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TV5 Network

From Simple English Wikipedia, the free encyclopedia
TV5 Network Inc.
Formerly
  • Associated Broadcasting Corporation (1962-1972)

  • Associated Broadcasting Company (1992–2008) / ABC Development Corporation (1992–2015)
Company typePrivate (1962–2010)
Subsidiary (since 2010)
IndustryMass media
Entertainment
Founded1962; 62 years ago (1962) (original)
February 21, 1992; 32 years ago (1992-02-21)
August 9, 2008; 16 years ago (2008-08-09)
FounderJoaquin "Chino" Roces
HeadquartersTV5 Broadcast Complex, 762 Quirino Highway, Brgy. San Bartolome, Novaliches, Quezon City, Metro Manila, Philippines
TV5 Media Center, Reliance cor. Sheridan Sts., Brgy. Buayang Bato, Mandaluyong, Metro Manila, Philippines
Area served
Worldwide
Key people
ProductsTelevision program
Films
Music
Web portals
ServicesBroadcasting
Radio
Television
Streaming
RevenueDecrease PHP1.795 billion (FY 2014)
Total assetsIncrease 8.84 billion (FY 2011)
Owner
  • MediaQuest Holdings, Inc. (62%)
  • Upbeam Investments Inc. (22%)
  • Telemedia Business Ventures Inc. (11%)
  • Med Vision Resources Inc. (5%)
Number of employees
200–700+ (FY 2018)
ParentPLDT Beneficial Trust Fund
(MediaQuest Holdings)
Divisions

TV5 Network, Inc. commonly known as TV5, is a Philippine media company based in Mandaluyong, with its alternate studios in Novaliches, Quezon City. It is primarily involved in radio and television broadcasting, with subsidiaries and affiliates dealing in various media related businesses. TV5 is owned by MediaQuest Holdings, an investee company of Philippine telecommunications giant PLDT, through its Beneficial Trust Fund, and headed by business tycoon Manuel V. Pangilinan.

Among its assets owns and operates three broadcast television networks (TV5, One Sports and RPTV), the national radio station (92.3 Radyo5 TRUE FM), and the regional radio network (Radyo5). It also operates three international television channels (Kapatid Channel, One Sports Global and RPTV Global) along with subsidiaries digital terrestrial television providers (Sulit TV) an exclusive sales and marketing agent (Media5) as well as digital and online portals technology (D5 Studio; TV5.com.ph, News5 Digital, and GG Network).[1]

References

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  1. "TV5". philippines.mom-rsf.org. Retrieved 2023-11-17.

Other websites

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