#$abs

ABS should be a buy if it sells Sky Cable stake for >16 Billion Pesos

The loss of the right to operate a broadcasting network for failure to secure a congressional franchise should not have been an issue for ABS-CBN Corporation (ABS). Broadcasting and linear tv are declining industries and the future is curated digital content distribution and monetization, think of Netflix, Youtube, and TikTok.

With its dominant and world class content creation capabilities…