#abs-cbn publishing

Local brand myPhone and ABS-CBN Publishing announced today their partnership for NoInk, a multimedia reading app where users can purchase digital copies of ABS-CBN Publishing's magazines and books as well as titles from various publishers in the country. In the press conference earlier at ABS-CBN Broadcasting Center and streamed live on Facebook, it was also announced that myPhone will also push an update to existing devices with the NoInk app as well. In an announcement today, ABS-CBN released a statement that its Sky Cable sale to PLDT will "no longer push through". ABS-CBN has just announced that one of its signature news channels, TeleRadyo, will be ceasing operations effective June 30, 2023. In a press statement released today, the media giant said that ABS-CBN could no longer sustain the channel's operations given that TeleRadyo had been incurring financial losses since 2020. "The company is deeply saddened by this closure and having to part ways with the many passionate and committed people who have made Teleradyo an important source of news and information for many Filipinos," says ABS-CBN. While TeleRadyo will cease operations, ABS-CBN shared that it is entering a joint venture with Prime Media Holdings Inc. Under the joint venture, ABS-CBN will own a minority stake while Prime Media Inc. Read more in our articles including "myPhone, ABS-CBN partner for NoInk reading app" and "ABS-CBN cancels Sky Cable sale to PLDT".