TV5 Network

ABC Development Corporation, also known as Associated Broadcasting Company is a Philippine-based media conglomerate. The company was formed by broadcast veteran Edward Tan in 1992 as a revival of the company Associated Broadcasting Corporation originally founded by Joaquin "Chino" Roces on June 19, 1960. It is currently owned by MediaQuest Holdings, Inc., a wholly owned subsidiary of the Philippine Long Distance Telephone Company headed by business tycoon Manuel V. Pangilinan.

Today the company has expanded to be the largest media empire in the Philippines with reaches still unmatched up to this day. Among its assets are the broadcast television networks TV5, AksyonTV and AKTV, TV5 owns two-thirds of the country's largest cable company Cignal Digital TV and radio networks Radyo5 92.3 News FM and 106.7 Energy FM in Mega Manila, as well as cable channels 5 Max Movie Channel, TeleSingko, AniMega, Kids5 and Energy TV, and satellite channels Colours, Hyper and Weather Information Network and international channels Kapatid TV5 and AksyonTV International. TV5 also owns and operates a film studio, Studio5, a music recording studio, TV5 Records, a publishing firm, TV5 Magazines and the direct-to-home cable service like TV5 pay per view.

Origin
Joaquin "Chino" Roces, 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 Company and the channel "ABC 5" 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 President Ferdinand E. Marcos declared Martial Law. Both ABC and the Manila Times were forcibly shut down as a result.

Revival
After the People Power Revolution in 1986, Chino Roces made a successful appeal to President Corazon Cojuangco-Aquino for the restoration of the network.

New stockholders led by broadcast veteran Edward Tan and Chino Roces's son Edgardo then began the arduous task of resuming broadcasts. The Securities and Exchange Commission granted their application for an increase in capitalization and amendments to ABC’s articles of incorporation and by-laws. They were subsequently granted a permit to operate by the National Telecommunications Commission (NTC).

ABC inaugurated its new studio complex and transmitter tower in San Bartolome, Novaliches, Quezon City in 1990, and began test broadcasts by the end of 1991; officially returning on air as the ABC-5 on February 21, 1992, with ABC Development Corporation as the new corporate name (Associated Broadcasting Company remains the legal name of the company). Its radio counterpart, Kool 106.7 was launched at the same time. Later, it acquired a new franchise to operate on December 9, 1994, under Republic Act 7831 signed by President Fidel V. Ramos.

In 1999, ABC was awarded the channel 47 frequency in Metro Manila, the last remaining UHF frequency in the market, with a powerful transmitting capacity, christening it DWDZ-TV. However, has been inactive since 2003.

Cojuangco era
In October 2003, ABC was acquired by a group led by businessman Antonio "Tonyboy" Cojuangco, Jr. served as Chairman of the Philippine Long Distance Telephone Company (PLDT) from 1998-2004 and owner of Dream Satellite Broadcasting and Bank of Commerce, among other assets.

Its biggest achivement was when its flagship channel, ABC, won as the "Outstanding TV Station" award at the 2005 KBP Golden Dove Awards, with several other programs on the network also earning awards in their respective categories.

In early 2007, ABC suffered a setback when it implemented a series of budget cuts, primarily directed towards its news department, which laid off most of its employees.

On 2008, ABC-5 was rebranded as TV5 as it enters a partnership with MPB Primedia Inc., a local company backed by Media Prima Berhad of Malaysia as part of a long-term strategy to make the station more competitive. This caused the revitalization of its ratings from 1.9% in July 2008 (prior to the re-branding) to 11.1% in September 2009.

Acquisition by PLDT
On October 20, 2009, Media Prima announced that it would be divesting its 70% share in TV5 and selling it to the Philippine Long Distance Telephone Company's broadcasting division, MediaQuest Holdings, Inc. to recover its assets from the Global Financial Crisis. It is formally acquired on March 2, 2010 and it is announced by PLDT chairman Manuel V. Pangilinan. TV5 was reformatted on April 4, 2010 with a new lineup of programming and branding as the "Kapatid" ("sibling") network. Dream FM was retained under Cojuangco management with TV5 as licensee until June 2011.

On October 1, 2010, TV5 took over the management of MediaQuest's Nation Broadcasting Corporation stations; DWFM was re-launched as a TV5-branded news radio station on November 8, 2010, Radyo5 92.3 NewsFM, and DWNB-TV was re-launched as AksyonTV on February 21, 2011, a news channel based off TV5's newscast Aksyon.

By 2012, the network will complete the construction of its new headquarters, the 6,000-sqm TV5 Media Center located in Mandaluyong.

In June 2011, Sports5 began a deal with the Intercontinental Broadcasting Corporation to produce sports programming for the network under the brand AKTV.

Through co-owned Pilipinas Global Network Ltd., international channels Kapatid TV5 and AksyonTV International were launched in April 2011. The channels were available in Europe, Middle East, North Africa, Guam, and the United States.

On October 3, 2011, TV5 employed a technology from Orad Hi Tech Systems Ltd. that utilizes the principle of augmented reality. The technology uses real-time image processing technology for live broadcasts of computer-generated imagery against a real set or background. TV5 also tapped the biggest touch screen display in the history of Philippine television as well as a WAR (Wireless Audience Response) room that is specially created for the coverage.

In December 1, 2011, TV5 Interactive was relaunched to produce interactive games are Dance Dance Revolution franchise was released with Dance Dance Revolution Philippines, with Viva Interacitve.

TV5, the Kapaid Network celebrated the release of the new channel in February 14, 2012 on the NBC Tent, Bonifacio Global City Open Field, Taguig City with the event entitled, "Kapatid World". The event included mascots of notable TV5 mascots, Disney and Nickelodeon characters with storytelling, an animals show, martial arts performances and a world of exciting attractions, booths and modules for kids. On 15 February 2012, News5 begun using the patented 3D:LIVE™ for weather forecasting in TV5 and AksyonTV, the technology is the most advanced weather forecasting system in the world provided by Weather Central, LP based in Madison, Wisconsin USA. Hence, the new division of News5 for weather forecasting called Aksyon Weather Central is launched.

In February 20, 2012, the Kapatid Network will launched with a dedicated TV5 is No.1 TV Network, although it will add the Kapatid branding used in the countries. The same day, the lineup was changed prior to TV5 is No.1. The new schedule will put the new variety shows such as Game N Go on noontime and Wil Time Bigtime on primetime slot and will add the News5 newscast from Balitaang Tapat at 11:30am, Aksyon at 6:30pm and Pilipinas News at 11:00pm. The same day, the new red logo is used across TV5, along with the rebranded AksyonTV, AKTV, Kids5, AniMega, Kapatid TV5 and AksyonTV International channels in varying versions customized for TV5 paints the town red and brand unification and refreshment purposes while creative director/designer Eman Paelmo rebranded TV5, creating the new identity, red logos with circle for white and number 5 for red and the look and feel. In addition to creating the new TV5 corporate logo, he created a whole new logo system to represent the company’s entire family of sub-brands (including the networks AksyonTV, AKTV, Kids, AniMega, Kapatid TV5 and AksyonTV International) and uses new graphics used in the Philippines, it applies to selected programs' promos and station IDs.

Through affiliate Cignal, the network launched its own satellite television networks: lifestyle channel Colours, sports channel Hyper, and Weather Information Network. The channels were launched on April 14, 2012.

TV5
TV5 is a major Philippine commercial television network and the conglomerate's flagship channel. Originally launched on June 19, 1960 as ABC-5 and August 9, 2008 as TV5, it is branded as the Kapatid Network.

AksyonTV
AksyonTV(English: Action TV) is a 24/7 non-stop news channel in the Philippines launched on February 21, 2011. It carries newscast, news analysis, news talk radio, documentary talk shows, foreign movies, TV series, foreign cartoons and sports news with special focus on Philippine current affairs produced by News5.

5 Max Movie Channel
5 Max Movie Channel is a 24/7 cable movie channel in the Philippines launched on January 3, 2011 with the same competetition of Cinema One.

Kids5
Kids5 is a 24-hour kids channel in the Philippines launched on January 3, 2011. The caretoons mixes Cartoon Network, Nickelodeon, Disney, Hanna-Barbera, Rankin-Bass, Nelvana and PBS Kids. All shows dubbed in Tagalog. Kids5 is same name of TV5 Kids.

TeleSingko
TeleSingko (TeleRadyo is a portmonteau of telebisyon and singko, Filipino words meaning television and five, respectively) is the cable TV channel broadcast a simulcast of Radyo5 92.3 News FM, as well as a live video feed of the radio booth itself and owned by TV5 under News5 brand.

AniMega
AniMega is a 24-hour anime channel in the Philippines launched on January 3, 2011. Its programming is composed primarily of Tagalog-dubbed anime aimed to young audiences.

AKTV
AKTV is a 24/7 sports and lifestyle channel in the Philippines produced by Sports5 launched on June 5, 2011. Its programs were also aired on Hyper.

Colours
Colours is the Philippine magazine satellite television channel initially broadcasts on Cignal Digital TV, an affiliate of TV5.

Hyper
Hyper is a Philippine sports satellite television channel with programs produced by Sports5. The channel initially broadcasts on Cignal Digital TV, an affiliate of TV5. Some of its programs came from AKTV.

Weather Information Network
Weather Information Network is a Philippine weather and public information satellite television channel initially broadcasts on Cignal Digital TV, an affiliate of TV5. It is formed with the partnership with New Zealand-based Metra Weather which also creates Aksyon Weather Center.

Kapatid TV5
Kapatid TV5 is the international TV channel of TV5 and it is currently available in Europe, Middle East, North Africa, Guam, and the United States on Dish Network. It is distributed by Pilipinas Global Network, Ltd., a company owned by PLDT and ABC Development Corp. based in the British Virgin Islands.

AksyonTV International
AksyonTV International is the international TV channel of AksyonTV. It airs programs from the station and from AKTV. It is currently available in Europe, Middle East, North Africa, Guam, and the United States on Dish Network. It is distributed by Pilipinas Global Network, Ltd., a company owned by PLDT and ABC Development Corp. based in the British Virgin Islands.

Radyo5
Radyo5 92.3 News FM is the all news and talk FM radio brand of TV5 and co-owned by Nation Broadcasting Corporation launched on November 8, 2010. Some Radyo5 programs were simulcasted to TeleSingko, AksyonTV and Radyo5 regional stations.

Energy FM
106.7 Energy FM is the flagship FM radio station of TV5 and co-owned by Ultrasonic Broadcasting System launched on July 1, 2011. This mainstream pop format plays not only love songs, but also dance and rock hits.

Subsidiaries

 * Aksyon Weather Central
 * Aksyon TV International
 * Alagang Kapatid Foundation, Inc.
 * Cignal Digital TV
 * CineMabuhay
 * MEGA Publishing Group
 * News5
 * PLDT-Smart Foundation
 * Radyo5
 * Rescue 5
 * Sports5
 * Studio 5
 * Talent 5
 * TV5 Creative and Entertainment Production
 * TV5 Global Ltd.
 * TV5 Home VIdeo
 * TV5 Interactive
 * TV5 International
 * TV5 Kapatid Foundation, Inc.
 * TV5 Magazines
 * TV5 Records
 * TV5 Regional
 * Video5
 * Pilipinas Global Network Ltd.

Affiliates and productions

 * MPB Primedia, Inc.
 * Unitel Pictures
 * Pixelgrain, Inc.
 * Blue Screen Entertainment
 * Red Communications
 * Jojoatv Entertainment
 * Jesuit Communications Foundation
 * Bigtop Media Productions, Inc.
 * Double Vision
 * M-Zet TV Production
 * Wil Productions, Inc.
 * Nation Broadcasting Corporation
 * PBN Bicol
 * Philippine Children's Television Foundation
 * Mega Productions, Inc.
 * Regal Multimedia Production, Inc.
 * Viva Television
 * Fox Filipino Channel