Superstar station buys terrestrial TV channel

April 14, 2014

MANILA — IBC-13 owner and chairman Eric Canoy has became from the sequestered media network into the giant network company, for about P83 million in chasing of privatiation efforts of PCGG.

The number 3 TV station as the chairman Canoy, the president and CEO Boots Anson-Roa and executive vice-president (EVP) Lito Ocampo Cruz goint to get Dream Broadcasting, the country’s first digital direct-to-home TV company; the buy-in is a strategic move to push Dream and to make IBC-13, a third major player in the network war also dominated by ABS-CBN, which owned by the Lopez family, and GMA Network, which is also owned by the Gozun, Duavit and Jimenez families.

The Kapinoy network is expected to expand more market share of massive and younger audience success as the nation's number 3 network. ABS-CBN and GMA focus on those income markets, which lap up the soap operas and fantasy series, local comedies, variety shows, drama anthologies, talk shows, telenovelas and Asian dramas from Korea and Taiwan. Th yonger and massive auds have the dominaton for free TV.

IBC-13 may in aggressive mass audience a growing base of localized shows with primetme series, including hits like Janella in Wonderland, Your Heart, My Love, Crazy Little Thing Called Love, Sir Chief Loves Maya, Iskul Bukol Men, Happy TODAS, Sandy's Romance, Who Wants To Be A Millionaire?, Once Upon a Time, DMZ-TV, Born to be a Superstar, Sic O'Clock News Naman, The Million Second Quiz, Last Fool Show, K-Pop Star Hunt and Abra Gayuma, as well as its sports programming home to the professional basketball league like PBA and NBA. IBC has 30 stations and 100 cable TV affiliates.