Grupo Globo (English: Globo Group), formerly and still legally known as Organizações Globo[3] (English: Globo Organization[4]), is a Brazilian private entertainment and mass media conglomerate based in Rio de Janeiro, Brazil. Founded in 1925 by Irineu Marinho, it is the largest media group in Latin America, and one of the world's largest media conglomerates.[5][6][7][8]
 | |
| Grupo Globo[1] | |
| Company type | Private |
| Industry | Media conglomerate |
| Founded | July 25, 1925; 98 years ago (1925-07-25) |
| Founder |
|
| Headquarters |
,
Brazil
|
Area served | Worldwide |
Key people | João Roberto Marinho (Chairman & President)Roberto Irineu Marinho(Vice chairman) José Roberto Marinho (Vice chairman) |
| Products |
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| Revenue |  US$4.4 billion (2017) |
| Total equity |  US$542.5 million (2016) |
| Owner | Marinho family |
| Subsidiaries | List |
| Website | grupoglobo.globo.com |
Grupo Globo's assets comprises over-the-air broadcasting, television and film production, pay television subscription service, streaming media, publishing, and online services. Its main properties include the flagship television network TV Globo; pay television content unit Canais Globo, consisting of cable television networks such as GloboNews, GNT, Multishow, SporTV, Viva, Gloob, and the premium film network Telecine; film production company Globo Filmes; radio operator Sistema Globo de Rádio; magazine and newspaper publishers, Editora Globo and Infoglobo; and the streaming service Globoplay.
Grupo Globo also engages in venture capital activities through Globo Ventures, and is the primary supporter of the Roberto Marinho Foundation.
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 (now known as TV Globo), the world's second-largest commercial TV network in 1965.[9]
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.[10] This ranking remained in 2015,[11] but in 2017 the company's fell to 19th place,[12] and in June of the same year Grupo Globo signed a joint venture deal with Vice Media.[13]