Pilipinas Global Network Limited (“PGN Limited”) is an international business company incorporated in the British Virgin Islands pursuant to the BVI Business Companies Act of 2004 on March 16, 2011. It is a joint venture between Philippine Long Distance Telephone Company (“PLDT”), the largest and leading telecommunications company in the Philippines, and TV5 Network, Inc. (“TV5″), the operator of TV5, the fastest growing terrestrial channel in the Philippines. As an international business company primarily engaged in international trade with affiliates, subsidiaries or branch offices in the Asia Pacific Region and other foreign markets, it distributes and offers media content and other innovative services via different platforms.
To further its business objectives and better serve the Filipino market around the world, it has set up the following entities as of April 2011: PGN (Canada) Ltd., a limited company based in the province of British Columbia, Canada; and PGN (US) LLC., a limited liability company incorporated in Delaware and registered to do business in the State of California.
Currently, PGN Limited acts as the sole and exclusive distributor and licensee of the programs, shows, films and channels of TV5. It distributes these media content via syndication and via its international linear channels, namely: Kapatid TV5 and AksyonTV International.