Archives For Digital TV

GMA Network Chairman and CEO Felipe L. Gozon at the Company’s Annual Stockholders’ Meeting held today, May 20, at the GMA Network Studios in Quezon City. Above photo also shows GMA directors Michael John R. Duavit and Anna Teresa Gozon-Abrogar.

GMA Network Chairman and CEO Felipe L. Gozon at the Company’s Annual Stockholders’ Meeting held today, May 20, at the GMA Network Studios in Quezon City. Above photo also shows GMA directors Michael John R. Duavit and Anna Teresa Gozon-Abrogar.

 

(Quezon City, Philippines) – GMA Network is pulling all stops to secure its dominant position in the broadcast industry, according to the Company’s Chairman and CEO Felipe L. Gozon.

 

In his report during the company’s annual stockholders’ meeting on May 20 (Wednesday), Gozon announced that, despite strategic efforts to manage costs last year, they remained committed in ensuring their competitiveness.

 

“Thanks to a thorough review of our business needs vis-a-vis our capabilities, and the industry situation as a whole, all transmitter and other upgrades that were already in the pipeline were still implemented despite our belt-tightening,” he said.

 

Moreover, the Network continued to enhance its capacity to produce content in high definition in relation to the eventual shift from analog to digital TV.

 

“Our bigger studios in our Quezon City headquarters were also upgraded to high definition. Likewise, all our OB van facilities have been wired with new broadcast peripherals and are now capable of multi-format including HD recording,” Gozon said.

 

In relation to the Network’s financial performance, Gozon assured stockholders that the company’s fundamentals remain “sound and good.”

 

GMA ended 2014 with an EBITDA of P2.925 billion while consolidated net income settled at P1.010 billion primarily due to the absence of political ads.

 

Meanwhile, other business units and subsidiaries of the Network posted positive results, recording total revenues of P1.304 billion or 7 percent higher compared to 2013.

 

For 2015, Gozon affirmed that the company is focused on growing and strengthening the business. “We are ready to move forward, armed with our plans to further expand or improve all areas of our business,” he said noting on strong indications that 2015 will be a much better year for the company.

 

“To be sure, our net income for the first quarter of 2015 was already 25 percent more than our net income in the first quarter of 2014,” announced Gozon.

 

The Network previously reported that revenues for the first three months improved by 5 percent to P3.006 billion mainly on higher airtime sales from Channel 7, GMA News TV and GMA Radio.

 

Operating expenses slightly went up by 3 percent to P2.432 billion while EBITDA (earnings before interest, taxes, depreciation and amortization) settled at P986 million, up 20 percent from last year.

 

For updates on GMA Network’s artists, programs, international channels and events, visit the website www.gmanetwork.com/international, Facebook pageswww.facebook.com/GMAPinoyTV, www.facebook.com/gmalifetv, and www.facebook.com/gmanewsinternational, Twitter pages @gmapinoytv, @gma_lifetv, and @gmanewstvintl and Instagram account @gmapinoytv.

Engr. Elvis B. Ancheta, Senior Vice President and Head of the Engineering Group

Engr. Elvis B. Ancheta, Senior Vice President and Head of the Engineering Group

Broadcast giant GMA Network led in an independent study measuring digital TV presence in the country, affirming the robust coverage of the Network’s digital TV signal.

 

The study, which was conducted by local smartphone and tablet manufacturer Starmobile, revealed that GMA 1SEG and GMA News TV were available in 10 out of the 14 test locations in Metro Manila.

 

Other channels surveyed were ABS-CBN, ABS-CBN Sports, TV5, and AKSYON TV, among others.

 

“The results of the study confirm our readiness for the eventual shift to Digital TV,” says Engr. Elvis B. Ancheta, GMA Senior Vice President for Engineering.

 

In compliance with the directive of the National Telecommunications Commission, GMA has started to adapt the Japanese DTV standard or ISDB-T.

 

“Moreover, it manifests the level of importance the Network has placed in being able to reach as many viewers as possible as this ultimately determines our audience size,” Ancheta adds.

 

The Network takes pride in its commitment to signal superiority as evidenced by its excellent signal across the country, an advantage over competitors exhibited consistently by its analog footprint which it commits to carry over to digital.

 

Based on claimed household reception findings in the 2014 TV Establishment Survey of Nielsen Philippines, GMA is received by 99 percent of all TV households in Total Urban Philippines, leading other local free-to-air channels.

 

As it continues to improve and expand its coverage in the regions, GMA completed numerous transmission upgrades in 2014. The Network commissioned a new 2KW TV relay station in Daet, Camarines Norte and re-located its transmitting station in Iligan City to enable the re-broadcast of Northern Mindanao programs from Cagayan de Oro.

 

GMA is set to commission a new 5KW TV relay station in Butuan City this May.