Nine Media Corporation
 |
|
| Subsidiary | |
| Traded as | Nine Media Corporation |
| Industry | Media company |
| Predecessor | Solar Television Network, Inc. (2010 -2014) |
| Founded | January 5, 2010 |
| Founder | Wilson Y. Tieng Willy Y. Tieng William Y. Tieng |
| Headquarters | Ground Floor Worldwide Corporate Center, EDSA corner Shaw Boulevard, Mandaluyong City, Philippines |
|
Area served
|
Nationwide Worldwide |
|
Key people
|
Armie Jarin-Bennett (President) Benjamin Ramos (Vice President) |
| Products | CNN Philippines |
| Services | Free-to-air TV and radio broadcasting, Cable television, publishing, news, websites |
| Revenue | PHP169.6 million (FY 2015) |
| PHP-651.85 million (FY 2015) | |
| Owner | ALC Group of Companies |
|
Number of employees
|
328 (FY 2015) |
| Parent | ALC Group of Companies (Aliw Broadcasting Corporation) |
| Divisions | CNN Philippines News and Current Affairs |
| Subsidiaries | Radio Philippines Network (34%) |
Nine Media Corporation (formerly known as Solar Television Network, Inc. or STVNI) is a Filipino-based media company. Formerly a wholly owned subsidiary of Solar Entertainment Corporation (SEC), a multimedia television and film company of the Tieng family, it is now solely owned by the ALC Group of Companies of the late Amb. Antonio Cabangon Chua. Its headquarters are located at the Ground Floor of the Worldwide Corporate Center, Epifanio de los Santos Avenue corner Shaw Boulevard, Mandaluyong City, sharing with its former parent Solar Entertainment.
It owns and operates television network CNN Philippines, as well as the 34% minority share of former state-owned media giant Radio Philippines Network (RPN).
Solar Entertainment launched Solar TV in the early 2000s, which was later renamed to Solar USA ("Ultimate in Suspense and Action") and then to USA. USA was split into two channels, Jack TV and Crime/Suspense, in 2005.
Solar TV launched last November 28, 2009 on RPN at 11:00am with a slogan It's A Bright New World. In October 31, 2010, it changed some of its programming content to English/Tagalog with a new slogan Kung Saan Lahat Panalo!.
After Solar Entertainment Corporation acquired 34% of RPN's shares from the Philippine government as part of RPN/IBC privatization in 2011, Solar TV was morphed into a corporate television arm of Solar Entertainment and the Radio Philippines Network (RPN) brand will remain unchanged. The new company launched an all talk/news channel Talk TV in March 2, 2011, co-owned by Solar TV itself and SBN while ETC replaced Solar TV on RPN. Talk TV would later change its name to Solar News Channel on October 30, 2012.
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