Wednesday, 30 April 2025
16 Apr 2025
5:41PM
ABS-CBN gets P5-B BPI loan extension after property sale to Ayala Land
By: Miguel R. Camus
The Lopez family-led ABS-CBN Corp. secured a six-month debt reprieve from one of its key lenders, Ayala Group-backed Bank of the Philippine Islands (BPI), for a P5 billion loan.
16 Apr 2025
10:21AM
GMA-Gokongwei news venture PEP.ph nears profitability after cutting 2024 losses by 86%
By: Miguel R. Camus
Philippine Entertainment Portal (PEP), an online news site known for breaking salacious celebrity gossip, is close to breaking even itself after years of operating in the red.
15 Apr 2025
6:27PM
GMA books lower 2024 profit; finishes strong on political ads, box office hits
Television broadcast giant GMA Network ended 2024 with a net income of P2.07 billion, down 35 percent from P3.16 billion the year before, as early-year ad cuts and shifting viewer behavior weighed on earnings.
15 Apr 2025
4:04PM
BINI, ‘Hello, Love Again’ help ABS-CBN halve 2024 losses
The Lopez family-led media giant ABS-CBN reduced losses last year by 53 percent to P6.1 billion from P12.3 billion in 2023 thanks to the strong recovery of content production and distribution, which includes movies, news, and concerts.
2 Apr 2025
12:02PM
Against the odds: ABS-CBN named top PH media company in FinanceAsia 2025 poll
Despite losing its broadcast franchise years ago, ABS-CBN Corporation continues to lead Philippine media—clinching the Gold in FinanceAsia’s 2025 Media & Entertainment category.
31 Jan 2025
1:57PM
Antimonopoly watchdog flags weakening free TV competition after ABS-CBN shutdown
A new study by the Philippine Competition Commission (PCC) warned that competition in the free television industry has weakened after ABS-CBN Corp.’s franchise nonrenewal, leaving GMA Network with a 93 percent market share.
4 Dec 2024
1:45PM
Google launches AI workshops for Philippine newsrooms ahead of 2025 elections
The workshops aim to empower journalists to responsibly integrate AI into their reporting processes. Participants will gain hands-on experience with Google’s AI tools, including Gemini, Pinpoint, and AI Studio, to design and execute experiments.
10 Nov 2024
11:52AM
BusinessWorld shines at 33rd EJAP Awards, secures top honors for outstanding journalism
By: Miguel R. Camus
BusinessWorld, the country’s oldest business newspaper, won the News Source of the Year award at the EJAP gala on Nov. 8.
16 Oct 2024
1:22PM
ABS-CBN announces layoffs on franchise loss impact, lower ads
By: Miguel R. Camus
Media giant ABS-CBN continues to feel the impact of its television franchise loss in 2020, despite strides in slashing heavy financial losses.
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