Fifth Republic (since 1986)
After the People Power Revolution, the Office of Media Affairs was abolished, followed by both the NMPC and the BB. Under Executive Order No. 297, on the basis of the OMA, President Corazon Aquino reestablished the Bureau of Broadcast Services (BBS) and reinstated PBS as the network under the Office of the Press Secretary's control, which led to the formation of a national radio service based on the stations in which both the NMPC and BBS had, with the PBS hosting two national AM stations and a national FM station in Manila and a number of provincial owned-and-operated and affiliate stations in the country's administrative regions. During the last months of the Aquino administration, PBS along with its TV counterpart, People's Television Network transferred its offices from ABS-CBN Broadcasting Center complex to PIA/Media Center Building in Visayas Avenue, Quezon City, Metro Manila, on January 22, 1992.
On January 2, 1995, PBS relaunched its flagship station (DZFM) as Radyo ng Bayan.
During the first years in the administration of President Benigno Aquino III, the PBS-BBS was transferred to the newly created Presidential Communications Operations Office (PCOO), after the OPS was abolished.
In the beginning of 2017, PBS relaunched its FM radio service with the relaunch of FM2 and the debut of FM1 as well, forming the basis of the national FM radio division under the agency, which was later reinforced by the launch of FM1 Davao, the first state-owned regional FM radio station serving Metro Davao.
On June 5, 2017, as part of the network's 70th anniversary, PBS relaunched its flagship brand Radyo ng Bayan as Radyo Pilipinas. Three months later, on September 18, sports station DZSR merged its programming with infotainment/cultural station DZRM and became Radyo Pilipinas Dos.
On July 16, 2018, PBS-BBS and G Sat signed a Memorandum of agreement allowing PBS-BBS to add its channels to its G Sat radio channel lineup.[3]
In October 2019, China donated over PHP130 million worth of radio broadcast equipment to the PCOO's Philippine Broadcasting Service (PBS). The donation includes live broadcast room equipment, FM broadcast transmitter equipment, and medium wave transmitter equipment. The Presidential Communications Operations Office (PCOO) will soon begin the rehabilitation of at least 14 (10 AM and four FM station) PBS Radyo Pilipinas stations nationwide.[4][5] In 2021, the PBS welcomed a new network into the ranks – Radio Kidlat, a community radio network owned and operated by provincial electric cooperatives.
During his first State of the Nation Address, President Rodrigo Duterte announced that Congress would pass a proposed law merging the PBS with its TV counterpart, People's Television Network to form the People's Broadcasting Corporation (PBC), which serves a unified broadcasting entity of the republic encompassing radio, television, print and online media.
On April 10, 2023, DZRM officially rebranded as Radyo Pilipinas Tres which will serve as the country's public service station that aims to give information for disaster preparedness, bulletins and updates, and information dissemination.
Under Executive Order No. 16 series of 2023 (Reorganizing the Presidential Communications Office) issued in February 2023, the Philippine Broadcasting Service was renamed as the Presidential Broadcast Service – Bureau of Broadcast Services.[6]