''Buenos Aires Económico'', known also as BAE, is an

Argentine Argentines, Argentinians or Argentineans are people from Argentina. This connection may be residential, legal, historical, or cultural. For most Argentines, several (or all) of these connections exist and are collectively the source of their ...

newspaper A newspaper is a Periodical literature, periodical publication containing written News, information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as poli ...

founded in 1998 by Armando Torres as an alternative to the well-established Buenos Aires financial newspapers

El Cronista (''Spanish language, Spanish: The Reporter'') is a daily business newspaper published in Buenos Aires, Argentina. It was founded by Martin Giménez Antonio and first published as ''El Cronista Comercial'' on November 1, 1908. In 1989 the nam ...

and

Ámbito Financiero ''Ámbito Financiero'' is an Argentine newspaper founded on December 9, 1976, by economist Julio Ramos, Julio A. Ramos. It is one of the main economic newspapers. It was initially sold in Buenos Aires Central Business District, Downtown Buenos Aire ...

. Following poor sales,

Daniel Hadad Daniel Hadad (born November 28, 1961) is an Argentine lawyer and businessman involved in telecommunications and media. Biography Daniel Hadad was born in Buenos Aires in 1961 into a family of Syrian origin. He earned degrees as a lawyer and j ...

and Sergio Szpolski bought the paper late in 2001. A year later, Szpolski transferred all his shares to Hadad. Then its name changed to Infobae Diario and turned into a general newspaper. In parallel the website Infobae.com was launched. The paper and the accompanying website were the basis on which the media group Grupo Infobae was founded. While the website attracted an increasing number of visitors, the paper edition ran behind in sales. In 2007 Hadad took the decision to keep for himself the website with the new name and reverted the paper edition to its original name as well as putting it on sale. Later in the year Sergio Szpolski bought the newspaper operations and integrated it in his media group. On November 4, 2010, Spolski sold the paper to the media conglomerate property of Raúl Olmos that publishes the Crónica newspaper. Following the operation the paper adopted its current motto.

References

Daily newspapers published in Argentina Spanish-language newspapers Newspapers established in 1998 Mass media in Buenos Aires 1998 establishments in Argentina Argentine news websites {{Argentina-newspaper-stub