ABS-CBN Corporation’s content production and distribution business grew revenue by 5% to P12.59 billion in 2025, while its recurring net loss narrowed by 11% to P2.54 billion.
Advertising revenue rose by P421 million, helped by election spending and prime time hits like “Batang Quiapo,” “Incognito,” “Saving Grace” and “TV Patrol.” Consumer revenue grew 4% to P5.46 billion from P5.24 billion, with film, music and live events all helping.
BINI’s world tour, which started with a sold-out show at the Philippine Arena, ran through 14 cities including Dubai, London, Vancouver, Toronto and 10 US cities.
Costs came down even as the company staged more concerts and events. Operating expenses in the segment fell 9%, or P1.43 billion, with general and administrative expenses and employee costs cut by a combined P653 million.
On a recurring basis, the segment’s net loss of P2.54 billion was P318 million lower than in 2024. Including one-time items—a net nonrecurring loss of P1.40 billion in 2025 stemming from the sale of property—the reported net loss was P3.94 billion.
Star Cinema had the three highest-grossing Filipino films of the year: “Call Me Mother” with P389 million in worldwide gross, “Meet, Greet and Bye” at P305 million and “My Love Will Make You Disappear” at P174 million. “Sosyal Climbers,” the studio’s first Netflix original, topped the Netflix Philippines chart and spent two weeks in Netflix’s global top 10 for non-English films.
The digital business was the segment’s strongest performer. Direct-to-consumer revenue hit an all-time high of P1.03 billion. Direct ad sales reached a record P842 million, up 23% from P685 million in 2024.
The ABS-CBN Entertainment YouTube channel posted 12 billion views and remained the top entertainment channel in the Philippines and Southeast Asia.
iWant was relaunched in July under the “Home of Filipino Feels” banner with new originals “MMK,” “Ghosting” and “Love at First Spike” growing local subscribers by 19% from a year earlier and winning best online advertising campaign at the Global Entertainment Awards.
Facebook revenue came in at P213 million.
On the news side, “Halalan 2025” was among the year’s most-watched election specials. “TV Patrol” kept its prime time following, and YouTube and iWant originals like “SOCO” drew strong audiences.
ABS-CBN Global staged 29 international events in 2025.
The biggest were the “ASAP Natin ‘To” 30th anniversary shows in Birmingham, England, and Vancouver, Canada.
The back-to-back Vancouver shows drew over 13,000 fans for a record-high turnout.
New shows in Melbourne, Stuttgart, Paris, Taiwan and Vallejo brought in over 50,000 first-time attendees.
TFC viewership among Filipino seafarers and Middle East multi-unit dwellings rose about 7% to 131,000 from 122,000.
At the group level, ABS-CBN’s recurring consolidated net loss improved by P588 million, or 13%, from a year earlier.
Including one-time items, the reported net loss narrowed by 23% to P4.72 billion from P6.09 billion. Consolidated revenue was down 9% to P15.85 billion as a 39% drop in cable TV and broadband revenue to P3.27 billion offset the gains in content.
Across the group, cost cuts brought consolidated operating expenses down 18%, or P4.50 billion, to P20.48 billion.
The cable TV and broadband business also improved on a recurring basis.
Net loss narrowed by 17%, or P270 million, to P1.34 billion. Including one-time items, the reported net loss fell 82% to P776 million, helped by P3.04 billion in cost reductions.
Story By (Kane Choa)