ABS-CBN starts subscription-based streaming service for global viewers

ABS-CBN CORP. launched on Thursday a subscription-based streaming service for its global viewers.

iWantTFC will provide entertainment, news, and information to Filipinos “wherever they are in the world,” ABS-CBN said in an e-mailed statement.

The media company said iWantTFC is available on  iwanttfc.com and on iOS and Android apps.

“It allows users to choose from different subscription options with different levels of access to content and new platform features to suit their needs,” ABS-CBN added.

The platform’s features include offline viewing of select movies and series.

The company said the new platform also offers an “enhanced viewing experience” on bigger screens through select TV brands.

“Premium subscription costs P119 monthly and gives users ad-free access to its entire catalogue and all platform features, while standard subscription can be availed at P59 and allows users to watch ad-supported content. However, monthly subscription prices for iWantTFC users outside of the Philippines vary across territories,” ABS-CBN added.

The media company has reported a net loss of P3.33 billion for the third quarter compared with the attributable net income of P813.03 million it posted in the same period last year.

Its third-quarter revenues dropped 66.9% to P3.72 billion.

ABS-CBN shares on Monday closed 0.35% lower at P11.32 apiece. — Arjay L. Balinbin