ABS-CBN Corporation expects to improve its performance this year, four years after losing its broadcasting franchise, as it continues to focus on providing content on air and via online or digital platforms. During the firm’s annual stockholders’ meeting, ABS-CBN President and CEO Carlo L....
Solar Philippines founder Leandro Legarda Leviste has increased his stake in ABS-CBN Corporation to 10 percent—almost enough to entitle him a seat in the multi-media firm’s board of directors. In a disclosure to the Philippine Stock Exchange (PSE), ABS-CBN said Leviste’s LL Holdings Inc....
Lopez Holdings Corporation reported a five percent improvement in attributable net income to P1.75 billion in the first quarter of 2024 from the P1.67 billion posted in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this was primarily caused by the...
Young tycoon Leandro Legarda Leviste has acquired the equivalent of 8.5 percent of ABS-CBN Corporation, continuing his buying binge after selling a portion of his stake in SP New Energy Corporation to Meralco PowerGen Corporation. ABS-CBN’s share price has surged over the past week and...
Lopez Holdings Corporation reported a 48 percent drop in attributable net income to P2.85 billion last year from the P5.44 billion earned in 2022 due to its equity share in the 2023 net loss of investee ABS-CBN Corporation. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
ABS-CBN Corporation, the Philippines' leading content provider, has marked another milestone by being the first to distribute an Arabic-dubbed Filipino drama series to tap the rising video-on-demand platforms in the Middle East. The firm said its content is being distributed in the Middle East...
After its acquisition from ABS-CBN Corporation by PLDT Inc. was scrapped, Sky Cable Corporation has renewed its drive to woo more subscribers with the launch of internet plans aimed at local small businesses. SKYBIZ, the business solutions arm of SKY, has launched its boosted BIZBB broadband plan,...
The planned P6.75 billion acquisition of ABS-CBN Corporation’s Sky Cable by PLDT Inc. will no longer push through as both parties have mutually decided not to proceed with the transaction for undisclosed reasons. “Following this development, Sky Cable is pleased to announce that its...
ABS-CBN Corporation reported that its entertainment business unit Star Cinema has set a new record for the Philippines’ highest grossing film of all time after its official entry for the Metro Manila Film Festival “Rewind” reaped a total of P845 million from local and international sales as...
ABS-CBN Entertainment and Viu are partnering for the local adaptation of leading entertainment company CJ ENM’s hit romantic-comedy series “What’s Wrong With Secretary Kim” for Filipino viewers. In a statement, ABS-CBN Corporation said the webtoon-based Korean series not only topped...
Lopez Holdings Corporation reported a 27 percent growth in attributable net income to P5.21 billion for the first nine months of 2023 from the P4.12 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the unaudited consolidated...
Media Serbisyo Production Corporation (MSPC), the joint venture between Prime Media Holdings Inc. of House Speaker Martin Romualdez and ABS-CBN Corporation, is planning to expand into the digital space while working longer hours. In a disclosure to the Philippine Stock Exchange (PSE), Prime Media...
