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Media ownership in Colombia is highly concentrated. The four largest newspapers together account for two-thirds of total readership, and the two largest television channels have about two-thirds of the market and 78% of advertising revenues,[1] according to a 2016 study by Reporters Without Borders and the Colombian Federation of Journalists.
In total, three companies control 57 percent of the market in print, television and radio. The owners of the three companies, Luis Carlos Sarmiento Angulo, Carlos Ardilla Lülle and Alejandro Santo Domingo, are among the 200 richest people in the world, according to Forbes.[2]
Needless to say, this means that the most popular media outlets in the country, in which the audience is concentrated, is privately owned. There are three state-owned television stations, but two private networks, Caracol and RCN, dominate viewership. Print media is all privately owned.[3]
^"Reporters Without Borders". Rsf.org. Retrieved 2 November 2018.
^"Los más ricos del mundo, según Forbes". Semana.com. Retrieved 2016-10-20.
^"Freedom of Press Report on Colombia". Freedomhouse.org. Retrieved 2 November 2018.
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