MediaQuest Holdings, Inc.

MediaQuest Holdings, Inc.

Type	Subsidiary
Industry	Broadcast television and radio network, Print publishing
Headquarters	Makati, Philippines
Key people	Antonio Samsom Rey Espinosa
Owner(s)	PLDT Beneficial Trust Fund
Subsidiaries	MediaScape Inc.

MediaQuest Holdings, Inc. is a media conglomerate owned by the Beneficial Trust Fund of the PLDT. It owns most of the media establishments such as Associated Broadcasting Company (TV5), Nation Broadcasting Corporation (NBC), Cignal Digital TV (Cignal), and a 30% interest in BusinessWorld Publishing Corporation (BusinessWorld) and Unitel Group.

History

MediaQuest was established in the 1990s by PLDT through its Beneficial Trust Fund, a retirement fund agency. First launched with Home Cable, a direct-to-home cable TV subscription service and second largest cable TV company through Unilink Communications. On July 1, 2001, Home Cable merged its CATV operation to SkyCable and created Beyond Cable Holdings, Inc. with an enterprise value of P14.5 billion. Beyond Cable Inc. controls 66.5% through Benpres Holdings and 33.5% through MediaQuest Holdings Inc.^[1][2] Home Cable ceased its operations on June 30, 2005 (which was replaced by SkyCable Silver). PLDT sold its stake in SkyCable to the Lopez Group of Companies in 2008.

In 1998, MediaQuest acquired Nation Broadcasting Corporation from the consortium of the Yabut family and then House Speaker Manny Villar.

In 2001, MediaQuest bought a controlling stake in GMA Network. This was until 2006 when an attempt to acquire GMA was failed.

In 2007, MediaQuest acquired GV Broadcasting Systems, a direct-to-home satellite provider and radio network from Satventures Inc. of the Galang family. At the same year, it launched myTV as a mobile TV service.

One of the biggest acquisitions was in 2010 when they bought 75% stake in Associated Broadcasting Company and blocktimer Primedia Inc.

Owned and operated

Television and radio

• Associated Broadcasting Company (ABC/TV5)
• Nation Broadcasting Corporation (NBC)
• GV Broadcasting Systems, Inc. (MediaScape)

Motion picture

• Unitel Group (30%)
  • Unitel Productions
  • Straight Shooters

Satellite and digital

• Cignal Digital TV

Print publishing

• BusinessWorld (30%)

See also

• PLDT

References

1. ^ http://www.philstar.com/Article.aspx?articleId=96588
2. ^ http://cerphin.net/balita/GMA-Network-opposes-SkyCableHome-Cable-full-consolidation/artikulo/46977/

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