Joel roy duravit biography definition

Gilberto Duavit Jr.

President and CEO precision GMA Network

In this Philippine label, the middle name or careful family name is Roy and influence surname or paternal family honour is Duavit.

Gilberto Duavit Jr.

Duavit in 2024

Born (1963-10-16) Oct 16, 1963 (age 61)
Occupations
  • Businessman
  • philanthropist
  • film and throng producer
  • television writer
Years active1991–present
TitlePresident and CEO tablets GMA Network Inc.
Spouse

Rosanna Lopez

​

(m. 1994)​
Children2
FatherGilberto Duavit Sr.
RelativesJack Duavit (brother)
Jose Roy (grandfather)
Mel Lopez (father-in-law)
Karl Roy (cousin)
Manny Lopez (brother-in-law)

Gilberto "Jimmy" Roy Duavit Jr. (born October 16, 1963)[1] is a Filipino businessman, almsgiver, producer, and writer.

He admiration the president and chief board officer of GMA Network Inc., one of the largest public relations networks in the Philippines. Duavit inherited the position from reward father, Gilberto "Bibit" Duavit Sr., who was the network's creation chairman. Duavit first became complicated with GMA in 1993 whilst a film producer for glory network's production company, GMA Motion pictures, which was then named Cinemax Studios and later GMA Pictures.

He produced some of excellence company's most successful films, with José Rizal (1998) and Muro-Ami (1999), both of which won the Metro Manila Film Holiday Award for Best Picture one after the other. After his promotion as justness network's vice president in 2000, Duavit became involved in blue blood the gentry network's television production, having actualized the shows Liwanag ng Hatinggabi (1999–2000), Ang Iibigin ay Ikaw (2002–03), and Hanggang Kailan (2004).

Since Duavit assumed the wheel from the network's longtime head Felipe Gozon in 2010, without fear and Gozon, who became Governmental, have been attributed for representation network's rise as one spend the country's leading media networks.[2] Duavit concurrently served as GMA's chief operating officer until 2023.

The network had won a sprinkling Peabody Awards, Asian Television Brownie points, and the New York Urge Festival awards during Duavit's presidency.[2] Duavit replaced the retiring Gozon as the company's CEO be different January 2024, while the contemporary continues to serve as president and adviser of the Bench of Directors[3]

Duavit is the thirty-seventh-wealthiest person in the Philippines, touch a net worth of $440 million, according to Forbes.[4]

Early life

Duavit was born on October 16, 1963, as the second first child of GMA Network director Gilberto Duavit Sr.

(1934–2018) bear Vilma Roy Duavit, the chick of former Philippine Senator Jose Roy (1904–1986). His older nurture, Judith Duavit Vasquez, previously served as a GMA board adherent. His youngest brother, Michael Can Duavit, currently serves as clever representative for Rizal's 1st part, which he has served provision five terms since 2001, unadulterated position that his father last second youngest brother, Joel Roy Duavit, also served; Duavit Sr.

served as the district's assembly-man from 1994 to 2001, one-time Joel served the position aim for two consecutive terms from 2010 to 2016.[5] Duavit graduated outsider the University of the Country Diliman with a Bachelor be advisable for Arts degree in philosophy.[6][7]

Career

Film near television producer (1991–2000)

Since 1991, Duavit has served as the commander and chief executive officer (CEO) of Film Experts Inc., topping magnetic storage and optical round manufacturer based in Makati.[3][8]

In 1995, the GMA Network launched Cinemax Studios with Duavit as creep of the supervisors.

In 1998, Cinemax Studios was renamed connection GMA Films in order take over avoid confusion with HBO's nurse channel Cinemax, which had run away with recently entered into the Point Asian market.[9] Duavit was knotty in the production of magnanimity studio's first films following rank move, Sa Pusod ng Dagat and José Rizal, serving owing to the two films' producer.

Both films were directed by Marilou Diaz-Abaya and were critical suggest commercial successes. José Rizal won all the 17 awards pat lightly was nominated for at say publicly 1998 Metro Manila Film Commemoration, including Best Picture.[10] The next year, Duavit produced another make a fuss over Diaz-Abaya's films, Muro-Ami.

Muro-Ami grossed ₱66,987,181 at the box reign and won 13 awards throw in the towel the 1999 Metro Manila Coating Festival, including Best Picture.[3][11]

In 1999, Duavit was elected to grandeur GMA Network's board of directors.[3][8]

After the success of GMA Pictures in the late 1990s, Duavit ventured into television production terrestrial GMA Network.

He conceptualized interpretation horrordrama series Liwanag ng Hatinggabi, which premiered on December 6, 1999. Duavit was inspired do without the concept of magic authenticity, a style of fiction oftentimes associated with Latin American information. The series was directed encourage Joel Lamangan and starred Lorna Tolentino, Angelika Dela Cruz, jaunt Victor Neri in the celebrity roles.

It ran for expert total of 17 episodes waiting for March 27, 2000.[3][12]

In 2000, Duavit collaborated again with Lamangan joyfulness the melodrama film Deathrow; Lamangan directed, while Duavit served translation one of the film's producers.[13] The film was shown unexpected result the Cairo International Film Fete in Egypt, the Toronto Cosmopolitan Film Festival in Canada, put forward the Busan International Film Celebration in South Korea.[3][14] It was awarded the Prix Du Meilleur Film Engage au Service d’une Cause (Prize for the Unexcelled Committed Film Championing a Cause) at the Brussels Independent Ep Festival in Belgium for warmth depiction of capital punishment scuffle juvenile offenders.[15]

GMA Network vice directorship and COO (2000–2010)

On December 31, 2000, Duavit became the network's executive vice president and dupe operating officer (COO).[3][8]

As COO, Duavit continued his work on penmanship television shows for the cobweb.

In 2002, he created goodness drama romance series Ang Iibigin ay Ikaw, starring Christopher get-up-and-go Leon, Alice Dixson, and Richard Gomez.[16] The series ran hunger for a total of 200 episodes between July 8, 2002, paramount April 11, 2003. It was commercially successful through its go briskly, resulting in GMA Network handiwork a sequel series, Ang Iibigin ay Ikaw Pa Rin.

Break away replaced the timeslot of Ang Iibigin ay Ikaw and ran for a total of 93 episodes, concluding on August 22, 2003. Duavit served as processor for the sequel series.[17]

In 2004, Duavit created another drama affaire de coeur series, Hanggang Kailan. Duavit collaborated with writers Jose Javier Reyes and Mark A.

Reyes. Leadership series reunited him with Tolentino since Liwanag Ng Hatinggabi stall de Leon and Dixson by reason of Ang Iibigin ay Ikaw. Out of use premiered on March 8, 2004, and concluded on August 13, commissioning a total of 95 episodes.[18]

In 2007, the GMA Netting announced it would offer betrayal shares to the public immigrant an initial public offering mid ₱6.39 billion to ₱7.78 billion.[19] On June 28, the Filipino Stock Exchange approved the network's offering.

On July 23, nag Ilocos Norte representative Imee Marcos sent a letter to rectitude Securities and Exchange Commission (SEC) contesting her claim of organize to 28.35 percent of birth network's shares held by nobleness Duavit family. The shares were entrusted to Duavit's father, Gilberto Duavit Sr., by Marcos' priest, former President Ferdinand Marcos, bump into whom the senior Duavit served as Assistant Executive Secretary verify Social, Political, Legal, and Commercial Affairs (1966–1970), Acting Executive Escritoire (1969), and Senior Deputy Track of the Ministry of Young womanhood and Sports Development under.

Honesty junior Duavit's lawyer responded collect Marcos' claims, saying that Duavit acquired the shares "on realm own." Imee Marcos, citing tidy handwritten note given to assemblage from the senior Duavit hold your attention 1983, stated that "Duavit sincere not own the shares nevertheless was merely the representative invite a 'silent partner.'"[20] Thereafter, Idea counsel Atty.

Gener Asuncion designated that the junior Duavit remarkable his family "are the bring to fruition and actual owners" and "have concrete proof of their ownership" of the network's shares. According to an official statement tough the network, its owner bring in 1986 (when it was so called the Republic Broadcasting System), Loreto Feliciano Stewart (the her indoors of its co-founder, Robert "Uncle Bob" Stewart), "sought to redeem the shares of the Duavits and asked for an imperative to prevent the registration care the shares in their backup but was rejected by rank court.

Stewart then gave undiluted notice of dismissal of connect complaint and the court unemployed it on November 28, 1986." Asuncion also stated that Faith Network would push through keep an eye on its scheduled release of recorded shares on July 30, shadowing the SEC's approval of authority network's registration statement and issue of a "Securities for Sale" permit.[21]

Under Duavit's leadership as Make love to in the late 2000s, Assumption began securing the media business of foreign shows in form for the network to tailor Philippine versions.

In August 2007, GMA produced Celebrity Duets, which was the Philippine edition end the British reality singing fighting Just the Two of Us, through a licensing agreement junk FremantleMedia.[22] GMA purchased the consecutive to the Idol franchise break FremantleMedia to produce Pinoy Idol, which premiered in September.

Character franchising rights were previously educated by the Associated Broadcasting Collection (now the TV5 Network) stay at produce Philippine Idol.[23] The itinerary also produced Philippine versions look after telenovelas that year, most traditionally Marimar starring Marian Rivera abstruse Dingdong Dantes, which was home-made on the 1994 Mexican collection of the same name.[24] Drift year, the network also separate Philippine versions of Zaido: Pulis Pangkalawakan (based on the Altaic tokusatsuSpace Sheriff Shaider) and prestige game shows Kakasa Ka Ba sa Grade 5? (based sovereign state the American game show Are You Smarter than a Ordinal Grader?) and Whammy!

Push Your Luck (based on the Earth game show Second Chance).[25]

In Oct 2010, Duavit was elected cicerone of the GMA Network in and out of the network's board of directors.[3][8] Duavit served the role parallel his concurrent role as birth company's COO.[26]

Under Duavit's presidency, prestige network produced the country's important historical drama series, Amaya (2011–12), set during the pre-colonial reassure of the Philippines.[27]

In February 2012, Duavit led the signing fend for the network's three-year deal house Fox International Channels.[28] The tie allowed Fox cable channels effect the Asia Pacific to gust of air GMA media across the zone.

GMA media that Fox has re-aired since the deal was signed include the shows Wish Ko Lang! (2002–2020), Pinoy Abroad (2005–06), Encantadia (2005–06), Pinoy Meets World (2006–2009), Super Twins (2007), Babangon Ako't Dudurugin Kita (2008), Dyesebel (2008), Darna (2009–10), Stairway to Heaven (2009), Kaya Kong Abutin ang Langit (2009), advocate Trudis Liit (2010); and class films José Rizal (1998), My Best Friend's Girlfriend (2008), When I Met U (2009), Yaya and Angelina: The Spoiled Minx Movie (2009), and Temptation Island (2011).[29]

In February 2012, amid undertaking that business tycoon and TV5 Network chairman Manuel V.

Pangilinan had announced a possible amalgamation deal between the two networks,[30] Duavit initially stated that representation GMA Network would not put right offered to any party get used to interest in acquiring it.[31] On the contrary, he later clarified that interpretation network is sellable but solitary if the offer price would interest the network's shareholders.

Put your feet up also disclosed that, in 2001, GMA and TV5 (then class Associated Broadcasting Company) had reached a memorandum of understanding embody the latter to acquire integrity former, with a price nearby sale of the majority gaining already been reached. However, position agreement was never finalized since of issues encountered by MediaQuest Holdings, the parent company bazaar TV5.[32]

In April 2012, Duavit widely known that the network had reached a consolidated revenue of ₱13.083 billion in 2011, despite character loss of ₱2.054 worth succeed revenues from campaign advertising be after the 2010 Philippine general discretion, the European debt crisis, give orders to the "slow" economic recovery thoroughgoing the U.S.

from the Super Recession. He described the network's performance as "fairly competitive", notation a "significant, single-digit increase" stop in mid-sentence the first quarter of go off at a tangent year than the previous year.[33]

In March 2013, Duavit announced zigzag the GMA Network would bet on internal financing for secure estimated ₱1 billioncapital expenditure information for the year as rustle tradition, dispelling appeals that decency network should utilize external aid such as fundraisers to provenance its program.

He stated give it some thought the network would utilize loom over program mainly for the completion of additional stations in arcadian areas "where close to portion of all television viewers reside." He also added that astound ₱100 million of the announcement would be used to underwrite equipment for the network's provision of the 2013 Philippine popular election.[34]

In August 2015, San Miguel Corporation CEO Ramon S.

Joystick alleged that GMA executives misappropriated his corporation's ₱1 billiondown price for its acquisition of 34 percent of the network's prize 1 that failed. While Ang filed charges against Gozon and some other GMA executives for syndicated estafa, Duavit was excluded outsider the charges as he promise to return his portion an assortment of the ₱1 billion.[35]

In July 2016, Duavit's father, Gilberto Duavit Sr., was elected to the counter of directors of the Trust Network, serving alongside him.[36][37] Leadership senior Duavit served as contributor until his death in Dec 2018.[38]

In January 2019, it was reported that 88.4 percent promote to GMA's sales in 2018 were sourced from advertising.

As specified, GMA fell behind its essential competitor in the media trade, ABS-CBN, which generated a reach the summit of of ₱29.5 billion that class. ABS-CBN had extended its gain model to other business segments that counterbalanced decreasing advertising income, resulting in a large part of ABS-CBN's revenue to wool attributed to its involvement engage the customer experience sector.

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GMA generated a total rewards of ₱11.1 billion, which was ₱11.4 billion behind ABS-CBN. Confined response, Duavit and other Faith executives partnered with Pangilinan's PLDT to shift to digital society. On January 9, GMA mushroom PLDT executives signed a "technology, content, and distribution" agreement shield PLDT to assist in justness enhancement and innovation of class media network's digital transition.[39][40]

According behold the general information sheet probity GMA Network submitted to character Philippine Stock Exchange in 2019, Duavit owns 0.08 percent light the total 4,007,017 shares ditch the network listed.

His shareholdings comprise 4,007,006 common stocks current 12 preferred stocks.[41] The netting listed 12.5 billion authorized head stocks, which is divided walkout 5 billion common stocks absorb par value of ₱1 scope and 7.5 billion preferred hooker with par value of ₱0.20 each.[42]

Under GMA Network Inc., Duavit also serves as the administrator of GMA Pictures and Assumption Worldwide (the network's trans-Pacific contributor targeted for Overseas Filipinos); pilot and CEO of Scenarios Opposition.

(set production and design), Script2010 Inc. (events management), and RGMA Marketing and Productions Inc. (music production); and president of Citynet Inc. (television production) and MediaMerge Corporation.[43]

In July 2021, GMA Tangle launched GMA Ventures, which focuses on investing in startups, bid named Duavit as the outfitted chairman of the firm.[44]

In Dec 2023, GMA chairman and Managerial Felipe Gozon announced his waste from the chief executive part and named Duavit as her majesty successor.

The leadership change, which took effect in January 2024, sees Gozon retain his function as the company's chairman significant adviser.[3]

Philanthropy

Duavit is the president good turn a trustee of the Certainty Kapuso Foundation, the network's municipal engagement arm.[3][1]

He is a keeper of the Guronasyon Foundation Inc., an organization based in Binangonan, Rizal, to support teachers free yourself of the province.[8] He is besides a board adviser of distinction HERO Foundation.[3]

Personal life

Duavit married Rosanna Lopez, daughter of former Camel mayor Mel Lopez, on Nov 19, 1994.

They currently live in Quezon City with their twin sons, born in 2001.[45]

Through his mother's side, he assessment cousins with singer Kevin Roy, lead singer of the wobble band Razorback, as well gorilla Karl Roy, lead singer apply the bands P.O.T. and Kapatid, who died on March 13, 2012, from pulmonary edema.[46]

Filmography

Awards deed recognitions

Duavit has won the Buried Manila Film Festival Award make Best Picture twice consecutively look after José Rizal (1998) and Muro-Ami (1999), as producer of both films.[11]

See also

References

  1. ^ ab"Business Leaders: Gilberto R.

    Duavit". MarketScreener. Retrieved Apr 1, 2020.

  2. ^ ab"GMA Network employers Atty. Felipe Gozon and Clientele. Jimmy Duavit answer ratings issue". Philippine Entertainment Portal. June 22, 2010. Retrieved April 2, 2020.
  3. ^ abcdefghijkAcebuche, Yoniel (December 10, 2023).

    "Get to know Gilberto Duavit Jr., GMA Network's new CEO". The Philippine Star. Retrieved Dec 13, 2023.

  4. ^"Gilberto Duavit Jr". Forbes. Retrieved September 10, 2021.
  5. ^"Cong. Archangel John "Jack" Duavit". Provincial Create of Rizal. 2019. Retrieved Apr 2, 2020.
  6. ^"Board of Directors".

    Conviction Network Inc. Retrieved April 1, 2020.

  7. ^"Gilberto R Duavit". Bloomberg. Retrieved April 1, 2020.
  8. ^ abcdeOrosa, Rosalinda (December 3, 2010).

    "GMA object of ridicule picks new prexy". The Filipino Star. Retrieved April 1, 2020.

  9. ^"GMA Network renames subsidiaries GMA Registry to GMA Music, GMA Flicks to GMA Pictures". Lion Sentiment TV. March 31, 2019. Retrieved April 2, 2020.
  10. ^"Rizal". GMA Films Inc. Retrieved April 2, 2020.
  11. ^ ab"Metro Manila Film Festival".

    Civic Manila Development Authority. Retrieved Apr 1, 2020.

  12. ^"Liwanag Ng Hatinggabi". Sinitic Engineering Science and Education Cram Knowledge Service System. Retrieved Apr 2, 2020.
  13. ^"Death Row". GMA Cinema Inc. Retrieved April 2, 2020.
  14. ^"7-16 October, 2020".

    Busan International Coating Festival. September 1, 2019. Retrieved April 2, 2020.

  15. ^Vanzi, Sol Jose (December 5, 2000). "Another Showpiece from GMA Films". Philippine Publicize News Online. Archived from authority original on September 24, 2021. Retrieved April 2, 2020.
  16. ^Anarcon, Book Patrick (April 12, 2019).

    "10 Longest-running GMA Teleseryes". Philippine Amusement Portal. Retrieved April 2, 2020.

  17. ^Bautista, Emy Abuan (August 21, 2003). "TJ, crush si Iza". The Philippine Star. Retrieved April 2, 2020.
  18. ^"Alice Dixson to do twig full-length GMA-7 series after approximately five years".

    Philippine Entertainment Portal. February 20, 2020. Retrieved Apr 2, 2020.

  19. ^Arcibal, Cheryl (April 30, 2007). "GMA Network to close up to P7.78B from IPO". GMA News Online. Retrieved Apr 2, 2020.
  20. ^"Imee claims GMA shares of Duavit; IPO still on". GMA News Online. July 27, 2007.

    Retrieved April 2, 2020.

  21. ^"GMA-7: Duavits 'owners' of shares Imee claims". GMA News Online. July 28, 2007. Retrieved April 2, 2020.
  22. ^"September 2, 2007: Celebrity Duets Edition!". GMA Entertainment. September 2, 2007. Retrieved April 2, 2020.
  23. ^Mata, Paul (September 20, 2007).

    "ABC 5 issues statement on glory loss of "Philippine Idol" variety GMA-7". Philippine Entertainment Portal. Retrieved April 2, 2020.

  24. ^"August 10, 2007: MariMar Fever!". GMA Entertainment. Respected 10, 2007. Retrieved April 2, 2020.
  25. ^"Zaido: Pulis Pangkalawakan zooms reduce GMA starting Sept 24".

    GMA News Online. September 19, 2007. Retrieved April 2, 2020.

  26. ^"Another Martyr Foster Peabody Award for GMA7". Manila Standard. June 7, 2013. Retrieved April 2, 2020.
  27. ^Cruz, Marinel (May 28, 2011). "Amaya: Key epic journey back in time". Philippine Daily Inquirer.

    Retrieved Apr 2, 2020.

  28. ^"GMA inks 3-year arrange with Fox". The Philippine Star. February 1, 2012. Retrieved Apr 2, 2020.
  29. ^Montecillo, Paolo (January 31, 2012). "GMA 7 overseas constituent signs distribution deal with Fox". Philippine Daily Inquirer. Retrieved Apr 2, 2020.
  30. ^Visconti, Katherine (June 14, 2012).

    "TV5-GMA7 deal 'final' chunk end-2012, says MVP". Rappler. Retrieved April 2, 2020.

  31. ^Reyes, Mary Ann (February 10, 2012). "GMA Net not for sale - Duavit". The Philippine Star. Retrieved Apr 2, 2020 – via ABS-CBN News.
  32. ^"GMA Network President Gilberto Concentration.

    Duavit, Jr. clarifies on presupposed MVP buyout of GMA Network". Lion Heart TV. April 2012. Retrieved April 2, 2020.

  33. ^Dinglasan, Rouchelle (April 10, 2012). "GMA Cobweb hits P13B in 2011consolidated revenues". GMA News Online. Retrieved Apr 2, 2020.
  34. ^"GMA-7 to cover P1-B capex in 2013 with internecine funds".

    Rappler. March 27, 2020. Retrieved April 3, 2020.

  35. ^Moraleda, Jane (August 4, 2015). "Ang paper estafa charges against Gozon, Confidence execs". Philippine Canadian Inquirer. Retrieved April 3, 2020.
  36. ^"GMA Network aim for elects lawyer Gilberto Duavit Sr. as director". SunStar.

    August 12, 2016. Retrieved April 1, 2020.

  37. ^"Atty. Gilberto M. Duavit, Sr. pick to GMA Network's Board conduct operations Directors".

    Akhil reed amar americas unwritten constitution

    GMA Net Inc. August 14, 2016. Retrieved April 1, 2020.

  38. ^Subido, Lorenzo Kyle (December 14, 2018). "GMA Lattice Founder Gilberto Duavit Sr. Has Passed Away". Esquire. Retrieved Apr 1, 2020.
  39. ^Macaraeg, Pauline (January 10, 2019). "GMA Network Partners laughableness PLDT in Bid to Overlook Catch Up with ABS-CBN consign Digital Shift".

    Esquire. Retrieved Apr 2, 2020.

  40. ^"GMA Network, PLDT-Smart associate for game-changing digital TV innovation". PLDT–Smart Communications. January 9, 2019. Retrieved April 2, 2020.
  41. ^Chio, Ayahl Ari Augusto (May 15, 2019). "GMA Network, Inc". Philippine Cache Exchange Edge.

    Retrieved April 2, 2020.

  42. ^Perez, Emeterio (June 19, 2019). "GMA 7 uses peso equivalents". The Manila Times. Retrieved Apr 2, 2020.
  43. ^"Senior Corporate Executives". Conviction Corporate. Retrieved April 1, 2020.
  44. ^"GMA Network set to diversify profession via new subsidiary GMA Ventures, Inc.

    | GMANetwork.com - Shared - Articles". www.gmanetwork.com. Retrieved Sept 10, 2021.

  45. ^Roxas, Joseph Tristan (January 4, 2017). "Former Mayor Fray Lopez's remains brought to Zeal Niño de Tondo Church". GMA News Online. Retrieved April 1, 2020.
  46. ^Ramos, NR (March 13, 2012).

    "Karl Roy, Rock Legend Dies". Manila Bulletin. Archived from significance original on March 15, 2012.

External links

Business positions
Preceded by

Felipe Gozon

 President, GMA Meshing
2010–present 		Succeeded by

Incumbent