ABS-CBN

ABS-CBN (an initialism of its two predecessors' names, Alto Broadcasting System and Chronicle Broadcasting Network) is a Philippine commercial broadcast network that serves as the flagship property of the ABS-CBN Corporation, a company under Lopez Holdings Corporation owned by the López family. The network is headquartered at the ABS-CBN Broadcasting Center in Quezon City, with additional offices and production facilities in 25 major cities including Baguio, Naga, Bacolod, Iloilo, Cebu, Davao, and Bulacan, where ABS-CBN's production and post-production facility in Horizon IT Park is located. ABS-CBN is colloquially referred to as the Kapamilya Network; its brand was originally introduced in 1999 and was officially introduced in 2003 during the celebration of its 50th anniversary, and was used until it was forced by the National Telecommunications Commission to cease and desist from free-to-air broadcasting due to the lack of Congressional Franchise. On May 5, 2020, when the network was renamed Kapamilya Forever in support for the network's franchise renewal on May 13, 2020. ABS-CBN is the largest media company in the Philippines and oldest television broadcaster in Southeast Asia. ABS-CBN is the first television network in Southeast Asia to broadcast in color, and one of the oldest commercial television broadcasters in Asia. It has also been the leading television network in the Philippines with advertising revenues of 21.2 billion pesos for the 2015 fiscal year. Since the shutdown, the network has rebranded itself as a mass content company and produced television programs, films and other entertainment content through partnerships with independent production companies and broadcasters, including former rival TV broadcasters A2Z, TV5, GMA Network, BEAM TV and the startup All TV which took over its formerly used frequency. The network's social media accounts are mainly managed by ABS-CBN Digital Media, which have an estimated less than 100 million followers across multiple social media websites. The network's entertainment YouTube channel is the most-subscribed and most-viewed channel in Southeast Asia, with over 45 million subscribers and over 50 billion views (as of September 2023). History