Philippine Collective Media Corporation — BrandWiki
Philippine Collective Media Corporation
Philippine Collective Media Corporation (PCMC; officially known in their documents as Philippine CollectiveMedia Corporation) is a Philippine broadcast media company.[1][2] Its headquarters are located in Barangay South Triangle, Quezon City, with offices in Makati and Tacloban.It owns a number of radio stations across the country under the FM Radio Philippines (Favorite Music Radio) network and AM radio station DZMM Radyo Patrol 630 (under joint-venture with ABS-CBN), as well as television stations PRTV Prime Media and PRTV.[3]
History
PCMC was founded on May 21, 2008. It was granted a broadcasting franchise under Republic Act 9773 in 2009, with its coverage initially limited in the Eastern Visayas region.[2]
On April 25, 2011, PCMC launched three stations in Tacloban: AM station
DYBR
(discontinued in 2013 following the aftermath of
Typhoon Yolanda
), FM station
DYDR
, and its first local independent TV station
PRTV
.
The company's legislative franchise was later amended in 2020 under Republic Act 11508, allowing PCMC to operate national broadcast without PresidentRodrigo Duterte's signature, as the bill lapsed into law after 30 days of inaction.[4] PCMC then launched the Favorite Music Radio network (FMR, based on the owner's initials), with DYDR rebranded under the said brand.As part of the expansion, PCMC planned to set up 35 radio stations nationwide by 2021.[5][6]
In May 2021, PCMC and Prime Media Holdings, Inc. (PMHI/PRIM), a publicly traded investment firm involving real estate and hospitality, signed a share-for-share swap agreement through a backdoor listing.Under the deal, PCMC shareholders will exchange their shares of common stock to take majority control of PRIM, which will acquire PCMC and become the latter's subsidiary.[7][8][9]
With the expansion of its radio and television operations, the company is expected to launch a national TV network with its plans to collaborate with several content providers (among them is ABS-CBN Corporation).[10]
On September 20, 2021, PCMC and ZOE Broadcasting Network signed an affiliation deal to air A2Z's programming on PRTV Tacloban as a digital subchannel.[11]
In 2022, Prime Media's memorandum was later revised following the creation of holding firm Golden Peregrine Holdings (GPHI); GPHI would directly acquire PCMC as its subsidiary, while keeping Prime Media as its indirect parent entity.[12]
On May 6, 2024, ABS-CBN's flagship newscast TV Patrol begin airing on all Favorite Music Radio stations, a year after PCMC acquired 630 AM in Manila that resulted in the relaunch as DWPM Radyo 630, a conjointly-operated station with ABS-CBN under Media Serbisyo Production Corporation.[13] (630 AM, while retaining the DWPM callsign, would later rebrand as a revival of DZMM Radyo Patrol 630 in mid-2025, still under both PCMC ownership and MSPC programming management.)
On May 27, 2024, PCMC and Prime Media formally launched its own national TV channel Prime TV, which serves as an expansion of the PRTV brand.
In October 2024, PCMC/Prime Media signed an agreement with MediaQuest Holdings to acquire the radio assets of Nation Broadcasting Corporation (NBC), which houses Radyo5 True FM, operated by NBC's sister company TV5 Network.As part of its sale/transfer agreement (subject to regulatory approvals), PCMC will lease NBC radio stations in Manila, Baguio, Bacolod, Davao and General Santos.This prompted True FM to move to Bright Star's 105.9 FM in Mega Manila and IBMI's 106.7 FM in Davao.[14][15]
