|Description||Broadcast television and radio network|
ABSâ€“CBN Corporation is a Philippine-based multi-media conglomerate. It is the country’s first and largest integrated media and entertainment company with 42 subsidiaries, 12 divisions and an asset base on more than PHP34 billion (US$707.09 million) as of March 2009. ABS-CBN is principally involved in television and radio broadcasting, as well as the production of television programming for domestic and international audiences and other related businesses. It was founded on June 13, 1946 (62), becoming Asia’s first commercial television broadcaster in 1953. It is part of the Lopez Group of Companies. It also broadcasts content to the rest of the world through The Filipino Channel (via cable), TFC Direct (direct-to-home satellite), TFCko (IPTV video on demand) and TFCnow internet TV. And just recently, SkyBroadband and Bayan DSL launched “i Wantv!”, a free internet service created to answer the growing demand of television entertainment. It incorporates some of ABS-CBN’s top rating shows.