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ABS-CBN Net Income Jumps 87% in 2010 to P3.2 Billion

The consolidated net income of ABS-CBN Corporation, the country’s largest multimedia conglomerate, jumped by P1.5 billion or 87% to P3.2 billion in 2010.

ABS-CBN delivered consolidated revenues of P32.2 billion from advertising and consumer sales, posting an increase of P7.3 billion or 30% year-on-year.

ABS-CBN’s advertising revenues rose 50% or P7.3 in 2010 reaching P21.7 billion. This increase is attributable to the surge in total advertising minutes sold, programmed rate increase that took effect in February 2010 and political advertisement.

Consumer sales in 2010 amounted to P10.4 billion, posting a slight 1% increase or P60 million from a year ago, mainly from Sky Cable. Sky Cable contribution share to total consumer sales increased to 49% with it its subscription and service revenue contributing P3.9 billion, or P348 million more than 2009. ABS-CBN’s Global contribution share amounted to 38%, while ABS-CBN Film Production, Inc., better known as Star Cinema, contribution share amounted to 13%.

Consumer sales in 2010 amounted to P10.4 billion, posting a slight 1% increase or P60 million from a year ago, mainly from Sky Cable. Sky Cable contribution share to total consumer sales increased to 38% with it its subscription and service revenue contributing P3.9 billion, or P348 million more than 2009. ABS-CBN’s Global contribution share amounted to 49%, while ABS-CBN Film Production, Inc., better known as Star Cinema, contribution share amounted to 13%.

Net income attributable to shareholders for 2010 is P3.2 billion, a P1.5 billion or 87% improvement over last year’s net income.

Earnings before interest, taxes, depreciation and amortization (EBITDA) reached P8.6 billion, yielding an EBITDA margin of 27% for 2009, and 33% or P2.1 billion better than 2009 EBITDA of P6.5 billion.

Capital expenditure and film and program rights acquisition in 2010 amounted to P3.7 billion, P738 million or 25% higher than the level of spending from previous year.

ABS-CBN maintained its national audience share and ratings leadership with total-day audience share averaging 43% in 2010, going by Kantar Media National TV Ratings’ figures.

ABS-CBN’s programs continued to dominate the Top 20 programs list. In 2010, ABS-CBN programs held over 15 of the top 20 slots for weekdays and top weekends. Weekday and week-end entertainment programs launched or aired in 2010— Agua Bendita, Dahil May Isang Ikaw, Habang May Buhay, Imortal, Kokey@Ako, Kung Tayo’y Magkakalayo, Mara Clara (remake), Noah, Pilipinas Got Talent, Tanging Yaman, Wansapanataym, Rosalka and the Agimat Series with Ang Mahiwagang Daigdig ni Elias Paniki, Pepeng Agimat, Tiagong Akyat and Tonyong Bayawak—kept the audience enthralled and enjoyed national program ratings prominence in their respective timeslots.
The high-rating entertainment shows were ably complemented by erstwhile but constantly relevant and evolving news and current affairs shows— Bandila, Matanglawin, Rated K, TV Patrol, Umagang Kay Ganda, to name a few. These programs have become a staple not only in the delivery of news but also a source of knowledge.

Sky Cable pursued its thrust to enhance viewing experience for its customers with continued move towards digitization. Together with the introduction of a tiered pricing mechanism, penetration rates in cable TV viewing steadily improved.

In 2010, Sky Cable also launched the Sky Broadband Ultra High Speed Internet connection subscription that offers speeds of up to 112 mbps. This offering greatly complemented the revolutionary online access to entertainment product- iWantv, which also originated in 2010.
ABS-CBN Global’s overall viewer count increased by 2% year-on-year, with strong double-digit subscriber growth in cable TV subscriptions. With new cable distribution partnerships driving subscriber acquisition, overall subscriber count grew at a double-digit rate in Canada. In Australia, satellite TV subscriber generated a 10% growth as affordable and flexible plans continued to attract new direct-to-home subscribers.

ABS-CBN Film Productions, Inc. continued to produce and or co-produce compelling genres that are well received by the public. In 2010, a total of twelve movies were released with four of them – I Love You, Goodbye, Miss You Like Crazy, Here Comes the Bride, and My Amnesia Girl–exceeding P100 million in box office receipts and earning local blockbuster status.

47 Comments on ABS-CBN Net Income Jumps 87% in 2010 to P3.2 Billion

  1. umutang para sa expansion and investment // April 14, 2011 at 9:27 pm //

    eh ang GME…. di puwede pautangin at walang magpapautang….

  2. I Love the Price is Right!!! // April 14, 2011 at 10:29 am //

    atleast ung inuutang iniinvest.. hindi pinambibili ng sardinas at noodles…

  3. lalo na sa primetime ang pinakamalaking kita panalo ang dos yung kabila puro pluggings lang.LOL!

  4. wow ang yaman na ng mga lopez.

  5. kahit sa umaga dami pa rin ng ads ng dos.

  6. Sawsawera // April 13, 2011 at 9:26 pm //

    graveh! puedeng bilhin ng ABS ang GMA.

    ———

    Utang nga ang gimamit ng ABS-CBN para makapag-upgrade ng kanilang equipment…

    edi katakut-takot na utang na naman ng Abs-cbn kung gusto nyong bilhin ang gma…

  7. wow laki ng kita pa burger naman mam charo.

  8. dami ads ng HYY at Hapontastic tiba tiba pa rin sa kita ang dos.

  9. kahit yung ibang shoms mababa ang ratings ng dos sa daytime panalo pa rin sa ads.

  10. panalo kita panalo sa primetime yan ang abscbn.

  11. makabawi kaya mga kanguso ngayong 2011 nasa primetime ang napakalaking kita panalo ang kapamilya eh.

  12. pano yan talo na naman kayo mga kanguso.

  13. @188 tama ka pero mga kanguso di kaya bilhin ang abscbn.

  14. kangusongtotoo // April 13, 2011 at 7:57 pm //

    a typical kanguso fan = no class,, no brain,, no breeding,, thats all,,,

  15. Anonymous // April 13, 2011 at 6:18 pm //

    Kawawa naman ang mga GMA employees kakaltasan na naman kayo.

  16. Anonymous // April 13, 2011 at 6:11 pm //

    Naninikip na naman ang mga dibdib ng mga Kanguso dito. Hindi matanggap na wala na silang pagasa maabot ang ABS-CBN. Dapat sanay na kayo na palagi kayong talo.

  17. Anonymous // April 13, 2011 at 6:05 pm //

    ABS-CBN total revenue 2010= P 32.2 B
    GMA total revenue 2010= p 14.3 B

    graveh! puedeng bilhin ng ABS ang GMA.

  18. Anonymous // April 13, 2011 at 5:03 pm //

    Just read tabloid here, there was these 9 year old contestant in britain’s got talent: arisxandra libantino stated by the paper the new BGT singing sensation. By her last name and by her looks, she is a filipina. she is fantastic, I think she was singing in karaoke. She was hailed by the paper as “a real Susan Boyle”. BGT will start on saturday in the UK. Check her out at thesun.co.uk, judge by yourself if she was a true blue pinay

  19. @kupalmliyucks and anonymous,….
    — BOTH STUPIDS!!…un lang..

  20. 181
    kupalmliyucks Says:
    April 13th, 2011 at 2:41 pm

    [+]

    o mga kupalmilucks im back…sorry to say may gumagamit ng name ko from euro daw…s us lgn po talaga ang inyong linkod…uing aya… …
    [Open ↓]
    [-]

    o mga kupalmilucks im back…sorry to say may gumagamit ng name ko from euro daw…s us lgn po talaga ang inyong linkod…uing ayaw nyo maniwal malapit ako s intenational drive, orlando fl…ang hirap lang i-justify kc wala kyo d2 mga kupalmilyucks hahahahaaha…pero infainess ang dami talgang bitter d2…

    &&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&

    san ka naman banda dun aber?

  21. kapukpok // April 13, 2011 at 3:11 pm //

    @ Kupalmilyucks, Baka isa kang taga-punas ng pwet sa home for the aged dyan sa abroad. Wala pumapansin sa GMEEEW na taga labas ng Pilipinas. Haler!

  22. corporation // April 13, 2011 at 2:53 pm //

    First Philippine Holdings Corp net icnome P24.9 billion in 2010,

    Lopez Holdings Corp., formerly Benpres Holdings Corp., net income P14 billion 2010

    abs-cbn net income 3.2 billion

    total of 41.1 billion, 3 company palang yan ah wala pa ung iba…di pa na ddisclose sa sec ung iba kaya di ko pa alam ung net income nila.

    ngaun ung nagsasabi diyan na pinagsamang corporation ng lopez ung 3.2 billion net income na nakalagay sa article d2, abs-cbn palang po yan!!!

  23. corporation // April 13, 2011 at 2:49 pm //

    First Philippine Holdings Corp net icnome P24.9 billion in 2010,

    Lopez Holdings Corp., formerly Benpres Holdings Corp., net income P14 billion 2010

    abs-cbn net income 3.2 billion

    total of 41.1 billion, 3 company palang yan ah wala pa ung iba…di pa na ddisclose sa sec ung iba kaya di ko pa alam ung net income nila.

    ngaun ung nagsasabi diyan na pinagsamang corporation ng lopez ung 3.2 billion net income na nakalagay sa article d2, abs-cbn palang po yan!

  24. kupalmliyucks // April 13, 2011 at 2:41 pm //

    o mga kupalmilucks im back…sorry to say may gumagamit ng name ko from euro daw…s us lgn po talaga ang inyong linkod…uing ayaw nyo maniwal malapit ako s intenational drive, orlando fl…ang hirap lang i-justify kc wala kyo d2 mga kupalmilyucks hahahahaaha…pero infainess ang dami talgang bitter d2…

  25. Anonymous Says:
    April 13th, 2011 at 3:47 am

    [+]

    dapat lang na mas malaki dahil marami silang corporation at marami ring maghahati hati—-meaning mas malaki pa rin ang kita ng GM… …
    [Open ↓]
    [-]

    dapat lang na mas malaki dahil marami silang corporation at marami ring maghahati hati—-meaning mas malaki pa rin ang kita ng GMA!!!!bwaaaaaaaaaaaaaaaaa

    ***************************************

    manahimik ka na lng kasi wala ka alam! kaya nga corporation eh…. bawat corporation may kanya kanyang kita at kanya gastos, cge kung pagsamahin mo lahat ng kita ng bawat corporation ng mga lopezes aabot yan ng mahigit 50 billion pesos net income yan ah…

    magisip muna bago mag comment….

    sa sinasabi nilang utang ng abs-cbn, lugi pa dahil sa utang nila, may term ung utang nila yearly nagbabayad sila, and sa net income bawas na dun ung bayad nila sa utang nila para sa taon na un, kaya nga net income eh…mismong kita na ng kmpanya.

  26. @176-178 // April 13, 2011 at 1:55 pm //

    Anong number ng ANONYMOUS na nabanggit mo???

  27. @anonymous,… napaka-nonsense mo,.. NAKAKAAWA KA……

  28. @anonymous…-WHATEVER!!,.. LOOSER!!…lols

  29. @anonymous…..–WHATEVER..!!! lols

  30. gmew-ewgb alam na namin ang modus operandi nyo anong akala nyo sa advertisers at sambayanan Pilipino mga tanga magbago na kayo uy!

  31. asan na ratings noong dec.2010 kung saan no.1 ang Imortal at lubog sa putikan ang kanguso at saan ang rating ng Showtime noong 1st grand final nito takot ipalabas dahil record breaking ito.

  32. gorgonio macalpok // April 13, 2011 at 12:33 pm //

    mga kapamilya hayaan nyo na yan mga kapuso na yan bitter yan ang epekto ng sardinas at noodles sa utak nila

  33. kayang umutang ng dos kahit magkano pero sa kanguso walang magpautang ng malaki baka raw sardinas at noodles lang pambayad nila.hehehehehe.

  34. NILUNOK ANG SARILING BIBIG // April 13, 2011 at 12:25 pm //

    show us what u can do people..may kasabihan nga tayo action speaks louder than words..dba? kapuspera?? kaya pala nilulunok nyu sarili nyung bibig..

  35. kayang bayaran ng abs ang utang nyan 32B assets at kayang bilhin ang maliit na assets ng kanguso at sinong sabing walang utang ang gmew meron din silang utang 3B diba mga kanguso?lol!

  36. GMA super low tech walang kakayahan sa digital tv. kamuning wide lang kas // April 13, 2011 at 12:22 pm //

    si kupalmilyucks taga US (united squatter of payatas) at europe cubao hahahaha

  37. Anonymous // April 13, 2011 at 12:13 pm //

    @ joey, TALAGA! me mga source aq eh ikaw MERON?

  38. after d success of bulong, catch me im in luv here’s another movie frm abs-cbn pak!pak! my doctor kwak! panalo! kumusta nman ang gma films hahaha 1st movie nila flop! bida si ritsard pnka sikat na nilang artista take note! hahaha kakahiya kapalan nlng ng mukha dba mga kanguso?

  39. kapamilya // April 13, 2011 at 11:52 am //

    team kapamilya galing.. galing galing…taas ng net income… sa mga kanguso dyan see first the figures.. the figures speaks for itself.

  40. GMA rules daw??? gaga toh itech na toh.. ang bobo!!!! hahahahaha ang raming bobo talaga sa mundo.. at insecure pah.. what the. nway.. dnt hav to waste tym for stupid and ill manerd morons.. kudos kapamilya.. gma kawawa always.. tv5 mga laos! ahahahha no ads no gain.. ahhahahaa

  41. GMA rules!!!

  42. Anonymous // April 13, 2011 at 10:49 am //

    @ 156-160, edi sinasbi ninyo n wlang kinikita ang abs s wowowee, ganun? at tsaka e2 sasabihin q sa inyo, wala bng ngbebreaktime s opisina at nanunuod ng telebisyon habang breaktime at isa p, asan ang datos ng tns s april 2011 tv ratings nationwide? bkit ndi ito nilalabas ng abs-cbn s knilang mga news at showbiz oriented talk shows? isa lng ibig sbihin nun, NO.1 N ANG GMA S TNS NATIONAL TV RATINGS.

  43. 125
    @kupalmilyucks Says:
    April 12th, 2011 at 11:45 pm

    [+]

    dito sa europe digibox ang gamit at pag digibox na gamit it follows na HD na rin un meaning high definition…dmo naman ata alam i… …
    [Open ↓]
    [-]

    dito sa europe digibox ang gamit at pag digibox na gamit it follows na HD na rin un meaning high definition…dmo naman ata alam ibig sabihin HD eh…loser!!!
    —————————————
    Halang nagsisinungaling ka! Sabi mo taga US ka. Tapos babanat ka ng “Dito sa Europe…”??? Kelan pa napunta ang US sa Europe. Asus naman. Konting research para hindi nabubuko ang kakapusan ng brain.

  44. Anonymous // April 13, 2011 at 10:05 am //

    daytime at primetime panalo ang kapuso, sino ang lugi yung baon sa utang???? bwaaaaaaaaaaaaaaaaaaaaaaaaa

  45. nasa primetime ang pinakamalaking kita triple sa mahal ng ads kaya lang panalo ang kapamilya lugi na naman kayo mga kanguso.hehehe.

  46. eat bulaga lang ang may laking kita pero ang renta lang ang sa kanguso lugi diba mga kanguso?

  47. GMA super low tech walang kakayahan sa digital tv. kamuning wide lang kas // April 13, 2011 at 9:33 am //

    nasa primetime nagfofocus ang advertiser pag daytime mga tsimay at tambay alang kakayahang bumili ng product nila

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