Philippine Broadcasting Service, also known by its government agency Bureau of Broadcast Services , is a state radio network in the Philippines. It is owned by the Philippine government under the Presidential Communications Operations Office. PBS operates national radio brands: Radyo Pilipinas, FM1 and FM2. PBS, along with its television network counterpart People's Television Network and sister media companies Radio Philippines Network and Intercontinental Broadcasting Corporation, forms the media arm of the PCOO.As one of the attached agencies of the PCOO, the PBS/BBS receives funding from the General Appropriations Act and sales from blocktimers and advertisers, among others.