The country’s two largest television networks booked better-than-expected first-quarter earnings due to the spate of political advertisements, company officials said Wednesday.
ABS-CBN Corp., the listed television broadcast arm of the Lopez group, said infrastructure investments and testing activities were ongoing ahead of the mandated transition into so-called digital terrestrial TV and cable TV, a statement issued Friday showed.
ABS-CBN Corp., the listed television broadcast arm of the Lopez Group, has tapped a new partner to offer additional channels aimed at Filipinos based in the Middle East.
ABS-CBN Corp., the listed broadcast arm of the Lopez group, may raise fresh funds through the sale of debt notes or equity, or a combination of the two, this year to partly fund a government-mandated shift to digital television and support new business lines.
ABS-CBN Corp. on Wednesday announced its dominance in nationwide television ratings last March, claiming it maintained its lead over rivals in urban and rural areas across the country.
Is the group of tycoon Manuel V. Pangilinan—through the former’s broadcasting arm, TV5—out to settle an old score with the Lopez family? Some people in the latter seem to think so.
ABS-CBN Corp., led by the Lopezes, remains confident of earning a windfall from campaign ad placements in 2013, despite the possible negative effects of a Commission on Elections (Comelec) ruling that limits the airtime for politicians.
Broadcasting giant GMA Network (GMA 7) has kept its lead on television ratings over rivals for January based on the latest Nielsen TV survey.
The country’s top television firms continued to butt heads in the nationwide ratings race ahead of the 2013 mid-term polls, which is seen to result in a windfall for the broadcast industry given the expected surge in political ad spending.
The country’s biggest media conglomerate, ABS-CBN Corp., is selling one billion low-yield, voting preferred shares to raise as much as P200 million from existing shareholders.
As soon as businessman Manuel V. Pangilinan saw that a prospective P52.5-billion deal to take over the “Kapuso” network GMA 7 was crumbling, MVP saw it as God’s sign that he should instead focus on getting his “Kapatid” network TV 5 in good shape, BizBuzz sources said. But how can he plug the P4-billion financial hemorrhage of a challenger to a duopoly?
The country’s two largest broadcast firms—ABS-CBN Broadcasting Corp. and GMA Network Inc.—both claimed the lead in national television ratings on Tuesday, using their respective preferred third-party assessors to buttress their positions.
