Giant networks ABS-CBN and TV5 announced on Sept. 1 that they have mutually agreed to terminate an investment partnership. The full statement issued by both networks: "In disclosures to both the Philippine Stock Exchange and the Securities Exchange Commission today, Sky Vision Corporation (“Sky...
SAGIP Party-list Rep. Rodante Marcoleta has said that he "pities" showbiz personality and comedian Ogie Diaz, who recently told him to "move on" from the ABS-CBN issue. SAGIP Party-list Rep. Rodante Marcoleta (left) and Ogie Diaz Marcoleta responded to Diaz's statements during a recent interview...
The partnership between media giants ABS-CBN and TV5 is ‘above board,’ and that the move will advance press freedom, says ACT-Teachers Party-list Rep. France Castro. TV5 logo (top) and ABS-CBN logo (Wikipedia) “Lumalabas sa pahayag ng PCC (Philippine Competition Commission) na sinasabi dito...
Albay 1st district Rep. Edcel Lagman felt the need Thursday, Aug. 25 to encourage the people behind ABS-CBN and TV5 to follow through their deal after it was publicly assailed during a House briefing the previous day. Albay 1st district Rep. Edcel Lagman (Facebook) Lagman, in a statement, told...
As far as the Philippine Competition Commission (PCC) is concerned, local networks ABS-CBN and TV5 didn't have to notify or seek its permission regarding their recent acquisition deal. (Screenshot from Zoom meeting) This was relayed by PCC officer-In-charge Commissioner Johannes Bernabe to...
SAGIP Party-list Rep. Rodante Marcoleta scolded National Telecommunications Commission (NTC) Chairman Gamaliel Cordoba Wednesday, Aug. 24 for supposedly being remiss in investigating the shuttered ABS-CBN after the House of Representatives denied the network's application for franchise renewal back...
HISTORIC AGREEMENT: Mediaquest and ABS-CBN officially announce their partnership to strengthen its free to air network. Present are (L-R) Smart & PLDT President & CEO Alfredo S. Panlilio, Mediaquest Holdings President & CEO Jane J. Basas, Mediaquest Holdings Chairman Manuel V....
Buckling to political pressures, ABS-CBN Corporation and TV5 Network have decided to delay the closing of their agreement which would allow ABS-CBN to acquire up to 49.92 percent of TV5. “To address the issues which have been raised by certain legislators and the National Telecommunications...
Albay 2nd district Rep. Edcel Lagman has "corrected" the claim that the recent deal between the shuttered ABS-CBN and TV5 violated the latter network's franchise. TV5 logo "There is no franchise issue," Lagman, an independent minority solon, said in a letter to House Speaker Martin Romualdez on...
Two congressmen have filed House resolutions (HRs) seeking an inquiry in aid of legislation on the recent partnership that was forged by local media giants TV5 and ABS-CBN. TV5 logo (top) and ABS-CBN logo (Wikipedia) READ: https://mb.com.ph/2022/08/11/tv5-abs-cbn-announce-landmark-deal/...
Parañaque City 2nd district Rep. Gus Tambunting said it was his decision to remove the briefing on the ABS-CBN and TV5 deal from the agenda of the Committee on Legislative Franchises, which he chairs. Parañaque City 2nd district Rep. Gus Tambunting (Facebook) The reason for removing it on the...
ACT Teachers Party-list Rep. France Castro spoke on the recent ABS-CBN and TV5 deal Thursday, Aug. 18 and her views turned out to be opposite to that of SAGIP Party-list Rep. Rodante Marcoleta's. ACT-Teachers Party-list Rep. France Castro (left) and SAGIP Party-list Rep. Rodante Marcoleta Castro,...
