Prime Media Holdings, Inc.
PPSE:PRIM0.90
PHP
+0.06
(+7.14%)
ISIN
PHY7084E1065
CUSIP
Y7084E106
Return %
Stock
S&P 500
1Y
-30.77
14.20
3Y
-69.07
81.12
5Y
-41.56
68.34
Capital Structure
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Makati City Philippines
- IPO Date
- Jul 29, 1964
- Website
- primemediaholdingsinc.com
- Similar Companies
- Business
- Prime Media Holdings, Inc. is a Philippine-based investment holding company primarily engaged in media broadcasting, multimedia content creation, and entertainment asset management. Founded on February 6, 1963, and headquartered in Makati City, Metro Manila, Philippines, the company focuses on the mass media, broadcasting, and telecommunications sectors, serving commercial advertisers, broadcast partners, and nationwide consumer audiences across the Philippines. The company provides a comprehensive portfolio of media products and commercial services, comprising AM and FM radio broadcasting; terrestrial, cable, and digital television programming; news, current affairs, talk, and public service program production; digital content syndication and live internet streaming; media franchise and intellectual property licensing; and commercial airtime leasing, broadcast sponsorship packages, and advertising placement solutions. Its key operating brands, stations, and broadcast assets include DWPM Radyo 630, an AM news and public affairs radio station; TeleRadyo Serbisyo, a multi-platform cable and digital news channel; the Favorite Music Radio (FMR) network of regional and national FM stations; and the PRTV broadcast television channel. In recent major corporate developments, Prime Media Holdings has undergone a strategic transformation to accelerate its expansion into creative new media, notably establishing Media Serbisyo Production Corporation, a joint venture in which Prime Media holds a 51 percent majority stake alongside ABS-CBN Corporation (49 percent) to produce news and public interest programming and revive broadcasts on the 630 kHz frequency. In addition, the company has pursued corporate consolidation and a share-swap acquisition framework with Philippine CollectiveMedia Corporation (PCMC) to integrate nationwide television and radio station assets under PCMC's national legislative broadcast franchise, thereby scaling its regional distribution network and operational reach under majority shareholder RYM Business Management Corporation.