ABS-CBN

ABS-CBN Corporation is a Philippine media company based in Quezon City, Metro Manila, Philippines. It is the largest entertainment television and film production, program syndication provider, film distributor and media company in the Philippines. It is a subsidiary of Lopez Holdings Corporation, which is owned by the López family. ABS-CBN was formed by the merger of Alto Broadcasting System and Chronicle Broadcasting Network. Aside from "Kapamilya" as the company's and namesake television network's metonym, it is also metonymically called "Ignacia" due to the location of its headquarters ELJ Communications Center along Mother Ignacia Street in Quezon City. ABS was founded in 1946 by American electronics engineer James Lindenberg as Bolinao Electronics Corporation. In 1952, BEC was renamed Alto Broadcasting System with its corporate name, Alto Sales Corporation after Judge Antonio Quirino, brother of President Elpidio Quirino, purchased the company and later launched the first TV station in the country, DZAQ-TV on October 23, 1953.