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• Comment: Not quite yet! Sources 3-6 does not discusses about the subject but rather about the tie-in. Toadette ^{( Let's talk together!)} 07:45, 3 April 2024 (UTC)

Media Serbisyo Production Corporation is a Philippine production company owned by Prime Media Holdings, Inc. and ABS-CBN Corporation under a joint venture agreement. ^{[1] [2]}

History

On May 23, 2023, ABS-CBN Corporation announced that the company will enter into a joint venture agreement with Prime Media Holdings, owned by House Speaker Representative Martin Romualdez. ^[3] The new venture company will produce and supply various programs including news content to broadcasters and third-party entities, including Philippine Collective Media Corporation (PCMC). Along with it are plans to operate a radio station on ABS-CBN's former frequency 630 kHz (previously known as DZMM), and managing the Filipino-language cable news channel TeleRadyo (which was originally intended to cease its broadcast on June 30, but was abruptly cancelled and reduced to closing out most of its old concurrent programs instead). On June 26, 2023, 630 kHz conducted a test broadcast under the DWPM callsign. The station and its TV counterpart had its soft launch on June 30 as Radyo 630 and TeleRadyo Serbisyo and officially launched on July 17. ^{[4] [5]}

Ownership

Prime Media Holdings, Inc. acquires the company as the majority stakeholder, while ABS-CBN acquires as the minority stakeholder. ^[6]

• Prime Media Holdings, Inc. - (51%)
• ABS-CBN Corporation - (49%)

References