IBC 13

IBC-13 is one of the three channels owned by the Philippine government. IBC stands for Intercontinental Broadcasting Corporation. It airs on free TV channel 13 in very high frequency (VHF). It is a government-owned-and-controlled corporation currently undergoing privatization.

The channel currently airs an interesting mix of programs such as home shopping, cockfighting show, and religious programs.  The station has a 0.15 percent audience share based on Nielsen’s National Urban TV Audience Measurement from Jan. to June 2016.

Various religious denominations air their programs on IBC. These are the Pentecostal Missionary Church of Christ (4th Watch), the Catholic church’s Kerygma TV and El Shaddai, a Catholic charismatic group led by the influential Mariano “Mike” Velarde.

IBC-13 started in 1960 as Inter-Island Broadcasting Corporation owned by then owner of San Miguel Corporation Andres Soriano Sr.. Former president Ferdinand E. Marcos’ known crony, Roberto Benedicto, later on acquired the station.

After the 1986 People Power Revolution, the Philippine government through the Presidential Commission on Good Government (PCGG), sequestered the station as part of the recovery of the Marcoses’ ill-gotten wealth.

Though the Philippine government still owns IBC, the channel is run more like a private corporation; it doesn’t get financial support from the government and relies on revenue for its operations.

In 2010, the network entered into a P780 million joint venture agreement with Prime Realty, associated with the R-II Builders Group of Reghis Romero Jr. for the development of Broadcast City, the complex where RPN and IBC are located in Quezon City, into a real estate project.

A number of senators have questioned the deal for being disadvantageous to the government.

The channel’s privatization will be done through public bidding.  The estimated floor price for bids is P1.977 billion.

The Duterte administration in a recent statement said that they are planning to sell the station for P10 billion.

Key facts

Audience Share

0.15

Ownership Type

public

Geographic Coverage

National

Content Type

Free-to-air (VHF)

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups

Presidential Communications Operations Office (PCOO)

Ownership

Ownership Structure

IBC-13 is owned by the Intercontinental Broadcasting Corporation under the supervision of the President Communications Operations Office (PCOO).

Group / Individual Owner

Jose B. Avellana, Jr.

Jose B. Avellana, Jr. is a lawyer and has been the Honorary Consul of the Consulate of the Republic of Mali in the Philippines since September 2003. He is a director and treasurer of the Intercontinental Broadcasting Corporation.

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Media Companies / Groups
Facts

General Information

Founding Year

1960

Founder

Andres Soriano, Sr.

Affiliated Interests Founder

Andres Soriano, Sr. was an aide to Gen. Douglas MacArthur in World War II and the previous owner of San Miguel Corporation, one of the Philippines' biggest companies in the food, beverage, and packaging business.

Ceo

Manolito O. Cruz

Affiliated Interests Ceo

President and CEO

Editor-In-Chief

Missing Data

Other Important People

Jose B. Avellana, Jr.

Affiliated Interests other important people

Chairman

Contact

Broadcast City, Capitol Hills, Diliman, Quezon City Telephone Number: +632-433-5538 loc. 201 No website

Financial Information

Revenue (in Mill. $)

6 Bil P (capital stock)

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