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. Read more in our articles including "ABS-CBN TeleRadyo to cease operations effective June 30" and "ABS-CBN cancels Sky Cable sale to PLDT".
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.
Our coverage of ABS-CBN TeleRadyo ceases operations includes: "ABS-CBN TeleRadyo to cease operations effective June 30"; "ABS-CBN cancels Sky Cable sale to PLDT"; "GMA channels, select shows to appear on ABS-CBN's iWantTFC starting May 1". Each article provides unique insights and information.