The Philippines- ABS-CBN Corporation reported P2.545 billion (S$75 million) in net income for 2015. Revenue and net income targets were exceeded for 2015, with revenues from the TV and studio sect growing over 11%, compared to the previous year. What contributed to the success was creating major hits such as Pangako Sa ‘Yo, On the Wings of Love and more, attracting significant ad revenues. ABS-CBN maintained its leadership in terms of national total day audience share, which jumped to 43% … [Read more...] about ABS-CBN’s net income jumps
ABS-CBN Corporation
ABS-CBN’s Donald Patrick Lim awarded
ABS-CBN Corporation has announced that its Chief Digital Officer, Donald Patrick Lim, has been named one of the Ten Outstanding Young Men (TOYM) in the Philippines early this year by the Junior Chamber International (JCI) Philippines. Lim was also recognised as the first Filipino to be named in Digital Marketing News’ 40 under 40 awardees last year, the Digital Marketer of the Year at the Asian Leadership Awards in Dubai, UAE by the Asian Confederation of Business, and the Young Market … [Read more...] about ABS-CBN’s Donald Patrick Lim awarded
ABS-CBN growth report
ABS-CBN Corporation has reported PhP27.8 billion in consolidated revenues for the first nine months of 2015, bringing its net income to PhP1.9 billion, 23% higher compared to the same period last year. The company also reported higher third quarter revenues of PhP10.1 billion, 8% higher than the revenues generated during the second quarter of this year. According to Kantar Media, the top 10 programs for the first nine months of 2015 for free-to-air television were all produced by ABS-CBN. The … [Read more...] about ABS-CBN growth report
ABS-CBN reports revenues
ABS-CBN Corporation reported PHP17.7 billion consolidated revenues for the first half of 2015, bringing its net income to PHP1.2 billion, 20% higher compared to the same period last year. The company reported higher second quarter revenues of PHP9.3 billion, 11% higher than the revenues generated during the first quarter of this year. “Our performance during the first half was well within our expectations,” said Aldrin M. Cerrado, the company’s Chief Financial Officer. … [Read more...] about ABS-CBN reports revenues
ABS-CBN on track to meet full-year revenue targets
ABS-CBN Corporation reported PHP16.4 billion consolidated revenues for the first half of 2014, bringing its net income to PHP995 million, around 44% higher compared to the same period last year after removing the effect of election-related ad spending. The company reported steady second quarter revenues of PHP8.2 billion – almost identical to the revenues generated during the first quarter of this year. “I am pleased with our overall performance for the first half of the year, and I … [Read more...] about ABS-CBN on track to meet full-year revenue targets
ABS-CBN opens 2014 with light romance and action drama
Two of ABS-CBN's top-rating dramas, the light romantic-comedy Got to Believe and action-suspense-drama Against All Odds (“Huwag Ka Lang Mawawala”) were received positively at the annual Asian Television Forum (ATF) held in Marina Bay Sands, Singapore in December 2013. ABS-CBN Corporation, the Philippines’ largest multimedia conglomerate, through its International Distribution Division, showcased the two new dramas that will air worldwide … [Read more...] about ABS-CBN opens 2014 with light romance and action drama