The company was founded by João Ildefonso Bordalo in 1953, based on an existing family group. In 1973, it acquired the Tivoli Theater in Lisbon, using it as the distributor's flagship. That decade saw colonel Luís Silva becoming its president. 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
Global Media Group), which controls other media assets The Lusomundo brand was used on two (later four) premium subscription television movie channels from 1 June 2003, after SIC and Globo opted to leave the premium movie channel business, making Lusomundo its sole owner. Since 1 November 2007, these channels are named
TVCine. In 2007, PT Multimedia separated from PT Comunicações and became ZON Multimédia and this corporation was renamed
ZON Lusomundo, in May 2014 it was renamed NOS, officially retiring the 61-year-old Lusomundo name. ==References==