Manila Broadcasting Company
Manila Broadcasting Company (MBC) is the owner of DZRH, MBC’s flagship AM radio station. It has one station in Metro Manila and 18 relay stations in the provinces. Moreover, MBC also has three FM stations—Love Radio, Yes FM and Easy Rock—which have 25, 10 and seven stations in the provinces, respectively.
MBC expanded its geographical reach in the provinces through its radio networks, Aksyon Radyo, which has 10 provincial AM stations; and Radyo Natin, the largest network of community radio stations in the Philippines with over 100 small FM stations, including Hot FM.
Currently, the company is under the umbrella organization of Fred J. Elizalde Group of Companies. Elizalde Holdings Corporation, MBC’s parent company, holds 34.66 percent ownership, while 63 percent of the remaining shares are owned by companies within the same Group.
Elizalde Holdings Corporation
Elizalde Holdings Corporation
Elizalde Holdings Corporation has 20 subsidiaries, collectively referred to as the FJE Group of Companies. These are: Cebu Broadcasting Company, Philippine Broadcasting Corporation, Pacific Broadcasting Systems, Inc., Philippine International Corporation, Sunshine Inns, Incorporated, Elizalde Land, Incorporated, San Dimas Realty, Brickman Realty, Northern Capiz-Agro Industrial Development Corporation, Ocean Hatcheries, Incorporated, M. Catigbac Salas, Incorporated, Flumet Corporation, Ride's R' Us, Funtinka Asia, Incorporated, Zillionfun Corporation, Prime Music Corporation, Manila Broadcasting Company, Star Parks Corporation, Thrills, Incorporated, and Rydes and Games, Incorporated.
Elizalde Land, Incorporated
Elizalde Land, Incorporated is a 100 percent-owned subsidiary of Elizalde Holdings Corporation.
Romulo, Mabanta, Buenaventura, Sayoc and Delos Angeles Law Offices
Romulo is a Philippine-based law firm located in Makati City. It holds the trust fund for the Elizalde Children.
Other TV Outlets
RHTV- Dream (Channel 10)
RHTV- Cable link (Channel 9)
RHTV- Cignal TV (Channel 18)
RHTV Cable link Metro Manila (Channel 3)
Other Radio Outlets
AM Stations- Aksyon Radyo
Laoag- DZJC 747
La Union- DZNL 783
Dagupan- DWCM 1161
Catarman- DYSM 972
Catbalogan- DYMS 1044
Bacolod- DYEZ 684
Iloilo- DYOK 720
Cebu- DYRC 648
Tacloban- DYVL 819
Davao- DXGO 855
FM Stations: Radyo Natin
Radyo Natin is a station of the Radyo Natin Network, a network composed of 44 stations in Luzon, 26 in Visayas, and 30 in Mindanao.
FM Stations- Love Radio:
Manila- DZMB-FM 90.7
Baguio- DWMB-FM 95.1
Isabela- DWIP-FM 94.5
Dagupan- DWID-FM 98.3
Laoag- DWIL-FM 90.7
Lucena- DWLW-FM 100.7
Naga- DWYN-FM 99.1
Legaspi- DWCM-FM 99.5
Daet- DWKS-FM 95.3
San Fernando- DWST-FM 101.7
Tarlac- DZLT-FM 97.7
Tuguegarao- DWMN-FM 94.5
Puerto Princesa- DYEZ-FM 98.3
Bacolod- DYKS-FM 91.9
Cebu- DYBU-FM 97.9
Iloilo- DYMB-FM 97.5
Kalibo- DYSM-FM 100.1
Tacloban- DYTM-FM 91.1
Roxas, Capiz- DYML-FM 105.7
Catarman- DYLC-FM 94.1
FM Stations- Yes FM
Manila- DWYS-FM 101.1
Dagupan- DZVM-FM 104.1
Cauayan- DWYE-FM 89.7
Dumaguete- DYYD-FM 106.3
Cebu- DYHR-FM 91.5
Boracay- DYYR-FM 91.1
Cagayan De Oro- DXYR-FM 104.7
Zamboanga- DXHT-FM 102.7
General Santos- DXTS-FM 94.3
Valencia- DXAT-FM 104.1
FM Stations- Easy Rock
Cagayan de Oro- 96.9
Other Online Outlets
Joaquin Miguel Elizalde # Manuel Elizalde
Affiliated Interests Founder
MBC Bldg., V. Sotto St., CCP Complex, Pasay City 1307Telephone Number: +632-555-3422Fax Number: +632-832--6150
Tax/ ID Number
Revenue (Financial Data/ Optional)
23.08 Mil $ / 1.08 Bil P
Operating Profit (in Mill. $)
3.3 Mil $ / 154.64 Mil P
Advertising (in % of total funding)
21.69 Mil $ / 1.02 Bil P
Executive Board + Interests Executive Board
Fred J. Elizalde is the CEO of Manila Broadcasting Company. He is also the Chairman of Elizalde Land, Inc., Star Parks Corporation (Star City), Philippine International Corporation, Elizalde Holdings Corporation, and Sunshine Inns, Inc. He also serves as President of Gatlin Elizalde Corporation.
Ruperto S. Nicdao, Jr. is the President of Manila Broadcasting Company. He is also a member of the Executive Boards of Cebu Broadcasting Company, Elizalde Land, Inc., Sunshine Inns, Inc., Philippine International Corporation, Star Parks Corporation, and Elizalde Holdings Corporation. He is also a stockholder at JM Elizalde Holdings Corporation and TGE Holdings Corporation.
Eduardo G. Cordova, is the SVP-CFO of Manila Broadcasting Company. He is also the Chairman of the Philippine Broadcasting Company, and is a member of the Executive Board of Elizalde Holdings Corporation, Cebu Broadcasting Company, Pacific Broadcasting System, Elizalde Land, Inc., Sunshine Inns, Inc., Star Parks Corporation, and Philippine International Corporation. He also serves as the Treasurer of Gatlin Elizalde Corporation and TGE Holdings Corporation, and a stockholder at JM ELizalde Holdings Corporation.
Julio Manuel P. Macuja is the EVP-Treasury of Manila Broadcasting Company. He is also the Chairman of Philippine Broadcasting Company, and is a member of the Board of Directors of Elizalde Holdings Corporation, Philippine Broadcasting Company, Elizalde Land, Inc., Sunshine Inns, Inc., Star Parks Corporation, and Philippine International Corporation.
Rudolph Steve E. Jularbal is the VP-Legal & Corporate Secretary of Manila Broadcasting Company. He is also one of the Board members of Pacific Broadcasting System, Philippine Broadcasting Company, Elizalde Land, Inc., Sunshine Inns, Inc. Elizalde Holdings Corporation, Star Parks Corporation, and Philippine International Corporation. He also serves as Corporate Secretary of Gatlin Elizalde Corporation and TGE Holdings Corporation.
Juan Manuel Elizalde is the VP-Operations of Manila Broadcasting Company. He is also the Chairman of Cebu Broadcasting Company, and a member of the Executive Board of Philippine Broadcasting Company, Sunshine Inns, Inc., Elizalde Holdings Corporation, Star Parks Corporation, and Philippine International Corporation.
Thalassa G. Elizalde is the Chairman of TGE Holdings Corporation and owns 100 percent of Gatlin Elizalde Corporation.
Non-Executive Board + Interests Non-Executive Board
George T. Goduco is the Chairman of Manila Broadcasting Company's Nomination Committee, as well as its Audit Committee. He is the President of Healthlab, Inc., a full service diagnostics laboratory and medical examination facility. He was EVP/COO of Star Parks Corporation in 2000-2002. He also served as Vice President and Treasurer of the FJE Group of Companies in 1997-2000 and its Director for Corporate Planning in 1995-1997. He also served as Account Officer in Solidbank and Boston Bank from 1988-1991.
Gary C. Huang is currently the Dean of the School of Business Administration, Accountancy and Customs Administration of Emilio Aguinaldo College. Concurrently he is also the President of Filresource, Inc.
Jose M. Taruc, VP-DZRH
Robert A. Pua, VP-Controller/ Compliance Officer
Irving A. Lisondra, VP-Creative Services
Ellen C. Fullido, VP-Human Resources
Carlea C. Miranda, VP-Treasury
Jonathan E. Decena, VP-Radyo Natin
Elpidio Macalma, AVP-DZRH
Jose Ma. T. Parroco, AVP-Sales
Wilfredo Espinosa, Jr., AVP-FM Programming
Conversion rate on Dec. 31, 2015: P 46.86 # Financial Data based on MBC's 2015 Annual Report #
Audience share based on Nielsen’s National Urban TV Audience Measurement (TV, Jan-August 2016), Nielsen's Consumer and Media View (Print, Jan-August 2016), Audience share from Nielsen's Radio Audience Measurement (Radio, Jan-August 2016), Effective Measurement (2016)
2016. Securities and Exchange Commission (SEC). General Information Sheet of Manila Broadcasting Company. (available upon request at SEC).
Manila Broadcasting Company 2015 Annual Report. Retrieved from edge.pse.com.ph.
2016. Securities and Exchange Commission (SEC). General Information Sheet of TGE Holdings Corporation, as of May 2016. (available upon request at SEC).
Enriquez, M. (20 May 2012). The 'miracle child'--one of the country's richest heiresses--finds her life partner." Retrieved October 27, 2016, from http://lifestyle.inquirer.net/48783/the-miracle-child%E2%80%93one-of-the-countrys-richest-heiresses%E2%80%94finds-her-life-partner/.