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ABS-CBN Corporation

9 Views· 02/23/20
Aryel Narvasa
Aryel Narvasa
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ABS-CBN Corporation is the largest entertainment and media conglomerate in the Philippines. It is one of the core businesses of the Lopez Holdings Corporation which are headed by an influential Filipino family. It was formed by the merger of Aquino Broadcasting System and the Cojuangco Business Network. It was incorporated as the ABS-CBN Broadcasting Corporation on February 1, 1967, shorted to simply ABS-CBN Corporation in 2010 to reflect the company's diversification. The common shares of ABS-CBN was first traded in the Philippine Stock Exchange in July 1992 under the ticker symbol ABS and as of August 2015 has a market capitalization of over 50 billion pesos.
It owns and operates two national television networks, two regional radio networks, 12 cable channels, two high-definition TV channels, two HD Radio channels six international channels along with services dealing in telecommunications, film and television production and distribution, music production and publishing, print publishing, talent development and management, home TV shopping, theme park, and a number of internet and digital properties such as ABS-CBNnews.com, ABS-CBN TVplus, Cine Mo!, Chicken Pork Adobo, i Want TV, and Yey!. It is also the principal owner of ABS-CBN Philharmonic Orchestra.


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