Progressive Broadcasting Corporation
Progressive Broadcasting Corporation (PBC) is the owner of UNTV, formally known as UNTV News and Rescue and UNTV Public Service, which airs news and current affairs, public service and religious programs.
PBC holds the television broadcast franchise used by the channel to air, while Breakthrough and Milestones Productions International Inc. (BMPI) is its partner and serves as content provider and the marketing arm for UNTV.
Daniel Razon, a veteran broadcaster, owns BMPI, and has long been associated with UNTV, where he hosts two programs.
As of 2020, PBC reported PhP2,698,571 (around US$47,479) in airtime revenues. Its total assets is PhP8,687,470 (around US$152,821).
As of Aug. 31, 2023 businessman Alfredo “Atom” L. Henares owns 61% of PBC. He is the company’s former president with business interests in real estate, electric power plants, water utilities, and pulp and paper manufacturing.
The two other majority stockholders are Communication Trend Gateway, Inc. with a 24.50% stake in the company and Communication Headway Unlimited Inc. with 14.50% shares.
Progressive Broadcasting Corporation (PBC) is a mass media corporation that registered with the Securities and Exchange Commission on Oct. 6, 1986. In May 2016, its legislative franchise to operate radio and television stations was renewed for another 25 years.
Business Form
Private
Legal Form
Stock Corporation
Individual Owner
Marlon C. Manalang
Marlon C. Manalang owns 9.8% shares in Progressive Broadcasting Corporation (PBC) through his 40% stake in Communication Trend Gateway Inc. He concurrently serves as the chief financial officer of Communication Trend Gateway Inc. and is a director in PBC.
Communication Trend Gateway Inc. was incorporated on Oct. 8, 2019, with the primary purpose “to produce television, radio, motion pictures, print, publication, internet broadcast, advertising, marketing, recording, events management and photography.”
Marvin Jay B. Perez
Marvin Jay B. Perez owns 5.8% of Progressive Broadcasting Corporation through his 40% stakes in Communication Headway Unlimited Inc.
Communication Headway Unlimited Inc., where Perez serves as chairman and president, was registered with the Securities and Exchange Commission on Oct. 9, 2019 a day after the Communication Trend Gateway Inc. was incorporated. Its primary business is similar to Communication Trend Gateway Inc.
Aside from PBC, Perez is also a director in PBC. He is also a member of MCGI. He is the president and chief executive officer of BAP Construction and Development Corporation.
Other TV Outlets
UNTV
Other Radio Outlets
Wish 107.5
Other Online Outlets
untvweb.com
Business
Missing Data
General Information
Founding Year
1986
Affiliated Interests Founder
is the founder and former president of Progressive Broadcasting Corporation. He has business interests in real estate, electric power plants, water utilities, and pulp and paper manufacturing.
Employees
3 (as of Aug. 31, 2023)
Contact
4002 Summit One Tower Building, 530 Shaw Blvd., Mandaluyong City
Telephone No.: 661-2540
Cellphone No.: 09171450535
Tax/ ID Number
000-491-433-000
Financial Information
Revenue (Financial Data/ Optional)
Missing Data
Operating Profit (in Mill. $)
Missing Data
Advertising (in % of total funding)
47,479.9599 US$ / 2,698,571 PhP (as of 2020)
Management
Executive Board
is the chairman and president of Progressive Broadcasting Corporation (PBC). He is also the general manager of UNTV content provider Breakthrough and Milestones Productions International, Inc. Aside from PBC and BMPI, he also sits as chairman and president of Communication Trend Gateway, Inc., where he holds a 15% stake.
is the concurrent corporate secretary of PBC and Communication Headway Unlimited Inc. He owns 15% of Communication Headway Unlimited Inc.
is the concurrent chief finance officer of PBC and Communication Headway Unlimited Inc. He also owns 15% of Communication Headway Unlimited Inc.
Non-Executive Board
is a board member of Progressive Broadcasting Corporation (PBC) and Communication Headway Unlimited Inc. He also owns 15% of Communication Headway Unlimited Inc. He is an officer at the Members Church of God International (MCGI) led by Daniel Razon, the chief executive officer and president of UNTV content provider Breakthrough and Milestones Productions International.
a board member of PBC, is the president and chairman of Communication Headway Unlimited Inc., which he owns 40%. He is also a member of MCGI. He is the president and chief executive officer of BAP Construction and Development Corporation.
Supervisory Board
Missing Data
Other Influential People
is chief executive officer and president of Breakthrough and Milestones Productions International, content provider and operator of UNTV. He is a veteran broadcaster who has worked for various media outlets such as People’s Television Network, Manila Broadcasting Corporation, ABS-CBN and GMA. Popularly known as “Kuya Daniel” (brother Daniel), he also hosts shows on UNTV, among them the morning program “Good Morning Kuya” and the talk show “Get It Straight.” He is the leader of the Christian religious group Members Church of God International, succeeding his uncle and televangelist Eliseo Fernando “Bro. Eli” Soriano, who died in February 2021. He used to co-host with Soriano the religious program “Ang Dating Daan.”
Further Information
Meta Data
The Progressive Broadcasting Corporation has no latest annual financial statement submitted to the Securities and Exchange Commission. Its available financial statement only covered 2020. Data on advertising is based on total airtime revenues, which it defines as “income on the dates the advertisements are aired.”
PBC indicated only three officers in its general information sheet as of Aug. 31, 2023.
Conversion rate on Oct. 17, 2023: PhP56.836 per US$1.
