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Media giants ABS-CBN, GMA report mixed results

LISTED television networks reported mixed financial conditions in the second quarter, as ABS-CBN Corp.’s profit soared 75% while earnings of GMA Network, Inc. fell 22%.

ABS-CBN to provide video content for LRT, MRT trains

ABS-CBN Corp. will soon air some of its news updates and short entertainment clips on video screens inside trains at the Metro Rail Transit Line 3 (MRT-3), Light Rail Transit Line 1 (LRT-1) and Line 2 (LRT-2).

ABS-CBN keeps nationwide ratings lead in July

ABS-CBN Corp. maintained nationwide ratings lead in the month of July as rival GMA Network, Inc. claimed dominance in Urban Luzon and Mega Manila, citing different measurement reports.

Solon files bill seeking to renew ABS-CBN franchise

A CONGRESSWOMAN has refiled a bill seeking to renew the franchise of media giant ABS-CBN Corp., which is set to expire by end-March 2020.

Climate change concert set for next weekend

ABS-CBN’s music portal, One Music, is set to organize a musical event which “aims to raise awareness on climate change” on July 27 at the La Mesa Ecopark in Quezon City. The concert will feature singers Maris Racal, Sam Mangubat, and AC Bonifacio.

ABS-CBN dominates nationwide TV ratings — Kantar Media

ABS-CBN Corp. reported leading nationwide television ratings in June with an average audience share of 44% during the period, besting its rival GMA Network, Inc.

ABS-CBN to redeem P6B in bonds early

ABS-CBN Corp. is exercising the option for the early redemption of its P6-billion bond issuance due in February 2021.

Human Rights Commission concerned over non-renewal of ABS-CBN franchise

THE Commission on Human Rights (CHR) expressed concern over lawmakers’ freezing of ABS-CBN franchise bill, saying that it “could signal a bleaker state of press freedom in the country.”

Coming soon: ABS-CBN movies to air in China

ABS-CBN Corp. said its locally produced movies will soon hit TV screens in China, as it inked a deal with a Chinese media company to allow the airing of its content in the country.

Lopez-led ABS-CBN goes into theater production

ABS-CBN Corp. is stepping into the theater scene with a recently signed partnership with Ten Bridges Media Corp., one of the companies behind Atlantis Theatrical Entertainment Group.

ABS-CBN hits gold with afternoon drama

ABS-CBN’s afternoon drama Kadenang Ginto, about the conflicts within the affluent Mondragon family, continues to amass a loyal following. The network announced that its daily highlights videos uploaded on the network’s YouTube channel has exceeded 800 million total views while its page on the network’s streaming service records more than 1.5 million views daily.

Political ads boost ABS-CBN Q1 bottom line

EARNINGS of ABS-CBN Corp. soared 89% in the first quarter, as revenues got a boost from political ad placements.

ABS-CBN shifts focus to digital, broadband

MEDIA GIANT ABS-CBN Corp. said it will invest more to boost its digital business this year as the segment showed the fastest growth in 2018.

ABS-CBN net income falls 40%

ABS-CBN Corp. reported its net income slumped 39.7% to P1.91 billion last year, as revenues from advertisers slipped and production costs increased.

ABS-CBN inks deal with Turkish production firm

ABS-CBN Corp. is making its foray into Turkey, after it signed a deal with a Turkish content production company for the adaptation of its crime drama Hanggang Saan.

TV networks both claim ratings lead in March

MEDIA giants ABS-CBN Corp. and GMA Network, Inc. both continued to claim dominance in television ratings in March, citing different measurement providers.

ABS-CBN signs format deal with Indonesian firm for noontime show

ABS-CBN Corp. said it sold the franchise for the format of its flagship noontime show “It’s Showtime” to an Indonesian media firm.

ABS-CBN says sales of TVplus units reach 7M

ABS-CBN CORP. said the sales of its digital terrestrial television (DTT) units reached 7 million in February, four years after it was launched.

ABS-CBN, GMA Network still locked in television ratings dispute in January

ABS-CBN Corp. and GMA Network, Inc. continued to tussle over television ratings in January, with both media giants claiming the lead but citing different measurement providers.

ABS-CBN says iWant subscribers hit 11 million

ABS-CBN Corp. said its newly rebranded streaming platform iWant (formerly iWant TV) now has 11.3 million subscribers.

ABS-CBN, GMA claim top ratings in 2018

RIVAL networks ABS-CBN Corp. and GMA Network, Inc. both claimed the top spot in television ratings in 2018, using different audience measurement reports.

ABS-CBN sound stages finally open in Bulacan

ABS-CBN Corp. on Wednesday inaugurated two sound stages in San Jose del Monte City, Bulacan, which the multimedia giant says will help reduce production costs of its television shows and movies.

ABS-CBN, GMA Network 3rd quarter earnings decline on lower ad revenues

MEDIA companies ABS-CBN Corp. and GMA Network, Inc. reported lower earnings in third quarter, due to a slump in advertising revenues.

ABS-CBN, GMA continue fight for TV ratings

ABS-CBN Corp. and GMA Network, Inc. tussled over nationwide TV ratings as both claimed dominance in October, using data from different audience measurement providers.

ABS-CBN forges deal with JKN Global

ABS-CBN Corp. said it signed a deal with Thai content provider JKN Global Media Public Co. Ltd., which will broadcast more Filipino shows in Thailand and Laos.

ABS-CBNmobile to shut by end-Nov.

ABS-CBN Corp. is shuttering its mobile services brand next month, saying its business model was “financially unsustainable.”

ABS-CBN launches indoor theme park

ABS-CBN Corp. is expanding its portfolio with the introduction of a new indoor theme park that banks on its line of business as a media company.

ABS-CBN turns audition gems into a reality show

STAR HUNT, a reality show focused on the stories of people who audition for various ABS-CBN shows, started airing in August as a way to “start pushing for [Filipino] talents to attain global prominence,” said Laurenti Dyogi, its director.

Ratings war: ABS-CBN, GMA both claim lead in August

THE ratings war continued in August as rivals ABS-CBN Corp. and GMA Network, Inc. both claimed the lead in nationwide ratings, citing different audience measurement providers.

ABS-CBN tempts viewers with free trials of new TVPlus channels

ABS-CBN TVPlus has announced the introduction of five new channels into its line-up including an all-new Asianovela channel which will feature Asian TV series.

ABS-CBN income slumps in Q2

ABS-CBN Corp. reported a 61% drop in net income attributable to equity holders of the parent company during the second quarter, dragged by higher production costs.

ABS-CBN, GMA clash over TV ratings in July

ABS-CBN Corp. and GMA Network, Inc. both claimed to lead in TV ratings in July, citing different audience management providers.

ABS-CBNmobile ends Globe network sharing

ABS-CBN Corp. has severed network sharing ties with Globe Telecom, Inc. for its ABS-CBNmobile brand after its five-year agreement expired.

ABS-CBN ends network-sharing deal with Globe, cites ‘financially unsustainable’ mobile business

ABS-CBN Corp. announced it will no longer renew its network-sharing deal with Globe Telecom, Inc. to deliver content through its ABS-CBNmobile brand after its...

ABS-CBN, GMA both claim ratings lead in June

ABS-CBN Corp. and GMA Network, Inc. both claimed to dominate nationwide ratings during the month of June, citing data from two different TV ratings data providers.

ABS-CBN, GMA claim ratings lead in May

RIVAL NETWORKS ABS-CBN Corp. and GMA Network, Inc. both claimed nationwide ratings leads for the month of May.

Half of Manila homes use DTT device — surveys

MORE than half of homes in Metro Manila are watching television via digital terrestrial television (DTT), ABS-CBN Corp. said, citing surveys conducted by Social...

ABS-CBN earnings up despite lower ads

ABS-CBN Corp. reported an increase of 7% in attributable net income to P452.53 million for the first quarter, despite a drop in advertising revenues. In...

ABS-CBN, GMA claim TV ratings lead in April

ABS-CBN Corp. and GMA Network, Inc. both claimed lead nationwide ratings for April. In a statement, Lopez-led ABS-CBN cited data provided by Kantar Media showing...

ABS-CBN shutters global remittance business

ABS-CBN Corp. on Monday said it is shutting down its remittance businesses in the United States, Canada and United Kingdom, amid “significant losses.” In a...

Gabby Lopez retires as ABS chair, selects cousin Mark as successor

ABS-CBN Corp. Chairman Eugenio “Gabby” L. Lopez III has stepped down from his position, making way for Martin “Mark” L. Lopez, who served as...

Gabby Lopez steps down as ABS-CBN chairman

ABS-CBN Corp. chairman Eugenio "Gabby" L. Lopez III has stepped down from his position, making way for Martin "Mark" Lopez, who served as the...

ABS-CBN targets 6 million TVplus boxes sold by 2018

By Arra B. Francia, Reporter ABS-CBN Corp. looks to end 2018 with at least six million TVplus boxes sold, in a bid to expand coverage...

ABS-CBN targets six million TVplus boxes sold this year

ABS-CBN Corp. looks to sell at least six million TVplus boxes by the end of this year, in a bid to expand coverage among...

ABS-CBN makes more than expected in 2017, but less than 2016’s...

ABS-CBN Corp. said it was able to exceed its 2017 target, but took in less than it did in 2016’s haul which was attributed...