ABS-CBN Corp. said its locally produced movies will soon hit TV screens in China, as it inked a deal with a Chinese media company to allow the airing of its content in the country.
In a statement Tuesday, the Lopez-led media giant said it entered an agreement with Phoenix Satellite Television Co. Ltd. which would allow Phoenix Movie Channel to air 16 local films starting September.
“Hit Filipino movies from ABS-CBN will soon make its way to China for the first time via Phoenix Movie Channel, after the network successfully inked a milestone deal with Phoenix Satellite Television, a leading entertainment group that aims to provide Chinese everywhere with high quality content,” it said.
In its website, Phoenix Satellite Television said it operates several channels across the world, namely the Phoenix Chinese Channel, the Phoenix InfoNews Channel, the Phoenix Chinese News and Entertainment Channel, the Phoenix American Channel, the Phoenix Movie Channel and the Phoenix Hong Kong Channel.
Among the films covered by the company’s deal with ABS-CBN are Barcelona: A Love Untold, Four Sisters and a Wedding, My Ex and Whys and Can’t Help Falling In Love.
It also includes titles such as You’re My Boss, Everything About Her, Love You To The Stars and Back and Always Be My Maybe.
First Love, Kasal, Hihintayin Kita sa Langit and The Achy Breaky Hearts are also part of the agreement.
“…ABS-CBN International Distribution commits to add to its first line-up of high-caliber programs and movies with cast and storylines that appeal to various cultures,” it said.
Last year, the company also signed deals with Viet Content from Vietnam, S&E Syndication Co. Ltd. from Myanmar and JKN Global Media Public Co. Ltd. from Thailand and Laos for the syndication of its shows.
The listed firm posted an 89.2% increase in attributable net income to P856.35 million during the first quarter, driven by a 24.4% increase in advertising revenues at P5.4 billion. — Denise A. Valdez