GMA Network Inc. expects to exceed its P3-billion net income target this year on higher advertising revenues, a top official said Wednesday.
GMA Network president and chief executive Felipe Gozon told reporters ad spending started to pick up significantly in September and October, after weakening in July and August due to increased rates.
Gozon said the network exceeded its internal ad revenue target for the month of October with still more than a week to go.
The advertising rates of GMA Network rose 5 percent on the average.
Gozon expects the company to register strong financial performance this year and in 2011 with higher advertising rates.
GMA Network registered a net income of P1.68 billion in the first six months of the year, up 24 percent from P1.36 billion year-on-year.
Consolidated revenues in the first six months grew by 19 percent to P7.565 billion from P6.335 billion on-year. The increase of P1.230 billion in revenues during the six-month period in nominal terms almost equaled the P1.274-billion improvement reported during the full of 2009.
Share price of GMA Network ended higher by P0.05 Wednesday to P7.45.
Rival network ABS-CBN Broadcasting Corp., the largest media company, earlier raised its profit target to P3 billion from P2 billion this year after net income grew almost 200 percent in the first half.
Manila Standard Today
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15 comments:
Hala… Hindi naman na nominate si marian sa PMPC…. Lumuhud ka marian sa harap ng PMPC baka magbigyan ka ng Best trying hard Actress of the Year!! Aahahah Kawawang Kanguso!! try nyo mag workshop sa ABS para mahasa ang acting ng Kanguso!! heheheh
naku po.yung 2nd coment nung nasa taas ko.nabura.relax ka lang kasi, si MARIAN talaga sikat kht mga bitter oh?haha! Bungaga mo idisinfect mo muna ng ZONROX kaya nabubura...hahahaha!
Naku ayaw kafamz ang balitang yan, bitter nanaman...
Bakit ayaw mo maniwala nga si Angel locsin ang most beautiful? kung si Marian ang number 1 maniniwala ka ba kahit hindi ito aabot ng 1 million vote? patawa talaga kau mga kanguso!!
Ito lng masasabi ko sa inyo walang ka award2x ang mga kanguso sa PMPC!! si marian d naman pinansin sa PMPC!!
cge bigyan kau award ng PMPC ito ang BEST TRYING HARD TV in the Philippines goes to GMA!! masaya na kau Kanguso? ahahaha!
naku tataas na naman ang bayad sa ads ng gma, panu pa sila makakakuha ngaun ng advertisers kung tataasan pa nila...
wrong move na naman, ang siste lilipat ng tv5 ung mga advertisers kasi nga mas mura dun...
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FYI
ang isang 30sec advertisement noon ang bayad bawat palabas nun ay 200-300k....
kung may 11 na ads ang isang show x 300k , ok na....
5% lang pla tinaas ng rate nile eh! sa Dos 15%!!!
takot magtaas ng malaki si Guuuuzon kasi bka langawin estasyon niya!!
kaluuy pud!!! hahahaha...yang P3b na goal ng GMA eh 9 months lang yan ng net income ngayon ng ABS-CBN!!!
Kapamilya parin ang tunay na nagunguna!!!
@ilovenetworkwar
at least P475,000 per 30 sec primetime show ang ad rate ng GMA-7...
@GMEWWWWWWWWW
according to reports P2.85b daw net income ng ABS-CBN....
but I agree na mas malaki this year ang magiging profit ng DOs kaysa sa siete
in yours dreams mga kanguso....hhahahahaah
Sige managinip kayo ng nakatuwad para swertehin kayo nga kanguso
@network war
thx sa info ,
ung 200k-300k kasi un ung info na sinabi sa akin ng taga digitel nung nagshoshoot ng ad dati ung bayantel, bale un daw ung minimum...
@ Ilovenetworkwar
I i see...yung P475,000 sa primetime ay nung 2008 pa ata, pero may mga package deals kasi yan so may mga discount especially for large advertisers ...so mas lesser sa P475K yung actual rate nila...
@networkwar
kanina nga pala nagpunta ako sa isang studio d2 sa makati na nagpaparent ng services nila sa advertisers, at confirmed nga ung 200k-300k pataas na bayad sa isang network iba pa pala un sa primetime rates,
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at magcocorrection pala ako sa comment ko kanina, ung digitel at bayantel pala iisa lang pala un...
ako nga rin pala si ilovenet....
kaktkot mga commenttors mo d2, mg warfreaks...
^_^
@ ilovenetworkwar a.k.a observer
wow naman maganda at malapit ka sa mga studios....sana makashare ka dito ng scoop about the exact rate cards ngayon ng GMA at abs...
meron ako rate cards ng GMa at QTV pero noong 2008 pa yun....i want sana to see how much bigger ang ad rates ng dos esp primetime lalo pa't 70% yun ng total ad revenues....
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btw matagal tagal ka na rin pla dito kung ganun hehehe...so na meet mo na yung iba...sina Putang abs, sweetyplum at pennywise ang mga pinaka matagal na dito hehehe...
patay na po si sweety_plum last week lng..nasagasaan po xa ng bisekleta,taya na kasi kaya na tetanus.condolence
bagay na di matanggap-tanggap ng mga kanguso at pilit nagbubulag-bulagan sa katotohanan kahit galing sa pinaka-reliable & credible na source like Phil. Stock Exhange & most trusted survey company in the world
DATA 2nd quarter of 2010
Consolidated Revenues:
ABS-CBN: P16.84B, 44% increase
GMA: P7.565B, 19% increase
Net Profit:
ABS-CBN: P2.27B, increase nearly tripled
GMA: 1.689B, 24% increase
latest 3rd quarter 2010: ABS-CBN broke another record by posting 2.85B net profit, while GMA’s declining kaya d makapag submit ng financial statement
Advertising minutes:
ABS-CBN: 60% share
GMA: ~40% share
Subscribers:
TFC, ABS-CBN: ~3 million
PinoyTV, GMA: ~250 thousand
Ratings:
ABS-CBN maintained its national audience share and ratings leadership with total-day audience share averaging 44% in the second quarter, keeping a comfortable lead of 12 to 13 percentage points over GMA7.
ABS-CBN has also taken the lead in Metro Manila with a 38% audience share in June and in Mega-Manila with a 36% audience share. In South Luzon and in the Visayas and Mindanao regions, ABS-CBN dominated the airwaves in June with audience shares hovering at around 60% or higher, and maintaining 35 to 50 percentage point-wide margins over GMA7. (SUPER LAYO NG LAMANG)
ABS-CBN swept the top 11 slots in the Top 20 programs list, with the top 10 programs enjoying ratings of at least 25% and audience shares ranging from 43% to as high as 61%.
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