April 24, 2017 9:01 AM ET

Media

Company Overview of ABS-CBN Corporation

Company Overview

ABS-CBN Corporation, together with its subsidiaries, engages in the television and radio broadcasting businesses in the Philippines, the United States, the Middle East, Europe, Australia, Canada, and the Asia Pacific. The company operates through: TV and Studio, Pay TV Networks, and New Businesses segments. It creates and distributes content, including tele series, drama anthologies, situation comedies, reality and game shows, and news and public affair programs through free TV and radio with Channel 2 and DZMM platforms; and distributes content through direct to home, Internet protocol television, mobile, and online. The company also engages in film distribution, money remittance, retail an...

ABS-CBN Broadcasting Center

Sgt. Esguerra Avenue Corner Mother Ignacia Street

Quezon City,  1103

Philippines

Founded in 1946

6,304 Employees

Phone:

63 2 415 2272

Key Executives for ABS-CBN Corporation

ABS-CBN Corporation does not have any Key Executives recorded.

ABS-CBN Corporation Key Developments

ABS-CBN Corporation Announces Executive Changes

The board of Directors of ABS-CBN Corporation accepted the resignation of Mr. Donald Patrick L. Lim as Head of Digital Media Division to join Dentsu Aegis Network Philippines as Chief Executive Officer. The Board appointed Ms. Elaine E. Uy as Officer-in-charge of Digital Media Division. Ms. Uy has been with the company since 2013 as the Head of Digital Operations. She is in-charge of the total digital operations handling strategy, creative, content, project management, account servicing, business intelligence, social media strategy, listening and crisis management of ABS-CBN and its subsidiaries. Prior to joining the company, she held the position of Sr. Manager for Digital Campaigns & Media in Smart Communications Inc. These changes are effective from April 01, 2017.

ABS-CBN Corporation Reports Consolidated Earnings Results for the Fourth Quarter and Full Year of 2016

ABS-CBN Corporation reported consolidated earnings results for the fourth quarter and full year of 2016. For the year, the company reported PHP 41.6 billion in revenue bringing its net income to PHP 3.5 billion, 39% higher than the PHP 2.5 billion reported in 2015. EBITDA was PHP 9,853 million compared to PHP 7,940 million a year ago. ROE was 11% compared to 9% a year ago. Capital expenditures were PHP 7,715 million compared to PHP 5,528 million a year ago. For the quarter, the company reported revenue of PHP 10,464 million a year ago, EBITDA of PHP 2,439 million and net income of PHP 677 million a year.

ABS-CBN Corporation Announces Resignation of Donald Lim as Chief Digital Officer, Effective from 31 March 2017

ABS-CBN Corporation confirmed that Donald Lim has tendered his resignation as Chief Digital Officer of company, which shall take effect on 31 March 2017. Chief Digital Officer Donald Patrick L. Lim is leaving the company to join Dentsu Aegis Network Philippines as chief executive officer.

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