DWPM Radyo 630
DWPM Radyo 630 is a radio channel under a joint venture partnership between Media Serbisyo Production Corporation (MSPC) and ABS-CBN Corporation of the Lopez family.
It was initially known as DZMM Radyo 630 and was broadcasting on TV and radio under ABS-CBN, and later rebranded as simply Teleradyo after it migrated online following ABS-CBN’s loss of franchise.
With ABS-CBN onboard as partner, it serves as producer for content, which is mostly similar to the programming of the station when it was still under the DZMM brand. The same anchors and program format have made it easier to draw the audience that regularly tuned in to its former station ID.
DWPM Radyo 630 now airs on the frequency used by ABS-CBN’s flagship radio station DZMM Teleradyo before the latter went off the air on May 5, 2020. It now broadcasts under the license of Baycomms Broadcasting Corporation, which is the franchise operator.
Baycomms Broadcasting Corporation, founded by Ernesto G. Yabut is owned by the Catulpos couple, Elmer and Yelcy, who also own the Brigada Group of Companies conglomerate based in General Santos City.
The entry of Prime Media into mass media has raised alarm bells because it has been mentioned in media that it is owned by House Speaker Martin Romualdez, a cousin of President Marcos, and is known to be positioning for a presidential run in 2028. However, his name does not appear in any of Prime Holdings' corporation papers.
Recent History
After the cease-and-desist order of the National Telecommunications Commission (NTC) on ABS-CBN, DZMM TeleRadyo rebranded itself as simply TeleRadyo and went back on-air (through cable) and online on May 8, 2020, to resume the programming of the former DZMM.
On June 28, 2021, TeleRadyo started to broadcast on YouTube and Facebook while select shows were being broadcast on the Kapamilya Channel and The Filipino Channel (TFC).
On May 27, 2022, TeleRadyo returned to digital free TV via A2Z channel, coinciding with the second anniversary of the rebrand. After six months, TeleRadyo was pulled out of free TV for the second time, after ABS-CBN and ZOE decided not to renew their licensing contract for the airing of the channel as one of A2Z's digital subchannels.
ABS-CBN Corporation decided to cease operating TeleRadyo effective June 30, 2023, to cut further financial losses resulting from the non-renewal of the company's broadcast franchise. A few days before the supposed closure of the channel, ABS-CBN announced it had entered into a joint venture with Prime Media Holdings to produce content for a new channel.
ABS-CBN-owned TeleRadyo signed off for the last time on June 29, 2023, and was relaunched as DWPM Radyo 630 together with its pay television counterpart TeleRadyo Serbisyo the following day.
Audience Share
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Ownership Type
Private
Geographic Coverage
National
Content Type
Free content
Media Companies / Groups
Media Serbisyo Production Corporation
Prime Media Holdings, Inc.
ABS-CBN Corporation
Ownership Structure
DWPM 630 ownership is through Media Serbisyo Production Corporation. The company is a joint venture partnership between Prime Media Holdings, Inc. which in 2002 amended its articles of incorporation to change its primary purpose from a development bank to a holding company, which would hold investments in the media industry and ABS-CBN Corporation of the Lopez family.
Prime Media is the majority shareholder with 51 percent investment, while ABS-CBN Corporation owns the remaining 49 percent. The Lopez family, through Lopez, Inc. is the majority owner of ABS-CBN Corporation, with 55.82%, while PCD Nominee Corporation (Filipino) holds 41.91% of the shares.
Luz D. David owns Prime Media Holdings, Inc. (PMHI) and its subsidiary Media Serbisyo Production Corporation (MSPC) through Trans Middle East Phils. Equities, Inc. (TMEPEI). She owns 99.9975% of TMEPEI, which is the parent company and majority owner of RYM Business Management Corporation. Meanwhile, PMHI, which co-owns MSPC with ABS-CBN through a joint venture, is 51.91% owned by RYM.
Voting Rights
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Individual Owner
General Information
Founding Year
2023
Affiliated Interests Founder
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Affiliated Interests Ceo
is the President of Media Serbisyo Production. She used to be the President and Station Manager of DZMM TeleRadyo and continues to serve in the same capacity in TeleRadyo Serbisyo.
Affiliated Interests Editor-In-Chief
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Affiliated Interests other important people
is one of the stockholders and a Board Director of Media Serbisyo Production Corporation.
is one of the stockholders and a Board Director of Media Serbisyo Production Corporation.
is one of the stockholders and a Board Director of Media Serbisyo Production Corporation.
is the Chairman of the Board of Directors of Media Serbisyo Production.
is one of the stockholders and a Board Director of Media Serbisyo Production Corporation.
is one of the stockholders and a Board Director of Media Serbisyo Production Corporation.
is one of the stockholders and a member of the Board of Directors of Media Serbisyo Production. He has been the President and Chief Executive Officer of ABS-CBN Corporation. since 2016. He served as the Managing Director of Sky Cable and ABS-CBN Interactive. He is a cousin of Martin L. Lopez, the Chairman of the Board of Directors of ABS-CBN Corporation.
is the President of Media Serbisyo Production.
is one of the stockholders and a Board Director of Media Serbisyo Production Corporation.
is the Corporate Secretary of the Media Serbisyo Production.
is the Assistant Corporate Secretary of the Media Serbisyo Production.
Contact
Unit 5A Hollywood Square Building 33 West Avenue Penthouse Nayong Kanluran, Quezon City
Mobile Number: 09178453842
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
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SEC Documents were shared by ABS-CBN’s representative Mike Villanueva via email.