Tiempo Argentino

Cooperativa Por Más Tiempo was created in 2016 to recover newspaper Tiempo Argentino, which was suddenly closed down by its owners. The initial capital came from the newspaper’s readers, who bought the special edition written by the cooperative’s workers to commemorate the 40-year anniversary of the 1976 coup. Tiempo Argentino reopened as a self-managed media with a print version on Sundays and a digital newspaper from Mondays to Saturdays. It is the only national newspaper supported by its readership, which contributes 70% of the cooperative’s income. This had allowed its employees to work independently and to be one of the few disagreeing voices in Argentina at a time of high media concentration. A model in Argentina, the newspaper organized a National Meeting of Recovered Newspapers in 2018 and founded Argentina’s National Network of Recovered Newspapers (RNDR), which today is comprised of 11 members. Before being recovered by its workers, the newspaper belonged to Grupo 23, a media conglomerate owned by Sergio Szpolski and Matías Garfunkel. Its business model was based on official advertising. Under the new administration and with no guarantees they would make easy money, the owners decided to strip the company’s assets. The cooperative’s members have filed charges against them.
Business Form
Private
Legal Form
Cooperative
Individual Owner
Other Print Outlets
Revista T
Other Online Outlets
Tiempoar.com.ar
General Information
Founding Year
2016
Affiliated Interests Founder
It comprises those press workers who organized themselves as a workers’ cooperative to recover the media where they used to work when the media’s former owners decided to close it without previous notice and without providing workers with any compensation. It has no external financial support and does not report formally to any political or social organization.
Employees
97
Contact
Tax/ ID Number
30-71522629-0
Financial Information
Revenue (Financial Data/ Optional)
21416411.4
Operating Profit (in Mill. $)
5928048.28
Advertising (in % of total funding)
10487631
Management
Executive Board
President
Secretary
Treasurer
Member
Member
Member
Member
Supervisory Board
Statutory Auditor
Further Information
Tiempo de resurrección (2016), visitado el 2 de enero de 2019
Meta Data
Advertising figures include private and official advertising in 2018.
Visits to Tiempoar.com.ar are a monthly average between October 2018 and January 2019.
Tiempo Argentino circulation data corresponds to October 2018.
The cooperative has no employees and all workers are its members.
Income data are from fiscal year 2017–2018 and include newspaper sales, contributions from members, advertising and special events.
Revenue numbers are the surplus of fiscal year 2017–2018. Since workers’ cooperatives are non-profit organizations, earnings are re-invested or distributed among their organization’s members to compensate them for their job.