Incorporated on June 14, 1950, GMA Network, Inc. (GMA7) is a free-to-air media broadcasting company principally engaged in television and radio broadcasting, the production of programs for domestic and international audiences, and other related businesses. It is also engaged in providing new media services. GMA7 broadcasts extensively throughout the Philippines, programming between 21 and 22 hours a day on Channel 7 in Mega Manila and through 49 other television stations nationwide. The company also produces and broadcasts radio programs in 17 cities across the Philippines on its wholly owned operating network of 21 radio stations and one minority-owned radio station. GMA7's subsidiaries and affiliates are involved in media-related services such as movie making, sets and props construction, film syndication, music and video recording, new media, post production services and marketing, which complement the company?s core television and radio broadcasting business. The company's subsidiaries are composed of GMA New Media, Inc., Citynet Network Marketing and Productions, Inc., GMA Network Films, Inc., GMA Worldwide (Philippines), Inc., RGMA Marketing and Productions, Inc., Scenarios, Inc., Alta Productions Group, Inc., GMA Marketing & Productions, Inc., and MediaMerge Corporation. Its affiliates include Mont-Aire Realty and Development Corporation, RGMA Network, Inc., Philippine Entertainment Portal, Inc., X-Play, and INQ7 Interactive, Inc. Source: SEC Form 17-A (2008)