news.abs-cbn.com
News.abs-cbn.com is the online news portal of ABS-CBN Corporation. The network site is user-friendly and conveniently redirects to other digital platforms of ABS-CBN for entertainment, streaming, multimedia, and archived broadcast content.
It ranked 2nd among Philippine-based online portals where news articles are accessed based on Nielsen’s Consumer and Media View for the second quarter of 2023, with an audience reach of 22.74% of online viewers.
The site reports on international, local, community news, as well as entertainment, business, weather, and sports.
News.abs-cbn.com was founded in 1996 as ABS-CBN’s online news portal. It survived the shutdown of the network since congressional franchises do not encompass online operations.
Since the shutdown of ABS-CBN’s broadcast in May 2020, the network has strengthened its online presence through its websites and social media sites. The company has a solid international footing on social media In September 2020, ABS-CBN had 109.3 million unique viewers on Youtube and Facebook, placing 2nd among media companies in the Asia Pacific Region. In 2022, ABS-CBN invested nearly USD 10 million in digital content production.
Some of its television series are on the streaming service Netflix.
ABS-CBN Corporation is part of the Lopez group of companies known as Lopez, Inc. Its non-media businesses include power and energy, property development, financial services, and manufacturing.
Audience Share
22.74%
Ownership Type
Private
Geographic Coverage
International
Content Type
Free content
Media Companies / Groups
ABS-CBN Corporation
Ownership Structure
News.abs-cbn.com 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 are the ABS-CBN employees with 0.25%, while the rest of shareholders only own very small percentages.
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 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
1996
Affiliated Interests Founder
Missing Data
Affiliated Interests Ceo
Affiliated Interests Editor-In-Chief
is the editor-in-chief of news.abs-cbn.com.
Affiliated Interests other important people
Head, ABS-CBN News
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
Meta Data
Information on editor-in-chief obtained from asking news.abs-cbn.com reporter since the information is not publicly available on the web portal
Audience share is based on Consumer & Media View survey for news websites under Nielsen’s Philippine Media Landscape Report for Quarter 2 of 2023.
Sources
Media Landscape Report for Quarter 2, 2023, available upon purchase from Nielsen Company (US), LLC
