ABS-CBN books P10.51 billion in consolidated revenues in first 9 months of 2026

MANILA— ABS-CBN Corporation reported consolidated revenues of P10.51 billion for the nine months ended September 30, 2026, as the Company continued to strengthen its non-advertising revenue streams and implement cost-management initiatives amid challenging market conditions.

The Content Production and Distribution segment generated P8.96 billion in revenues. Excluding election-related advertising revenues in the previous year, revenues rose 6 percent. Growth came from content licensing & syndication, co-productions, and other consumer revenue streams. 

Star Cinema released Tayo Sa Wakas in May. BINI also launched its world tour in June, following its appearance at the Coachella Valley Music and Arts Festival in April, with the final leg scheduled to take place in Asia in the fourth quarter. ABS-CBN Global staged 27 international events, including two sold-out ASAP XP Australia performances in July. These further contributed to the Group’s revenue growth.

The Content Production and Distribution segment reported a net loss of P2.03 billion, compared to P1.66 billion last year. However, excluding political advertising and non-recurring items, its recurring net loss improved by 8 percent year-on-year.

Revenue for the Cable TV and Broadband segment totaled P1.55 billion, a 41 percent decrease from the same period in 2025, primarily due to the continued decline in the cable television and broadband subscriber base. Operating costs and expenses decreased 24 percent, or P770 million, compared to last year. There were non-recurring expenses amounting to P190M related to the winding down of plant assets. Net loss for the nine months ended September 30, 2026 was P923 million, compared with a net loss of P585 million in the same period in 2025.

At the group level, consolidated net loss reached P2.95 billion, compared to P2.24 billion in the same period last year.  

The Company continued to face a challenging market environment into the 3rd quarter. Global economic and geopolitical developments, the pace of domestic economic growth and subdued consumer and business sentiment weighed on advertising and subscription demand in both segments.