ABS-CBN'S PREFERRED DTV STANDARD APPROVED BY NTC!

MANILA, Philippines - The National Telecommunications Commission (NTC) is set to issue a circular, which will formalize the country's shift to Japanese digital TV standard, next month.

NEW GMA PRIME TIME SHOWS SCORES LACKLUSTER RATINGS IN MEGA MANILA!

Here are the Top 10 daytime and primetime programs from October 14 to 15, 2013 among Mega Manila households (Household Ratings):

ABS-CBN TO TEAM UP WITH KOREA'S BIGGEST MEDIA GROUP FOR A NEW CHANNEL!

MANILA, Philippines - ABS-CBN Corp., the country's leading information and entertainment multimedia conglomerate, is teaming up with South Korean conglomerate CJ Group for a new TV home shopping venture.

In a disclosure to the stock exchange, ABS-CBN said it is investing at least P200 million in a joint venture with CJ O Shopping, one of the world's largest home shopping companies.

"The joint venture, A CJ O Shopping Corp., combines the strength of the two industry giants to empower Filipinos with information about reliable and world-class products that they can obtain through time-saving purchasing process," ABS-CBN said.

ABS-CBN CORP EXPECTS TO HIT PROFIT TARGET FOR 2013!

MANILA - ABS-CBN Corporation expects growth to be "very positive" next year despite the absence of political advertisements, an executive said today.

"Obviously, there won't be any political advertising, but with the gross domestic product (GDP) growing at that rate hopefully consumer spending will be fueled by private spending and public spending, which actually will push consumer spending and this will help these consumer products -- Unilever, Procter&Gamble -- to hit their revenue targets," Aldrin Cerrado, ABS-CBN chief financial officer told reporters on the sidelines of a forum organized by Finance Asia.