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Valenzuela Disiplina Village / PIO Valenzuela

750 Valenzuela residents given housing 

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Some 750 families residing in Valenzuela City’s danger zones are set to move in the "Disiplina Village Lingunan," a government housing project for informal settler families (ISFs), according to a report by Philippine News Agency. The...

JTF-NCR chief Brig. Gen. Alex DC Luna / Photos by SN1 Donald Viluan PN/PAOAFP

AFP names new intelligence chief 

account_balanceMetro Manila access_time4 days ago

Brigadier General Alex DC Luna was named the new Deputy Chief of Staff for Intelligence, J2 in a Change of Chief of Office Ceremony presided by The Deputy Chief of Staff, AFP Rear Admiral Erick A Kagaoan on October 16 at the GHQ Building, here. The ...

Indonesia edges PH in virus cases

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Coronavirus cases in the Philippines climbed by 2,261 on October 15, with the tally hitting 348,698, the Department of Health reported. Of the total count, 48,040 or around 14 percent are active cases or currently ill patients, the DOH said. Metro ...

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ABS-CBN shows to air on Zoe TV

account_balanceMetro News account_circleAmihan Reyes chat_bubble_outline0 Comments

ABS-CBN announced Tuesday its broadcast deal with Zoe Broadcasting Network, a free-to-air channel owned by the family of religious leader and Congressman Eddie Villanueva, according to a report by CNN Philippines.

Zoe TV was recently included on the lineup of channels offered by Lopez-owned SkyCable, as well as by the MVP Group's Cignal service. With the partnership, the channel has been renamed as A2Z. It may be viewed using TV sets in Metro Manila and nearby provinces.

"ABS-CBN and Zoe are committed to work together to provide entertainment, public service programs, and educational content to the public," the Lopez-owned network said in a disclosure on Tuesday. 

ABS-CBN shares saw a surprise lift this week – its first recovery in months since its franchise bid was denied by Congress – amid rumors of a deal that will bring back its shows on free TV.

ABS-CBN Corporation as well as ABS-CBN Holdings saw stock prices jump by 50 percent on Monday, riding on reports that some programs of the Lopez-owned network will find their way back to TV broadcasts five months after the network's shutdown.

The Kapamilya shares spiked to P10.58 apiece after Monday trading from a P7.06 rate last Friday, its best showing since July 10 – the last trading day before the House of Representatives denied the media giant a fresh franchise. The spike was partly tempered by the end of Tuesday trading, although still better than last week's average to close at P9 apiece.

Zoe TV was recently included on the lineup of channels offered by Lopez-owned SkyCable, as well as by the MVP Group's Cignal service.

ABS-CBN has been in tumult since it stopped its TV and radio broadcasts on May 5 upon the order of the National Telecommunications Commission, which came a day after its 25-year franchise expired.

The country's biggest media entity resorted to layoffs for senior officials and thousands of workers. Long-time chairman emeritus Eugenio "Gabby" Lopez III also resigned from the ABS-CBN board of directors and from the family's other businesses, citing personal reasons.

ABS-CBN shares hit a peak of P23.50 each and a low of P6.77 so far this year. The stock price was above P60 five years ago, well before President Rodrigo Duterte unleashed public rants against the network.

Currently, ABS-CBN airs its programs on digital, cable and satellite TV and via online livestreams like YouTube and Facebook to sustain content and allow audience to view their shows.


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Valenzuela Disiplina Village / PIO Valenzuela

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