ABS-CBN Corporation reduced its consolidated net loss by 60 percent in the first half of 2025, as stronger content production and distribution revenues, improved advertising sales, and tighter spending buoyed its performance.
In a disclosure to the Philippine Stock Exchange on August 13, the media giant reported a net loss of ₱852 million from January to June 2025, significantly lower than the ₱2.13 billion loss in the same period last year.
Total consolidated revenues rose 6 percent year-on-year to ₱8.28 billion from ₱7.79 billion, driven mainly by the content production and distribution business, which posted ₱6.35 billion in revenues—a 29 percent jump from 2024 levels.
Advertising revenues climbed 27 percent to ₱3.8 billion, fueled by both regular and election-related placements. The company credited the strong performance of its top-rating primetime shows ‘FPJ’s Batang Quiapo’, ‘Incognito’, and ‘TV Patrol’ for the growth.
Digital advertising also grew 5 percent, boosted by iWant, Kapamilya Online Live, and expanded presence on third-party platforms such as YouTube. ABS-CBN noted that rising subscriber numbers—both locally and abroad—contributed to the gains.
The company’s film arm recorded strong box-office results for ‘And the Breadwinner is…’ and ‘My Love Will Make You Disappear’, both performing well in overseas markets. Live events also added to revenues, led by the BINI World Tour, which kicked off with a sold-out Philippine Arena show before traveling to 14 cities abroad.
Operating expenses dropped 12 percent to ₱8.94 billion from ₱10.21 billion, while earnings before interest, taxes, depreciation, and amortization (EBITDA) surged to ₱568 million from just ₱25 million a year ago.
