It was signed into law under Republic Act 9773 in 2009, initially its broadcast operations only limited covering the Eastern Visayas region.

The company's legislative franchise was later amended in 2020 under Republic Act 11508, allowing PCMC to operate national broadcast without President Rodrigo Duterte's signature after the bill lapsed into law after 30 days of inaction.

[4] PCMC launched its own FM network Favorite Music Radio (or FMR, based on the owner's initials), with its flagship station DYDR in Tacloban was relaunched under the said brand.

[5][6] In May 2021, PCMC and Prime Media Holdings, Inc. (PMHI/PRIM), a publicly-traded investment firm involving real estate and hospitality, signed a share-for-share swap agreement through a backdoor listing.

[7][8][9] With the expansion of its radio and television operations, the company is expected to launch a national TV network with its plans to collaborate with several content providers (among them is ABS-CBN Corporation).