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| Company type | Subsidiary |
|---|---|
| Industry | Mass media |
| Founded | 1998 |
| Headquarters | 5th Floor, LaunchPad Center, Reliance cor. Sheridan Sts,Mandaluyong,Metro Manila,Philippines |
Key people |
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| Products | |
| Services | |
| Revenue |  ₱ 12,2 billion (FY 2022) |
| Total assets |  ₱ 26.608 billion (FY 2022) |
| Owner | BTFHoldings,Inc. ("PLDTBeneficialTrustFund") |
| Parent | PLDT |
| Divisions | MQuest Ventures |
| Subsidiaries | TV5 Network Inc. Nation Broadcasting Corporation Cignal TV, Inc. Hastings Holdings, Inc. |
| Website | mediaquest.com.ph |
MediaQuest Holdings, Inc. is aPhilippine media company based inMandaluyong. It is involved in radio and television broadcasting, as well asdirect-to-home satellite services, live events, talent management, sports, content distribution, films, music, digital and print media. Though an affiliate of telecommunications companyPLDT, MediaQuest is owned by the former's Beneficial Trust Fund (corporate entity - BTF Holdings, Inc.),[1] a retirement pension plan funded through its Philippine Depository Receipts. PLDT does not directly own any media property as the current1987 Constitution states that media companies should be 100% owned by Filipinos and the company's major shareholders include foreign entities such asFirst Pacific, andNippon Telegraph and Telephone.
MediaQuest owns and operates national media firmsTV5 Network Inc. (TV5) andNation Broadcasting Corporation (NBC), as well as pay TV provider and regional radio and TV networksCignal TV. MediaQuest also owns majority interest on newspaper companiesThe Philippine Star andBusiness World Publishing Corporation (BusinessWorld), and 30% of film production unitUnitel Group.
MediaQuest was established in 1998 by PLDT through its Beneficial Trust Fund, a retirement fund agency. First with the acquisition ofHome 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 toSky Cable Corporation and created Beyond Cable Holdings, Inc. with anenterprise value of P14.5 billion. Beyond Cable Inc. controls 66.5% through Benpres Holdings and 33.5% through MediaQuest Holdings Inc.[2][3] Home Cable ceased its operations on June 30, 2005 (which was replaced bySkyCable Silver). PLDT sold its stake in SkyCable to the owner byABS-CBN Corporation andLopez Holdings Corporation in 2008.
In 1998, MediaQuest acquiredNation Broadcasting Corporation from the consortium of the Yabut family and thenHouse SpeakerManny Villar.
In 2001, MediaQuest bought a controlling stake inGMA Network. This was until 2006 when an attempt to acquire GMA was failed. MediaQuest attempted again to acquire the network in 2012 but the talks collapsed.
In 2007, MediaQuest acquiredGV Broadcasting Systems and its owner Satventures Inc., a direct-to-home satellite provider and radio network, from the Galang family. At the same year, it launchedmyTV as a mobile TV service. GV was later renamed as Mediascape, and officially launched its satellite pay TV serviceCignal in 2009.
In March 2010, MediaQuest acquiredABC Development Corporation and its blocktimer MPB Primedia Inc. from a joint consortium led by former PLDT Chairman Antonio "Tony Boy" O. Cojuangco Jr. and Malaysia-based media conglomerateMedia Prima Berhad.[4]Manuel V. Pangilinan expressed that he had intended to acquire ABC as early as 1999.[5]
In 2013, MediaQuest, through subsidiary Hasting Holdings, took over and later acquires the 70% ownership share on newspaperBusinessWorld after contributing to the company's capital.[6] The group has previously acquired an 18% stake in national newspaper, thePhilippine Daily Inquirer.
In 2014, MediaQuest acquired a majority stake of 51% inThe Philippine Star. The Belmonte family, owners of the newspaper, retained a 21% stake, as well as management and editorial control. Pangilinan has since appointed Atty. Ray Espinosa as the company's new chairman of the board.[7]
In May 2022, PLDT namedSmart Communications SVP/Head of Consumer Business Jane Basas as new president and CEO of MediaQuest Holdings, replacing Espinosa who remained as board member and retained his positions for Philstar/Hastings andMeralco. Basas previously served as President/CEO of Cignal TV from 2016 to 2020.[8][9]
In June 2022, ABS-CBN engaged into advanced talks with TV5's parent company, MediaQuest Holdings to allow its resources combined after Villar Group-backedAdvanced Media Broadcasting System acquiredABS-CBN's former frequency, and slated to begin operations in October 2022 asALLTV-2 and become the flagship station ofALLTV.[10][11] On August 10, 2022, ABS-CBN and MediaQuest Holdings signed a "convertible note agreement" as announced on the following day for the ABS-CBN's investment into TV5 Network by acquiring 34.99% of the company's common shares, with an option to increase it stake to 49.92% within the next eight years with MediaQuest remained as the TV5's controlling shareholder with 64.79% of TV5's common shares. Meanwhile, MediaQuest Holdings executed a "debt instruments agreement" by acquiring a 38.88% minority stake of ABS-CBN's cable TV armSky Cable Corporation throughCignal TV, with an option to acquire an additional 61.12% of Sky Cable shares within the next eight years.[12][13][14] After ABS-CBN and TV5 had a partnership deal, theHouse of Representatives has set a briefing and SAGIP RepresentativeRodante Marcoleta commented that TV5 violated the broadcasting franchise with ABS-CBN deal.[15][16] However, a media briefing that was scheduled a day later was cancelled.[17] On August 24, the two broadcasting companies agreed to pause their closing preparations for the deal following concerns from politicians and some government agencies.[18] However, the agreement was terminated on September 1.[19]
In June 2023, the company announced their partnership withEat Bulaga! hostsTito Sotto,Vic Sotto,Joey De Leon to form their own production company,TVJ Productions Inc. after signing a contract with TV5. This occurred a week after they leftTAPE Inc. due to various issues with the new management.[20][21]
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| Formerly | Talent5 (2010–2016) |
|---|---|
| Company type | Division |
| Industry | Talent agency |
| Founded | December 5, 2010; 14 years ago (2010-12-05) |
| Headquarters | , Philippines |
Area served | Nationwide (Metro Manila and suburbs) |
Key people |
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| Products | Music and entertainment |
| Services | Talent management |
| Owner | MediaQuest Holdings |
| Parent | TV5 Network Inc. |
MQ Artists Agency (MQAA, formerly known asTalent5) is atalent agency owned byTV5 Network Inc. based inMandaluyong,Metro Manila,Philippines that was founded on December 5, 2010. On May 2, 2024, during TV5 was announced that the agency had been launched as MQ Artists Agency. Representing MediaQuest was Jane Basas, president and CEO of MQuest Ventures. MQAA is the new in-house talent management arm of MQuest Ventures (MQuest).
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| Company type | Division |
|---|---|
| Industry | Entertainment |
| Predecessors |
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| Founded | 2023; 2 years ago (2023) |
| Headquarters | , Philippines |
Area served | Nationwide (Metro Manila and suburbs) |
Key people |
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| Services | Film andtelevision production,Event management,Collaboration |
| Owner | MediaQuest Holdings |
| Divisions |
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MediaQuest Ventures is a Philippine media and entertainment production company. MQuest was launched in 2023 and is described as the "content creation hub" of the MediaQuest Group which combining film and TV production, talent management, and live events. As a content production, MQuest Ventures serves as the content provider for TV5 and Cignal TV, as well as third-party affiliate partners.
MQuest Ventures's first production was the anniversary concert ofSarah Geronimo.
