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ABS-CBN will continue to serve Filipinos, said Katigbak.
ABS-CBN is going to uphold its commitment to serving the Filipino people, despite losing its franchise to broadcast. This was the promise of Carlo Katigbak, president and CEO of ABS-CBN Corporation, during the virtual stockholders meeting on September 24. “Now more than ever, ...
 
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But ABS-CBN says it has not decided on what to do with the cable company.
There is a possibility that PLDT may acquire SkyCable, the cable subsidiary of the Lopezes of ABS-CBN.Also read: Who is Ivana Alawi“PLDT regularly explores opportunities available to the group that may complement our overall business strategy,” the company disclosed to the Philippine Stock ...
 
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Their parting shot: History will be the judge.
An undisclosed number of ABS-CBN employees ended their last working day Monday and headed off into an uncertain market where the coronavirus pandemic is causing the economy the bleed jobs.Christian Abuel, among the laid off workers, had a starring role in a send-off station ID. He removed his ABS-CBN ...
 
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Victor Agustin earns the ire of yet another of his column subjects.
A member of the Lopez family of ABS-CBN has written an open letter refuting the allegations of a popular newspaper columnist, calling them "irresponsible" and "wrong."Top Story: Why is there a Piece of Manila Inside Makati?In his Money-Go-Round column in the Philippine Star ...
 
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Sanchez and Roxas were wed in 2009.
TV personality Korina Sanchez says she is financially independent from her husband, Mar Roxas."Hindi ako humihingi ng pera sa asawa ko," said Sanchez, in an Instagram TV interview with G3 San Diego, reports Pep.Recapping the interview on her own Instagram account, Sanchez said ...
 
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Rodante Marcoleta is not yet finished with ABS-CBN.
SAGIP party-list representative and deputy speaker Rodante Marcoleta is not yet finished with ABS-CBN. Just 12 days after the House Committee on Legislative Franchises denied the renewal of the network’s franchise, Marcoleta now wants an inquiry into the authenticity of ABS-CBN’s land ...
 
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In service of the Filipino.
ABS-CBN is offering the government use of its transmission network to aid in the collective goal of educating Philippine students around the country as the pandemic continues to keep schools closed.The embattled network was unable to renew its congressional franchise due to ...
 
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Company says it has worked out a plan to mitigate impact of the denial of its franchise.
ABS-CBN is in discussions with its creditor banks in relation to its long-term debts, but says it is confident it will be able to satisfy its financial obligations despite the rejection of its application for new congressional franchise. In a filing with the ...
 
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The interactive kid-friendly theme park is the latest casualty of the coronavirus pandemic.
Indoor family entertainment center Kidzania is closing its doors permanently effective August 31, 2020. In a disclosure to the Philippine Stock Exchange, ABS-CBN said the impact of the coronavirus pandemic has proven to be too much for the company to handle.ABS-CBN holds the ...
 
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This is despite absence of election-related revenue this year.
GMA Network Inc. is optimistic that it will surpass 2019’s net income this year despite lower revenues during the first quarter of 2020 due to the coronavirus pandemic. “In terms of bottom line results, given a steady top line coupled with cost-cutting measures ...
 
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Angel Locsin kept this good deed a longtime secret.
Angel Locsin does not usually post on social media when she does good deeds. But this time, a TV director outed her. In a Facebook post, director and businessman Lester Pimentel Ong shares his experience working with the superstar, whom he says has ...
 
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Rumors flew that Gabby Lopez has pulled out his shares from the network.
Rumors spread of ABS-CBN chairman emeritus Eugenio “Gabby” Lopez III has left his company hanging on air by pulling out his shares from ABS-CBN Holdings. This is related to the July 14 article written by Victor Agustin for Philippine Star, whose headline reads “ABS-CBN drama: ...
 
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Choosing who gets to stay is a painful decision.
At the end of August, people will no longer be able to listen to ABS-CBN’s radio stations. This means there will be fewer channels broadcasting news on the radio. On top of this, thousands of ABS-CBN employees from around the country will lose their jobs. ...
 
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We will certainly be missing the ABS-CBN Station IDs.
No one does it better.A tradition and trademark of the Kapamilya network, these Station IDs have always been grand and stylish celebrations of special moments—such as Christmas, the longest, merriest holiday in predominantly Catholic Philippines; summertime, when schools grind to a halt ...
 
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With no programs airing, the broadcast network must bid goodbye to its employees.
ABS-CBN Corp said on July 15 it would retrench workers starting August 31 after it failed to secure a fresh franchise from Congress, earlier forewarned by CEO Carlo Katigbak as “very painful” during the COVID-19 pandemic when jobs are scarce.The layoffs will span the ...
 
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The O Shopping Channel will cease operations by the end of the year.
The fate of beleaguered broadcast network ABS-CBN still hangs in the balance, with the renewal of its congressional franchise set to be decided upon at the House of Representatives this week. But as if it didn’t already have a lot on its ...
 
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The network issued a statement to clarify matters.
GMA Network Incorporated insists it has not violated the broadcast limit of 50 years granted to broadcast companies by a congressional franchise. In a statement issued Friday, June 19, GMA Network said it was granted a congressional franchise to operate first in 1992, ...
 
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Carlo Katigbak came prepared.
ABS-CBN President and Chief Executive Officer (CEO) Carlo Katigbak answered all the allegations leveled against the broadcast network.Katigbak once again faced the scrutiny of legislators from the House of Representatives during the hearing on ABS-CBN’s franchise renewal on June 1. In the ...
 
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Atty. Christian Monsod corrects a lawmaker about the law.
"Wrong provision, wrong interpretation."This was the opinion of one of the framers of the 1987 Constitution about the alleged exceedingly expired franchise of ABS-CBN. Atty. Christian Monsod, a member of the Constitutional Assembly that framed the 1987 Constitution, allege that those who ...
 
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A GMA-7 writer also speaks up on the issue.
During yesterday's Congress hearing on ABS-CBN's franchise renewal, Deputy Speaker and SAGIP Partylist Rep. Rodante Marcoleta compared the amount of taxes paid by the embattled network and its rival GMA-7. In 2017,GMA-7 paid P1.09 billion paid compared to ABS-CBN's P421 million. In 2018, ...
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