ABS–CBN Corporation is a Philippine-based media conglomerate with interests primarily in, but not limited to television and radio broadcasting and motion picture production. The conglomerate is the merger of ABS(Alto Broadcasting System) which at that time owned by James Lindenberg and Antonio Quirino and the Lopez owned CBN(Chronicle Broadcasting Network). It is the Philippines' largest media and entertainment conglomerate. It was founded on June 13, 1946 as Bolinao Electronics Corporation (BEC) by James Lindenberg and it was incorporated as ABS-CBN Broadcasting Corporation in February 1, 1967. The corporate name was changed to ABS–CBN Corporation, after dropping the broadcasting name in August 18, 2010. It is a now a publicly traded company in the Philippine Stock Exchange. In 1953 it became the second commercial television broadcaster in Asia, after the NHK of Japan, and the first in the Philippines and Southeast Asia
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