Prage

Prage Management Corporation
Company typePrivate
IndustryMass media
Founded2018
FounderRey Marfil
Gil Cabacungan, Jr.
Headquarters3/F Karrivin Plaza Bldg., 2316 Chino Roces Avenue Extension, Makati, Philippines
BrandsAbante
Politiko
Bilyonaryo
Abogado
NewsKo
Fastbreak
Celebrity Radar
ServicesPublishing, Broadcasting, Digital media, Content creation
Websitepragemanagement.com

Prage Management Corporation is a Philippines-based mass media outlet. Founded in 2018, the company owns the tabloid newspaper Abante, and multiple digital news websites including Politiko, Bilyonaryo and Abogado.[1]

History

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Prior to the formation of Prage, Politiko was launched in 2014.

Prage was founded in 2018 as a start-up led by seasoned journalists, former Presidential Communications Operations Office Undersecretary Rey Marfil, former Philippine Daily Inquirer senior reporter, Gil Cabacungan, Jr., and a group of investors.

Assets

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Politiko

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Politiko, under its website Politics.com.ph, is a joint co-ownership of Prage and MCD Multimedia Corporation. The website focuses on politics-related news and current events.[2]

Abante

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Abante and its sister publication Abante Tonite are tabloid newspapers published daily. Prage acquired the tabloid newspapers from Monica Publishing Corporation of the Macasaet family in October 2017.[3]

Bilyonaryo

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Bilyonaryo
Type of site
Online news website (finance)
URLbilyonaryo.com
Launched2015; 9 years ago (2015)
Current statusOnline

Bilyonaryo is a digital news website which primarily produces news articles related to business and finance. It was founded in 2015 by former Inquirer senior reporter Gil Cabacungan, Jr. with the purpose of highlighting billionaires and their presence in the business sector. Prage took over the website in 2021.

In 2022, Bilyonaryo made its first venture outside of its core website with the weekly TV program Usapang Bilyonaryo.[4] In 2024, Prage launched its own digital channel Bilyonaryo News Channel.[5]

Other assets

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In addition, Prage also operates multimedia brands like Abogado (law and legal issues), NewsKo (periodical news), Fastbreak (sports), and Celebrity Radar (entertainment).

References

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  1. ^ "Prage Management Corporation". Media Ownership Monitor. VERA Files. Retrieved October 10, 2024.
  2. ^ "Top media Sites in the Philippines". politics.com.ph. May 8, 2016.
  3. ^ "Prage Management Services bagong may-ari ng Abante". Abante TNT. Retrieved July 11, 2018.
  4. ^ de Leon, Richard (December 18, 2022). "'I now have a new home on TV!' Ces Drilon, pumirma ng kontrata sa CNN Philippines". Balita (in Filipino). Retrieved January 5, 2023.
  5. ^ "From online to on-air: Bilyonaryo.com partners with CIGNAL TV for new news channel". Bilyonaryo.com. June 5, 2024. Retrieved August 27, 2024.