Film producer Lily Yu Monteverde, popularly known as Mother Lily, passed away early Sunday morning, Aug. 4. She was 85.

Mother Lily's demise came six days after her husband, Remy Monteverde, passed away on July 29. He was 86.

She is survived by her children Winston, Meme, Roselle, Dondon and Goldwin; in-laws Stephen and Grace and granddaughter-in-law Winni; grandchildren Keith, Theo, Bridget, Matthew, Redwin, Jewel and Kristen; and great-grandchild Mikayla.

Mother Lily's death was confirmed by her family in an official statement released on Sunday, Aug. 4. The. cause of her death was not revealed.

The wake and memorial service for her will be held at 38 Valencia Events Place in Quezon City beignning Aug. 5, 3:30 p.m. to 12 midnight; and Aug. 6-Aug. 9, 10 a..m. to 12 midnight.

The daily novena will be held at 5:30 p.m. and mass at 7 p.m.

Regal Entertainment's Mother Lily, a beloved showbiz figure, pioneered a significant era in the entertainment industry, producing blockbuster movies in the 70s and 80s.

Mother Lily, CEO and President of Regal Entertainment, was reponsible for the popularity of many stars known as Regal Babies including Maricel Soriano, Snooky Serna, Dina Bonnevie, Gabby Concepcion, William Martinez, Albert Martinez, 

In 2022, during an interview for pep.ph, Mother Lily said she wished to live up to 100 years old.

Then in 2000, she received the Lifetime Achievement Award from Cinemanila International Film Festival. 

Mother Lily also received the Fernando Poe Jr. Lifetime Achievement Award in the 37th Luna Awards in 2019.

In 2021, Regal Entertainment ventured into television when it partnered with GMA Network.

“Regal Entertainment has always kept a cordial and happy relationship with GMA-7. Not only as a business partner but as a friend. Through so many years of our film production, GMA has always been an ally, the supporter of our endeavors. 

"That is why it is only fitting that in these more crucial and critical times, we remain together. We are strong together in providing the kind of entertainment that our audiences need. 

"Thank you for giving us this opportunity, to affirm our friendship and alliance. Thank you for believing in Regal Entertainment in reaching out to our Filipino audience to share the wealth of our years of film production. 

"Thank you for giving the next generation the bigger chance to see Regal and GMA go together through this extraordinary period and
on to their post pandemic times. Maraming salamat po.”