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ABS-CBN company logo
Corporation
MEDIA (TRADITIONAL) | Television
abs-cbn.com

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Investments

2

Portfolio Exits

1

Partners & Customers

6

About ABS-CBN

ABS-CBN is a media and entertainment organization in the Philippines. It is primarily involved in content creation and production for television, online, and over-the-top platforms, cable, satellite, cinema, live events, and radio for domestic and international markets.

ABS-CBN Headquarter Location

Sgt. E.A Esguerra Avenue

Quezon City, 1103,

Philippines

+632 415 2272

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ABS-CBN Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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ABS-CBN Rank

Latest ABS-CBN News

Dela Rosa loses cool over press freedom, chilling effect questions

Oct 19, 2021

Screenshot from Sen. Ronald “Bato” Dela Rosa’s interview with Senate reporters. Screengrab / File photo MANILA, Philippines — To say that there is less press freedom today and the closure of ABS-CBN has a “chilling effect” does not sit well with presidential aspirant Senator Ronald “Bato” dela Rosa. Dela Rosa even lost his  cool when the issues were brought up in an interview over ANC’s program “Headstart” on Tuesday. ADVERTISEMENT It all started when the senator was asked about his objection to grant Rappler founder Maria Ressa the Philippine Senate Medal of Excellence for winning a Noble Peace Prize award. Dela Rosa reiterated  his  opposition , saying  he would  even  raise his two hands to block the Senate medal of excellence to Ressa. FEATURED STORIES “Let’s put my vote into proper context. Bakit ko ipro-proclaim yung ginawa ni Maria Ressa? For what?”  he asked. “Nanalo sya  ng Noble Peace  Prize  dahil sa kanyang laban for freedom of expression, freedom of the press? Bakit? Meron bang ongoing suppression of the press freedom here in the Philippines?” (She won the Noble Peace  Prize for fighting for freedom of expression, freedom of the press? Why? Is there  an ongoing suppression of the press freedom here in the Philippines?) Dela Rosa changed his tone when pressed if the  cases filed against Rappler and the closure of ABS-CBN already “an  indicator that there is less press freedom” and “chilling effect” today. “Wow, paano mo masabing chilling effect? Bakit sinara ba pati GMA, sinara ba pati TV5? Hindi naman. Kayo lang naman, ABS-CBN lang naman ang hindi binigyan ng prangkisa ng Congress because of some issues,” he said. (Wow, how can you say there’s chilling effect? Were GMA and TV5 also shut down? No. ABS-CBN is the only one that was not granted a franchise by  Congress because of some issues.) The senator  stressed that ABS-CBN’s failure to get a new franchise from Congress has nothing to do with press freedom. ADVERTISEMENT “Ang purpose naman dun hindi para i suppress ang press freedom. Alam ko ang ginawa ng Congress, hindi nila yun ginawa para i suppress ang freedom kung hindi para i address nyo ang mga issue na ibinato sa inyo.” (The purpose was  not to suppress press freedom. I know what Congress did, they  didn’t do it to suppress freedom but to address the issues being thrown at [ABS-CBN].) “E ngayon hindi sila satisfied sa pagsagot sa mga issue ng ABS-CBN, then hindi nila inaprub yung prangkisa ninyo. So is there a suppression of press freedom? Wow, ganun pala ang tingin nyo sa press freedom.” (Since they were not satisfied  by  how ABS-CBN responded to the issues,  then   they did not approve your franchise. So is there a suppression of press freedom? Wow,  so that’s  how you look at press freedom) Dela Rosa later apologized to the anchor for raising his voice. “Pasensya ka na medyo may ibang portion tayo na tumaas yung boses ko. Sorry, sorry,” he said. (I’m sorry, there is a portion in our conversation that I raised my voice. Sorry, sorry.) JPV Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use andacknowledge that I have read the Privacy Policy . Read Next

ABS-CBN Investments

2 Investments

ABS-CBN has made 2 investments. Their latest investment was in Kumu as part of their Series A on April 4, 2020.

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ABS-CBN Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/13/2020

Series A

Kumu

$5M

Yes

8

12/16/2008

Series C

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$99M

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10

Date

4/13/2020

12/16/2008

Round

Series A

Series C

Company

Kumu

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Amount

$5M

$99M

New?

Yes

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Co-Investors

Sources

8

10

ABS-CBN Portfolio Exits

1 Portfolio Exit

ABS-CBN has 1 portfolio exit. Their latest portfolio exit was Multiply on April 15, 2010.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/15/2010

Corporate Majority

Date

4/15/2010

Exit

Corporate Majority

Companies

Valuation

Acquirer

Sources

ABS-CBN Acquisitions

1 Acquisition

ABS-CBN acquired 1 company. Their latest acquisition was UPay Digitech on March 01, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/1/2021

Shareholder Liquidity

Shareholder Liquidity

1

Date

3/1/2021

Investment Stage

Shareholder Liquidity

Companies

Valuation

Total Funding

Note

Shareholder Liquidity

Sources

1

ABS-CBN Partners & Customers

6 Partners and customers

ABS-CBN has 6 strategic partners and customers. ABS-CBN recently partnered with comScore on March 3, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

3/8/2021

Vendor

comScore

United States

ABS-CBN TFC Selects Comscore as First National Television Measurement Provider. ABS-CBN TFC Selects Comscore as First National Television Measurement.. Suche in comscore.com

`` This agreement reinforces Comscore 's reputation as a leading third-party measurement partner , and we look forward to providing TFC with meaningful , actionable insights that enable them to fully understand the behaviors and needs of their audience . ''

2

1/21/2021

Partner

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10

9/23/2019

Partner

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10

9/4/2019

Partner

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10

9/27/2016

Partner

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10

Date

3/8/2021

1/21/2021

9/23/2019

9/4/2019

9/27/2016

Type

Vendor

Partner

Partner

Partner

Partner

Business Partner

comScore

Country

United States

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News Snippet

ABS-CBN TFC Selects Comscore as First National Television Measurement Provider. ABS-CBN TFC Selects Comscore as First National Television Measurement.. Suche in comscore.com

`` This agreement reinforces Comscore 's reputation as a leading third-party measurement partner , and we look forward to providing TFC with meaningful , actionable insights that enable them to fully understand the behaviors and needs of their audience . ''

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Sources

2

10

10

10

10

ABS-CBN Team

2 Team Members

ABS-CBN has 2 team members, including former Senior Vice President, Maria Ressa.

Name

Work History

Title

Status

Mike Singh

Founder

Former

Maria Ressa

Senior Vice President

Former

Name

Mike Singh

Maria Ressa

Work History

Title

Founder

Senior Vice President

Status

Former

Former

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