Diario AS is part of PRISA which also owns El Pais and Cinco Días. The paper particularly covers news of the Community of Madrid football teams: Real Madrid, Atlético Madrid, Getafe CF, CD Leganés, and Rayo Vallecano. It competes directly with MARCA.
In May 2012 the newspaper launched an English language sub-site offering original journalism and articles translated from the original Spanish by native English-language speakers.
The circulation of Diario AS was 181,172 copies in 2001 and 176,892 copies in 2002. It rose to 214,654 copies in 2006.