In a recent agreement with Globo, ABS-CBN – the free-to-air TV channel in the Philippines – with national coverage, has just licensed the moving telenovela The Life We Lead. This is the first time that one of the Brazilian broadcaster’s telenovelas has had the opportunity to show its quality and capacity to enrapture audiences in the country. The show tells the story of Ana (Fernanda Vasconcellos, Pages of Life), a promising tennis player who has the support of her sister and … [Read more...] about Globo telenovelas reach the Philippines for the first time
ABS-CBN
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
Passion shows continued success in Southeast Asia
London-based Passion Distribution announced on August 7 continued success in Southeast Asia, licensing over 420 hours of content into the region in the last 6 months. Most prominently, Passion has seen a rise in content acquisition in the Philippines; the distributor has seen a 350% growth in the region in 2014. Most recently in the Philippines, ABS CBN finalised terms for a large package deal, totalling over 187 hours of content. Package highlights include the cutting-edge food competition … [Read more...] about Passion shows continued success in Southeast Asia
ABS-CBN maintains its leading streak in nationwide TV viewing for June
ABS-CBN maintained its leadership in nationwide TV viewing across urban and rural homes in June with an average audience share of 45%, or 13 points higher than GMA’s 32%, according to data from Kantar Media. Kantar Media uses a nationwide panel size of 2,609 urban and rural homes that represent 100% of the total Philippine TV viewing population, while the other ratings data supplier AGB Nielsen reportedly has only 1,980 homes based solely in urban areas that represent only 57% of the … [Read more...] about ABS-CBN maintains its leading streak in nationwide TV viewing for June
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
ABS-CBN plans to offer P5 billion in retail bonds
ABS-CBN Corporation plans to raise P5 billion through a retail bond issue, with an option to increase the amount up to P10 billion to finance its capital expenditure program​me for the next five years. The company will invest in their production forward planning initiative, which includes the construction of sound stages. The company will also use part of the proceeds for the roll out of digital terrestrial TV and the expansion of its pay-TV business through Sky Cable. ABS-CBN Chief … [Read more...] about ABS-CBN plans to offer P5 billion in retail bonds