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,...
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...
Lopez Holdings Corporation reported a 135 percent jump in attributable net income to P2.47 billion in net income attributable to equity holders of the first six months of 2022 from the P1.05 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
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,...
Indefatigable action hero Cardo Dalisay said goodbye to fans recently via social media. Using the Instagram account of his alter ego, actor-director-film producer Coco Martin, he posted a photo of him riding off the sunset in a classic military green Jeep. https://www.instagram.com/p/ChL3YrUva7G/...
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...
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...
“If we always helped one another, no one would need luck.” —Sophocles No matter where in the world you find yourself in, ask a Filipino about bayanihan and, chances are, he will tell you stories where he has received or was given help to get people back on their feet without asking for...
