ABS-CBN Corporation stands as one of the Philippines' foremost media and entertainment conglomerates, shaping the nation's media landscape for several decades.
Founded on October 23, 1953, by James Lindenberg, the company started as a small radio broadcasting station before evolving into a multimedia powerhouse, encompassing television, radio, film, and digital media.
ABS-CBN Corporation (also known alternatively and secondarily as ABS-CBN Broadcasting Corporation) is a Filipino media company based in Quezon City, Metro Manila, Philippines. It is the largest radio broadcaster, entertainment television production, program syndication provider and media conglomerate in the Philippines. It is a subsidiary of Lopez Holdings Corporation which is owned by the López family ABS-CBN was formed by the merger of Alto Broadcasting System (ABS) and Chronicle Broadcasting Network (CBN).
ABS-CBN is considered one of the country’s leading media and entertainment companies, with service offerings across the different platforms of media, servicing a wide array of customer segments.
As an organization, ABS-CBN affirms its mission of being in the service of the Filipino and all of its stakeholders worldwide. The company is driven to pioneer, innovate and adapt as it continues to provide information, news and entertainment that connects Filipinos with one another and with their community - wherever they may be. ABS-CBN is firmly committed to pursuing excellence.
Prior to the shutdown of its broadcast operations in 2020, ABS-CBN was the largest television network in the Philippines. As a radio broadcast company, it operated 22 radio stations including anchor radio stations in Mega Manila, DZMM and DWRR, in the AM and FM bands, respectively.
The company delivers television programming outside of the Philippines to over 3 million viewers in North America, the Middle East, Europe, Japan, Australia, Canada, and other countries in Asia, through the internet and the Company’s global distribution platform, TFC, using DTH satellite service, cable television channels, IPTV, mobile applications and video streaming services. Its offerings are further complemented by subsidiaries focused on other multimedia services such as film production, music recording, telecommunications, and magazine and book publishing.
ABS-CBN Corporation in Details
- Bolinao Electronics Corporation (1946–1953, 1957–1967)
- Alto Sales Corporation (1953–1957)
- Chronicle Broadcasting Network, Inc. (1956–1957)
- ABS-CBN Broadcasting Corporation (1967–1972, 1986–2008; as primary name)
Traded as: PSE: ABS Type: Public
Industry: Radio broadcasting, Mass media, Entertainment
Founded: June 13, 1946; 77 years ago
Founders: James Lindenberg, Antonio Quirino, Eugenio López Sr., Fernando López
Area served: Worldwide
- Television program
- Web portal
- Motion pictures
- TV production
- Cable television
- Streaming service
- Broadcast syndication
- Record label
- Satellite television
- Film distribution
- Lopez Holdings Corporation (56.28%)
- ABS-CBN Holdings Corporation (32.21%)
- Public Ownership (42.80%)
Number of employees: 5,701 (2022)
Revenue: ₱19.20 billion (2022)
Key Aspects of ABS-CBN Corporation
Television Broadcasting: ABS-CBN operates a vast network of television channels, producing a wide array of programs, including news, dramas, reality shows, talk shows, and entertainment specials. The network's innovative content has garnered immense popularity among Filipino audiences, earning numerous awards and accolades.
News and Public Affairs: The company is recognized for its credible and comprehensive news coverage through programs such as "TV Patrol." ABS-CBN's commitment to journalism has established it as a trusted source of news and analysis in the Philippines.
Film Production: ABS-CBN has made significant contributions to the Philippine film industry, producing a multitude of movies that reflect the country's culture and societal issues. The company has supported local filmmakers and actors, fostering the growth of Filipino cinema.
Radio Broadcasting: In addition to its television presence, ABS-CBN operates radio stations across the Philippines, delivering news, music, and entertainment content to diverse audiences.
Digital and Online Platforms: Recognizing the importance of digital media, ABS-CBN has expanded its reach through online platforms, streaming services, and social media channels. These platforms allow viewers to access content conveniently, enhancing the network's presence in the digital realm.
Social Responsibility: ABS-CBN Corporation is actively involved in various corporate social responsibility initiatives. The company supports education, healthcare, environmental conservation, and disaster relief efforts, contributing positively to Philippine society.
- ABS-CBN Film Productions, Inc.
- ABS-CBN Center for Communication Arts, Inc.
- ABS-CBN Star Music
- ABS-CBN Publishing
- ABS-CBN Digital Media
- ABS-CBN Entertainment
- ABS-CBN Events
- ABS-CBN Foundation
- ABS-CBN International
- ABS-CBN International Production and Co-Production
- ABS-CBN Radio
- ABS-CBN News
- ABS-CBN Narrowcast
- Dreamscape Entertainment
- Star Creatives Television
- MOR Entertainment
ATTRACTIONS TO SEE IN MANILA
Challenges and Resilience
Over the years, ABS-CBN Corporation has faced challenges, including political pressures and regulatory issues. In 2020, the company faced a significant setback when its broadcasting franchise was not renewed, leading to the shutdown of its terrestrial television operations. Despite this setback, ABS-CBN continues to adapt and evolve, focusing on digital platforms and international markets to reach a broader audience.
Legacy and Impact
ABS-CBN Corporation's legacy in the Philippines is marked by its cultural influence, social impact, and commitment to delivering quality content. Its programs have not only entertained but also informed and inspired generations of Filipinos. The company's dedication to storytelling and journalism has left an indelible mark on the nation's media landscape, making ABS-CBN a cherished part of Filipino history and culture.
ACTIVITIES AND TOURS IN MANILA
Headquarters: ABS-CBN Broadcasting Center, Sgt. Esguerra Avenue corner Mother Ignacia Street, Diliman, Quezon City, Metro Manila, Philippines
Other Media Companies in the Philippines
- ABS-CBN Corporation
- GMA Network Inc.
- TV5 Network Inc.
- Philippine Daily Inquirer
- Manila Bulletin
- The Philippine Star
See more media companies in the Philippines