The network, still rebuilding from the loss of its franchise in 2020, grew revenues by 6 percent to P8.28 billion, while slashing costs by 12 percent through tighter spending.
Hit shows, streaming, and concerts
Its content production and distribution business surged 29 percent to P6.36 billion, led by political ad placements, hit primetime shows like Batang Quiapo, and digital platforms such as iWant and YouTube.
Advertising revenue jumped 27 percent, while consumer revenue climbed 34 percent on strong demand for streaming, box office films, and overseas events like the BINI World Tour.
The segment trimmed its net loss by 72 percent to P535 million, with recurring earnings before interest, taxes, depreciation and amortization flipping to a P170-million profit from a P1.2-billion loss last year.
Broadband drags, but core earnings bounce back
In contrast, cable and broadband revenues dropped 33 percent to P1.92 billion as subscriber attrition continued, pulling Ebitda down 54 percent to P378 million.
Still, group Ebitda soared 2,172 percent to P568 million, with recurring EBITDA up 167 percent to ₱548 million, reflecting stronger core operations.
Content now leads ABS-CBN’s pivot away from legacy broadcasting and toward digital, live events, and global reach. With election tailwinds fading, the company’s challenge is sustaining momentum through the second half.
—Edited by Miguel R. Camus
