Atty. Annette Gozon-Valdes on 'It's Showtime' contract renewal: 'We are in the process of negotiations'
GMA Network Senior Vice President Atty. Annette Gozon-Valdes has issued a statement following speculations that GMA variety show "TiktoClock" will allegedly take over the slot of "It's Showtime" as the latter's contract is set to end this December.
According to Gozon-Valdes via GMA Network's post on social media on Friday, GMA Network and "It's Showtime" are currently negotiating the renewal of its contract.
"We are in the process of negotiations now for the renewal of 'Showtime,'" she said.
The Kapamilya noontime variety show aired on GMA's Good Television (GTV) in July 2023 after officially signing a contract with GTV a month before.
"It's Showtime" then debuted on GMA Network's main channel in April this year after signing a new contract with the network in March.
In October, the show celebrated its 15th anniversary, with its week-long anniversary special, "Magpasikat," airing on GMA's main channel for the first time.
"It's Showtime" airs Mondays to Saturdays at 12 p.m. on GMA Network and GTV.
— CDC, GMA Integrated News