Tag: ABS-CBN
Manila, Philippines — Advanced Media Broadcasting System Inc. (AMBS), the owner and operator of ALLTV, has secured a licence from ABS-CBN to broadcast the Kapamilya Channel on ALLTV starting January 2, 2026. From that date, ALLTV viewers will be able to watch ABS-CBN programmes including FPJ’s Batang...
Manila, Philippines — Media giant ABS-CBN confirms receiving a notice of termination of its Content Supply Agreement with TV5, signalling an end to its supposed five-year agreement. Signed in 2023, the dispute arose when reports of ‘delayed payment’ as well as ‘ploying to delay’ the payment of almost...
“We are committed to providing those affected with full benefits and support, and are deeply grateful for their many years of service to the company and to the public,” ABS-CBN said in a press statement.
MARKETECH APAC checked both stock disclosures of PLDT and ABS-CBN for further information, but no other details of the reason for the acquisition cancellation have been disclosed as of this writing.
According to the company, the closure was brought by financial losses it had experienced since 2020.
According to ABS-CBN, its recent partnership reflects its cross-border endeavours, such as international co-productions, content adaptations, and multilingual distributions, which is deemed a ‘timely opportunity’ for them.
ABS-CBN has signed a deal with US-based global media conglomerate Warner Bros. Discovery to bring ABS-CBN’s lifestyle programs in Asia.
This is just barely a month after Philippine media giants ABS-CBN and TV5 have announced their sales and purchase agreement.
ABS-CBN and TV5 said that the pause will give the space for both media organisations to respond to the issues, and accommodate any relevant changes to the terms.
The recent news by Bilyonaryo said that the network is planning a physical office in Hollywood, and is looking for an assistant/coordinator.
