DOCSLIB.ORG

Lopezlink April 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Lopezlink April 2019 APRIL 2019 www.lopezlink.ph Happy birthday, OML! http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph Isang milyong kwento na puno ng saya, aksyon, kilig at pag-asa mula sa SKYdirect Story on page 6 Seeds of WSummer…page 12 First Gen recurring Hope: Pillow skin care earnings up 51%…page 2 talk…page 9 tips…page 12 Lopezlink April 2019 FPH attributable First Gen recurring RNI up by 53% earnings up 51% FIRST Gen Corporation re- (P17.8 billion), or 16% to $2.0 “2018 was an exceptional FOR the year ended December FPH also increased by P4.4 primarily driven by higher sale ported recurring net income billion (P103.8 billion) from year for First Gen as we con- 31, 2018, recurring net income billion or 76%, from P5.9 bil- of electricity following favor- attributable to equity holders $1.7 billion (P86.0 billion) in cretized value from the sizable (RNI) attributable to First Phil- lion to P10.3 billion, reflect- able spot market prices and the of the parent of $243 million 2017. The natural gas portfo- investment made for the mod- ippine Holdings Corporation ing the growth in RNI slightly effectivity of the San Gabriel (P12.8 billion) in 2018. This was lio accounted for $1,240 mil- ern 420-MW San Gabriel nat- (FPH) reached P10.4 billion, reduced by net nonrecurring plant’s power supply agreement a 51%- or an $82-million (P4.6 lion (P65.1 billion), or 63% of ural gas-fired power plant. This higher by P3.6 billion or 53% losses booked during the year with Meralco; higher comple- billion) surge from $161 million First Gen’s total consolidated was made in anticipation of the compared to last year’s P6.8 largely on account of unfavor- tion and sales booking of (P8.1 billion) in 2017, mainly revenues. Their revenues were market’s increased electricity billion, driven by the stronger able forex movements. Rockwell’s residential develop- from the strong contribution of 20% higher in 2018 mainly due demand and the need for new operating results of the group’s The FPH Group’s total reve- ment projects; higher earnings the company’s natural gas busi- to the aforementioned strong cost- competitive power sup- energy, real estate, construction nues increased by P20.5 billion, from construction and leasing ness that delivered recurring performance of the natural gas ply to the grid. The 1,500-MW and manufacturing businesses. or 20%, from P104.9 billion in contracts; and higher volume of earnings of $186 million (P9.7 plants. Santa Rita and San Lorenzo Net income attributable to 2017 to P125.4 billion in 2018 electrical transformer sales. billion) versus $120 million Energy Development Cor- natural gas-fired plants contin- (P6.0 billion) previously. poration’s (EDC) geother- ued their reliable performance Annual Meeting Dates The company’s attributable mal, wind and solar revenues incorporating the technical April 5: net income in 2018 of $221 accounted for $652 million upgrades we have invested in ABS-CBN, Dolphy Theater, ABS-CBN Compound, 8am million (P11.6 billion) was 65% (P34.2 billion), or 33% of total over the years that effectively May 8: First Gen, The Fifth, Rockwell Events Hall, 10am higher from 2017. Its newest consolidated revenues. reduced the power rates to con- May 10: FPH, The Fifth, Rockwell Events Hall, 10am natural gas-fired plant, the 420- FG Hydro, owner of the 132- sumers. We are now focused on May 9: Rockwell, The Fifth, Rockwell Events Hall, 9am megawatt (MW) San Gabriel MW Pantabangan-Masiway firming up our future direction June 11: Lopez Holdings, The Fifth, Rockwell Events Hall, 9am flex plant, benefited from sig- hydroelectric plants, reported with the LNG regasification nificantly higher dispatch and higher revenues at $36 million terminal investment in partner- revenues. (P1.9 billion). The hydro plants ship with Tokyo Gas. First Gen’s numbers were accounted for 2% of First Gen’s “Our geothermal platform, likewise made better by lower total consolidated revenues. through EDC, likewise made a interest expenses and higher The absence of ancillary service remarkable recovery in the sec- interest income as a result of sales in the first quarter of 2018 ond half of 2018 with the fast- the group’s deleveraging and re- was partially offset by the hydro er-than-expected recovery of financing initiatives. Savings in plants’ higher volume sales to its Unified Leyte plants from interest expense and the receipt WESM and higher spot mar- the outage caused by natural of insurance proceeds likewise ket prices in 2018. calamities in 2017, coupled offset unrealized foreign ex- Consequently, the recurring with higher sales volume and change losses and higher de- attributable earnings contribu- more attractive selling prices. ferred taxes. tion of $6 million (P0.3 billion) We expect EDC to continue First Gen’s consolidated rev- in 2018 was less than the previ- to outperform this year,” First enues from the sale of electric- ous period’s $8.0 million (P0.4 Gen president Giles Puno ity increased by $271 million billion). said. ABS-CBN wins Platinum award at the ‘Reader’s Digest’ Trusted Brands Awards ABS-CBN continues to earn Presenter, while fellow “TV Pa- consumers’ trust, winning its trol” and DZMM Radyo Patrol fourth consecutive Platinum 630 anchor Ted Failon won Brand Award at the “Read- Most Trusted Radio Presenter. er’s Digest” Trusted Brands On the other hand, respon- Awards. dents chose “It’s Showtime” Thousands of Filipinos across and “Gandang Gabi Vice” the country were surveyed to host Vice Ganda as the Most rate different brands based Trusted Entertainment/Variety on their trustworthiness and Presenter. credibility, quality, value, un- This year marks the ninth derstanding of customer needs, consecutive year that ABS- innovation and social respon- CBN was formally acknowl- sibility. The Platinum Brand edged by the “Reader’s Digest” Award is given to “brands that Trusted Brands Awards. perform exceptionally, winning Since its launch in 1998, their category with a score that the “Reader’s Digest” Trusted vastly outpolled their nearest Brands Awards sought to dis- ABS-CBN wins its fourth consecutive competitor.” cover the majority’s preference platinum brand award from Reader’s ABS-CBN personalities also and standards in buying or sub- Digest Trusted Brands Awards earned the highest trust ratings, scribing to a service by com- winning awards in other cat- municating with consumers markets: the Philippines, Sin- egories. who can vouch for each of the gapore, Malaysia, Hong Kong “TV Patrol” anchor and vet- brands’ quality. and Taiwan. Fifty categories of eran broadcast journalist Noli For the 2019 edition, about products and services across a de Castro won Most Trusted 8,000 individuals were surveyed broad range of industries were TV News and Current Affairs across five of the region’s key included in the survey. Biz News Lopezlink April 2019 3 ABS-CBN stays on top On its fifth anniversary By Kane Choa SKYBIZ is choice business solutions provider of enterprises ABS-CBN remained unbeat- of choice. 41%, beating GMA’s 33%; in able in March, leading it to re- “Maalaala Mo Kaya” (28.7%) Total Visayas where it scored cord an average audience share kept viewers inspired and 57% compared to GMA’s 23%; of 47%, or 17 points higher “Halik” (24.5%) had them and in Total Mindanao where compared to GMA’s 30%, ac- hooked. Also part of the top it garnered 56% versus GMA’s cording to data from Kantar 10 list are “Rated K” (22.2%), 25%. Media. “Wansapanataym” (21.9%) ABS-CBN also won across Still leading the list of most and “Home Sweetie Home” all time blocks, particularly in watched programs in March (21.6%). the prime time block where SKYBIZ head Jon Arayata is “FPJ’s Ang Probinsyano” Meanwhile, the Kapamilya it garnered an average audi- (42.4%). It is followed by “The network kept its lead nation- ence share of 50%, or 20 points General’s Daughter” (32.3%), wide, particularly in Metro higher than GMA’s 30%. Like- SKYBIZ has earned praise Briann Alix stated: “We’re very in the know and ahead of our which triumphed over a new ri- Manila where it hit an average wise, the Kapamilya network from its business partners for happy with our three-year re- needs which makes us more in- val program with almost double audience share of 44% versus reigned supreme in the morn- being a reliable provider and lationship with SKYBIZ. SKY terconnected with our businesses the viewership. GMA’s 24%, and in Mega Ma- ing block where it registered enabler that allows them to use has always been a reliable partner in the Philippines.” the best digital tools for entre- in all of our broadband require- “World of Dance Philip- nila where it got an average au- 38% compared to GMA’s 28%, Bryan Zarzuela, IT head of pines” (31.5%) is the leading dience share of 38% compared in the noontime block where preneurs and big enterprises for ments and they’ve always pro- Pilipinas Teleserv, pointed out: program on Saturdays and Sun- to GMA’s 30%. it hit 48% versus GMA’s 29% more growth opportunities. vided what we needed as a BPO “We choose SKYBIZ because - company.” of its competitive rates and the days, while “TV Patrol” (30.9%) ABS-CBN topped in To- and in the afternoon block with Inviting clients to the “Phan stayed as the Filipinos’ newscast tal Luzon where it registered 49%, beating GMA’s 30%. tom of the Opera” musical is Rizj Zamora, president and company’s reliability…” one way for SKYBIZ to give CEO of Indra Corporate Ser- SKYBIZ’s business part- back and nurture its business vices Philippines Inc., shared: ners recently came together as relationship with key clients.
Load more

Recommended publications
  • COVER SHEET for AUDITED FINANCIAL STATEMENTS SEC Registration Number 1 8 0 3 Company Name A
    COVER SHEET FOR AUDITED FINANCIAL STATEMENTS SEC Registration Number 1 8 0 3 Company Name A B S - C B N C O R P O R A T I O N A N D S U B S I D I A R I E S Principal Office (No./Street/Barangay/City/Town/Province) A B S - C B N B r o a d c a s t i n g C e n t e r , S g t . E s g u e r r a A v e n u e c o r n e r M o t h e r I g n a c i a S t . Q u e z o n C i t y Form Type Department requiring the Secondary License Type, If report Applicable A A F S COMPANY INFORMATION Company’s Email Address Company’s Telephone Mobile Number Number/s [email protected] (632) 3415-2272 ─ Annual Meeting Fiscal Year No. of Stockholders Month/Day Month/Day 7,985 09/24 December 31 CONTACT PERSON INFORMATION The designated contact person MUST be an Officer of the Corporation Name of Contact Person Email Address Telephone Mobile Number Number/s Ricardo B. Tan Jr. [email protected] (632) 3415-2272 ─ Contact Person’s Address ABS-CBN Broadcast Center, Sgt. Esguerra Avenue corner Mother Ignacia St. Quezon City Note: In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.
    [Show full text]
  • Philippines in View Philippines Tv Industry-In-View
    PHILIPPINES IN VIEW PHILIPPINES TV INDUSTRY-IN-VIEW Table of Contents PREFACE ................................................................................................................................................................ 5 1. EXECUTIVE SUMMARY ................................................................................................................................... 6 1.1. MARKET OVERVIEW .......................................................................................................................................... 6 1.2. PAY-TV MARKET ESTIMATES ............................................................................................................................... 6 1.3. PAY-TV OPERATORS .......................................................................................................................................... 6 1.4. PAY-TV AVERAGE REVENUE PER USER (ARPU) ...................................................................................................... 7 1.5. PAY-TV CONTENT AND PROGRAMMING ................................................................................................................ 7 1.6. ADOPTION OF DTT, OTT AND VIDEO-ON-DEMAND PLATFORMS ............................................................................... 7 1.7. PIRACY AND UNAUTHORIZED DISTRIBUTION ........................................................................................................... 8 1.8. REGULATORY ENVIRONMENT ..............................................................................................................................
    [Show full text]
  • Cr07671 Abs 17Q 3Q 2020 Abs-Cbn
    COVER SHEET SEC Registration Number 1 8 0 3 Company Name A B S - C B N C O R P O R A T I O N A N D S U B S I D I A R I E S Principal Office (No./Street/Barangay/City/Town/Province) A B S - C B N B r o a d c a s t C e n t e r , S g t . E s g u e r r a A v e n u e c o r n e r M o t h e r I g n a c i a S t . Q u e u z o n C i t y Form Type Department requiring the report Secondary License Type, If Applicable 1 7 Q COMPANY INFORMATION Company’s Email Address Company’s Telephone Number/s Mobile Number 415-2272 Annual Meeting Fiscal Year No. of Stockholders Month/Day Month/Day 6,547 September 24 September 30 CONTACT PERSON INFORMATION The designated contact person MUST be an Officer of the Corporation Name of Contact Person Email Address Telephone Number/s Mobile Number Aldrin M. Cerrado [email protected] 415-2272 Contact Person’s Address ABS-CBN Broadcast Center, Sgt. Esguerra Avenue corner Mother Ignacia St. Quezon City Note: In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.
    [Show full text]
  • ABS-CBN Broadcasting Corporation Sgt
    ABS-CBN Broadcasting Corporation Sgt. Esguerra Avenue, Quezon City, Philippines April 19, 2010 Philippine Stock Exchange, Inc. Exchange Road, Ortigas Center Pasig City Attention: Ms. Janet A. Encarnacion Head, Disclosure Department Dear Ms. Encarnacion, We hereby submit to the Philippine Stock Exchange (PSE) the Definitive Information Statement of ABS- CBN Broadcasting Corporation (ABS-CBN or the Company). Based on the Securities and Exchange Commission’s (SEC) letter dated April 16, 2010, which provided a list of prescribed amendments to the Preliminary Information Statement the Company submitted to the SEC and the PSE last April 13, 2010, we made the following revisions: 1. Updated to March 31, 2010 the following information: a. Number of Shares Outstanding on page 7. b. Security Ownership of Certain Record and Beneficial Owners of more than 5% on page 7. c. Security Ownership of Directors and Management on page 8. d. List of Directors and Executive Officers on pages 9 to 18. e. Top 20 Shareholders on page 50. 2. Disclosure of any relationship of Mr. Oscar M. Lopez with any of the nominees for Independent Director on page 9. 3. Compliance with the five year rotation requirement of external auditor on page 20. 4. Brief reason(s) for and the general effect of the proposed amendment of the Company’s Articles of Incorporation on page 22. 5. Submission of 1st Quarter 2010 report on page 42. 6. Share price information as of the latest practicable trading date (April 19, 2010) on page 49. 7. Disclosure on dividend policy and restrictions on page 49. Thank you.
    [Show full text]
  • SKY Cable Corporation Implements TCS HOBSTM Platform to Drive Digital Transformation
    SKY Cable Corporation implements TCS HOBSTM platform to drive digital transformation Abstract Client SKY Cable Corporation Digital transformation is imperative in the media and entertainment industry as consumers demand a wider portfolio of products and services, backed by Industry personalized unified customer experiences across channels and touchpoints. Media and Entertainment SKY Cable Corporation wanted to support both traditional and new age digital Offering services across all its business processes, enable automation to drive operational Implementation of efficiency and rapidly introduce changes without hampering agility. SKY Cable TCS HOBS open partnered with Tata Consultancy Services to implement TCS HOBSTM on Azure. platform on cloud for the client’s DTH The solution’s catalog-centric architecture provided SKY Cable with a one stop prepaid line of business solution to manage business processes across product portfolio management, and for driving their customer management, order management, partner management, wallet digital transformation management, voucher management and inventory management. journey “The TCS HOBS platform has not only provided SKY Cable with a stable platform to support our DTH service product growth which we could never achieve on our old one, but also given its breadth and depth of features has provided us the base for all of our prepaid and postpaid products and services going forward.” Chief Information Officer, SKY Cable About the Client Business Challenge SKY Cable Corporation is the pay SKY Cable needed to increase its business agility and maintain its market television and broadband arm of leadership in the rapidly evolving communications service provider landscape of ABS-CBN, Philippines’ leading DTH, broadband and cable TV services.
    [Show full text]
  • CTA AC NO. 182 Page 2 of 21
    REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY SECOND DIVISION DESTINY CABLE, INC., CTA AC NO . 18 2 Petitioner, (Civil Case No. 14-612) Members: -versus- CASTANEDA, JR.,Chairperson, CASANOVA, and MANAHAN, JJ. THE CITY OF MAKATI AND HON . NELIA A. BARLIS, IN HER CAPACITY AS CITY TREASURER, Promulgated: Respondents. MAR 1 4 2018 /' / / ;: K /""· x------------------------------------------------------------------------------------------x DECISION CASTANEDA, JR., } .: THE CASE This is a Petition for Review filed by Destiny Cable, Inc. on February 10, 2017, praying for the reversal and setting aside of the Decision 1 dated September 21, 2016 (assailed Decision) and the Order2 dated January 5, 2017 (assailed Order) of the Regional Trial Court (RTC) of Makati City - Branch 66 in Civil Case No. 14-612 entitled "Destiny Ca ble, I nc. vs. The City of Makati and Hon. Nelia A. Ba rlis in her capacity as City Treasurer". ~ 1 Annex "A", CTA Docket, pp. 40-45. 2 Annex " B", CTA Docket, p. 46 . DECISION CTA AC NO. 182 Page 2 of 21 In the assailed Decision, the RTC dismissed petitioner's Complaint for lack of merit and ordered it to pay its local business tax (LBT) assessment for calendar years (CYs) 2009, 2010, and 2011 in the aggregate amount of P25,069,245.92. The dispositive portion of the assailed Decision reads: "WHEREFORE, premises considered, the instant Complaint is hereby DISMISSED for lack of merit. Herein plaintiff is hereby directed to pay its taxes as assessed and embodied in the Notice of Assessment dated August 15, 2013 in the amount of Php25,069,245.92.
    [Show full text]
  • Accs Cfs1218 Abscbn Corporation and Subs Filed.Pdf
    ABS-CBN CORPORATION ANNUAL REPORT PART I - BUSINESS AND GENERAL INFORMATION 3 1. Business Overview 3 1.1. Historical Background 3 1.2. Lines of Business 3 1.3. Subsidiaries 6 1.4. Significant Philippine Associates and Affiliates 8 1.5. Competition 8 1.6. Patents, Trademarks, Licenses, Franchises, Concessions, Royalty 12 1.7. Corporate Social Responsibility 16 1.8. Principal Competitive Strengths of the Company 18 1.9. Key Strategies and Objectives 21 1.10. Transactions with Related Parties 19 1.11. Risks Relating to the Company 20 2. Properties 20 2.1. Head Office 20 2.2. Local and Regional Properties 23 2.3. Leased Properties: 25 3. Legal Proceedings 207 4. Submission of Matters to a Vote of Security Holders 28 PART II - OPERATIONAL AND FINANCIAL INFORMATION 30 5. Market for Issuer’s Common Equity and Related Stockholder Matters 28 6. Management’s Discussion and Analysis of Financial Condition and Results of Operations 284 7. Financial Statements 34 8. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 34 PART III - CONTROL AND COMPENSATION INFORMATION Error! Bookmark not defined. 9. Directors and Executive Officers of the Issuer 35 9.1. Board of Directors 35 9.2. Executive / Corporate Officers 39 10. Executive Compensation 44 11. Security Ownership of Certain Beneficial Owners and Management 46 12. Certain Relationships and Related Transactions 49 PART IV - CORPORATE GOVERNANCE 52 13. Corporate Governance 52 PART V - EXHIBITS and SCHEDULES 65 14. Exhibits and Reports on SEC Form 17-C 65 SIGNATURES 65 PART I - BUSINESS AND GENERAL INFORMATION 1.
    [Show full text]
  • Philippines US$28.7M Revenue in 2018, Accumulated Loss Tops $378M
    9-22 September C NTENT 2019 www.contentasia.tv l www.contentasiasummit.com NBC orders Sky Castle pilot U.S. breakthrough for Korea’s JTBC U.S. network NBC has ordered a pilot based on Korean series Sky Castle from Korean network JTBC/Drama House and local indie production company HB Entertainment. A network spokesman in the U.S. said the pilot was in develop- ment under the auspices of Berlanti Pro- ductions in association with Warner Bros Television, and was not a series order. The full story is on page 2 Singapore’s Toggle ups short-form Flix Snip deal adds 29 titles, pushes domestic content barriers Nine-month old global short-form con- tent service, Flix Snip, has rolled out in Asia in partnership with Singapore’s Me- diacorp, streaming 29 international titles with themes that put Mediacorp among the country’s most progressive broad- casters. The full story is on page 3 ContentAsia Summit Thanks to our partner StarHub Ch 434 Who said what... NOW AVAILABLE & who was there FOR ALL ASIAN TERRITORIES! The 11th ContentAsia Summit wrapped at the end of August with one clear mes- sage: Life has never been better for Asian storytellers. Here’s some of what was said. There’s more in our Mipcom issue, out in gustoworldwidemedia.com gustotv.tv [email protected] early October. C NTENTASIA 9-22 September 2019 9-22 September 2019 Page 2. Page 2. NBC orders Sky Castle pilot U.S. breakthrough for Korea’s JTBC NBCUniversal has ordered a pilot based on Korean series Sky Castle from Korean network JTBC/Drama House and local in- die production company HB Entertainment.
    [Show full text]
  • Philippines in View Cc
    PHILIPPINES IN VIEW 2021 Table of Contents Chapter 1: Overall TV Market Environment ........................................................................ 2 Chapter 2: Online Curated Content (OCC) Market Environment ....................................... 13 Chapter 3: Traditional Pay TV Market Environment ......................................................... 45 Chapter 4: Piracy in the Philippines: Piracy and Unauthorized Distribution for Online and Traditional TV .................................................................................................................. 97 Chapter 5: Regulatory Environment for Digital Content ........................................................ 102 References ..................................................................................................................... 113 Annex A: Top TV Programs ............................................................................................. 121 Annex B: Glossary of Acronyms ...................................................................................... 125 1 Chapter 1: Overall TV Market Environment The disruptions to the Philippine television (TV) industry over recent years are many and the most recent of them, the 2019 coronavirus pandemic (COVID-19), has not made things easier. In June 2020, the World Economic Forum cited the myriad ways the pandemic has affected the media industry from content creators to distributors, saying that while consumer demand for content has skyrocketed due to lockdowns and the prevalence of remote
    [Show full text]
  • Communication
    Media - In general, "media" refers to various means of communication. Channels of communication that serve many diverse functions, such as offering a variety of entertainment with either mass or specialized appeal, communicating news and information, or displaying advertising messages. The media carry the advertisers' messages and serve as the vital link between the seller of a product or service and the consumer. Communication: "Any act by which one person gives to or receives from another person information about that person's needs, desires, perceptions, knowledge, or affective states. Communication may be intentional or unintentional, may involve conventional or unconventional signals, may take linguistic or nonlinguistic forms, and may occur through spoken or other modes." The Sender in the Communication Process "Two essential elements in every communication situation are the sender and the receiver. Thesender is anyone who wishes to convey an idea or concept to others, seek information, or express a thought or emotion. The receiver is the person to whom the message is sent. The sender encodes the idea by selecting symbols with which to compose a message. The message is the tangible formulation of the idea that is sent to the receiver. The message is sent through a channel, which is the communication carrier. The channel can be a formalreport, a telephone call, an e-mail message, or a face-to-face meeting. The receiver decodes the symbols to interpret the meaning of the message." "In the communication process, the role of receiveris, I believe, as important as that of sender. There are five receiver steps in the process of communication--Receive, Understand, Accept, Use, and Give a Feedback.
    [Show full text]
  • 20 MAR-4 P3«L
    ' ^'©KiCf of t|)r ferrrrtflrp EIGHTEENTH CONGRESS OF THE ) REPUBLIC OF THE PHILIPPINES ) First Regular Session ) 20 MAR-4 P3«l SENATE Introduced by Senators MANUEL "LUO" M. LAPID, SHERWIN GATCHALIAN, JOEL VILLANUEVA, MARIA LOURDES NANCY S. BINAY, JUAN MIGUEL F. ZUBIRI, SONNY ANGARA, RALPH G. RECTO, GRACE POE, and EMMANUEL "MANNY" PACQUIAO CONCURRENT RESOLUTION EXPRESSING THE SENSE OF THE CONGRESS TO ALLOW ABS-CBN BROADCASTING CORPORATION AND SKY CABLE CORPORATION TO OPERATE PENDING THE FINAL DETERMINATION OF THE RENEWAL OF THEIR RESPECTIVE FRANCHISES BY THE EIGHTEENTH CONGRESS THROUGH THE ISSUANCE OF THE APPROPRIATE PROVISIONAL AUTHORITY BY THE NATIONAL TELECOMMUNICATIONS COMMISSION 1 WHEREAS, by virtue of Republic Act No. 7966, ABS-CBN Broadcasting 2 Corporation was "granted a franchise to construct, operate and maintain, for 3 commercial purposes and in the public interest, television and radio broadcasting 4 stations in and throughout the Philippines, through microwave, satellite or whatever 5 means including the use of any new technologies in television and radio systems, 6 with the corresponding technological auxiliaries or facilities, special broadcast and 7 other broadcast distribution services and relay stations" for twenty-five (25) years 8 or until May 4, 2020; 9 WHEREAS, under Republic Act No. 7969, SKY Cable Corporation (formerly 10 Central CATV, Inc.), was granted a franchise "to construct, establish, install, 11 operate and maintain for commercial purposes and in the public interest, 12 community antennae television systems" for twenty-five (25) years or until May 4, 13 2020. 14 WHEREAS, as early as the 16th Congress, an attempt had been made to 15 renew the franchise of ABS-CBN through the filing of House Bill No.
    [Show full text]
  • September 2018: SKYBIZ: Seizing the Momentum
    SEPTEMBER 2018 www.lopezlink.ph Lopez Group celebrates 12 healthful years of Walk the Talk. Story on page 10. http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph SKYBIZ: Seizing theSKYBIZ Enterprise and MSME head Dickymomentum Liwanag, SKY Cable Regional Business Group head Ed Patron and National Sales head Kenneth Orlanes are men on a mis- sion. The three of them are key figures in the company’s objective to earn P2 billion in revenues by 2020. Turn to page 6 First Gen leads way The sound values Get help with your …page 2 of Devin Lopez …page 12 …page 9 to-do list! Lopezlink September 2018 Lopezlink September 2018 Biz News JANUARY TO JUNE 2018 FINANCIAL RESULTS (UNAUDITED, CONSOLIDATED) Net income attributable to equity ANC brings billionaire investor Lopez Holdings attributable Total revenues holders of the parent company net income at P.174B 2017 2018 % change 2017 2018 % change Kevin O’Leary to Manila By Carla Paras-Sison VENTURE capitalist and ABS-CBN P19.344B P18.936B -2 P1.455B P849.882M -42 entrepreneur Kevin O’Leary, EDC P17.747B P17.135B -3 P4.615B P3.366B -27 LOPEZ Holdings Corpora- ate First Philippine Holdings net income during the period. known as “Mr. Wonderful” in tion reported P2.174 billion in Corporation (FPH) accounted Unfavorable forex movement First Gen $853.995M $932.850M +10 $57.993M $84.861M +46 the business-themed program net income attributable to eq- for the results. during the period partially off- FPH P51.482B P58.674B +14 P2.516B P4.048B +61 “Shark Tank,” will be coming to uity holders of the parent for Unaudited consolidated rev- set the effect of growth in the Lopez Holdings P51.482B P58.674B +14 P1.763B P2.174B +23 Manila for the ANC Leader- the first six months of 2018.
    [Show full text]