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ABS-CBN profit down 22.9%

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ABS-CBN Corp., one of the country’s biggest broadcasting company, reported a drop in profit in the first six months of the year due to the lack of election-related spending seen during the same period in 2013.

Posted: August 14th, 2014 in Headlines | Read More »

GMA 7, ABS-CBN claim leadership in surveys

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Television broadcast firm GMA Network said it held on to its traditional lead in Urban Luzon and Mega Manila last month while main rival ABS-CBN Corp. dominated TV ratings nationwide, separate statements on Wednesday showed.

Posted: July 3rd, 2014 in Headlines | Read More »

ABS-CBN sees 3.4% rise in revenues

ABS-CBN Corp., the media holding company of the Lopez family, posted a 7-percent profit increase in the first quarter as stronger consumer sales from Skycable, movies and global subscriptions helped offset a decline in advertising revenues.

Posted: May 16th, 2014 in Headlines | Read More »

ABS-CBN moves to lessen reliance on ad revenues

By
Eugenio Lopez III

ABS-CBN Corp. is expecting dramatic changes to its revenue mix as it shifts away from traditional advertising to consumer sales from cable television, mobile and movies to help escape the “boom and bust cycle” TV firms face between election years, which are marked by increased ad spending.

Posted: May 15th, 2014 in Latest Business Stories | Read More »

Lopez nets P1.94B in 2013

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lopez-holdings

Lopez Holdings posted a 55-percent decline in 2013 net income attributable to equity holders of parent firm to P1.94 billion in the absence of one-time gains that boosted earnings in the previous year.

Posted: April 30th, 2014 in Latest Business Stories | Read More »

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