Lopez Holdings Corp. reported a 57 percent jump in attributable net income to ₱5.34 billion in the first half of 2025 from the ₱3.41 billion earned in the same period last year on lower costs of First Philippine Holdings Corp. and lower losses of ABS-CBN Corp. In a disclosure to the Philippine...
First Lady Liza Araneta-Marcos has met with GMA and ABS-CBN executives for "something special" for the country 's entertainment landscape. The meeting at the First Lady 's office on Thursday, Aug. 14, was attended by GMA Senior Vice President Annette Gozon-Valdes, Sparkle First Vice...
ABS-CBN Corp., the multi-media unit of the Lopez Group, has slashed its consolidated net loss by 60 percent to ₱852 million in the first half of 2025 from the loss of ₱2.13 billion in the same period last year, thanks to higher ad revenues, blockbuster movies, and sold-out BINI concerts. In a...
Muti-media giant ABS-CBN Corporation is no longer pursuing a new congressional franchise to return to the broadcasting industry but will instead focus on the business of providing content, with which it expects to finally bounce back to profitability this year. “Even if Congress granted the...
Due to the overwhelming success and popularity of its all-girl pop group BINI, ABS-CBN Corporation is aiming to introduce more P-Pop (Filipino Pop) groups and other Filipino talents to the entertainment world. During the annual stockholders meeting of ABS-CBN’s parent company Lopez Holdings...
Lopez Holdings Corporation’s earnings jumped 57 percent in the first quarter of 2025 on the back of a strong performance by First Philippine Holdings Corporation (FPH) and after ABS-CBN Corporation’s losses were cut by half. In a disclosure to the Philippine Stock Exchange, Lopez Holding...
Lopez Holdings Corp. reported a 123-percent surge in attributable net income to ₱6.34 billion last year, from the ₱2.85 billion earned in 2023, due to a lower equity share in the net losses of broadcast giant ABS-CBN Corp. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Lopez-led multimedia firm ABS-CBN Corporation is selling about 70 percent of its 4.4-hectare (ha) prime property in Quezon City to real estate giant Ayala Land Inc. (ALI) for ₱6.24 billion to raise funds to pay off loans. In a disclosure to the Philippine Stock Exchange, ABS-CBN said it signed a...
Lopez Holdings Corporation, one of the investment arms of the Lopez family, reported seven percent dip in attributable net income to P4.83 billion for the first nine months of 2024 from the P5.21 billion earned in the same period last year. The firm disclosed to the Philippine Stock Exchange that...
Carlo L. Katigbak, president and chief executive officer (CEO) of ABS-CBN Corp., has joined the board of life insurance firm AIA Philippines. In a statement, AIA Philippines announced Katigbak's appointment as an independent director for the insurer, previously known as Philam Life, "bringing 30...
Lopez Holdings Corporation reported a five percent improvement in attributable net income to P3.41 billion in the first half of 2024 from the P3.25 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its unaudited consolidated revenues...
Fiber broadband provider Converge Information and Communications Technology Solutions Inc. and ABS-CBN Corporation’s Sky Cable Corp. have entered into a commercial arrangement that will allow Sky to upgrade its network and improve services to its subscribers. In a disclosure to the Philippine...