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ENTITY
ABS-CBN Corp (ABS PM)
ABS-CBN Corp (ABS PM)
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Analysis
Consumer Discretionary • Philippines
ABS-CBN Corporation, together with its subsidiaries, engages in the television and radio broadcasting business in the Philippines, the United States, the Middle East, Europe, Australia, Canada, and Japan. The company operates through three segments: TV and Studio, Pay TV Networks, and New Businesses. It also offers cable and satellite programming, money remittance, trading, telecommunications, music and print publishing, content development and programming, educational/training, interactive media, and support and call center services. In addition, the company provides restaurant and food, broadband Internet, merchandising, and mobile services; and marketing, sales, and advertising services, as well as operates theme parks. Further, it is involved in the movie production; audio and video production and distribution; real estate; digital electronic content distribution; digital film archiving and central library; content licensing and transmission; non-vessel common carrier; and audio recording and distribution, video/audio post production, and film distribution operations. The company operates 11 commercial television stations and 21 radio stations; and delivers television programming outside of the Philippines to approximately 3.1 million viewers through the Internet, satellite service, cable television channels, and IPTV. ABS-CBN Corporation was founded in 1946 and is headquartered in Quezon City, the Philippines. ABS-CBN Corporation operates as a subsidiary of Lopez, Inc.
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