October 16, 2017 6:18 PM ET

Media

Company Overview of Intercontinental Broadcasting Corporation

Company Overview

Intercontinental Broadcasting Corporation operates a television station. It offers sports, foreign canned, religious, and public affairs programming. The company was founded in 1975 and is based in Quezon City, the Philippines.

Broadcast City

Capitol Hills

Quezon City,  1102

Philippines

Founded in 1975

Key Executives for Intercontinental Broadcasting Corporation

Intercontinental Broadcasting Corporation does not have any Key Executives recorded.

Intercontinental Broadcasting Corporation Key Developments

Luis Singson Eyes IBC Network

Luis Singson is planning to buy Intercontinental Broadcasting Corporation from the government, which has been considering privatizing the station. He sent a letter to the Presidential Communications Operations Office dated December 19, 2016 signifying his intent to purchase the network.

IBC-13 To Be Privatized

Intercontinental Broadcasting Corporation (IBC-13) is to be privatized. President Aquino has approved a recommendation to sell IBC-13. "The privatization of IBC-13 will be done through public bidding with an estimated floor price of P1.977 billion," he Governance Commission on GOCCs said in a statement. "The privatization should pave the way for infusion of additional capital to revitalize the network, which will also be able to operate with more flexibility as private entity," GCG pointed out.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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