GMA Network Inc. has failed to secure a temporary restraining order (TRO) against the Securities and Exchange Commission’s (SEC) new rules imposing a strict term limit on independent directors of publicly listed companies. Makati City Regional Trial Court (RTC) Branch 38 denied an application for...
GMA Network Inc. is taking the Securities and Exchange Commission (SEC) to court to block the new regulation that forces long-serving independent directors to vacate their seats. In a petition for certiorari filed Thursday, March 26, with the Regional Trial Court of Makati, GMA sought to nullify...
GMA Network Inc., the country’s top broadcast network, is taking steps to recover its ratings and profitability, on air and in the digital space, after seeing its earnings drop by 35 percent last year. “Efforts are underway to address the dip in our TV ratings as we work toward further...