Mabuhay Broadcasting System, Inc. (MBSI) is a

Philippine The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...

radio network There are two types of radio network currently in use around the world: the one-to-many ( simplex communication) broadcast network commonly used for public information and mass-media entertainment, and the two-way radio ( duplex communication) typ ...

majority owned by the Ragasa family, heirs of founder Quirino De Guzman. Its corporate office is located at the 17th Floor, The Centerpoint, Julia Vargas Ave.,

Ortigas Center Ortigas Center is a central business district located within the joint boundaries of Pasig, Mandaluyong and Quezon City, within the Metro Manila region in the Philippines. With an area of more than , it is Metro Manila's second most important b ...

Pasig Pasig, officially the City of Pasig ( fil, Lungsod ng Pasig), is a 1st class Cities of the Philippines#Legal classification, highly urbanized city in the Metro Manila, National Capital Region of the Philippines. According to the 2020 census, i ...

, and its main studio is located at the 40th Floor

Summit One Tower The Summit One Tower is an office skyscraper located in Mandaluyong, Philippines. Originally built as a condominium project called Paladium Summit but when the concrete shell was completed the project fell through until a local tycoon bought and ...

, Shaw Boulevard,

Mandaluyong Mandaluyong, officially the City of Mandaluyong ( fil, Lungsod ng Mandaluyong), is a first class highly urbanized city in the National Capital Region of the Philippines. According to the 2020 census, it has a population of 425,758 people. Lo ...

Metro Manila Metropolitan Manila (often shortened as Metro Manila; fil, Kalakhang Maynila), officially the National Capital Region (NCR; fil, link=no, Pambansang Punong Rehiyon), is the capital region, seat of government and one of three List of metrop ...

. MBSI derives most of its income by selling airtime to blocktimers. MBSI's stations nationwide are operated by Manuelito "Manny" F. Luzon's ZimZam Management under the Win Radio brand.

Background

In November 1973, during the martial law in the Philippines, Quirino De Guzman Sr. and Arcadio M. Carandang decided form a joint venture and organize a corporation known as Mabuhay Broadcasting Systems, Inc. (MBSI). Carandang contributed his technical expertise and new equipment while De Guzman pooled financial resources and needed franchise to the company. It was registered with the

Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against mark ...

(SEC) on December 13, 1973. MBSI was granted a 25-year legislative franchise on April 13, 1992, under Republic Act (R.A.) 7395 to construct, install, operate and maintain commercial radio broadcasting stations in the island of

Luzon Luzon (; ) is the largest and most populous island in the Philippines. Located in the northern portion of the Philippines archipelago, it is the economic and political center of the nation, being home to the country's capital city, Manila, ...

. Based on recent SEC filing, MBSI is majority owned by the Ragasa Family, heirs of Quirino de Guzman Sr. with 64% share. In 2011, DZXQ was acquired by a new set of investors, which was later related to Information Broadcast Unlimited. Not long after, the Henares family acquired a minority stake in MBSI, making it an affiliate company of

Progressive Broadcasting Corporation Progressive Broadcasting Corporation (PBC) is a Philippine radio and television network owned by businessman Alfredo L. Henares with 70% equity share together with Joselito N. Pedero (15.3%) and Dennis T. Villareal (14.5%). The company was re ...

, a nationwide radio and

television network A television network or television broadcaster is a telecommunications network for distribution of television program content, where a central operation provides programming to many television stations or pay television providers. Until the mid- ...

headed by Alfredo "Atom" L. Henares. On February 1, 2015, House Bill No. 5982 was approved by the

House of Representatives House of Representatives is the name of legislative bodies in many countries and sub-national entitles. In many countries, the House of Representatives is the lower house of a bicameral legislature, with the corresponding upper house often c ...

and

Senate of the Philippines The Senate of the Philippines ( Filipino: ''Senado ng Pilipinas'', also ''Mataas na Kapulungan ng Pilipinas'' or "upper chamber") is the upper house of Congress of the bicameral legislature of the Philippines with the House of Representatives ...

renewing MBSI's franchise for another 25 years and expanding its coverage to include both radio and television broadcasting throughout the Philippines. It was approved by President

Benigno Aquino III Benigno Simeon Cojuangco Aquino III (; February 8, 1960 – June 24, 2021), also known as Noynoy Aquino and colloquially as PNoy, was a Filipino politician who served as the 15th president of the Philippines from 2010 to 2016. The son of ...

on May 10, 2016. Not long after, MBSI acquired the provincial stations owned by PBC.

Background

MBSI stations

Current

Former

References