The Manila Chronicle was one of the newspapers that stopped publication 48 years ago following the declaration of Martial Law by the late President Ferdinand Marcos in September 1972. The Lopezes owned The Chronicle making it a sister company of ABS-CBN Corp. and ABS-CBN Holdings Corp. The Manila Electric Co. (Meralco) was also among the companies that used to belong to the Lopezes.
The common stocks of ABS-CBN were publicly traded until it stopped airing the news of the night, courtesy of the National Telecommunication Commission (NTC), which issued a cease-and-desist order against it to stop broadcasting.