Globo (conglomerate)

Grupo Globo, also known as Organizações Globo[4] (English: Globo Organization[5]), is the largest mass media group of Latin America, founded in Rio de Janeiro, Brazil, in 1925 by Irineu Marinho. It also formerly owned companies in the food industry, real estate and financial markets.

Not to be confused with Global Media Group in Portugal.
Grupo Globo[1]
TypePrivate
IndustryMedia conglomerate
Founded25 July 1925
Founder
  • Irineu Marinho
Headquarters
Rio de Janeiro
,
Brazil
Area served
Worldwide
Key people
Jorge Nóbrega
(CEO)[2]
Roberto Irineu Marinho
(Chairman)
Products
Revenue US$4.4 billion (2017)
Total equity US$542.5 million (2016)
OwnerMarinho family
Subsidiaries
Websitegrupoglobo.globo.com

History

The company's first enterprise was the newspaper A Noite. With its success, publishing in the late afternoon, Irineu Marinho decided to launch the morning daily O Globo in 1925. After his sudden death, just weeks after its launch, his son, Roberto Pisani Marinho, became the company's director. Working actively in the media business, Roberto Marinho decided to invest in other areas and launched Radio Globo in 1944. However, the company only became recognizable nationwide after the launching of Rede Globo, the world's second-largest commercial TV network in 1965.[6]

The company is currently run by the sons of Roberto Marinho: Roberto Irineu Marinho, João Roberto Marinho and José Roberto Marinho. In May 2013, a study released by media agency ZenithOptimedia showed Globo occupied the 17th place in a list of the top global media owners. It was the first time the company appeared on this ranking.[7] This ranking remained in 2015,[8] but in 2017 the company's fell to 19th place,[9] and in June of the same year Grupo Globo signed a joint venture deal with Vice Media.[10] As of 2021, the company underwent a major restructuring with all entertainment assets owned by the group now under the name Globo.

Business of the Group

Free-to-air television

Cable television

Radio

Internet
  • Globo.com[12]
  • G1 (news)
  • ge.globo (sports)
  • Gshow (entertainment)
  • TechTudo (technology)

Books, newspapers and magazines

Other companies

Corporate structure

References
  1. "Grupo Globo explica reposicionamento". Meio & Mensagem (in Portuguese). 11 September 2014.
  2. Chris Ariens (6 September 2017). "Q&A: Globo's CEO on How the Latin American Media Giant Is Competing With Netflix". Adweek. Archived from the original on 13 September 2017. Retrieved 26 October 2017.
  3. John Hopewell (23 February 2016). "Brazilian Giant Globo Reveals First Results, Strategies of New VOD Service Globo Play (EXCLUSIVE)". Variety. Archived from the original on 13 September 2017. Retrieved 26 October 2017.
  4. "Organizações Globo adotam nova marca: Grupo Globo". O Globo (in Portuguese). Rio de Janeiro: Grupo Globo. 27 August 2014. Archived from the original on 24 August 2016. Retrieved 26 October 2017.
  5. Globo.com - Other Media, Rede Globo, archived from the original on 11 June 2015, retrieved 26 October 2017
  6. "Rede Globo se torna a 2ª maior emissora do mundo" [Rede Globo becomes the 2nd largest broadcaster in the world] (in Portuguese). O Fuxico. 11 May 2012. Archived from the original on 14 May 2012. Retrieved 22 May 2012.
  7. "Top 30 Global Media Owners 2013" (PDF). Zenith.
  8. "Top 30 Global Media Owners 2015" (PDF). www.zenithoptimedia.com.cn. Archived from the original (PDF) on 24 August 2016. Retrieved 9 June 2016.
  9. "Top 30 Global Media Owners 2017". Zenith. Archived from the original on 27 October 2017. Retrieved 26 October 2017.
  10. Lukas I. Alpert (22 June 2017). "Vice Media Signs Deal With Brazil's Grupo Globo". The Wall Street Journal. Archived from the original on 17 October 2017. Retrieved 26 October 2017.
  11. Rede Globo. "Página oficial da Globo" (in Portuguese). Retrieved 13 May 2018.
  12. Globo Comunicação e Participações SA. "Globo.com" (in Portuguese). Retrieved 13 May 2018.
  13. Grupo Globo. "Board of Directors". Retrieved 13 May 2018.
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