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Tuesday, August 28, 2012

ABS-CBN TO EXPAND IN THEME PARKS AND RESORTS BUSINESS!

MANILA, Philippines - Lopez-led multimedia conglomerate ABS-CBN Corp. is branching out into theme parks and resorts development, following the footsteps of global media giants Walt Disney Co., NBC Universal and Viacom which broke out of the cocoon of home entertainment.

The country’s largest media outfit has incorporated ABS-CBN Theme Parks & Resort Holdings Inc. with an initial authorized capital of P270 million to serve as the group’s vehicle for its foray into the amusement park business.

The Lopezes were earlier reported among those that have signified interest to partner with Japanese billionaire Kazuo Okada, one of the four investor groups granted a license to operate a casino in Philippine Amusement & Gaming Corp.’s Entertainment City.

Okada and the group of taipan John Gokongwei are still in talks for a possible partnership in the Japanese pachinko tycoon’s planned $2 billion integrated resort along Manila Bay.

Sources said ABS-CBN is banking on the flourishing market for family amusement rides and live shows as Asia’s large populations are now moving up into the bottom rungs of the middle classes, triggering a boom in theme park construction. With more disposable income and free time, the continent’s growing middle class tend to spend some of it on thrill rides.

In an industry challenged by piracy and a deteriorating DVD business, amusement parks have emerged as a bright spot. Theme parks have become one of the few steady growth drivers for global media and entertainment conglomerates.

Analysts said real estate has become indispensable to an entertainment company’s portfolio, its growth and promotional strategies. The recent years have seen many global media firms venturing into theme park and resorts development to diversify their revenue stream.

ABS-CBN produces world-class entertainment, news and information programs through its flagship station in Mega Manila, ABS-CBN Channel 2, and its free-to-air UHF channel Studio 23. Backed by a regional network of 25 originating stations, eight affiliates, and a collection of strategically-located relay stations across the archipelago, ABS-CBN’s nationwide reach remains unmatched to date.

The group also operates the country’s leading radio network led by DZMM Radyo Patrol 630 and Tambayan 101.9 in the FM band.

ABS-CBN owns SkyCable, the country’s largest cable television service provider with around 500,000 subscribers in Metro Manila and key urban areas nationwide.

Outside of the Philippines, ABS-CBN reaches an estimated two million Filipinos out of the more than eight million Filipinos overseas, through ABS Global’s The Filipino Channel (TFC).

TFC is available in the US, Canada, the whole of Europe, Australia, the Middle East, Japan, and a host of other Asia-Pacific countries via cable TV, direct-to-home satellite, Internet Protocol Television (IPTV), and the internet through TFC Now.

ABS-CBN’s in-house produced programs also reach foreign audiences through the distribution of ABS-CBN content to countries in Southeast Asia, Eastern Europe and Africa.

Star Cinema, ABS-CBN’s movie production unit, accounts for a 75 percent share of the local film market based on gross box office receipts, consistently producing one blockbuster hit after another.

ABS-CBN also leads the local music production and distribution outfit in the country through Star Records.

The media giant completes its tri-media offering with 14 glossy magazine titles, addressing the needs of the Philippine upscale market with features on fashion and lifestyle, gossip and entertainment, culinary arts, interior design, sports, and male-specific interests.

Blazing the trail in new media technology, ABS-CBN Interactive pioneered traditional media and SMS tie-ups in the country with the launch of TV text promos and TV polls / voting systems.

The group’s online properties – entertainment and news sites, online games, and social networking through one of the leading social networks in world, Multiply, have a solid following.

ABS-CBNnews.com is the news website of ABS-CBN Corp.

27 comments:

identity said...

ano ba nman yan..dami nyo business..

tapos un GMA as in GMA station lng...

dapat GMA gnon din...hmmmpp kso pla

FOR SALE NA...

identity said...

bkit s MVP wlng plan bilhn yn ABS?

kc NOT FOR SALE!!!!

GANON LNG Kdali diba...

Anonymous said...

iba talaga ang ABS-CBN 2...MAKIKITA MONG UMUNLAD TALAGA!!

HABANG PAPAUNLAD ANG ABS-CBN 2...

yung isang network ibinebenta na...

at parang galunggong na tinatawaran...

Anonymous said...

Kaya nga malaki kita ng gma kc tutok sila sa isanh business. D gaya abs dami business puro lugi naman...congrats gma sa just one summer blockbuster at nagdadagdag pa ng sinehan kc sa dami ng nanonood. Movie of the year tlga sya.

identity said...

just one summer blockbuster waattttttttt

mag basa muna poh k u nag ibat ibang wedsite...ok...kkhiya k...

JUST ONE SUMMER ay tinanggal n poh s ibang sinehan kc halos wala nang nnunuod......

Anonymous said...

just one summer...super flop....

pull out sa mga sinehan hahahha...

Kapamilya Ako said...

blockbuster daw?...d nga?......

flop nga daw...tinanggal na nga sa ibang sinehan kasi nilalangaw....

http://iamjammed.com/movies/gma-films-just-one-summer-is-a-flop/#

Anonymous said...

D nyo matanggap n humahataw sa sinehan just one smmer. As of today nakaka 56 million sa sinehan...gnun tlga kapamilya d lng kau humahataw sa
ovie.

Kapuso-Negro said...

=====================================
Sus palusot! GMA daw tutok lang sa iisang business!!! eh anong nangyari kung tutok bat di umo-unlad ang ratings ninyo?? Aber? sus! kamo ala silang pera! in short nagtitipid para di mabawasan ang mga bilyones para sa susunod na survey sasabihin na namang di bumaba ang kita! ahihihi

=====================================
Go lang ng Go ABS!!! GMA magpapatayo din daw ng Palengke! kasama na dun sa ibebenta ang Stasyon nila! XD

Anonymous said...

hahaa. . , kacheapan naman yan. . , palengke lang ang maitayo??., waahaha. . , eh ang ABS nga magpapatayo ng Lopez Tower and it will be the highest tower in the philippines pag natapos na ito .. wow huh. . .

Anonymous said...

money money money

Anonymous said...

I like the idea. Yun ang kulang sa atin. Theme parks mala Disneyland. I'm sure marami jang fantaserye inspired rides and attractions. Tsaka mga horror attractions from their movies. Samahan na rin nila ng exhibits and museum. And a replica of the PBB house na pwedeng actually tumabay sa loob. And this is also extra marketing tool for their shows movies and stars.

Anonymous said...

1 roller coaster can cost up to 200 million to billion pesos...dream on...sa pilipinas nga iilan lang ang roller coaster because its expensive..baka utang na naman yan...15 billion na ang utang niyo...

Anonymous said...

1 roller coaster can cost up to 200 million to billion pesos...dream on...sa pilipinas nga iilan lang ang roller coaster because its expensive..baka utang na naman yan...15 billion na ang utang niyo..
__________________

Part of the previous loan ng ABS CBN kukunin ang budget jan kaya hindi mo dapat pinoproblema. Ang problemahin mo ay ang pabagsak na revenue ng GMA.

Anonymous said...

'The Reunion' grossed P31.21-million on its first 5 days, while 'Just One Summer' (flop?) only grossed 5 times lower, a miserable P6.16-million, according to figures released at BoxOfficeMojo.com.

Meanwhile, Star Cinema's "The Healing", which starred Vilma Santos and Kim Chiu, has finally reached the 100-million-peso mark after 4 weeks in theaters.

It's only the 3rd Filipino film to achieve so this 2012, after "Unofficially Yours" with a final gross of P157.25-million and "Kimmy Dora and the Temple of Kiyeme" with P133.96-million.


star Cinema's barkada movie The Reunion starring Xian Lim, Kean Cipriano, Enchong Dee and Enrique Gil had already grossed P55.57 million after 2 weeks of showing in theaters according to third party tabulator Box Office Mojo (BOM). The said movie had an opening gross of P10 million according to Star Cinema. The Reunion added about P24 million to its first week gross of P31.21 million to maintain its 3rd place position on the box office tally for the period of August 22-26

Kapuso-Negro said...

===================================
Anonymous said...

1 roller coaster can cost up to 200 million to billion pesos...dream on...sa pilipinas nga iilan lang ang roller coaster because its expensive..baka utang na naman yan...15 billion na ang utang niyo...

August 29, 2012 8:22 AM
===================================
Para sa ABS-CBN posible yun, pero kung GMA magpapatayo ng roller coaster na yan eh napakalaking IMPOSIBLE nun! nagtitipid nga diba? at kung mangutang man sila nababayaran naman at may malaking napupuntahan! at higit sa lahat nababawi naman sa kita ng Movies di tulad ng iba jan, sa ratings at sa ads!, Huwag kang mainggit! yaan mo magpapatayo din ang GME yun ngalang puro slides, swing at seesaw lang makikita. ahihi

Anonymous said...

kahit pa kumita yang movie na e puro walang kwenta sa buhay-- no moral sense ika nga, tapos yung iba nmn jan ay iba namn ang pinapanood, imbes manood sa may kalidad na movie e mas pinili payung kababawan--masamang pagkatao ang ganyan-- dible e walng binatbat sa kita ng GMA na galing sa mga advertizers... still GMA is the most profitable tv station in the ph! GMA 7 is the real and still the number 1 tv chanel;; and GMA 7 has been crashing 2 for a decade almst bwahaha

Anonymous said...

weh,, di nga? sersosyo???
ULOL!!!
minsan wag maging ilusyonada!!! katangahan, gawing libangan.... HAY MGA KAPUSHER TALAGANG MGA PUSHER KAYO... lalo na itong sa taas... hahahaha!!!

Anonymous said...


kAPOKPOK said...

kahit pa kumita yang movie na e puro walang kwenta sa buhay (weeh?)-- no moral sense ika nga(TOTOO?), tapos yung iba nmn jan ay iba namn ang pinapanood (GANUN TALAGA!) , imbes manood sa may kalidad na movie e mas pinili payung kababawan (DI NGA! MAY KALIDAD TALAGA?)--masamang pagkatao ang ganyan (TULAD MO?)-- dible e walng binatbat sa kita ng GMA na galing sa mga advertizers (OK, SABE NIYO EH!)... still GMA is the most profitable tv station in the ph!(KAYA BA FOR SALE?) GMA 7 is the real and still the number 1 tv chanel (KUNO!);; and GMA 7 has been crashing 2 for a decade almst bwahaha (IKAW NA!)

August 30, 2012 1:19 PM

Anonymous said...

yung mga ilong jan ng mga chaka ay umuusok parin hanggang ngayon kasi poor second parin yung chanel2 nila sa chanel 7! galit parin sila kasi taon taon nalng ay talonan prin ang mga chakaviewrs ng chakastation hahaha ...

Anonymous said...

yung mga ilong jan ng mga chaka ay umuusok parin hanggang ngayon kasi poor second parin yung chanel2 nila sa chanel 7! galit parin sila kasi taon taon nalng ay talonan prin ang mga chakaviewrs ng chakastation hahaha ...

Anonymous said...

just one summer was pulled out of some theaters because only a few were watching it unlike the reunion it is still showing in most theaters since a lot are watching it

see the difference?

GMA TSALUNAN! said...

Hay wawang mga Kapusa Nilalangaw na nga sa Ratings pati movie nilalangaw pa rin. ano ba yan mabaho? nilalangaw eh! hahaha SPELL L-O-S-E-R-!-!-!

Anonymous said...

Philippine Box Office Update (LOCAL FILMS of 2012)
as of August 2012

1. UnOfficially Yours
4-week gross: P157.25M
Produced by Star Cinema
Distributed by Star Cinema

2. Kimmy Dora and the Temple of Kiyeme
6-week gross: P133.96M
Produced by Spring Films
Distributed by Spring Films & Star Cinema

3. The Healing
4-week gross: P104.60M
Produced by Star Cinema
Distributed by Star Cinema

4. Moron 5 and The Crying Lady
3-week gross: P64.64M
Produced by Viva Films
Distributed by MVP Pictures & Viva Films

5. The Reunion
2-week gross: P55.57M
Produced by Star Cinema
Distributed by Star Cinema

6. Born To Love You
4-week gross: P52.37M
Produced by Star Cinema
Distributed by Star Cinema

7. Corazon: Ang Unang Aswang
4-week gross: P51.4M
Produced by Skylight Films Productions & Reality Entertainment
Distributed by Star Cinema

8. Every Breath U Take
3-week gross: P50.19M
Produced by Star Cinema
Distributed by Star Cinema

9. The Mommy Returns
3-week gross: P30.61M
Produced by Regal Films
Distributed by Regal Films

10. Boy Pick-Up: The Movie
4-week gross: P25.38M
Produced by Regal Films & GMA Films
Distributed by Regal Films & GMA Films

11. A Mother's Story
2-week gross: P24.81M
Produced by The Filipino Channel
Distributed by Star Cinema

12. #My Cactus Heart
3-week gross: P23M
Produced by Skylight Films Productions
Distributed by Star Cinema

13. My Kontrabida Girl
3-week gross: P13.09M
Produced by GMA Films
Distributed by GMA Films

14. The Witness
3-week gross: P8.61M
Produced by GMA Films & Skylar Pictures
Distributed by GMA Films & Skylar Pictures

15. Just One Summer
1-week gross: P6.16M
Produced by GMA Films
Distributed by GMA Films

16. Hitman
3-week gross: P5.75M
Produced by CM Films Inc.
Distributed by CM Films Inc. & Viva Films

17. Mga Mumunting Lihim (Independent Film)
1-week gross: P774,349
Produced by Largavista Entertainment
Distributed by Cinemalaya and OctoArts Films

Anonymous said...

Nakakaduwa ang mga kapuso fans dito. Hindi lahat ng kapuso yung mga tanga lang talaga! Walang kwenta ang mga pinagsasasabi! Nakakaumay makipagargue sa mga taong mga mabababawa! Maganda yang magpatayo ng theme park ksi panibagong trabaho na naman sa mga Pilipino! Sana magpatayo rin ang gma at tv5 para dumami pa ang trabaho. Trabaho ang kailangan ng mga Pilipino!

Anonymous said...

nkaka tawa na nkaka awa tong mga kapuso parang mga mang mang kung mag comment daig p elementary haha. well yan n ang resulta ng impluwensya s kanila ng network nila n panay kasinungalingan lng ang snasabi nloloko b nman ang sarili nila sa survey n sila sila din ang my gawa pati b nman kita pinag mamayabang pa pero ag shows nila ayaw gastosan para mka gawa nman ng my kalidad n shows uma asa lng nman sa gaya gaya at remake n sa ulolado n story ano p aabangan mo dun alam n alam n kwento tapos ssbihin nyo d kalidad n at world class n yun? yun n ba ang ibig sbihin sa inyo ng wolrd class? hehehe saang mundo kaya yun? baka sa mundo ng mga panaginip. kaya kapuso n0.1 daw? in your dreams.

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