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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
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

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

ABS-CBN Corp. vs GMA Network: Who Did Better in the First Half of 2017?

The first six months of the year weren’t good for both networks

The two biggest broadcasting networks in the country, ABS-CBN Corporation and GMA Network Inc., both suffered revenue and net income declines in the first semester of 2017 compared to the same period last year.ABS-CBN’s net income decline was bigger, which dropped almost ...

by Pauline Macaraeg  | September 17, 2017 10:00:00
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