ABS-CBN, a privately owned Filipino entertainment and media company headquartered in the Philippines, was founded in 1953. Operating as a tier 1 media tech buyer, the company employs an estimated 6,000 individuals and reported $379.8M in revenue as of 2023. It specializes in broadcast television and radio.
I&C Holdings Corp. invested ₱1.5 billion into ABS-CBN Corp. as part of a planned ₱3.5-billion investment but is holding back ₱2 billion to avoid potential inherited liabilities like loans, according to a September 8 report. Previously, on September 3, ABS-CBN News expanded the broadcast of its digital shows, including “Philippines’ Most Shocking Stories,” “Philippines’ Oddest Jobs,” and “Oh My Gan!,” to free television. On August 31, CARMELLE's "Sobra-Sobra," an anthem of women’s empowerment composed by Nica del Rosario and Mat Olavides, was selected to represent the Philippines at the inaugural Eurovision Song Contest Asia 2026 in Bangkok, Thailand. Earlier on August 27, ABS-CBN productions and talent earned recognition at the ContentAsia Awards 2026 in Bangkok, with Angelica Panganiban, “Call Me Mother,” and “It’s Okay to Not Be Okay” receiving honors. This followed an earlier August 27 announcement that ABS-CBN expanded its board from 7 to 9 members as I&C was reported to be leading a P5.7 billion infusion.
ABS-CBN offers 2 products in the media and telecoms services industry. ABS-CBN's product portfolio comprises of other media and broadcast television and radio.
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ABS-CBN's revenues were less than $500M in 2023. Caretta Research has split ABS-CBN's revenue into 2 different product categories, the largest of which is linear (thematic channel groups). For full access to ABS-CBN's revenue breakdown subscribe to Caretta Portal.
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