[2] AMCARA owned and operated a number of UHF television stations in the provinces affiliated with ABS-CBN Sports and Action (S+A, formerly Studio 23).
DWAC-TV was acquired from Ermita Electronics Corporation in July 1996, which initially owned the frequency of the station that began airing in May 1992 from a densely populated commercial area in Quezon City with a rebroadcast of MTV Asia, then telecasting from the STAR TV platform.
It was later showing Channel [V] refeeds from 1994 onwards as MTV made the decision to split from STAR and form its own satellite TV portal in Asia.
Five years later, MTV Asia acquired a new local UHF frequency and Studio 23 formally became a full station, adopting rebroadcasts of its in-house music cable channel Myx to fill in the void left by MTV Asia, and came up with intensified programming led by the popular reality TV game show Survivor, and several top-rated shows from the United States like 7th Heaven, Will and Grace and Charmed, among others.
The date was brought forward and ABS-CBN Corporation's acquisition of a 49% controlling stake in AMCARA Broadcasting Network ended in 2009.
[6][7] On January 24, 2019, ABS-CBN divested its 49% stake in AMCARA to one of the majority shareholders Rodrigo V. Carandang (who is also the chief of TV5 Network engineering).
On the same day, the NTC and Solicitor General Jose Calida released two alias cease-and-desist orders against Channel 43 on ABS-CBN TV Plus, as well as satellite service Sky Direct to stop further broadcasts.
[10] Cavite 7th District representative and Senior Deputy Majority Leader, Jesus Crispin Remulla, called the block-time arrangement a dummy relationship, fraud, and a usufruct.