Interactive Broadcast Media

Last updated

Interactive Broadcast Media, Inc.
Company type Private
Industry Broadcast
FoundedOctober 31, 1996
Founder
  • Roberto Bacsal
  • Rene Palma
Headquarters San Juan, Metro Manila, Philippines
Key people
  • Eric S. Canoy
    Chairman and President, IBMI, RMN and RMN-MMV
  • Enrico Guido Canoy
    General Manager, IBMI
    EVP and COO, RMN
OwnerEDCanoy Prime Holdings, Inc. (49%)

Interactive Broadcast Media, Inc. (IBMI) is a Philippine radio network based in San Juan, Metro Manila, Philippines. [1] [2]

Contents

History

IBMI was established on October 31, 1996 by broadcast veteran Roberto Bacsal and businessman Rene Palma as a media outlet for the then-newly acquired DWWW. Back then, its offices were located at #23 E. Rodriguez Sr. Ave, Quezon City. [3]

In 2010, Antonio "Tonyboy" Cojuangco Jr. acquired a non-controlling share of IBMI and transferred ownership of ABC Development Corporation's former radio stations, collectively known as Dream FM Network, into the former.

In November 2011, IBMI moved to its new home in Atlanta Center, San Juan, Metro Manila after Radio Mindanao Network took over DWWW's operations. In 2012, RMN's parent company, EDCanoy Prime Holdings, acquired 49% of IBMI. [4]

On March 7, 2016, Philippine President Benigno C. Aquino III signed Republic Act No. 10753 which renewed IBMI's legislative franchise for another 25 years. The law granted IBMI a franchise to construct, install, operate, and maintain, for commercial purposes, radio broadcasting stations and television stations, including digital television system, with the corresponding facilities such as relay stations, throughout the Philippines. The law took effect on September 5, 2021. [5]

Stations

BrandingCallsignFrequencyPowerLocationNotes
DWWW 774 DWWW 774 kHz25 kW Metro Manila Affiliated by Radio Mindanao Network
Boracay Beach Radio DYKP 97.3 MHz5 kW Boracay
True FM Davao DXET 106.7 MHz10 kW Davao Nation Broadcasting Corporation (TV5 Network Inc.)

Former stations

CallsignFrequencyLocationNotes
DWET 106.7 MHz Manila Acquired by Ultrasonic Broadcasting System. Currently broadcasting as Energy FM.
DWTE106.7 MHz Laoag Off the air since July 2011.
DXER93.5 MHz General Santos
DXXR 95.9 MHz Polomolok Currently owned by Rizal Memorial Colleges Broadcasting Corporation. Currently broadcasting as XFM.

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References

  1. "Republic Act No. 8210". The Corpus Juris. Retrieved July 31, 2020.
  2. "KBP Members". Kapisanan ng mga Brodkaster ng Pilipinas . Archived from the original on August 5, 2020. Retrieved July 31, 2020.
  3. Aniceto, Ben (2007). Stay Tuned: The Golden Years of Philippine Radio. Rufino J. Policarpio, Jr. p. 341. ISBN   9789719401407 . Retrieved July 31, 2020 via Google Books.
  4. "Interactive Broadcast Media, Inc". Media Ownership Monitor by VERA Files. Reporters Without Borders . Retrieved July 31, 2020.
  5. "Republic Act No. 10753". LawPhil.net.