ABS-CBN confirms: Erik Matti no longer directing ‘Darna’ Deni Rose M. Afinidad-Bernardo (philstar.com) - October 5, 2018 - 9:56am MANILA, Philippines — TV network ABS-CBN has confirmed rumors that veteran director Erik Matti, known for films such as “BuyBust,” “On the Job,” and “Honor Thy Father,” is no longer directing the upcoming remake of “Darna” starring Liza Soberano. In a press statement released to Philstar.com on October 4, the network said: “ABS-CBN, Star Cinema, and director Erik Matti have mutually decided to part ways in the filming of ‘Darna’ because of creative differences and to allow the filmmaker to work on his other projects under his own production company Reality Entertainment.” The TV network's statement on Erik Matti and Darna. ABS-CBN/Released The network assured though that the movie’s production is still in … [Read more...] about ABS-CBN confirms: Erik Matti no longer directing ‘Darna’
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Watch more in iWantv or TFC.tv Singaporean entertainment incubator Aurora Media is partnering with ABS-CBN and director Mikhael Red for the horror Movie "Eerie" starring Charo Santos and Bea Alonzo. Aurora Media representative Gin Kai Chan flew in from Singapore for the signing. He believes Red, whom he met at a film festival, and ABS-CBN offer something unique and intriguing for international audiences. He said the international audience has evolved beyond the old Hollywood formula wherein every movie needs a Western star to be successful. "The world is now more open to seeing subtitles on a film. I don't see it anymore as whether this is Filipino film, or a Thai film, or a Korean film. For example, Korea has shown that even if you don't understand Korean, if it is a good film, if it is well-made, if the story is strong, the acting is great, then it is exportable," Chan said. Chan is also excited about partnering with ABS-CBN. Last year, ABS-CBN movies generated $9.7 million … [Read more...] about News ‘Eerie’ is first collaboration of ABS-CBN, Singapore’s Aurora Media
MANILA -- It has been more than two years since he last appeared in a Star Cinema project, and Derek Ramsay is more than thrilled that his comeback movie for the ABS-CBN film outfit is now in full swing. Add this to the fact that “Kasal” is his reunion project with Bea Alonzo after the 2010 series “Magkaribal,” and the 2007 hit film “One More Chance.” “It’s amazing to work with Bea again. She’s my one of my favorite actresses, definitely one of the most talented out there. It’s really nice to be paired with her,” he said. Ramsay said they were able to catch up on those years that they have not seed each other when they filmed “Kasal” in Cebu for a week. For those wondering how the actor was able to return to the Kapamilya network, Ramsay had a simple explanation. “I think it was just time. Time heals everything. I had my hurt, they had their hurt. For me, it was all one big misunderstanding that was … [Read more...] about News Derek on working in ABS-CBN again: ‘Time heals everything’
MANILA - Kris Aquino's recent post on social media had her fans wondering if she will do a new project with ABS-CBN soon. On Wednesday, the host-actress shared a collage of her past Star Cinema movie posters on Instagram and hinted about having a "reunion." "Promised myself to share no details, I've learned the hard way. Until I'm actually on set, it is best to keep details. No matter how share-worthy, they are strictly confined to my sons and my team," she said in the caption. Aquino went on to say that she sought the help of her youngest son, Bimby, while making her decision. "Bimb said, 'Mama, this is like us visiting family, like a reunion. We have our KCAP team and now, for a few months, we get to be with the people who all knew me since i was born and we missed them. So please say yes?' So yes, love does lead you back," she said. Her post has been deleted on her Instagram page, but many were quick to take screenshots and post them online. With this update, it remains to be … [Read more...] about News Kris Aquino to work with Star Cinema again?
Despite exceeding its profit guidance, the absence of political advertisements last year led ABS-CBN Corp.’s net income to decrease by 10.3 percent to P3.16 billion from P3.5 billion in 2016. The media conglomerate’s consolidated revenues also fell to $40.7 billion from P41.6 billion. In a disclosure on Friday, ABS-CBN CFO Aldrin Cerrado said that despite posting reduced profits, the company remained pleased with its 2017 performance and was “happy to have exceeded our guidance for net income.” “Top-line revenue growth, boosted by a healthy increase in consumer sales, was about 9 percent,” he added. Total assets climbed P75.1 billion from P72.7 billion, while equity base rose P31.7 billion to P33.7 billion. According to ABS-CBN Group CFO Ron Valdueza, the firm’s digital terrestrial television (DTT) performed well. “Our target was to sell 1.5 million ABS-CBN TVPlus boxes in 2017, which would have brought our total box sales to about 3.8 … [Read more...] about ABS-CBN profit exceeds lower income guidance