Progressive Broadcasting Corporation (PBC) is a Philippine radio and television network owned by businessman Alfredo L. Henares with 70% equity share together with Joselito N. Pedero (15.3%) and Dennis T. Villareal (14.5%). The company was registered in the Philippine Securities and Exchange Commission (SEC) on October 6, 1986. Its studios are located at Unit 4002 Summit One Tower, Shaw Boulevard, Mandaluyong. PBC derives most of its income by selling airtime to blocktimers.