TV5 (formerly known as ABC 5) is a free-to-air commercial TV station
owned and operated by TV5 Network Incorporated (formerly Associated Broadcasting Corporation and later ABC Development Corporation), a subsidiary of MediaQuest Holdings, Inc. whose parent is the company that owns the pension funds of PLDT Incorporated’s (formerly Philippine Long Distance Telephone Company) employees.
Businessman Manuel V. Pangilinan, more popularly known in business circles as MVP, sits as chair of both PLDT, where he is also its president and chief executive officer, and MediaQuest Holdings Incorporated.
Nielsen’s National Urban TV Audience Measurement (link to methodology) pegs the station’s audience share at 7.60 percent from January to August 2016, making it the country’s third largest TV station based on audience share.
TV5, like frontrunners ABS-CBN 2 and GMA7, shows diverse programs from drama series, sitcoms, musical variety shows, infotainment, entertainment, and news and current affairs. It also shows the Filipinos’ favorite sports to watch: live games of the Philippine Basketball Association, a professional basketball league.
TV5 programs may also be seen in its international channels Kapatid TV5 and AksyonTV International.
Media Companies / Groups
TV5 Network Incorporated
TV5 is owned by TV5 Network, Incorporated (formerly Associated Broadcasting Company), a subsidiary of MediaQuest Holdings, Incorporated whose parent is the company that owns the pension funds of PLDT, Incorporated’s employees. It is owned by businessman Manuel V. Pangilinan.
Group / Individual Owner
MediaQuest Holdings, Incorporated
MediaQuest Holdings, Incorporated is the holding company of PLDT Beneficial Trust Fund’s mass media conglomerate which includes TV5 Network, Incorporated, Nation Broadcasting Corporation, and the broadsheets The Philippine Star, Philippine Daily Inquirer, and BusinessWorld through hastings Holdings. Its parent is the company that owns the pension funds of PLDT, Incorporated’s (formerly Philippine Long Distance Telephone Company) employees. Businessman Manuel V. Pangilinan heads various conglomerates in the Philippines which ultimately belong to Indonesian Anthoni Salim’s First Pacific group of companies.
Upbeam Investments, Incorporated
Upbeam Investments, Incorporated is a financial holding company whose parent is MediaQuest Holdings, Incorporated and TV5 Network Incorporated as a subsidiary.
Telemedia Business Ventures, Incorporated
Telemedia Business Ventures, Incorporated is a financial holding company whose parent is MediaQuest Holdings, Incorporated and TV5 Network Incorporated as a subsidiary.
Joaquin “Chino” Roces
Affiliated Interests Founder
Joaquin “Chino” Roces was the publisher of the Manila Times, he was jailed during Martial Law for standing up against the suppression of press freedom.
Manuel V. Pangilinan
Affiliated Interests Ceo
Manuel V. Pangilinan, more popularly known in business circles as MVP, sits as chair of both PLDT, where he is also its president and chief executive officer, and MediaQuest Holdings.
Other Important People
Emmanuel C. Lorenzana
Ray C. Espinosa
Anabelle L. Chua
Edward S. Go
Enrique G. Filamor
Lydia B. Echauz
Anna Isabel V. Bengzon
Affiliated Interests other important people
Treasurer and Chief Financial Officer
Assistant Corporate Secretary
TV5 Media Center Reliance Corner Sheridan Street Mandaluyong City 1552 Telephone Number: +632-689-3100 www.tv5.com.ph
Revenue (in Mill. $)
Operating Profit (in Mill. $)
Advertising (in % of total funding)
TV5 Network, Incorporated is part of a complicated and intricate web of corporation ownerships and subsidiaries that it took a journalist's dedicated investigative reporting to unmask who its ultimate owners are. Data based on Audience share from Nielsen’s National Urban TV Audience Measurement (Jan-June 2016).