ABS-CBN Broadcasting Corporation
ABS-CBN Broadcasting Center, Sgt. Esguerra Avenue cor Mother Ignacia Street, Diliman, Quezon City, Metro Manila, 1103, Philippines
Overview
ABS-CBN is a major commercial television network in the Philippines. It is the oldest and the leading television network in the country. It is a unit of the media conglomerate ABS-CBN Corporation. It was launched on October 23, 1953 as Alto Broadcasting System and is among the first commercial television networks in Asia. Its headquarters is in Quezon City with regional offices and news bureaus in over 25 provincial areas throughout the country. The flagship television station of ABS-CBN in Metro Manila is DWWX-TV (VHF channel 2) while provincially, the network operates through its Regional Network Group of 25 originating stations, 38 relay stations and 8 affiliate television stations. Its programming is also available outside the Philippines as The Filipino Channel.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Public Relations
Investment portfolio
- Kumu Holdings
Participated · Series A · Apr 2020
Kumu is a live streaming platform that integrates live video, video chats and gaming for Filipino audiences. The app has three million registered users, about 25,000 live streams broadcast each day, and average daily usage of roughly one hour. Usage has increased amid COVID-19 lockdowns, and Kumu has rolled out features to enable organizations such as churches and industry groups to hold online events. The company aspires to be a “super app” for Filipinos globally and plans to add online payments and e-commerce functions. An upcoming feature is a live commerce platform that will let users buy items during live streams, creating an additional revenue source for creators. The startup raised funding to develop new features and grow operations.
Team
James Lindenberg
Founder
Fernando López
Founder
Eugenio López
Founder
Antonio Quirino
Founder