name: GMA Network Company
GMA Network Inc. (GMA Network Inc.) is a Philippine media company headquartered in the GMA Network Center in the Southern Triangle of Diliman, Quezon City. The company is mainly engaged in radio and television and has subsidiaries responsible for various media-related businesses . Most of the company’s profits come from related TV distribution and sales revenue.
GMA Networks owns and operates two national television networks (GMA Network and GMA News TV), two national radio stations (Super Radyo DZBB594 kHz and Malan LS97.1), and two regional wireless networks (Super Radyo and Malan FM). The company also operates three international channels (GMA Pinoy TV, GMA Life TV and GMA News TV International), and participates in film and TV production and distribution (GMA movies), music production and publishing (GMA records), talent development and management (GMA Artist Center ). The company is listed on the Philippine Stock Exchange.
GMA Networks was established on March 1, 1950 by Robert’Uncle Bob’ Stewart as the broadcasting system of the Republic of the Philippines.
The chairman and chief executive officer of GMA Networks is Atty. Felipe L. Gozon, the president and chief operating officer is Gilberto R. Duavit Jr., and the chief financial officer is Felipe S. Yalong. In 2015, there were 2913 employees.
In fiscal year 2015, GMA Networks revenue was US$13.727 billion, operating income was US$4.641 billion, net income was US$2.126 billion, total assets were US$14.416 billion, and total equity was US$9.039 billion.
The shareholders of GMA Networks include:
GMA Holding Company (25.17%)
Group Management and Development Company (23.47%)
FLG Management and Development Company (20.01%)
MA Jimenez Enterprises (13.49%)
International Television Corporation (9.94%)
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