CNNPhilippines.com
NOTE: On Jan. 31, 2024, Nine Media Corporation shut down CNN Philippines and CNNPhilippines.com due to “significant financial losses sustained over the past years.” Its license to use the CNN brand was supposed to expire in December 2024.
CNNPhilippines.com is the online arm of its television counterpart CNN Philippines. It shares with the Philippine Star online the fifth spot among top news websites being accessed by Filipinos on a weekly basis based on the 2023 Digital News Report of Reuters Institute.
The website covers various topics that are curated in different sections on its website such as local and world news, entertainment, sports, lifestyle and environment, and a repository of video reports and program episodes of CNN Philippines. It also has a progress tracker for government infrastructure projects during the Duterte administration which is already outdated.
Nine Media Corporation, the operator of CNN Philippines, is a wholly-owned subsidiary of the financial holding company JRLT-JHI Corp. Meanwhile, JRLT-JHI Corp.’s parent company is Broadreach Media Holdings, Inc.
The ultimate owner of CNN Philippines is Maria Farah Z.G. Nicolas-Suchianco through the financial holding company Broadreach Media Holdings, Inc., which owns 99.975% of stock shares in JRLT-JHI Corp.
Nine Media Corporation, the operator of CNN Philippines, is a wholly-owned subsidiary of the financial holding company JRLT-JHI Corp. Meanwhile, JRLT-JHI Corp.’s parent company is Broadreach Media Holdings, Inc.
Audience Share
24%
Ownership Type
Private
Geographic Coverage
National
Content Type
Free content
Media Companies / Groups
Nine Media Corporation
Ownership Structure
Based on corporate records, the ultimate owner of CNN Philippines is Maria Farah Z.G. Nicolas-Suchianco through the financial holding company Broadreach Media Holdings, Inc.
Nine Media Corporation, the operator of CNN Philippines, is a wholly-owned subsidiary of the financial holding company JRLT-JHI Corp. Meanwhile, JRLT-JHI Corp.’s parent company is Broadreach Media Holdings, Inc.
Broadreach Media Holdings, Inc. owns 99.975% of stock shares in JRLT-JHI Corp, while the remaining 0.25% is being held by Nicolas-Suchianco.
Nicolas-Suchianco is both the president of Broadreach Media Holdings, Inc. and JRLT-JHI Corp. She is also the corporate secretary of Nine Media Corporation.
Voting Rights
Missing Data
Individual Owner
General Information
Founding Year
2015
Affiliated Interests Founder
The public identifies CNN Philippines with Ramon S. Ang, president and CEO of San Miguel Corporation. But the name of Ang is never mentioned in the corporation papers related to CNN Philippines.
founded and led the conglomerate ALC Group of Companies, which owns various media entities such as Aliw Broadcasting Corporation, Business Mirror and 97.9 Home Radio. He also served in government as a full colonel in the defunct Philippine Constabulary in the 1970s, and as the Philippine ambassador to Laos during the presidency of Gloria M. Arroyo. He passed away a year after CNN Philippines debuted in 2015.
Affiliated Interests Ceo
a certified public accountant, concurrently serves as the president of Nine Media Corporation and as treasurer of its parent company JRLT-JHI Corp. In 1990, he began working for Cabangon-Chua as administrator. Currently, he also serves in various capacities in ALC Group of Companies: vice chairman of the board of directors of Citystate Savings Bank; president of Philippine Graphic Publications Inc., Philippine Business Daily Mirror Publishing, Inc. and Radio Philippines Network. He is also a director in the conglomerate’s Eternal Gardens Group of Companies and Fortune Insurance Group.
Affiliated Interests Editor-In-Chief
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Affiliated Interests other important people
is the president, chairperson and 100% owner of Broadreach Media Holdings, Inc., the ultimate parent company of Nine Media Corporation, which owned and operated the channel CNN Philippines. She is a lawyer and holds leadership positions in over 30 companies.
chairman of the ALC Group of Companies, is concurrently serving as chairman of the Nine Media Corporation and JRLT-JHI Corp. He holds various positions in companies under their conglomerate such as chairman of the Citystate Savings Bank, Eternal Gardens Memorial Park Corporation, and the Filipino-language daily tabloid Pilipino Mirror. He is also the president of Citystate Tower Hotel and Asian Security Agency.
concurrently serves as assistant corporate secretary of Nine Media Corporation and Broadreach Media Holdings, Inc. She is also a board member of JRLT-JHI Corp. She is a lawyer who is part of the corporate practice group led by Nicolas-Suchianco. She also serves as the compliance officer of Synergy Grid & Development Phils., Inc.
is a board member and the treasurer of Nine Media Corporation.
a lawyer, is the corporate secretary of JRLT-JHI Corporation and corporate secretary/treasurer of Broadreach Media Holdings, Inc. He also works for Gerodias Suchianco Estrella law firm as co-head of its tax practice group and as member of the corporate and securities practice groups. Just like Co and Nicolas-Suchianco, he also holds various positions in different companies including Cyber Bay Corporation and Synergy Grid & Dev’t Philippines, Inc.
is a member of the board of directors of Broadreach Media Holdings, Inc. He shortly worked for Rappler.com as a social media producer in 2013. After five years, he passed the bar exam and began working for Gerodias Suchianco Estrella law firm in 2019 as part of Nicolas-Suchianco’s corporate practice group.
is a member of the board of directors of Broadreach Media Holdings, Inc. He is a junior partner at Gerodias Suchianco Estrella law firm and is part of its litigation, labor, and immigration practice groups.
Contact
Upper Ground Floor, Worldwide Corporate Center, Shaw Boulevard, Mandaluyong City, Philippines 1552
Telephone No.: (632) 8548-4688
Website: cnnphilippines.com
Financial Information
Revenue (in Mill. $)
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Operating Profit (in Mill. $)
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Advertising (in % of total funding)
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Market Share
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Further Information
Headlines
Meta Data
Audience share is based on Reuters Institute for the Study of Journalism’s Digital News Report 2023 for the Philippines.
Conversion rate on Oct. 17, 2023: PhP56.836 per US$1.
Annual report for 2022, Cyber Bay Corporation, Accessed on 5 November 2023
