Caracol Radio (Cadena Radial Colombiana, "Colombian Radio Network") is one of the main radio networks in Colombia. Founded in Medellín in 1948 when La Voz de Antioquia station acquired the 50% of Emisoras Nuevo Mundo, based in Bogotá. Julio Mario Santo Domingo was its main shareholder until 2003, when Spanish Grupo Prisa bought the Grupo Latino de Radio, whose 17% was Santo Domingo's. In 1945 Colombian Liberal Party politicians César García, Jorge Soto del Corral, Luis Uribe Piedrahita, Alberto Arango Tavera, Carlos Sanz Santamaría, José Gómez Pinzón, Alfonso López Pumarejo, and Alfonso López Michelsen created Sociedad Radiodifusión Interamericana, which would create the Emisora Nuevo Mundo in Bogotá. On 3 September 1948, La Voz de Antioquia acquired the 50% of Emisora Nuevo Mundo. Caracol would be legally founded in 1949. Coltejer, a textile company which had invested in La Voz de Antioquia and Emisoras Nuevo Mundo, would own some shares until 1959. More information...
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