April 1997 Incorporation of Philippine Multi-Media System, Inc. (PMSI)
   
  February 6, 1998 Congress passed into law Republic Act No. 8630 which granted PMSI a franchise to construct, install, maintain and operate for commercial purposes and in the public interest, television and radio broadcasting in the Philippines. The franchise term is 25 years.
     
  February 1, 2000 The NTC granted a provisional authority to engage in Direct-To-Home (DTH) satellite services.
     
  February 7, 2001 PMSI inaugurates its Dream Broadcasting Center at Clark Development Center
     
  April 22, 2001 Commercial launch of DREAM Broadcasting System, the first DTH system in the Philippines