ABS‑CBN Corp. has reported a wider net loss of ₱2.95 billion for the first nine months of 2026, compared with the ₱2.24‑billion net loss recorded in the same period in 2025, hit by falling cable‑and‑broadband income as well as weaker advertising demand. The Lopez‑led media firm’s consolidated revenues reached ₱10.51 billion over the nine‑month window, an 11 percent drop from last year’s ₱11.75 billion total revenue.
Driving most of the company’s earnings is the Content Production and Distribution segment, which brought in ₱8.96 billion during the period. Adjusting for election‑related advertising revenue counted in the previous year, the segment’s revenues rose by 6 percent, supported by content licensing, syndication, co‑productions and other consumer‑focused income streams. Even with that revenue growth, the segment’s net loss expanded to ₱2.03 billion from ₱1.66 billion year‑on‑year, though recurring net loss improved by 8 percent once political advertising and one‑time items were stripped out.
The Cable TV and Broadband segment meanwhile saw revenues fall 41 percent to ₱1.55 billion, largely because of shrinking cable television and broadband subscriber numbers. The segment’s net loss also widened to ₱923 million from ₱585 million a year ago. ABS‑CBN attributed the difficult third‑quarter operating landscape to global economic and geopolitical shifts, slower domestic economic growth, and muted consumer and business confidence, which dragged down both advertising and subscription demand across its core business lines.
To shore up its content business, ABS‑CBN kept expanding its entertainment portfolio and international distribution efforts. Star Cinema released Tayo Sa Wakas in May, while Filipino pop group BINI kicked off its world tour in June following its April performance at the Coachella Valley Music and Arts Festival; the tour’s final Asian leg is set for the fourth quarter of 2026. ABS‑CBN Global also held 27 international events, including two sold‑out ASAP XP Australia shows in July, helping boost the media group’s revenue streams.
