Because Brazil has lagged media trends in rich countries, Globo has been able to watch foreign firms’ mistakes “so we don’t have to make them”, says Roberto Irineu Marinho, the group’s boss. But internet use has taken off in Brazil, and will alter consumers’ viewing habits over time. Today Brazil has more mobile phones than it has people, and penetration of pay-television has slowly crept up to around 28% of households. In April Brazilians spent around 12.5 hours a week on online social networks from their desktop computers, more than double the global average, according to comScore, a research firm. For the first time in Globo’s history it is facing serious competition for advertisers and audience. Increasingly, Brazil’s advertising market will be a contest between the two Gs: Globo and Google.
