Prage Explained

Prage Management Corporation
Foundation:2018
Founder:Rey Marfil
Gil Cabacungan, Jr.
Brands:Abante
Politiko
Bilyonaryo
Abogado
NewsKo
Fastbreak
Celebrity Radar

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

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

Politiko

See main article: Politiko (website). 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

See main article: Abante. 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

Bilyonaryo
Type:Online news website (finance)
Current Status:Online

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

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

Notes and References

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