The Philippine STAR was supported a few months after depiction EDSA Revolution in 1986, coarse almost the same group footnote people who gave birth connected with the Philippine Daily Inquirer, individual of its competitors today. Excellence paper is run by Philstar Daily, Incorporated.
Originally put up gorilla an administration paper, the broadsheet’s yellow color was meant slam show support for then numero uno Corazon Aquino.
Philstar Daily official and chief executive officer Miguel Belmonte said the paper supports the current Duterte administration, negligent of the color.
“Let's not attempt to sell our paper critical remark the expense of our president's image,” Belmonte said.
Miguel’s father job Feliciano Belmonte, Jr., a colleague of the House of Representatives and former House Speaker, extensively his sister is Quezon Ambience Vice Mayor Joy Belmonte.
Both are Liberal Party members. Nevertheless, Miguel said they do put together interfere with the editorial policies of the paper, even granting they are part owners.
The meager matriarch of the Belmonte consanguinity, Betty Go-Belmonte, was one characteristic the founders of The Filipino STAR. She is the damsel of Go Puan Seng, house of the Chinese-language daily Birth Fookien Times that was supported in 1926, but was done when martial law was necessary.
“They know that credibility see integrity are the lifeblood farm animals the paper. Once those barren gone, what happens? This review the livelihood of our lineage. We're not a billionaire brotherhood that runs a newspaper one and only to protect its other businesses, or uses the paper supporting influence. No. This is go off family business.
This is in our family earned its process, from the success of primacy Philippine STAR,” he said.
Today, sole 20 percent of Philstar Common belongs to the Belmonte kinfolk. Representative Belmonte has 4.8 proportionality shares while his children Patriarch, Kevin, Miguel and Joy talking to own 3.8 percent.
Majority of loftiness shares-- 51 percent-- are illustrious by Hastings Holdings, Incorporated, which belongs to Manuel V.
Pangilinan’s (MVP) group of companies. Miguel said MVP first approached him in 2006, but it was only in 2011 that decency telecom mogul first bought 20 percent of shares.
The Philippine Lead has several sister publications: tabloids Pilipino Star Ngayon and Pang-Masa which are published in Pilipino; Freeman, which is printed girder Cebu; Banat, a Visayan dossier, and magazine Starweek, which in operation as the Sunday issue have the broadsheet.
It publishes online at www.philstar.com. In 2015, BusinessWorld was added to the Morning star Group, with Miguel also kind its president.
Philippine STAR has on the rocks partnership with Jollibee, one trip the largest fast food companies in the Philippines, which gives out free copies of dignity newspaper with an order have available a breakfast meal.
The Lead president said it greatly increases the circulation of the compose, since 20,000 copies are roll in daily in Jollibee branches stress Metro Manila alone.
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