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News and Events

Media Mogul Woes: Weak First-Half Record at ABS-CBN, GMA Take Toll on Owners' Fortunes

Forbes' latest Philippines rich list details impact of digital disruption on TV empires

Owning a giant mass media empire remains one of the major paths to vast wealth in the Philippines.This is apparent in Forbes magazine’s 2018 list of 50 richest people in the Philippines, which included major shareholders of the country’s two leading television ...

by Lorenzo Kyle Subido  | September 10, 2018 08:00:00
News and Events

Network Wars? ABS-CBN, GMA Face Bigger Threat of Earnings Meltdown Amid Digital Shift

Both broadcasters saw net income decline in the first half of 2018

The country’s two largest television networks, ABS-CBN Corp. and GMA Network Inc. posted double-digit drops in their net income in the first half of 2018 as advertisers funnel their money elsewhere due to the seemingly growing appetite of Filipinos for alternative forms ...

by Elyssa Christine Lopez  | August 21, 2018 08:00:00
Startup Tips

From Broadcaster to BPO Stalwart: How This Pinay Shifted Careers and Established Her Name in a New Industry

Catherine Salceda-Ileto found a way to merge her love for relationship-building and communications

There’s an old-school belief that once you’ve gotten into a good company, it’s a must to do everything to stay in it since in theory, you’ve already got it made. The truth is that success doesn't happen to those who stick to their ...

by Charlene J. Owen of Femalenetwork.com  | July 20, 2018 12:00:00
News and Events

How Much Money Did ABS-CBN and GMA Network Bosses Make in 2017?

The Philippines’ two biggest networks saw revenues and profits dip slightly last year

ABS-CBN Corporation and GMA Network Inc., the two biggest broadcasting network stations in the country, spend a lot of money. From the production of shows to advertising and marketing operations, both stations allocate billions of pesos. But one of its biggest expenses ...

by Pauline Macaraeg  | April 24, 2018 11:00:00
News and Events

Marvin Agustin and 9 Top Entrepreneurs to Mentor Finalists in Search for PH’s Best Social Enterprises

Competition is sponsored by Gina Lopez’s new foundation for uplifting poor communities

Associations, social enterprises, cooperatives, foundations, or non-government organizations have the chance to win Php100,000 in cash and mentorship from some of the country’s top entrepreneurs in a nationwide search for projects that have the most impact in uplifting poor communities.Launched in March, ...

by Elyssa Christine Lopez  | April 17, 2018 10:00:00
News and Events

SEC Revokes Incorporation of PH’s Pioneering Online Media Startup Rappler

Agency alleges company violated the Constitution’s prohibition of foreign ownership and management of the mass media

The Securities and Exchange Commission (SEC) has revoked the certificate of incorporation of pioneering online media startup Rappler Inc. for allegedly violating the Philippine constitution’s prohibition against foreign ownership and management of any mass media entity.In an order dated January 11, 2018, ...

by Roel Landingin and Elyssa Christine Lopez  | January 15, 2018 09:00:00
News and Events

Court Orders Seizure of ABS-CBN Assets Over Dispute with Solar on Airing of NBA, BTV Channels

Mandaluyong court also requires Solar to post a bond for Php659 million

UPDATE: The Mandaluyong court has granted ABS-CBN's motion to lift the writ of attachment and garnishment. Read the full story hereA Mandaluyong city trial court has issued an order to garnish or seize bank accounts and other assets of ABS-CBN Corp. and its ...

by Entrepreneur Staff  | May 30, 2017 03:00:00
News and Events

Does the ‘Duterte Factor’ Affect ABS-CBN and GMA Share Prices?

The stock market reacts more strongly to the President’s actions than to companies’ financial performance

President Rodrigo R. Duterte likes to say he knows little of economic and financial matters though his aides and officials add he is more familiar with the subject than he lets on. What is not a matter for debate is his outsized ...

by Pauline Macaraeg  | May 22, 2017 05:00:00
News and Events

ABS-CBN vs GMA: Who’s Really Winning Viewers and Making Money?

Despite widely varying revenues, the broadcast companies’ profits are almost at par

When talking about big players in the battle for viewers on the small screen, two major networks immediately come to mind: ABS-CBN Corp., which operates Channel 2, and GMA Network Inc., which broadcasts on Channel 7.The so-called network war is so intense ...

by Pauline Macaraeg  | May 02, 2017 10:00:00
News and Events

What are the most viewed Christmas ads online in 2016?

You might have shed a tear or two at these holiday ads

Commercial advertisements, while meant to sell a product or service, also have the power to tell stories that can sometimes tug at the heartstrings of even the most jaded consumers.This Christmas, some brands once again injected the spirit of the yuletide season ...

by Elyssa Christine Lopez  | December 31, 2016 11:00:00
News and Events

Bottom line: Al Gore, IBM, iflix, H&M, Post-it

Find out what the former US vice president is doing now in the country, plus the latest on these brands.

by Entrepreneur Staff  | March 14, 2016 08:00:00
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