Grupo Globo, a privately owned company headquartered in Brazil, was founded in 1925 and employs approximately 16,970 individuals. The company reported $3.3B in revenue as of 2025. Its main product focus spans technology, information, and media. Functioning as a mass media conglomerate, legally incorporated as Globo Comunicação e Participações S.A., the company operates with a significant presence in Latin America. It was founded with the launch of the O Globo newspaper and later introduced TV Globo. Through its 'Uma Só Globo' transformation strategy, the corporation unified its free-to-air broadcasting, pay-TV networks, publishing assets, and digital platforms into a single cloud-driven tech operation. This integration focuses on the Portuguese-language media landscape across Brazil and internationally.

Revenue

Founded

1925

Headcount

25,632

Headquarters

Brazil

Primary Segment

Technology, Information and Media

Ownership

Privately Owned

News Summary:

Eduardo Ludmer, head of legal for Boa Lion, the BetMGM Brazil joint venture between MGM Resorts International and Grupo Globo, stated on June 19, 2026, that the licensed gambling sector must collaborate with regulators and government to combat the "reputational contagion" posed by illegal operators in Brazil's black market. This statement followed Boa Lion's agreement on June 16, 2026, to acquire Bingão do Brasil, an online video bingo developer, for an undisclosed sum, expanding its iGaming portfolio in Brazil. The joint venture had initially announced its intent to acquire Bingão do Brasil on June 11, 2026, noting pending regulatory approvals. Earlier in the year, on February 9, 2026, Grupo Globo's machine learning engineer and AI researcher, Pedro Leite, was noted for his work exploring generative audio systems. In sports broadcasting, following the Brazilian Championship became approximately 40% more expensive for fans in 2025 compared to 2024, as of December 25, 2025, due to fragmented broadcasting rights across platforms, despite Grupo Globo and other providers offering free viewing options.
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Examples of Grupo Globo's suppliers include Oracle, Accenture and Google.

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Grupo Globo currently holds 70 broadcasting rights for sports competitions including winter sports, american football, tennis, athletics, gymnastics, basketball, multi-sport, canoeing and kayaking, aquatics and swimming, volleyball, surfing, combat sports, sailing, soccer | association football, climbing, beach volleyball, motorsports and futsal.

Example Sports Rights Suppliers

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