For the six-month period ended June 30, 2014, ABS-CBN generated consolidated revenues of P16.378 billion from advertising and consumer sales, P800 million or 4.7% lower year-on-year. Removing the impact of election-related revenues, consolidated revenues grew by 3.0%.
Advertising revenues decreased by P1.394 billion or 13.6% year-on-year. Excluding impact of election-related advertisements in previous year, advertising revenues is down by merely 1.2%.
On the other hand, consumer sales is up by 8.5% resulting from strong performance of movies released both
locally and internationally.
Comparative revenue mix is as follows:
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