92.3 Radyo5 True FM
Unlike most FM radio stations that typically air all music, 92.3 Radyo5 True FM distinguishes itself as one of a handful in the Philippines with a dedicated set of programming for news and current affairs. Other programs in its lineup tackle entertainment, health, sports, business, finance, life and inspiration.
92.3 True FM, popularly known as Radyo5, is the flagship radio station of TV5 Network, Inc. , whose parent company is MediaQuest Holdings, Inc, the media arm of PLDT and its pension trust fund. Both PLDT and MediaQuest are led by Manuel “Manny” V. Pangilinan as chairman of the board. Ultimately, PLDT is part of the conglomerate of Hong Kong-based First Pacific of Indonesian business tycoon Anthoni Salim, with Pangilinan as managing director and chief executive officer.
In 2010, when MediaQuest Holdings, Inc. acquired the television channel TV5, its owner TV5 Network, Inc. launched Radyo5 as 92.3 News FM. In March 2023, the station officially rebranded as “True FM”, with a new diverse set of programs, including news, entertainment, and inspiration.
The station simulcasts well-known news and public service programs by its sister television outlets One PH and TV5 such as "Ted Failon DJ Chaha sa Radyo5" hosted by Ted Failon and DJ Chacha and "Wanted sa Radyo" of Sen. Raffy Tulfo.
In August 2023, the People Management Association of the Philippines (PMAP) awarded Radyo5 and its free-to-air television counterpart TV5 as the radio and television stations of the year, respectively. PMAP, an association of human resources professionals and people managers, gives awards to the media for their outstanding works “that enhance public understanding of the role and impact of sound people management in both public and private sector in the country.”
Unlike top radio companies GMA and Manila Broadcasting Corporation with nationwide coverage, Radyo5 is still working on reaching a wider audience. Radyo5 program supervisor Cherry Bayle recognized this as a “technical difficulty” during the launch of True FM, saying that improving the reception of the station is now “one of their priorities.” The Nation Broadcasting Corporation, also a subsidiary of MediaQuest, is the operator of radio frequency of Radyo5.
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Ownership Type
Private
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Content Type
Free content
Media Companies / Groups
MediaQuest Holdings, Inc.
Ownership Structure
Radyo5’s operator TV5 Network, Inc. is a subsidiary of MediaQuest Holdings, Inc., the media arm of the PLDT group of companies incorporated through its pension funds in 1999.
MediaQuest owns 99.7% of TV5 through its 29.13% direct shares in the company and indirectly through the stocks of its wholly-owned holding companies Upbeam Investments, Inc. (28.87%), Telemedia Business Ventures (25%), and Med Vision Resources, Inc. (16.7%).
The company is chaired by Filipino businessman Manuel “Manny” V. Pangilinan, who also heads the conglomerates PLDT and Metro Pacific Investments Corporation (MPIC). Both PLDT and MPIC belong to the Hong Kong-listed First Pacific group of companies led by its chairman Indonesian businessman Anthoni Salim, with Pangilinan as managing director and chief executive officer.
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Individual Owner
General Information
Founding Year
2010
Affiliated Interests Founder
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Affiliated Interests Ceo
started as president and chief executive officer of TV5 Network, Inc. on Feb. 1, 2023, replacing Robert P. Galang who concurrently leads TV5 and Cignal TV, Inc. He previously worked as a vice president and head of marketing of Cignal TV, Inc., with MediaQuest Holdings, Inc. citing him as instrumental in growing its cable subscriber base from 500,000 to 4.3 million.
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has been the program supervisor of Radyo5 since 2010. After graduating as a broadcasting major at the University of the Philippines Diliman in 1985, she worked for DWRK-FM (96.3 WRocK) as the program and operations director until 2008. She also worked for the online extension of WRocK Manila as program director until May 2010.
is the general manager of Radyo5/Nation Broadcasting Corporation of the Philippines (NBC). He has been a board director of Kapisanan ng mga Brodkaster ng Pilipinas since December 2022.
a broadcast journalist, is a host of the popular program “Wanted sa Radyo”, which is simultaneously aired on Radyo5, One PH and on their affiliated social media channels.
sits as a board member of TV5 Network, Inc. and Cignal TV, Inc. He is the president of Hastings Holdings, Inc., a subsidiary holding company that manages the print media brands under the MediaQuest group which include the PhilStar Media Group. He is the president/CEO of broadsheet The Philippine Star, tabloids Pilipino Star Ngayon, The Freeman, Pang-Masa, Banat and business paper BusinessWorld.
concurrently serves as the president and CEO of MediaQuest Holdings, Inc. and its subsidiaries Cignal TV, Inc., and Nation Broadcasting Corporation of the Philippines. She is also a member of the board of directors of MediaQuest subsidiaries TV5 Network, Inc., and SatVentures, Inc. She already served as president of Cignal from 2016 to 2020, and as concurrent president and CEO of Cignal and TV5 from 2019 to 2020. Before returning to Cignal in January 2023, she served as a senior vice president and head of consumer wireless business of Smart Communications, Inc., a mobile telecommunication subsidiary of PLDT.
a board member of TV5 Network, Inc., also sits on the board of various companies under the MediaQuest group such as Cignal TV, Inc. (member) and chairman of PhilStar Daily, Inc., Pilipino Star Ngayon, Inc., and PhilStar Global Corporation. In January 2016, he was appointed as an associate director in First Pacific to oversee the group’s businesses in the Philippines and its region, which has 57.2% beneficial ownership in PLDT through its Philippine affiliates. He is also part of the board of companies under the MPIC and PLDT conglomerates such as Meralco, Smart Communications, Inc. and PLDT Global, Inc.
a board member of TV5 Network, Inc,. is the president of the PLDT subsidiary Pilipinas Global Network Limited (PGNL), also known as Kapatid International, which was incorporated in the British Virgin Islands in 2011. PGNL is the international distributor and licensee of the programs, shows, films and channels of TV5, Cignal and other content providers.
is a board member of TV5 Network, Inc., Cignal TV, Inc., PhilStar Global Corporation, PLDT and its subsidiary Smart. She is also an independent director of Pru Life Insurance Corporation of U.K. and Cemex Holdings Philippines, Inc., and a trustee of Asian Institute of Management (AIM). Just like Pangilinan, who is part of the board of governors of AIM, she is a graduate of Wharton School of the University of Pennsylvania.
Contact
Reliance Street, Mandaluyong, Philippines, 1550
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Email: radyo5nbc@gmail.com
Website: news.tv5.com.ph/radyo5
Financial Information
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Market Share
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Further Information
Meta Data
Radyo5 is included in the sample as among the few FM radio stations in the Philippines with dedicated news and public affairs programs. It is also part of the media conglomerate under MediaQuest Holdings, Inc.
Conversion rate on Oct. 17, 2023: PhP56.836 per US$1.
Sources
Media Landscape Report for Quarter 2, 2023, available upon purchase from Nielsen Company (US), LLC
