MediaQuest Holdings
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MediaQuest Holdings
MediaQuest Holdings, Inc. is a Philippine-based media conglomerate that provides radio and television broadcasting, as well as direct-to-home satellite services and print media. Though an affiliate of telecommunications company PLDT, MediaQuest is owned by the former's Beneficial Trust Fund (corporate entity - BTF Holdings, Inc.), a retirement pension plan funded through its Philippine Depository Receipts. PLDT does not directly own any media property as the current 1987 Constitution states that media companies should be 100% owned by Filipinos and the company's major shareholders include foreign entities such as First Pacific and Nippon Telegraph and Telephone. MediaQuest owns and operates national media firms TV5 Network (TV5) and Nation Broadcasting Corporation (NBC), as well as pay TV provider and regional radio network Cignal TV. MediaQuest also owns majority interest on newspaper companies ''The Philippine Star'' and Business World Publishing Corporation (''BusinessWor ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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The Philippine Star
''The Philippine Star'' (self-styled ''The Philippine STAR'') is an English-language newspaper in the Philippines and the flagship brand of the Philstar Media Group. First published on July 28, 1986, by veteran journalists Betty Go-Belmonte, Max Soliven and Art Borjal, it is one of several Philippine newspapers founded after the 1986 People Power Revolution. The newspaper is owned and published by Philstar Daily Inc., which also publishes the monthly magazine ''People Asia'' and the Sunday magazines ''Starweek'' and ''Let's Eat''. As part of the Philstar Media Group, its sister publications include business newspaper '' BusinessWorld''; Cebu-based, English-language broadsheet '' The Freeman''; Filipino-language tabloids '' Pilipino Star Ngayon'' and ''Pang-Masa''; Cebuano-language tabloid ''Banat'', online news portals Interaksyon (formerly with News5), LatestChika.com, Philstar Life and Wheels.ph, and TV/digital production unit Philstar TV. In March 2014, the newspaper was ...
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House Speaker Of The Philippines
The speaker of the House of Representatives of the Philippines ( fil, Ispiker ng Kapulungan ng mga Kinatawan ng Pilipinas), more popularly known as the House speaker, is the presiding officer and the highest-ranking official of the lower house of Congress, the House of Representatives, as well as the fourth-highest official of the government of the Philippines. The speaker is elected by a majority of all of the representatives from among themselves. The speaker is the third and last in the line of succession to the presidency, after the vice president and the Senate president. A speaker may be removed from office in a coup, or can be replaced by death or resignation. In some cases, a speaker may be compelled to resign at the middle of a Congress' session after he has lost support of the majority of congressmen; in that case, an election for a new speaker is held. Despite being a partisan official, the speaker (or whoever is presiding) does not vote unless in breaking ties in ...
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Lopez Group Of Companies
Lopez Holdings Corporation (formerly Benpres Holdings Corporation until July 5, 2010) is a Filipino conglomerate founded by the brothers Eugenio Lopez, Sr. and Fernando Lopez, Sr. It has substantial holdings in the public service and utilities sector in the Philippines and serves as the Lopez family's publicly listed holding company for investments in major development sectors such as broadcasting and cable; telecommunications; power generation and distribution; manufacturing; and property development. It added to its portfolio investments in other basic service sectors but has also since sold its interest in banking, toll roads, information technology, and health care delivery. Lopez Holdings Corporation is majority-owned by Lopez, Inc., a private holding and investment entity of the Lopez family. Businesses Media and Telecommunications *ABS-CBN Corporation (formerly ABS-CBN Broadcasting Corporation until May 27, 2010) - a publicly listed company and the country's largest ...
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ABS-CBN Corporation
ABS-CBN Corporation is a Filipino media company based in Quezon City, Metro Manila, Philippines. It is the largest entertainment and media conglomerate in the Philippines. It is a subsidiary of Lopez Holdings Corporation which is owned by the López family ABS-CBN was formed by the merger of Alto Broadcasting System (ABS) and Chronicle Broadcasting Network (CBN). ABS was founded in 1946 by American electronics engineer James Lindenberg as Bolinao Electronics Corporation (BEC). In 1952, BEC was renamed Alto Broadcasting System (ABS) with its corporate name, Alto Sales Corporation after Judge Antonio Quirino, brother of President Elpidio Quirino, purchased the company and later launched the first TV station in the country, DZAQ-TV on October 23, 1953. The company that would later be merged with ABS to form ABS-CBN was founded in 1956 as Chronicle Broadcasting Network, Inc. (CBN) by Eugenio Lopez Sr. and his brother Fernando Lopez, who was the sitting Vice President of the ...
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Sky Cable
Sky Cable (stylized as SKYcable) is a cable television service of Sky Cable Corporation in the Philippines. It covers areas across the country with both digital and analog cable services, and it has 700,000 subscribers, controlling 45% of the cable TV market. History Since it started community antenna television system operation in the Philippines on January 26, 1992, SkyCable provides cable Internet, VoIP services and digital cable TV service. On June 6, 1990, SkyCable Corporation was incorporated via 79.3% stake in Sky Vision Corporation, operator of cable brands, SkyCable and Sun Cable.http://www.pse.com.ph/html/ListedCompanies/pdf/2010/ABS_17A_Apr2010.pdf On April 18, 1991, Sky Vision Corporation was incorporated and ventures into cable television (SkyCable and Sun Cable), communication, system, television media, shopping network (Sky Mall) and film distribution (Sky Jemah). It is owned 18.8% by ABS-CBN Corporation and 78% by Lopez Inc. On March 30, 1995, Central ...
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The Philippine STAR
''The Philippine Star'' (self-styled ''The Philippine STAR'') is an English-language newspaper in the Philippines and the flagship brand of the Philstar Media Group. First published on July 28, 1986, by veteran journalists Betty Go-Belmonte, Max Soliven and Art Borjal, it is one of several Philippine newspapers founded after the 1986 People Power Revolution. The newspaper is owned and published by Philstar Daily Inc., which also publishes the monthly magazine ''People Asia'' and the Sunday magazines ''Starweek'' and ''Let's Eat''. As part of the Philstar Media Group, its sister publications include business newspaper '' BusinessWorld''; Cebu-based, English-language broadsheet '' The Freeman''; Filipino-language tabloids '' Pilipino Star Ngayon'' and ''Pang-Masa''; Cebuano-language tabloid ''Banat'', online news portals Interaksyon (formerly with News5), LatestChika.com, Philstar Life and Wheels.ph, and TV/digital production unit Philstar TV. In March 2014, the newspaper was ...
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Enterprise Value
Enterprise value (EV), total enterprise value (TEV), or firm value (FV) is an economic measure reflecting the market value of a business (i.e. as distinct from market price). It is a sum of claims by all claimants: creditors (secured and unsecured) and shareholders (preferred and common). Enterprise value is one of the fundamental metrics used in business valuation, financial analysis, accounting, portfolio analysis, and risk analysis. Enterprise value is more comprehensive than market capitalization, which only reflects common equity. Importantly, EV reflects the opportunistic nature of business and may change substantially over time because of both external and internal conditions. Therefore, financial analysts often use a comfortable range of EV in their calculations. EV equation For detailed information on the valuation process see Valuation (finance). : Enterprise value = :: common equity at market value (this line item is also known as "market cap") :: + debt at mark ...
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Sky Cable Corporation
Sky Cable Corporation, doing business as Sky, is a Telecommunications in the Philippines, Filipino telecommunications company based in Diliman, Quezon City. A subsidiary of the media conglomerate ABS-CBN Corporation, ABS-CBN, the company offers broadband internet, broadband, cable television, cable and satellite television services under the Sky Cable and Sky Direct brands. The company was founded on June 6, 1990 by Benpres Holdings Corporation (now Lopez Group of Companies, Lopez Holdings Corporation) as Central CATV, Inc. , the company had 1.4 million customers across the country, 200,000 of which are broadband internet subscribers. History On June 6, 1990, Sky Cable Corporation was incorporated as Central CATV, Inc. On March 25, 1991, Sky Vision Corporation, a holding company incorporated with the primary purpose of buying and owning stocks of Central CATV, Inc. was founded. On March 30, 1995, Central CATV Inc. was granted a 25-year provisional franchise to establish, con ...
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Home Cable
Home Cable was a cable television service in the Philippines. It covered parts of Metro Manila from April 27, 1992, until its closure on June 30, 2005, when it was folded into Sky Cable's operations. Beyond Cable Holdings, a 50-50 joint venture firm owned by Benpres Holdings (now Lopez Holdings Corporation) and PLDT-backed media firm MediaQuest Holdings, was the parent company of Home Cable. History Sining Makulay, Inc. The origins of Home Cable can be traced to Sining Makulay, Inc. (SMI), the first commercial cable television company in the Philippines which was granted an exclusive franchise in 1978 (under Presidential Decree No. 1512) and began its operations in 1979. SMI was owned by Roberto Benedicto, a businessman and a political crony of then-President Ferdinand Marcos. In 1987, President Corazon Aquino issued Executive Order No. 50 which ended the monopoly of SMI and the company ceased operations. In the 1990s, SMI was eventually bought by Unilink Communications Corpora ...
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BusinessWorld
''BusinessWorld'' is a business newspaper in the Philippines with a nationwide circulation of more than 117,000 (as of March 2014). Founded in 1967 as ''Business Day'', it is Southeast Asia's first daily business newspaper. History ''Business Day'' Raúl Locsin, then a reporter for the business section of the now-defunct '' The Manila Chronicle'', took out a ₱5,000 loan to start ''Business Day'', the paper's forerunner. ''Business Day'' released its debut issue on February 27, 1967. It was the first business daily in Southeast Asia, and it was dedicated to “competent and responsible reporting of the news.” On March 1, 1971, ''Business Day'' published a record of the previous year's highest-grossing Philippine firms. Eight years later, the Securities and Exchange Commission and ''Business Day'' launched ''1000 Top Corporations in the Philippines'' gazette. This effort laid the foundation for what is now known as BusinessWorld Top 1000 Corporations in the Philippines, ...
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Nippon Telegraph And Telephone
, commonly known as NTT, is a Japanese telecommunications company headquartered in Tokyo, Japan. Ranked 55th in Fortune Global 500, ''Fortune'' Global 500, NTT is the fourth largest telecommunications company in the world in terms of revenue, as well as the third largest publicly traded company in Japan after Toyota and Sony, as of June 2022. The company is incorporated pursuant to the NTT Law (). The purpose of the company defined by the law is to own all the shares issued by Nippon Telegraph and Telephone East Corporation (NTT East) and Nippon Telegraph and Telephone West Corporation (NTT West) and to ensure proper and stable provision of telecommunications services all over Japan including remote rural areas by these companies as well as to conduct research relating to the telecommunications technologies that will form the foundation for telecommunications. On 1 July 2019, NTT Corporation launched NTT Ltd., an $11 billion de facto holding company business consisting of 28 brand ...
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