Friday 16 March 2018

ABS-CBN Nets P2.4 Billion for 2011


ABS-CBN generated consolidated revenues of P28.2 billion from advertising and marketing and customer income, a thirteen% decline in comparison to 2010.
Less the revenues from political advocacies and advertisements in 2010, consolidated sales for 2011 declined by 4% yr-on-yr.

ABS-CBN’s advertising sales reached P17.6 billion, a decline of nineteen% from a yr ago. Minus the sales from political advocacies and commercials in 2010, advertising and marketing sales declined by way of 6% 12 months-on-year.
This lower is on account of a slowdown in marketing spending by using corporates.

Consumer income for 2011 amounted to P10.6 billion, posting a 1% growth from a 12 months in the past. Sky Cable continues to contribute undoubtedly with sales increasing by 10% to P4.3 billion. This is in the main pushed by the elevated take up of its broadband provider subscriptions which improved through 18% year-on-12 months. However, ABS-CBN Global sales declined with the aid of eight% 12 months on 12 months in peso phrases because of the decline in subscribers and the appreciation of the Philippine peso towards the United States dollar. ABS-CBN Global’s general viewer count number changed into nearly flat as compared to the previous year. There was subscriber boom in Canada, Asia-Pacific and Australia, while there had been declines inside the Middle East, Europe, North America and Japan.

Total working and other charges dropped via P1.1 billion or five% yr-on-year to P22.3 billion. This turned into partly a result of lower value of income and services and widespread and administrative costs (GAEX) as the agency continued its attempt to manage and control expenses. The decline in each cost debts partly offset the increase in total manufacturing fees because of the Company’s force to produce exceptional and progressive programs.
Net profits resulting from shareholders is at P2.4 billion, aided via a advantage on sale of Sky Cable Philippine Depositary Receipts (PDRs) to the Singaporean agency, STT Communications Ltd. Meanwhile, profits before interest, taxes, depreciation and amortization (EBITDA) hit P6.8 billion.

Capital expenditure and film and program rights acquisition for the year amounted to P4.2 billion, 14% better than the level of spending from the previous yr. Additional gadget became purchased to boom the agency’s capacity to provide extra new programs.

ABS-CBN maintained its countrywide audience percentage and scores leadership with prime-time target audience percentage averaging forty three% , with a thirteen percent point lead over GMA’s, primarily based on the Kantar National TV Ratings discern.

For the whole yr 2011, twenty one of the organisation’s shows had been in the Top 20, with the following occupying the Top 18 slots: Emil Cruz Jr.’s Mara Clara, one hundred Days to Heaven, PabloS. Gomez’s Mutya, Minsan Lang Kita Iibigin, Ikaw ay Pag-ibig, Budoy, Maalaala Mo Kaya…, Noah, Pilipinas Got Talent (Sun), TV Patrol, Guns and Roses, Pilipinas Got Talent (Sat), My Binondo Girl, Imortal, Rated K Handa Na Ba Kayo?,Junior Master Chef Pinoy Edition (Sat), Wansapanataym, Nasaan Ka Elisa?, and Maria La Del Barrio

ABS-CBN Film Productions, Inc. Launched sixteen films in 2011. Five of them–Ang Tanging Ina Mo Last Na To, Dalaw, Catch Me I’m in Love, In The Name of Love, No Other Woman and Praybeyt Benjamin–crowned P100 million in container workplace receipts, earning blockbuster reputation by means of nearby standards. No Other Woman, a co-manufacturing with Viva Films, grossed P282 million, even as Praybeyt Benjamin, additionally a co-production with Viva, grossed P342 million.

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