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Brazilian network Globo has US$8 million loss 

The balance of the network accounts was disclosed in an internal statement to employees and published by the portal UOL on Tuesday (28).

Last year, the broadcaster lost R$41 million (US$8 million).

In 2021, the accounts were also negative: R$121 million (US$23.8 million).

Among other points, the executives highlighted in the statement that Globo's expenses increased over the past year.

Despite the cuts and several layoffs promoted in 2022, the station's costs grew by R$660 million.

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