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Saturday, March 12, 2011

GMA NETWORK Q4 NET INCOME DOWN BY 20%! NETS P2.82-B IN 2010!

GMA NETWORK's 4TH quarter net income dropped 20% year-on-year to P550 million from P690 million in 2009. Full year profits for 2010, however, was unchanged at P2.821 billion, driven by a 72% increase in  first quarter profits for 2010 mainly due from Political ads.

GMA Network said it missed its P3 billion profit target for 2010 as competition stiffened.However the broadcast giant  remained steadfast as it capped financial performance in 2010 with revenues of P14.299 billion, half a billion higher than a year ago.

It said it is keeping the same target this year, just like main rival ABS-CBN Corp, the parent company of this news site, announced earlier this week.

"Consolidated airtime revenues from all platforms climbed four percent to P13.193 billion backed mostly by political advertisements during the election period, which totaled P2.054 billion as against the P636 million booked in 2009. Revenues from international and subsidiaries operations, meanwhile, grew three percent to P1.107 billion.

"Flagship business unit Channel 7 chalked in the biggest revenues worth P12.213 billion, P334.06 million or three percent over the preceding year's P11.879 billion. GMA Radio inked its success story with revenues worth P535.60 million, or a sales hike of 43 percent as against 2009.

"GMA International brought in subscription and advertising revenues worth P925.37 million, eight percent up from 2009's P855.18 million on strong sales in the US, Canada, Middle East, North Africa, Asia Pacific and Europe.

"Total operating expenses (OPEX) were up by P619.45 million or eight percent year-on-year to P8.461 billion. Production costs went up by eight percent or P338.53 million on account of the non-recurring election coverage as well as additional in-house produced programs in the weekday late afternoon grid and the weekend flagship entertainment variety program Party Pilipinas. The weekday primetime programs also had higher programming costs relative to their counterparts from a year ago.

"General and administrative expenses (GAEX) were kept at a single-digit growth of eight percent to P3.733 billion. More than one third of the hike in GAEX was due to the spike in advertising and promotions to support the blitz in the regions and to hype the Company's 60th anniversary.

"The year finished with earnings before income, taxes, depreciation, and amortization (EBITDA) worth P4.711 billion, four percent behind 2009's P4.889 billion. But the drop in non-cash expenses drove the net income to settle at P2.821 billion.

"Everyone is of the opinion that Philippine economic growth will exceed 5% and as you know, our business is very dependent on the direction of the economy," Gozon added.

Its shares were unchanged today at P6.89 each. - ANC, Pep

21 comments:

Anonymous said...

YABANG KASI! hahahaha

Anonymous said...

Well from a kapamilya, good luck sa inyo this year gma7...

Anonymous said...

ayan....tantanan kasi ang praise and press release...

hindi naman mangmang ang mga televiewers and advertisers eh....

malalaman at malalaman talaga kung sino ang mas pinapanood..

Anonymous said...

abs-cbn talaga ang tunay na no.1 sa megamanila at nationwide. kaya hanggang facebook, twitter eh nagiging trending topic ang mga programa ng dos.

kaya pag may movie, album and concerts ang abs-cbn 2 talents eh laging blockbuster dahil marami talaga silang followers.

kaya laging kinukuha ang abs-cbn 2 talents for tv commercials. dahil ang totoo, channel 2 ang no.1

Anonymous said...

parang hindi realistic ang target ng GMA this year? They didn't even hit there target last year (Net Income) with the same amount, then this year they have very high target?

Malabo na ma-achieved ng GMA ang target Net Income nila this year, 1st quarter palang bagsak na sila.

Ay naku Mr. Gozon, h'wag masyadong managinip baka maging bangungunut yan, sige ka.......

Anonymous said...

KAPAMILYA GOLD!!!!

Abangan!!!!

Anonymous said...

GMA FAKE GOLD! ABANGAN DIN! hahaha!

Anonymous said...

GMA-7 huli sa pagbabalita ukol sa tsunami sa Japan.

Tatlong higanteng network ang meron news tv yan ang ABS-CBN na may ANC, GMA-7 na may GMA News TV at TV5 na may Aksyon TV halos paunahan yan sa pagbabalita. Pero ngayon araw ay tila nangulilat ang GMA-7 at GMA News TV sa pagbabalita dahil mas naunahan ng ABS-CBN at TV5 na maibalita ang nangyari sa japan dahil nga sa yinanig ng lindol at sinundan ng tsunami na marami ang namatay sa nasabing bansa.

Mas nauna ang abs-cbn thru ANC sa pagbalita para malaman ang nangyari sa bansang japan at breaking news ang ginawa nila, kampante ang abs-cbn dahil naireport nila kaagad ang balita. Sinundan naman ng TV5 thru aksyon tv na nagbalita kaagad sa nangyari nakakadismaya lang dahil ang GMA-7 at GMA News TV ay pasado alas kwatro na ibinalita ang ngyari sa makatuwid na huli sila sa pagbabalita.

Yan ngayon ang usapan sa ibat-ibang forum dahil ipinagmamalaki pa naman ng kapuso network na mas nauuna sila sa paghahatid ng balita, na hindi naman totoo dahil kulang ang kanilang kapasidad na maireport kaagad ang mga biglaang pangyayari.

Palpak na naman ang GMA news - May bagong News Network pa naman sila!!!

Anonymous said...

pwede bigyan mo ako ng link
anonymous March 12, 2011 11:39 PM??

gusto ku kasing mabasa eh..

talagang mauuna ang ANC!!
sa lawak ba naman ng reach nila at tagal ng experience at facilities ,,marami din silang partnerships with other news org.. sa ibang bansa...

kaya talagang mauuna sila.
.GMA PURO YABANG!

Anonymous said...

May sagot kung bakit nahuli ang gma7.. Inuna pa din kasi nila ang mga palabas nila sa hapon.. Sayang ang ads, ganun talaga pag lugi at naghahabol, dedma sa balita..

Malamang sumimple nanaman ng nakaw na footages yang mga yan hahaha

Anonymous said...

take note may political ads pa yan sa 2010..Paano na ngayon na walang political ads? maabot kaya ang target ni Gozon?

Umaga nga lang TALO na sila sa dami ng commercial ads from toon to HYY....Hayyyyy....iba talaga pag mayabang,, sadyang mayabang!

Anonymous said...

Patanong po...

Please explain why Walang Tulugan used Showtime contestants as guest performers in the former.

Anonymous said...

pwede bigyan mo ako ng link
anonymous March 12, 2011 11:39 PM??

gusto ku kasing mabasa eh..

talagang mauuna ang ANC!!
sa lawak ba naman ng reach nila at tagal ng experience at facilities ,,marami din silang partnerships with other news org.. sa ibang bansa...

kaya talagang mauuna sila.
.GMA PURO YABANG!

_______________________________

Source of "GMA-7 huli sa pagbabalita ukol sa tsunami sa Japan." is PEP.

Anonymous said...

GMA TALAGA OH! WALANG PAKUNDANGAN SA KASINUNGALINGAN AT KAYABANGAN! WALANG PINOPROTEKTAHAN MAGKARATINGS LANG! PERHUWISYONG TOTOHANAN KAPAG NANGGAYA AT NAMIRATA LAGING NUMBER 1! SALAMAT SA MGA NAGPAPALOKO!

Magpapaloko na sana ako kaya lang nakakaumay na yung mga praise release ninyo! Panay plug ng shows nila para masabing mahaba yung commercial gaps ng bawat programa! At sa mga nagbibilang ng ad loads...wag ninyo isama yun para malaman niyo yung mga sponsors ng mga programa!

Kung ako kay Gozon magpapatext promo ako kung sino yung hindi naniniwala sa balitang ito! Tiyak na dadami kita nila sa text votes kasi maraming boboto na hindi sila naniniwala!

Anonymous said...

@Anonymous
Source of "GMA-7 huli sa pagbabalita ukol sa tsunami sa Japan." is PEP.

----->para sa atin na marunong makakilala ng totoong mapagkakatiwalaan sa pagbabalita, eh di na bago sa atin yan. Kahit naman nun pa, wla naman talagang panama yang GMEEW pag dating sa coverage at breaking news. Mula sa Starlets hanggang sa News Org nila, puro ampaw. Ewan ba at bakit me naloloko pang viewers at award orgs yang network na yan.

SHINeeeeeeeeeeng said...

Nasaan?

Nasaan?

Nasaan ang mga tagapagtanggol ng GMA7?

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Anonymous said...

PAGING UTOT! PAGING UTOT! hahahaha

Anonymous said...

ayan nmn kasi ang cnasabi nmin... puro kayabangan ang nauuna eh wala pa nmn.. anung napala niyo gma..luging lugi na kayo..

uunahan ko na c utot.. alam ko sasabihin nyan.. "BAON NA SA UTANG ANG ABS" excuse me, d cla baon sa utang, oo my utang nga cla pero kaya nilang bayaran,, ganun nmn talaga pag business kelangan mong mangutang.. d tulad ng iba na kelangan pang magdaya para lang daw maging number 1 cla... ang kalalabasan e, mas muka pa clang baon sa utang..

cooldudeTWOFIVE said...

ang akala ko nga bigatin talaga news tv nila kc kung mag plug kala mo talagang kakatakutan ng iba,pero nung magkarun ako ng chance nasilip ko bkit parang di ata news tv ang nakikita ko me kakaibang programa cla na dapat di nila pinapalabas dun kc nga news tv db?hahahah! KAKATAWA NGA kala ko naman parang ANC style nila kulang na lang lagyan ng koreanovela ulit...bwahahahha!kala ko ba oras-oras alam ko un pala ala naman balita...peeps malamang di to magtatagal...chos!

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