CONTRACT SIGNING - Paolo Contis (2nd from left) and Yorme Isko (3rd from right) pose after they signed a long-term contract with 'Bagong Eat Bulaga on Saturday, July 8. Also in the photo are executives of TAPE, producer of the show.

TAPE, Inc. doused the fake news raging like wildfire in social media that the recently relaunched "Eat Bulaga" will soon go off the air on July 29, 2023.

A matter of proof - "Eat Bulaga" is having its month-long celebration, the 44th anniversary of the longest-running noontime show. It peaks on July 29, as its "Big Day."

TAPE's legal counsel Atty. Maggie Garduque said: "There's no reason for that... We don't contest that on July 1, 'Eat Bulaga's' rating was low because of the anticipation of people on the launch of the other new shows, but thereafter, its rating has been picking up."

Paolo Contis (left) and Yorme Isko

The new EB hosts are going through birth pains, so to speak. They're being bashed in social media, and fake news like this crops up.

TAPE top brasses say they're happy with the performance of their new hosts, the ratings, and the inflow of commercial loads.

A matter of fact, today, Saturday, July 8, main hosts Paolo Contis and Yorme Isko Moreno signed a long-term contract with TAPE.

Paolo Contis said: "I'm very thankful for TAPE's trust in me and Yorme... Both of us are committed to delivering help and fun to our viewers for a long time so we consider this an important day. Like we always say, 'Eat Bulaga' will stay as long as its audience is there. They are 'Eat Bulaga,' not the hosts."

Similarly, Yorme Isko Moreno said: "Thank you very much to the Creative and Production staff of 'G sa Gedli.' Paolo and I share the same goal of the new  'Eat Bulaga' -- to give out help and have fun. This time, the viewers are our priorities."

Lawyer Maggie Garduque clarifies: "Regarding the issue that 'Eat Bulaga' will end on July 29, 2023, this is not true. If anything ends on July 29, it's the 43rd year of 'Eat Bulaga,' because on the same date, we'll celebrate the 44th anniversary of 'EB...'

"On that day, EB has plenty of surprises that televiewers shouldn't miss.

"TAPE's contract with GMA Network is until 2024, so 'Eat Bulaga' is committed to giving fun, entertainment, and help to all our Kapuso until its 45th year and beyond.

"With the directive of our President and CEO Romy Jalosjos, we are starting to professionalize everything also, like doing contract-signing with employees and talents as this does not only benefit the company but more so the talents and employees who will be secured of the terms and conditions of their engagements.

"EB President and CEO Romy Jalosjos shares his confidence in the new EB hosts. He's also happy with the developments on the show.

"The new EB show is fun, and the rating would speak for itself... This is a testament that people like the show. Thus, apt for the execution of a long-term contract with the hosts, starting with Yorme and Paolo, the other hosts will also be signing the long-term contract next week," concluded Atty. Garduque.

Present at the contract signing were TAPE, Inc. President and CEO John Jalosjos, Chief Finance Officer Mayor Bullet Jalosjos, and Sparkle VP Joy Marcelo.