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ABS-CBN Corporation

ABS-CBN Corporation is a Filipino media company based in Quezon City, Metro Manila, Philippines. It is the largest entertainment and media conglomerate in the Philippines. It is a subsidiary of Lopez Holdings Corporation which is owned by the López family[4] ABS-CBN was formed by the merger of Alto Broadcasting System (ABS) and Chronicle Broadcasting Network (CBN).

ABS-CBN Corporation
The ELJ Communications Center in Diliman, Quezon City, the corporate headquarters of ABS-CBN
Formerly
  • Bolinao Electronics Corporation (1946–1953, 1957–1967)
  • Alto Sales Corporation (1953–1957)
  • Chronicle Broadcasting Network, Inc. (1956–1957)
TypePublic
PSE: ABS
IndustryMass media
Entertainment
FoundedJune 13, 1946; 76 years ago (1946-06-13)
Founders
HeadquartersELJ Communications Center
(Corporate)
ABS-CBN Broadcasting Center
(Broadcasting), ,
Area served
Worldwide
Key people
ProductsBroadcasting
Motion pictures
TV production
Cable television
Internet
Streaming service
Broadcast syndication
Record label
Telecommunications
Satellite television
Film distribution
Revenue 17.83 billion (FY 2021)[2]
−₱5.23 billion (FY 2021)[2]
−₱5.67 billion (FY 2021)[2]
Total assets ₱52.56 billion (FY 2021)[2]
Total equity ₱12.09 billion (FY 2021)[2]
Owner
Number of employees
11,068 (estimated 2018; 900 non-regular workers and 3,325 talents)[2]
ParentLópez Holdings Corporation
Divisions
SubsidiariesList of subsidiaries
Websiteabs-cbn.com/corporate

ABS was founded in 1946 by American electronics engineer James Lindenberg as Bolinao Electronics Corporation (BEC). In 1952, BEC was renamed Alto Broadcasting System (ABS) with its corporate name, Alto Sales Corporation after Judge Antonio Quirino, brother of President Elpidio Quirino, purchased the company and later launched the first TV station in the country, DZAQ-TV on October 23, 1953. The company that would later be merged with ABS to form ABS-CBN was founded in 1956 as Chronicle Broadcasting Network, Inc. (CBN) by Eugenio Lopez Sr. and his brother Fernando Lopez, who was the sitting Vice President of the Philippines. A year later, the Lopezes acquired ABS. The ABS-CBN brand was first used on television in 1961. The company became known as ABS-CBN Broadcasting Corporation on February 1, 1967. The conglomerate started to adapt the ABS-CBN Corporation name on May 27, 2010 to reflect the company's diversification, although the ABS-CBN Broadcasting Corporation name is still used alternatively on some uses.[a] The common shares of ABS-CBN were first traded on the Philippine Stock Exchange in July 1992 under the ticker symbol ABS.[5]

The conglomerate mainly focus as a content company, which includes producing television programs, films and other entertainment contents and distributions.[6]

History

The company was founded on June 13, 1946, as Bolinao Electronics Corporation (BEC). BEC was established by James Lindenberg, one of the founding fathers of Philippine television,[7] an American electronics engineer who went into radio equipment assembly and radio broadcasting. At that time, the largest media company was Manila Broadcasting Company (MBC), with DZRH as the leading radio station. In 1949, James Lindenberg shifted Bolinao to radio broadcasting with DZBC and masterminded the introduction of television to the country in 1953.[8]

In 1951, Lindenberg partnered with Antonio Quirino, brother of then-Philippine President Elpidio Quirino, in order to try their hand at television broadcasting. In 1952, BEC was renamed as Alto Broadcasting System or ABS (with Alto Sales Corporation as its corporate name). "Alto" was a contraction of Quirino's and his wife's first names, Tony and Aleli. Though they had little money and resources, ABS was able to put up its TV tower by July 1953 and import some 300 television sets. The initial test broadcasts began in September of the same year. The very first full-blown broadcast was on October 23, 1953, of a party in Tony Quirino's humble abode. The television station was known as DZAQ-TV.[8]

On June 16, 1955, Republic Act No. 1343 signed by President Ramon Magsaysay granted the Manila Chronicle its broadcasting franchise, leading to the formation of the Chronicle Broadcasting Network.[9][10]

The Chronicle Broadcasting Network (CBN) was founded on September 24, 1956 by Eugenio Lopez Sr. and the then-Philippine Vice President Fernando Lopez. The network initially focused only on radio broadcasting. It launched its very own TV station, DZXL-TV 9, on April 19 (or July[11]), 1958.[8] On February 24, 1957, Don Eugenio acquired ABS from Quirino and Lindenberg. A month later, Don Eugenio also acquired Monserrat Broadcasting System.[12]

In 1958, the network's new headquarters at Dewey Boulevard were inaugurated, and all radio and television operations were consolidated into its two buildings – the radio stations at the Chronicle Building at Aduana Street, Intramuros, Manila and the TV operations at the brand new Dewey Boulevard building in Pasay, Rizal.[8]

The ABS-CBN brand was first used in 1961. However, it was only on February 1, 1967, that the corporate name was changed to ABS-CBN Broadcasting Corporation. Before it was named ABS-CBN Broadcasting Corporation, the corporate name was Bolinao Electronics Corporation (BEC).

YouTube hacking incident

On November 3, 2020, the YouTube channels of ABS-CBN News and ANC 24/7 were terminated for several hours, allegedly due to a “violation of YouTube’s Terms of Service.” It is unclear what the violation was, however, it was later confirmed by YouTube that the channels were targeted by hackers instead.[13] Both channels were reinstated on the same day, at around at 3:58 P.M (PHT).[14][15][16]

Assets and subsidiaries

ABS-CBN Corporation owns major of media and entertainment companies in the Philippines, and offers services and products such as television and radio broadcast, satellite and cable, broadcast syndication, telecommunications, publishing, content production and program and film distributor, television production, film production, new media and digital platforms, talent agencies, pay TV and broadband internet provider, consumer sales and merchandise, music label and recording, and theater.[17][b] The group owns and operates Kapamilya Channel and ABS-CBN News Channel under ABS-CBN as well as the Teleradyo and MOR Entertainment digital radio networks. The Kapamilya Channel, in particular, is the largest contributor to the group's revenue mainly from selling airtime to advertisers. The remaining revenue is generated from block-timing with A2Z and TV5 as well as from consumer sales, mainly from ABS-CBN Global Ltd. and ABS-CBN International, which distributes international television channels such as TFC HD,[18] ANC Global, Cinema One Global, Cine Mo! Global, Teleradyo Global and Myx Global[19] and also from pay TV and broadband internet provider Sky Cable Corporation.

Other companies which operate under the ABS-CBN group are motion picture companies under ABS-CBN Film Productions, such as Star Cinema, Cinema One Originals, Cine Bro and Black Sheep Productions,[20] television production companies ABS-CBN Entertainment, Dreamscape Entertainment, Star Creatives, RCD Narratives, JRB Creative Production and RGE Drama Unit under RSB Scripted Format,[21][22] entertainment and film production Star Magic Studio[23] (under Star Magic), online ticketing and streaming site KTX, they also operate music recording labels under ABS-CBN Music, such as Star Music and its subsidiaries, Tarsier Records,[24] and MYX Global, publishing firm ABS-CBN Publishing and ABS-CBN Books, pay TV content provider and distributor Creative Programs, telecommunications company ABS-CBN Convergence which owned by the company with 68% co-owned with Globe Telecom, and talent agencies Star Magic, its divisions such as Star Hunt, Polaris, and Rise Artists Studio.[25] They also operate the main entertainment and production division of ABS-CBN, Star Creatives Group. Among the pay TV networks and channels under the ABS-CBN group are ANC, Cinema One, Cine Mo!, Jeepney TV, Kapamilya Channel, Knowledge Channel, Metro Channel, Myx and TeleRadyo. In recent years, ABS-CBN has ventured and diversified in other businesses such as over-the-top platform iWant TFC, TFC IPTV and web-based channel Kapamilya Online Live. Both iWant TFC and Kapamilya Online Live are under ABS-CBN Digital Media, a new media and digital division under ABS-CBN which also handles news.ABS-CBN.com and ABS-CBN.com. ABS-CBN is also the principal owner of the ABS-CBN Philharmonic Orchestra. It also owns ABS-CBN Studios, Inc. which operates its production facilities nationwide, including the ABS-CBN Soundstage located in Bulacan and Regional production facilities. And the newly relaunched theater arm of ABS-CBN, Teatro Kapamilya.[23] Aside from the ABS-CBN Soundstage, ABS-CBN also has other real estate properties for the company's operations.

Notes

  1. ^ The name ABS-CBN Broadcasting Corporation is still used alternatively nowadays even after the company started to adapt the ABS-CBN Corporation name on May 27, 2010 on some uses, such as the sign-on and sign-off of ABS-CBN until June 26, 2012, at the end of credits of Maalaala Mo Kaya until late 2010s, and on some news articles that are related to the network and media conglomerate.
  2. ^ ABS-CBN Corporation is the Philippines largest media and entertainment conglomerate in terms of assets, revenue, international services, revenue, operating income, net income, assets, equity, market capitalization, and number of employees.

References

  1. ^ "ABS-CBN elects Gabby Lopez as chairman emeritus, Mark Lopez as chairman". ABS-CBN News. April 19, 2018. Retrieved April 19, 2018.
  2. ^ a b c d e f SEC Form 17-A (Report). Philippine Stock Exchange. May 17, 2022. Retrieved December 14, 2022.
  3. ^ a b c PSE Disclosure Form POR-1 (Public Ownership Report) (Report). Philippine Stock Exchange. April 22, 2021.
  4. ^ For citations about ABS-CBN Corporation being the largest entertainment and media conglomerate in the Philippines:
    • Gonzales, David (July 17, 1999). "Philippines Indie VIVA Music Group". International > newsline... Billboard. p. 65. Retrieved April 11, 2018 – via Google Books. ...changes at Star, a subsidiary of ABS-CBN Broadcasting, the country's largest media conglomerate.
    • Hamilton-Paterson, James (2014). America's Boy: The Marcoses and the Philippines (Snippet view). London: Faber & Faber. ISBN 9780571320196. OCLC 922406663. Retrieved April 11, 2018 – via Google Books. In June 1972, Eugenio Lopez, Sr. ... stood at the apex of Philippine public and social life. He was chairman of the country's largest media conglomerate (ABSCBN) and president of its leading electricity utility, Meralco.
    • Ignacio, Emily Noelle (2013). "The Challenges of On-Line Diaspora Research". In Gold, Steven J.; Nawyn, Stephanie J. (eds.). Handbook of International Migration. London: Routledge. p. 549. ISBN 9781135183486. Retrieved April 11, 2018 – via Google Books. ABS-CBN, the Philippines' largest media conglomerate, broadcasts widely in the Philippines and worldwide via satellite television.
    • Slind-Flor, Victoria (October 14, 2014). "ABS-CBN Awarded $10 Million in Copyright Infringement Dispute". Bloomberg Technology. Bloomberg. Retrieved April 11, 2018.
    • Montecillo, Paolo (December 13, 2012). "ABS-CBN to issue 1B voting low yield preferred shares". Philippine Daily Inquirer. Retrieved January 20, 2013.
    • Lopez, Antonio (2000). . Asiaweek. Archived from the original on December 13, 2012. Retrieved July 11, 2012.
    • Lucas, Daxim (June 23, 2012). "TV5 losses double to P4.1B in 2011". The Philippine Daily Inquirer. Retrieved July 11, 2012.
  5. ^ "ABS-CBN Corporation stock data". PSE EDGE portal. Philippine Stock Exchange. April 13, 2018. Stock Data > Listing Date. Retrieved April 13, 2018.
  6. ^ "ABS-CBN evolves into a content company to produce content for viewers worldwide | ABS-CBN Corporate". ABS-CBN. Retrieved October 30, 2021.
  7. ^ . ABS-CBN. April 30, 2009. Archived from the original on November 7, 2011. Retrieved May 8, 2011.[self-published source]
  8. ^ a b c d Anastacio, Ellen Joy; Badiola, Janine Natalie (2000). The History of Philippine Television (Thesis). UP-CMC Broadcast Department. Retrieved March 27, 2012.
  9. ^ "R.A. No. 1343". The Corpus Juris. June 16, 1955. Retrieved June 13, 2020.
  10. ^ Rodrigo, Raul (2006). Kapitan: Geny Lopez and the story of ABS-CBN. ABS-CBN Publishing. p. 45. ISBN 978-971-816-111-1.
  11. ^ "Article". news.google.com. Retrieved October 14, 2019.
  12. ^ Rodrigo, Raul (February 28, 2020). "How Don Eugenio Lopez bought ABS from the Quirinos to build a broadcast giant". ANC X. Retrieved July 16, 2022.
  13. ^ "YouTube Takes Down ABS-CBN News Accounts For Nine Hours After 'Hack'". One News PH. Retrieved November 4, 2020.
  14. ^ "ABS-CBN News' YouTube channel down, account 'terminated'". Rappler. November 3, 2020. Retrieved November 6, 2020.
  15. ^ "Hackers attack ABS-CBN News' YouTube channels". Rappler. November 3, 2020. Retrieved November 6, 2020.
  16. ^ Mercado, Neil Arwin (November 3, 2020). "ABS-CBN News' YouTube account 'terminated'; investigation underway". INQUIRER.net. Retrieved November 6, 2020.
  17. ^ "ABS-CBN Corporation Assets, Divisions, and Subsidiaries". ABS-CBN. ABS-CBN Corporation. Retrieved July 19, 2021.
  18. ^ "Filipino TV Channels | Xfinity". www.xfinity.com. Retrieved April 8, 2021.
  19. ^ "Intelsat 19: 4180 H - LyngSat". www.lyngsat.com. Retrieved April 7, 2021.
  20. ^ ABS-CBN News (June 12, 2018). "Growing family: ABS-CBN Films no longer just Star Cinema". ABS-CBN News. Retrieved April 7, 2021.
  21. ^ Dumaual, Miguel (June 17, 2020). "Reimagining within lockdown limits: Why some shows could go on, some couldn't". ABS-CBN News. Retrieved April 7, 2021.
  22. ^ "Joshua Garcia joins Charlie Dizon, Jameson Blake in TV series Viral". PEP.ph. Retrieved May 14, 2021.
  23. ^ a b "Star Magic, ibibida ang galing ng Pilipino sa mundo | ABS-CBN Corporate". ABS-CBN. Retrieved June 20, 2021.
  24. ^ ABS-CBN News (March 30, 2021). "Tarsier Records launches new acts in 'Class of 2021'". ABS-CBN News. Retrieved April 7, 2021.
  25. ^ "Over 100 Kapamilya stars to stream on Kumu starting March 15 | ABS-CBN Corporate". ABS-CBN. ABS-CBN Corporation. Retrieved April 7, 2021.

Further reading

  • John A. Lent (1971). Philippine Mass Communication Before 1811 and After 1966. Manila: Philippine Press Institute. ISBN 9780774812153
  • John A. Lent (1978). Broadcasting in Asia and the Pacific: A Continental Survey of Radio and Television. Philadelphia: Temple University. ISBN 0877220689
  • Kapisanan ng mga Brodkaster sa Pilipinas: The 1996 KBP Media Factbook. Makati: Kapisanan ng mga Brodkaster ng Pilipinas. 1996
  • Cecille Matutina (1999). Pinoy Television: The Story of ABS-CBN. Quezon City: Benpres Publishing, Inc. ISBN 9719210605
  • Raul S. De Vera (2000). Philippine Studies Vol. 48, No. 2. Manila: Ateneo de Manila University
  • Philip Kitley (2003). Television, Regulation and Civil Society in Asia. London: Routledge. ISBN 9781134431946
  • Michael Keane (2003). Television Across Asia: TV Industries, Programme Formats and Globalisation. London: Routledge. ISBN 9781134392605
  • Raul Rodrigo (2006). Kapitan: Geny Lopez and the Making of ABS-CBN. Quezon City: ABS-CBN Publishing, Inc. ISBN 9718161112
  • Jonathan Woodier (2009). The Media and Political Change in Southeast Asia: Karaoke Culture and the Evolution of Personality Politics. Cheltenham: Edward Elgar Publishing. ISBN 9781848446199
  • Horace Newcomb (2014). Encyclopedia of Television 4 Vol Set. London: Routledge. ISBN 9781135194796
  • Jinna Tay, Graeme Turner, Koichi Iwabuchi (November 30, 2014). Television Histories in Asia: Issues and Contexts. London: Routledge. ISBN 9780415855365
  • Jonathan Corpus Ong (May 15, 2015). The Poverty of Television: The Mediation of Suffering in Class-Divided Philippines. Anthem Press. ISBN 9781783084067
  • Ella G. Mangabat (October 17, 2003). "Years of service to the Filipino: The ABS-CBN story". Philippine Daily Inquirer
  • James Hookway (June 23, 2004). "Filipino Broadcaster ABS-CBN Finds Growing Audience Overseas". The Wall Street Journal
  • David Englander (October 15, 2014). "ABS-CBN: Philippine Broadcaster Sends Strong Buy Signal - Shares of the Philippines’ largest TV broadcaster can rise near 50% as the country continues its rapid growth." Barron's
  • David Englander (March 11, 2015). "ABS-CBN: Philippine Broadcaster Can Rise 25% - Philippines’ largest TV broadcaster has surged since we recommended shares last year. Stay long." Barron's
  • Mark Yu (August 26, 2016). "ABS-CBN May Be Worth Your Investment - The Philippine media broadcasting leader offers some value". GuruFocus.com
  • Media Ownership Monitor Philippines - Media Companies: A Duopoly Rules by VERA Files and Reporters Without Borders

External links

  • Official website

corporation, this, article, about, philippine, media, entertainment, conglomerate, television, channel, other, uses, disambiguation, this, article, contains, content, that, written, like, advertisement, please, help, improve, removing, promotional, content, in. This article is about the Philippine media and entertainment conglomerate For the television channel see ABS CBN For other uses see ABS CBN disambiguation This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view July 2022 Learn how and when to remove this template message This article may contain an excessive amount of intricate detail that may interest only a particular audience Please help by spinning off or relocating any relevant information and removing excessive detail that may be against Wikipedia s inclusion policy July 2022 Learn how and when to remove this template message ABS CBN Corporation is a Filipino media company based in Quezon City Metro Manila Philippines It is the largest entertainment and media conglomerate in the Philippines It is a subsidiary of Lopez Holdings Corporation which is owned by the Lopez family 4 ABS CBN was formed by the merger of Alto Broadcasting System ABS and Chronicle Broadcasting Network CBN ABS CBN CorporationThe ELJ Communications Center in Diliman Quezon City the corporate headquarters of ABS CBNFormerlyBolinao Electronics Corporation 1946 1953 1957 1967 Alto Sales Corporation 1953 1957 Chronicle Broadcasting Network Inc 1956 1957 TypePublicTraded asPSE ABSIndustryMass mediaEntertainmentFoundedJune 13 1946 76 years ago 1946 06 13 FoundersJames Lindenberg Antonio Quirino Eugenio Lopez Sr Fernando LopezHeadquartersELJ Communications Center Corporate ABS CBN Broadcasting Center Broadcasting Quezon City Metro Manila PhilippinesArea servedWorldwideKey peopleMartin Lopez Chairman 1 Augusto Almeda Lopez Vice Chairman Carlo Katigbak President and CEO Cory Vidanes COO for Broadcast Charo Santos Concio CCO ProductsBroadcastingMotion picturesTV productionCable televisionInternetStreaming serviceBroadcast syndicationRecord labelTelecommunicationsSatellite televisionFilm distributionRevenue 17 83 billion FY 2021 2 Operating income 5 23 billion FY 2021 2 Net income 5 67 billion FY 2021 2 Total assets 52 56 billion FY 2021 2 Total equity 12 09 billion FY 2021 2 OwnerLopez Holdings Corporation 56 28 3 ABS CBN Holdings Corporation 32 21 3 Public Ownership 42 80 3 Number of employees11 068 estimated 2018 900 non regular workers and 3 325 talents 2 ParentLopez Holdings CorporationDivisionsABS CBN Publishing ABS CBN Digital Media ABS CBN Entertainment ABS CBN Events ABS CBN Foundation ABS CBN International ABS CBN International Production and Co Production ABS CBN Radio ABS CBN News ABS CBN Narrowcast Dreamscape Entertainment MOR Entertainment ABS CBN Film Productions Inc ABS CBN Center for Communication Arts Inc ABS CBN Star MusicSubsidiariesList of subsidiariesWebsiteabs cbn wbr com wbr corporateABS was founded in 1946 by American electronics engineer James Lindenberg as Bolinao Electronics Corporation BEC In 1952 BEC was renamed Alto Broadcasting System ABS with its corporate name Alto Sales Corporation after Judge Antonio Quirino brother of President Elpidio Quirino purchased the company and later launched the first TV station in the country DZAQ TV on October 23 1953 The company that would later be merged with ABS to form ABS CBN was founded in 1956 as Chronicle Broadcasting Network Inc CBN by Eugenio Lopez Sr and his brother Fernando Lopez who was the sitting Vice President of the Philippines A year later the Lopezes acquired ABS The ABS CBN brand was first used on television in 1961 The company became known as ABS CBN Broadcasting Corporation on February 1 1967 The conglomerate started to adapt the ABS CBN Corporation name on May 27 2010 to reflect the company s diversification although the ABS CBN Broadcasting Corporation name is still used alternatively on some uses a The common shares of ABS CBN were first traded on the Philippine Stock Exchange in July 1992 under the ticker symbol ABS 5 The conglomerate mainly focus as a content company which includes producing television programs films and other entertainment contents and distributions 6 Contents 1 History 2 YouTube hacking incident 3 Assets and subsidiaries 4 Notes 5 References 6 Further reading 7 External linksHistorySee also History of ABS CBN The company was founded on June 13 1946 as Bolinao Electronics Corporation BEC BEC was established by James Lindenberg one of the founding fathers of Philippine television 7 an American electronics engineer who went into radio equipment assembly and radio broadcasting At that time the largest media company was Manila Broadcasting Company MBC with DZRH as the leading radio station In 1949 James Lindenberg shifted Bolinao to radio broadcasting with DZBC and masterminded the introduction of television to the country in 1953 8 In 1951 Lindenberg partnered with Antonio Quirino brother of then Philippine President Elpidio Quirino in order to try their hand at television broadcasting In 1952 BEC was renamed as Alto Broadcasting System or ABS with Alto Sales Corporation as its corporate name Alto was a contraction of Quirino s and his wife s first names Tony and Aleli Though they had little money and resources ABS was able to put up its TV tower by July 1953 and import some 300 television sets The initial test broadcasts began in September of the same year The very first full blown broadcast was on October 23 1953 of a party in Tony Quirino s humble abode The television station was known as DZAQ TV 8 On June 16 1955 Republic Act No 1343 signed by President Ramon Magsaysay granted the Manila Chronicle its broadcasting franchise leading to the formation of the Chronicle Broadcasting Network 9 10 The Chronicle Broadcasting Network CBN was founded on September 24 1956 by Eugenio Lopez Sr and the then Philippine Vice President Fernando Lopez The network initially focused only on radio broadcasting It launched its very own TV station DZXL TV 9 on April 19 or July 11 1958 8 On February 24 1957 Don Eugenio acquired ABS from Quirino and Lindenberg A month later Don Eugenio also acquired Monserrat Broadcasting System 12 In 1958 the network s new headquarters at Dewey Boulevard were inaugurated and all radio and television operations were consolidated into its two buildings the radio stations at the Chronicle Building at Aduana Street Intramuros Manila and the TV operations at the brand new Dewey Boulevard building in Pasay Rizal 8 The ABS CBN brand was first used in 1961 However it was only on February 1 1967 that the corporate name was changed to ABS CBN Broadcasting Corporation Before it was named ABS CBN Broadcasting Corporation the corporate name was Bolinao Electronics Corporation BEC YouTube hacking incidentOn November 3 2020 the YouTube channels of ABS CBN News and ANC 24 7 were terminated for several hours allegedly due to a violation of YouTube s Terms of Service It is unclear what the violation was however it was later confirmed by YouTube that the channels were targeted by hackers instead 13 Both channels were reinstated on the same day at around at 3 58 P M PHT 14 15 16 Assets and subsidiariesMain articles List of ABS CBN Corporation subsidiaries and List of real estate properties owned by ABS CBN ABS CBN Corporation owns major of media and entertainment companies in the Philippines and offers services and products such as television and radio broadcast satellite and cable broadcast syndication telecommunications publishing content production and program and film distributor television production film production new media and digital platforms talent agencies pay TV and broadband internet provider consumer sales and merchandise music label and recording and theater 17 b The group owns and operates Kapamilya Channel and ABS CBN News Channel under ABS CBN as well as the Teleradyo and MOR Entertainment digital radio networks The Kapamilya Channel in particular is the largest contributor to the group s revenue mainly from selling airtime to advertisers The remaining revenue is generated from block timing with A2Z and TV5 as well as from consumer sales mainly from ABS CBN Global Ltd and ABS CBN International which distributes international television channels such as TFC HD 18 ANC Global Cinema One Global Cine Mo Global Teleradyo Global and Myx Global 19 and also from pay TV and broadband internet provider Sky Cable Corporation Other companies which operate under the ABS CBN group are motion picture companies under ABS CBN Film Productions such as Star Cinema Cinema One Originals Cine Bro and Black Sheep Productions 20 television production companies ABS CBN Entertainment Dreamscape Entertainment Star Creatives RCD Narratives JRB Creative Production and RGE Drama Unit under RSB Scripted Format 21 22 entertainment and film production Star Magic Studio 23 under Star Magic online ticketing and streaming site KTX they also operate music recording labels under ABS CBN Music such as Star Music and its subsidiaries Tarsier Records 24 and MYX Global publishing firm ABS CBN Publishing and ABS CBN Books pay TV content provider and distributor Creative Programs telecommunications company ABS CBN Convergence which owned by the company with 68 co owned with Globe Telecom and talent agencies Star Magic its divisions such as Star Hunt Polaris and Rise Artists Studio 25 They also operate the main entertainment and production division of ABS CBN Star Creatives Group Among the pay TV networks and channels under the ABS CBN group are ANC Cinema One Cine Mo Jeepney TV Kapamilya Channel Knowledge Channel Metro Channel Myx and TeleRadyo In recent years ABS CBN has ventured and diversified in other businesses such as over the top platform iWant TFC TFC IPTV and web based channel Kapamilya Online Live Both iWant TFC and Kapamilya Online Live are under ABS CBN Digital Media a new media and digital division under ABS CBN which also handles news ABS CBN com and ABS CBN com ABS CBN is also the principal owner of the ABS CBN Philharmonic Orchestra It also owns ABS CBN Studios Inc which operates its production facilities nationwide including the ABS CBN Soundstage located in Bulacan and Regional production facilities And the newly relaunched theater arm of ABS CBN Teatro Kapamilya 23 Aside from the ABS CBN Soundstage ABS CBN also has other real estate properties for the company s operations Notes The name ABS CBN Broadcasting Corporation is still used alternatively nowadays even after the company started to adapt the ABS CBN Corporation name on May 27 2010 on some uses such as the sign on and sign off of ABS CBN until June 26 2012 at the end of credits of Maalaala Mo Kaya until late 2010s and on some news articles that are related to the network and media conglomerate ABS CBN Corporation is the Philippines largest media and entertainment conglomerate in terms of assets revenue international services revenue operating income net income assets equity market capitalization and number of employees References ABS CBN elects Gabby Lopez as chairman emeritus Mark Lopez as chairman ABS CBN News April 19 2018 Retrieved April 19 2018 a b c d e f SEC Form 17 A Report Philippine Stock Exchange May 17 2022 Retrieved December 14 2022 a b c PSE Disclosure Form POR 1 Public Ownership Report Report Philippine Stock Exchange April 22 2021 For citations about ABS CBN Corporation being the largest entertainment and media conglomerate in the Philippines Gonzales David July 17 1999 Philippines Indie VIVA Music Group International gt newsline Billboard p 65 Retrieved April 11 2018 via Google Books changes at Star a subsidiary of ABS CBN Broadcasting the country s largest media conglomerate Hamilton Paterson James 2014 America s Boy The Marcoses and the Philippines Snippet view London Faber amp Faber ISBN 9780571320196 OCLC 922406663 Retrieved April 11 2018 via Google Books In June 1972 Eugenio Lopez Sr stood at the apex of Philippine public and social life He was chairman of the country s largest media conglomerate ABSCBN and president of its leading electricity utility Meralco Ignacio Emily Noelle 2013 The Challenges of On Line Diaspora Research In Gold Steven J Nawyn Stephanie J eds Handbook of International Migration London Routledge p 549 ISBN 9781135183486 Retrieved April 11 2018 via Google Books ABS CBN the Philippines largest media conglomerate broadcasts widely in the Philippines and worldwide via satellite television Slind Flor Victoria October 14 2014 ABS CBN Awarded 10 Million in Copyright Infringement Dispute Bloomberg Technology Bloomberg Retrieved April 11 2018 Montecillo Paolo December 13 2012 ABS CBN to issue 1B voting low yield preferred shares Philippine Daily Inquirer Retrieved January 20 2013 Lopez Antonio 2000 The coming Estrada Lopez nuptials have Manila investors abuzz about love money power and profit Asiaweek Archived from the original on December 13 2012 Retrieved July 11 2012 Lucas Daxim June 23 2012 TV5 losses double to P4 1B in 2011 The Philippine Daily Inquirer Retrieved July 11 2012 ABS CBN Corporation stock data PSE EDGE portal Philippine Stock Exchange April 13 2018 Stock Data gt Listing Date Retrieved April 13 2018 ABS CBN evolves into a content company to produce content for viewers worldwide ABS CBN Corporate ABS CBN Retrieved October 30 2021 Farewell to the Father of Philippine Television ABS CBN April 30 2009 Archived from the original on November 7 2011 Retrieved May 8 2011 self published source a b c d Anastacio Ellen Joy Badiola Janine Natalie 2000 The History of Philippine Television Thesis UP CMC Broadcast Department Retrieved March 27 2012 R A No 1343 The Corpus Juris June 16 1955 Retrieved June 13 2020 Rodrigo Raul 2006 Kapitan Geny Lopez and the story of ABS CBN ABS CBN Publishing p 45 ISBN 978 971 816 111 1 Article news google com Retrieved October 14 2019 Rodrigo Raul February 28 2020 How Don Eugenio Lopez bought ABS from the Quirinos to build a broadcast giant ANC X Retrieved July 16 2022 YouTube Takes Down ABS CBN News Accounts For Nine Hours After Hack One News PH Retrieved November 4 2020 ABS CBN News YouTube channel down account terminated Rappler November 3 2020 Retrieved November 6 2020 Hackers attack ABS CBN News YouTube channels Rappler November 3 2020 Retrieved November 6 2020 Mercado Neil Arwin November 3 2020 ABS CBN News YouTube account terminated investigation underway INQUIRER net Retrieved November 6 2020 ABS CBN Corporation Assets Divisions and Subsidiaries ABS CBN ABS CBN Corporation Retrieved July 19 2021 Filipino TV Channels Xfinity www xfinity com Retrieved April 8 2021 Intelsat 19 4180 H LyngSat www lyngsat com Retrieved April 7 2021 ABS CBN News June 12 2018 Growing family ABS CBN Films no longer just Star Cinema ABS CBN News Retrieved April 7 2021 Dumaual Miguel June 17 2020 Reimagining within lockdown limits Why some shows could go on some couldn t ABS CBN News Retrieved April 7 2021 Joshua Garcia joins Charlie Dizon Jameson Blake in TV series Viral PEP ph Retrieved May 14 2021 a b Star Magic ibibida ang galing ng Pilipino sa mundo ABS CBN Corporate ABS CBN Retrieved June 20 2021 ABS CBN News March 30 2021 Tarsier Records launches new acts in Class of 2021 ABS CBN News Retrieved April 7 2021 Over 100 Kapamilya stars to stream on Kumu starting March 15 ABS CBN Corporate ABS CBN ABS CBN Corporation Retrieved April 7 2021 Further readingJohn A Lent 1971 Philippine Mass Communication Before 1811 and After 1966 Manila Philippine Press Institute ISBN 9780774812153 John A Lent 1978 Broadcasting in Asia and the Pacific A Continental Survey of Radio and Television Philadelphia Temple University ISBN 0877220689 Kapisanan ng mga Brodkaster sa Pilipinas The 1996 KBP Media Factbook Makati Kapisanan ng mga Brodkaster ng Pilipinas 1996 Cecille Matutina 1999 Pinoy Television The Story of ABS CBN Quezon City Benpres Publishing Inc ISBN 9719210605 Raul S De Vera 2000 Philippine Studies Vol 48 No 2 Manila Ateneo de Manila University Philip Kitley 2003 Television Regulation and Civil Society in Asia London Routledge ISBN 9781134431946 Michael Keane 2003 Television Across Asia TV Industries Programme Formats and Globalisation London Routledge ISBN 9781134392605 Raul Rodrigo 2006 Kapitan Geny Lopez and the Making of ABS CBN Quezon City ABS CBN Publishing Inc ISBN 9718161112 Jonathan Woodier 2009 The Media and Political Change in Southeast Asia Karaoke Culture and the Evolution of Personality Politics Cheltenham Edward Elgar Publishing ISBN 9781848446199 Horace Newcomb 2014 Encyclopedia of Television 4 Vol Set London Routledge ISBN 9781135194796 Jinna Tay Graeme Turner Koichi Iwabuchi November 30 2014 Television Histories in Asia Issues and Contexts London Routledge ISBN 9780415855365 Jonathan Corpus Ong May 15 2015 The Poverty of Television The Mediation of Suffering in Class Divided Philippines Anthem Press ISBN 9781783084067 Ella G Mangabat October 17 2003 Years of service to the Filipino The ABS CBN story Philippine Daily Inquirer James Hookway June 23 2004 Filipino Broadcaster ABS CBN Finds Growing Audience Overseas The Wall Street Journal David Englander October 15 2014 ABS CBN Philippine Broadcaster Sends Strong Buy Signal Shares of the Philippines largest TV broadcaster can rise near 50 as the country continues its rapid growth Barron s David Englander March 11 2015 ABS CBN Philippine Broadcaster Can Rise 25 Philippines largest TV broadcaster has surged since we recommended shares last year Stay long Barron s Mark Yu August 26 2016 ABS CBN May Be Worth Your Investment The Philippine media broadcasting leader offers some value GuruFocus com Media Ownership Monitor Philippines Media Companies A Duopoly Rules by VERA Files and Reporters Without BordersExternal links Wikimedia Commons has media related to ABS CBN Corporation Official website Retrieved from https en wikipedia org w index php title ABS CBN Corporation amp oldid 1127951327, wikipedia, wiki, book, books, library,

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