GMA Network Inc. plans to spend just under a billion pesos for its expansion this year, mainly involving the setting up new regional stations to specialize in localized content and the widening of the company’s reach in rural areas.
GMA Network Inc. is banking on regular advertisements to drive profit growth for 2013 even as campaign-related placements start to trickle in, providing a welcome boost to revenues.
No final documents may have been signed, but from the looks of it, denials notwithstanding, broadcast giant GMA Network Inc. is poised to come under the umbrella of the conglomerate headed by businessman Manuel V. Pangilinan.
A P15-billion pricing gulf is threatening to derail what sources say is almost a “done deal” for businessman Manuel V. Pangilinan and his group to acquire GMA Network Inc., people close to both the buying and selling parties said Thursday.
The 2011 profit of broadcast giant GMA Network Inc. fell by nearly 40 percent year-on-year largely due to cuts in ad spending by big clients and the absence of political advertisements.
Broadcaster GMA Network Inc. has sought to stop Quezon City Treasurer Edgar Villanueva from collecting taxes from the company for lack of a legal basis to do so. GMA 7 filed recently in the QC Regional Trial Court a petition for prohibition against Villanueva after the latter on June 17 imposed on the network taxes [...]
MANILA, Philippines—GMA Network Inc. edged out its rival ABS-CBN Broadcasting Corp. in the ratings war during the first half of August, improving on its lead reported in the previous month, according to the publicly listed broadcaster. In a statement, GMA said it “cornered the highest audience share from all over the Philippines” based on the [...]
