The briefing on the recent deal between the shuttered ABS-CBN and TV5 has been removed from the agenda of the House Committee on Legislative Franchises meeting that was scheduled for Thursday, Aug. 18. The House plenary (Ellson Quismorio/ MANILA BULLETIN) This was discovered by House reporters on...
The House Committee on Legislative Franchises has taken notice of SAGIP Party-list Rep. Rodante Marcoleta's denunciation of the recent deal between the shuttered ABS-CBN and TV5. TV5 logo (top) and ABS-CBN logo (Wikipedia) The committee, which is chaired by veteran solon Parañaque City 2nd...
At least two consumer groups have expressed support to the merger of TV-5 and ABS-CBN which is being questioned by some critics. In a statement, CitizenWatch Philippine convenor Orlando Oxales described the merger as good news to the public as it would help democratize the dissemination of...
SAGIP Party-list Rep. Rodante Marcoleta claimed that the merger between ABS-CBN and TV5 violated a provision in the franchise of the latter. SAGIP Party-list Rep. Rodante Marcoleta (Facebook) Marcoleta highlighted this during his privilege speech during the plenary session Monday, Aug. 15, wherein...
The recent deal between ABS-CBN and TV5 "left a bad taste in the mouth", said SAGIP Party-list Rep. Rodante Marcoleta, who still sounded very upset over the supposed misdeeds of the shuttered "Kapamilya" network. SAGIP Party-list Rep. Rodante Marcoleta (Screenshot from Facebook live) "Last week,...
SAGIP Party-list Rep. Rodante Marcoleta warned officials of three agencies that they would be summoned by the House of Representatives "in proper time" if they fail to address the issue on the deal between shuttered media giant ABS-CBN and TV5. SAGIP Party-list Rep. Rodante Marcoleta (Ellison...
ABS-CBN Corporation (ABS-CBN) and TV5 Network, Inc. (TV5), Thursday (August 11) executed an Investment Agreement allowing ABS CBN to acquire 6,459,393 primary (new) common shares in TV5, representing 34.99 percent of its total voting and outstanding capital stock, for P2.16 billion. After the...
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....
SAGIP Party-list Rep. Rodante Marcoleta is prodding the Philippine Competition Commission (PCC) to look into the potential deal between the shuttered media giant ABS-CBN and TV5. SAGIP Party-list Rep. Rodante Marcoleta (Facebook) This, as Marcoleta described the venture as a possible "circumvention...
Businessman Manuel V. Pangilinan (MVP) revealed on Thursday that the joint venture between ABS-CBN and TV5 is near completion. Speaking at sidelines of the PLDT financial briefing, he said, “We have been having discussions with them for over a year. But it is fair to characterize it as we’re in...
“Ang dating magkatapat, ngayo’y magkapatid na." This is what reporter MJ Farfori said in a news report on “Frontline Pilipinas” recently relating to “It’s Showtime” supposedly merging with “Lunch Out Loud,” for “back-to-back” entertainment. No details were given. ABS-CBN has...
Mall shows and gatherings are definitely back for families, friends, shoppers, and patrons as Robinsons Malls open its doors for TV5’s exciting activities in line with their upcoming entertainment programs this May. In partnership with Robinsons Malls, TV5 and Cignal TV are set to jumpstart a...
