ABS-CBN Corporation (PSE: ABS and ABSP) is a Filipino media conglomerate and the country's largest media and entertainment company. The corporation was the merger of Alto Broadcasting System (ABS) owned by James Lindenberg and Antonio Quirino (the brother of then-Philippine president Elpidio Quirino) and the Chronicle Broadcasting Network (CBN) owned by Don Eugenio Lopez, Sr. and the then-Philippine vice president Fernando Lopez.
EMBED CODE---> Click on the Text Area, highlight it by pressing CTRL + A. Then press CTRL + C to copy and then CTRL + V to paste the embedded code:). Cheers!
Founded on 13 June 1946 by James Lindenberg as Bolinao Electronics Corporation (BEC), it was incorporated as ABS-CBN Broadcasting Corporation on 1 February 1967. On 18 August 2010 the corporate name was changed after dropping the "Broadcasting" from the corporate name. The common shares of PSE: ABS were first offered in July 1992. The PDR's (Philippine Depository Receipt) PSE: ABSP were offered in October 1999.
The company is known for pioneering broadcast television in Southeast Asia and for its flagship broadcast television network ABS-CBN, which in 1953, became the first commercial television network in Asia.Today the company has expanded to be the largest media empire in the Philippines with reaches still unmatched up to this day. ABS-CBN Corporation owns the country's largest cable company Sky Cable, a youth-oriented broadcast television network, Studio 23 as well as the cable channels ANC, Balls, Cinema One, Cge TV, DZMM TeleRadyo, Hero, Knowledge Channel, Lifestyle Network, Myx, Tambayan TV, Velvet and international networks like Myx TV, TFC and BRO. ABS-CBN also owns and operates a film production company Star Cinema, a record label Star Records, a visual effects firm Roadrunner Network, Inc., a publishing firm ABS-CBN Publishing, radio networks like DZMM and Tambayan 101.9 HD and websites like Push.ph, Cge.tv and ChoosePhilippines.