Solar Entertainment Corporation
| Private | |
| Industry | Media company |
| Founded | January 3, 1976 (as a TV moviemaking) July 15, 1988 (as a film distribution company) June 17, 2000 (as a cable channels network) January 1, 2008 (as a broadcast company) |
| Founder | William Y. Tieng Willy Y. Tieng |
| Headquarters | Third Floor, Worldwide Corporate Center, EDSA corner Shaw Boulevard, Mandaluyong City, Philippines |
|
Area served
|
Nationwide |
|
Key people
|
Wilson Y. Tieng (Chairman, President and CEO) Georgett Tengco (Vice President for Channel Management) Gregorio Perez (CFO) |
| Products | ETC, 2nd Avenue, Jack TV, CT, Basketball TV, Solar Sports, Solar All Access, NBA Premium TV, Shop TV, Solar Films |
| Services | Free-to-air TV channels and shows, radio broadcasting, cable television, local and international film distribution, film-making, entertainment, television programs and production, news, sports, websites |
| Revenue | PHP1.372 billion (FY 2015) |
| PHP124.43 million (FY 2015) | |
| Owner | Solar Films Inc. (38%) Wilson Y. Tieng (21%) William Y. Tieng (15%) |
| Divisions | ETC Productions |
| Website | www |
Solar Entertainment Corporation (simply known as Solar or SEC) is a Filipino media company founded and owned by the siblings of the Tieng family (Wilson, William and Willy Tieng). Private stockholders, however, manage a minority share of the company.
Solar Entertainment operates five free-to-air channels (one through Solar's subsidiary SBN and a blocktime agreement with RJTV, plus three digital-only channels) and four cable channels. Solar also owns a film distribution company (Solar Films).
Solar Entertainment was founded and established by the brothers William Tieng, Wilson Tieng and Willy Tieng in 1976. Solar Films was then formed in 1988 (one of the first films that distributed by Solar Films is Rambo III of Silvester Stalone), bringing international films (and later, local films since 2009) to the Philippines. Since 2012, Solar has collaborated with independent film director Brillante Mendoza for a multiple film contract. On March 18, 2015, Solar launched the Sinag Maynila film festival is, which featured five films from a talented group of directors, each with a different vision and approach. The films were shown in select SM Cinemas from March 18 to 24, 2015. The winners were announced at the “Gabi ng Parangal” on March 22.
On January 1, 1994, Solar launched on cable television as the Solar Entertainment Channel.
In 2000, DOMSAT became Solar's subsidiary. As a result, DOMSAT’s teleport is being used by Solar to produce, originate, and distribute its various television program services. Its full service digital broadcast teleport features server technology facility located in Barangay Sta. Cruz, Sumulong Highway, Antipolo City, Rizal. It is built around two encoder platforms, Scientific Atlanta Power Vu Classic(DVB) and Motorola Digicipher II(MPEG-@). Program origination is done on a SeaChange Media Cluster Server System. The facility includes a 500-square-meter studio and various linear and non-linear production bays. Solar Entertainment first launched its namesake entertainment cable channel in the early 2000s, one devoted to American programs. This channel was later known as Solar USA (the acronym stands for "Ultimate in Suspense and Action"), and then later simply as USA before it was replaced by two separate channels.
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Wikipedia