gma7

COMPARISON OF ABS-CBN AND GMA NETWORK REVENUES

GMA Network
Founded
March 1, 1950

Headquarters
Quezon City, Philippines
Key people
Felipe Gozon, CEO

Revenue
▲ PHP10.83 billion (▲ +8%) (2007)

Net income
▲ PHP2.33 Billion (▲ +20%) (2007)

Employees
1,247(2007 end count)

GMA Network, Incorporated (PSE: GMA7 and GMAP), a Philippine multi-media conglomerate, is a television network in the Philippines. GMA provides news and entertainment programs through its forty-seven fully-owned television relay stations, four affiliate television stations and thirty-four radio stations throughout the Philippines. The network also offers its shows worldwide through GMA Pinoy TV, GMA Life TV and Internet TV myGMA.com.ph.
Its headquarters, the GMA Network Center, is located at EDSA corner Timog Ave., Diliman, Quezon City, Philippines. Atty. Felipe Gozon is its current Chairman and CEO. In Metro Manila, it uses terrestrial VHF Channel 7 (DZBB-TV), Channel 11 (DZOE-TV, leased from ZOE Broadcasting Network, operated by Q) and terrestrial UHF Channel 27 (DWDB-TV).

ABS-CBN Broadcasting Corporation (ABS-CBN)
June 14, 1946
Headquarters
Quezon City, Philippines
Key people:
Eugenio Lopez III, Chairman and CEOCharo Santos-Concio, President and COOJames Lindenberg, Founder (of Bolinao Electronics Corporation)

Revenue:
PHP16.54 billion (▲ 15% (YoY) 3rd qtr(2008)[1]
Operating income
PHP1.209 billion 1st Semester(2008)
Net income
PHP1.2 billion (▲ 23% (YoY) 3rd qtr(2008)
Employees
7,406 (as of 2008)

ABS-CBN Broadcasting Corporation (PSE: ABS) (ABS-CBN: "Alto Broadcasting System-Chronicle Broadcasting Network"), a Philippine multi-media conglomerate, is the largest integrated media and entertainment company in the Philippines with an asset base of more than PHP32.5 billion (US$666.8 million) as of June 2008.[2] ABS-CBN is principally involved in television and radio broadcasting, as well as the production of television programming for domestic and international audiences and other related businesses.[3][4] It was founded on June 13, 1946, becoming Asia's first commercial television broadcaster. It is part of the Lopez Group of Companies. It also broadcasts content to the rest of the world through The Filipino Channel (TFC Direct), TFCko (video on demand) and TFCnow internet TV.
The network's main broadcast facilities, news headquarters, transmitter and satellite operations and studio complex are located at the ABS-CBN Broadcast Center at Sgt. Esguerra Ave., Mother Ignacia St., Barangay Laging Handa, Diliman, Quezon City. In Metro Manila, its terrestrial VHF station is Channel 2 (DWWX-TV) while its terrestrial UHF station is Studio 23 (DWAC-TV). The company is slated to begin broadcasting digital television starting in January 2008,[5][6] although it has been presumably delayed since there were no announcement during the entire month of January that the signal is now digitized. It is now expected to begin its digital broadcasting by 2009.[7]
On March 3, 2008, Executive Vice-President Charo Santos-Concio had been promoted as 5th president of ABS-CBN Broadcasting Corp., taking over from interim president Eugenio Lopez III[8]