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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