Grupo Globo, legally incorporated as Globo Comunicação e Participações S.A., is a privately owned entity headquartered in Brazil. Founded in 1925, it employs approximately 16,970 individuals and reported $3.3B in revenue as of 2025. Operating primarily in technology, information, and media, the company functions as a mass media conglomerate in Latin America and a commercial television network globally. It has unified its free-to-air broadcasting, pay-TV networks, publishing assets, and digital platforms into a single cloud-driven tech operation. This integration aims to enhance its presence in the Portuguese-language media landscape and its competition with global streaming networks across Brazil and internationally.

2025 Revenue

Founded

1925

Headcount

16,967

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 Google, Oracle and Accenture.

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

Example Sports Rights Suppliers

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