ABS-CBN Corp. said it signed new contracts with media companies in Vietnam and Myanmar to bring its drama content to more viewers outside the Philippines.
In a statement on Sunday, the listed company said it forged deals with media group Viet Content from Vietnam and S&E Syndication Co. Ltd. from Myanmar to expand the audience of its shows.
“More shows from ABS-CBN, the leading media and entertainment company in the Philippines, will be made available to other Southeast Asian countries as it signs distribution deals with companies in Vietnam and Myanmar,” it said.
ABS-CBN’s “Magpahanggang Wakas” (I’ll Never Say Goodbye) will be aired in Vietnam, while “Asintado” and “The Better Half” are coming to Myanmar.
Last week, the media giant also announced a new deal with JKN Global Media Public Co. Ltd.
ABS-CBN saw a 41% drop in its net attributable income to P849.88 million during the first half, dragged by higher production costs in the second quarter. — Denise A. Valdez
