QUEZON CITY, Philippines — ABS-CBN Corporation posted consolidated revenues of ₱10.51 billion for the first nine months ending September 30, 2026, driven by growth in non-advertising revenue streams and ongoing cost-management measures in a challenging business environment.
The Lopez-led media and entertainment company navigated subdued consumer and business sentiment, heavily influenced by global economic shifts, geopolitical developments, and domestic growth trends that weighed on overall advertising and subscription demand.
Segment Performance and Content Highlights
The Content Production and Distribution segment remained the primary revenue driver, bringing in ₱8.96 billion. When excluding election-related advertising revenues from the previous year, underlying segment revenues grew by 6%, propelled by gains in content licensing and syndication, co-productions, and consumer revenue streams.
Star Cinema contributed to the film lineup with the May release of Tayo Sa Wakas. Meanwhile, P-Pop sensation BINI expanded the company’s global footprint by performing at the Coachella Valley Music and Arts Festival in April and launching a world tour in June, with its final leg slated across Asia in the fourth quarter.
Additionally, ABS-CBN Global staged 27 international events, highlighted by two sold-out ASAP XP Australia performances in July.
Despite revenue growth in core content areas, the Content Production and Distribution segment reported a net loss of ₱2.03 billion, compared to ₱1.66 billion during the same period last year. However, excluding political advertising and non-recurring items, the segment’s recurring net loss improved by 8% year-on-year.
Cable TV and Broadband Decline
The Cable TV and Broadband segment recorded revenues of ₱1.55 billion, marking a 41% decrease compared to the first nine months of 2025, driven by a continuous decline in its subscriber base.
In response, the segment reduced operating costs and expenses by 24%—equivalent to ₱770 million—though it incurred ₱190 million in non-recurring expenses tied to the winding down of plant assets. The segment posted a net loss of ₱923 million for the nine-month period, widening from a net loss of ₱585 million a year ago.
Overall, the group-level consolidated net loss reached ₱2.95 billion, compared with ₱2.24 billion in the corresponding period in 2025.