TV5 Network

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, ,
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
True FM
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]
DecreasePHP3.862 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

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.

Among its assets it owns and operates three broadcast television networks (TV5, One Sports, and RPTV), the national radio station (105.9 True FM), and the regional radio network (True FM), they also operate 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).

  1. ^ a b "Media Ownership Monitor Philippines - TV 5 Network, Inc". VERA Files. Retrieved November 24, 2016.
  2. ^ "TV5 losses double to P4.1B in 2011". The Philippine Daily Inquirer. Retrieved August 8, 2012.
  3. ^ Dela Paz, Chrisee (April 18, 2018). "No further job cuts at TV5 after better financial performance". Rappler. Retrieved April 19, 2018.