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The origin of GMA Network can be traced back to Loreto F. de Hemedes Inc. through DZBB, [2] which started airing its radio broadcast on March 1, 1950, and officially launched as a local radio station in Manila on June 14, 1950, and owned by Robert La Rue "Uncle Bob" Stewart, an American war correspondent. [3]
As part of the take over, the name of the TV station was changed to GMA Network (RBS, Inc. became GMA Network Inc. in 1996) and relaunched in 1975 as GMA Radio-Television Arts. [ 3 ] [ 9 ] In 1976, DZXX was relaunched as DWLS in the FM band based on the initials of his wife, Loreto Stewart.
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.
In July 2021, GMA Network launched GMA Ventures, which focuses on investing in startups, and named Duavit as the vice chairman of the firm. [44] In December 2023, GMA chairman and CEO Felipe Gozon announced his retirement from the chief executive role and named Duavit as his successor. The leadership change, which took effect in January 2024 ...
Under his watch, the network has also experienced stability in terms of revenues, mostly from advertising and other revenue sources. [3] On December 31, 2023, Gozon retired his post as the CEO of GMA; Gilberto R. Duavit, Jr., the company's president and COO took over his position on January 1, 2024. [4]
He was chairman of GMA Network, Inc. from 1974 to 1976 and was a former director of the company in 1977. He along with accountant Menardo Jimenez and lawyer Felipe Gozon acquired the Republic Broadcasting System (RBS) from Robert Stewart in 1974 and renamed as GMA Radio-Television Arts.
In October 2022, following the retirement of Marissa Flores as the head of GMA News and Public Affairs, GMA Public Affairs was split into a separate division, and GMA News was subsequently renamed "GMA Integrated News" under the leadership of Oliver Victor Amoroso. The rebranding is intended to emphasize the combined resources of its television ...
GMA Isabela DWLE-TV 7 2 kW (25 kW ERP) Maharlika Hi-way, Brgy. Malvar, Santiago, Isabela: GMA North Central Luzon DZEA-TV: 10 Originating 20 kW (120 kW ERP) Mt. Sto. Tomas, Tuba, Benguet (North Central Luzon) GMA Baler D-5-ZB-TV: 5 Relay 500 watts Purok 3, Brgy. Buhangin, Baler, Aurora: GMA Olongapo DWNS-TV: 10 1 kW Upper Mabayuan, Olongapo ...