ABS-CBN Corporation (ABS)

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1. Company Information
Company Name	ABS-CBN Corporation (ABS)
Sector	Services		Incorporation Date	Jun 11, 1946
Subsector	Media		Number of employees	8,021 (Group Total) 2,720 (Talents)
Board of Directors	Chairman: Eugenio L. Lopez III, Vice Chairman: Augusto Almeda-Lopez
Website / E-mail	http://www.abs-cbn.com / IR@abs-cbn.com
2. Stock Information
Total Assets	72,877,412,000	Market Capitalization		30,756,459,078.15
Total Liabilities	39,865,647,000	Outstanding Shares		850,801,081
Retained Earnings	28,266,548,000	Listed Shares		872,122,352
Listing Date	Jul 08, 1992	Issued Shares		872,123,642
Board Lot	100	Free Float Level (%)		43.21%
Par Value	1.00	Foreign Ownership Limit		0%
3. Major Stock Holders (common shares)
LOPEZ, INC. PCD NOMINEE CORPORATION (FILIPINO)				55.15% 42.77%
4. Company Descriptions and Business Development
Notes 1. Related companies : LPZ, ABS and FPH, FGEN, EDC, ROCK 2.  LOPEZ HOLDINGS CORPORATION (LPZ) has 56.51% economic rights only of ABS.      LOPEZ, INC has 52.50% stake in LPZ and total 79.32% voting rights of ABS.      LPZ directly/indirectly controls the family’s other business such as ROCK, FPH, EDC, FGEN 3. Oscar M. Lopez is the brother of Mrs. Presentacion L. Psinakis and Manuel M. Lopez. He is the uncle of Mr. Eugenio L. Lopez III and the father of Mr. Federico R. Lopez. Mr. Eugenio L. Lopez III and Mr. Federico R. Lopez are first cousins.
Overview It was originally engaged in radio transmitting equipment assemble. In 1953, it adopted the business name Alto Broadcasting System (ABS) and started the country’s first television broadcast. In 1956, Chronicle Broadcasting Network (CBN), owned by Eugenio Lopez Sr. of the Lopez family, was organized primarily for radio broadcasting. In 1957, Don Eugenio Lopez Sr. acquired ABS and on February 1, 1967, the operations of ABS and CBN were integrated and BEC changed its corporate name to ABS-CBN Broadcasting Corporation. Business Revenue contribution in 2016 Advertising Revenues Consumer Sales 23,650,000,000 17,980,000,000 57% 43% Consumer Sales includes Sky Cable’s broadband business. It has three (3) business segment; TV and Studio It mainly creates contents and distribute through TV and radio channel. It also includes content distribution in North America, Films and Music, Narrowcast and Sports. Revenues per sub-segment in 2016 are Fee-to-Air (23,967M), Global (5,855M), Films and Music (1,316M), Others (857M). Pay TV Networks It is handled by Sky Cable Corporation (Sky Cable). It accounts for around 50% of local pay TV market. Revenues per sub-segment in 2016 are Cable (5,496M), Broadband (2,641M), Others (804M) New Business It partnered with Globe Telecom to provide wireless telecommunications. It also invested in KidZania Manila theme park and also has an interest in home shopping businesses. KidZania generated 515M pesos in 2016. Subsidiaries / Associates / Affiliates / Joint Ventures ABS-CBN Film Productions, Inc. – Films and Music Sky Cable Corporation