Globo Comunicacao e Participacoes S.A. is a Brazilian media company engaged in television content production and broadcasting activities. It is also involved in Pay TV programming, publishing and printing.
The company produces and broadcasts television content such as current affairs, sports, children's and reality programmes. The company operates 5 television channels in Rio de Janeiro, Sao Paulo, Recife, Brasilia and Belo Horizonte.
Pay TV Services
Globo produces Pay TV content and offers services to multiple system operators. The company provides television and film programming to subscription television operators via satellite through its 116 full-time affiliated television stations.
The company also publishes books and magazines.
Globo operates an online entertainment website, provides Internet and telephone services over cable and it is also engaged in sound recording activity, production, development and distribution of audiovisual content.
In the year ended December 2010, Globo Comunicacao e Participacoes S.A achieved revenue of BRL 10,398 billion with an annual growth of 24% and net profit of BRL 2.7 billion.