ABS-CBN Corporation - updates

Rappler's latest stories on ABS-CBN Corporation


Reporters Without Borders calls on Congress to renew ABS-CBN franchise

Jan 31, 2020 - 7:25 PM

RSF urges House committee on legislative franchises chair Franz Alvarez to 'resist the pressure from the President’s office' and put the franchise's renewal on the Congress' agenda

House panel chair to ABS-CBN: Franchise renewal ‘not a right, but a privilege’

Jan 02, 2020 - 11:03 AM

Palawan 1st District Representative Franz Alvarez once again says his committee will tackle the bills renewing ABS-CBN's franchise, which will expire in March

'For democracy': De Lima urges lawmakers to renew ABS-CBN franchise

Dec 07, 2019 - 2:15 PM

'Hindi lang ito tungkol sa pagpapatigil sa operasyon ng ABS-CBN. Tungkol ito sa pagpigil sa malayang pamamahayag, pagsiil sa ating mga karapatan, at pagkitil sa ating demokrasya,' says detained Senator Leila de Lima

CALL TO COLLEAGUES. Senator Leila De Lima is seen after she attend the hearing at Muntinlupa Regional Trial Court in Muntinlupa City in 9 August 2019.  Photo by Lito Borras/Rappler

ABS-CBN stocks fall after Duterte’s threats of not renewing franchise

Dec 04, 2019 - 6:02 PM

While the non-renewal of the franchise will hit ABS-CBN hard, a business expert says the company is likely to survive due to its diversified revenue stream

House won't tackle ABS-CBN franchise renewal bill in 2019 anymore

Dec 04, 2019 - 1:15 PM

(UPDATED) 'We have more than enough time...to tackle it in January, February, dahil March pa naman 'yung expiration ng [ABS-CBN] franchise,' says House Speaker Alan Peter Cayetano

Cayetano has 'personal complaint' over ABS-CBN franchise renewal

Nov 04, 2019 - 2:40 PM

But Speaker Alan Peter Cayetano vows there will be 'due process' when the House tackles the bill seeking to renew ABS-CBN's franchise

Cayetano: House to tackle ABS-CBN franchise before end-2019

Oct 29, 2019 - 8:31 PM

At least 5 bills in the House of Representatives seek to renew ABS-CBN's franchise for another 25 years

Bill renewing ABS-CBN franchise refiled in House

Jul 24, 2019 - 4:35 PM

ABS-CBN's current franchise is set to expire on March 30, 2020, making the 18th Congress its last hope for renewal

FRANCHISE RENEWAL BLUES. The franchise of ABS-CBN expires in 2020, within the term of President Rodrigo Duterte who has vowed to block its renewal. Photo of ABS-CBN building from Wikipedia

Gabby Lopez elected ABS-CBN chairman emeritus

Apr 19, 2018 - 11:25 AM

Eugenio 'Gabby' Lopez III is succeeded as chairman by Martin 'Mark' Lopez

Lopez Holdings net income drops 36% in 2017

Apr 17, 2018 - 7:25 PM

The net income of the Lopez family's holding firm drops to P4.225 billion from P6.557 billion, as earnings of both First Philippine Holdings and ABS-CBN slow in the absence of one-off gains

SEC: No review of ABS-CBN, GMA PDRs after Rappler

Jan 19, 2018 - 4:08 PM

After the SEC decided to revoke Rappler's license due to a 'repugnant' provision in its Philippine Depositary Receipts with Omidyar, many speculated that the regulator will go after the two broadcast giants next

ABS-CBN net income down 20% to P2.26 billion in 1st 9 months

Nov 10, 2017 - 6:55 PM

But the media conglomerate's net income for the 3rd quarter of the year stands at P1.01 billion, up 38% from the same quarter last year

ABS-CBN brings more shows to Africa

Oct 30, 2017 - 12:10 AM

Under a deal with StarTimes, more ABS-CBN content will be aired in response to African viewers' demand for Filipino dramas

WATCH: Charo Santos' advice for millennials struggling with career lows

Sep 19, 2017 - 7:33 PM

'I stopped pointing fingers at anyone, and just looked at myself and grappled with my own demons,' says Charo, on how she overcame ABS-CBN's 2004 ratings drop

Top 10 companies 'Filipinos want to work for' in 2017

Aug 30, 2017 - 3:40 PM

Jobstreet asks 3 658 Filipinos which company they want to work for Here are the top 10

TOP EMPLOYER. In the latest Jobstreet.com survey, Meralco ranks best in job security, in work-life balance, and in benefits. Rappler graphic by Emil Mercado

Absence of political ads drags down ABS-CBN income in 1st half

Aug 11, 2017 - 5:04 PM

Although it would be very challenging ABS CBN remains hopeful that it will hit its profit guidance of P3 billion for 2017

FAST FACTS: What you should know about ABS-CBN

Jul 05, 2017 - 4:55 PM

Get to know the Philippines largest media outfit and the crown jewel of the Lopez business empire

Duterte tirade 'part and parcel’ of media work – Gabby Lopez

Apr 06, 2017 - 2:38 PM

UPDATED The ABS CBN chairman downplays concerns that the current spat with the Philippine leader will complicate the company s looming franchise renewal

ABS-CBN Corporation holds its annual stockholders' meeting, Tuesday, April 6, 2017. Photo by Martin San Diego/Rappler

ABS-CBN hits 2016 target income, fueled by election spending

Mar 20, 2017 - 6:10 PM

The media giant s election related spending for 2016 amounted to P2 8 billion versus P2 4 billion in 2010

HIGHER AD REVENUE. ABS-CBN Chief Financial Officer Aldrin Cerrado (extreme left) says the company saw a 9% growth in revenue, which closed at P41.6 billion in 2016. While its cost and expenses were up only 6% last year. Photo by Chrisee Dela Paz/Rappler

ABS-CBN files over $8M lawsuit vs website for piracy

Feb 17, 2017 - 1:49 PM

The listed media company says it plans to quadruple its anti piracy efforts this year after it sued numerous pirates in 2016

STEP UP. The Lopez-led broadcast giant says it will step up its anti-piracy enforcement in 2017. Rappler file photo

ABS-CBN's net income jumps 50% on strong ad revenues

Oct 28, 2016 - 5:28 PM

Boosted by election spending ABS CBN’s net income for the January September 2016 period increases to P2 85 billion from P1 89 billion in the same period a year ago

ADS GROWTH. ABS-CBN sees an increase in airtime placements from regular advertisers and from candidates in the May elections.

ABS-CBN income rises by 76% on higher ads

Aug 11, 2016 - 2:00 PM

The listed media and entertainment firm s net income shoots up by 76 to P2 1 billion during the first 6 months of the year

THANKS, ELECTIONS. ABS-CBN sees an increase in airtime placements from regular advertisers and from candidates running for office in the May elections.

Top 10 companies 'Filipinos want to work for' in 2016

Jul 27, 2016 - 4:55 PM

Jobstreet asks over 14 000 Filipinos which company they want to work for Here are the top 10

PROFITABILITY. Jobstreet notes that a company's profitability is one of the top factors when choosing an employer. In the photo is SMC President and COO Ramon Ang (front row, 2nd from left, seated). Photo by Chrisee Dela Paz/Rappler

CA junks ABS-CBN appeal vs Benedicto estate

Jul 18, 2016 - 5:30 PM

The Court of Appeals says there is no reason to declare RPN 9 s occupancy of ABS CBN s facilities during the martial law era as fraudulent

ABS-CBN unit, Western Union form strategic alliance

May 24, 2016 - 4:58 PM

The ABS CBN Global Group and Western Union sign an MOU for a 3 month promotion that gives the latter s clients complimentary access to an archive of TV programs of The Filipino Channel

STRATEGIC ALLIANCE. The offer is open to all consumers in participating countries who send money to the Philippines through Western Union or Vigo

Higher ad revenues lift ABS-CBN's net income

May 12, 2016 - 3:00 PM

Its January March net income increases by 34 compared to the same period last year

THANKS, ELECTIONS. ABS-CBN sees an increase in airtime placements from regular advertisers and from candidates running for office in the May elections

As election nears, ABS-CBN net income surges in 2015

Mar 21, 2016 - 8:40 AM

A new advertisement pricing scheme implemented in May 2015 helped boost the broadcast giant s net income

POSITIVE. ABS-CBN  expects 2016 to be a good year on the back of election-related advertisements

ABS-CBN names Cory Vidanes as new COO

Jan 29, 2016 - 10:47 AM

Broadcast giant ABS CBN Corporation continues major changes in management

NEW COO. Cory Vidanes will assume the role starting February 1, 2016. Photo by ABS-CBN Corporate Communications

ABS-CBN names new president and CEO

Dec 18, 2015 - 11:06 AM

UPDATED Carlo L Katigbak will assume the role starting January 1 2016 while Charo Santos Concio will retire effective December 31 this year

NEW PRESIDENT AND CEO. Carlo L. Katigbak will assume the leadership roles in ABS-CBN Corporation effective January 1, 2016. Photo from Eric John Salut's Facebook account

#AlDub intensifies network wars, boosts brands' sales

Oct 07, 2015 - 11:36 AM

Alden Richards and Maine Mendoza s budding romance on screen has posted through the roof ratings for 36 year old show Eat Bulaga and has been a boon for McDonald s Philippines and TNT

SPREADS MAGIC. From food to mobile phone endorsements, almost every company is gunning for the nationwide favorite #AlDub

GMA: ABS-CBN TVPlus complaints not related to Eat Bulaga signal loss

Oct 02, 2015 - 1:03 PM

GMA Network is hopeful that public attention is not diverted from the alleged signal disruptions on SkyCable during the airing of Eat Bulaga which carries the popular AlDub segment

THIRD COMPLAINT. Meanwhile, GMA files with the NTC its third batch of complaints regarding alleged signal loss during or before the airing of noontime show Eat Bulaga, which carries the popular #AlDub segment.

ABS-CBN to NTC: Require GMA to explain own digital TV signal loss

Sep 29, 2015 - 5:12 PM

This is in response to 5 complaints filed against ABS CBN for allegedly disrupting the reception of GMA’s highly rated noontime show Eat Bulaga

FIRES BACK. ABS-CBN says Eat Bulaga signal disruption complaints of GMA "has nothing to do with the signal loss"

GMA files 2nd complaint vs SkyCable on Eat Bulaga signal loss

Sep 22, 2015 - 3:55 PM

UPDATED The ABS CBN pay TV subsidiary meanwhile takes strong exception to GMA s claim that signal interruption is confined only to the network

2ND COMPLAINT. GMA Network says the seeming similarity in the reports indicate that they are not isolated cases

GMA to SkyCable: Refute Eat Bulaga signal loss complaint

Aug 29, 2015 - 12:36 PM

GMA Network says its complaint is based on numerous feedback from viewers of noontime show Eat Bulaga which runs the popular AlDub segment

'PROVE US WRONG'. Instead of calling the complaint baseless, GMA Network wants SkyCable to prove that it has not shortchanged its subscribers

GMA complaint on Eat Bulaga signal loss 'malicious, baseless' – SkyCable

Aug 28, 2015 - 11:44 AM

ABS CBN’s SkyCable says it is willing to cooperate with NTC over GMA Network s complaint regarding Eat Bulaga which runs the popular AlDub segment

"MALICIOUS". SkyCable says complaint of GMA Network with the NTC regarding shortchanging subscribers "is a malicious accusation and is without basis"

Digital TV service boosts ABS-CBN's income

Aug 12, 2015 - 7:39 PM

Its first half net income is 20 4 higher than the same period last year

OPTIMISTIC OUTLOOK. ABS-CBN says its first-half financial performance is well within its expectations.

ABS-CBN waits for mayor's notification on filming 'Forevermore' in Benguet

May 14, 2015 - 3:18 PM

This after a Writ of Kalikasan was issued by the Court of Appeals ordering the mayor of Tuba to stop issuing permits due to a discovery of an illegal road excavation in the area

PH companies win big in Spark Awards

Aug 31, 2014 - 9:31 PM

Philippine companies bag awards in this year s Spark Awards celebrates best practices in media solutions products and services

ABS-CBN earnings fall on lack of election spending

Aug 13, 2014 - 2:01 PM

Taking out last year’s non recurring election related revenues from the computation the media conglomerate’s net income would have jumped 44

The Eugenio Lopez Jr Communication Center in ABS-CBN. Image courtesy of wikipedia.com

ABS-CBN reports 7%-hike in Q1 net earnings

May 15, 2014 - 3:26 PM

The multimedia giant says its strong first quarter performance is due to its film business global distribution and pay TV networks


Gabby Lopez retires; Charo Santos is new CEO of ABS-CBN

Dec 11, 2012 - 10:14 AM

ABS CBN Board appoints Ma Rosario Santos Concio CEO of the TV giant on Tuesday December 11

Charo Santos-Concio. Photo courtesy of ABS-CBN.

ABS-CBN 9-mo earnings fall on lack of one-time gain

Nov 15, 2012 - 3:27 PM

The media company s net income falls 31 in January to September 2012 to P1 55 billion from P2 24 billion last year

Lopez Holdings aims to be debt-free by end-2012

Jun 01, 2012 - 7:31 PM

After reaching a high of 560 million in unstructured debt in 2002 the Lopez family s holding company hopes to be debt free by yearend

MESSAGE TO STOCKHOLDERS. For the 2nd year in a row stockholders in Lopez Holdings Corporation received a dividend with the company well on its way to managing it debt.