MANILA, Philippines — ABS-CBN Corp. is retaining the door open to extra partnerships with different media corporations because it strengthens its concentrate on a content-driven enterprise mannequin after dropping its broadcast franchise.
In its annual stockholders’ assembly on Wednesday, ABS-CBN chief partnerships officer Roberto Barreiro mentioned it will proceed exploring collaborations that would develop the attain of its content material.
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“As a content material firm, ABS-CBN will proceed to discover alternatives to create extra content material and serve its numerous publics as greatest as it will probably,” Barreiro mentioned.
“We’re open to working with different media corporations beneath phrases which are useful to the corporate,” he added.
Barreiro was responding to a shareholder who requested whether or not ABS-CBN was finding out separate joint ventures with GMA Community and MediaQuest Ventures protecting tv, streaming, movie, music, stay occasions and content material manufacturing.
“We now not depend upon proudly owning platforms to achieve audiences, as an alternative constructing partnerships that will have as soon as appeared unattainable,” ABS-CBN president and CEO Carlo Katigbak mentioned.
The corporate can be persevering with to streamline its bodily footprint. ABS-CBN mentioned Ayala Land Inc. will obtain the portion of its Quezon Metropolis property by mid-2027.
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After the turnover, all of its Quezon Metropolis-based working models shall be housed within the Eugenio Lopez Communications Middle and Gina Lopez Constructing, in line with head of actual property and growth Grant Orbeta.
“This can be a new ABS-CBN that we’re constructing, devoted to our mission of public service, however adapting to a unique time and circumstance,” Katigbak mentioned. /pai
