GMA Network (company)

GMA Network Inc.
Formerly
  • Loreto F. de Hemedes Inc. (1950–1963)
  • Republic Broadcasting System (1963–1996)
Company typePublic
PSEGMA7
Industry
FoundedMarch 1, 1950 (1950-03-01)
FounderRobert "Uncle Bob" Stewart
HeadquartersGMA Network Center, EDSA corner Timog Avenue, Brgy. South Triangle, Diliman, ,
Philippines
Area served
Worldwide
Key people
Products
Brands
Services
RevenueDecrease 18.63 billion (FY 2023)
Decrease ₱6.32 billion (FY 2023)
Decrease ₱3.16 billion (FY 2023)
Total assetsIncrease ₱26.25 billion (FY 2023)
Total equityIncrease ₱14.94 billion (FY 2023)
Owners
  • Group Management and Development Inc. (28.64%)
  • FLG Management and Development Corporation (26.38%)
  • M.A. Jimenez Enterprises (15.53%)
  • Television International Corporation (12.03%)
Number of employees
3,504 (2024)
ParentGMA Holdings Inc.
Divisions
Subsidiaries
Websitegmanetwork.com
Footnotes / references
[1][2]

GMA Network Inc., commonly known as GMA, is a Philippine media company based in Diliman, Quezon City, Metro Manila, Philippines. GMA is primarily involved in radio and television broadcasting, with subsidiaries dealing in various media-related businesses. The majority of its profits are derived from publicity and marketing incomes associated with television distribution. GMA is formed by the legal name of Global Media Arts.

GMA Network was founded on March 1, 1950 by American entrepreneur Robert "Uncle Bob" Stewart as Loreto F. de Hemedes Inc. The company launched its first radio station, DZBB on June 14, 1950. Its first broadcast on television was launched on October 29, 1961, and the television station was known as DZBB Channel 7.

In 1974, the company became known as Republic Broadcasting System (RBS) after the triumvirate of Gilberto Duavit Sr., Menardo Jimenez and Felipe Gozon due to the changes in media ownership laws. It then changed its corporate name to GMA Network Inc. on May 16, 1996, when the network identity became GMA Network.[3] The common shares of GMA is a publicly traded company on the Philippine Stock Exchange under the ticker symbol GMA7.

  1. ^ "Annual Report 2023" (PDF).
  2. ^ "Organizational Chart" (PDF). GMA Network. April 9, 2024.
  3. ^ "GMA Network, Inc. Company Information". PSE Edge. The Philippine Stock Exchange, Inc. Retrieved January 8, 2018.

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