Mabuhay Broadcasting System, Inc. (MBSI) is a Philippine radio network majority owned by the Ragasa family, heirs of founder Quirino De Guzman. Its corporate office is located at the 17th Floor, The Centerpoint, Julia Vargas Ave., Ortigas Center, Pasig, and its main studio is located at the 40th Floor Summit One Tower, Shaw Boulevard, Mandaluyong, Metro Manila. MBSI derives most of its income by selling airtime to blocktimers. MBSI's stations nationwide are operated by ZimZam Management of Manuelito "Manny" F. Luzon under the Win Radio brand.[2]
| Company type | Private |
|---|---|
| Industry | Radio network |
| Founded | December 13, 1973 |
| Founder | Quirino de Guzman Sr. Arcardio Carandang[1] |
| Headquarters | Pasig, Philippines |
Key people | Cynthia G. Ragasa (Chairman) Manuelito F. Luzon (President) |
| Owner |
|
Background
editIn November 1973, during the martial law in the Philippines, Quirino De Guzman Sr. and Arcadio M. Carandang decided form a joint venture and organize a corporation known as Mabuhay Broadcasting Systems, Inc. (MBSI). Carandang contributed his technical expertise and new equipment while De Guzman pooled financial resources and needed franchise to the company.[3] It was registered with the Securities and Exchange Commission (SEC) on December 13, 1973.
MBSI was granted a 25-year legislative franchise on April 13, 1992, under Republic Act (R.A.) 7395[4] to construct, install, operate and maintain commercial radio broadcasting stations in the island of Luzon. Based on recent SEC filing, MBSI is majority owned by the Ragasa Family, heirs of Quirino de Guzman Sr. with 64% share.
In 2011, DZXQ was acquired by a new set of investors, which was later related to Information Broadcast Unlimited. Not long after, the Henares family acquired a minority stake in MBSI, making it an affiliate company of Progressive Broadcasting Corporation, a nationwide radio and television network headed by Alfredo "Atom" L. Henares.
On February 1, 2015, House Bill No. 5982[5] was approved by the House of Representatives and Senate of the Philippines[6] renewing MBSI's franchise for another 25 years and expanding its coverage to include both radio and television broadcasting throughout the Philippines. It was approved by President Benigno Aquino III on May 10, 2016.[7] Not long after, MBSI acquired the provincial stations owned by PBC.
MBSI stations
editCurrent
edit| Branding | Callsign | Frequency | Power | Location |
|---|---|---|---|---|
| Win Radio Manila | DWKY | 91.5 MHz | 25 kW | Metro Manila |
| Win Radio Naga | DWMW | 107.9 MHz | 10 kW | Naga |
| Win Radio Iloilo | DYNY | 107.9 MHz | 10 kW | Iloilo City |
| Win Radio Cebu | DYNU | 107.5 MHz | 10 kW | Cebu City |
| Win Radio Cagayan de Oro | DXNY | 107.9 MHz | 10 kW | Cagayan de Oro |
| Win Radio Davao | DXNU | 107.5 MHz | 10 kW | Davao City |
Former
edit| Callsign | Frequency | Power | Location | Current Owner |
|---|---|---|---|---|
| DZXQ | 1350 kHz | 50 kW | Metro Manila | Information Broadcast Unlimited |
References
edit- ^ "G.R. No. 160347". Archived from the original on June 30, 2016. Retrieved February 10, 2016.
- ^ "2021 NTC FM Stations" (PDF). foi.gov.ph. Retrieved July 13, 2022.
- ^ "G.R. No. 160347". Archived from the original on June 30, 2016. Retrieved February 10, 2016.
- ^ "Philippine Laws, Statutes and Codes - Chan Robles Virtual Law Library".
- ^ "House Bill No. 5982" (PDF). senate.gov.ph. Archived from the original (PDF) on February 16, 2016.
- ^ "16th Congress - House Bill No. 5982 - Senate of the Philippines". Archived from the original on February 16, 2016. Retrieved February 10, 2016.
- ^ "Progressive Broadcasting Corporation (UNTV) franchise renewed for another 25 years". June 16, 2016.