Globo is the most influential channel in Brazil and the fourth largest network in the world, but it has been exerting a strong impact for decades, ever since its creation (Mattos). Globo was a shady company from the start; in 1965, an American company, Time Life, invested U$ 6 million in the Globo TV Station, but a parliamentary investigation discovered that the partnership was done under illegal terms. Unlike other companies, Globo did not need to pay interest, so their partnership was dissolved