Mabuhay Broadcasting System Explained

Mabuhay Broadcasting System
Industry:Radio network
Foundation:December 13, 1973
Founder:Quirino de Guzman Sr.
Arcardio Carandang[1]
Location:Pasig, Philippines
Key People:Cynthia G. Ragasa (Chairman)
Manuelito F. Luzon (President)

Mabuhay Broadcasting System, Inc. (MBSI) is a Philippine radio network majority owned by the Ragasa family, heirs of founder Quirino De Guzman. Its corporate office is located at the 17th Floor, The Centerpoint, Julia Vargas Ave., Ortigas Center, Pasig, and its main studio is located at the 40th Floor Summit One Tower, Shaw Boulevard, Mandaluyong, Metro Manila. MBSI derives most of its income by selling airtime to blocktimers. MBSI's stations nationwide are operated by ZimZam Management of Manuelito "Manny" F. Luzon under the Win Radio brand.[2]

Background

In November 1973, during the martial law in the Philippines, Quirino De Guzman Sr. and Arcadio M. Carandang decided form a joint venture and organize a corporation known as Mabuhay Broadcasting Systems, Inc. (MBSI). Carandang contributed his technical expertise and new equipment while De Guzman pooled financial resources and needed franchise to the company.[3] It was registered with the Securities and Exchange Commission (SEC) on December 13, 1973.

MBSI was granted a 25-year legislative franchise on April 13, 1992, under Republic Act (R.A.) 7395[4] to construct, install, operate and maintain commercial radio broadcasting stations in the island of Luzon. Based on recent SEC filing, MBSI is majority owned by the Ragasa Family, heirs of Quirino de Guzman Sr. with 64% share.

In 2011, DZXQ was acquired by a new set of investors, which was later related to Information Broadcast Unlimited. Not long after, the Henares family acquired a minority stake in MBSI, making it an affiliate company of Progressive Broadcasting Corporation, a nationwide radio and television network headed by Alfredo "Atom" L. Henares.

On February 1, 2015, House Bill No. 5982[5] was approved by the House of Representatives and Senate of the Philippines[6] renewing MBSI's franchise for another 25 years and expanding its coverage to include both radio and television broadcasting throughout the Philippines. It was approved by President Benigno Aquino III on May 10, 2016.[7] Not long after, MBSI acquired the provincial stations owned by PBC.

MBSI stations

Current

Branding CallsignFrequencyPowerLocation
Win Radio ManilaDWKY91.5 MHz25 kWMetro Manila
Win Radio NagaDWMW107.9 MHz10 kWNaga
Win Radio IloiloDYNY107.9 MHz10 kWIloilo City
Win Radio CebuDYNU107.5 MHz10 kWCebu City
Win Radio Cagayan de OroDXNY107.9 MHz10 kWCagayan de Oro
Win Radio DavaoDXNU107.5 MHz10 kWDavao City

Former

Notes and References

  1. Web site: G.R. No. 160347 . February 10, 2016 . https://web.archive.org/web/20160630151908/http://sc.judiciary.gov.ph/jurisprudence/2006/november2006/160347.htm . June 30, 2016 . dead .
  2. Web site: 2021 NTC FM Stations . . July 13, 2022.
  3. Web site: G.R. No. 160347 . February 10, 2016 . https://web.archive.org/web/20160630151908/http://sc.judiciary.gov.ph/jurisprudence/2006/november2006/160347.htm . June 30, 2016 . dead .
  4. Web site: Philippine Laws, Statutes and Codes - Chan Robles Virtual Law Library.
  5. Web site: House Bill No. 5982 . senate.gov.ph . https://web.archive.org/web/20160216122245/http://senate.gov.ph/lisdata/2209018817%21.pdf . February 16, 2016.
  6. Web site: 16th Congress - House Bill No. 5982 - Senate of the Philippines . February 10, 2016 . dead . https://web.archive.org/web/20160216122242/http://senate.gov.ph/lis/bill_res.aspx?congress=16&q=HBN-5982 . February 16, 2016 .
  7. Web site: Progressive Broadcasting Corporation (UNTV) franchise renewed for another 25 years. June 16, 2016.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Mabuhay Broadcasting System".

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