IBC-13 started in 1960 as Inter-Island Broadcasting Corporation owned by then owner of San Miguel Corporation Andres Soriano Sr.. Former president Ferdinand E. Marcos’ known crony, Roberto Benedicto, later on acquired the station. After the 1986 People Power Revolution, the Philippine government through the Presidential Commission on Good Government (PCGG), sequestered the station as part of the recovery of the Marcoses’ ill-gotten wealth. Though the Philippine government still owns IBC, the channel is run more like a private corporation; it doesn’t get financial support from the government and relies on revenue for its operations.
Ang IBC 13 ay nag umpisa noong 1960 bilang Inter-Island Broadcasting Corporation na pag-aari ng noo’y may-ari ng San Miguel Corporation na si Andres Soriano Sr.. Ang kilalang crony ni dating Pangulong Ferdinand E. Marcos, si Roberto Benedicto ang nakakuha ng istasyon noong kinalaunan.Matapos ang 1986 People Power Revolution, inilit ng gobyerno sa pamamagitan ng Presidential Commission on Good Government (PCGG) ang istasyon bilang bahagi ng pagbawi sa nakaw na yaman ng mga Marcos. Bagaman pag-aari pa rin ng gobyerno ang IBC, ang himpilan ay tumatakbo na parang pribadong korporasyon; hindi ito kumukuha ng pinansiyal na suporta mula sa gobyerno at umaasa sa kita ng istasyon para sa sariling operasyon.