Lusomundo is a Portuguese

Portugal

Portugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...

 integrated media corporation founded in 1953, which has major interests in movie distribution, cinema theaters and media assets.

It was founded with the purpose of movie distribution, and had a very close relation with the biggest studios (it is currently the Portugues licensee of United International Pictures

United International Pictures

United International Pictures is a joint venture of Paramount Pictures and Universal Studios , to distribute some of the two studios' films theatrically outside the United States , Canada, and the Anglophone...

, Walt Disney Studios Home Entertainment, Warner Home Video

Warner Home Video

Warner Home Video is the home video unit of Warner Bros. Entertainment, Inc., itself part of Time Warner. It was founded in 1978 as WCI Home Video . The company launched in the United States with twenty films on VHS and Betamax videocassettes in late 1979...

, Miramax Films

Miramax Films

Miramax Films is an American entertainment company known for distributing independent and foreign films. For its first 14 years the company was privately owned by its founders, Bob and Harvey Weinstein...

, DreamWorks SKG and Paramount Pictures Home Entertainment). In the 1980s Lusomundo started acquiring newspapers, including Comércio do Porto

Comércio do Porto

O Comércio do Porto was a Portuguese daily newspaper, founded in Oporto in 2 June 1854. It was the second-oldest newspaper published in Portugal, second only to O Açoriano Oriental....

, Diário de Notícias

Diário de Notícias

Diário de Notícias is a Portuguese daily newspaper, founded in Lisbon, on December 29, 1864 by Tomás Quintino Antunes and Eduardo Coelho. It gradually became one of the best known Portuguese newspapers...

and Jornal de Notícias

Jornal de Notícias

Jornal de Notícias is a Portuguese daily national newspaper. JN was founded in Porto on 2 June 1888, and has since become one of the most popular newspapers, especially after the Carnation Revolution....

. In the early 1990s it acquired TSF Rádio Notícias and minority stakes on TVI

TVI (Portugal)

Televisão Independente is Portugal's fourth terrestrial television channel, launched in 1993. It has been leading audience ratings since 2005. It competes directly with SIC and RTP1.-History:...

.

In 2000, Portugal Telecom

Portugal Telecom

Portugal Telecom is the largest telecommunications service provider in Portugal. Although it operates mainly in Portugal and Brazil, it has also a significant presence in Guinea-Bissau, Cape Verde, Mozambique, Timor-Leste, Angola, Kenya, the People's Republic of China, and São Tomé and...

 Multimédia made a successful takeover of Lusomundo. Since then, Lusomundo was split into two companies with different owners:

• Lusomundo Audiovisuais, which controls the cinema and movie distribution assets
• Lusomundo Media (now owned by Controlinveste
  Controlinveste
  Controlinveste is a Portuguese media holding company founded and controlled by Portuguese sports mogul Joaquim Oliveira. Controlinveste was founded in 2005 after the amalgamation of Lusomundo Media and Olivedesportos.- Assets :*Diário de Notícias...
  
  ), which controls other media assets

Until 2007, the Lusomundo brand was used on four premium subscription television movie channels. Nowadays these channels are named TVCine

TVCine

TVCine is a Portuguese premium television brand used on four movie channels, operated by ZON Multimédia. They showcase recent movies and premieres from all the major studios, as well as comedy, action, classic and old movies....

.

In 2007, PT Multimedia separated from PT Comunicações and became ZON Multimédia and this corporation was renamed ZON Lusomundo.