ABS-CBN Corporation's Content Production and Distribution business reported a 5% revenue increase to ₱12.59 billion in 2025, while its recurring net loss narrowed by 11% to ₱2.54 billion, according to the company's latest financial disclosure.
Advertising and Consumer Revenue Growth
Advertising revenue rose by ₱421 million, fueled by election-related spending and strong performances from primetime programs such as Batang Quiapo, Incognito, Saving Grace, and TV Patrol. Consumer revenue grew 4% to ₱5.46 billion from ₱5.24 billion, driven by film, music, and live events. Notably, BINI's World Tour kicked off with a sold-out show at the Philippine Arena and spanned 14 cities, including Dubai, London, Vancouver, Toronto, and ten US cities.
Cost Reductions and Net Loss Improvement
Operating expenses in the segment fell 9%, or ₱1.43 billion, with general and administrative expenses and employee costs cut by a combined ₱653 million. On a recurring basis, the segment's net loss of ₱2.54 billion was ₱318 million lower than in 2024. Including one-time items—a net non-recurring loss of ₱1.40 billion from property sales—the reported net loss stood at ₱3.94 billion.
Star Cinema and Digital Success
Star Cinema produced the three highest-grossing Filipino films of the year. Call Me Mother led with ₱389 million in worldwide gross, followed by Meet, Greet and Bye at ₱305 million and My Love Will Make You Disappear at ₱174 million. Sosyal Climbers, the studio's first Netflix original, topped Netflix Philippines and spent two weeks in Netflix's global top 10 for non-English films.
The digital business emerged as the segment's strongest performer. Direct-to-consumer revenue hit an all-time high of ₱1.03 billion. Direct ad sales reached a record ₱842 million, up 23% from ₱685 million in 2024. The ABS-CBN Entertainment YouTube channel posted 12 billion views, remaining the top entertainment channel in the Philippines and Southeast Asia. iWant was relaunched in July under the Home of Filipino Feels banner with new originals MMK, Ghosting, and Love at First Spike, growing local subscribers by 19% year-on-year and winning Best Online Advertising Campaign at the Global Entertainment Awards. Facebook revenue reached ₱213 million.
News and International Events
Halalan 2025 was among the year's most-watched election specials. TV Patrol maintained its primetime following, and YouTube and iWant originals like SOCO drew strong audiences. ABS-CBN Global staged 29 international events in 2025, with the ASAP Natin 'To 30th anniversary shows in Birmingham, England and Vancouver, Canada drawing over 13,000 fans each. New shows in Melbourne, Stuttgart, Paris, Taiwan, and Vallejo attracted over 50,000 first-time attendees. TFC viewership among Filipino seafarers and Middle East multi-unit dwellings rose about 7% to 131,000 from 122,000.
Group-Level Financials
At the group level, ABS-CBN's recurring consolidated net loss improved by ₱588 million, or 13%, year-on-year. Including one-time items, the reported net loss narrowed by 23% to ₱4.72 billion from ₱6.09 billion. Consolidated revenue fell 9% to ₱15.85 billion, as a 39% drop in Cable TV and Broadband revenue to ₱3.27 billion offset gains in Content. Across the group, cost cuts brought consolidated operating expenses down 18%, or ₱4.50 billion, to ₱20.48 billion. The Cable TV and Broadband business also improved on a recurring basis, with net loss narrowing by 17% to ₱1.34 billion. Including one-time items, the reported net loss fell 82% to ₱776 million, helped by ₱3.04 billion in cost reductions.
