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May 23, 2015 10:29 AM ET

Media

Company Overview of GMA Network, Inc.

Company Overview

GMA Network, Inc., together with its subsidiaries, primarily engages in radio and television broadcasting, recording, film production, and other information and entertainment activities in the Philippines and internationally. It operates through three segments: Television and Radio, International Subscription, and Other Businesses. The company is also involved in the production of television (TV) programs; music recording, publishing, and video distribution; design, construction, and maintenance of sets for TV, stage plays, and concerts; events management; sales implementation; and provision of film syndication, transportation and manpower, pre-and post-production, and traffic and monitoring...

GMA Network Center

EDSA Corner Timog Avenue

Diliman

Quezon City,  1103

Philippines

Founded in 1950

2,598 Employees

Phone:

63 2 982 7777

Key Executives for GMA Network, Inc.

GMA Network, Inc. does not have any Key Executives recorded.

GMA Network, Inc. Key Developments

Talks over GMA Network Share-Purchase Deal Ongoing

The talks of share-purchase deal of GMA Network, Inc. (PSE:GMA7) and San Miguel Corporation are ongoing between the parties involved, Ramon S. Ang, president and Chief Operating Officer of San Miguel Corporation said.

GMA Network, Inc. Announces Consolidated Unaudited Earnings Results for the First Quarter Ended March 31, 2015

GMA Network, Inc. announced consolidated unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues of PHP 3,005.9 million compared with PHP 2,850.9 million for the same period a year ago. EBITDA was PHP 986.1 million compared with PHP 823.1 million for the same period a year ago. Net income attributable to equity holders of parent company was PHP 402.2 million or PHP 0.083 per basic and diluted share compared with PHP 325.1 million or PHP 0.067 per basic and diluted share for the same period a year ago. Net cash provided by operating activities was PHP 239.9 million compared with net cash used in operating activities of PHP 180.7 million for the same period a year ago. Income before tax was PHP 590,333,263 compared with PHP 479,075,783 for the same period a year ago. Acquisitions of property and equipment was PHP 80,900,500 compared with PHP 132,900,103 for the same period a year ago. Investment properties was PHP 18,043 compared with PHP 6,467,321 for the same period a year ago.

GMA Network, Inc., Q1 2015 Earnings Call, May 14, 2015

GMA Network, Inc., Q1 2015 Earnings Call, May 14, 2015

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 24, 2014
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