GMA7'S AD REVENUES DROPED IN Q3 IN SPITE OF SURGE IN NUTAM RATINGS!

In a disclosure to the Philippine Stocks Exchange GMA Network reported lower quarter to quarter advertising revenues from P3.14 billion in Q2 to P3.08 billion in Q3. The drop translates to a 2% decrease in ad revenues for channel 7 in spite of the surge in NUTAM ratings due to Eat Bulaga's ALDUB Phenomena. 

 

 

GMA's channel 7 snatched back the lead in NUTAM last September 2015, with an average audience share of 37.4%, 2.5 points higher than ABS-CBN's 34.9% share. Bulk of this ratings boost is credited from Eat Bulaga's phenomenal numbers with its ALDUB love team. The drop in channel 7's ad revenues was mainly due to the losing performances of its weekday primetime line up, which are consistently defeated by counterparts in  PrimetimeBida.

 

Eat Bulaga, through TAPE Inc, pays a fixed fee to GMA Network for buying its airtime. Thus any windfall from Eat Bulaga's commercial airtime has no direct effect on GMA's topline. 

GMA Network is already working on maximizing advertising revenues by launching new primetime programs in 2016. The broadcasting firm's primetime line-up in 2016 include the revival of Encantadia, and primetime series featuring GMA's bigget stars: Aden Richards, Marian Rivera and Dingdong Dantes.

With Political Ads already coming in, the continued popularity of ALDUB and the almost exclusive return of Colgate-Palmolive advertisements, GMA Network is far from reaching its maximum income potential. 

TVNETWORKWAR ORGINAL

ABS-CBN NOW NO.1 IN METRO MANILA!

ABS-CBN is now the most watched local channel in Metro Manila according to Kantar Media. In a disclosure to the Philippine Stocks Exchange, ABS-CBN reported a total day household rating of 13.7% in NCR, higher than GMA7's 13.5% rating for the July to September 2015 period. 

ALDEN'S TALENT FEE NOW 4X THE TF OF VICE GANDA!

With the surge of Alden's popularity courtesy of the ALDUB phenomenon, Alden Richards suddenly becomes one of the  highest paid celebrity in Philippine entertainment. In an article by the Philippine Entertainment Portal (PEP), an entertainment website jointly owned by GMA Network and Yes Magazine, it was revealed that Alden's services to perform in Araneta will cost north of P10 million! The amount according to Joed Serrano was 4X the talent fee of Vice Ganda when the same producer hosted the comedian's concert. 

GOZON TO ANG: WE HAVE THE RIGHT TO KEEP THE P1 BILLION!

GMA Network Inc chairman Felipe L. Gozon on Wednesday said the P1 billion that San Miguel Corporation (SMC) president Ramon S. Ang gave a down payment for a stake in the broadcast company is “intact and has not been used.”

"The Gozon Group has the right to retain it to answer for its claims for damages against Ang among others for opportunity loss, pursuant to law and the term sheet, as Ang prevented the transaction from conclusion and closing, by his unilateral decision not to proceed with the transaction and his imposition of new conditions after the purchase contract was perfected on March 21, 2015," Gozon said in a statement.

ANG FILES ESTAFA CASE AGAINST GOZON GROUP!

Business tycoon Ramon S. Ang filed estafa charges against GMA Network Chairman and CEO Felipe Gozon and his family members for allegedly swindling him of P1 billion in their talks for Ang to buy shares in the TV network.

GMA 7 LOSES LABOR CASE ANEW!

MANILA, Philippines -- Talents, or contractual workers, of GMA7 won what they acknowledged was an initial victory when the National Labor Relations Commission declared them regular employees of the broadcast network.

The June 22 resolution by Labor Arbiter Julio Gayaman said the 107 plaintiffs, members of the Talents Association of GMA or TAG, “are entitled to security of tenure and all benefits and rights appurtenant thereto” and that a contracts that states that no employer-employee relationship exists between them and the network is not legally binding.

MVP OPENS DOOR TO RENEW TALKS WITH GMA7!

MANILA – The PLDT Group may revive discussions for an investment in GMA Network Inc after the broadcast company ditched talks with San Miguel Corporation (SMC) president Ramon S. Ang.

"You know, we are always open to, as I said, to content providers like themselves. But as of now, there are no talks between ourselves and GMA7," Manuel V. Pangilinan, chairman of Philippine Long Distance Telephone Company (PLDT) said Wednesday night.

AFTER TALKS COLLAPSE, RAMON ANG WANTS P1 BILLION DOWN PAYMENT RETURNED!

A miffed San Miguel president Ramon S. Ang said Tuesday he was seeking legal advice following an announcement from GMA Network terminating their year-long negotiations that would have allowed RSA to become the single biggest shareholder of the broadcast network.

The termination came after top executives from Globe Telecom, according to the grapevine, met with GMA chairman and chief executive Felipe Gozon a month ago to discuss digital content and production partnerships.

GOZON: GMA REGIONAL OFFICES! "LUGI'; 'WALA NANG SILBI"

GMA Network CEO, Atty. Felipe L. Gozon said workforce reduction in its regional offices was because "wala nang silbi", “The ratings and revenues are low,”; referring to the positions that were laid off.


“Malaki ang savings. Lugi kami eh. In short, wala nang silbi eh. Itong negosyo namin eh rating at revenue lang ito. ‘Yung ginawa namin no brainer lang iyon.”, said the chief honcho when asked for the reason of the manpower-reduction program.

During GMA's public disclosure for the first quarter financial results, Gozon revealed the company's  massive man-power reduction program is still ongoing with more lay-offs seen on its main office. 

RAMON ANG TO BACK OUT FROM BUYING GMA NETWORK?

Is businessman Ramon Ang still interested in buying a stake in GMA Network?

Even GMA Network Chairman Felipe Gozon isn't sure.

"I have to be very truthful to you. That was some time ago, so if I say that we are still close, nobody will believe me, so I won't say it. So at this point, let me just say that our attitude is 'wait-and-see.' The ball is no longer in our court," Gozon said when asked for an update on the deal with Ang at a press conference.

COLGATE-PALMOLIVE HELP LIFT GMA7'S Q1 REVENUES BY 5% TO P3 BILLION!

GMA Network Inc. reported a net income of P408 million in the first quarter of 2015, up 25 percent year-on-year. 

"As you can see, we over-targeted our first quarter this year. So, we are confident of exceeding the net income in declaring our cash dividends this year," GMA Chairman and CEO Felipe L. Gozon told reporters on Thursday. 

WOWOWIN'S DEBUT A HUGE SUCCESS IN MEGA MANILA!

Willie Revillame's grand television comeback reshaped the afternoon landscape as it breaks records according to AGB Nielsen's Mega Manila survey. The no-commercial break 1-hour WOWOWIN premiere raked 22.1% beating ABS-CBN's She's Dating the Gangster which only managed a 11.7%  in Mega Manila. The numbers Wowowin garnered is enough to outdo any other primetime show on either ABS-CBN or GMA 7. The success of WOWOWIN, however, has  little effect on GMA's ad revenue as all product placements and commercial airtime from WOWOWIN will all go to Willie being a blocktimer. This is much the same as Eat Bulaga where GMA's only consolation is the payment for buying their airtime. Of course, indirectly, the huge audience Willie was able to muster from WOWOWIN  is more than enough to help GMA's in-house produced programs to perform better in the numbers game.

COLGATE-PALMOLIVE RETURNS TO GMA 7!

GMA and Colgate-Palmolive are back together.

Commercials for Colgate and Palmolive quietly resurfaced on the Kapuso network last Sunday, April 5. This marked the first time since 2010 that the consumer products giant made its presence felt on the Kapuso side.

It can be recalled that Colgate and Palmolive products first aired on GMA after some disagreements with long-time partner ABS-CBN regarding ad rates. A few months later, however, CP’s products moved back to ABS-CBN after sales of their products declined during the company’s stint with GMA.

GMA NETWORK DECLARES CASH DIVIDEND BIGGER THAN LAST YEARS' EARNINGS!

GMA Network Inc.’s board of directors yesterday approved the release of cash dividends totalling P1.215 billion at P0.25 per share.

In a statement, GMA said the cash dividends are payable on May 19, 2015 to shareholders on record as of April 24, 2015.  

The P1.215 billion dividends represent a payout ratio of 120 percent in relation to the company’s 2014 net income. Since its initial public offering in 2007, GMA has returned a total of P15.456 billion to its shareholders.

GMA NETWORK'S 2014 NET INCOME ONLY HALF OF ABS-CBN'S!

MANILA – GMA Network Inc. reported a 40 percent drop in its 2014 net income due to the absence of election-related advertisements.

In a disclosure to the stock exchange, the listed firm said its net income declined to P1.01 billion in 2014 from the P1.67 billion in 2013.

Gross revenues were down 7.8 percent to P11.94 billion in 2014 from P12.95 billion the previous year.

WILLIE SIGNS BLOCKTIME AGREEMENT WITH GMA NETWORK!

TV host Willie Revillame has already signed an airtime agreement with GMA Network today for his variety show on GMA7. News reports earlier indicated Revillame agreeing to buy airtime on GMA 7 for his entertainment show. The buzz cited the program will be aired in May this year and will occupy the 3:30 to 5:00 PM time slot every Sunday. It appears that the original plan to go against ASAP was put into shelf citing Willie's treasured friendship with Star Magic's head. 

However, unlike his deal with TV5, Revillame will receive no help from GMA in producing the show. The TV host alone will spend to produce the show and will also be paying Php 2 million to GMA for leasing its airtime every week. But of course, as with any blocktimer, Revillame will earn most of the airtime revenues and product placements for himself. GMA will still be monitoring the content, as they wish to avoid the fate of TV5 and ABS-CBN for receiving legal complaints from Willie's inappropriate TV hosting.

GOZON, 1ST FILIPINO TO WIN IN THE GLOBAL LEADERSHIP AWARDS!

GMA Network chairman and CEO Atty. Felipe L. Gozon was among the 21 awardees and the lone Filipino recipient during the fifth Global Leadership Awards in Kuala Lumpur, Malaysia on Thursday.

Gozon was honored for his "keen involvement in spearheading the corporate business and community development, and for the continued effort and contributions done towards steering [the] business to greater heights."

DUAVIT RESIGNS AS GMA'S BOARD MEMBER

In a disclosure to the Philippine Stocks Exchange (PSE), GMA Network Inc. announced the resignation of one of its Directors. Judith Vasquez has ceded her position in the board of directors to make way for her other business venture. Vasquez is a member of the Duavit family, one of the three controlling families of the Media giant. 

GMA NETWORK RETIRES JESSICA SOJO AS FIRST VP FOR NEWS!

Veteran journalist Jessica Soho has retired from her post as the first vice president for news programs of GMA Network Inc, after being appointed to the position just last year.

She will, however, remain to be a Kapuso. With her retirement as GMA executive, Soho will now focus on newsmaking. She will continue to host her award-winning news magazine programs Kapuso Mo, Jessica Soho on GMA-7 and Brigada on GMA News TV, and anchor the nightly news show State of the Nation on GMA News TV.

GMA 7 CONFIRMS RAMON ANG'S ENTRY TO THE BROADCASTING FIRM!

Major shareholders of Broadcasting Firm, GMA Network, has confirmed the sale of minority stakes to San Miguel Chair Ramon S. Ang. In a disclosure with the Philippine Stock Exchange dated June 23, 2014, GMA Network announced the formal entry of Ramon S Ang into the broadcasting industry. The financial detail of the deal has yet been announced, but the deal is seen to have a positive impact on the Network. RSA's entry to GMA Network would allow for additional advertising revenues for GMA7 via RSA's Food related companies. It will also be beneficial for GMA's shareholders as the price of the deal is believed to be  well above the prevailing market price of GMA7.