Government Propaganda

👨 "The federal government's advertising reps less than 5% of Globo's revenue."
(Commentator)

Know the truth, let the truth set you free:

There is a difference between INCOME and BILLING.
Globo used this to "smash" about it.

1- "The difference between revenue and net income, therefore, is that while the former refers to total revenue, net income is the revenue by deducting all expenses and taxes.
Both the net profit and the billing can be calculated referring to the year, the month, the semester or another space of time. "

2 - TV Globo's net operating result was negative for the third consecutive year in which the TV station saw its advertising revenues fall as a result of the country's economic crisis
Excluding production, sales and administration expenses, in 2017 Globo had a NET OPERATING LOSS of R $ 83.3 million ....

https://noticiasdatv.uol.com.br/noticia/mercado/aplicacoes-financeira-e-tv-paga-salvam-globo-de-prejuizo-historico-em-2017--19551
.

It's basic math, without government announcements Globo would be in serious financial trouble.

https://www.facebook.com/groups/1675482329234747/permalink/1875359355913709/

  It is questionable why a company like Petrobras needs so much advertising.
  It has the market monopoly.
  We are obliged to speak of her even if we do not want to.

  The same goes for the post office and other state.