Roberto Irineu Marinho, vice president of Organizações Globo and now acting chief executive officer, rebuts a report published by this newsletter. The creation of Globo S.A. hasn?t been abandoned, he says, but put on hold temporarily. ?Meanwhile we?ll be focusing on cost savings, elimination of parallel structures and other ways of enhancing efficiency and profitability,? he adds. Marluce Dias da Silva has stepped down as CEO only for three or four months while undergoing medical treatment, Mr Marinho says.
New strategy
