ABS-CBN is a major media and entertainment company in the Philippines, known for its television and radio broadcasting. Founded in 1953, it has produced a wide range of programs, including news, dramas, and reality shows, making it one of the largest networks in the country. In 2020, ABS-CBN faced significant challenges when its franchise was denied renewal by the Philippine government, leading to the shutdown of its television and radio operations. Despite this setback, the company continues to operate through digital platforms and remains a key player in the Philippine media landscape.