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 ...

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 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 ...

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 ...