The company has purchased a 15-hectare property in Novaliches, Quezon City, located north of Metro Manila, to house the sound stage, according to ABS-CBN chairman and chief executive officer Eugenio Lopez III.
"This will radically change our production costs. Today, 80% of our production is remote and 20% is studio, when the sound stages are done it will be 80% studio and 20% remote."
ABS-CBN produces most of its soap operas and other television shows, which it also exports to other countries.
The company spends about P100 million annually on location rentals alone. Sudden changes in weather and bad traffic in the capital also add to costs.
"We believe there is a potential for sales to foreign content providers that want to shoot in a sound stage so we want to build state-of-the-art sound stage so that we can attract other foreign content providers to do their productions here," Lopez added.
This year, ABS-CBN eyes to match its record profit of P3.2 billion in 2010 even in the absence of election-related advertisements.
"Our ratings have improved significantly, so we expect that to drive revenues moving forward," said Lopez.
"We're confident to hit full-year P3.2 billion income. If you look at the regular ad minutes, they've slightly slowed this month but given the state of the economy, we see these picking up in coming days. We continue to manage our costs aggressively," added ABS-CBN chief finance officer Ron Valdueza.
Also, according to a report by ANC, ABS-CBN will invest P3 billion for the first 3 soundstages and will build 3 other soundstages in the future totaling to a whopping P6 billion pesos.Just a comparison, ABS-CBN's new soundstages compound will roughly be the same size as CBS' Studio Center
Credits: ABS-CBNEWS.COM
Posts
60 comments:
bantayan nyo yan neh..
paniguradong
merong istayon na naman ang gagaya
tapos iibahin lang ang tawag..
tapos sasabihin na una sa asia at pinas..
lam nyo na kung anong istasyon ang
Gustong
Maging
Abscbn
correction po admin, multi-billion di multi-million.
The new soundtages will cost P6 billion and the soundstage complex will roughly be the same size as CBS Studio Center.
para lang sa mga kapuso
SOUNDSTAGE COMPLEX po ito. Di po ito gaya ng GMA Network Studios. Iba ang SOUNDSTAGE sa STUDIO.
+++++++++++++++++++++++++
let me guess, uutang nanaman ang EWBS para sa stage ek ek na ito?? hahhahaha!!!!
Ayan na, ang leader ng Utang Patrolers lumabas na.
sa ma kapuso na walang kinang at kupas kapag nag utang ka meaning may pang bayad ka.... Ewan ko lang sa GMA kambing na may bangs....
On another note. Star Creatives (Star Cinema, Star TV, Star Records) just held their first trade launch. It boasted many new movies that are planned to come out this year and next year. *thumbs up*
++++++++++++++++++++++++++
Alam nyo bagay talaga ang EWBS at ang mga dukhang kapams palaging nangungutang at kumakapit sa bumbay! Kaya nga todo cost cutting kay diba?
P10Billion plus P6billion utang = P16billion...
NExt topic dito sa tvnetworkwar, ABS-BN loans P6 billion to finance the stage ek ek!!! hahahah
Lahat ng corporations sa mundo umuutang. Alam mo ba yun? para sa expansion, improvement of facilities and equipment ect.. Pag pinautang may kakayahan kang magbayad. Utak mo kc pang squatter na utang!
Utang Patrolers, labas na. Kailangan ni Utot ng tulong niyo.
++++++++++++++++++++++++
It boasted many new movies that are planned to come out this year and next year. *thumbs up*
+++++++++++++++++++++++++++++++
teh nag grade 1 kaba? ang sagwa ng english mo ha! LOL bwahahahahh!!!
baka ikaw ang di nagaral. Wala pong mali sa sentence na yan. Di ko na kaslanan if you can't comprehend
Anonymous said...
Lahat ng corporations sa mundo umuutang. Alam mo ba yun? para sa expansion, improvement of facilities and equipment ect.. Pag pinautang may kakayahan kang magbayad. Utak mo kc pang squatter na utang!
+++++++++++++++++++++++++++++++++++
hay naku paulit ulit nalang yan ang dahilan nyo! eh bakit ang GMA noon noong nagpatayo sila ng P2-billion worth na studio complex na ngutang ba sila? WALA!!! KASI NGA MAY PERA! GETS?
Utang Patrolers lumabas na. Eto na nga yung chance niyo o, Labas na!
IN ALL FAIRNESS SA MGA KAPAMILYUCKZ NA TAG BUNDOK. ANG TV 5 ILANG YEARS NA SILA SA NOVALICHES.
PARANG NANG AASAR TALAGA SA NOVALICHES PA INILAGAY PARA ASARIN SI WILLIE.
as usual, bukhang bibig ng mga bobo ang salitang 'utang'
kung walang utang, bakit hindi makapagproduce ng dekalidad na pelikula?
hindi porke walang utang, may pera!
isa pa, hindi talaga magkakautang ang GMA7
bakit?
KASI KINAMKAM LANG YAN NG MGA CRONY NI MARCOS..
wag po natin kalimutan yan
ang abs-cbn bumangon mula sa wala
panghuli, kung hindi po naiintindihan ang salitang ASSET TO DEBT RATIO, wag na lang pumutak
HEALTHY po ang asset to debt score ng abs-cbn
kaya nga nakakapagbigay pa sila ng malaking bonus sa mga LEGAL na empleyado nila (NOTE: hindi kasama yung mga nagrereklamong contractual)
pagpasensyahan nyo na ang mga kanguso
pano mega manila ratings lang kaya ipagmalaki ng mga yan, dikit pa laban
ad revenue = TALO
net income = TALO
nationwide ratings = TALO
commercial endorsements ng talents = TALO
concerts/albums produced = TALO
assets = TALO
luging lugi daw si #prayerrallyforAmaya
walang loads grabe
trying hard kasi magpaka IMORTAL - wapakels sa ratings, punong puno ng ads mula umpisa hanggang katapusan.. advanced booking pa ang loads...
#Amaya #epicfail
=(
pano na lang ang bonus ng mga empleyado tsk tsk tsk...
Ang TV5 po ay lilipat na sa mandaluyong sa ginagawa nilang TV5 Media Center doon. at bakit naman nila aasarin si willie..e, pikon na nga yun.. bagsak na nga ang ad loads ng show ni willie.
ang Kapupu network hindi kailangan ng sound stage kasi koreanovelas ang ipinapalabas nila.
wahahaha!
ano ito..tatapatan din ba nila ang TV5 new building- diba multi billion din yun- sabi ni willie eh 10 billion( i forgot kung 10 billion yun) daw ang gastos dun
UTOT said...
+++++++++++++++++++++++++
let me guess, uutang nanaman ang EWBS para sa stage ek ek na ito?? hahhahaha!!!!
________
Nope, BAYAD NA YAN...
Alotted na ang budget jan...
BITTER ANG UTOT mo...
Anonymous said...
ano ito..tatapatan din ba nila ang TV5 new building- diba multi billion din yun- sabi ni willie eh 10 billion( i forgot kung 10 billion yun) daw ang gastos dun
________________
Media Center lang yung sa TV5, hindi yun sound stages.
Parang ELJ building lang ng ABS CBN yung sa TV5 sa Mandaluyong.
UTOT said...
++++++++++++++++++++++++++
Alam nyo bagay talaga ang EWBS at ang mga dukhang kapams palaging nangungutang at kumakapit sa bumbay! Kaya nga todo cost cutting kay diba?
P10Billion plus P6billion utang = P16billion...
NExt topic dito sa tvnetworkwar, ABS-BN loans P6 billion to finance the stage ek ek!!! hahahah
_________
Nanggagalaiti ka na naman sa UTANG NG ABS CBN...
Ikaw ba ang magbabayad?
Bwahahahaha...
UTOT,
Pakisagot nga ito...
Walang utang ang GMA?
Bakit napakalaki ng LIABILITIES ng GMA?
bitter c "FART"...magsama kau ni Willie
@UTOT
walang masama sa pagutang kung kayang bayaran. atsaka malaki naman ang kinikita nila yearly kesa sa GMA so kering keri naman nila. inggit ka lang. hahahahah
wow bongga.i like
buti nman ksi ndi p cla ngkakaroon ng tape s mga Soundstages eh. Ang GMA maka-ilang beses n ngtaping s isang soundstudio eh ang abs wla p. Ang Encantadia ngtaping n yan s mga soundstages yan eh. E2 katunayan:
The series created by GMA Network directed by Mark Reyes and Gil Tejada, Jr. and written by Suzette Doctolero, the same network that produced other telefantasya series such as Mulawin and Darna and an assemblage of creative team featured comprehensive storytelling, magnificent visual effects, a wide array of detailed costumes, extensive set designs built on Philippine cinema's first ever sound stage and an ensemble cast of brilliant actors.
at isa p, uulitin q ANG GMA AY HINDI CRONY NG MGA MARCOS. Bkit? e2 p ang isang katunayan:
On September 21, 1972, then President Ferdinand Marcos declared martial law by the virtue of Proclamation 1081.[5] Marcos, ruling by decree, curtailed press freedom and other civil liberties; closed down Congress and media establishments including GMA Network. Military personnel occupied GMA Network compound and placed it under military control to prevent alleged communist propaganda. Media outlets including GMA Network that was critical to the Marcos administration ordered to be closed. Foreign citizens and entities were disallowed from owning and operating media companies in the Philippines. Stewart and the American Broadcasting Company, who owned a quarter of the company, was forced to cede majority control to a triumvirate composed of Gilberto Duavit Sr., a Malacañang official; Menardo Jimenez, an accountant; and Felipe Gozon, an attorney of the Stewarts in 1974.
E2 p isa:
When Benigno "Ninoy" Aquino, Jr., a senator who strongly opposed the Marcos administration, was assassinated on August 21, 1983, it was a small item on television news. The iron grip that the Marcos administration had on television began to slip, as GMA broadcast the funeral, the only local station to do so.[3] In 1984, Imee Marcos, daughter of Ferdinand Marcos, attempted to take over GMA.[3][6] However, the takeover was prevented by GMA executives. Stewart left the Philippines for good as he was utterly disappointed with the Marcos move. GMA was also instrumental during the years preceding the People Power Revolution. The network was the first to air a television interview with Corazon Aquino in 1984, and when she later announced that she would run for the presidency if she receives one million signatures.[3] In February 1986, the network was also the first to report that Fidel Ramos and Juan Ponce Enrile broke away from the Marcos administration.[3]
Another one:
When democracy in the Philippines was restored in the People Power Revolution in 1986, television stations began to air, some with their original owners. The political instability of the country also added to the station's burden, when soldiers stormed into the studios for two days in a part of coup attempt to topple then President, Corazon Aquino. In 1987, it opened its high-end live studio, the Broadway Centrum, boosting its local programming, and inaugurated its 777-foot Tower of Power located along Tandang Sora, Quezon City, the tallest man-made structure in the country on November 7, 1988.[7]
Bkit nga pla wlang utang ang GMA? dhil ME SARILI CLANG BANGKO PRANG ANG SM ME BDO KYA PRANG WLA CLANG UTANG ANG GMA ME MALAYAN SAVINGS BANK AND MORTGAGE BANK CLA KYA NDI CLA NANGUNGUTANG. QNG ME ANGAL KAU EDI MGRESEARCH KAU!!!
The series created by GMA Network directed by Mark Reyes and Gil Tejada, Jr. and written by Suzette Doctolero, the same network that produced other telefantasya series such as Mulawin and Darna and an assemblage of creative team featured comprehensive storytelling, magnificent visual effects, a wide array of detailed costumes, extensive set designs built on Philippine cinema's first ever sound stage and an ensemble cast of brilliant actors.
===================
tama sana ang mga sinabi mo anonymous about sound stages..na kesyo nagshoot na ang mulawin, encantadia et al sa isang sound stage.. but the point here is that ung abscbn is going to build their own sound stages... ang gma wala pa nun.. as you said..kung san nagshooting ang gma was the PHILIPPINE CINEMA'S FIRST SOUND STAGE
AT HINDI ITO GMA NETWORK PROPERTY. KUHA MO?
ANG GAGAWIN NG ABSCBN AY WOULD BE THEIR PROPERTY.
Galing talaga ng ABS, sa lahat na lang ng bagay magaling mag isip ang ABS, For sure may gagaya nanaman d2, ayy di pala afford, bagsak ratings pala sila ngayun, kaya pala halos magkanda luho luhod na si Gozon sa mga Endorsers para may pumatol lang sa Amaya Efic Fail. Anyway grats to ABS, Proud to be Kapamilya Here in UAE. TFC...
ano ito..tatapatan din ba nila ang TV5 new building- diba multi billion din yun- sabi ni willie eh 10 billion( i forgot kung 10 billion yun) daw ang gastos dun
_______________________________
TV5 ang dapat magupgrade pa. 5hectare lang ung sa kanila, compared dito 15 hectare
grabe ka naman utot di naman ibig sabihin pag nangutang ka eh dukha ka na...bakit ba tayo nangungutang? lahat ng corporation ang nangungutang...lahat ng tao ay may utang...kahit ikaw utot may utang ka...pina-uutangin tayo dahil mayroon tayong tunay na kakayanang magbayad ...sa kaso ng abs-cbn nangungutang sila dahil alam nila na kaya nilang bayaran...mag aral ka kaya ng business utot...
Lahat ng corporations sa mundo umuutang. Alam mo ba yun? para sa expansion, improvement of facilities and equipment ect.. Pag pinautang may kakayahan kang magbayad. Utak mo kc pang squatter na utang!
+++++++++++++++++++++++++++++++++++
hay naku paulit ulit nalang yan ang dahilan nyo! eh bakit ang GMA noon noong nagpatayo sila ng P2-billion worth na studio complex na ngutang ba sila? WALA!!! KASI NGA MAY PERA! GETS?
---------------------------------
sure ka utot na hindi nangutang ang gma sa pagpapatayo ng building nila? are you sure????
dapat kay utot mag take ng business course or accountancy...para malaman nya kung bakit nangungutang...para malaman nya ang debit at credit...accounting 101...
hindi ka papautangin ng bangko kung wala kang kapasidad magbayad ng utang...bago pautangin ang isang business/corporation nagpapasa sila ng financial statement nila sa bangko kung saan sila mangungutang...
Tlaga? O e2 tanong q, cno b ang may-ari nun ng soundstage n pinagshootingan ng mga programs ng GMA ha? Qng mtagal n wla un bka nkuha o nbili n ng GMA un qng within QC un ksi ang existing n soundstage ngaun ay nsa cebu p n nsa international school. Naiintindihan mu b? at nkapgtaping n b cla s isang soundstudio?
Guys, simple lang naman yan e. Wag nyo nang patulan si UTOT. kasi, pag pinatulan nio pa, e lalo pa syang magpopost ng mga senseless at out of topic na comments.
UTOT, loves his/her/it's kapuso network. Let's leave it at that.
Pero I respect those kapamilyas who really post hard facts that really clarifies their ground.
At kahit ano pang facts na i.present nio kay UTOT, hinding hindi yan maninawala sa inyo kasi close minded na yan e. Die hard fan talaga sya sa kapuso network.
Let's leave it at that, kasi parang wala na kayong magawa kundi mag bash with each other.
wag na ipagtanggol
CRONY SILA DUAVIT, JIMENEZ at GOZON!
GMA 7 had repeatedly maligned ABS-CBN and accused the station of protecting the interests of their owners by being partial. Mike Enriquez was sanctioned by KBP for insinuating that ABS-CBN has politica...l and business interests to protect and therefore, should not be patronized. Hmm...Let me see...I did a little research and here's what I discovered. Ever wondered why, though GMA 7 was already in existence in the 80's, they didn't play a role in the 1st People Power revolt and/or to the events leading to it? Same reason why, post-Marcos, they didn't have any notable documentary (like ABS's "Batas Militar") or investigative nmaterial on the deposed president and his regime. Well, Gilberto Duavit, one of the owners of GMA, was a known Marcos crony and a former Malacanang officialunder the dictator! GMA persisted during Martial Law while ABS was closed down! Mr. Duavit was also the Secretary General of the LAMP Party whose titular head was former President Estrada. Ever wondered why most, if not all, of the expose's leading to Estrada's impeachment did not originate from GMA's "award-winning" investigative group? Or why Duavit's son and former GMA executive Cong. Michael John Duavit, was part of the "brat pack" bent on impeaching Davide, Chief Justice during the trial of Erap, whom his father is an ally of? A congressman in the family...So what is their stand on the pork barrel? Menardo Jimenez, 2nd of GMA's triumvirate, is a member of San Miguel Corporation's board while his son, Butch, is PLDT Corporate Communications Head as well as a top GMA executive. How would GMA handle bad news about these companies? Atty. Felipe Gozon, now president of GMA, questionably booted out the PROBE Team even as Cheche Lazaro maintained that they exerted due diligence in their report on the PAGCOR chief. Is there a hidden agenda? Now, Mike Enriquez, can you tell the public about all these things? Can you tell the people with your usual arrogance that your beloved station is impartial and does not have any interests to protect? Shame on all of you in GMA! You have been deceiving the public all these years. At least ABS-CBN is honest. Everybody knows which companies they are affiliated with. ABS has always been open to any inquiry. GMA, on the other hand, pretends to be impartial but they have their hidden interests!!! Or maybe the joke-of-a-broadcaster that Mike is, he isn't aware that all his beliefs are false! Now. Who has credibility? Mike, do your "home"-work. Know thyself before you sling mud on others!
tlaga? e2 lng ang sasabihin q jan, that is the most nonsense article that Iseen. Ano ang katunayan jan n tao nila c marcos, di ba wla! at isa p, bkit ndi nyo tanungin c malou mangahas ng PCIJ ano? Me credibility ang taong un at GMA ang kanyang pinagtitiwalaan. E2 p, ngalit ang mga marcos s mga duavit ng pagbintangan ni imelda n ngnakaw dw ng kayamanan nila tpos crony? Saang article mu nbasa yan ha? Ung sa akin nsa wikipedia un eh. Ung ke cheche lazaro kya ngkaproblea jan eh bka makasuhan ang probe ng libel at ng iba png kaso. At nkita mu b ung article s wikipedia, lumaban cla s gov't noong martial law. Kinover nila ang 1986 people power revolution at pinakita nila ang libing ni ninoy khit ayaw ng gov't. Khit c cory ay humanga s GMA ksi cla ang dahilan qng bakit cya tumakbo. Pinagbantaan p ni marcos ang GMA ng cnabi nila n c enrile at ramos n ang nsa control n noong edsa 1 at e2 p ha, SINUGOD ng mga tagasuporta ni marcos ang GMA Network center noong ngprotesta cla noong cory administration at ginawang HOSTAGE ANG MGA EMPLEYADO NG GMA NOON. Kya crony ni marcos b ha? Cge sagutin mo aq ngaun
wow...super rich talaga ng ABS.
hehe..
HEHEHE MABABAYARN KAYA NG TAMA ANG MGA WORKERS DITO? NAKA NAMAN MAY FORCE AGREEMENT DIN?
SIGURADO TATAAS NANAMAN ANG ELECTRIC BILLS SA MERALCO DAHIL PANIGURADO ISASAMA NANAMAN ITO SA POWER LOSS.
NGA PALA, YUNG ADMIN DITO NAPAKA BOBO MO NAMAN, ALAM MOBA NA BAWAL SA TOS OR TERMS OF AGREEMENT ANG PAG ENCOURAGE NA ICLICK ANG MGA ADS. HEHE KALA KOBA PRO KA?
UTOT said...
Anonymous said...
Lahat ng corporations sa mundo umuutang. Alam mo ba yun? para sa expansion, improvement of facilities and equipment ect.. Pag pinautang may kakayahan kang magbayad. Utak mo kc pang squatter na utang!
+++++++++++++++++++++++++++++++++++
hay naku paulit ulit nalang yan ang dahilan nyo! eh bakit ang GMA noon noong nagpatayo sila ng P2-billion worth na studio complex na ngutang ba sila? WALA!!! KASI NGA MAY PERA! GETS?
---------------------
parehas ka talaga sa gmeww, di naman 2B ung studio complex nila, P1 B lng kaya un
as if nman ang mapanlinlang nyong ebs eh hindi marunong manggaya. eh kaya lng nman tumaas ang kita ng ebs dahil namumulitka, nambabraso. look at the ads ng colgate-palmolive. hndi ba sa dos lng parati ngpapakita ads nila? which is really impossible. kung ikaw ang may ari,sa isang istasyon ka lng magpplace ng ads? its really ridiculous and stupid. yan ang ideal na station, ngpapakita ng magandang example sa mga hangal na fans nila.
Recently, they have even thrown in a very everyday training video on the net.
My weblog bowflex selecttech dumbbells
This really is manufactured feasible by its Dual-Treadles or separate belted platforms that may be altered dependent in your desire.
Feel free to surf to my blog post :: bowflex selecttech 552
Are you currently certainly one of the many clueless customers who desire
to buy dumbbells but in no way definitely know in which to purchase
them or what to seek out them when obtaining?
My web blog :: http://www.getfitnstrong.com/bowflex-dumbbells/bowflex-selecttech-dumbbells-ultimate-home-exercising/
Perhaps by far the most obvious sort of wipes to obtain are fitness center wipes.
My webpage ... click the up coming site
In the event your like me, you'll want to exercise, however, you will not like to.
my page - weight sets for sale
bowflex selecttech 552 Dumbbells (2009 Product) - these dumbbells are
merely fantastic for your close friend.
Unique goals will require distinctive methods to working with the Bowflex Revolution.
Feel free to surf to my page ... free weights for sale
Devices these as treadmills, elliptical trainer and work out
bikes are frequently used by using a very informal intensity and folks will make use
of them for months on close and not modify their body
one bit.
Here is my web site :: best adjustable dumbbells
Again, I am not stating that arm education equipment are absolutely
useless in terms of work out variety or shaping movements.
Also visit my web page - adjustable weights
Dumbbell Triceps Presses get the job done by lying down and also the extending your arms straight
up about the chest, ensuring that palms are deal
with in.
Look into my homepage SITEMAP
This allows them to accomplish extremely demanding workout routines on just about every team as
the other group is therapeutic.
Here is my weblog ... adjustable dumbbells
After you have look at this assessment, you will have a considerably greater knowledge
of just what the Bowflex Ultimate 2 can perform for yourself.
my webpage dumbbell sets
To give you an illustration of what a few of these will set you back, detailed down below
are some brands, in addition as what you are going to buy every one.
Also visit my blog post ... http://www.getfitnstrong.com/bowflex-dumbbells/reviewing-bowflex-selectt...
The key benefit of a home training session course is you will not likely really need to wait around for using the exercise equipments and equipment that you
would like to.
Here is my site ... free weights for sale
The power rods make it straightforward to adjust your excess weight resistance, but devoid of the danger
of a stack of major weights.
Check out my web blog; adjustable dumbbells
These are compact in style and design and they might also be conveniently saved
towards a wall effortlessly too.
Check out my blog ... bowflex 552
Post a Comment