Long live EL UNIVERSO
The sale of Diario EL UNIVERSO signifies the end of a historic cycle for journalism and democracy in Ecuador.
The recent sale of Diario EL UNIVERSO marks a significant turn in Ecuadorian journalism, concluding a 104-year legacy upheld by four generations of the Pérez family. This newspaper has not only been a key media outlet but also a staunch defender of free press as an essential pillar of democracy. The decision to transfer ownership to a major multimedia investment group reflects both the financial realities and the challenges faced by the press in Ecuador.
Over the years, especially during the most challenging periods under former President Rafael Correa's administration, Diario EL UNIVERSO incurred substantial costs to maintain its editorial stance against governmental pressure. This conflict was not just figurative; it involved substantial legal battles and threats that could have led to the newspaper's dissolution. The Pérez family took significant risks, sacrificing personal and financial security to uphold the values of journalistic integrity and freedom.
With the transition in ownership, there are many implications for the future of journalism in Ecuador. While the new investors may bring resources and potential growth opportunities, the challenge lies in maintaining the newspaper's commitment to independent and critical reporting. The legacy of Diario EL UNIVERSO will continue to influence Ecuadorian media and the ongoing struggle for press freedom in a politically charged environment.