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Grupo Folha

From Wikipedia, the free encyclopedia
Brazilian media conglomerate

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Grupo Folha S.A.
Company typePrivate
IndustryMedia conglomerate
Founded1921
HeadquartersSão Paulo, Brazil
Key people
Luís Frias(Chairman)
ProductsNewspaper, Publisher, Internet, Fintech
RevenueIncrease US$ 3.0 Million(2021)
Increase US$ 500.0 Thousand(2021)
Number of employees
7,000
WebsiteGrupo Folha

Grupo Folha is the second largest Brazilianmedia conglomerate, afterGrupo Globo. It was founded byOctávio Frias (1912–2007) and led by his sonLuiz Frias since 1992.[1]

The group publishesFolha de S.Paulo, the largest circulation paper in the country, which since 1986 keeps the leadership among quality general-interest newspapers in Brazil.[2] In the last decade, the group nearly tripled its revenue, getting to R$2.7 billion in 2010.[1]EBITDA reached R$600 million in 2011.[3]

Internet

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UOL, controlled by Grupo Folha, is the leading Brazilian company for Web content and services, with 27.8 million unique visitors and about 4.3 billion pageviews every month. Launched in April 1996, UOL offered both Web access and content in a single package, becoming the leading ISP in the country.[1]

By the end of 2011, the group closed UOL's capital, buying back more than 17 million shares from minority shareholders and reaching more than 74% stock ownership; the group of shareholders led by businessman João Alves de Queiroz Filho, controller of the holdingHypermarcas, remained as a minority shareholder at UOL, with 25% of shares. Grupo Folha keeps the management.[1]

Other ventures

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Grupo Folha owns business unitsTransfolha (logistics) andFolhagráfica (printing). It also owns shares atPlural (printing) andSPDL (logistics).[1]

Plural, a 50-50 joint-venture withQuad/Graphics controlled by Grupo Folha, is the main graphic industry with offset printing presses in South America.[1] SPDL is a partnership between Folha (50%) and Estado (50%) groups, which distributes the newspapers by both companies.[1]

References

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  1. ^abcdefgPinto, Ana Estela de Sousa (2012). "Grupo Folha". In Alcino Leite Neto (ed.).Folha (in Portuguese) (1 ed.). São Paulo:Publifolha.ISBN 978-85-7914-371-7.
  2. ^IVCArchived 10 December 2012 at theWayback Machine
  3. ^"Grupo Folha triplica faturamento em dez anos e consolida liderança", Especial Folha 90 Anos

External links

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