MANILA, Philippines — The Lopez family-led ... for ABS-CBN In the first half of 2024, ABS-CBN trimmed its net loss by 5 percent to P2.13 billion thanks to a slowdown in expenses. “The TV ...

ABS-CBN now employs only around 3,300, or roughly 30% of its pre-shutdown workforce. ABS-CBN said the “TV industry as a whole has been hurt by lower consumer spending which translated into lower ...

Another batch of employees has been retrenched by the Lopez family-led ABS-CBN Corp., which has yet to erase its balance ...

ABS-CBN – One of the Philippines’ largest media networks ABS-CBN Corp. has announced another round of retrenchments as it faces ongoing financial struggles, driven by declining ad revenues and ...

The layoffs come as the television industry as a whole faces significant challenges, including lower consumer spending that has led to reduced advertising expenditures. ABS-CBN noted that it is also ...

ABS-CBN Corp. will be laying off employees as it continues to feel a revenue pinch from the loss of its franchise four years ago. The Lopez-led company, in a statement, said that around 100 staffers, ...

New York, NY, Los Angeles, CA – October 15, 2024 –- A North American theatrical release date has been set for ABS-CBN Films and GMA Pictures’ Hello, Love, Again – the sequel to the box-office ...

The company is also affected by the global decline in the pay TV business,” ABS-CBN said. Although ABS-CBN has managed to cut its net loss by five percent to P2.02 billion as of June ...

In a statement, ABS-CBN said that “TV industry as a whole has been hurt by lower consumer spending which translated into lower advertising spends.” With this, the media company said it “has made the ...

The Sony Bravia 3 will satisfy a small selection of shoppers: those who are shopping for a budget-friendly TV, who don’t need ...

Currency outside banks surged by 66.2 per cent in September 2024, reaching N4.02tn compared to N2.42tn in September 2023, a notable rise of N1.60tn in just one year. This is according to the Money ...