Arthur Fuentes

The ABS-CBN Eugenio Lopez Jr. Communications Center lights up with the media company’s signature colors after the ceremonial switch-off of its Millennium Transmitter on July 9, 2025. ABS-CBN executives, employees, and Kapamilya artists gathered at the ‘Kapamilya Forever: Tahanan Natin ang Isa't Isa’ event along Center Road of the ABS-CBN Compound to pay tribute to the station’s transmitter in preparation for the impending turnover of the property to its new owner.
Gigie Cruz, ABS-CBN News

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ABS-CBN Main Building

ABS-CBN News

MANILA — ABS-CBN Corporation is raising P6 billion in new equity.Crème Investment Corporation, Mantes Corporation, and Presta Holdings Company Inc., representing three branches of the Lopez family, have committed to subscribe to an aggregate of P2.2 billion in ABS-CBN shares using personal resources.I&amp;C Holdings Corp., a 100 percent Philippine-owned private investment holding company that invests for long-term company turn-around, will subscribe to P3.5 billion worth of ABS-CBN shares.“ABS-CBN has built valuable brands, intellectual property, content and deep relationships with Filipino audiences in the Philippines and overseas,”  I&amp;C Holdings Corp. said. “As the media industry continues to evolve, we believe these assets provide a strong foundation for the Company to adapt, build a sustainable content-led business, and create long-term value.”Lopez Inc. will subscribe to an additional P300 million worth of ABS-CBN shares.&quot;This substantial investment is a vote of confidence in ABS-CBN,&quot; said Mark Lopez, Chairman of ABS-CBN Corporation. &quot;It tells us there are people who continue to believe in the Company and in our mission of being In the Service of the Filipino.&quot;The P6-billion capital raising is intended to strengthen ABS-CBN’s balance sheet while giving the Company additional resources to execute its transformation into a more sustainable, content-led media and entertainment business.The investments are subject to the execution of separate definitive agreements and applicable corporate and regulatory requirements.

The P6-billion capital raising is intended to strengthen ABS-CBN’s balance sheet while giving the Company additional resources to execute its transformation into a more sustainable, content-led media and entertainment business.

The P6-billion capital raising is intended to strengthen ABS-CBN’s balance sheet while giving the Company additional resources to execute its transformation into a more sustainable, content-led media and entertainment business.

ABS-CBN Corporation to raise P6 billion in new equity

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ABS-CBN Corporation to raise P6 billion in new equity

ABS-CBN News

Published August 12, 2026 05:45 PM PHT

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