TV5 Chairman Manny V. Pangilinan has kept his mouth shut over the rumored partnership with ABS-CBN.
On June 27, during the contract signing of Metro Pacific Investments Corporation (MPIC) and Carmen’s Best Group, Pangilinan said that nothing final yet.
“Nothing is being finalized. We’re under a confidentiality agreement at saka, you know, we have to obtain government approval first. So it’s probably not appropriate to comment at this stage,” Pangilinan said.
Rumors are saying TV5 and ABS-CBN Networks will join forces on a new station ID featuring artists from Kapatid and Kapamilya Network, marking the partnership between the two.
In June 2022, media giants ABS-CBN and Manny Pangilinan-controlled MediaQuest Inc were forging a new partnership that will allow the two networks to combine resources, including production news gathering and operation.
ABS-CBN and TV5 started their partnership in January 2021 when TV5 started airing Kapamilya noontime musical variety show ASAP Natin To and FPJ Da King.
The partnership got further expanded in March 2021 as ABS-CBN’s primetime teleserye line-up was also aired on TV5, giving it a big boost in its ratings.
