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Wednesday, November 7, 2012

ATTY. GOZON ADMITS DESIRE TO RE-OPEN MERGER TALKS WITH PLDT!


MANILA - The chairman of GMA Network Inc on Wednesday said he is open to reviving talks for a buyout by Philippine Long Distance Telephone Co.

"It is up to them. But if they want to revive, we are ready to revive.  If tomorrow, MVP comes back and offers a better price, we will entertain that," Felipe Gozon said on the sidelines of the GMA7's third-quarter briefing.


"We are not closing the door. Tinapos lang namin ang discussions," he added.

Gozon's revelations come a day after Globe Telecom Inc announced it had offered to acquire Bayan Telecommunications Inc, a move that analysts said would benefit the Lopez-owned telecom company more than the Ayalas.

Globe said it initially was eyeing Bayantel, but didn't rule out a partnership beyond the telecom space. The Lopezes control ABS-CBN Corp, GMA7's top rival in the broadcast business.

Negotiations for the PLDT group's acquisition of a majority stake in GMA7 fell through last month because of differences over how regulatory risks are shared should the deal push through.

A PLDT acquisition of GMA7 would require not only the approval of the National Telecommunications Commission, but also the imprimatur of Congress, which granted the franchise of the two public utilities.

The PLDT group also owns TV5, which also hold a congressional franchise. InterAksyon.com is the online news portal of TV5.

Analysts had said that the collapse of the GMA7-PLDT negotiations set back the telecom giant's plan to grow its media assets.

Gozon and Pangilinan will meet to sign a partnership for the 2013 midterm elections, but the GMA7 executive didn't indicate if they will discuss the matter of reviving negotiations during the said meeting.

Gozon however said GMA7's owners "do not go around selling [the company] to anybody."

In this regard, he brushed aside speculation that San Miguel Corp, through its president Ramon S. Ang, had offered to acquire GMA7.

"I don't know if I can confirm or deny whether or not Ramon made a pitch to buy our company. There has been no conversation between us in that direction at least recently," Gozon said.

P2.3-billion profit forecast

"In short, we are happy the way we are and if somebody is interested and if we are offered a price that we cannot refuse then of course we will entertain the offer and that exactly what happened in the aborted transaction with MVP," the GMA7 chairman said.

"Any revival will not come from us. As I said we are not selling the company, we are not looking for buyers. Will you [be] looking for buyers if you [are] already making money all the time," he said.

Gozon said GMA7 will earn at least P2.3 billion this year, and so selling the company isn't urgent for its majority owners, who apart from Gozon include the Duavits and the Jimenezes.

In the first nine months of this year, the company's profit rose 0.4 percent to P1.59 billion from last year's P1.58 billion, as revenues climbed 5 percent to P10.61 this year.

For the third quarter alone, GMA7's net income went up by 9 percent to P573 million from last year's P525 million.

"Given the third quarter figures, we are optimistic that the fourth quarter will bring even better financial results as we expect political ads to further boost our earnings for the year," Gozon said, adding that the company could easily make at least P2 billion from political ads, or the same amount GMA7 earned during the 2010 Presidential Elections.

"I think the candidates realize that TV is [a] very prominent aspect for their candidacy," he said.

"Next year we will make more than P2.3 billion. If you are in our position, will you go to the market to sell the company? But we are not mayabang or arrogant. If somebody does and makes a good offer we will not entertain," he added.

24 comments:

Anonymous said...

aheheh...kaso mukhang ngbago na ng isip si MR. PANGILINAN........TINGIN KO KAYA NAMANG MAKIPAG COMPETE NI MR PANGILINAN SA ABS-CBN 2 BILANG NO.1 STATION NG BANSA.....eh ngayon nga parang mas marami pang magandang shows sa tv 5 compare sa gma 7

Anonymous said...

selling: accepting any amount in exchange of your property. Niloloko lang talaga tayo ng estasyon na to. Either kayo ang lumapit or kayo ang nilapitan,pareho lang yan---selling...gizing gozong!!

Anonymous said...

mga sinungaling na GMEWWWWWWW reporter bwhahaha mga kapamilya please read this http://www.azfilamjournal.com/box.html

dexter said...

ahhhh NAKOOOOOOOOO...paulit paulit GUSTO LNG MPAG USAPAN..

KSP
KSP

Anonymous said...

Yari kay0 lahat.......ang gma at tv5 magsasanib pwersa na para madurog ang nasasabing no.1 ang tv station....lag0t na!wala tayong magagawa!

Anonymous said...

kailangang magsanib para pataubin ang abs...kawawa d kaya nang isa lang......

Anonymous said...

ISARA NA YAN!!!ISARA NA YAN!!!ISARA NA YAN!!!ISARA NA YAN!!!ISARA NA YAN!!!
==================================
Aksaya lang sa Kuryente!!! hahaha

Anonymous said...

ano daw mgsanib? haler di kailangan ng GMA ang iba jan pra mgsanib kasi matagal ng PINATAob ng GMA 7 yung tv station don sa mother ignacia isang dekada na ang lumipas!

GMA 7 number 1

kunwari ka pa

Anonymous said...

hayy na ku yan nnmn mga haters na kapaminta d nnmn matigil sa mga panlalait. sa inyo din nmn babagsak yan ehh kya sa lahat ng kaso na isinampa ng doos dos sa gma di nanalo kahit isa ehh isang malaking karma sa inio yan kc masyado kaung mapanira mas may pinag aralan pa kming mga gma fans kaysa sa inyo kya tignan nio kau kau lng nagagaguhan dito comment nio un pa din hayy tsk tsk cnu nga nmn lalaban sa isang baliw kung panay dada wla nmng alam

Anonymous said...

Anonymous said...
ano daw mgsanib? haler di kailangan ng GMA ang iba jan pra mgsanib kasi matagal ng PINATAob ng GMA 7 yung tv station don sa mother ignacia isang dekada na ang lumipas!

GMA 7 number 1

kunwari ka pa

November 11, 2012 7:11 PM

__________________________


In your dreams, kaya pala atat ang lola gozon mo na makipag merge sa PLDT.


Hahahahaha...

Anonymous said...

Anonymous said...
hayy na ku yan nnmn mga haters na kapaminta d nnmn matigil sa mga panlalait. sa inyo din nmn babagsak yan ehh kya sa lahat ng kaso na isinampa ng doos dos sa gma di nanalo kahit isa ehh isang malaking karma sa inio yan kc masyado kaung mapanira mas may pinag aralan pa kming mga gma fans kaysa sa inyo kya tignan nio kau kau lng nagagaguhan dito comment nio un pa din hayy tsk tsk cnu nga nmn lalaban sa isang baliw kung panay dada wla nmng alam

November 11, 2012 8:32 PM

_________________


Eh, gago ka rin kasi kaya ka ginagago...

Drama mo, bobo ka naman.

dexter said...

alam nyo...n closed n ito ni GOZON toh dati eh..n HNDE NYA DAW binebnta un share nya PLDT...pero why nnman fork8t n nkpag meeting un GLOBE/PLDT s ABS binubuhay nnman...naKAKASAWA...

naaaaaaaaaa.....

Anonymous said...

Anonymous said...
hayy na ku yan nnmn mga haters na kapaminta d nnmn matigil sa mga panlalait. sa inyo din nmn babagsak yan ehh kya sa lahat ng kaso na isinampa ng doos dos sa gma di nanalo kahit isa ehh isang malaking karma sa inio yan kc masyado kaung mapanira mas may pinag aralan pa kming mga gma fans kaysa sa inyo kya tignan nio kau kau lng nagagaguhan dito comment nio un pa din hayy tsk tsk cnu nga nmn lalaban sa isang baliw kung panay dada wla nmng alam
------------------------
Ganon ba teh??? Sa lagay na yan, eh may pinag aralan ang mga kapu ot mo sa PEP?? lol..patawa ka shunga

Anonymous said...

Mga Kapamilya mag Join-Forces tayo dun sa Pep, ipakita natin sa kanila na hindi tayo magpapatalo

Anonymous said...

ansaveeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Anonymous said...

FOR SALE for sale, ABS CBN, kalowkah. for sale for sale abs cbn stocks, bargain price at P29, from the might HYPEy hype of P45 last december

Anonymous said...

stocks ng gma magkano naman kaya. bobong kapuso talaga... lugi na at patuloy na malulugi. pls lang sabihin niyo si Gozon na huwag patigilin ang digital tv sa bansa.

Anonymous said...

ahahah...mga kapuso talunan forever...

panay rigodon na naman ng shows nila...ung isa inilagay na sa madaling araw...yung isa naman inilagay sa late night.....

HALATANG HINDI NAGRERATE ANG MGA PROGRAMA SA KAPUSO....

DI NA ALAM NG KAPUSO NETWORK KUNG PANO MAKAKABAWI...... HAHAHAH..

Anonymous said...

Anonymous said...
FOR SALE for sale, ABS CBN, kalowkah. for sale for sale abs cbn stocks, bargain price at P29, from the might HYPEy hype of P45 last december
-------------------------
eh ang sa Kapuot, magkano??? kalowkah

Anonymous said...

^
P8 lang kulang pa pambili ng sardinas

Anonymous said...

Mighty HYPE daw yung 45 ng ABS-CBN, ibig sabihn may exag sa price per share? Itanong mo nga po yan sa PSE...

Makapag-comment lang, kapuso ka talaga, sadsad ang kabobohan at katangahan...

Anonymous said...

kapag bobo ang station (gma) bobo rin ang viewers

kapag bulok ang station asahan mo bulok din ag viewers

it takes two to tango
birds of the same feather flock together

Anonymous said...

tignan mo abscbn palibhasa quality shows ag binibigay, quality rin ang viewers, may class, that is according to research.

ang viewers ng abscbn may buying power, kasi nga may class, may pera.
ang resulta, mas marami ads sa abscbn, that is a fact. alam yan ng mga advertizers.

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