Wikipedia

TV5 Network

(Redirected from TV5 Network (version 2))

This article is about the Philippine media and entertainment conglomerate. For the free-to-air channel referring as the Kapatid Network, see TV5 (Philippine TV network). For other channels, see TV5 (disambiguation).
"Associated Broadcasting Company" redirects here. For the British company of that name, see Associated Television.

TV5 Network Inc., commonly known as TV5, is a Philippine media company based in Mandaluyong, Metro Manila, Philippines. It is primarily involved in radio and television broadcasting and encompasses a range of subsidiaries and affiliates engaged in various media-related businesses. TV5 is owned by MediaQuest Holdings, an investee company of Philippine telecommunications giant PLDT through its Beneficial Trust Fund. It is headed by business tycoon Manuel V. Pangilinan.

TV5 Network Inc.
TV5
Formerly
  • Associated Broadcasting Corporation (1960–1972)
  • Associated Broadcasting Company (1992–2008) / ABC Development Corporation (1992–2015)
Company type
IndustryMass media
Entertainment
FoundedJune 19, 1960; 64 years ago (1960-06-19)
FounderJoaquin "Chino" Roces
HeadquartersTV5 Media Center, Reliance cor. Sheridan Sts., Brgy. Buayang Bato,
Mandaluyong, Metro Manila
,
Philippines
Area served
Worldwide
Key people
ProductsTelevision program
Films
Music
Web portals
BrandsTV5
One Sports
RPTV
One News
One PH
One Sports+
PBA Rush
Sari-Sari Channel
NBA TV Philippines
BuKo
UAAP Varsity Channel
Radyo5
Kapatid Channel
AksyonTV International
Sulit TV
Kapatid Online
ServicesBroadcasting
Motion pictures
TV production
Cable television
Internet
Streaming service
Record label
Satellite television
Film distribution
RevenueDecrease PHP1.795 billion (FY 2014)[1]
Decrease −PHP3.862 billion (FY 2014)[1]
Total assetsIncrease ₱8.84 billion (FY 2011)[2]
Owner
  • MediaQuest Holdings, Inc. (29.13%)
  • Upbeam Investments Inc. (28.87%)
  • Telemedia Business Ventures Inc. (25%)
  • Med Vision Resources Inc. (16.70%)
Number of employees
200–700+ (FY 2018)[3]
ParentPLDT Beneficial Trust Fund
(MediaQuest Holdings)
Divisions
Subsidiariessee list
Websitetv5.com.ph

Among its assets owns and operates three broadcast television networks (TV5, One Sports, and RPTV), the national radio station (92.3 Radyo5 True FM), and the regional radio network (Radyo5), also operates two international television channels (Kapatid Channel and AksyonTV International) along with subsidiaries digital terrestrial television providers (Sulit TV) an exclusive sales and marketing agent (Media5), talent development and management (MQ Artists Agency) as well as digital and online portals technology (D5 Studio; TV5.com.ph, News5 Digital, OneSports.ph and Kapatid Online).

History

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1960–1972: Origin

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Joaquin "Chino" Roces, owner of The Manila Times, was granted a radio-TV franchise from Congress under Republic Act No. 2945 on June 19, 1960.[4] He then founded the Associated Broadcasting Corporation (ABC). ABC became the seventh television network in the country when it launched channel "ABC 5" with the call sign DZTM-TV and its first studios along Pasong Tamo in Makati in July 1962.[5] ABC operated radio and television services from July 1962 until September 23, 1972, when the late former President Ferdinand Marcos declared Martial Law. Both ABC and The Manila Times were shut down as a result.

1990–2003: Revival

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After the People Power Revolution in 1986, Roces made a successful appeal to Corazon Aquino for the reopening of the network until his death on September 30, 1988.

New stockholders led by businessman Edward Tan and Roces' son Edgardo then began the arduous task of bringing the network back on the air. The Securities and Exchange Commission granted their application for an increase in capitalization and amendments to ABC's articles of incorporation and by-laws. They were subsequently given a permit to operate by the National Telecommunications Commission (NTC).

ABC inaugurated its studio complex and transmitter tower in San Bartolome, Novaliches, Quezon City in 1990 and began test broadcasts by the end of 1991, officially returning on air as the Associated Broadcasting Company on February 21, 1992, with ABC Development Corporation as the new corporate name. Its radio counterpart, Kool 106 was launched at the same time. Later, it acquired a new franchise to operate on December 9, 1994, under Republic Act 7831 signed by then President Fidel V. Ramos.

In 1999, ABC was awarded the channel 47 frequency in Metro Manila, the last remaining UHF frequency in the market, christening it DWDZ-TV. However, has been inactive since 2003.

2003–2009: Cojuangco era, rebranding as TV5

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In October 2003, ABC was acquired by a group led by businessman Antonio "Tonyboy" O. Cojuangco Jr. served as Chairman of the Philippine Long Distance Telephone Company (PLDT) from 1998 to 2004 and owner of Dream Satellite Broadcasting and Bank of Commerce, among other assets.[6]

Its biggest achievement was when its flagship channel, ABC, won as the "Outstanding TV Station" award at the 2005 KBP Golden Dove Awards, with several other programs on the network also earning honors in their respective categories.

In early 2007, ABC suffered a setback when it implemented a series of budget cuts, primarily directed towards its news department, which laid off most of its employees.

In 2008, ABC-5 was rebranded as TV5 as it enters a partnership with MPB Primedia Inc., a local company backed by Media Prima Berhad of Malaysia as part of a long-term strategy to make the station more competitive. This caused the revitalization of its ratings from 1.9% in July 2008 (before the re-branding) to 11.1% in September 2009.[7]

2009–2016: Acquisition by MediaQuest, expansion, relocation, and renaming

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On October 20, 2009, Media Prima announced that it would be divesting its 70% share in TV5/MPB Primedia and selling it to the Philippine Long Distance Telephone Company's broadcasting arm, MediaQuest Holdings, Inc. as the company incurs losses in the midst of global financial crisis. MediaQuest also acquired Cojuangco-owned ABC Development Corporation and its television stations by the end of the year. The two acquisitions was completed on March 2, 2010, as announced by PLDT chairman Manuel V. Pangilinan. TV5 was reformatted on April 4, 2010, with a new lineup of programming and branding as the "Kapatid" ("sibling") network.[8] ABC's radio arm Dream FM was retained under Cojuangco management after the latter had transferred its ownership to Interactive Broadcast Media. By July 2011, Dream FM Network was closed and its Manila station was sold to Ultrasonic Broadcasting System and relaunched as 106.7 Energy FM.

Upon acquisition, TV5 expressed interest to acquire the 27.24% controlling share of Indosiar Karya Media, which operates Indosiar, by-then owned by PLDT affiliate Salim Group to transform the network as the pan-regional multimedia leader in Southeast Asia. The agreement was projected to be reached by 2011, but it was never conceptualized after Indosiar merged to Surya Citra Media, a subsidiary of Emtek in 2013.[9][10]

On October 1, 2010, TV5 took over the management of MediaQuest's Nation Broadcasting Corporation stations; DWFM was re-launched as a TV5-branded news radio station on November 8, 2010, Radyo5 92.3 NewsFM, and DWNB-TV was re-launched as AksyonTV on February 21, 2011, a news channel based on TV5's newscast Aksyon.[11][12]

In June 2011, Sports5 began a deal with the state-run Intercontinental Broadcasting Corporation to produce sports programming for the network under the brand AKTV. The block time deal ended on May 31, 2013, although TV5 continues to use IBC-13's Broadcast City facilities for sports events as MediaQuest Holdings is a possible bidder for the privatization of IBC-13.[13][14][15]

Through co-owned Pilipinas Global Network Ltd., international channels Kapatid TV5 and AksyonTV International were launched in April 2011. The channels were available in Europe, Middle East, North Africa, Guam, and the United States.

TV5 has also entered the social media space as it began its online lifestyle site Kristn.com, a Pinoy online music portal Balut Radio and news video content site News5 Everywhere.[16] Kristn and Balut Radio are inactive since December 2014.

Rey Espinosa stepped down as ABC Development Corporation President and CEO on June 1, 2013, to assume his new post as Associate Director of the First Pacific Company Ltd., PLDT's majority owner. He was replaced by Noel C. Lorenzana, the Head of the Individual Business for the PLDT Group.[17]

 
TV5's transmitter and first studio complex in Novaliches, Quezon City. This is the former corporate headquarters of TV5 from 1990 until its transfer to TV5 Media Center in 2013.

By December 23, 2013, the network relocated and began broadcasting from its new headquarters, the 6,000 square meter TV5 Media Center located in Reliance, Mandaluyong; vacating its Novaliches complex, which is in use from 1992, as well as its studios in Delta Theater (Quezon City), Broadway Centrum (New Manila), Marajo Tower (Bonifacio Global City) and the PLDT Locsin Building (Makati). The transmitter and corporate offices of TV5 remained in Novaliches, Quezon City. Phase 1 (News5 Center) was completed on the same day while Phase 2 of the building (Entertainment Building, now the Launchpad Center) is currently under construction. Once the Media Center is completed in 2016, it will house TV5, and their sister companies Cignal Digital TV, Voyager Innovations and Philex Mining.[18][19][20][21][22][23]

Upon failure of acquiring a stake on GMA Network, TV5's ultimate parent, the Philippine Long Distance Telephone Company (PLDT) pours more funds to TV5. PLDT's subsidiary, ePLDT, Inc., invests P6-billion in the form of Philippine Depositary Receipts (PDRs) in MediaQuest to sustain the growth momentum of TV5 as well as affiliate Cignal TV. PLDT will also install new platforms and technology that will suit consumers’ preference. TV5 Chair Manny Pangilinan predicted that TV5 would "break even" by 2017.[24][25]

In response to the process of shifting to digital terrestrial television, TV5 invested P500-700 million in the next four years as preparation for its shift to digital TV. Currently, TV5 and AksyonTV conduct digital test broadcasts on channels 42 and 51, operated by TV5 affiliates Nation Broadcasting Corporation and Mediascape, respectively. It also plans to convert its UHF stations that operate TV5 and AksyonTV, to DTV transmitters.[26][27]

In December 2014, ABC Development Corporation partnered with Singapore-based studio Brand New Media to launch a multi-channel datacasting service 4ME Philippines. 4ME will feature original content, produced both in the Philippines and internationally, for a network of lifestyle channels covering food, health, fashion, tech, comedy, travel, home, entertainment, celebrity, sport, outdoor adventure and music. With the domain www.TV4ME.ph, 4ME was targeted to launch in 2015. Brand New Media has already launched a similar service in Australia.[28]

In 2015, the company changed its name from ABC Development Corporation to TV5 Network, Inc.

TV5 Network, Inc. also launched its digital library of original online content called Digital5, using the company's online portals to produce exclusive programs that compass different audiences on different platforms.[29]

On August 3, 2015, TV5 Network, Inc. and Cignal TV tied up with Viva Communications to form an entertainment network called the Sari-Sari Channel (or Sari-Sari Network; SSN) that would air programs and films from both the Viva portfolio and TV5. By October, TV5 partnered with SSN by agreeing to let the latter handle the production of all the entertainment programs of TV5,[30] with Viva's Vic del Rosario Jr. appointed as the network's chief entertainment strategist.[31] The partnership was brief, however, ending by June 2016 due to a lack of success.[32]

After President Rodrigo Duterte came into office on June 30, 2016, many news anchors such as Cherie Mercado and Martin Andanar left the network to work for his administration.[33]

2016–present: Renewed strategy, pandemic, and partnership with RPN/Nine Media and Bright Star Broadcasting Network Corporation

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TV5's transmitter in Novaliches, Quezon City, 2016

On October 1, 2016, Media5 president and former Gilas Pilipinas and PBA head coach Chot Reyes became the network's officer-in-charge, replacing the network's president for four years, Noel Lorenzana, who retired from his position on September 30.[34] In the same year, the network halted production on entertainment programs after it shifted its strategy toward broadcasting American television shows and films dubbed in Filipino,[35][36] while a deal is made with filmmaker Brillante Mendoza to produce television films and series for the network.[37] Sebastian Duterte, son of Philippine President Rodrigo Duterte, was recruited in January 2017 to star in the unscripted travel show Lakbai for his appeal to the millennial market.[38][39][40] By February 2017, more than 100 employees were laid off in short notice, most of whom were members of the ABC Employees Union.[41]

On February 17, 2018, TV5 launched its new slogan called "Get It on 5!". Along with the said launch, the network also started its five-brand strategy which consists of News5 (News), ESPN5 (Sports), On5 (Entertainment and other content), D5 Studio (Digital) and the newly revived Studio5 (Films and Originals). By March, the network made a deal with Netflix to stream its new action series Amo, directed by Mendoza, becoming the first Philippine-produced series on the platform.[42]

In October 2018, TV5 was acquired by the MediaQuest Holdings and discontinued use of the TV5 Novaliches facilities.

On April 22, 2019, TV5 Network was granted a 25-year legislative franchise extension under Republic Act No. 11320, which lapsed into law after 30 days of inaction by President Duterte. The law grants TV5 Network a franchise to construct, install, operate, and maintain, for commercial purposes, radio broadcasting stations and television stations, including digital television system, with the corresponding facilities such as relay stations, throughout the Philippines.[43][44]

Upon the retirement of Chot Reyes as TV5's president and CEO, he was replaced by Media5 President (TV5's sales and marketing arm) Jane Basas.

On February 4, 2020, Robert P. Galang was appointed as the new president and CEO of TV5 Network and Cignal TV, replacing Basas who had been appointed as the new Chief Marketing Officer of Smart Communications.

On August 15, 2020, TV5 Network announced partnership with its sister company, Cignal TV to become as TV5's main content provider to handle the network's programming in order to bring back the glory days of TV5 to compete again with GMA Network, TV5's longtime rival and other TV networks in the Philippines after the expiration of the congressional franchise of ABS-CBN in May 2020.[45][46][47] In 2021, TV5 and rival network ABS-CBN signs a deal that lets ABS-CBN programs to be broadcast in TV5 along with its own shows, and also released a new cable channel named BuKo that airs comedy shows which is only available in Cignal. TV5 also released a new digital TV set-top box called Sulit TV which transmits TV5's digital frequencies as well as other available digital channels, competing with ABS-CBN TV Plus and GMA Affordabox.

In September of the same year, University Athletic Association of the Philippines or commonly known as UAAP, inked a deal with Cignal to launch UAAP Varsity Channel to air UAAP basketball and volleyball events and is also simulcast on TV5 and One Sports.

In January 2021, TV5 started broadcast of selected programming produced by ABS-CBN to expand its nationwide reach following the shutdown of the latter's free-to-air network on May 5, 2020. On January 24, the Kapatid network began to simulcast ABS-CBN's Sunday noontime programming block, followed by the addition of the latter's primetime block on March 5, its noontime show on July 16, 2022, and afternoon block on July 25, 2023.[48][49][50][51]

In June 2022, ABS-CBN engaged into advanced talks with TV5's parent company, MediaQuest Holdings to allow its resources combined after Villar Group-backed Advanced Media Broadcasting System acquired ABS-CBN's former frequency, and slated to begin operations in October 2022 as ALLTV-2 and become the flagship station of ALLTV.[52][53] On August 10, 2022, ABS-CBN and MediaQuest Holdings signed a "convertible note agreement" as announced on the following day for the ABS-CBN's investment into TV5 Network by acquiring 34.99% of the company's common shares, with an option to increase it stake to 49.92% within the next eight years with MediaQuest remained as the TV5's controlling shareholder with 64.79% of TV5's common shares. Meanwhile, MediaQuest Holdings executed a "debt instruments agreement" they will acquire a 38.88% minority stake of ABS-CBN's cable TV arm Sky Cable Corporation through Cignal TV, with an option to acquire an additional 61.12% of Sky Cable shares within the next eight years.[54][55][56] After ABS-CBN and TV5 had a partnership deal, the House of Representatives has set a briefing and SAGIP Representative Rodante Marcoleta commented that TV5 violated the broadcasting franchise with ABS-CBN deal.[57][58] But a day later, the briefing scheduled was cancelled that supposed to happen on that day.[59] On August 24, the two broadcasting companies agreed to pause their closing preparations for the deal following concerns from politicians and some government agencies.[60] On September 1, 2022, both parties announced the termination of the proposed investment.[61]

On February 1, 2023, Guido R. Zaballero was appointed president and chief executive officer of TV5 Network.[62] Zaballero, who was previously the product manager of Smart Communications' Talk 'N Text cellular service and the vice president and head of marketing for Cignal TV,[63] will assume the position following the retirement of Robert P. Galang, who headed Cignal TV and TV5 since 2020.[62] Meanwhile, Jane J. Basas has assumed the post of president and CEO of Cignal TV, concurrently with her role as the president and CEO of MediaQuest, the holding company of TV5 and Cignal TV.[64]

On April 1, 2023, the high-definition feed of TV5 was launched on Cignal Channel 15 (HD) as announced on March 21, 2023.[65]

On April 16, 2023, the main channel switched its airing of aspect ratio quality on the channel feed and its programming to widescreen format (16:9) as being converted its mitigation of reception through analog (until the end of the year) and digital signal reception through free TV and other cable and satellite television providers after more than 31 years on the usage of broadcast video picture resolution that migrated from fullscreen format (4:3).[66][67]

In June 2023, the comedy trio of Tito Sotto, Vic Sotto, and Joey de Leon (TVJ) have signed a "long term" agreement with TV5's parent company MediaQuest to produce content for TV5 and other MediaQuest properties. On July 1, 2023, TVJ's noontime variety show entitled E.A.T. premiered on TV5 and then eventually returned to its original name making TV5 the new home of Eat Bulaga!.[68][69][70]

In October 2023, TV5 President Guido Zaballero announced that the broadcast of the PBA games would be transferred to A2Z, with the change in TV5's programming to focus more on entertainment and news programs. [71][72][73] That same year, TV5 entered into an acquired agreement with Nine Media Corporation (NMC) to broadcast Eat Bulaga! on Saturdays and select PBA games on Saturday and Sunday, both on CNN Philippines, starting January 6, 2024.[74]

On February 1, 2024, following the closure of CNN Philippines, TV5 announced that it has launched the new free-to-air channel RPTV in partnership with NMC and RPN.[75]

On November 4, 2024, TV5 enters an airtime lease with Bright Star Broadcasting Network Corporation for the transfer of its radio division, Radyo 5 True FM to 105.9 FM. Prior to this, Radyo 5 was on NBC's 92.3 FM from November 8, 2010 to November 3, 2024 until Philippine Collective Media Corporation took over the operations of this frequency and rebranded as Favorite Music Radio.[76]

Broadcast assets

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Main article: List of television and radio stations owned by TV5 Network

TV5

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Main article: TV5 (Philippine TV network)

TV5 or simply as 5 (formerly known as ABC) is the major Philippine broadcast asset of television network. Founded on June 19, 1960, it is branded as the Kapatid (Sibling) Network in reference to the company's logo. Its headquarters can be found at the TV5 Media Center in Mandaluyong and alternative studios at the TV5 Broadcasting Complex in Novaliches, Quezon City.

One Sports

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Main article: One Sports (TV channel)

One Sports is a Philippine sports channel of TV5 Network Inc. with Nation Broadcasting Corporation (NBC) as its primary content provider that aired on its flagship station, UHF channel 41 and was launched on March 8, 2020. One Sports serves as a sports channel for TV5 with its programs primarily produced by its sports division of the same name. It was formerly called 5 Plus, when it was launched on January 13, 2019, and AksyonTV, a Filipino-language news channel launched by TV5 in 2011–2019. and it is available in most satellite and cable TV systems.

RPTV

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Main article: RPTV (TV channel)

RPTV is a Philippine free-to-air television channel operated by TV5 Network, Inc., a wholly-owned subsidiary of MediaQuest Holdings, Inc. media arm of PLDT Beneficial Trust Fund; on behalf of Nine Media Corporation, the controlling owner of Radio Philippines Network (RPN).

Radyo5

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Main articles: DWFM and DWLA-FM

Radyo5 is a collective name for the news/talk FM radio stations of the Nation Broadcasting Corporation. The stations' all-news format is co-branded with News5, the news department of the television channel TV5. The first one to adopt the format is DWFM 92.3 FM on October 1, 2010 (only to be moved to 105.9 MHz on November 4, 2024 after the former's acquisition by PCMC), followed by DYNC 101.9 FM Cebu on November 12, 2012, and DXFM 101.9 FM Davao on December 3, 2012, with 4 relay stations serving Baguio, Bacolod, Cagayan de Oro and General Santos City, as well as one affiliate station in Dagupan.

Cable/Satellite assets

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Further information: Cignal TV

Most of the assets containing cable channels and its related content are handled by Cignal TV, TV5 Network's sister company.

Internet and social media

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News5 Digital

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News5 Digital
FormerlyNews5 Everywhere
Type of site
News website
Online streaming
Available in
HeadquartersTV5 Media Center, Reliance St., corner Sharidan St., Mandaluyong, Metro Manila
Country of originPhilippines
Area servedWorldwide
OwnerTV5 Network Inc.
Key people
  • Patrick Paez (OIC for Head of News and Information)
  • Jackie Sierda (Head, News Operations)
  • Mary Grace Navarro (Head, News Production)
ParentD5 Studio
URLnews.tv5.com.ph
LaunchedMay 3, 2013; 11 years ago (2013-05-03)
Current statusActive

News5 Digital (News5.com.ph) (formerly known as News5 Everywhere) is the official news portal, online video and audio content management platform and Social TV of TV5. It also serves as online and on-demand streaming portal for TV5 and AksyonTV as well as serving as an online citizen journalism portal of News5.

One Sports

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One Sports (OneSports.ph) is the official sports webpage of TV5 Network, Inc. in the Philippines, in conjunction with One Sports. Its content draws upon the resources of both for local and international sports news.

Digital5

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Main article: Digital5

Digital5, an online programming division of TV5, provides an array of online-exclusive content with various genres that can be viewed on all platforms through the online portals of TV5, One Sports, News5 Digital and GG Network.

Kapatid Online

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Kapatid Online
Type of site
Web-based channel
Available in
HeadquartersTV5 Media Center, Reliance St., corner Sharidan St., Mandaluyong, Metro Manila
Country of originPhilippines
Area servedWorldwide
OwnerTV5 Network Inc.
Key people
Industry
ParentD5 Studio
URLtv5.com.ph
youtube.com/TV5%20Philippines/live
RegistrationRequired
LaunchedApril 1, 2024; 6 months ago (2024-04-01)
Current statusActive

Kapatid Online is a web-based channel owned and operated by D5 Studio, a division of TV5 Network Inc., which is owned by MediaQuest Holdings and livestreams on Facebook and YouTube. It airs original programming from TV5, One Sports, RPTV, One News, One PH, Sari-Sari Channel and BuKo and it airs of TV5's classic shows. Livestreaming of shows on both platforms are available worldwide. Kapatid Online competed with ABS-CBN's Kapamilya Online Live and GMA Network's Kapuso Stream.

International presence

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Pilipinas Global Network Ltd.
Company typeSubsidiary
IndustryBroadcasting
FoundedMarch 16, 2011; 13 years ago (2011-03-16)
Headquarters
TV5 Media Center, Reliance cor. Sheridan Sts., Mandaluyong, Metro Manila
,
Philippines
Area served
Worldwide
Key people
Products
ServicesTelevision
Owner
ParentTV5 Network, Inc.
Websitepgnl.ph
Main article: Kapatid Channel

TV5's international presence is overseen by Pilipinas Global Network Ltd. (PGN), a joint subsidiary of TV5 Network Inc. (40%) and its parent the Philippine Long Distance Telephone Company (60%), Founded on March 16, 2011, at the British Virgin Islands, it has two subsidiaries of its own, PGN (Canada) Ltd., based in British Columbia, and the PGN (US) LLC., incorporated through the Delaware General Corporation Law and currently based on California. Through these subsidiaries, PGN acts as the sole and exclusive distributor and licensee of the programs, shows, films and channels of TV5 through international syndication and its owned-and-operated channels, the Kapatid TV5 and AksyonTV International.[77]

Prior to this, TV5 (formerly ABC-5) airs its programs through an international channel, The Mabuhay Channel and its counterpart in Canada. The Mabuhay Channel features a wide array of programming from movies, music, sports, entertainment, current affairs to children's and lifestyle programming from ABC-5 as well as PTV-4, IBC-13, the CCI Asia Group and Viva Entertainment. It was founded on July 22, 2004, by Philippine Multimedia Systems, Inc. (PMSI), current operator of Dream Satellite TV and by-then sister company of ABC-5 (PMSI and ABC-5 are owned by Antonio "Tonyboy" Cojuangco, Jr.). It was closed on August 18, 2008, 9 days after ABC-5's rebrand to TV5 and due to the channel's pullout from Dish Network.

Defunct services

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AKTV

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Main article: AKTV

AKTV was a primetime sports programming block produced by Sports5 division of TV5 and was aired on state-run Intercontinental Broadcasting Corporation (IBC). Formed by an blocktime agreement on February 28, 2011, it was launched on June 5, 2011, by an AKTV Run at the SM Mall of Asia in Pasay. However, due to high airtime cost and low ratings caused by the impending privatization of IBC, AKTV ceased airing in May 2013 although TV5 continues to use IBC's Broadcast City facilities for its sports programming as TV5's parent, MediaQuest Holdings, has a potential bid for its privatization that was aimed to happen by 2016, However, MediaQuest could not join the privatization bid due to ownership rules and regulations that MediaQuest owns TV5 and AksyonTV.

Dream FM Network

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Main article: Dream FM Network

Dream FM Network is the original radio network of ABC Development Corporation when it is reopened in 1992. With its flagship station DWET 106.7 FM Manila (now airing as Energy FM which is owned by Ultrasonic Broadcasting System), DYET 106.7 FM Cebu (now DYQC 106.7 FM, airing as DWIZ News FM 106.7 under the auspices of Aliw Broadcasting Corporation), and DXET 106.7 FM Davao (now Radyo Digoseño by the Digos City Government), it undergoes multiple format, including Hot AC, Top 40 hits, Original Pilipino Music and sometimes, Latin music. Upon acquisition of the conglomerate by Antonio "Tonyboy" O. Cojuangco, Jr., the radio network flipped its format into smooth jazz format added up with R&B, Soul, Bossa Nova and House, remained unchanged after its TV counterpart ABC-5 reformatted in 2008. The radio network was not part of acquisition of ABC Development Corporation by the MediaQuest Holdings in 2010 since the latter has Nation Broadcasting Corporation's FM stations, which later branded to News5 as Radyo5 NewsFM. Dream FM was retained under the Cojuangco management and operated by former ABC stockholder Anton Lagdameo, with Cojuangco already transferred ABC's entire FM stations to Interactive Broadcast Media (IBMI). Majority of Dream FM stations closed in June 2011 as Ultrasonic Broadcasting System acquired the operations of DWET 106.7 FM Manila and reformat on July 1 as Energy FM Manila (Energy FM was formerly on DWKY 91.5 FM, now 91.5 Win Radio). Only DYKP retained its operations as Boracay Beach Radio.

Balut Radio

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Balut Radio was an Internet radio service of TV5 Network Inc. Founded on April 1, 2013, it featured OPM and international music channels, as well as news and sports channels powered by News5 as well as radio channel that can be customized by users. In September 2014, Balut Radio ceased operations.

Kristn

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Kristn, (kristn.com) also known as Hitlist by Kristn, was an online lifestyle hub of TV5. It featured exclusive content on food & dining, movies, tech & gaming, music & events, men's lifestyle and celebrity features. Active from December 2012 to January 2015, the website was dissolved after the launch of a similar service, TV4ME Philippines.

TV4ME Philippines

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Main article: TV4ME Philippines

TV4ME Philippines was a digital advertorial datacasting service operated under the joint venture of TV5 and Brand New Media, a Singapore-based online content provider. It offered original programs that ranges from food, health, travel, shopping, motoring, property, business, finance, careers, sports, hobbies, and technology. This service is currently inactive due to financial constraints.

Catsup

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Catsup (pronounced as Catch-Up) was a digital-exclusive subchannel of TV5 Network available only in Manila, where its digital signal is being tested. Under test broadcast, it airs re-runs of top-rated programs from TV5 and selected Sports5 coverages. It also aired replays of selected News5 documentaries and classic Filipino movies on weekends. However, on February 1, 2017, Catsup ceased broadcasting due to unknown reasons.

InterAksyon

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Main article: InterAksyon

InterAksyon (interaksyon.com) is an online news portal of TV5 launched in 2011. It features articles and editorials from respected journalists and News5 reporters. The website also developed the TNAV (Traffic Navigator) which features real-time traffic updates from the MMDA. The service was under the management of News5 from its launch until March 31, 2018. Currently, the PhilStar Media Group, another company under MediaQuest, handles the site under its own digital group.

AksyonTV

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Main article: AksyonTV

AksyonTV (Action TV) was a news and sports television network co-owned by TV5 Network and Nation Broadcasting Corporation. Founded on February 21, 2011, AksyonTV's programs comprised a combination of live news reports, documentaries, sports and current affairs programming. Its existing lineup of programming draws upon TV5's own resources and its news partners. It also aired simulcasts programs of Radyo5 92.3 News FM and news programs of TV5. The channel was shut down on January 12, 2019, and it was replaced by 5 Plus. AksyonTV's sports programs was carried by 5 Plus, while Radyo5 simulcast programs moved to the new stand-alone satellite channel under Radyo5 brand prior to the launch of One PH, exclusively on Cignal.

5 Plus

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Main article: 5 Plus

5 Plus was a commercial sports terrestrial television network co-owned by TV5 Network and Nation Broadcasting Corporation. Named after its parent station, it served as complementary channel for 5 with its programs primarily produced by ESPN5. 5 Plus was launched on January 13, 2019, replacing AksyonTV, until it ceased its broadcast on March 7, 2020, to give way for One Sports.

ESPN5

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ESPN5 (ESPN5.com) is the official sports webpage of ESPN in the Philippines, in conjunction with One Sports. Its content draws upon the resources of both ESPN (for global articles) and One Sports (for Philippines-originating articles). As early as March 2020, ESPN International did not renew its content partnership agreement with TV5/Cignal, prompting the latter to rebrand its sports channel to One Sports and drop ESPN5-branded programming on its lineup.

Executive management

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  • Manuel V. Pangilinan (chairman of the Board, TV5 Network, Cignal TV, Nation Broadcasting Corporation and MediaQuest Holdings)
  • Jane J. Basas (president and chief executive officer, MediaQuest Holdings and Cignal TV)
  • Guido R. Zaballero (president and chief executive officer, director, TV5 Network)
  • Dino Laurena (chief operating officer, director, Media5)
  • Pierre Paul S. Buhay (Treasurer and Chief Financial Officer)
  • Vince Rodriguez (head of sales and marketing)
  • Ronaldo A. Hernandez (head of Network Engineering)
  • Estrelita G. Gacutan (corporate secretary)
  • Michael Rex O. Celiz (assistant corporate secretary)
  • Victorico P. Vargas (Member of the Board of Director)
  • Ernesto D. Sta. Maria, Jr. (Member of the Board of Director)
  • Marife B. Zamora (Member of the Board of Director)
  • Lydia B. Echauz (Member of the Board of Director)
  • Patrick Paez (Officer In Charge for Head of News and Information, News5 OIC)
  • Jay Cesora Orense (Head of Public Affairs Unit)
  • Isabel Aranez-Santillan (vice president for head of Cignal Entertainment)
  • Jillmer Dy (Programming Head)
  • Sienna Olaso (Head of One Sports)

Other assets

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Divisions

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Cignal Entertainment

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Cignal Entertainment is the entertainment production division of TV5 that produces drama, comedy, reality, variety, game, and talk shows and TV film productions. It is currently headed by its Vice President; Head of Cignal Entertainment Isabel Aranez-Santillan.

  • I - Drama Productions
  • II - Comedy/Infotainment/Game & Reality Productions
  • III - Talk/Musical Variety/Specials and Alternative Productions
  • IV - Television film Productions

News5

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The news division of TV5 generates news, infotainment, and entertainment output for TV5's television, radio, and digital media platforms. The division is headed by News5 OIC Patrick Paez. Who also integrating the newsrooms of News5, News5 Digital and Rescue5.

  • News5
  • News5 Digital
  • News5 Digital Originals
  • News5 Weather
  • News5 Research
  • One News
  • One PH
  • Rescue5

MQ Artists Agency

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The talent management division of the company founded on December 5, 2010.

Sports5

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The sports division of TV5 supplies and airs major sporting events in the Philippines on free TV channels, Cignal-channels and digital media platforms. The division is headed by Head, Cignal TV Sports Content Mico Halili.

D5 Studio

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The digital media, technology and online arm of TV5. It produces content (also partnering with some productions) that will can be viewed on the network's online portals. Digital5's content include lifestyle, travel, news, business, sports, comedy, etc. It also managed the news portal News5 Digital, TV5.com.ph, One Sports and Kapatid Online.

  • News5 Digital
  • TV5.com.ph
  • One Sports
  • Kapatid Online

Studio5

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Studio5 Inc.
Studio5
Company typeSubsidiary
Industry
Founded2005; 19 years ago (2005)
Headquarters
TV5 Media Center, Reliance St., cor. Sharidan St., Mandaluyong, Metro Manila
,
Philippines
Area served
Worldwide
Key people
Products
OwnerMediaQuest Holdings
ParentTV5 Network Inc.
DivisionsCignal Entertainment
Sari-Sari Network
UXS, Inc.

Studio5, Inc. is a Filipino film and television production company headquartered in Mandaluyong, Philippines It is one of the major film production companies in the Philippines, along with Star Cinema, Viva Films and Regal Entertainment. Its films include Lasponggols, Pepot Artista, and Room Boy (2005), Tulad ng Dati (2006) and Rosario (2010).

Subsidiaries and affiliates

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Corporate social responsibility

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References

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