Friday, May 19, 2017

ABS-CBN posts P9.6B in consolidated revenues in 1Q

ABS-CBN Corp, the country’s leading media and entertainment company said Friday it posted P9.6 billion in consolidated revenues in the first three months of the year, while reducing overall costs.
The company is on track to meet its P3 billion earnings target for the year, chief financial officer Aldrin Cerrado said in a statement.
Consumer sales during the first quarter grew by 10 percent to P4.7 billion while airtime revenues were down 13 percent from the same period last year.
"First quarter earnings tend to be lower than the subsequent quarters due to the cyclicality of advertising placements," Cerrado said.
“We expect costs to go down further as we replace some of the higher cost programs which were carried over from last year,” he said.
ABS-CBN had an audience share of 51.1 percent in the first quarter, led by the long-running teleserye, "FPJ's Ang Probinsyano," based on Kantar Media TV Audience Measurement.
Movie unit Star Cinema generated close to P600 million from four movies released during the quarter. “My Ex and Why's" brought in about P300 million in ticket sales.
Sky revenues grew 11 percent to P2.3 billion, driven by the expansion of its broadband and direct to home subscriber pools, ABS-CBN group CFO Ron Valdueza said.
As of end March, Sky had 672,000 cable subscribers, 161,000 DTH subscribers, and 205,000 broadband subscribers.
“The strong growth in our broadband subscriber base, which has doubled in two years, should continue as we invest in expanding our network,” Valdueza said.
 Kidzania, the company’s educational theme park, also welcomed over 77,000 visitors since the beginning of the year, while the O Shopping Channel generated P240 million in sales.

The Fastbreak Charity Basketball and Volleyball Game and Gerald Anderson-Kiefer Ravena Sports Clinic & Tournament float

While the Gerald Anderson-Kiefer Ravena Sports Clinic & Tournament has longest list of personalities such as makeup artist Mickey See, ELRO Retail Corporation head of marketing Cecille Loretizo and marketing supervisor Cel Paderes, Stephanie Tugadi, Nina Canares, Pinky Reedus-Villegas, Zsaris Mendioro, Aia de Leon and Marco de Leon, Karlen Fajardo, Star Magic talents Shaina Magdayao, Sam Milby, Xian Lim, Arron Villaflor, Jessy Mendiola, JC de Vera, Ejay Falcon and Ellen Adarna, Mapua Cardinals Coach Atoy Co, “NBA 3x3” Philippines celebrity basketball players Andy Smith and Alex Crisano, basketball coaches Vince Hizon and Allan Gregorio, Perlas Pilipinas women’s national basketball team player Melissa Jacob, sports broadcasters Jinno Rufino, Mark Zambrano of GMA and Anton Roxas and Marco Benitez of ABS-CBN Sports and Manila’s top male models, De La Salle Zobel Junior Archer and Nestle MILO product endorser Prince Carlos, Watsons Personal care stores (Philippines), Inc. President & Managing Director Robert U. Sun, marketing director Liezel Abaya, InterMed Marketing (Philippines), Inc. president Tom Meneses, Watsons Trading Controller - Health Aida Lopez, Ever Bilena Cosmetics, Inc. retail sales manager Renato Anol, key accounts manager Isidro Calderon, Management Trainee Donwey Sy, key accounts specialist Marissa Basbas, Bayer Consumer Health Care (Philippines) general manager Jose Marie Lopez, Mario Angelo Reburiano, Clarice Ferrera, Nina Villegas, Monica Tan, Procter & Gamble Distributing (Philippines), Inc. sales director Bryan Wong, Gerry Basas, Carla Sia, Vanessa Castro, Carl Francisco and Manuel Meija, L'Oreal (Philippines), Inc. national sales manager for modern trade Gillian Gonzalez, General Manager for Operations Jovy Santos, Ernest Acar, Mela Rono, Pam Crisologo, Glenn Lao, Johnson & Johnson Limited marketing director Cristina Sabarre, customer development manager Oscar Villamora, former Nestlé executives Levi Castillo, Ernesto Mascenon and Jackby Jaime, current MILO business executive manager Sherilla Bayona, as well as new sponsor RCBC Savings Bank first VP Guilberto Benedicto, BEST Center’s Monica Jorge, MILO sports executives Robbie de Vera and Andrew Neri, 600 most promising cagers during the 2013 SBP-Passerelle Twin Tournament, LG Mobile Philippines Vice President Mr. Jay Won, LG product manager Faith Mijares, LG Electronics Philippines Managing Director Mr. Sung Woo Nam, LG Mobile ambassadors: renowned actress Maxene Magalona and UAAP basketball superstars Kiefer Ravena, Thomas Torres and Andre Paras, Von Pessumal, Joshua Torralba, Thirdy Ravena, DLSU Green Archers Jeron Teng and Arnold van Opstal, Jodilly Pendre and Katarina Rodriguez, Taguig City Rep. Lino Cayetano, director Francis Xavier Pasion, actresses Janice de Belen and Coney Reyes, child performers Kyle Danielle Ocampo, Veyda Inoval, Lukas Magallano, Ashley Sarmiento, Richmont Padayao, John Michael Gacayan, Giacobbe Whitworth, Miguel Vergara, Kazumi Porquez, Brenna Garcia, Raveena Mansukhani, Dentrix Ponce, Daniella Tolentino, Faye Alhambra, Vince Angeles and Marco Antonio Masa, GMA Artist Center talents Luis Alandy, Elmo Magalona, Arthur Solinap and Mike Tan, “Eat Bulaga!” co-host Jose Manalo, actor-model Marco Alcaraz, band vocalists Rico Blanco and Champ Lui Pio, TV5 Kapatid star Derek Ramsay, Lemuelle Pelayo, Regine Angeles, Junjun Quintana, Guji Lorenzana, Ella Guevarra, Johan Santos, Bart Guingona, Mari Kaimo, Joyce Ann Burton, Zeppi Borromeo, Pooh, Tiptip Fucoy, Delphine Buencamino, Vincent Lim, Carlos Morales, Nathaniel Britt, Benj Bolivar, June Macasaet, Denisse Aguilar, Natalia Moon, Akiko Solon, Josh Ivan Morales, Dionne Monsanto, Alex Castro, Ran Domingo, Kenjie Garcia, Paolo Rivero, Aiko Climaco, Menggie Cobarrubias, Judy Saril, Hazel Faith dela Cruz, Jocelyn Medina, Hannah Ledesma, Jonic Magno, Janvier Daily, Andrew Miguel, Kaye Alipio, Rochelle Barrameda, Simon Ibarra, Odette Khan, Jaycee Parker, Genevieve Reyes, Katrina Legaspi, Ahron Villena, CX Navarro, Gilleth Sandico, Lou Veloso, Ynez Veneracion, and Mickey Ferriols, “It’s Showtime” hosts Billy Crawford, Coleen Garcia, Jhong Hilario and Vhong Navarro, PBA Rain or Shine’s Chris Tiu and TY Tang, Ervic Vijandre, Arjo Atayde, Joe Vargas, Gab Valenciano, model, basketball and football player Jon Hall and James and Jim Salas, collegiate basketball players Robert Bolick, Hubert Cani, Arvin Tolentino, Clint Doliguez, John Apacible, Bobby Ray Parks, Troy Rosario, Kevin Alas, Garvo Lanete, Jake Pascual, Chris Newsome, Baser Amer, Alfonso Gotladera, Nico Elorde, Kib Montalbo, Sudan Daniel, Norbert Torres, Aljon Mariano, Almond Vosotros, Prince Rivero, Roi Sumang, Kris Porter, Mikee Reyes, Chris Javier, Mark Belo, Mike Tolomia, Bong Galanza, Jonathan Grey, Andretti Stevens, Roger Pogoy and Matthew Aquino, former PBA players Jerry Codiñera and Bong Ravena, Gilas Pilipinas players Japeth Aguilar, LA Tenorio, Larry Fonacier and Jeff Chan, 2012 UAAP Juniors Mythical Five awardee Renzo Subido, UAAP basketball standout Jerie Pingoy, indoor volleyball players Dzi Gervacio, Jem Ferrer, Fille Saint Merced Cainglet-Cayetano, A Nacachi, Rachel Anne Daquis, Jovelyn Gonzaga, UAAP season 76 MVP for women’s volleyball Ateneo Lady Spiker Alyssa Valdez, Denden Lazaro, volleyball coach Charo Soriano, Marge Tejada, Bea de Leon, Melissa Gohing, Mary Jean Balse, Mayeth Carolino, Michelle Carolino, Ella De Jesus, Kara Acevedo, Karla Bello, Stephanie Gabriel, Mae Tajima, Jayson Ramos, Maica Morada, Michelle Laborte, Sasa Devanadera, Grethcel Soltones, Joy Benito, Rubie De Leon, Mae Crisostomo, Ynna Hao, Tina Salak, JP Torres, Dahlia Cruz, Nene Bautista, Aiza Maizo, Maika Ortiz, Rhea Dimaculangan, Denise Tan, Venus Bernal, Jheck Dionela, Angge Tabaquero, Abby Praca, Bea Pascual, Bea Tan, Judy Caballejo, Maruja Banaticla, AJ Pareja, Myco Antonio, Henry Pecana, Mark Alfafara, Dindin Santiago, Jaja Santiago, Kathy Bersola, Princess Gaiser, Shiela Marie “Bang” Pineda, Mayette Zapanta, Rosemarie Vargas, Jen Reyes, Princess Listana, Angela Benting, Pau Soriano, Lizlee Ann Gata-Pantone, Edwin Tolentino, Peter Den Mar Torres, Michelle Gumabao, Cha Cruz, Stephanie Mercado, Jeshul Wensh Tiu, Abigail Marano, Mika Esperenza, Kim Fajardo, Mika Reyes, Victonara Galang, Camille Cruz, Cienne Cruz and Cyd Demicillo, Renz Casanova, Chris Macasaet, Philip Cerveza, Mark Lee, Jopet Movido, Red Christensen, Joanne Siy, Loren Lantin, Mia Hirotsuji, Pamela Lastimosa, Ingrid Reyes, Jessey De Leon, Tricia Santos, Carmela Tunay, Chloe Cortez, Alex Cabanos, Patricia Rasmo, Illa Santos, Joanne Bunag, Suzanne Roces, Jacqueline Alarca, Ers Iratay, and men’s fashion blogger David Guison, Vina Guerrero, Paul Chuapoco, Chinchin Obcena, Kerwin King.