Company type | Private |
---|---|
Industry | Media conglomerate |
Founded | 1921 |
Headquarters | São Paulo, Brazil |
Key people | Luís Frias (Chairman) |
Products | Newspaper, Publisher, Internet, Fintech |
Revenue | US$ 3.0 Million (2021) |
US$ 500.0 Thousand (2021) | |
Number of employees | 7,000 |
Website | Grupo Folha |
Grupo Folha is the second largest Brazilian media conglomerate, after Grupo Globo. It was founded by Octávio Frias (1912–2007) and led by his son Luiz Frias since 1992.[1]
The group publishes Folha 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]