgan and Société Générale. The organizational structure spans editorial boards, business divisions, and legal counsel that interface with advertising clients including multinational firms and Chilean conglomerates tied to sectors such as mining (Codelco), finance (Banco de Chile), and retail. The company has invested in digital platforms to compete with global digital players such as Google, Facebook, and streaming services, and has alliances with press organizations like the Inter American Press Association.

Circulation and Readership

As one of the highest-circulation dailies in Chile, the paper's readership historically included urban professionals, political elites, and business communities concentrated in Santiago Metropolitan Region, Valparaíso Region, and Biobío Region. Audiences intersect with subscribers to financial publications and users of services provided by Bolsa de Comercio de Santiago and trade associations representing exporters to markets including United States, China, European Union, and Mercosur. Circulation trends reflect global shifts in print media consumption observed by institutions such as the World Association of Newspapers and News Publishers and metrics tracked by regional research centers at universities including Pontifical Catholic University of Chile and University of Chile.

Notable Coverage and Controversies

The newspaper's coverage of the 1973 coup, the Pinochet era, and the Cold War has been the subject of investigations, scholarly works, and congressional inquiries involving actors such as U.S. Congress committees and historians affiliated with Harvard University and University of Oxford. Controversies include debates over published editorials, accusations of collaboration with intelligence agencies including the CIA, and libel cases before Chilean courts. High-profile reporting on corruption, human rights cases tied to trials of military officials, and economic reforms involving ministers like Hernán Büchi and Andrés Allamand have driven public debates and legal scrutiny. The paper has also been central to cultural coverage of artists and writers such as Pablo Neruda, Isabel Allende, Roberto Bolaño, and events like the Viña del Mar International Song Festival, while investigative pieces have engaged with institutions including Codelco and scandals involving corporate governance.

Supplements and Regional Editions

The publication produces regional editions and supplements addressing business, culture, and society with inserts covering topics like finance, technology, and lifestyle. Supplements have profiles of figures from international politics such as Barack Obama, Angela Merkel, Vladimir Putin, and Xi Jinping and cultural coverage referencing works by Gabriel García Márquez, Mario Vargas Llosa, Jorge Luis Borges, and festivals like Santiago a Mil. Regional editions cater to readers in centers such as Valparaíso, Concepción, Antofagasta, and Puerto Montt, and collaborate with international news agencies including Reuters, Agence France-Presse, and The Associated Press for global reporting.

Category:Newspapers published in Chile