MANILA, Philippines – ABS-CBN Corp. reported a significant reduction in its net losses for 2025, driven by a surge in digital revenue and strategic cost-cutting measures, even as its traditional cable and broadband businesses continued to struggle.
In a recent financial disclosure, the media conglomerate announced that its net loss, after accounting for one-time items, fell by 23% to P4.72 billion, down from P6.09 billion the previous year. On a recurring basis, the consolidated net loss also decreased by 13%, or P588 million.
"ABS-CBN’s consolidated revenue, however, declined 9 percent to P15.85 billion, weighed down primarily by a 39-percent drop in cable TV and broadband revenues to P3.27 billion."
The company attributed the improved performance to stronger revenues from its content production and distribution segment, which grew by 5% to P12.59 billion, and a notable 4% increase in consumer revenues, bolstered by successful films, music releases, and live events such as BINI’s multi-city world tour.
Digital operations emerged as a key growth driver, with direct-to-consumer revenues reaching a record P1.03 billion and direct advertising sales climbing 23% to P842 million. Meanwhile, operating expenses across the group were reduced by 18%, or P4.5 billion, as part of ongoing efforts to streamline costs while expanding content and event offerings.