ABS-CBN Corporation

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This article is about the media conglomerate. For the television network in the Philippines, see ABS-CBN.
ABS-CBN Corporation
Type Public
Traded as PSE: ABS and ABSP
Industry Mass media
Predecessor(s) Bolinao Electronics Corporation (1946–1952)
Founded 14 June 1946
Founder(s) James Lindenberg
Headquarters ABS-CBN Broadcast Center, Sgt. Esguerra Ave. corner Mother Ignacia St., Barangay South Triangle, Diliman, Quezon City, Philippines
Area served Worldwide
Key people Eugenio Lopez III, (Chairman and CEO)
Augusto Almeda Lopez, (Vice chairman)
Charo Santos-Concio, (President and COO)
Rolando Valdueza, (CFO)
Products Broadcast radio and television
cable television
films
publication
music records and publication
sports
telecommunications
television programming
television, broadcast, music and brand license
merchandise
pay per view
websites
Revenue decrease ₱28.2 billion (FY 2011)[1]
Operating income decrease ₱6.8 billion (FY 2011)[1]
Net income decrease ₱2.4 billion (FY 2011)[1]
Total assets increase ₱44.8 billion (FY 2011)[1]
Total equity increase ₱20.3 billion (FY 2011)[1]
Owner(s) Lopez Holdings Corporation
Employees 11,500+ (FY 2010)
Parent Lopez, Inc.
Divisions ABS-CBN Licensing Group
ABS-CBN News and Current Affairs
ABS-CBN Sports
Cable Channels and Print Media Group
Central Library
Creative Communications Management Group
I-Post
Manila Radio Division
Regional Network Group
Star Entertainment Group
Traffic
Subsidiaries see the full list
Website abs-cbn.com

ABS-CBN Corporation (PSE: ABS and ABSP) is a Filipino media conglomerate and the country's largest and foremost media and entertainment company.[2][3][4][5] The corporation was formed by the merger of Alto Broadcasting System (ABS) owned by James Lindenberg and Antonio Quirino (the brother of then-Philippine president Elpidio Quirino) and the Chronicle Broadcasting Network (CBN) owned by Don Eugenio Lopez, Sr. and the then-Philippine vice president Fernando Lopez. Founded on 13 June 1946 by James Lindenberg as Bolinao Electronics Corporation (BEC), it was incorporated as the ABS-CBN Broadcasting Corporation on 1 February 1967, shorted to simply ABS-CBN Corporation in 2010. The common shares of ABS were first offered in July 1992 while the PDR (Philippine Depository Receipt) of ABSP were offered in October 1999.[6]

Its assets include the broadcast television network ABS-CBN which is among the first commercial television networks in Asia, a youth-oriented broadcast television network Studio 23 as well as the radio networks DZMM Radyo Patrol 630 and Tambayan 101.9 along with subsidiaries dealing in print publication (ABS-CBN Publishing, Inc.), cable television (Creative Programs, Inc.), communications (Sky Cable Corporation) film production (Star Cinema), visual effects (Roadrunner Network, Inc.), music production (Star Recording, Inc.), new media (ABS-CBN Interactive) and other assets.

Contents

[edit] History

[edit] Beginnings

The nucleus of ABS-CBN began in 1946 with Bolinao Electronics Corporation (BEC). BEC was established by James Lindenberg, dubbed as the father of Philippine television,[7] an American electronics engineer who went into radio equipment assembly and radio broadcasting. At that time, the largest media network was Manila Broadcasting, with DZRH as the leading radio station. In 1949, James Lindenberg shifted Bolinao to radio broadcasting with DZBC and masterminded the introduction of television to the country in 1953.[8]

In 1951, Lindenberg partnered with Antonio Quirino, brother of then President Elpidio Quirino, in order to try their hand at television broadcasting. In 1952, BEC was renamed as Alto Broadcasting System or ABS. "Alto" was a contraction of Quirino’s and his wife’s first names, Tony and Aleli. Though they had little money and resources, ABS was able to put up its TV tower by July 1953 and import 300 television sets. The initial test broadcasts began on September of the same year. The very first full-blown broadcast, however, was on 23 October 1953, of a party in Tony Quirino's home. The broadcasting channel was known as DZAQ-TV Channel 3.[8]

[edit] Merger

ABS-CBN logo (Feb. 1, 1967–Sept. 21, 1972).

In turn, on 24 September 1956, the Chronicle Broadcasting Network (CBN) was organized. The network was owned by Don Eugenio Lopez, Sr. and the then Philippine Vice President Fernando Lopez. The following year, Don Eugenio acquired ABS from Quirino and Lindenberg. However, it was only on 1 February 1967 that the corporate name was changed to ABS-CBN Broadcasting Corporation (before it was named ABS-CBN Broadcasting Corporation, the name was reverted back to the precursor of the network, Bolinao Electronics Corporation or BEC). In 1958 the network's new headquarters at Roxas Boulevard was inaugurated, and all radio and television operations were consolidated into its two buildings, the radio stations at the Chronicle Building at Aduana Street, Intramuros, Manila, and the TV operations at the brand new Roxas Boulevard building in Pasay City.[8]

In the late 1950s, Don Eugenio's son, Geny Lopez saw the potential of TV to reach and link Filipinos across the archipelago. By the mid-1960s, the ABS network was leading the radio industry, with stations like DZXL and DZAQ Radyo Patrol, which featured journalists like Ernie Baron, Bong Lapira, Orly Mercado, Joe Taruc, Mario Garcia, Bobby Guanzon, and Rey Langit. ABS also made breakthroughs in the TV industry by achieving the country's first color TV broadcast, first satellite feed, and first use of videotape, among others. It featured top shows then, such as Your Evening with Pilita and Tawag ng Tanghalan, the country's first comedy show Buhay Artista, first Philippine gameshow, What's My Living and the first noontime show Student Canteen, among others.[8]

On 14 June 1961, Eugenio Lopez, Jr. built the first provincial TV station in Cebu airing 4 hours with the tallest tower (in that time) in Cebu measuring 216 feet.

Two years later, the network's first test color broadcasts began. Color broadcasts started in November 1966, the first in the Philippines and Southeast Asia as the network was tagged as the First in Color Television, with full color broadcasting beginning in 1971 at all national television stations.[8]

On 18 December 1968, ABS-CBN opened its new Broadcast Center on Bohol Avenue, Quezon City, where it still stands today. At the time, it was the most advanced facility of its kind in Asia. The station again made breakthroughs by using live satellite transmissions from abroad, foremost of which was the first moon landing in 1969 and in the 1968 Summer Olympics in Mexico the year before. The network enjoyed a big portion of the ratings and won various awards and recognitions from different organizations.[8]

In 1970, the network owned and operated 2 national television and 12 regional television stations, 6 national radio and 15 regional radio stations nationwide.

[edit] Martial law era

The station suffered a setback upon the declaration of martial law. On midnight of 22 September 1972, a day after the declaration of Martial Law, ABS-CBN and its affiliate stations were seized. Geny Lopez, the president of the company, was imprisoned and held without trial for five years until he and his cellmate Sergio Osmeña III launched a daring jailbreak in 1977 and sought asylum in the United States. The network itself was taken over by Roberto Benedicto, a presidential crony, who used the Broadcasting Center at Bohol Avenue, then renamed as "Broadcast Plaza", as the home of MBS-4.[8]

[edit] Capture of Broadcast Plaza (MBS-4)

At the height of the People Power Revolution, military reformists, believing that television would be a powerful tool to aid the revolution, attacked and took over the ABS-CBN Broadcasting Center. On 24 February 1986, former ABS-CBN talents put the station back on the air and televised the drama of the unfolding uprising, thereby contributing to the strength of the revolt.[8]

[edit] Growth

ABS-CBN logo (July 14, 1986 - December 31, 1999)

On 28 February 1986, after the Marcos regime was brought to its end by the revolution, Geny Lopez returned to the country after his self exile to the United States and started rebuilding what was left of the station. Recovery was difficult and resources were low. Hence, former ABS-CBN employee Freddie M. García was brought in to rework the station's programming. By 1988, ABS-CBN had regained its foothold in Philippine TV ratings.

On 1 March 1987, Channel 2 was relaunched with the live musical special, "The Star Network: Ang Pagbabalik Ng Bituin" (The Return of the Star) which noted for the numerical white tri-ribbon channel 2 logo laced with a white rhombidal star (from 1988 to 1992 the ribbons were tri-colored in red, green and blue) as a centerpiece of the network's revival to return its glory days. It was ABS-CBN became the first network to reclaim dominance in TV ratings.

In 1987, ABS-CBN also beefed up their news programs with TV Patrol, anchored by a team of announcers led by now former Vice-President Noli de Castro. (Its original lead anchors included de Castro, Mel Tiangco, Frankie Evangelista, and Angelique Lazo, with the late Ernie Baron telling the daily weather newscast.) Other reputable news programs followed, such as Magandang Gabi, Bayan and Hoy Gising!. The entertainment programs of ABS-CBN were also beefed up with a mix of programs that aired previously on RPN-9 and IBC-13 (Eat Bulaga!, Okey Ka Fairy Ko!, The Sharon Cuneta Show, Coney Reyes on Camera) while producing homegrown shows through the years that made an impact on Filipino viewers (The Maricel Soriano Drama Special, Palibhasa Lalake, Home Along Da Riles, etc.) Another feature of its return to the top of the ratings is the introduction of the live-action sentai and tokusatsu television program formats (with Bioman and Shaider) to Philippine television.

In 1989, ABS-CBN shifted to satellite broadcast, enabling the entire country to watch the same programs simultaneously. Slowly, the station inched its way to financial recovery, which it achieved by 1990. It regularly garnered around 70% of the market.

According to their website, they reach 97% of all households in the country and provide content for Studio 23 on UHF and for 9 cable channels.

On 27 May 2010, the multimedia conglomerate changed its name after dropping "Broadcasting" in its corporate name, a response to the changes in the media landscape brought about by technology, said ABS-CBN chairman and chief executive officer Eugenio “EL3” Lopez III. “The media business has gone beyond merely broadcasting to encompass other platforms,” EL3 said. ABS-CBN has interests in radio, free-to-air and cable television, movie production, publishing, and online news and content distribution service.[9]

[edit] Expansion

Aside from its flagship terrestrial network ABS-CBN 2 Manila, broadcasts to many predominantly overseas Filipino people in the Middle East, United States, Europe, Australia and several other countries through The Filipino Channel. The company has also diversified into film (ABS-CBN Film Productions, Inc.), music recording (Star Records), publishing (ABS-CBN Publishing), and interactive media (ABS-CBN Interactive). In August 2008 it inked a deal with Sorenson Pacific Broadcasting to broadcast news and other content from the network and its sister channels to its television and radio broadcasting properties in Guam and Northern Mariana Islands. Former ABS-CBN president Eugenio Lopez III became chairman of the company since 1996.

The network has also introduced its second terrestrial channel, Studio 23 in 1996, as well as cable channels Myx (a music channel), ABS-CBN News Channel (a cable news channel), Cinema One (a cable movie channel), the Lifestyle Network (home and lifestyle channel), Kapamilya Channel (regionally produced shows.), Hero (the country's first Tagalog-dubbed anime channel, ANIMAX's only known competitor in Southeast Asia), DZMM TeleRadyo (the country's first interactive TV on Radio) and Knowledge Channel (all educational channel). In the first quarter of 2008 three additional cable channels namely Balls (Sports Channel), Velvet (women's Channel) and Maxxx (all men focus channel). The network's radio stations include DZMM Radyo Patrol 630 (630 kHz AM-Manila), Tambayan 101.9 (DWRR 101.9 kHz FM-Manila), and regional FM stations under the brand My Only Radio.

ABS-CBN has established regional stations and news bureaus to handle operations in different areas throughout the Philippines. It also broadcasts to locations all over the world via The Filipino Channel, managed by ABS-CBN International.

ABS-CBN affirms its social responsibility with its slogan, "In the Service of the Filipino", and through the work of ABS-CBN Foundation. Through media, the foundation has delivered E-TV (Educational Television) VCDs to hundreds of public schools in the country that benefitted students. The foundation is also the umbrella organization of such foundations such as the Knowledge Channel (KCh) Foundation, Bantay Bata (Children's Watch), Bantay Kalikasan (Environment Watch), and ABS-CBN Bayan Foundation (formerly, ABS-CBN Bayan MicroFinance).

Geny Lopez died of a heart attack and cancer on 29 June 1999 in West Avenue Medical Center in Quezon City. This happened on the same year when the network inaugurated its Millennium Transmitter in the corporation grounds, resulting in a more clear signal for its television and radio stations nationwide, and put up its own grand New Year's Day broadcast for the year 2000 in 3 simultaneous locations.

[edit] ABS-CBN Holdings Corporation

ABS-CBN Holdings Corporation is a holding company incorporated on 30 March 1999 as Worldtech Holdings Corporation, for the primary purpose of investing, purchasing and holding real and personal properties, including but not limited to, shares of stock, bonds, debentures, notes, evidences of indebtedness or other securities or obligations. On 16 September 1999, the Securities and Exchange Commission approved the change in the Company’s corporate name to ABS-CBN Holdings Corporation.[10]

The Company has not conducted any business other than in connection with the issuance of PDRs (Philippine Depository Receipt), the performance of obligations under the PDR and the acquisition and holding of shares of ABS-CBN Corporation in respect of PDR issued.

[edit] The Kapamilya network

In 2003, during the television station's 50th anniversary, ABS-CBN launched its present brand name, "Kapamilya" (literally means "a member of the family").

Its international unit ABS-CBN Global Ltd. plans to undertake an initial public offering (IPO) the following year and might list on the Singapore Stock Exchange to help finance its expansion plans.[11]

The network celebrated its golden anniversary in 2003. The network held its Kapamilya Homecoming, which gathered over 4,000 former employees and talents for a grand reunion at ABS-CBN’s compound in Bohol Avenue, Quezon City. The network also launched a promo called "Treasure Hunt", where the people were invited to bring their oldest television, radio sets, microphones, and posters. The network also celebrated its 16th year reign in the TV ratings, with 13 of their shows included in the Top 15 daily programs in TV. ABS-CBN also launched new shows such as the then phenomenal Meteor Garden etc. The company also did a nationwide caravan, showcasing the network's talents.

In October 2003, the network held a month-long celebration of ABS-CBN and Philippine TV's 50th year.[12] The station produced two commemorative documentaries about the station's contribution in news and entertainment. Sa Mata ng Balita encapsulated some of the most unforgettable, most remarkable, and most celebrated landmarks of the last 50 years as captured by television news. 50 Taong Ligawan: The Pinoy TV History, on the other hand, was the first extensive television documentary done about the history of Philippine Television and the evolution of Philippine entertainment. For the celebration's finale, the broadcasting giant capped its 50th anniversary with a spectacular extravaganza dubbed as Kapamilya: ABS-CBN at 50,[13] held at the Philippine International Convention Center (PICC) in Pasay City. It was hailed as one of the biggest media events of the year. The Lopez-led network rolled out the red carpet to welcome its high-profile guests from the business, advertising and media sectors, politics, members of the diplomatic community, with many of the society’s luminaries and glitterati. Valued friends and supporters of the network throughout the five decades also attended the grand affair. The network's official 50 Years station id won an Award for Excellence in the 2004 Golden Quill Festival.

On 7 November 2006, ABS-CBN unveiled its flagship coffeetable book, "Kapitan: Geny Lopez and the Making of ABS-CBN." The 453-page book chronicles the hardships and odds that the network founder had to face, as well as the achievements and contributions of ABS-CBN in Philippine Television history.[14][15] The book won various awards, including Best Biography/Autobiography in the 26th National Book Awards,[16] and a merit award in the publications category of the 2007 Gold Quill Awards.[17]

On 29 September 2007, ABS-CBN acquired the exclusive rights to the whole movie library of the late Fernando Poe, Jr., after Susan Roces signed the contract. ABS-CBN Chairman Eugenio Lopez III, Cory Vidanes, Senior Vice President of TVP Production (currently the Channel 2 Head), and Poe’s daughter Grace Poe-Llamanzares were present.[18]

In 2008, The Wall Street Journal Asia ranked ABS-CBN as the top 7 most admired companies of the Philippines; being the only media company included on the list, the company also received the Innovation Award for its innovation in internet TV with its TFC Now! service.[19]

[edit] Recent developments

In 2008, ABS-CBN celebrated their 55th year in television. For the first time in Philippine TV History, ABS-CBN started the year by launching three primetime shows namely Lobo, Palos and Kung Fu Kids last 28 January 2008. ABS-CBN also launched Walang Iwanan sa BayaniJuan on 12 June 2008 in coincidence with the celebration of 110th Philippine Independence.

On 26 April 2009, ABS-CBN is the only media company to be cited as one of the country's top 15 listed companies in corporate governance, as shown by an annual survey of the Institute of Corporate Directors (ICD).[20] It was the only media company to garner a score of 90 percent or higher in the 2008 Corporate Governance Scorecard, a survey of corporate governance practices among 172 publicly listed companies in the country.[20]


[edit] Branding of ABS-CBN

The ABS-CBN logo features three main elements, the vertical line rooted on a horizontal origin, the three extending circles, and the text ABS-CBN. The vertical line or bar represents a tower (broadcasting tower), with the circles symbolizing its signals representing the red, green and blue or RGB colors which makes up a pixel shown on the television. The 3 divisions of the Philippines, Luzon, Visayas, and Mindanao, are also denoted by the three circles.

ABS-CBN once used a logo with ABS on top and CBN on the bottom, meaning the broadcasting corporations owned by two different families, the Quirino-owned ABS and the Lopez-owned CBN. Three circles, from the past years having no color variety, represent the three main islands of the Philippines, Luzon, Visayas and Mindanao. While the vertical bar represented the ABS-CBN TV transmitter tower. The whole logo is boxed, meaning ABS-CBN connects all the islands of the country with one family. The logo first introduced and appeared in 1966 including the colored circles when the network is the first color television network in the Philippines and 1967 rended in black and white. The colored circles used from its switching to color TV from 1966 to its closure by Marcoses by declearing Martial Law in the country in 1972 and 1992 when the network broadcast the 1992 Summer Olympics in Barcelona, Spain until late 1999. When the black and white from 1967 to its clousure in 1972 and from resume broadcast from 1986 until 1992. Then, the latter years, ABS-CBN launched The Filipino Channel, making the ABS-CBN logo unboxed, and represented as ABS-CBN is not only for the Filipinos inside, but also outside of the country. Merging the two stations, ABS and CBN, with one owner, the Lopez family, the ABS-CBN logo now uses "ABS-CBN", instead of having ABS and CBN, in one variation, situated on the bottom of the logo.

[edit] Channel 2

The vector logo used by the Banahaw Broadcasting Corporation (November 1973- February 1986).

Since 1969, the network has started using a channel logo beginning on DZAQ-TV with the early channel 2 logo for use as a promotion from 1969 to 1972 as The Family Channel. The frequency was later awarded to BBC as DWWX-TV from 1973 to 1986, and had a different logo used.

ABS-CBN introduced an innovation to the channel 2 logo from 1986 to 1992. At first, the channel 2 logo is introduced into ABS-CBN, after the dissolution of BBC in July. The features of the first channel 2 logo is a wing-shaped blue crest with a white curve at the top and a white line as a tail, the broadway 2 logo was used from 1986 to 1987. It has a slogan name Watch Us Do It Again! as the station ID aired since the network's revival.

After six months of carefully selected plans, the first tri-ribbon 2 logo laced with a rhombidal star came to be on 1 March 1987. The tri-ribbon 2 logo's color is white carried the slogan The Star Network when it aired as a station ID to reclaim the dominance in TV ratings. By 1988, the ribbons in the tri-ribbon 2 logo are tri-colored with red, green and blue. Truly, the tri-ribbon 2 logo was accidentally came from a shooting star in the form of 2. Similarly, most numerical channel logos within this slogan have with a star and versions came into regional TV channels like 3 (DYCB-TV in Cebu and DZRR-TV in Baguio), 4 (DYXL-TV in Bacolod and DXAS-TV in Davao) and other regional stations.

[edit] Sarimanok

The Sarimanok, a legendary bird in Philippine Folklore was first used in 1966 to identify color broadcasts (somewhat similar on how the NBC peacock has been utilized). In 1993, which happens to be the Chinese Year of the Rooster, ABS-CBN relaunched the Sarimanok with a new station ID featuring the legendary bird. The Sarimanok ID became utmostly associated with the channel that ABS-CBN opted it to become the station's mascot. Incidentally, ABS-CBN named its new 24-hour news channel the Sarimanok News Network, the precursor of the ABS-CBN News Channel.

[edit] The evolution of ABS-CBN logos

The ABS-CBN corporate logo started from the Alto Broadcasting System's (ABS) radio tower transmission waves graphic element and original typography that was conceptualized in 1956. James Lindenberg, the father of Philippine television, instructed Delfin L. Borrero, then a fresh fine arts graduate of the University of the Philippines in Diliman, to develop the ABS logo and its logotype.

In 1966 before ABS and CBN merged, the original logo was modified by Davis Architects which were the architects of the Bryant-Denny Stadium and Leandro Locsin, architect of the Philippine International Convention Center (PICC).

In 1967, with the incorporation and final merger of the Quirino-owned Alto Broadcasting System (ABS) and the Lopez-owned Chronicle Broadcasting Network (CBN), the logo was revised with the same original graphic elements and including the CBN typography. The logo was rendered in black and white for station ID. The colored rendition of the logo first appeared on the first color TV broadcast in the country within the year. The tri-band circles are in RGB. Red for Luzon, Green for Visayas and Blue for Mindanao. The colored variation was used subsequently until 2000.

On 1 January 2000, ABS-CBN modified its corporate logo. The previous logo, which heralded ABS-CBN as the largest TV network in the country gave way to the present logo's styling. The tri-band circles derived from the original radio transmission waves graphic element with colors, red, green, blue with the vertical line at the center still remained and the logotype was enhanced.

Today, the tri-band radio transmission waves graphic element and the original typography are used in derivatives as logos and logotypes of subsidiaries of the ABS-CBN Corporation worldwide media conglomerate. Arquitectonica, a Miami-based international architecture, landscape architecture, interior design and urban planning corporation, designed the logo derivatives.

[edit] Slogans

Main article: List of ABS–CBN Corporation slogans

[edit] Programming

Main article: List of programs broadcast by ABS-CBN Corporation

[edit] ABS-CBN Broadcasting Centre

The ABS-CBN Broadcast Centre before the major renovations.

The ABS-CBN Broadcasting Centre is the main headquarter of ABS-CBN Corporation, its subsidiaries, and other affiliate companies. It is located on Sergeant Esguerra, corner Mother Ignacia Street, Barangay South Triangle, Diliman, Quezon City. Situated on 14"38' N and 121"02' E. It was originally built in 1968 and was then the most advanced broadcast facility in Asia. Today it is now the country's most technologically advanced broadcast facility, capable of transmitting and broadcasting simultaneous live SD or HD feed to any parts of the world and vice versa.[21] The complex contains several buildings and studios used for broadcasting, taping, post-production and other related businesses. A Fitness First facility and the building and main office of ABS-CBN Foundation, Inc. can also be found inside the complex while the sound-stages and facade of Pinoy Big Brother and Pinoy Dream Academy are found facing the complex.

[edit] ABS-CBN Studios

The ABS-CBN Studios is divided into twelve studios. Studio 1, known as the Dolphy Theatre, is one of the oldest studios of ABS-CBN. Studio 3 is home to the noontime variety show, It's Showtime. Studio 4 is the home to the Saturday game show Kapamilya, Deal or No Deal . Studios 2, 9, 11 and 12 are temporary studio set-ups, where the props are dismantled after the show. Studio 5 is home to the showbiz talk show The Buzz and the comedy talk show Gandang Gabi, Vice! while Studio 8 is the home to another showbiz talk show Showbiz Inside Report. Studio 6 houses programs of the ANC, while ABS-CBN flagship news shows TV Patrol, Bandila, and News Patrol air from Studio 7. Studio 10, the largest studio, is home to the Sunday musical variety show, ASAP 2012, the drama anthology Maalaala Mo Kaya and the magazine/lifestyle show Rated K. This studio also houses the Studio 23 News Studio, a miniature news studio of the television network Studio 23 where programs such as Iba-Balita Ngayon, Iba-Balita ni Anthony Taberna and Bilis Balita are currently airing.

[edit] Eugenio Lopez, Jr. Communications Center

The newly renovated ELJCC overseeing the Millennium Transmitter in left.

The Eugenio Lopez, Jr. Communications Center (ELJCC) is a high-end 15-storey building with three basement-level parking areas. It occupies 10,000 m2 of land area and it has a 101,608.32 m2 of gross floor area.[22] The Ground Floor level is a retail area, 2nd to 4th floors are studios and technical floors, 5th to 12th floors are corporate offices while 13th to 15th floors are the executive offices. It is named after the late Eugenio Lopez, Jr.. It was constructed in 2000. On 4 November 2010, which would have been Geny Lopez' 82nd birthday, Pres. Noynoy Aquino and other Philippine politicians participated in the building's dedication ceremony.[23] ABS-CBN Film Archives, the cinema library of ABS-CBN, which the Philippine Inquirer describes as the "de facto National Archives" for cinema of the Philippines, has been located in the basement of ELJCC since 2003. Out of the estimated 8,000 films created since the birth of the Philippine cinema industry, an estimated 5,000 have been lost; of the remaining 3,000, ELJCC holds 2,500 of the total.[24]

The building is listed as an approved IT Center by the Philippine Economic Zone Authority, making export-oriented companies located therein eligible for temporary tax holiday, permanent reduced rate of corporate income tax, and other incentives.[25] It gained this approval in February 2003; however ABS-CBN itself does not receive PEZA tax benefit from this status.[26]

[edit] Sound stage facility

On 17 June 2011, the conglomerate announced the construction of a ₱6 billion worth of state-of-the-art sound stage facility on a 15 hectare lot in Novaliches, Quezon City that was acquired later that year by the Lopez for ₱75 million. The ABS-CBN Sound Stages will be comprised by six sound stages and a backlot. The first three sound stages are expected to be completed by 2013 with a cost spiraling up to ₱3 Billion. The project is said to decrease the production cost by ₱100 million annually. The officials also said that the facility ones finished will also be made available for foreign producers. [27][28]

[edit] Regional Network Group

Main article: List of ABS–CBN Corporation channels and stations

The Regional Network Group (RNG) is the provincial network subsidiary of ABS-CBN Corporation. It is responsible for simultaneously airing most of the shows seen on ABS-CBN's flagship station in the provinces. The Regional Network Group has several stations in each region outside Mega Manila to ensure nationwide coverage. The local stations also produce their own newscasts which air prior to TV Patrol and other local programming which air on Sundays. Regional Network Group (RNG) glorified its roots while reaching out wider audience in 2007, consistently building on local content and developing infrastructure to deliver better service and cement its position as the top-rating regional network in the country. RNG's journey of innovation reached Filipinos through the network's 43 TV and 16 radio stations, and even went the extra mile to cross the oceans and touch OFW's everywhere. Regional versions of favorite TV shows were created, enabling ABS-CBN to reach out and connect with wider audiences worldwide. The launch of the local game show Kapamilya Winner Ka! in Visayas and Mindanao. Gandang Umaga, Pilipinas in Northern Luzon, and the 17th local TV Patrol in Southern Tagalog (Region IV-A & IV-B), provided more relevance to regional audiences. On 29 January 2011, Charie Villa was appointed as the new head of RNG.[29] On 15 April 2011, RNG launched ChoosePhilippines, a new website aimed to promote tourism in the Philippines by sharing photos and stories of the most extravagant places, culture, and arts of the Philippine island.[30]

[edit] Digitalization

[edit] DTV

ABS-CBN Corporation first applied for a license from the National Telecommunications Commission to operate a digital television service in 2007, initially utilizing the DVB-T standard.[31] In Metro Manila, ABS-CBN planned to offer DWWX-TV and DWAC-TV, plus 6 other premium channels through its digital television platform. It also planned to help supply DTV converter boxes in areas where reception is weak, such as Valenzuela, Bulacan, Rizal, Cavite and Laguna. The conglomerate is expected to spend ₱1 billion annually for the next 5 years for its DTV plan.[32] ABS-CBN utilized UHF Channel 51 (692–698 MHz) for test broadcasts in the DVB-T format. ABS-CBN was originally expected to begin digital broadcasts in January 2009.[31][33]

On 11 June 2010, the NTC announced that it would officially adopt the Japanese DTV standard ISDB-T for the transmission of digital television in the country.[34] A month before the NTC's Technical Working Group would begin to implement regulations regarding digital television, a representative for GMA Network, Inc. objected to its decision to use ISDB-T, proposing a review of using DVB-T2 for digital television instead, due to its superior quality.[35] However NTC decided not to, and stick with ISDB-T in preparation to introduce regulations for DTV in June 2011.[36]

In April 2011, the conglomerate announced further details about its DTV plans, which would offer ABS-CBN 2, Studio 23 as well as the affiliate networks GEM TV and PTV 4. In addition, five new channels which will be exclusively available to its digital users will be offered once the digital broadcast start. The premium channel line-up include three kid-oriented channels, a men oriented channel and a woman-oriented channel. The conglomerate is also planning to utilize the 1seg (One Seg) broadcast standard for handheld devices as GEM TV and PTV-4 is already utilizing the technology.[37][38]The launch of DTV in the Philippines is still pending for a "go signal" from the NTC.[39]

[edit] HD

On 19 April 2009, the conglomerate announced the acquisition of 24 Sony HDC-1400R HD portable studio cameras which cost a total of USD $1.56 million, in preparation for high definition production.[40]

In July 2009, ABS-CBN Sports produced the first domestic high definition telecast; the coverage of the UAAP Season 72 basketball game which was shown on its sports channel Balls.[41][42] In addition, two of its three Eurocopter AS355 news chopper are capable of transmitting high-definition live feeds from its 5 axis gimbal HD camera mounted on the nose of the aircraft.[43]

[edit] Tapeless

In the first quarter of 2008, the conglomerate introduced to the country the tapeless technology from EVS, a first of its kind in Southeast Asia.[42] It provided the network a non-linear post production workflow and wireless access on remote areas via media access management system utilizing the OB Van and Xt(2) provided in partnership with EVS and with the integration with WAM Pacific, Inc. and Avid Technology.[44][45]

[edit] Digital Archiving

ABS-CBN Corporation started digitizing its content in 2004.[46] In 2007, the conglomerate invested in a $4 million deal with IBM Corporation for a Media Asset Management System (MAMS) that includes a hardware infrastructure support and 2 petabytes (2000 terabytes) of storage capacity that is expected to grow by 36% over the years as ABS-CBN is already generating over 700 hours of content a month.[47] The technology, with $1.2 million deal integration with Dalet Digital Media Systems[48] and Avid Unity ISIS (Infinitely Scalable Intelligent Storage)[46] will enable ABS-CBN to digitize and store its over 200,000 hours of television content and its library of over 2000 films.[49]

[edit] Subsidiaries

These are the list of assets owned by ABS-CBN Corporation. All are wholly owned subsidiaries unless otherwise noted.

[edit] Further reading

[edit] References

  1. ^ a b c d e Villanueva, Paul Michael (13 April 2011). "ABS-CBN nets 2.4 billion for 2011" (Press release). http://www.pse.com.ph/resource/disclosures/2012/pdf/dc2012-2736_ABS.pdf. Retrieved 16 April 2012. 
  2. ^ Loyola A., James (2011-01-05). "ABS-CBN claims ratings lead in 2010". Manila Bulletin. http://www.mb.com.ph/node/296788/ab. Retrieved 2011-05-08. 
  3. ^ Noel Orsal. "ABS-CBN shows grabbed top 10 slots nationwide in 1Q 2011, based on Kantar Media data | PEP.ph: The Number One Site for Philippine Showbiz". PEP.ph. http://www.pep.ph/guide/tv/7985/abs-cbn-shows-grabbed-top-10-slots-nationwide-in-1q-2011,-based-on-kantar-media-data. Retrieved 2011-05-08. 
  4. ^ Red, Isah V. (2011-02-04). "Kapamilya reclaims no.1 spot – 2011/february/5". Manila Standard Today. http://www.manilastandardtoday.com/insideEntertainment.htm?f=2011/february/5/entertainment1.isx&d=2011/february/5. Retrieved 2011-05-08. 
  5. ^ Austria, Jenniffer B.. "ABS-CBN posts P3.2-b net profit – 2011/april/13". Manila Standard Today. http://www.manilastandardtoday.com/insideBusiness.htm?f=2011/april/13/business3.isx&d=2011/april/13. Retrieved 2011-05-08. 
  6. ^ Shareholders FAQS, http://ir.abs-cbn.com/ir/shareholderfaqs.aspx, retrieved 27 March 2012 
  7. ^ "Farewell to the Father of Philippine Television". ABS-CBN.com. http://www.abs-cbn.com/headlines/Article/3285/Farewell-to-the-Father-of-Philippine-Television.aspx. Retrieved 2011-05-08. 
  8. ^ a b c d e f g h Anastacio, Ellen Joy; Badiola, Janine Natalie (1 January 2010). "The History of Philippine Television". UP-CMC Broadcast Department. http://pinoytv.blogspot.com/. Retrieved 27 March 2012. 
  9. ^ ABS-CBN changes corporate name, http://lopezlink.ph/business-news/1129-abs-cbn-changes-corporate-name, retrieved 01 June 2010 
  10. ^ , Company Description, retrieved 15 March 2012 
  11. ^ Charo Logata. "ABS-CBN confirms IPO for Global". ABS-CBN Interactive. http://www.abs-cbnnews.com/storypage.aspx?StoryID=63141. Retrieved April 7, 2007. [dead link]
  12. ^ Vanzi, Sol Jose (1 Novemmber 2003), ABS-CBN'S 50TH YEAR CELEBRATES PHILIPPINE TELEVISION, http://www.newsflash.org/2003/05/be/be002608.htm, retrieved 27 March 2012 
  13. ^ Sol Jose Vanzi (November 1 2003). "ABS-CBN'S 50th Year Celebrates Philippine Television". The Philippine Star. http://www.newsflash.org/2003/05/be/be002608.htm. Retrieved April 7, 2007. 
  14. ^ Bong Austero (2007-11-20). "A network’s saga". Manila Standard Today. http://www.manilastandardtoday.com/?page=bongAustero_nov20_2006. Retrieved 2007. 
  15. ^ Butch Del Castillo (2007-09-05). "Geny Lopez and his values". Business Mirror. http://newsinfo.inquirer.net/breakingnews/sports/view_article.php?article_id=86057. Retrieved 2007. 
  16. ^ "Inquirer columnists win National Book Awards". Philippine Daily Inquirer. http://newsinfo.inquirer.net/breakingnews/sports/view_article.php?article_id=86057. Retrieved 2007. 
  17. ^ "ABS-CBN wins 6 Gold Quill awards". ABS-CBN News. http://www.abs-cbnnews.com/storypage.aspx?StoryId=99180. Retrieved 2007. 
  18. ^ Dimaculangan, Jocelyn (01 October 2007). "ABS-CBN acquires Fernando Poe, Jr. movie library". http://www.pep.ph/guide/tv/1149/abs-cbn-acquires-fernando-poe-jr-movie-library-. Retrieved 28 March 2012. 
  19. ^ Dimaculangan, Jocelyn (2 May 2008). "ABS-CBN is 7th most admired company in RP—The Wall Street Journal Asia". Philippine Entertainment Portal. http://www.pep.ph/news/17348/abs-cbn-is-7th-most-admired-company-in-rp%97the-wall-street-journal-asia/1/1. Retrieved 6 April 2012. 
  20. ^ a b "ABS-CBN tops corporate governance survey among RP media | ABS-CBN News | Latest Philippine Headlines, Breaking News, Video, Analysis, Features". ABS-CBN News. 2009-04-27. Archived from the original on 13 June 2011. http://www.abs-cbnnews.com/business/04/27/09/abs-cbn-beats-media-firms-corporate-governance-survey. Retrieved 2011-05-08. 
  21. ^ What is ABS-CBN?, http://reocities.com/TelevisionCity/network/5833/abscbn.html, retrieved 21 March 2012 
  22. ^ Eugenio Lopez Jr. Communication, http://manilaofficespace.com/quezon-city/quezon-city-offices/eugenio-lopez-jr-communication, retrieved 19 March 2012 
  23. ^ "Philippine Entertainment Portal: PNoy leads ABS-CBN dedication ceremony of ELJCC building". Pep.ph. http://www.pep.ph/photos/1982/PNoy_leads_ABS-CBN_dedication_ceremony_of_ELJCC_building/num/1. Retrieved 2011-05-08. 
  24. ^ "Philippine Inquirer: Inside the Kapamilya film vaults". Showbizandstyle.inquirer.net. http://showbizandstyle.inquirer.net/entertainment/entertainment/view/20100912-291865/Inside-the-Kapamilya-film-vaults. Retrieved 2011-05-08. 
  25. ^ "Philippine Economic Zone Authority: IT Parks/Centers". Peza.gov.ph. http://www.peza.gov.ph/index.php?option=com_content&view=article&id=116&Itemid=161&nature=IT%20Parks/Centers. Retrieved 2011-05-08. 
  26. ^ ABS-CBN Consolidated Financial Statements (page 67)
  27. ^ Iglesias, Myla, ABS-CBN to build P6B sound stages, http://www.malaya.com.ph/june17/busi7.html, retrieved 17 June 2011 
  28. ^ The first Philippine TV network to build soundstages soon to rise: abs-cbn's state of art, http://www.philippineasiannewstoday.com/people/television/5909-the-first-philippine-tv-network-to-build-soundstages-soon-to-rise-abs-cbns-state-of-art.html, retrieved 14 October 2011 
  29. ^ Jarloc, Glaiza, Charie Villa leads ABS-CBN's Regional Network Group, http://www.sunstar.com.ph/manila/entertainment/charie-villa-leads-abs-cbns-regional-network-group, retrieved 29 January 2011 
  30. ^ ABS-CBN Regional Network Group launches Choose Philippines site, http://www.abs-cbn.com/Feature/Article/9554/ABS-CBN-Regional-Network-Group-launches-Choose-Philippines-site-.aspx, retrieved 16 April 2011 
  31. ^ a b "ABS-CBN to launch digital TV – INQUIRER.net, Philippine News for Filipinos". Showbizandstyle.inquirer.net. http://showbizandstyle.inquirer.net/entertainment/entertainment/view_article.php?article_id=87487. Retrieved 2011-05-08. 
  32. ^ Galicia, Loui (September 2007). "ABS-CBN continues preparation for digital TV". ABS-CBNNews.com. http://www.abs-cbnnews.com/storypage.aspx?StoryId=92374. Retrieved 2007-09-22. [dead link]
  33. ^ "ABS-CBN unit to roll out digital TV-based teaching". Businessmirror.com.ph. 2010-08-25. http://www.businessmirror.com.ph/index.php?option=com_content&view=article&id=496:abs-cbn-unit-to-roll-out-digital-tv-based-teaching&catid=24:companies&Itemid=59. Retrieved 2011-05-08. 
  34. ^ "Business - NTC chooses Japan digital TV standard for RP - INQUIRER.net". Business.inquirer.net. 2010-06-09. http://business.inquirer.net/money/topstories/view/20100611-275093/NTC-chooses-Japan-digital-TV-standard-for-RP. Retrieved 2011-05-08. 
  35. ^ Dagcutan, Aura Marie. "European standard better, says TV exec". BusinessWorld. http://www.bworld.com.ph/content.php?title=European+standard+better%2C+says+TV+exec&id=25823. Retrieved 2011-02-20. 
  36. ^ Montecillo, Paolo. "NTC chooses Japan digital TV standard for RP". Inquirer. http://business.inquirer.net/money/topstories/view/20100611-275093/NTC-chooses-Japan-digital-TV-standard-for-RP. Retrieved 2011-02-20. 
  37. ^ Rommel Pedrealba (director) (2011). ANC Future Perfect: TV Goes Digital 2/5 (Television production). Philippines: ABS-CBN News and Current Affairs. http://www.youtube.com/watch?v=jgjkEiepBns. 
  38. ^ Rommel Pedrealba (director) (2011). ANC Future Perfect: TV Goes Digital 3/5 (Television production). Philippines: ABS-CBN News and Current Affairs. http://www.youtube.com/watch?v=JCW5zCrVsBM. 
  39. ^ "ABS-CBN to launch 5 new premium channels on free-to-air TV". Lopezlink.ph. 2011-04-04. http://lopezlink.ph/entertainment/1760-abs-cbn-to-launch-5-new-premium-channels-on-free-to-air-tv. Retrieved 2011-05-08. 
  40. ^ ABS-CBN Philippines launches High Definition with Sony HDC-1400 High Definition Portable Studio Cameras, http://www.sony-asia.com/pressrelease/asset/313561/section/pressreleases, retrieved 20 March 2012 
  41. ^ "ABS-CBN airs UAAP on high-definition". Manila Bulletin. http://www.mb.com.ph/node/210146/ab. Retrieved 20 May 2012. 
  42. ^ a b "ABS-CBN Chooses EVS Tapeless Solutions for Studio and OB Facilities". 4 August 2009. http://www.wampacific.com/projects_c.htm. Retrieved 27 March 2012. 
  43. ^ presenter: Tony Velasques publisher: ABS-CBN News and Current Affairs (2010). "Future Perfect: ABS-CBN's Broadcast Technology in a Digital Age". Quezon. ABS-CBN. The ABS-CBN News Channel. http://www.youtube.com/watch?v=aDYlQv_gFF4. 
  44. ^ ABS-CBN Goes Tapeless, http://www.tvtechnology.com/article/60892, retrieved 23 April 2008 
  45. ^ ABS-CBN launches HD broadcasts with multiformat switchers, archived from the original on 31 October 2009, http://www.onscreenasia.com/article-5936-abscbnlauncheshdbroadcastswithmultiformatswitchers-onscreenasia.html, retrieved 02 October 2009 
  46. ^ a b "Creation". APB (softpressmedia.com): 16-17. December 2010. http://apb.softpressmedia.com/default.aspx?iid=43262&startpage=page0000016. 
  47. ^ "IBM Philippines Bolsters ABS-CBN's Digital Content Management" (Press release). IBM Corporation. 11 April 2008. http://www-03.ibm.com/press/us/en/pressrelease/23886.wss. Retrieved 8 April 2012. 
  48. ^ Dolan, Janice (17 June 2008). "Dalet Inks 1.2 Million Dollar Media Asset Management and Digital Archive Deal With ABS-CBN". Zazil Media Group. http://www.dalet.com/dalet-inks-1-2-million-dollar-media-asset-management-and-digital-archive-deal-with-abs-cbn/. Retrieved 8 April 2012. 
  49. ^ Casiraya, Lawrence (6 March 2008). "ABS-CBN taps IBM to store digital video archives". Inquirer.net. http://technology.inquirer.net/infotech/infotech/view/20080306-123156/ABS-CBN-taps-IBM-to-store-digital-video-archives. Retrieved 8 April 2012. 
  50. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at "Quarterly Report (pages 8 to 9)". 31 March 2011. http://www.lopez-holdings.ph/~lholding/uploads/files/Blurb-28_File-470_LopezHoldings_17Q_Mar2011.pdf. Retrieved 27 March 2012. 
  51. ^ San Francisco International Gateway (An ABS-CBN Company). Satellite Markets & Research. 2010. http://www.youtube.com/watch?v=ddJ0WACFXII. 
  52. ^ Reyes, Mary Ann (13 May 2011). "ABS-CBN profit drops 10% to P976M in first quarter". Philippine Star. http://www.philstar.com/Article.aspx?articleId=685416&publicationSubCategoryId=66. Retrieved 06 April 2012. 

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