TV Globo Ltda., also known as Rede Globo, engages in the ownership, control, and operation of broadcast television stations in the Brazilian cities of Rio de Janeiro, Sao Paulo, Recife, Brasilia, and Belo Horizonte. The company provides programming via satellite to the 114 full-time affiliated TV stations; and provides affiliated TV stations with assistance in obtaining advertising sales. It also engages in TV content production, such as drama, journalism, sports, children’s programs, and other shows. In addition, the company transmits and operates a horizontal Internet portal, and provides products and services for the Portuguese-speaking communities; provides Internet access services; renders interactive services through the Internet; and facilitates e-commerce. As of June 30, 2005, Globo Network comprised 119 television stations. TV Globo was founded in 1965 and is headquartered in Rio de Janeiro, Brazil.