Latin America is still a long way off from the cord-cutting phenomenon that has ripped across the US, but with the expansion of broadband connections in Brazil will come the rise of OTT players – and broadcaster Rede Globo is the latest to join the battle, ahead of the 2016 Olympic Games. Globo’s VoD platform Globo Play will launch early next week and will initially be an ad-supported service, with the possibility of an SVoD service to come in the future; targeting more than 115 million Brazilians currently connected to the internet. The multi-device service includes live TV and Globo’s popular titles on-demand – including those telenovelas that are so widely popular across Latin America. Globo Play will also feature…