From Soaps And Sitcoms To Movies And Telecoms

Eugenio Lopez wants to make a media empire of his TV station

It's another busy afternoon at the Manila headquarters of ABS-CBN, the largest media company in the Philippines. At the studios of AM-DZMN, the country's most popular talk-radio station, calls are lighting up the switchboards. In nine TV studios nearby, actors, directors, set designers, and others are churning out the sitcoms and soaps that have made ABS-CBN the dominant force in local television. And out in the parking lot, construction workers are putting up a $100 million, 15-story building that will house new cable, music, movie, and merchandising operations.

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