TV5 Network

TV5 Network Inc.
TV5
Formerly
  • Associated Broadcasting Corporation (1960–72)
  • Associated Broadcasting Company (1992–2008) / ABC Development Corporation (1992–2015)
Company type
IndustryMass media
Entertainment
FoundedJune 19, 1960; 64 years ago (1960-06-19)
FounderJoaquin "Chino" Roces
HeadquartersTV5 Media Center, Reliance cor. Sheridan Sts., Brgy. Buayang Bato, ,
Philippines
Area served
Worldwide
Key people
ProductsTelevision program
Films
Music
Web portals
BrandsTV5
One Sports
RPTV
One News
One PH
One Sports+
PBA Rush
Sari-Sari Channel
NBA TV Philippines
BuKo
UAAP Varsity Channel
True FM
Kapatid Channel
AksyonTV International
Sulit TV
Kapatid Online
ServicesBroadcasting
Motion pictures
TV production
Cable television
Internet
Streaming service
Record label
Satellite television
Film distribution
RevenueDecrease PHP1.795 billion (FY 2014)[1]
DecreasePHP3.862 billion (FY 2014)[1]
Total assetsIncrease 8.84 billion (FY 2011)[2]
Owner
  • MediaQuest Holdings, Inc. (29.13%)
  • Upbeam Investments Inc. (28.87%)
  • Telemedia Business Ventures Inc. (25%)
  • Med Vision Resources Inc. (16.70%)
Number of employees
200–700+ (FY 2018)[3]
ParentPLDT Beneficial Trust Fund
(MediaQuest Holdings)
Divisions
Subsidiariessee list
Websitetv5.com.ph

TV5 Network Inc., commonly referred to as TV5, is a Philippine media company headquartered in Mandaluyong, Metro Manila. It primarily operates in radio and television broadcasting and manages several subsidiaries and affiliates involved in various media-related ventures. TV5 is owned by MediaQuest Holdings, a subsidiary of PLDT, managed through its Beneficial Trust Fund. The company is led by business tycoon Manuel V. Pangilinan.

TV5 owns and operates a diverse range of media assets. These include three broadcast television networks: TV5, One Sports, and RPTV; the national radio station 105.9 True FM; and the regional radio network True FM. The company runs two international television channels, Kapatid Channel and AksyonTV International, and manages subsidiaries such as the digital terrestrial television providers Sulit TV, and exclusive sales and marketing agent Media5, and the talent development and management agency MQ Artists. Additionally, TV5 oversees digital and online platforms, including D5 Studio, TV5.com.ph, News5 Digital, OneSports.ph and Kapatid Online.

  1. ^ a b "Media Ownership Monitor Philippines - TV 5 Network, Inc". VERA Files. Retrieved November 24, 2016.
  2. ^ "TV5 losses double to P4.1B in 2011". The Philippine Daily Inquirer. Retrieved August 8, 2012.
  3. ^ Dela Paz, Chrisee (April 18, 2018). "No further job cuts at TV5 after better financial performance". Rappler. Retrieved April 19, 2018.

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