GMA 7 profit down 35% a year before midterm polls

GMA 7 profit down 35% a year before midterm polls

MANILA, Philippines — GMA Network Inc., the dominant free TV player, ended 2024 with a 35-percent drop in its bottom line because of weaker advertising revenues. In its latest disclosure, the listed media company reported that net income had fallen to P2.07 billion last year from P3.17 billion in 2023. Advertising revenues, which comprised 92