Friday, February 9, 2018

Manila Broadcasting Company (MBC)

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For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Manila Broadcasting Company (MBC)
Sector
Services
Incorporation Date
Jun 12, 1946
Subsector
Media
Number of employees
96 (Group Total)
Board of Directors
Chairman: Fred J. Elizalde
Website / E-mail
http://www.mbcsales.com.ph / jpmacuja@mbcradio.net
2. Stock Information
Total Assets
1,487,358,274
Market Capitalization
6,402,659,541.00
Total Liabilities
462,739,728
Outstanding Shares
402,682,990
Retained Earnings
453,711,236
Listed Shares
402,803,776
Listing Date
Oct 08, 1949
Issued Shares
402,803,777
Board Lot
100
Free Float Level (%)
10.22%
Par Value
1.00
Foreign Ownership Limit
0%
3. Major Stock Holders (common shares)
ELIZALDE HOLDINGS CORPORATION (EHC)
ELIZALDE LAND INC
CEBU BROADCASTING COMPANY
ROMULO, MABANTA, BUENAVENTURA, SAYOC & DELOS ANGELES
34.65 %
21.60 %
12.42 %
17.36 %
4. Company Descriptions and Business Development
Notes
1. Fred J. Elizalde. Elizalde Land, Inc. and Cebu Broadcasting Company are 100% owned subsidiaries of Elizalde Holdings Corporation.
2. Juan Manuel Elizalde is the son of Fred J. Elizalde. Julio Manuel P. Macuja is the brother-in-law of Fred J. Elizalde.
Overview
MBC is engaged in the radio broadcasting business. Its banner station is DZRH, the only nationwide, via satellite, AM station in the country.  Love Radio, YES FM and Easy Rock are the three top-rated FM networks being operated by the Company. Aksyon Radyo is MBC’s network composed of provincial AM stations. The company also operates Radyo Natin, the largest network of community radio stations in the country with over 100 small FM stations throughout the archipelago. By partnering with Spotify in 2016, MBC’s radio stations will now be able to introduce new music playlists, charts and superior programming content that would resonate better amongst listeners.


Business
The Company now has seven (7) programming formats, namely DZRH, Aksyon Radyo, Love Radio, Yes-FM, Easy Rock, Radyo Natin and RHTV, which represent about 11%, 5%, 56%, 12%, 12%, 3% and 1%, respectively, of the total broadcasting fees in 2016. Advertising revenues accounted for 94%.
Total revenue amounted to P1,252 million and net income amounted to P186 million in 2016.
Business Development
2018: MBC increased stakes to 80% of EHRI.

Subsidiaries / Associates / Affiliates / Joint Ventures
Elizalde Hotels and Resorts Inc. (EHRI, 44.44%, 55.56% by EHC) operates Feliz Hotel Boracay.
Star Parks Corporation (SPC, direct 8%, 61% by EHC) operates Start City in Manila.

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