Shutdown causes financial blowback to ABS-CBN in first half

MANILA, Philippines Broadcast giant ABS-CBN Corp. fell into the red in the first six months after the pandemic and the Duterte administration’s closure of the network’s free television and radio channels left revenue streams drying up. In a disclosure to the stock exchange on Thursday, the Lopez-led network reported a net loss of P3.


Read all

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.