Globo has succeeded in disposing of almost half the network affiliates controlled by the Marinho family as part of its plan to capitalize Globopar, the group holding company. Its affiliates in Paraná have been transferred to local shareholder Rede Paranaense owned by the Cunha Pereira family, which now controls 90% instead of 50%. The Marinho family will retain 10%. Rede Paranaense comprises TV Paranaense, Curitiba, and affiliates in Maringá, Londrina, Foz do Iguaçu, Ponta Grossa, Paranavaí, Cascavel and Guarapuava, covering a total of 36 municipalities or 2.1% of Brazil?s SPI. Two weeks ago affiliates in Bauru, Sorocaba and São José do Rio Preto (São Paulo State) were sold to J. Hawilla, the entrepreneur who owns Traffic. Thus 11 out of 27 affiliates up for sale have now been offloaded. Both Rede Paranaense and the affiliates transferred to J. Hawilla are undergoing due diligence.
Globo is negotiating in other localities. Each affiliate is valued at between 20 million and 50 million Brazilian Reals (now about 6.5m-15.5m US Dollars). Prospective buyers include José Bonifácio de Oliveira Sobrinho (Boni), who could add TV Vanguarda in São José dos Campos to the station he already owns at Taubaté, extending coverage in São Paulo State from the coast to the entire Paraíba Valley area including Bragança Paulista (1.7% of the SPI). Other stations for sale include TV Tribuna (Santos), probably to local shareholder Santini; EPTV (Campinas, Ribeirão Preto, Varginha, São Carlos), to the Coutinho Nogueira family; TV Fronteira (Presidente Prudente); affiliates in Minas Gerais: Uberlândia, Uberaba, Araxá, to the Tubal Siqueira family, which already owns 50%; Juiz de Fora, Montes Claros (100% owned by the Marinho family); and in Rio de Janeiro: Friburgo, Cabo Frio.