Returning shows seen to lift ABS-CBN revenue
Media giant ABS-CBN Corp. is putting out more content with public recall, including the return of “Gandang Gabi Vice” (GGV), to improve revenue, pressured by the task of becoming profitable again.
ABS-CBN Corporation, the prominent media group in the Philippines, is reviving popular shows and streamlining its operations to boost revenue and reduce debt, according to a report from Manila. The company's chief operating officer, Cory Vidanes, announced on the annual stockholders' meeting that the beloved talk show "Gandang Gabi Vice" will return to free TV in September.
The show, hosted by Vice Ganda, had previously been cancelled before ABS-CBN went off air due to Congress denying their franchise renewal request. GGV had previously been a ratings powerhouse for ABS-CBN, consistently leading rival shows. Additionally, ABS-CBN is co-developing a new edition of "Pinoy Big Brother" with GMA Network Inc., which will move to a more cost-efficient location after its original site in the ABS-CBN compound was sold off for property development.
ABS-CBN is also completing the sale of most of its properties in Quezon City, with the transfer expected in mid-2027. In 2025, a significant portion of the property was sold to Ayala Land Inc. for P6.24 billion. This sale, paired with a reduction in operational expenses, has led to significant debt reduction for ABS-CBN. The company's recurring net loss dropped from P8.3 billion in 2020 to P2.5 billion in 2025, and outstanding debts, excluding Sky Cable Corp., have decreased by 59% to P8.5 billion.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
