TV5 Network Inc. is optimistic about its financial turnaround in 2025, expecting its first profitable year under the Pangilinan-led MediaQuest Holdings.
MediaQuest CEO Basas revealed that TV5 is targeting positive EBITDA this year, a historic milestone for the network.
Despite challenges faced by the media industry, TV5 has managed to reduce its losses significantly, thanks to a shift to a full entertainment channel in 2023.
The upcoming midterm elections are also expected to boost revenue through increased ad spending.
Source: PhilNews24 | January 23, 2025
