Kapamilya Channel
The Kapamilya Channel was launched in June 2020, a month after ABS-CBN Network was ordered to stop broadcast operations. It is a 24-hour web-based channel that also broadcasts via cable and satellite TV and enabled the network to continue airing and producing its news and entertainment programs, among them TV Patrol and The World Tonight.
Congress finally decided not to approve the company’s legislative franchise to broadcast on July 10, 2020, which led to the network’s closure as a free television station, and its affiliate radio stations on AM and FM, going off-air permanently.
Despite being a paid channel through cable, satellite, and live streaming app subscriptions, the Kapamilya Channel is among the TV stations with viewership levels at par with free TV stations.
The channel is also accessible overseas through ABS-CBN’s The Filipino Channel (TFC) and online platforms.
In August of that year, the station expanded to YouTube and Facebook.
According to Nielsen’s Television Audience Measurement, Kapamilya Channel has over 300,000 individuals tuned in from 6 AM to 12 AM.
Audience Share
0.40%
Ownership Type
Private
Geographic Coverage
International
Content Type
Paid content
Media Companies / Groups
ABS-CBN Corporation
Ownership Structure
Kapamilya Channel is operated by ABS-CBN Corporation, which is 70.471% owned by the Lopez family through their companies, primarily their wholly owned Lopez, Inc. with 55.82%.
The family’s 90%-owned ABS-CBN Holdings Corporation, which is mainly involved in the issuance of Philippine Depositary Receipts and acquisition and holding of shares in ABS-CBN Corporation, also own 16.19% shares in the broadcast company through its 145,684,030 shares lodged under the PCD Nominee Corporation.
Other companies owned by the Lopezes with ownership in ABS-CBN Corporation are Crème Investment Corporation with 0.05%, and Croslo Holdings Corporation with 0.01%.
Meanwhile, family members like Ernesto L. Lopez and the late Manuel M. Lopez also directly hold 0.01% and 0.02% shares, respectively, in ABS-CBN Corporation.
As of December 2023, the second biggest stockholders of ABS-CBN Corporation are owners of shares entrusted to the PCD Nominee Corporation with 25.74%. However, ABS-CBN Corporation did not disclose the full list of beneficial owners of these shares.
The third biggest shareholder group is the ABS-CBN employees with 0.25%, while the rest are small shareholders of stock.
Voting Rights
Missing Data
Individual Owner
Group / Individual Owner
PCD Nominee Corporation
PCD Nominee Corporation is a financial holding corporation that holds legal title to immobilized shares lodged in the Philippine Central Depository, Inc system. and operates as a subsidiary of the Philippine Central Depository.
PCD Nominee Corporation represents individuals or companies with investments in corporations, as trustee-nominee, and handles securities transactions such as buying and selling of stock shares. Investors, whose shares are held in trust by PCD Nominee Corp. are the beneficial owners. However, they don’t always disclose their identities.
ABS-CBN did not disclose the full list of beneficial owners of the shares entered into the system of PCD Nominee Corporation, except to say they are all Filipino citizens.
General Information
Founding Year
2020
Affiliated Interests Founder
Missing Data
Affiliated Interests Ceo
Carlo L. Katigbak, is the President and Chief Executive Officer of the once media giant, ABS-CBN Corporation, which owns news.abs-cbn.com. He was at the helm when the network was severely criticized and blamed by former president Rodrigo Duterte for supposedly airing TV advertisements of his political foes. These criticisms culminated in the non-renewal of the network’s broadcast congressional franchise, resulting in the shutdown of the network. Since the shutdown, the network has strengthened its online presence through its web portals and social media.
Katigbak is a Harvard management graduate who used to head the network’s new technology ventures like cable and mobile. He is cousins with the corporation’s Chairman of the Board, Martin L. Lopez, and Federico Lopez, a member of the board.
Affiliated Interests Editor-In-Chief
Missing Data
Affiliated Interests other important people
Missing Data
Contact
ABS-CBN Corporation
Sgt. E.A Esguerra Avenue
Quezon City Philippines 1103
Telephone: (+632) 8924 - 4102
abs-cbn.com
Financial Information
Revenue (in Mill. $)
Missing Data
Operating Profit (in Mill. $)
Missing Data
Advertising (in % of total funding)
Missing Data
Market Share
Missing Data
Further Information
Headlines
Meta Data
Audience share is based on Nielsen’s television audience measurement from April to June 2023.
Sources
Media Landscape Report for Quarter 2, 2023, available upon purchase from Nielsen Company (US), LLC
