TV5 Media Center
Office, studio, broadcasting in Metro Manila, Philippines From Wikipedia, the free encyclopedia
The TV5 Media Center (also known as the Launchpad Center) serves as the headquarters and broadcast complex of TV5 and affiliate companies Cignal TV, Nation Broadcasting Corporation, Philex Mining Corporation and Voyager Innovations, Inc.[1]
| TV5 Media Center | |
|---|---|
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| General information | |
| Type | Office, studio, broadcasting |
| Location | Reliance corner Sheridan Streets, Barangay Highway Hills, Mandaluyong, Metro Manila, Philippines |
| Coordinates | 14°34′23.86″N 121°3′15.29″E |
| Construction started | 2011 |
| Opening | December 23, 2013 |
| Cost | ₱6 billion |
| Owner | TV5 Network |
| Technical details | |
| Floor count | 9 |
| Floor area | 6,300 square metres (68,000 sq ft) |
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The construction of TV5 Media Center began In January 2011 in the site where a former PLDT warehouse was located, ten months after TV5 was acquired by MediaQuest Holdings, a media conglomerate of PLDT, from the consortium led by former PLDT Chairman Antonio "Tony Boy" Cojuangco, Jr. and Malaysian media conglomerate Media Prima. The media center was the network's effort to update its existing technologies for a seamless transition to digital broadcasting and to acquire a clearer broadcast signal, as well as to consolidate business and studio production operations from its original Novaliches broadcast facility, which was used from ABC/TV5's reopening in 1992, the Delta Theater in Quezon City, Broadway Centrum in New Manila (previously owned by GMA Network), the Marajo Tower in Bonifacio Global City and the L. V. Locsin Building in Makati.
The construction of the new facility included two phases. The first phase was the construction of the news department, and its target completion was the fourth quarter of 2011. The second phase involved the entertainment department, which was targeted for completion the following year. ₱6 billion of capital expenditures from the parent MediaQuest was used in constructing the facilities. However, the restricted cash flow in the earlier years of construction caused a delay in completion. The first phase was completed in December 2013, while the second phase was targeted to be completed in November 2016. The main corporate and broadcast operations of TV5 Network, Inc. were transferred to the new facility between the said dates. However, TV5's transmitter and production of some programs remained in the original Novaliches studios.
In 2017, Phase 2 of TV5 Media Center was renamed to "Launchpad Center", which serves as the headquarters of Voyager Innovations, Inc.[2] The 3rd floor serves as the staff office of Pilipinas Global Network Ltd. Some of the network's subsidiaries are also based here. MQ Digital. Also, the management and staffs of MQ Studios and MQ Play.
The TV5 Media Center is composed of one 9-story corporate building and two 8-story buildings which house six ultramodern TV studios used by the programs of TV5 and One Sports as well as Cignal-exclusive channels (One News, One PH and One Sports+), particularly Studio 4 currently uses for Eat Bulaga!, Studio 5 for news programs, Studio 6 for Face to Face: Harapan and QuizMosa, radio booths for 105.9 True FM, post-production facilities, newsroom and staff offices of News5, Cignal Entertainment and Sports5, voice-over room and office spaces.[3] The 5th floor serves as the main office of Cignal TV and management, and talent development MQ Artists Agency.
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