ABS-CBN’s Income Up 44% in 1st Half of 2013
ABS-CBN generated consolidated revenues of P17.061 billion from advertising and consumer sales, a 23% increase compared to last year.
Advertising revenues reached P10.061 billion, an increase of 29% from a year ago. Consumer sales amounted to P7.000 billion, posting a 16% increase. SkyCable continues to be a major driver of growth with revenues increasing by 30% to P3.297 billion. The growth in SkyCable revenues is partly attributable to the acquisition of Destiny Cable.
Total costs and expenses increased by 20% to P15.280 billion brought about by increases in production costs, cost of sales and services , and general and administrative expenses.
Capital expenditure and film and program rights acquisition amounted to P1.653 billion, 20% lower than last year.
ABS-CBN led in national audience share and ratings for Urban and Rural audiences with primetime audience share averaging 46% in the first six months of 2013, a 16 percentage point lead over GMA, based on Kantar National TV Ratings.
For the first six months, the top 20 programs for Total Philippines (Urban and Rural) were from ABS-CBN, with the following occupying the Top 10 slots: Juan dela Cruz, Juan dela Cruz Ang Simula, Ina Kapatid Anak, MMK Ang Tahanan Mo, Princess and I, The Voice of the Philippines Saturday, Wansapanataym, World Junior Featherweight Champ, The Voice of the Philippines Sunday, and Huwag Ka Lang Mawawala.
ABS-CBN Film Productions, Inc. released 8 films in the first six months of 2013. Three of them– One More Try, Sisterakas and It Takes a Man and Woman grossed more than P200 million each.
if you are a business minded person,natural ang pangungutang basta may pambayad lang kahit nga pinakamayan na mga entity may utang…cguro hindi nangungutang ang gma because wala clang pambyad ndi kasi cla sure f tangkilikin ng mga tao ang knilang mga shows and eto na nga losser tlaga..
foerever KAPAMILYA
AMBOBOBO NYONG LAHAT!! AMBOBOBO NYONG UMINTINDI NG BUSINESS!! KUNG ANU-ANO PINAGKUKUMPARA NYO, MALI-MALI NAMN MGA COMPARISON. BUMASA KASI KAYO NG NUMERO AND DOUBLE CHECK, THEN MAG-ANALYZE MGA TANGA!
Good job Abs.. More more income for this coming year! Godbless..
guys have you read the gme’s report of same of this?
kaloka todo praise release to the maxxx. ultimo album sales..,
ang haba-haba ang report nila whereas ang ABS napaka-simple.
MANILA – Political ads boosted profit of rival networks ABS-CBN and GMA. ABS-CBN cornered P1.2 billion in political ads, while GMA’s political ad revenues were P724 million.
The result: ABS-CBN’s net income was up 44% to P1.339 billion in the first half, while GMA was up 12% to P 1.135 billion.
The windfall from political ads are one-off, coming only in an election year. But even without it, ABS-CBN said its airtime revenues are strong, growing 17%.
This puts the Lopez company on track to meet its income target for the year.
Airtime revenues account for bulk of the two TV network’s revenues, so that at least one analyst from a foreign bank says, with political ads gone in the second half, ratings would matter a lot. – By Lois Calderon, ANC
tumahimik kayo GMA talunan wag na kayo mag-react kahit sa mga comment marami ang ABS konti lng ang GMA tama? meaning mas popular ans ABS mas love and like nila ans ABS… actingan ng GMA SUPER OA:::::: SUper douper very flop……
I dont like….
Maginovate wag gaya gaya potomaya
ABS CBN loser in mega manila due to massive relocation bwahaha sinu kya squatter?
Kahit san tingnan ang pangungutang means walang pera pang capital hai sad kapamilya lalong natalo sa mega manila kc narelocate na haha sinu kya squatter
ang kamuning gma first quarter loss na, kala namin humakot kayo election ad revenue, yon pala nganga