February 1, 1967, the corporate name of BEC was changed to ABS-CBN Broadcasting Corporation (later known simply as ABS-CBN Corporation since May 27, 2010 although the ABS-CBN Broadcasting Corporation name is still used alternatively nowadays). Also, during this year, Radiowealth Inc. pioneered in the production of 19-, 21- and 25-inch models of color TV sets. Moreover, it was favored by advertisers like Procter and Gamble, Philippine Refining Company, Colgate-Palmolive, Del Rosario Brothers, and Caltex. In 1969, Filipinos witnessed the live television coverage of the Apollo 11 historic moon landing. It was the first live telecast via satellite in the country. Channels 5, 7 and 13 tied up for the said project, while ABS-CBN produced its own color coverage. On November 14, 1969, DZAQ-TV would transfer from channel 3 to channel 2, while its sister station DZXL-TV transferred from channel 9 to channel 4. On October 15, 1969, Kanlaon Broadcasting System (KBS) would launch its television network with DZKB-TV Channel 9, which would broadcast in full color. By the late 1960s, news and public affairs programs were pioneered by ABS-CBN and ABC. The Big News (in English) on ABC's DZTM-TV Channel 5 and The World Tonight (in English) on ABS-CBN's DZAQ-TV Channel 2 were the first news programs on Philippine television, followed in that same period by Newswatch (in English) of KBS's DZKB-TV Channel 9. ABS-CBN pioneered Filipino language news programming in the primetime slots, with DZAQ-TV Channel 2 having Balita Ngayon and DZXL-TV Channel 4 having Apat na Sulok ng Daigdig, with Orly Mercado as its first presenter. By 1971, the Philippines, through Radiowealth Inc., had become the third country in the world to manufacture color TV sets. By January 1972, the growth of the Philippine television industry was unstoppable. Aside from ABS-CBN's pioneer satellite broadcasts, stations opened up one after the other in many parts of the country beginning in 1961, when DYCB-TV Channel 3, the pioneer provincial television channel, was opened in Cebu City, bringing four hours of locally produced programming with relays of Manila programs. Martial law era (1972–1986) When President Ferdinand Marcos declared martial law in September 1972, he ordered the takeover of media firms. Government troops entered radio and television stations and placed them under military control. All media outlets that were critical of the Marcos administration were padlocked and sequestered. ABS-CBN was seized by the Office of Press Secretary and the National Media Production