The story
Prior to its current network, it was founded in 1983 as GV Broadcasting System by the Galang family. GV then operated its radio stations in Pampanga and later expanded in Batangas. GV's broadcast franchise was granted in 1995, and was later amended in 1998 allowing the inclusion of establishing its pay TV business.
In 2007, MediaQuest Holdings acquired a majority stake in GV and its parent Satventures, with the Galangs being part of MediaQuest. The Galangs later spun off its own radio assets into a new entity called Metro City Media Services.
In 2014, MCMS merged with the pay TV business of Apollo Global Corporation (the company whose associated with the Santa Ana racetrack owner Philippine Racing Club) to form Apollo Broadcast Investors. With this, the radio assets became GV Radios Network Corporation while keeping its only pay TV channel Pinoy Xtreme.
From Wikipedia’s article on Apollo Broadcast Investors, shared under CC BY-SA 4.0.3