In a press conference after the company's stockholder's meeting, ABS-CBN chief financial officer Ronaldo Valdueza said, "The increase in operating costs has put a drag on the company's profits", gesturing a modest profit outlook in the first half of 2012.
"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," Lopez said.
ABS-CBN expects its first-half profit growth to be flat, but is still on track to meet its full-year net income target.
"It's close to flat. But we are sticking to our minimum target of P1.3 billion. We are on track for P1.3 billion," ABS-CBN chief financial officer Ronaldo Valdueza said.
Lopez said the second half is going to be "significantly better" than the first half, as the network continues to improve programming.
"It's close to flat. But we are sticking to our minimum target of P1.3 billion. We are on track for P1.3 billion," ABS-CBN chief financial officer Ronaldo Valdueza said.
Lopez said the second half is going to be "significantly better" than the first half, as the network continues to improve programming.
ABS-CBN executives said the network continues to dominate the primetime slot and its noontime show is making headway in the ratings game.
"We're very optimistic the ad community would see that if you combine the ratings of both rural and urban, we have an inordinate increase over our competitors, whether singly or combined, ABS-CBN is way ahead of them," Lopez said.
Posts
8 comments:
BALIWALA parin yan kung tinataas un TALENT FEES ng mga DOS...kung un mga artista nila eh tinatapatan ng 3X TO 5X
ang knilang TF...
ganyan si MVP.
but atlest eh un mga SOLID n artesta s ABS hnde n mag iicip n lumipat p...
very well said sir gabby ^_^
BALIWALA parin yan kung tinataas un TALENT FEES ng mga DOS...kung un mga artista nila eh tinatapatan ng 3X TO 5X
ang knilang TF...
ganyan si MVP.
but atlest eh un mga SOLID n artesta s ABS hnde n mag iicip n lumipat p.
__________
tAMA , pero ok na un kasi medyo mataas na nga TF nila maganda pa ang exposure nila kasi nasa ABS-CBN sila,
nasa TV5 nga na mataas TF kaso unti unti namang nalalaos haha... Maricel soriano? aga? sharon? etc...
MAS MAGANDA PA RIN ANG EXPOSURE SA ABS-CBN 2...KAYA LAGI RING MAY TV COMMERCIALS ANG MGA TALENTS NILA DAHIL ALAM NG MGA ADVERTISERS NA MAS PINAPANOOD TALAGA ANG DOS...
at kahit sobrang laki ang talent fee na ibinibigay ng tv 5...waley pa rin sila...dahil ang channel 2 MAY TFC NA MAY 2.2 MILLIONS OF SUBSCRIBERS...
AROUND THE WORLD!!!! kaya hindi nalalaos ang mga artista.
eh even willie revillame nalaos na...laging talo sa megamanila and nationwide ratings ang wiltime bigtime nya....
Long-term for ABS, short-term for ABC, and pagpapayaman ni Gozon at Duavit sa GMA...
at least nung sinabi na 1.3 billion profit sigurado sila on track hindi na paliguy-ligoy pa...diba lolo G
Magnificent site. Lots of useful information here. I am sending it to some buddies ans additionally sharing in delicious.
And of course, thank you on your effort!
my website; Different types of gynecomastia
Post a Comment