Saturday, March 3, 2018

ABS-CBN obtains P6b in BPI loan to refinance debt

ABS-CBN Corp. on Friday said it borrowed P6 billion from Bank of the Philippine Islands to refinance debt.

The Lopez-led multimedia company said in a disclosure to the Philippine Stock Exchange it would use proceeds of the the loan to refinance maturing debt and for other general corporate requirements. The loan has a term of seven years.

ABS-CBN earlier reported a net profit of P2.3 billion in the first nine months of 2017, down 20 percent from last year’s P2.85 billion.

Advertising revenues fell 3 percent in the nine-month period to P15.3 billion, net of election-related spending.

The company’s profit guidance for 2017 was between P2.7 billion and P3 billion. 

Meanwhile, ABS-CBN registered an average national audience share of 46 percent in February or 13 points higher than GMA’s 33 percent, according to data from Kantar Media.

ABS-CBN commanded the ratings game in areas such as Metro Manila, where it recorded an average audience share of 40 percent against GMA’s 28 percent, in Total Luzon where it got 42 percent against GMA’s 35 percent, in Total Visayas where it garnered 56 percent against GMA’s 27 percent, and in Total Mindanao where it hit 52 percent against GMA’s 31 percent.

ABS-CBN also scored the most number of viewers on its primetime block (6 p.m. to 12 midnight), where it hit an average audience share of 51 percent, or 20 points higher than GMA’s 31 percent.

The Lopez-owned network said it led the primetime block from 6 p.m. to 12 a.m., with average audience share of 51 percent, 20 points ahead of GMA.

ABS-CBN also led the morning block with 39 percent, the noontime block with 44 percent and the afternoon block with 42 percent.

Nine of the ten most watched programs nationwide in February were also produced by ABS-CBN, led by the long-running police drama “FPJ's Ang Probinsyano,” which garnered an average national TV rating of 41.2 percent.

“Pilipinas Got Talent” was in second place with 39.6 percent, followed by the Asia’s longest-running drama anthology “MMK,” “TV Patrol,” “La Luna Sangre,” “The Good Son,” “Tonight with Boy Abunda,” “Bandila,” “Sana Dalawa ang Puso,” “It's Showtime,” “Asintado,” “Hanggang Saan,” “Ipaglaban Mo,” “Wansapanataym,” “Wildflower,” “Goin' Bulilit,” “Home Sweetie Home,” “The Blood Sisters,” “Gandang Gabi Vice,” “I Can See Your Voice” and “Rated K".

As of November 2017, ABS-CBN said it sold 4 million units of units of its TVplus digital service. Its content is also available online through iWant TV.

Rival GMA Network, meanwhile, said it posted an average of 43.6 percent total day people audience share in the National Urban Television Audience Measurement toppling ABS-CBN’s 37.9 percent based on the Nielsen TV Audience Measurement.

The network registered a solid 42.5 percent people audience share versus ABS-CBN’s 33.7 percent in the morning block in NUTAM, while GMA posted an even bigger lead in the afternoon block with 48.4 percent versus competition’s 35.3 percent.

GMA won across all day parts with steadily increasing margins in both Urban Luzon and Mega Manila, which respectively account for 76 and 59 percent of all urban viewers in the country.

In Urban Luzon, GMA posted a total day people audience share of 49.1 percent as against its rival network’s 31.4 percent.

Likewise, in Mega Manila (with official data from February 1 to 24), the Kapuso Network remained undefeated with a 52.1 percent total day people audience share while ABS-CBN managed to get only 27.6 percent.

Award-winning news magazine show “Kapuso Mo, Jessica Soho” (KMJS) still reigned as the most watched GMA program nationwide in February.

Other GMA ratings drivers last month were “Magpakailanman,” “Kambal, Karibal,” “Pepito Manaloto,” “24 Oras,” “Sherlock Jr.,” “All-Star Videoke,” “Daig Kayo ng Lola Ko” and “Ika-6 na Utos."

Also in the list of top programs were “Sirkus,” “The One That Got Away,” “Bubble Gang,” “Saksi,” “The Stepdaughters,” “Imbestigador,” “24 Oras Weekend,” “Eat Bulaga,” “Tadhana,” “Impostora,” “Sunday Pinasaya” and “Haplos."

GMA Network still dominated the list of top programs in Urban Luzon with eight Kapuso shows in the top 10. Moreover, GMA programs swept the first nine spots in Mega Manila.

Further, GMA’s flagship AM radio station Super Radyo DZBB was also hailed as the listeners’ number one choice in Mega Manila proving GMA’s dominance both in TV and radio.

Based on the most recent data from Nielsen Radio Audience Measurement. February ratings data show DZBB posting a total week average audience share of 42.9 percent in February, winning over DZMM’s 39.5 percent and DZRH’s 30.4 percent.

From Monday to Friday, DZBB’s ratings dominance was driven by its topnotch delivery of news and fearless commentaries through “Saksi sa Dobol B” anchored by Mike Enriquez; “Sino?” with Mike, Arnold Clavio, and Ali Sotto; “Super Balita sa Umaga Nationwide” with Mike and Joel Reyes Zobel; and “Dobol B Balitang-Balita” anchored by Melo del Prado.

Meanwhile, viewers can now enjoy a more colorful, more vibrant, and clearer viewing experience as GMA Network’s digital TV signal now covers all parts of Metro Manila as well as nearby provinces of Cavite, Laguna, Rizal, Bulacan, Bataan, Nueva Ecija, and Pampanga. GMA-7 and GMA News TV’s digital broadcast can be accessed by simply rescanning the channels through their digital TV boxes.

Nielsen data is gathered through a greater number of sampled homes nationwide in comparison to Kantar Media. With approximately 900 more homes surveyed in Total Urban and Rural Philippines compared to Kantar, Nielsen data is statistically considered more representative of the total TV population.

In 2017, Nielsen TV Audience Measurement increased its client pool to a total of 41 clients/subscribers consisting of 12 local TV networks including TV5, Aksyon TV, CNN Philippines, Net 25, Solar Entertainment Corporation, Viva Communications Inc., among others; 5 regional clients; 2 blocktimers; 21 agencies (18 media agencies, 2 consulting agencies, 1 digital agency); and 1 advertiser.

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