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Saturday, June 23, 2012

ABS-CBN IS NOT FOR SALE, LOPEZ


BROADCAST firm ABS-CBN Corp. on Thursday said the company is not for sale amid talks that Ramon S. Ang, president of San Miguel Corp. (SMC), is interested in venturing into the Philippine broadcasting industry.

Eugenio L. Lopez III, chairman and chief executive officer of ABS-CBN, said there are no discussions nor were there any feelers sent by Ang’s group with regards to a possible sale of the TV station.

“Hindi po. ABS-CBN is not for sale,” Lopez said in reply to a question raised by a stockholder during the annual stockholders’ meeting.


Moreover, Lopez said ABS-CBN is not threatened by the impending tandem of Associated Broadcasting Co. (ABC), operator of TV5, and GMA Network Inc .

“Combining channels, programs are not going to lead to give you an inordinate structural advantage. We are competing not only against channels but with internet and hundreds of channels. It makes no difference to me if there’s one owner or hundred owners, we’re still competing against all of them. That will not change regardless of what the equity structure is of those companies,” Lopez said.

Manuel V. Pangilinan earlier said an investment deal with GMA7 may be finalized within the year.  If and when completed, ABS-CBN expects to face stiff competition from TV5 and GMA7.

But Lopez said any deal between GMA7 and TV5 won’t change “what we have to do.”

 “We’re very focused on our own strategy. The number of channels that we have to compete against remains the same. As far as we’re concerned, we just have to execute and we’ll be okay,” he said. 

ABS-CBN chief financial officer Ronaldo Valdueza, meanwhile, said the broadcast firm is on track to meet its full-year net income target albeit posting a flat first-half performance. “It’s close to flat. But we are sticking to our minimum target of P1.3 billion. We are on track,” he said. 

Lopez, meanwhile, said ABS-CBN’s second-half performance is on the path towards improving albeit an increase in operating costs. “There has been significant improvement, but because of the competitive climate, operating costs has been going up. It’s no secret we’ve had to increase our talent fees, which has had a significant impact on our overall profitability. The reality is if we did not have to increase our costs, we would show a significant increase this year. We feel our trajectory is correct and the second half would be significantly better,” he said.

ABS-CBN president and chief operating officer Charo Santos-Concio said the company is finalizing the business plan to build a soundstage and several backlot facilities.

“We took the next steps in our vision to becoming the Filipino content provider of choice. We are in the process of finalizing the business plan for the building of a soundstage and backlot facilities for our future productions and talents. These are facilities that would enable us to have better production quality while saving on time and cost of location shootings,” she said. 

ABS-CBN, said Valdueza, is planning to build at least 10 sound stages in the next five years that could roughly cost between P150 million and P200 million each.

“We have acquired a lot somewhere in Bulacan, it’s about 15 hectares. We have some consultants working with us. Hopefully, we will be able finalize the plans soon. We are hopeful we can build at least one soundstage within the year,” Valdueza said.

Lopez said about 65 percent to 75 percent of ABS-CBN’s shooting is done on location. With the sound stages, location shooting may be lowered to about 30 percent.

SOURCE

29 comments:

Anonymous said...

kumikita ang abs-cbn 2 kaya hindi for sale....

ang for sale lang eh yung mga mapagpanggap na network pero palugi na hahahahah....

Anonymous said...

ABS FOR SALE - only made up by extremist kapusucks

Anonymous said...

wala namang bibili ng abs-cbn dami utang,,daming talong kaso sa korte,,mga empleyado nag wewelga dahil kulang sa benepisyo,,daming namatay sa stampede, kriminal station..

Anonymous said...

D mangyayaring for sale ang abs cbn no.1 cla d cla maging ktulad ng GMA na malpit ng mabili wawa nman kapupu !

Anonymous said...

D mangyayaring for sale ang abs cbn no.1 cla d cla maging ktulad ng GMA na malpit ng mabili wawa nman kapupu !

Anonymous said...

Hindi for sale kasi kahit INTEREST man lang walang nagpaparamdam. LOL!

Anonymous said...

wala namang bibili ng abs-cbn dami utang,,daming talong kaso sa korte,,mga empleyado nag wewelga dahil kulang sa benepisyo,,daming namatay sa stampede, kriminal station..

__________________________________

ahahaha....yung mga ngwewelgang empleyado talo na sa supreme court...

daming utang?....maski ang pilipinas may utang hahaha....

kesa naman sa di nangungutang...kasi walang pambayad kaya ibebenta na lang hahahaha

DAHIL PAG KA FOR SALE PALUGI NA YAN HAHAHHAHA

Anonymous said...

oppppps gma palugi? kaya pala na laglag si lopez sa 40 richest samanatalang tatlong bosses ng gma kasama sa list...hahahahha...

Anonymous said...

oppppps gma palugi? kaya pala na laglag si lopez sa 40 richest samanatalang tatlong bosses ng gma kasama sa list...hahahahha...
_-----_-------.................
Yumayaman si gozon at duavit dahil tinitipid ang equipment at talent fee, kitang-kita naman na masmayaman ang mga artista sa abs kesa sa gma. Si julia montes nga may mansion na. At ito pa, akala nyo galing sa kita ng gma ang kayamanan ng dalawa? Hindi po, dahan-dahan nilang inilalabas ang mga nakuha nila bilang mga cronnies ni Marcos...

Anonymous said...

pag utang abscbn pag pangit na palabas gmeeeeew thats a FACT

Anonymous said...

Kaya pala mas maraming awards ang GMA internationally dahil pangit ang palabas.

Palubog ang mga LOPEZ. Nawala sa kanila ang Maynilad, Nlex, Meralco. Bumababa ang stocks at laglag sa TOP 40 riches in the phils. Yan ba ang tinatawag na NUMBER 1?

Masyado kayo maraming SATSAT! LOL!

Anonymous said...

http://kakulay.blog.com/2012/06/tv5-binili-ang-gma7-para-imonopolyo-ang-media/

Anonymous said...

http://kakulay.blog.com/2012/06/tv5-binili-ang-gma7-para-imonopolyo-ang-media/

Anonymous said...

Kaya pala mas maraming awards ang GMA internationally dahil pangit ang palabas.
______________________________

baka documentaries only tinutukoy mo ahehehe(w/c caters for sympathy) ahehehe, anyway panget nga talaga ang gmeww shows,ala ba budget? binulsa na ata ng stockholders ang karamihan sa kita hehehe

Anonymous said...

oo no.1 ang abs. number 1 sa KUBETA! LOL

GMADoubleNo1Where? said...

Kung No. 1 sa Kubeta ang ABS-CBN, eh ang GMA, saan sila Number one? Sa pagiging NGANGA? AHAHAHAHA. FYI mga Tangang Kapuso, nagkaka-International Award lang ang Documentaries ng GMA while ang ABS-CBN eh both News(documentaries) at Entertainment nagkaka-International Award kaya mga Kapusong Tanga, Tanggapin nyo nalang ang KATOTOHANAN na LUBOG, LUGI at BINENTA na ang Assuming Number One na GMA ;)) AHAHAHAHAHA

Anonymous said...

PATI SI GOZON NANUNUOD NG WALANG HANGGAN, HAHAHA....
http://newsonph.blogspot.com/2012/06/felipe-gozon-nanonood-ng-walang-hanggan.html

Anonymous said...

ABSCBN IS ONE OF THE WORST FINANCIAL PERFORMER. NUFF SAID LOL!

dexter said...

for same GMA...
for same GMA...
for same GMA...
for same GMA...
for same GMA...
for same GMA...

OK LNG UN KC SI GOZON NNUNUOD N NG WALNGHANGGAN.

PATI SI GOZON NANUNUOD NG WALANG HANGGAN, HAHAHA....
http://newsonph.blogspot.com/2012/06/felipe-gozon-nanonood-ng-walang-hanggan.html

Anonymous said...

oppppps gma palugi? kaya pala na laglag si lopez sa 40 richest samanatalang tatlong bosses ng gma kasama sa list...hahahahha...

___________________________________

huwag kang hunghang hahaha...dahil may pumasok na lopez dun hahah..

at maraming kumikuestiyon sa forbes hehehe dahil bakit wala daw dun si manny pangilinan...

ibig sabihin...hindi ganoon ka accurate...

kapusong hunghang! hahahahhah

Anonymous said...

Kaya pala mas maraming awards ang GMA internationally dahil pangit ang palabas.

Palubog ang mga LOPEZ. Nawala sa kanila ang Maynilad, Nlex, Meralco. Bumababa ang stocks at laglag sa TOP 40 riches in the phils. Yan ba ang tinatawag na NUMBER 1?

Masyado kayo maraming SATSAT! LOL!

____________________________

ABS-CBN 2 PALUBOG? IN YOUR DREAMS...HUNGHANG NA KANGUSO..

ang ABS-CBN 2 ..

may TFC- with 2.2 million subscribers..

may SKYCABLE at HOME CABLE din ang channel 2

pati DESTINY....nabili na ng SKYCABLE...

may BAYANTEL DIN ANG ABS-CBN 2

may STAR RECORDS

may STAR CINEMA

may STAR STUDIO MAGAZINES...AT GROUP OF METRO MAGAZINES...

sus hahaha.....baka kayo ang palubog mga kanguso...

KAYA NGA FOR SALE NA KAYO EH...HAHAHAHAHAH

dexter said...

FOR SALE GMA
FOR SALE GMA
FOR SALE GMA
FOR SALE GMA
FOR SALE GMA
FOR SALE GMA
FOR SALE GMA
FOR SALE GMA

Anonymous said...

Charot consius.....nanonood ng 24 oras...with proof- nasa youtube...while gozon nananonood ng walang hanggang- without proof, from those stupid blogsites or tabloid,,,whauuaua we want proof na sa mismong bibig niya mismo galaing.....parang marian rivera lang- sa daming artista na kinalaban niya- ni isa walang proof na maipakita-...mga blogsite, tabloids - mahilig lang sa tsismis

Anonymous said...

Anonymous said...

Charot consius.....nanonood ng 24 oras...with proof- nasa youtube...while gozon nananonood ng walang hanggang- without proof, from those stupid blogsites or tabloid,,,whauuaua we want proof na sa mismong bibig niya mismo galaing.....parang marian rivera lang- sa daming artista na kinalaban niya- ni isa walang proof na maipakita-...mga blogsite, tabloids - mahilig lang sa tsismis

_________________________________



ay ang bobo mo tanga, alam nu mga kanguso napaka BOBO nu talaga no? as in super napaka bobo...


charo nag bigay ng message sa loob ng news war room abs-cbn news kung saan andun lahat ng tv monitor na naka tune sa ibat ibang channel, tv5,GME, ANC,studio 23,Qtv, NBN, RPN, IBC, kahit international channel naka tune in din, CNN, FOX, BBC. kahit mga ibang news organization same lang den. marami silang tv monitor para naka tune in den sa lahat ng news channel. kahit ang gme news war room ganun den sila may tv monitor den silang naka tune sa tv patrol.

Ganun talaga ang makitid ang utak no?

BOBO mo talaga kupaloids!

Anonymous said...

Charot consius.....nanonood ng 24 oras...with proof- nasa youtube...while gozon nananonood ng walang hanggang- without proof, from those stupid blogsites or tabloid,,,whauuaua we want proof na sa mismong bibig niya mismo galaing.....parang marian rivera lang- sa daming artista na kinalaban niya- ni isa walang proof na maipakita-...mga blogsite, tabloids - mahilig lang sa tsismis

_________________________________



ay ang bobo mo tanga, alam nu mga kanguso napaka BOBO nu talaga no? as in super napaka bobo...


charo nag bigay ng message sa loob ng news war room abs-cbn news kung saan andun lahat ng tv monitor na naka tune sa ibat ibang channel, tv5,GME, ANC,studio 23,Qtv, NBN, RPN, IBC, kahit international channel naka tune in din, CNN, FOX, BBC. kahit mga ibang news organization same lang den. marami silang tv monitor para naka tune in den sa lahat ng news channel. kahit ang gme news war room ganun den sila may tv monitor den silang naka tune sa tv patrol.

Ganun talaga ang makitid ang utak no?

BOBO mo talaga kupaloids!
______________

bobonatic...ur dumb shit kapamilyucks..and point ko eh kung bakit nila inuulit ung "si gozon nanonood ng walang hanggang kuno"....kaya yan din ang sinabi ko.....bitch.....kung ganun lahat ng networks eh may sariling monitors para makita nila kung ano ang ginagawa ng other networks...makabobo wagas..ur just cheap pathetic die hard fantards of kapamilyucks channel gaybscbn....fuck it...loser..amoy basura parang pilipinas..amoy imburnal..boba....pulubing chakamilkyucks....

Anonymous said...

^

Ay wow, tanga, bobo, moron, idiot, imbecile, kapusod negro ka talaga, sabihin mo sa kanguso network mo na galingan kamo gumawa ng show ah hindi ung nagpapabobo at pinagmumukang tanga ang mga viewers nila. Meron daw pinapauso ang luna blanko ba un na ”sa letrang A” etc etc.... Ano un? Pauso effect?

Gozon taba inamin na niya noon na nanonood siya sa ABS, una nagbibilang ng ads, pangalawa kung ano ano ads ang pumapasok,pangatlo kung bakit pinapasok ng ads,. Pangapat maganda ba ang storya ng show kung bakit madaming ads pumapasok. Aun na.hook sa WH si gozon taba haha...


Loser kanguso hirap kung mismong ceo na nagsabi no? Haha...

Anonymous said...

GMA STARLETS!

Anonymous said...

Wala kaseng business strategy ang GMA kaya palugi na
sana bilhin na ni MVP ang gma para masaya

Anonymous said...

abs-cbn suckkkkkkkkkkkkksssssssssssssssssssssssssssss..msama mga ugali ng mga artista kaya may kanya kanyang grupo...tinotolerate kasi ng management....mga maldita

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