Content Production and Distribution segment posted a modest rebound in 2025, lifting ABS-CBN Corp. revenue and narrowing its net loss as the once dominant Philippine media and entertainment network recovers from the loss of its broadcast franchise in 2020.
ABS-CBN revenue from content production and distribution rose 5 percent to P12.59 billion, even as the business continued to operate in a challenging media environment. Recurring net loss narrowed by 11 percent to P2.54 billion, signaling gradual efficiency gains across advertising, production, and digital platforms.
Advertising revenue increased by P421 million, supported by election-related spending and strong audience performance from primetime titles such as Batang Quiapo, Incognito, Saving Grace, and TV Patrol. Consumer revenue also grew 4 percent to P5.46 billion, driven by film, music, and live events.
A standout contributor was BINI’s world tour, which began with a sold-out Philippine Arena concert and expanded to 14 cities including Dubai, London, Vancouver, Toronto, and multiple US stops. The group’s international run highlighted ABS-CBN’s continued export strength in live entertainment.
Cost discipline helped cushion losses. Operating expenses in the segment declined 9 percent to P1.43 billion, with lower general and administrative costs and reduced employee expenses accounting for P653 million in savings. On a recurring basis, net loss improved by P318 million year-on-year. However, reported net loss widened to P3.94 billion after a P1.40 billion non-recurring loss linked to a property sale.
Star Cinema delivered the year’s top three Filipino box office films, led by Call Me Mother with P389 million in global earnings. Meet, Greet and Bye followed with P305 million, while My Love Will Make You Disappear earned P174 million. Sosyal Climbers, its first Netflix original, topped Netflix Philippines and entered the global top 10 for non-English films.
Digital remained the growth engine. Direct-to-consumer revenue hit a record P1.03 billion, while direct ad sales rose 23 percent to P842 million. The ABS-CBN Entertainment YouTube channel reached 12 billion views and stayed dominant in Southeast Asia. iWantTFC, relaunched in July, grew subscribers 19 percent.
At the group level, recurring net loss improved 13 percent to P4.72 billion, even as consolidated revenue fell 9 percent due to a steep decline in cable and broadband income. Cost cuts reduced operating expenses by 18 percent.
The results point to a business leaning more heavily on digital and content exports, even as legacy segments continue to weigh on overall profitability.
