ABC Development Corporation
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TV5's transmitter and original studio complex in Novaliches, Quezon City
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| Subsidiary | |
| Industry | Broadcasting |
| Predecessor | Associated Broadcasting Corporation (1960-1972) Associated Broadcasting Company (1992-2008) / ABC Development Corporation (1992-2015) |
| Founded | June 19, 1960 |
| Founder | Joaquin "Chino" Roces |
| Headquarters | 762 Quirino Hi-Way, Brgy. San Bartolome, Novaliches, Quezon City, Metro Manila, Philippines (1992-2013) TV5 Media Center, Reliance cor. Sheridan Sts., Brgy. Buayang Bato, Mandaluyong City, Metro Manila, Philippines (2013-present) |
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Area served
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Worldwide |
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Key people
|
Manuel V. Pangilinan (Chairman) Vincent Reyes (President and CEO, TV5 & Media5) Rod Nepomuceno (First Vice President for Sales) Anna Isabel V. Bengzon (CFO) |
| Revenue |
 PHP1.795 billion (FY 2014)
|
|
PHP-3.862 billion (FY 2014)
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| Total assets |
 PHP8.84 billion (FY 2011)
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| Owner |
MediaQuest Holdings (29.13%) Upbeam Investments, Inc. (28.87%) Telemedia Business Ventures, Inc. (25%) Med Vision Resources, Inc. (16.67%) |
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Number of employees
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600+ (FY 2017) |
| Parent |
PLDT (MediaQuest Holdings) |
| Divisions |
Currently: News5 Sports5 Digital5 Rescue5 Alagang Kapatid Foundation Former: TV5 Entertainment Group Talent5 |
| Subsidiaries |
Currently: CineMabuhay Media5 Marketing Corporation Nation Broadcasting Corporation Pilipinas Global Network Ltd. TV5 International Former: Studio5 |
| Website | tv5.com.ph |
TV5 Network Inc. (formerly known as Associated Broadcasting Company / ABC Development Corporation) is a Filipino media company based in Mandaluyong City since December 2013. It is owned by MediaQuest Holdings, Inc., a wholly owned subsidiary of the PLDT headed by business tycoon Manuel V. Pangilinan.
Among its assets are the broadcast television networks TV5 and AksyonTV, the radio network Radyo5 News FM, satellite television channels Colours, Hyper, Bloomberg TV Philippines and Sari-Sari Channel as well as digital and online portals TV4ME Philippines, TV5.com.ph, Sports5.ph, and News5 Everywhere.
Joaquin "Chino" Roces, owner of the Manila Times was granted a radio-TV franchise from Congress under Republic Act 2945 on June 19, 1960. He then founded the Associated Broadcasting Corporation and the channel "ABC 5" with the call sign DZTM-TV and its first studios along Roxas Boulevard, becoming the fourth television network established in the country. ABC operated radio and television services from 1960 until September 21, 1972 when President Ferdinand Marcos declared Martial Law. Both ABC and the Manila Times were forcibly shut down as a result.
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Wikipedia