With its creation, LVN Pictures offered a rival to then-newly established Sampaguita Pictures of the Vera-Perez family. LVN chose the big piece of land in P. Tuazon Boulevard, C. Benitez and St. Peter Street in Cubao, Quezon City as its home, and for the next seven decades, the lot would become the backlot and administration location of the studio. The LVN Gate, with the initials of the studio emblazoned in red letters and set in white beams, became as famous as the Paramount Pictures gate, and the big LVN Studios logo atop the Main Building became as famous as the MGM logo atop its main building. To oversee its production facilities, Doña Narcisa de Leon of the De Leon family took over the company as its president and "Executive Producer". She was the first Filipina film mogul. Eventually due to circumstances, the uninvolvement of the Villongco (which was preceded by the demise of one of the founders Carmen "Doña Mameng" Suarez Villongco) and Navoa families in the 1960s onwards, she bought a majority of their shares, which made LVN a De Leon family company.
