Pilipino Star Ngayon
The daily Tagalog tabloid Pilipino Star Ngayon, formerly known as Ang Pilipino Ngayon, was established on March 17, 1986, a few weeks after the EDSA Revolution. It preceded its broadsheet counterpart Philippine STAR, with an aim to provide news to the masses at the more affordable rate of P10, half of the broadsheet’s price.
Founded by the Belmonte matriarch Betty-Go Belmonte, Pilipino Star Ngayon, Incorporated is now owned by Hastings Holdings, a company under Manuel V. Pangilinan, with 80 percent shares. The remaining 20 percent still belongs to the Belmonte family: former Speaker Feliciano, Jr., STAR Group president and CEO Miguel, Philippine Star head of editorial board Isaac, Philstar Global CEO Kevin and Quezon City Vice Mayor Joy each have 4 percent shares, according to the company’s 2015 General Information Sheet filed at the Securities and Exchange Commission.
Audience Share
0.65
Ownership Type
private
Geographic Coverage
National
Content Type
paid content
Media Companies / Groups
Hastings Holdings, Inc.
Ownership Structure
Pilipino Star Ngayon is 80-percent owned by Manuel V. Pangilinan's Hastings Holdings. The Belmonte family holds 20-percent of the remaining shares, and Miguel Belmonte stands as the company's president.
Group / Individual Owner
Individual Owner
General Information
Founding Year
1986
Founder
Betty Go-Belmonte, Tess Ramiro, Fr. Jose C. Blanco
Affiliated Interests Founder
Fomer journalist Betty Go-Belmote is also the founder of Pilipino Star Ngayon's broadsheet counterpart The Philippine Star. Jesuit priest Fr. Jose C. Blanco, S.J. was also a columnist of the paper until he passed away in 2006 while Dr. Tess Ramiro was a director of a medical NGO.
Ceo
Miguel G. Belmonte
Affiliated Interests Ceo
Miguel Belmonte is son of Philippine Star founder Betty Go-Belmonte. His father Feliciano Belmonte, Jr. was former House Speaker while his sister Joy Belmonte is incumbent Quezon City vice mayor.
Editor-In-Chief
Alfonso Pedroche
Affiliated Interests Editor-In-Chief
Pedroche was once a Malacanang beat reporter before he moved up the editorial ladder of Pilipino Star Ngayon. He served as vice president of journalists' association National Press Club and now as president-chairperson of the Philippine Press Institute.
Contact
13th Corner Railroad St., Port Area, Manila, Philippines 1016Telephone Number: +632-527-2389, +632-527-7901Fax Number: +632-527-2403, +632-528-0281www.philstar.com/ngayon
Financial Information
Revenue (in Mill. $)
6.25 Mil $ / 292.74 Mil P
Operating Profit (in Mill. $)
1.51 Mil $ / 70.90 Mil P
Advertising (in % of total funding)
1.21 Mil $ / 56.86 Mil P
Market Share
Missing Data
Further Information
Meta Data
Conversion rate on Dec. 31, 2015: P 46.85
Audience share from Nielsen's Consumer and Media View (Jan.-June 2016)
Sources
General Information Sheet of Pilipino Star Ngayon, Inc. (available upon request at SEC) (2015), Securities and Exchange Commission (SEC)
Financial Statement of Pilipino Star Ngayon, Inc. (available upon request at SEC) (2015), Securities and Exchange Commission (SEC)
Personal interview with STAR President and CEO Miguel Belmonte
Personal interview with STAR President and CEO Miguel Belmonte
