GMA Network, Inc.
GMA Network Incorporated is one of the two media conglomerates dominating the Philippine media landscape. Like its closest competitor, ABS-CBN Corporation, the network also has cross-media ownership and has a very strong presence across TV, radio, and online media.
The network began as a radio station that made its first broadcast on March 1, 1950. It was owned by an American, former war correspondent Robert La Rue Stewart, who later put up Republic Broadcasting System (RBS). Stewart would later be known on TV as “Uncle Bob.”
Stewart got embroiled in politics when, in 1961, the presidential candidate he was perceived to be supporting, the then incumbent president Carlos P. Garcia, lost to Diosdado Macapagal, who threatened to deport him. Stewart was then the host of the Uncle Bob's Lucky 7 Club show, and it was during the program that he announced he was leaving the country. Children and their parents rallied behind him, forcing the government to stop the persecution of Stewart.
When then president Ferdinand Marcos imposed martial law on Sept. 21, 1972 and shut down the media, Stewart’s RBS was one of those allowed to operate, but it had to apply for a government permit every three months.
RBS was losing money then and it did not help that the 1973 Constitution limited ownership and management of mass media to citizens of the Philippines. Stewart ceded control of the station in 1975 to his lawyer Felipe Gozon, Gozon’s brother-in-law Menardo Jimenez, and Gilberto Duavit, Sr., Gozon’s friend and one of Marcos’ presidential assistants.
The three renamed RBS into GMA for Greater Manila Area, the initial coverage area of the station which was later changed into Global Media Arts.
Under the triumvirate’s leadership, the network flourished and became competitive. In 2007, the company went public but the Gozon, Jimenez, and Duavit families retained ownership and control of the network.
Its declared revenue for 2015 was P13.727 billion ($293 million).
Today, Felipe Gozon sits as chair and chief executive officer of of GMA Network Incorporated while Gilberto Duavit Jr., son of Duavit Sr., sits as its president and chief operating officer. Joel Marcelo Jimenez, second son of Menardo Jimenez has been a director of the network since 2002.
GMA Network Incorporated forms a duopoly in the Philippine media landscape together with its closest competitor ABS-CBN Corporation, with the two giants capturing 80.72 percent of the television audience in the Philippines. It co-owns GMA News TV with Zoe Broadcasting Network Incorporated, a media company owned by Christian pastor Eduardo Villanueva and his family.
GMA Network’s flagship radio stations are DZBB 594 on the AM band and 97.1 in the FM band.
Group Management Development, Incorporated; GMA Holdings, Incorporated
Group Management Development, Incorporated is into "general contracting business", mass media, and entertainment.
Group Management Development, Incorporated
Group Management Development, Incorporated states "general contracting business" in its Securities and Exchange Commission documents, it is owned by the Duavit family.
GMA Holdings, Incorporated
GMA Holdings, Incorporated was incorporated on February 15, 2006 as a holding company. Its sole business is the issuance of Philippine Depositary Receipts (PDRs) relating to relating to GMA Network, Incorporated common shares. PDRs are defined by the Philippine Stock Exchange as a security which grants the holder the right to the delivery or sale of the underlying share.
FLG Management & Development Corporation
FLG Management & Development Corporation is a corporation owned by the Gozon family who are into shipping shipping, petroleum, real estate aside from mass media.
Other Print Outlets
Other TV Outlets
TV-7 Metro Manila (GMA)
TV-27 Metro Manila (GNTV)
TV-5 San Nicolas, Ilocos Norte (GMA)
TV-27 San Nicolas, Ilocos Norte (GNTV)
TV-48 Bantay, Ilocos Sur (GMA)
TV-40 Bantay, Ilocos Sur (GNTV)
TV-7 Basco, Batanes (GMA)
TV-13 Aparri, Cagayan (GMA)
TV-26 Aparri, Cagayan (GNTV)
TV-7 Tuguegarao, Cagayan (GMA)
TV-27 Tuguegarao, Cagayan (GNTV)
TV-7 Santiago City, Isabela (GMA)
TV-5 Baler, Aurora (GMA)
TV-10 Olongapo (GMA)
TV-26 Olongapo (GNTV)
TV-28 Tarlac City (GNTV)
TV-12 Batangas (GMA)
TV-26 Batangas (GNTV)
TV-44 Jalajala, Rizal (GMA)
TV-13 San Jose, Occidental Mindoro (GMA)
TV-26 San Jose, Occidental Mindoro (GNTV)
TV-6 Brooke’s Point, Palawan (GMA)
TV-8 Coron, Palawan (GMA)
TV-12 Puerto Princesa, Palawan (GMA)
TV-27 Puerto Princesa, Palawan (GNTV)
TV-7 Tablas, Romblon (GMA)
TV-12 Legazpi, Albay (GMA)
RGMA TV-33 Legazpi (GMA)
TV-27 Legazpi, Albay (GNTV)
TV-8 Daet, Camarines Norte (GMA)
TV-7 Naga, Camarines Sur (GMA)
RGMA TV-44 Naga (GMA)
TV-28 Naga, Camarines Sur (GNTV)
TV-13 Virac, Catanduanes (GMA)
TV-7 Masbate (GMA)
TV-27 Masbate (GNTV)
TV-2 Juban, Sorsogon (GMA)
TV-7 Abra (GMA)
TV-10 Benguet (GMA)
TV-22 Benguet (GNTV)
TV-5 Mountain Province (GMA)
TV-2 Kalibo, Aklan (GMA)
TV-27 Kalibo, Aklan (GNTV)
TV-5 Roxas City, Capiz (GMA)
TV-27 Roxas City, Capiz (GNTV)
TV-6 Jordan, Guimaras (GMA)
TV-28 Iloilo (GNTV)
TV-13 Bacolod (GMA)
TV-48 Bacolod (GNTV)
TV-30 Murcia, Negros Occidental (GMA)
TV-10 Sipalay (GMA)
TV-11 Tagbilaran, Bohol (GMA)
TV-7 Cebu (GMA)
RGMA TV-51 Cebu (GMA)
TV-27 Cebu (GNTV)
TV-5 Dumaguete (GMA)
TV-28 Dumaguete (GNTV)
TV-8 Borongan (GMA)
TV-12 Ormoc, Leyte (GMA)
TV-10 Tacloban (GMA)
TV-26 Tacloban (GNTV)
TV-5 Calbayog City (GMA)
TV-26 Butuan (GMA)
TV-4 Dipolog (GMA)
TV-26 Dipolog (GNTV)
TV-3 Pagadian (GMA)
TV-26 Pagadian (GNTV)
TV-9 Zamboanga (GMA)
RGMA TV-45 Zamboanga (GMA)
TV-21 Zamboanga (GNTV)
TV-12 Mt. Kitanglad, Bukidnon (GMA)
TV-5 Ozamis, Misamis Occidental (GMA)
TV-22 Ozamis, Misamis Occidental (GNTV)
TV-11 Iligan City (GMA)
TV-35 Cagayan de Oro (GMA)
TV-43 Cagayan de Oro (GNTV)
TV-5 Davao (GMA)
TV-27 Davao (GNTV)
TV-12 Cotabato (GMA)
TV-27 Cotabato (GNTV)
TV-8 General Santos (GMA)
RGMA TV-32 General Santos (GMA)
TV-26 General Santos (GNTV)
TV-10 Surigao (GMA)
TV-27 Surigao (GNTV)
TV-2 Tandag (GMA)
TV-12 Jolo, Sulu (GMA)
TV-26 Jolo, Sulu (GNTV)
Other Radio Outlets
Manila - Frequency (MHz) 97.1
Baguio - Frequency (MHz) 92.7
Dagupan - Frequency (MHz) 93.5
Legaspi - Frequency (MHz) 96.3
Lucena - Frequency (MHz) 91.1
Naga - Frequency (MHz) 101.5
Palawan - Frequency (MHz) 97.5
Tuguegarao - Frequency (MHz) 89.3
Bacolod - Frequency (MHz) 101.7
Cebu - Frequency (MHz) 99.5
Iloilo - Frequency (MHz) 93.5
Kalibo - Frequency (MHz) 92.9
Cagayan de Oro - Frequency (MHz) 100.7
Iligan - Frequency (MHz) 97.1 relay
Davao - Frequency (MHz) 103.5
General Santos - Frequency (MHz) 102.3
Manila - Frequency (KHz) 594 khz
Palawan - Frequency (KHz) 909
Cebu - Frequency (KHz) 999
Iloilo - Frequency (KHz) 1323
Davao - Frequency (KHz) 1125
Other Online Outlets
<www.iGMA.tv> www.iGMA.tv redirecting to <http://www.gmanetwork.com/entertainment/> http://www.gmanetwork.com/entertainment/
News website is <http://www.gmanetwork.com/news/> http://www.gmanetwork.com/news/
TV, Music & Film Production
GMA New Media, Inc. (NMI) (100%)
Citynet Network Marketing and Productions, Inc. (100%)
GMA Network Films, Inc. (100%)
RGMA Marketing and Productions, Inc. (GMA Records) (100%)
Scenarios, Inc. (100%)
Script2010, Inc. (Script2010) (100%)
Alta Productions Group, Inc. (100%)
GMA Marketing & Productions, Inc. (GMPI) (100%)
Mediamerge Corporation (100%)
Digify, Inc. (Digify) (100%)
INQ7 Interactive, Inc. (50%)
Philippine Entertainment Portal, Inc. (PEP) (50%)
Sports betting and broadcasting
Gamespan, Inc. (50%)
RGMA Network, Inc. (49%)
Mont-Aire Realty and Development Corp. (49%)
GMA Worldwide (Philippines), Inc. (100%)
Robert La Rue Stewart
Affiliated Interests Founder
A former American war correspondent, Stewart was known for his radio and TV personality “Uncle Bob.”
2,589 (including radio and other units, as of June 30, 2014)
GMA Network Center, EDSA corner Timog Avenue, Diliman, Quezon City, 1101 PhilippinesTelephone Number: +632-982-7777
Tax/ ID Number
Revenue (Financial Data/ Optional)
293 Mil $ / 13.73 Bil P
Operating Profit (in Mill. $)
63.65 Mil $ / 2.98 Bil P
Advertising (in % of total funding)
264.61 Mil $ / 12.4 Bil P
Executive Board + Interests Executive Board
Felipe L. Gozon - Chairman of the Board of Directors and Chief Executive Officer of GMA Network, Incorporated, Senior Partner at the Law Firm of Belo Gozon Elma Parel Asuncion & Lucila, Chairman and CEO of GMA Marketing and Productions, Inc. and GMA New Media, Inc., Chairman and President of FLG Management and Development Corp., Chairman of Alta Productions Group, Inc., Citynet Network Marketing and Productions, Inc., Mont-Aire Realty and Development Corp., Philippine Entertainment Portal, Inc., and RGMA Network, Inc., Vice Chairman of Malayan Savings and Mortgage Bank, Director of Gozon Development Corp., Justitia Realty and Management Corp., Antipolo Agri-Business and Land Development Corp., Capitalex Holdings, Inc., BGE Holdings, Inc., Philippine Chamber of Commerce and Industry, Chamber of Commerce of the Philippine Islands and President of Lex Realty, Inc., among other companies. Chairman of the Board of Trustees of GMA Kapuso Foundation, Inc., Kapwa Ko Mahal Ko Foundation, Inc., and The Potter and Clay Christian School Foundation, Inc., Chairman and President of Gozon Foundation; and Trustee of Bantayog ng mga Bayani Foundation, Advisory Board Member of the Asian Television Awards.
Gilberto R. Duavit, Jr.- President and Chief Operating Officer of GMA Network, Incorporated, Director of GMA Network, Incorporated since 1999, Chairman of the network’s Executive Committee, Chairman of the Board of GMA Network Films, Inc. and GMA Worldwide, Inc. and Vice Chairman of the Board of GMA Marketing and Productions, Inc., President and CEO of GMA Holdings, Inc., Scenarios, Inc., RGMA Marketing and Productions, Inc., Film Experts, Inc., and Dual Management and Investments, Inc., President and a Director of Group Management and Development, Inc., President and Director of MediaMerge Corp., Citynet Network Marketing and Productions, Inc., Director of RGMA Network, Inc., GMA New Media, Inc., Alta Productions Group, Inc., Optima Digital, Inc., and Mont-Aire Realty and Development Corp., President and a Trustee of GMA Kapuso Foundation, Inc., Trustee of Guronasyon Foundation, Inc. (formerly LEAF) and is a Trustee of the HERO Foundation.
Joel Marcelo G. Jimenez - Director of the Company since 2002, President and CEO of Menarco Holdings and the Chief Executive Officer of Alta Productions, Inc., Director of RGMA Network, Inc., GMA New Media, Inc., Scenarios, Inc., and GMA Worldwide, Inc., member of the Board of Directors of Malayan Savings and Mortgage Bank, and Unicapital Securities, Inc., Director of Nuvoland Philippines, a real-estate development company, Trustee of GMA Kapuso Foundation, Inc..
Gilberto M. Duavit, Sr. - lawyer, Director of the network
Felipe S. Yalong - Executive Vice President and Chief Financial Officer of GMA Network, Inc., Head of the Corporate Services Group of the Network, Director of the Company since 2002, Director and Corporate Treasurer of GMA Holdings, Inc., Scenarios, Inc., and GMA Network Films, Inc.; Director of Unicapital, Inc., Majalco Finance and Investments, Inc., and GMA Marketing and Productions, Inc., Corporate Treasurer of RGMA Network, Inc., MediaMerge Corp.; Executive Vice President of RGMA Marketing and Productions, Inc., and Corporate Treasurer of the Board of Trustees of GMA Kapuso Foundation, Inc..
Atty. Anna Teresa G. Abrogar - Director of the Company since 2000, junior partner in Belo Gozon Elma Parel Asuncion & Lucila, Associate Professor in the University of the Philippines, College of Law, Programming Consultant to the Chairman and CEO of GMA Network, Inc. President of GMA Films, Inc. and GMA Worldwide, Inc., and a Trustee of GMA Kapuso Foundation.
Laura J. Westfall - Director of the Company since 2000, held the following positions in the GMA Network, Incorporated: Senior Vice President of Corporate and Strategic Planning and Senior Vice President for Finance, Chairperson and President of GMA New Media, currently holds various positions in the Majent Group of Companies, Board Member of Coffee Bean and Tea Leaf Philippines, Bronzeoak Clean Energy, Inc., and Museo Pambata.
Non-Executive Board + Interests Non-Executive Board
Artemio V. Panganiban - Independent Director since 2007, Chief Justice of the Philippines from 2005 until December 2006, Independent Director of the following: First Philippine Holdings Corp., Metro Pacific Investments Corp., Manila Electric Company, Robinsons Land Corp., GMA Holdings, Inc., Philippine Long Distance Telephone Co., Petron Corporation, Bank of the Philippine Islands, Asian Terminals, regular Director of Jollibee Foods Corporation, Senior Adviser of Metropolitan Bank, Chairman, Board of Advisers of Metrobank Foundation, Adviser of Double Dragon Properties, Chairman of the Board of the Foundation for Liberty and Prosperity, President of the Manila Cathedral Basilica Foundation, Chairman Emeritus of Philippine Dispute Resolution Center, Inc., and Member, Advisory Board of the World Bank (Philippines) and of the Asian Institute of Management Corporate Governance Council, column writer at The Philippine Daily Inquirer.
Jaime C. Laya - Independent Director of GMA Network, Inc. since 2007, Chairman and President of Philippine Trust Company (Philtrust Bank), Director of Ayala Land, Inc., Manila Water Company, Inc., and Philippine AXA Life Insurance Company, Inc., Chairman of Don Norberto Ty Foundation, Inc. and Escuela Taller de Filipinas Foundation, Inc., Trustee of St. Paul University - Quezon City, Cultural Center of the Philippines, Metropolitan Museum of Manila, Yuchengco Museum, Fundacion Santiago, Inc., Ayala Foundation, Inc., and other foundations, has a weekly column for the Manila Bulletin.
Supervisory Board + Interests Supervisory Board
Other Influential People + Interests Other Influential people
GMA Network, Incorporated is a publicly listed corporation and is required by law to disclose all company details.
The Securities Regulation Code, Republic Act 8799, which was enacted into law in 2000, lays down stringent disclosure requirements for companies that wish to make a public offering or that are already publicly listed, including who its beneficial owners are.
The Securities and Exchange Commission’s Memorandum Circular No. 11, series of 2014, requires all publicly listed companies to post on their websites the following information, among other things:
1) Company profile, mission and vision, Board of Directors, organizational structure, shareholding structure, Articles of Incorporation and By-Laws;
2) The disclosures required by the SEC, including periodic reports, statement of beneficial ownership and the General Information Sheet;
3) Manual on Corporate Governance, Annual Corporate Governance Reports;
4) Company policies on whistleblowing, conflict of interest, insider trading, related party transactions, health and welfare of staff;
5)Investor relations programs and shares, including the total outstanding shares, exchanges where the shares are listed, and the top 20 shareholders of the company.
Conversion rate on Dec. 31, 2015: P 46.86 .
Audience share based on Nielsen’s National Urban TV Audience Measurement (TV, Jan-August 2016), Nielsen's Consumer and Media View (Print, Jan-August 2016), Audience share from Nielsen's Radio Audience Measurement (Radio, Jan-August 2016), Effective Measurement (2016)
Founding year based on date of incorporation as reflected in the Securities and Exchange Commission documents.
Financial Statement of GMA Holdings Incorporated (available upon request at SEC) (2016), Securities and Exchange Commission (SEC)
General Information Sheet of GMA Holdings Incorporated (available upon request at SEC) (2016), Securities and Exchange Commission (SEC)
Financial Statement of GMA Network Incorporated (available upon request at SEC) (2016), Securities and Exchange Commission (SEC)
General Information Sheet of GMA Network Incorporated (available upon request at SEC) (2016), Securities and Exchange Commission (SEC)