ABS-CBN Corporation

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ABS-CBN Corporation

logo
legal form Corporation
ISIN PHY0001Y1074
founding June 14, 1946
Seat Quezon City , PhilippinesPhilippinesPhilippines 
management Eugenio Lopez III
sales 31.7 billion PHP (2012)
Branch Mass media
Website www.abs-cbn.com

ABS-CBN Corporation is a Philippine media conglomerate and the country's largest media group with annual sales of PHP 31.7 billion  (2012).

The company was founded on June 13, 1946. Broadcasting is at the ABS-CBN Broadcast Center on Sgt. Esguerra Ave., Mother Ignacia St., Quezon City . The company is listed on the Philippine Stock Exchange Index on the Philippine Stock Exchange .

Loss of license in 2020

After a 25-year license officially expired on May 4, 2020, the station, which was considered critical of the government, lost its broadcasting license. President Rodrigo Duterte had previously threatened several times to deny the broadcaster the license renewal. Former Vice President Jejomar Binay recalled that the station had previously been closed: “We can argue about who bears more responsibility for closing ABS-CBN. But we cannot deny that the day the station went off air 48 years ago was the day democracy died. ”Back in September 1972, Ferdinand Marcos declared martial law and then ruled the country dictatorially until 1986 .

Series

Web links

Commons : ABS-CBN  - Collection of Images, Videos, and Audio Files

Individual evidence

  1. Dalet Inks 1.2 Million Dollar Media Asset Management and Digital Archive Deal With ABS-CBN. Broadcast Asia 2008 Press Release. Dalet, 2008, archived from the original on November 21, 2008 ; accessed on October 17, 2013 (English).
  2. para-CBN Corp. (ABS: Philippines). (No longer available online.) Bloomberg Businessweek , formerly the original ; accessed on October 17, 2013 (English).  ( Page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / investing.businessweek.com  
  3. Largest station in the Philippines switched off , tagesschau.de from May 6, 2020