Wednesday, December 31, 2025
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Tag: ABS-CBN Corp

GMA Network books 161% profit growth; ABS-CBN incurs net loss

GMA Network Inc. on Tuesday reported a 161-percent increase in profit in the first six months, while rival ABS-CBN Corp continued to incur a...

Banks approve standstill loan pact with ABS-CBN

ABS-CBN Corp. said Thursday its lenders approved a standstill agreement effective May 31 this year that will prevent a loan default or legal remedies. A...

Gov’t threat to take over businesses scares away investors — expert

The government's threat to close down and take over private companies, in the guise of responding to the coronavirus pandemic, would drive away investors...

ABS-CBN to start laying off workers by August 31

ABS-CBN Corp. announced Wednesday that it will lay off workers by August 31 after its failure to renew its congressional franchise to run a...

ABS-CBN still broadcast partner of UAAP Season 83

The University Athletic Association of the Philippines will still lean on ABS-CBN Corp. as its broadcast partner for Season 83. Edwin Reyes, board representative of...

ABS-CBN to close O Shopping Channel

ACJ O Shopping Corp., a joint venture of ABS-CBN Corp. and South Korea’s CJ ENM, said it will cease operations by the end of...

ABS-CBN pleads House for fairness

The National Telecommunications Commission on Monday threatened to halt the airing of programs of ABS-CBN Corp. on Channel 43 of AMCARA Broadcasting Network and...

GMA Network rolls out digital box

GMA Network Inc. rolled out cheaper digital television device to solidify its leadership.  GMA chairman and chief executive Felipe Gozon said digital terrestrial television receiver...

ABS-CBN increases profit 53% to P2.26B

ABS-CBN Corp. on Wednesday said net income rose 53 percent in the first nine months of the year on higher advertising revenues.  The media and...

ABS-CBN, GMA claim higher ratings

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GMA-7 claims lead in nationwide ratings

GMA Network Inc. kept its strong nationwide ratings in April compared with those of rival ABS-CBN Corp. based on the latest data from Nielsen...

ABS-CBN’s telecom unit contains losses

ABS-CBN Corp. said it was able to control the losses of its mobile unit last year, but it has no decision yet on the...

ABS-CBN posts 10% income drop

ABS-CBN Corp. said net income fell 10.3 percent in 2017 from a year ago because of the absence of election-related advertisements last year. The Lopez-led...

ABS-CBN expanding broadband business

The cable unit of ABS-CBN Corp. is optimistic about its broadband business amid the growing demand from its subscribers.  “If you actually look at the...
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