Pinoy TV – ABS-CBN Broadcasting Corporation (PSE: ABS and ABSP; ABS-CBN: “Alto Broadcasting System-Chronicle Broadcasting Network”) is a Philippine-based multi-media conglomerate. It is the country’s first and largest integrated media and entertainment company with 42 subsidiaries and an asset base of more than PHP34 billion (US$707.09 million) as of March 2009. ABS-CBN is principally involved in television and radio broadcasting, as well as the production of television programming for domestic and international audiences and other related businesses. It was founded on June 13, 1946 (62), becoming Asia’s first commercial television broadcaster in 1953. It is part of the Lopez Group of Companies. It also broadcasts content to the rest of the world through The Filipino Channel (via cable), TFC Direct (direct-to-home satellite), TFCko (IPTV video on demand) and TFCnow internet TV.
The network’s main broadcast facilities, news headquarters, transmitter and satellite operations and studio complex are located at the ABS-CBN Broadcast Center at Sgt. Esguerra Ave., Mother Ignacia St., Barangay Laging Handa, Diliman, Quezon City. In Metro Manila, its terrestrial VHF station is Channel 2 (DWWX-TV) while its terrestrial UHF station is Studio 23 (DWAC-TV).
On March 3, 2008, Executive Vice-President Charo Santos-Concio had been promoted as the fifth president of ABS-CBN, taking over from interim president Eugenio Lopez III.
ABS-CBN is home in some of the most powerful and bankable celebrities in the Philippines as well as the most powerful executives in Philippine Media and Entertainment.
In 2003, during the television station’s 50th anniversary, ABS-CBN launched its present slogan, “Kapamilya” (literally means “a member of the family”).