TV News Ilocos – Nov 9, 2016

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TV News Ilocos – Nov 9, 2016

Dagiti turista, iyap-apuradan ti mapan bumisita iti Marcos mausoleum

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Source (Wikipedia):
ABS-CBN Corporation, commonly known as ABS-CBN, is a Filipino media and entertainment group based in Quezon City. It is the Philippines’ largest entertainment and media conglomerate in terms of revenue, operating income, net income, assets, equity, market capitalization, and number of employees.

The company that would later merged to ABS was founded in 1956 as Chronicle Broadcasting Network (CBN) by newspaper mogul Eugenio Lopez, Sr. and his brother Fernando Lopez (then Vice President of the Philippines).

The group owns and operates the ABS-CBN and ABS-CBN Sports+Action national television networks as well as the Radyo News and My Only Radio regional radio networks.

The ABS-CBN television network in particular is the largest contributor to the group’s revenue, generating about 50 to 60 percent of the group’s total annual revenue mainly from selling airtime to advertisers. The remaining revenue is generated from consumer sales, mainly from ABS-CBN Global Ltd. which distributes international television channels such as The Filipino Channel and Myx TV and from pay TV and broadband internet provider Sky.

Other companies under the ABS-CBN group are motion picture company Star Cinema, music recording label Star Music, publishing firm ABS-CBN Publishing, pay TV content provider and distributor Creative Programs, and talent agency Star Magic. Pay TV networks and channels under the ABS-CBN group are ABS-CBN HD, ABS-CBN News Channel, ABS-CBN Sports+Action HD, Cinema One, Jeepney TV, Metro Channel, Liga, and Myx.

In recent years, ABS-CBN has ventured and diversified into new businesses such as cellular telephony provider ABS-CBN Mobile, video on demand platform I Want TV, digital terrestrial television service ABS-CBN TV Plus, family entertainment center Kidzania Manila, and home shopping network O Shopping. ABS-CBN is also the principal owner of ABS-CBN Philharmonic Orchestra.

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TV News Ilocos – Nov 9, 2016


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