Associated Broadcasting Company

Associated Broadcasting Company

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Associated Broadcasting Company

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Description:
The Associated Broadcasting Company, Inc. (TV5) is a television network in the Philippines, with main broadcast facilities and transmitter located at 762 Quirino Highway, San Bartolome, Novaliches, Quezon City. The network was previously known as the (ABC-5), Associated Broadcasting Company remains the legal name of the network. It is the third-oldest television network in the country and owned by MediaQuest Holdings, Inc., which is a fully owned subsidiary of Philippine Long Distance Telephone Company headed by businessman Manuel V. Pangilinan.

Its main TV stations DWET-TV, DWNB-TV (AksyonTV) and DWDZ-TV (digital) in Metro Manila. TV5 also operate a radio station, Radyo5 92.3 News FM in Metro Manila.

History

Pre-Martial Law and EDSA Revolution

Joaquin "Chino" Roces, then owner of the Manila Times was granted of a radio-TV franchise from Congress under Republic Act 2945 on June 19, 1960. He then founded the Associated Broadcasting Corporation with its first studios along Roxas Boulevard, becoming the fourth television network established in the country. ABC operated radio and television services from 1960 until September 21, 1972 when then President Ferdinand E. Marcos declared Martial Law. Both ABC and the Manila Times were forcibly shut down as a result.

After the People Power Revolution in 1986, Chino Roces made a successful representation with then President Corazon Cojuangco-Aquino for the restoration of the network.

New stockholders led by broadcast veteran...
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