![]() “Tumaas ang expense, bumaba ang gross (revenue), that will affect our bottomline,” he said. GMA declared dividends of P1.45 in 2022 and P1.35 in 2021, more than two to four times its annual payouts before its rival, ABS-CBN Broadcasting of the Lopez family, lost its franchise in 2020.Īside from lower ad placements, Gozon said GMA’s operating costs surged this year as it produced more original shows and new channels with the easing of the pandemic. Only Procter & Gamble did not cut back,” said the GMA chairman and CEO in an interview with “Alpha Matters”, an in-depth interview with the people behind the country’s biggest fortunes. ![]() The big advertisers have cut back, especially Nestle, Unilever, and Unilab. Gozon warned fellow GMA Network shareholders to expect lower dividends after top advertisers slashed their spending on TV commercials. ![]()
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