What is 20minutos?
20 minutos is a Spanish newspaper of general information and free distribution that is published from Monday to Friday. It belongs to 20 Minutos Editora, S.L. The company is part of the Heraldo Group, which has 120 years of history and more than 1,500 employees.
History
On 3 February 2000, Madrid y m@s was born, published by Multiprensa y Más and nicknamed “the first newspaper that does not sell out”, with a circulation of 100,000 copies distributed by hand in the busiest places in the city. In November of the same year, the Barcelona edition, Barcelona y m@s, was launched, also with 100,000 copies.
In the summer of 2001, 20 Min Holding, a subsidiary of the Norwegian multimedia group Schibsted, bought a majority stake in Multiprensa y Más. The newspaper changed its name to 20 minutos, a brand name already used by Schibsted in other countries where it published free newspapers, and began to publish 300,000 copies a day in Madrid and 200,000 in Barcelona, opening new distribution points in Madrid city and throughout the Autonomous Community.
In 2003, 20minutos Sevilla and 20minutos Zaragoza were born. In 2004 Valencia and Alicante. It was in 2005 when the newspaper reached its greatest expansion to date, with the incorporation of 8 new editions: Malaga, Granada, Murcia, Cordoba, Bilbao, Valladolid, La Coruña, Vigo and Asturias.
In December of the same year, five years after its birth, 20minutos became the most widely read newspaper in Spain, according to the General Media Study (EGM).
It is currently present in seven Spanish cities such as Madrid, Barcelona, Valencia, Seville, Malaga, Granada and Cordoba.
Grupo Heraldo and the works council of 20 Minutos negotiate the number of redundancies
In June 2015, the Heraldo Group and the Works Committee of the 20 Minutos newspaper negotiated in a hotel in Madrid the number of workers to be made redundant and their compensation, as well as the new conditions for the professionals who would remain at the free daily.