ABS-CBN
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The ELJ Communications Center in Diliman, Quezon City, the corporate headquarters of ABS-CBN.
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| Public | |
| Traded as | : ABS |
| Industry | Mass media |
| Predecessor | Bolinao Electronics Corporation (1946–1952, 1957–1967) Alto Sales Corporation/Alto Broadcasting System (1952–1957) Chronicle Broadcasting Network, Inc. (1956–1957) ABS-CBN Broadcasting Corporation (1967–1972, 1986–2010) |
| Founded | June 13, 1946 |
| Founder |
James Lindenberg Antonio Quirino Eugenio Lopez, Sr. Fernando Lopez |
| Headquarters | ABS-CBN Broadcasting Center, Sgt. Esguerra Avenue corner Mother Ignacia Street, Diliman, Quezon City, Philippines |
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Area served
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Worldwide |
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Key people
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Eugenio Lopez III (Chairman) Augusto Almeda Lopez (Vice chairman) Carlo Katigbak (President and CEO) Rolando P. Valdueza (CFO) Charo Santos-Concio (CCO) Cory Vidanes (COO of broadcast) |
| Revenue |
 ₱38.278 billion (FY 2015)
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₱7.940 billion (FY 2015)
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₱2.545 billion (FY 2015)
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| Total assets |
₱70.424 billion (FY 2015)
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| Total equity |
₱28.715 billion (FY 2015)
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| Owner | Lopez, Inc. (57.24%) ABS-CBN Holdings Corporation (33.97%) Public ownership (8.79%) |
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Number of employees
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9,531 (FY 2015) |
| Parent | Lopez, Inc. (Lopez Holdings Corporation) |
| Divisions |
ABS-CBN Digital Media ABS-CBN Entertainment ABS-CBN News ABS-CBN Regional ABS-CBN Sports Star Creatives |
| Subsidiaries |
ABS-CBN Convergence ABS-CBN Film Productions ABS-CBN Foundation ABS-CBN Global ABS-CBN Publishing ACJ O Shopping Creative Programs Play Innovations Sky Cable |
| Website | www.abs-cbn.com |
ABS-CBN Corporation is the largest entertainment and media conglomerate in the Philippines. It is one of the core company which makes up the Lopez Group, a group of companies and conglomerates headed by an influential Filipino family. It was formed by the merger of Alto Broadcasting System (founded as Bolinao Electronics Corporation in 1946 by American electronics engineer James Lindenberg and Antonio Quirino) and the Chronicle Broadcasting Network (founded in 1956 by media tycoon Eugenio Lopez, Sr. and his brother, the then-Philippine Vice-President Fernando Lopez). It was incorporated as the ABS-CBN Broadcasting Corporation on February 1, 1967, and it shortened its corporate name to simply ABS-CBN Corporation in 2010 to reflect the company's diversification. The common shares of ABS-CBN was first traded in the in July 1992 under the ticker symbol ABS and as of March 2016 has a market capitalization of over 50 billion pesos.
It owns and operates two national television networks (ABS-CBN and S+A), two regional radio networks (Radyo Patrol and My Only Radio For Life!), six international television channels (ABS-CBN News Channel, S+A, Cinema One, Lifestyle, Myx TV, and The Filipino Channel), two international radio channels (MOR 101.9 and DZMM Radyo Patrol 630), along with subsidiaries and divisions dealing in telecommunications (ABS-CBN Mobile and Sky), cable television programming and distribution (ABS-CBN Cable Channels), news distribution (ABS-CBN News), sports programming (ABS-CBN Sports), regional programming (ABS-CBN Regional), digital media (ABS-CBN Digital Media), film and television production and distribution (Star Cinema), music and video production and publishing (Star Music), print publishing (ABS-CBN Publishing), talent development and management (Star Magic), home TV shopping (O Shopping), and a theme park (KidZania Manila). It is also the principal owner of ABS-CBN Philharmonic Orchestra along with its sister company First Philippine Holdings Corporation.
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