This is an automatically generated PDF version of the online resource philippines.mom-gmr.org/en/ retrieved on 2024/09/18 at 00:27
Global Media Registry (GMR) & VERA Files - all rights reserved, published under Creative Commons Attribution-NoDerivatives 4.0 International License.
VERA Files LOGO
Global Media Registry

GMA News Online

GMA News Online (gmanetwork.com), formerly known as GMANews.TV, is GMA Network’s online portal, which is run independently with its own set of editorial officers.

GMA New Media, Inc., the digital and media technology arm of GMA Network, Inc, and a subsidiary 100% wholly-owned by the broadcast giant, operates the online portal.

The site has evolved from purely being a news site, carrying content broadcast over the television station to a portal that redirects to news and entertainment pages, and the live streaming of GMA’s FM and AM radio stations.

In 2001, GMA partnered with Inquirer.net, the online site of Philippine Daily Inquirer, and put up inq7.net. The partnership meant expanding the reach of the two media outlets by having a presence in all platforms - print, TV, radio, and online.The collaboration ended in 2007.

GMA News Online was launched in the same year, and while growing the website strengthened its online presence via their social media sites YouTube, Facebook, and TikTok.

The site features news stories of national and international scope. It also has content on business news, sport, science and technology, entertainment, and features.

It archives news aired on GMA-7 and GTV, as well as those on DZBB Super Radyo 594.

Key facts

Audience Share

26.70%

Ownership Type

Private

Geographic Coverage

National

Content Type

Free content

Active Transparency

company/channel informs proactively and comprehensively about its ownership, data is constantly updated and easily verifiable

4 ♥

Media Companies / Groups

GMA Network, Inc.

Ownership

Ownership Structure

Gmanetwork.com, the online platform of GMA Network, Inc., is owned and operated by GMA New Media, Inc, which is a 100% wholly-owned subsidiary (direct) of GMA Network.

As it is wholly owned by GMA Network, Inc. the Gozon-Duavit-Jimenez triumvirate again emerges as the majority owners of Citynet Network and Marketing Production, Inc.

Through their stakes in GMA Network, Inc. the Gozon family owns 29.7327% combined common shares in GMA through their member Ismael Gozon (0.08%) and companies FLG Management & Development Corporation (25.1% combined), Gozon Development Corp. (0.42%), Gozon Foundation Inc. (0.17%), and Vitezon, Inc. (0.03%). In addition, the family also owns 3.9327% of the 11.81% shares of GMA Holdings, Inc., where Felipe L. Gozon has 33.3% beneficial ownership.

Meanwhile, the second biggest owners with 27.4927% combined shares are the Jimenez family, which are relatives of the Gozons. Their companies with shares in GMA Network, Inc. are the M.A. Jimenez Enterprises, Inc. (13.49%) and Television International Corporation (10.06%). They also own 3.9327% of GMA Holdings, Inc. through Joel Marcel G. Jimenez’s 33.3% beneficial ownership. In addition, Joel also holds 3.9327% direct shares in GMA.

The third biggest shareholder with 15.8077% combined shares in GMA Network, Inc. is the Duavit family through its members and companies. GMA President and Chief Executive Officer Gilberto R. Duavit, Jr. owns 0.12% shares in GMA, while his sister and GMA director Judith Duavit Vazquez holds 0.02%. Through their stakes in companies that hold shares in GMA, the family own another 11.735% shares via Gilberto’s 50% indirect shares in the Group Management and Development, Inc., and another 3.9327% via his 33.3% beneficial ownership in GMA Holdings, Inc.

Meanwhile, the fourth biggest shareholder in the broadcast company are the stockholders that lodged their shares in the PCD Nominee Corporation which account for 14% of all common stocks. However, GMA did not disclose the full list of beneficial owners of the 470,914,044 common shares as of December 2023.

The remaining stocks are owned by various individuals and companies such as the Rufino-Prieto family’s Marilex Realty Development Corporation with 0.01% (284,000 common shares).

Voting Rights

Missing Data

Individual Owner

Media Companies / Groups
Facts

General Information

Founding Year

2006

Affiliated Interests Founder

Missing Data

Affiliated Interests Ceo

Gilberto R. Duavit, Jr.

assumed the concurrent roles of President and Chief Executive Officer of GMA Network, Inc. on Jan. 1, 2024. He has been a director since 1999, Chairman of the Board of GMA Network Films, President and CEO of GMA Holdings, Inc., and RGMA Marketing and Productions, Inc., Chairman, President, and CEO of Group Management and Development, Inc., and Dual Management and Investments, Inc., Vice Chairman of GMA Ventures, Inc., President and a Trustee of GMA Kapuso Foundation, Inc., Trustee of the Guronasyon Foundation, Inc., Board Advisor of the HERO Foundation. He is the son of the late Gilberto Duavit Sr., one of the co-founders and founding chairman of GMA Network, Inc.

Affiliated Interests Editor-In-Chief

John T. Manalastas

is a senior assistant vice president and acting deputy head for digital news of GMA. He also worked as a news program manager for the network.

Contact

GMA Network Center, EDSA corner Timog Avenue

Diliman, Quezon City

1101 PHILIPPINES

 

Telephone: +632 (0) 857-4627 local 4300

Website: www.gmanetwork.com

E-Mail: feedback@gmanews.tv

Financial Information

Revenue (in Mill. $)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Market Share

Missing Data

Further Information

Meta Data

GMA Network, Inc. is a publicly listed corporation and is required by law to disclose all company details. The shareholding information is based on the top 100 holders of common shares as of Dec. 31, 2023 and the 2023 definitive information statement of the company.

Audience share is based on Consumer & Media View survey for news websites under Nielsen’s Philippine Media Landscape Report for Quarter 2 of 2023.

  • Project by
    VERA Files
  •  
    Global Media Registry
  • Funded by
    BMZ
  •  
    Logo of Embassy of the Federal Republic of Germany Manila