Business News - GMA Network

[Hapee_Angel]

ALFIE LORENZO
APRIL 13, 2012 FRIDAY

The latest and hottest news today:

GMA-7 was finally sold to TV5 for P48B!

How true? Abangan ang susunod na pakulo to confirm how MVP is now the richest man in the Philippines!

http://www.abante-tonite.com/issue/a...showbiz_al.htm

[Hapee_Angel]

Networks shakedown rocks industry
By: Contributor, Winston A. Marbella
Philippine Daily Inquirer
April 26, 2012


TV5’s Manuel V. Pangilinan

MEDIA mogul Manuel V. Pangilinan, chairman of the telecommunications conglomerate PLDT/Smart/Sun, wants to acquire control of television network GMA 7.

A formal price offer still has to be worked out to bridge a P15-billion gap to swing the deal, but all major industry indicators—dropping profits, shifting consumer markets, rising costs, expensive new technology and cut-throat competition—are conspiring to make the buyout of GMA 7 inevitable, market analysts say.

“The major and controlling shareholders have not received a price that is acceptable to them,” GMA Network president Gilberto Duavit Jr. said in a statement responding to media reports. “That is not to say that GMA 7 will not be sold, but at the moment we are presently not pursuing serious negotiations with the PLDT group because they have not offered us a price that is acceptable to our shareholders,” Duavit said.

For weeks, the industry has been abuzz with reports that acquisition talks were under way. But price matters most, and one has to read the nuanced signals correctly.

Industry indicators

Major indicators foreshadow a shakedown in the television industry.

Technology is changing to high-definition, requiring massive capital input. Industry profits are shrinking and the rules of the game are changing.

Two major players—ABS-CBN and GMA 7—are suffering double-digit percentage reductions in profits. Advertisers are cutting back on spending.

An aggressive new kid on the block, TV 5, is challenging industry rules and rewriting tried-and-tested formulas.

Channel 5 is on the prowl for an acquisition. And there is a company ready to sell for the right price.

Purported asking price

Last week, a source in Hong Kong-based First Pacific Co. Ltd., of which Pangilinan is CEO and Managing Director, said that the “asking price” for GMA 7 was between P45 billion and P51 billion—an amount the Pangilinan group was said to be willing to pay.

But latest reports said the three families controlling GMA 7 want P60 billion for the company.

The closing price of GMA 7 at the Philippine Stock Exchange on April 25 was P9.36. A 100-percent stake in GMA 7 would cost over P31 billion, but it is customary for buyers to pay a premium for acquisitions that give them control of their targeted companies.

At P45 billion, Pangilinan is willing to pay a premium of about 48 percent to GMA Network’s present market capitalization, but the controlling shareholders seek a premium of 94 percent.

The Pangilinan group has investments in several media companies and full ownership of television network TV 5. The PLDT Beneficial Trust Fund, through its subsidiary Media Quest Holdings, also has minority interests in print media: BusinessWorld, Philippine Star and the Philippine Daily Inquirer.

The right price


KAPUSO chair and CEO Felipe L. Gozon

GMA-7 is controlled by the Duavit, Gozon and Jimenez families. The Gozon group, represented by GMA chairman Felipe L. Gozon, had admitted in the past that the company could be sold for “the right price.”

The sale of GMA-7 to the PLDT group nearly happened in 2001 with the signing of a memorandum of understanding. Duavit said agreements had been reached on the price for a majority stake of the firm, but the deal fell through because of issues encountered by the buyer that were not related to price.

But conditions could be right this time around.

Income drop

GMA 7 recently announced that its 2011 net income plummeted 39 % to P1.72 billion from P2.82 billion in 2010, as advertisers cut back and operating costs went up.

“Our net income took a beating,” admitted Ronaldo P. Mastrili, GMA 7 vice president of finance. “We experienced the lowest net income level of the past 5 years in the 4th quarter of 2011.”

Advertising revenue dropped 9 percent to P13.08 billion, while operating costs junped 8 percent as GMA launched GMA News TV to blunt competitive inroads in news.

Ratings game

Duavit said competitive pressures drove costs up:

“The spending was driven by the desire to win in the national ratings last year.”

GMA 7 cited a 3.1-point lead in household audience share over rival ABS-CBN and an 18.6-point lead over newcomer TV 5, according to media ratings firm Nielsen TV Audience Measurement.

Duavit rejected suggestions to emulate TV 5 by pirating big talent to attract more advertisers. “The norm was that the stars created the program and the network was measured in terms of who its stars were,” he said.

“We prefer to see it the other way around—that it’s the programs that make the stars and the network that creates the programs and the opportunities,” he said.

Spending cuts

GMA-7 plans to reduce programming costs and trim capital expenditure from nearly P896 million in 2011 to P650 million for 2012.

Two new stations are planned in the Ilocos and Bicol regions. The rest of the funds will be to upgrade towards high definition programming.

Despite posting lower profits, rival ABS-CBN has set a higher budget for expansion this year to diversify its revenue stream and ensure future growth.

Last week, company officials reported that profits fell nearly a quarter in 2011, from a net of P3 billion in 2010 to P2.4 billion in 2011, following an industry-wide drop in earnings from massive spending cuts by big advertisers.

A one-time gain from the sale of a stake in Sky Cable Corp., coupled with the company’s more diversified revenue stream helped save ABS-CBN from a worse decline, officials said.

Uncertain outlook

The outlook for 2012, however, remains uncertain after an unusually erratic first three months of the year.

“In January ad minutes went down by double digits. In February we saw some signs of recovery, but last March we had an all-time high for that month,” ABS-CBN chief financial officer Ron Valdueza told reporters. “We hope to sustain this momentum the rest of the year.”

Valdueza said the company might benefit from the unofficial start of the midterm campaign season by the fourth quarter of this year, “but it probably wouldn’t be that much.”

He said the group’s capital expenditure would increase by at least 19 percent this year to P5 billion, with the bulk to be invested in the Internet and cable television business of its subsidiary, SkyCable.

Diversifying

To diversify its revenue stream, ABS-CBN last year launched a total of 16 films, six of which grossed more than P100 million each to reach “blockbuster” status by Philippine standards. “Praybeyt Benjamin” grossed P342 million, making it the country’s biggest-selling movie.

This year the government plans to order television industry players to start broadcasting on digital frequencies and replace the existing inefficient and unreliable analog technology.

The National Telecommunications Commission is choosing between Japan’s Integrated Services Digital Broadcasting and the second-generation Digital Video Broadcasting platform from Europe.

This seismic shift in the industry’s business methods will benefit the big players at the expense of the smaller ones. It looks prudent for GMA-7 to start preparing while the price is right.


GMA 7’s Gilberto Duavit Jr.

[Hapee_Angel]

Wednesday, April 25, 2012
MVP: P60 BILLION TAG PRICE NG GMA NOT WORTH IT!
Posted by network war



Too expensive. That's how TV5 chairman Manuel V. Pangilinan described the P60 billion price tag sought for rival GMA Network Inc.

"Sobrang mahal yun," Pangilinan said when asked if his group would shell out double GMA Network's market value for full ownership of the broadcast company.

At the close of trading on Monday, listed GMA Network shares were priced at P9.40 each, valuing the company at P31.929 billion.
Pangilinan was supposed to have offered P45 billion for GMA Network, but the three families controlling the broadcast firm - the Duavits, Gozons, and Jimenezes - would sell for at least P60 billion.
Gilberto Duavit Jr., GMA Network president, said in a press release that they "are presently not in serious negotiations with the PLDT group as we have not yet received an offer price that is acceptable to us."

Pangilinan chairs Philippine Long Distance Telephone Co., whose unit MediaQuest Holdings owns TV5. InterAksyon.com is the online news portal of TV5.

SOURCE

http://www.interaksyon.com/article/3...xpensive---mvp

[Hapee_Angel]

Friday, April 27, 2012
GMA EXECS ADMIT DESIRE TO BECOME NO.1 CAUSED THEM TO INCUR HUGE PROFIT DROPS IN 2011!
Posted by network war

GMA-7 is controlled by the Duavit, Gozon and Jimenez families. The Gozon group, represented by GMA chairman Felipe L. Gozon, had admitted in the past that the company could be sold for “the right price.”

The sale of GMA-7 to the PLDT group nearly happened in 2001 with the signing of a memorandum of understanding. Duavit said agreements had been reached on the price for a majority stake of the firm, but the deal fell through because of issues encountered by the buyer that were not related to price.

But conditions could be right this time around.


GMA 7 recently announced that its 2011 net income plummeted 39 % to P1.72 billion from P2.82 billion in 2010, as advertisers cut back and operating costs went up.

“Our net income took a beating,” admitted Ronaldo P. Mastrili, GMA 7 vice president of finance. “We experienced the lowest net income level of the past 5 years in the 4th quarter of 2011.”

Advertising revenue dropped 9 percent to P13.08 billion, while operating costs jumped 8 percent as GMA launched GMA News TV to blunt competitive inroads in news.

Ratings game

Duavit said competitive pressures drove costs up:

“The spending was driven by the desire to win in the national ratings last year.”

GMA 7 cited a 3.1-point lead in household audience share over rival ABS-CBN and an 18.6-point lead over newcomer TV 5, according to media ratings firm Nielsen TV Audience Measurement.

Duavit rejected suggestions to emulate TV 5 by pirating big talent to attract more advertisers. “The norm was that the stars created the program and the network was measured in terms of who its stars were,” he said.

“We prefer to see it the other way around—that it’s the programs that make the stars and the network that creates the programs and the opportunities,” he said.

Spending cuts

GMA-7 plans to reduce programming costs and trim capital expenditure from nearly P896 million in 2011 to P650 million for 2012.

Two new stations are planned in the Ilocos and Bicol regions. The rest of the funds will be to upgrade towards high definition programming.

Despite posting lower profits, rival ABS-CBN has set a higher budget for expansion this year to diversify its revenue stream and ensure future growth.

Last week, company officials reported that profits fell nearly a quarter in 2011, from a net of P3 billion in 2010 to P2.4 billion in 2011, following an industry-wide drop in earnings from massive spending cuts by big advertisers.

A one-time gain from the sale of a stake in Sky Cable Corp., coupled with the company’s more diversified revenue stream helped save ABS-CBN from a worse decline, officials said.

SOURCE

http://entertainment.inquirer.net/38...rocks-industry

[Hapee_Angel]

Friday, April 27, 2012
ANALYTS SAY ITS INEVITABLE FOR GMA NETWORK FALL!
Posted by network war

A formal price offer still has to be worked out to bridge a P15-billion gap to swing the deal, but all major industry indicators—dropping profits, shifting consumer markets, rising costs, expensive new technology and cut-throat competition—are conspiring to make the buyout of GMA 7 inevitable, market analysts say.

For weeks, the industry has been abuzz with reports that acquisition talks were under way. But price matters most, and one has to read the nuanced signals correctly.


Industry indicators

Major indicators foreshadow a shakedown on GMA Network and in the entire television industry,


Technology is changing to high-definition, requiring massive capital input. Industry profits are shrinking and the rules of the game are changing.

Two major players—ABS-CBN and GMA 7—are suffering double-digit percentage reductions in profits. Advertisers are cutting back on spending.

An aggressive new kid on the block, TV 5, is challenging industry rules and rewriting tried-and-tested formulas.

Channel 5 is on the prowl for an acquisition. And there is a company ready to sell for the right price.

Last week, a source in Hong Kong-based First Pacific Co. Ltd., of which Pangilinan is CEO and Managing Director, said that the “asking price” for GMA 7 was between P45 billion and P51 billion—an amount the Pangilinan group was said to be willing to pay.

But latest reports said the three families controlling GMA 7 want P60 billion for the company.

The closing price of GMA 7 at the Philippine Stock Exchange on April 25 was P9.36. A 100-percent stake in GMA 7 would cost over P31 billion, but it is customary for buyers to pay a premium for acquisitions that give them control of their targeted companies.

At P45 billion, Pangilinan is willing to pay a premium of about 48 percent to GMA Network’s present market capitalization, but the controlling shareholders seek a premium of 94 percent.

The Pangilinan group has investments in several media companies and full ownership of television network TV 5. The PLDT Beneficial Trust Fund, through its subsidiary Media Quest Holdings, also has minority interests in print media: BusinessWorld, Philippine Star and the Philippine Daily Inquirer.

SOURCE

http://entertainment.inquirer.net/38...rocks-industry

[Esther Liu]

http://www.youtube.com/watch?feature...&v=Lzlnw6k988E
24oras: Pahayag ng GMA ukol sa pagbili 'di umano ni MVP sa network

[Hapee_Angel]

JUN LALIN
APRIL 28, 2012 SATURDAY

‘Kaloka at pati pala ibang executives ng GMA 7 ay nalilito na rin sa naglalabasang balita na malapit nang mabili ni Mr. Manny V. Pangilinan ang Kapuso network.

Kahit kasi may denial na si Mr. Jimmy Duavit at nagsalita na ito na ‘not for sale’ ang GMA 7 ay nakakalito pa rin ang mga kumakalat na balita na ngayong Mayo ay magkakaroon na ng announcement na nabili na raw ni MVP ang share of stocks ng tatlong major stockholders ng Siyete.

Nang makasalubong ko noong isang araw ang isa sa executives ng Siyete ay nagtanong ito sa akin kung ano raw ba ang naririnig kong latest tungkol sa tsikang ‘yon dahil sila rin daw ay nalilito na sa mga naglalabasang balita.

http://www.abante-tonite.com/issue/a...showbiz_jl.htm

[Archive]

Gozon: owners OK to sell
05/16/2012


MANILA, Philippines [UPDATED] - Amid talks of a possible deal between the 2nd and 3rd largest media groups in the country, an official of GMA Network Corp. said all major shareholder groups said have agreed to sell GMA-7 if the right price is offered.

He also stressed GMA-7 is an attractive buy and that other groups, aside from rival TV5 chair Manuel V. Pangilingan, have approached to acquire them before.

"We [are on] the same [page]. There is no disagreement among the major stockholders. We have one position," said GMA Chairman Felipe Gozon at the sidelines of the network's annual stockholder's meeting on May 16.

"Even if we are not for sale, at the right price we might be persuaded to sell," he said.

Three families -- Gozon, Duavit and Jimenez -- have a 75% controlling stake in GMA-7. The public owns the remaining 25% balance.

The owner of the TV5, Manuel Pangilinan, has denied that he is currently in negotiations to acquire rival GMA7, but had said his "interest continues."

"We are not really negotiating with MVP (Pangilinan). He expressed his interest, tagal na, ever since. He did not loose interest. Ever since the first transaction didn't push through, the interest remained," Gozon said, confirming Pangilinan's previous statements about GMA-7.

Pangilinan would only want an acquisition, as opposed to a joint venture, added Gozon.

The GMA-7 boss said an advance offer was made last year but there was a sticking point--the cost. "It's always the price," he said.

Gozon has previously joked about a P60 billion deal price. Pangilinan had shrugged this off as an "expensive" deal price.

"I'm just waiting for an offer that will be acceptable, so far we have not received any offer that is acceptable. I am not closing the book," said Gozon.

[MarionRivero]

Thursday, May 17, 2012
GMA-7 POSTS 6% DROP IN AD REVENUES DESPITE CLAIMING NUTAM LEADERSHIP!

Publicly listed firm GMA Network experienced a 5% drop in airtime revenues to P2.707 billion for the first 3 months of 2012. This was despite claiming TV Ratings supremacy over close rivals ABS-CBN and TV5.

Core business unit GMA Channel 7, which accounted for 90 percent of total airtime revenues, fell 6% year-on-year to around P2.44 billion.

This has caused the company to incur a 27% decrease in profits to P388 million from P534 million netted a year earlier. This has been among the lowest profit level of GMA for the past 9 years which is largely attributed to the maturing market and stiffer competition from TV5.


Rival ABS-CBN Corp. reported a 4% increase in airtime revenue and a 1% increase in recurring net income, while TV 5 remained red.

GMA's consolidated revenues for the first three months also dipped by 4% to P3.002 billion from P3.138 billion.
Television and radio airtime revenues totaled P2.707 billion, while revenues from subscriptions, licensing, and subsidiaries reached P295 million, up 8 percent.

Channel 11, carrying the country’s No. 1 news channel GMA News TV (News TV) increased its revenues by 7 percent under the QTV format from a year earlier. GMA Radio, meanwhile, maintained the same top line level in the same comparable period.
GMA International contributed P231 million to the top line, slightly higher than a year earlier, even with the appreciation of the Philippine peso against the US dollar, because of improved subscriber take up.
GMA chair and chief executive Felipe L. Gozon noted however that the company is targeting P2.8 billion in net income for 2012, higher than the P1.7 billion net income recorded last year.

“The bottomline to be about P2.8 billion for 2012, higher than last year… The first quarter result, kumbaga sa Filipino bumubuwelo o pumoposisyon pa tayo,”said Gozon.



http://tvnetworkwar.blogspot.com/201...time.html#more

[TFCworldwide]

Thursday, May 17, 2012
GMA-7 POSTS 6% DROP IN AD REVENUES DESPITE CLAIMING NUTAM LEADERSHIP!

Publicly listed firm GMA Network experienced a 5% drop in airtime revenues to P2.707 billion for the first 3 months of 2012. This was despite claiming TV Ratings supremacy over close rivals ABS-CBN and TV5.

Core business unit GMA Channel 7, which accounted for 90 percent of total airtime revenues, fell 6% year-on-year to around P2.44 billion.

This has caused the company to incur a 27% decrease in profits to P388 million from P534 million netted a year earlier. This has been among the lowest profit level of GMA for the past 9 years which is largely attributed to the maturing market and stiffer competition from TV5.


Rival ABS-CBN Corp. reported a 4% increase in airtime revenue and a 1% increase in recurring net income, while TV 5 remained red.

GMA's consolidated revenues for the first three months also dipped by 4% to P3.002 billion from P3.138 billion.
Television and radio airtime revenues totaled P2.707 billion, while revenues from subscriptions, licensing, and subsidiaries reached P295 million, up 8 percent.

Channel 11, carrying the country’s No. 1 news channel GMA News TV (News TV) increased its revenues by 7 percent under the QTV format from a year earlier. GMA Radio, meanwhile, maintained the same top line level in the same comparable period.
GMA International contributed P231 million to the top line, slightly higher than a year earlier, even with the appreciation of the Philippine peso against the US dollar, because of improved subscriber take up.
GMA chair and chief executive Felipe L. Gozon noted however that the company is targeting P2.8 billion in net income for 2012, higher than the P1.7 billion net income recorded last year.

“The bottomline to be about P2.8 billion for 2012, higher than last year… The first quarter result, kumbaga sa Filipino bumubuwelo o pumoposisyon pa tayo,”said Gozon.

http://3.bp.blogspot.com/-FEJt8XLuvh...etwork+Inc.jpg

http://tvnetworkwar.blogspot.com/201...time.html#more

Airtime Revenue 1Q 2012
GMA7 - 2,707 billion (6% decrease)
ABS-CBN - 4,186 billion (4% increase)

GMA7 is defeated in airtime revenue due to less commercial load
and most probably due to lower ad rate.

source:
gma pse
abs-cbn pse

GMA-7 POSTS 6% DROP IN AD REVENUES DESPITE CLAIMING AGB NUTAM LEADERSHIP!
Open blog.


other data:

Fist Quarter 2012 - Gross Revenue
GMA7 2.56 billion
ABS-CBN 7.1 billion

Fist Quarter 2012 - Net Income
GMA7 388 million
ABS-CBN 306 million

Fist Quarter 2012 - Total Operating Expense
GMA7 2.046 billion
ABS-CBN 6.1 billion

source:
gma network
abs-cbn

ABS-CBN's EXPENSES WILL RISE UP MORE BECAUSE OF THE DESTINY CABLE ACQUISITION
Sky Cable acquires Destiny in P3.5-B deal
source

[pikonLagiTal0]

TALO na naman ang KAPUSO sa ad load ngayong 1st Quarter 2012.
at malamang, CHEAP ad rate na naman yan.
1.479 billion lang naman ang lamang ng ABS-CBN sa airtime.

yan na ba epekto ng double number 1 kapuso?

Airtime Revenue 1Q 2012
GMA7 - 2,707 billion (6% decrease)
ABS-CBN - 4,186 billion (4% increase)

source:
gma pse
abs-cbn pse

Airtime Revenue 1Q 2012
GMA7 - 2,707 billion (6% decrease)
ABS-CBN - 4,186 billion (4% increase)

GMA7 is defeated in airtime revenue due to less commercial load
and most probably due to lower ad rate.

source:
gma pse
abs-cbn pse

GMA-7 POSTS 6% DROP IN AD REVENUES DESPITE CLAIMING AGB NUTAM LEADERSHIP!
Open blog.


other data:

Fist Quarter 2012 - Gross Revenue
GMA7 2.56 billion
ABS-CBN 7.1 billion

Fist Quarter 2012 - Net Income
GMA7 388 million
ABS-CBN 306 million

Fist Quarter 2012 - Total Operating Expense
GMA7 2.046 billion
ABS-CBN 6.1 billion

source:
gma network
abs-cbn

ABS-CBN's EXPENSES WILL RISE UP MORE BECAUSE OF THE DESTINY CABLE ACQUISITION
Sky Cable acquires Destiny in P3.5-B deal
source

[TFCworldwide]

2011 EXECUTIVE PAY

ABS-CBN Executive pay - P46.6 million
GMA Executive pay - P23.36 million

difference - P23.24 million

source: TV5 news

Cocktales: ABS-CBN races ahead of GMA in executive pay
24-May-12

They may dispute each other's rankings, but when it comes to executive compensation, ABS-CBN is definitely way, way ahead of competing GMA Network.

ABS-CBN reported Thursday that it paid chief executive and child of owner Eugenio "Gabby" Lopez III and its four highest officers nearly P233.4 million last year, which works out to an average of P46.6 million each.

Lopez's charmed circle includes president Ma. Rosario Santos-Concio, Roldeo Theodore Endrinal, Rolando Valdueza and Ma. Socorro Vidanes.

In contrast, GMA chairman and chief executive Felipe Gozon paid himself and his co-owner, president Gilberto Duavit Jr. as well as Felipe Yalong, Marissa Flores and Wilma Galvante a little over P134 million, or about P23.36 million each.

The combined compensation still includes the last paycheck of broadcaster Miguel Enriquez, who retired from GMA in September 2011 as senior vice president for radio operations.

The wide disparity between the two networks may be explained by ABS-CBN posting a net income of P2.42 billion last year, compared to GMA's P1.7 billion.

Still, the compensation gulf may not be that wide, given GMA's profit-sharing clause for its board and executive committee that has been cast in stone within the network's charter.

According to that provision, both Gozon and Duavit are also entitled as directors to one percent of the year's net income "to be distributed share and share alike" among GMA's nine board members.

Over and above that, the GMA chief executive and the president are also entitled to another 1.5 percent of the net income as extra compensation for the network's executive committee.

That 2.5 percent works out to over P42.8 million for all. Do the rest of the math.

[Hapee_Angel]

MVP kumpirmadong sinakop na ang GMA7
by Papak!/Abe Paulite Jun 2, 2012



HAYAN na nga at mukhang kinumpirma na ni Manny Pangilinan, may-ari ng TV5 at iba pang malalaking kompanya sa bansa ang bali-balitang siya na ang nagmamay-ari ng kalahati ng shares ng GMA7, ito ay kung pagbabasehan ang panawagan ni MVP sa presscon ng naturang TV station sa Mandarin Oriental, San Francisco, California na anya’y suportahan ang TV5 sa Amerika at huwag ding kalimutang suportahan ang GMA7.

Malamang sa pagbabalik ni Mr. Pangilinan sa Pinas pagkatapos ng TV5 International Launch sa Amerika ay baka ayusin na nito ang pormal na pag-upo sa trono ng Kapuso network.

Ano kaya ang magiging tawag kapag ang Kapuso at Kapatid ay magsanib, Kapusod? Hehehe!

Well, masaya ito. At least, dahil kay MVP, hindi mawawalan ng trabaho ang karamihan sa talents ng Siyete. Si Ms. Angel kaya, mananatili ba sa pwesto nya?

Si Pechay, este, Ms. Peachy, na lumayas sa Channel 7 at lumipat sa ABS-CBN at ngayon sa Singko, aapak kayang muli sa rati niyang pinagsisilbihang network?

Bueno, abangan na lang natin ang susunod na mga kabanata.

http://www.remate.ph/2012/06/mvp-kum...p-na-ang-gma7/

[Hapee_Angel]

Nothing wrong with planned buyout of GMA 7, says Revillame
By: Marinel R. Cruz
Philippine Daily Inquirer
June 3, 2012

LOS ANGELES, California—TV host Willie Revillame sees nothing wrong with the attempt of business tycoon Manny Pangilinan, chair of Media Quest Holdings Inc. which owns TV5, to buy another broadcast network, specifically GMA 7. “It just means more opportunities for more artists,” Revillame told reporters.

Pangilinan, who is also chair of the Philippine Long Distance Telephone Company (PLDT), has reportedly offered up to P45 billion for a 100-percent stake in the Kapuso network. The amount is still under negotiation.

Revillame let it slip that “something big” would happen in November 2012 in relation to the unprecedented deal.

Major changes

“If this will improve industry conditions, then I’m in favor of it,” he told the Inquirer during the after-party for “Wil Time Bigtime” at the Shrine Auditorium here.

Revillame was certain that major changes would follow if the acquisition pushed through. “Pwede nang magpalitan ng stars. It should be exciting to finally be able to work with artists from the other station, like the hosts of [the noontime game show] ‘Eat Bulaga.’” he said. “A new management [for GMA 7] would mean new plans and new programs. Both networks can help each other.”

The TV host said it was “natural” for people to react negatively to a new idea. “But this one is Mr. Pangilinan’s move and we must respect that.”

Revillame was in this city from May 24 to 26 to help launch the Kapatid network’s two international channels, Kapatid TV5 and Aksyon TV International. With him during a media gathering held at the Scientology Celebrity Center were his fellow TV5 talents Nora Aunor, Aga Muhlach, Derek Ramsay, Ruffa Gutierrez and “Wil Time Bigtime” cohosts Mariel Rodriguez and Camille Villar.

Pleasant recall

During the May 26 show, Revillame gave away a total of $30,000 in cash prizes in the segments “Family Apir,” “Kantanong” and “Baligtaran.” A video on the show’s history was shown, starting with Revillame’s transfer from ABS-CBN to TV5, through the signing of what was reportedly a billion-peso contract with the Kapatid network, and finally ending with the reformat of “Willing Willie” to “Wil Time Bigtime.”

He said he didn’t mind people still referring to his TV5 show as “Wowowee,” the ABS-CBN production he hosted for over five years. “It was where I started. I became known to people because of that show. I’m pleased with the recall. It’s like I’ve planted something in a small pot, then transferred it to a bigger area to make sure it grows—it grew better on TV5 soil.”

Kapamilya taunt

What made him and his production team frown, Revillame said, was that ABS-CBN organized a fundraising show last week (“Para Sa Inyo, Kapamilya”) at the Home Depot Center in Carson City on the exact same date and time that they were in the United States.

Kapamilya stars Charice, Martin Nieverra, Xian Lim, Erik Santos and Kim Chiu performed in the event.

“We had announced our show way before that,” insisted Claro Carmelo Ramirez, president of Pilipinas Global Network Limited, TV5’s international arm. “We only want to make people happy. As they say, we’re here not to subtract, but to add, to give people more choices.”

ABS-CBN has operated The Filipino Channel (TFC), a Filipino subscription-based TV network for 12 years now and claims over two million subscribers worldwide.

Second event

An estimated 5,000 people came to watch “Wil Time Bigtime” at the 6,500-seat Shrine Auditorium on May 26. Also present at the event were Ramirez, Revillame’s business managers Vic del Rosario and Alfonso “Boy” Reyno Jr., his legal counsel Leonard de Vera, TV5 executive vice president and chief operating officer Bobby Barreiro, News 5 head Luchi Cruz-Valdes and TV host Erwin Tulfo.

The second of two launch events were held at the Bill Graham Civic Auditorium in San Francisco on Saturday.

“We’re not here to compete [with ABS-CBN],” Revillame reiteratead. “We’re here to inspire more Filipinos. Bagong putahe naman ito.” PGNL and the US-based cable provider Dish Network inked a deal on Friday in San Francisco.


WILLIE Revillame let it slip that “something big”
would happen in November. FILE PHOTO

[Hapee_Angel]

Malaking network ang GMA7 pero binibitbit lang ng TV5 sa ibang bansa
by Papak!/Abe Paulite Jun 4, 2012

NINILAW ni Mr. Manny Pangilinan na hindi niya nababanggit ang tungkol sa merger ng GMA-7 at TV5 dahil hanggang sa mga oras na ito ay nag-uusap pa ang both parties para sa usaping ito. Ang malinaw, nagsanib-pwersa ang Kapatid at Kapuso sa US sa pamamagitan ng Dish Network, ang cable channel na kung saan mapapanood ang Singko at Siyete.

Nagtataka lang kami kung bakit sa kabila ng mas malaking TV network ang GMA pero bakit binibitbit lang ito ng TV5 para mapanood sa cable channel sa America?

Hindi ba’t matagal nang napanonood sa Tate ang huli dahil may service provider na silang kinakabitan? Hindi ba sila nakababayad kaya sinalo sila ng mabait at magaling na businessman?

http://www.remate.ph/2012/06/ang-produng-balimbing-bow/

[jacob1993]

Nilinaw ng chairman ng TV5 na si Manny V. Pangilinan, o MVP, ang report na magkakaroon na ng "merger" sa pagitan ng Kapatid network at ng GMA-7.

http://newsonph.blogspot.com/2012/06...ects-news.html

[Archive]

Gozon - Aminado talo sa NUTAM

Samantala, all out ang ginagawa ng GMA 7 para mas palakasin pa ang kanilang mga prog*rama. Aminado kasi si Mr. Gozon na hindi pa nila nabi-break ang habit ng mga taga-Visayas and Mindanao pagdating sa mga programang pinapanood ng mga ito kaya hindi gaanong nakakaalagwa ang mga programa nila sa mga nasabing probinsiya. “Aminado ako na talo kasi sa NUTAM (nationwide). Mahirap buwagin ang sa Visayas at Mindanao.

“’Yung Walang Hanggan, maganda naman talaga. Kaya ang ginagawa namin every week ‘yung mga walang taping nagpupunta sila sa probinsiya. Magaganda ang mga programa namin kailangan lang nilang malaman,” sabi ni Mr. Gozon.

Samantala, imbes na sumama ang loob sa dating executive nila na si Ms. Wilma Galvante na siya ngayong front sa bagong artista search ng TV5, sinabi ng presidente ng Kapuso network na sana ay noon pa ito ginawa ng TV5 para hindi na sila nag-pirate nang nag-pirate ng mga artista.

Nagpaalam naman daw sa kanya ang dati niyang executive.


June 12, 2012
philstar

[Red Dragon]

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[soliddec0y]

GOOD DAY SHARONIANS! GMA supporter here!

hayaan nyo at malapit na magmerge ang TV5 at GMA, pabagsak na lalo ang EBS!

asa!
kaya pala mas nagtitiwala mga advertisers sa abs-cbn.
TALO GMA7 SA AIRTIME REVENUE kasi mas madami ads sa abs-cbn at mas mahal tv ad rate.






Airtime Revenue 1Q 2012
GMA7 - 2,707 billion (6% decrease)
ABS-CBN - 4,186 billion (4% increase)

GMA7 is defeated in airtime revenue due to less commercial load
and most probably due to lower ad rate.

source:
gma pse
abs-cbn pse

GMA-7 POSTS 6% DROP IN AD REVENUES DESPITE CLAIMING AGB NUTAM LEADERSHIP!
Open blog.


other data:

Fist Quarter 2012 - Gross Revenue
GMA7 2.56 billion
ABS-CBN 7.1 billion

Fist Quarter 2012 - Net Income
GMA7 388 million
ABS-CBN 306 million

Fist Quarter 2012 - Total Operating Expense
GMA7 2.046 billion
ABS-CBN 6.1 billion

source:
gma network
abs-cbn

ABS-CBN's EXPENSES WILL RISE UP MORE BECAUSE OF THE DESTINY CABLE ACQUISITION
Sky Cable acquires Destiny in P3.5-B deal
source

[Empress_Carla]

Hindi raw sa kanila galing ang presyo, P52.5 bilyon na bilihan itinanggi ng GMA

SHOW-MY Ni Salve Asis (Pilipino Star Ngayon) Updated July 10, 2012

Nag-react kahapon ang presidente ng GMA 7 tungkol sa panibagong isyung lumabas na mahigit P52.5 B ang final amount sa magiging bentahan ng Kapuso Network.

Ayon kasi sa istoryang lumabas kahapon, isang source na familiar sa discussions at isang source na close sa seller ang nagsabi tungkol sa nabanggit na 52.5 B.

Pero sabi nga ni Mr. Gozon sa statement : “we are not the source of the information,” adding that, “we have not signed anything with the supposed buyer.”

Magkaiba ang sinasabi ng kampo ng buyer and seller kaya naloloka na ang marami sa naglalabasang balita.

Kadalasan sa business sections lumalabas ang tungkol sa bentahan na ang karaniwang source daw siyempre ay ang mga nasa business circle, pero pagdating sa kampo ng seller (GMA 7), iba ang sagot nila.

Nakailang beses nang nangyayari na may lumabas sa business section pero mabilis ang denial ng GMA7.

Consistent sila sa pagsasabing wala pa talagang final negotiations bilang hindi pa sila nagkakasundo sa presyo.

Well pinaka-maigi sigurong gawin ay hintayin na lang natin kung ano ba talaga ang kahihinatnan ng kanilang mga pag-uusap – matutuloy ba ang bilihan o hindi?

Kasi pag ang kampo ng buyer ang kausap, convincing at may mga nagsasabi pang marami nang may alam tungkol sa bilihan at maging si Ms. Anette Gozon-Abrogar, anak ni Atty. Gozon, alam na ang tungkol sa bilihan at nagkukuwento na ito tungkol dito.

Pero ‘yun nga, matigas ang pagdi-deny ng kampo nila kaya wait na lang tayo hanggang matuloy ang bilihan nila.

Wala lang kasi talagang malaking isyu sa showbiz na puwedeng balita kaya atat na ang marami sakaling magkatuluyan ang bentahan.

Nauna nang napabalita na all-cash transaction ang magiging pagbili ni Mr. Manny Pangilinan sa GMA 7. “We’re looking at an all-cash transaction. The purchase is likely to exceed the threshold that will trigger a mandatory tender offer,” sabi ni Mr. Pangilinan sa isang interview ng business section ng Philippine Star.

Tatlong pamilya ang may-ari ng GMA 7 Duavit, Gozon, and Jimenez na kailangang makumbinsi ng kumpanyang MediaQuest ni Mr. Pangilinan.