Montanelli continued his career at the Corriere della Sera newspaper in Milan, famously authoring deeply sympathetic articles from Hungary, during the 1956 Hungarian Revolution. In 1973, together with Enzo Bettiza, he founded and directed the Milan daily Il Giornale.

When Silvio Berlusconi, the proprietor of Il Giornale, entered politics and founded a new right-wing party Forza Italia, Montanelli came under heavy pressure to switch his editorial line to a position favourable to Berlusconi. Montanelli never hid his bad opinion of Berlusconi: "He lies as he eats", the journalist declared. In the end, protesting his independence, he founded a new daily, for which he resurrected the name La Voce ("The Voice"), which had belonged to an historical newspaper run by Giuseppe Prezzolini. La Voce, always an elitist paper, folded after about a year, and Montanelli returned to Corriere della Sera.

From 1995 to 2001 he was the chief letters editor of Corriere della Sera, answering a letter a day on a page of the newspaper known as "La Stanza di Montanelli" ("Montanelli’s Room"). In spite of having been a renowned anti-Communist all his life, Montanelli spent his last years vigorously opposing Silvio Berlusconi’s politics.

He died on July 22, 2001 at the La Madonnina clinic in Milan. The following day, Corriere della Sera published a letter on its front page: "Indro Montanelli's farewell to his readers".[[

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