Gozon on foiled GMA 7 buyout
Philippine Daily Inquirer
GMA 7 chair and CEO Felipe L. Gozon clarified certain issues relating to ratings and the aborted buy-out deal with businessman Manny V. Pangilinan during the “K-Pop Christmas Party” the company hosted for entertainment writers on December 13.
“The Kapuso network led the ratings game by 3 percent (vis-à-vis ABS-CBN) from January to Dec. 11, based on the recent AGB Nielsen survey.
“You are also well aware that attempts to buy the company were foiled twice, but look at Jimmy Duavit (network president and COO) and me—we’re still smiling. We don’t look sad. This is because we never really wanted to sell the station—some people just wanted to buy it.
Whatever happens, we’re OK. We posted a bigger profit this year and we expect it to grow even bigger.” Marinel R. Cruz
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