GMA-7 TO LAUNCH A FREE-TO-AIR NEWS CHANNEL NEXT YEAR!

Confirmed by GMA-7's new president himself, Gilberto R. Duavit, Jr. announced that the country's second largest Broadcasting firm will venture into a free-to-air all news channel next year. This is at the back of the tightened competition in TV viewership brought about by the emerging TV5 and the new and improved Studio 23. Its sister channel Q11 is suspected to be reformatted and become the country's very first free to air news channel. Q11 currently ranks fifth behind Studio 23 in the national ranking. However no Official disclosure has been made confirming this idea. It has incurred  an estimated net loss of about P100M last year as disclosed by  GMA's financial Officer Felipe Yalong.

ABS-CBN's all news cable channel, ANC is nation's most popular news channel to date.

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