Record was founded by
Manuel Dias. Dias was a newspaper vendor as well as an athlete. Dias participated the
1936 Summer Olympics in
Berlin,
Germany. In 1949, Dias would enter the national lottery in Portugal and would win 40 contos. Dias would use these funds to establish the
Record newspaper. The first edition of the newspaper was published on 26 of November 1949 and was sold on a weekly basis. Over the 63 years,
Record have had a difficult times and gone through becoming a
privatized company to a publicly traded one. Before the
Carnation Revolution (1974)
Record belonged to the Banco Borges and Irmão, a bank. Then it was
nationalized following the revolution and its
Processo Revolucionário Em Curso. The company was headed by
Pedro Santana Lopes, a member of the
Social Democratic Party (PSD). In 2005,
Record created an award called the Artur Agostinho Award in memory of
Artur Agostinho; the award distinguishes the person of the year in sport. ==Circulation==