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What you should know about the TV5-ABS-CBN deal?
The two media entities announce that they have officially signed their much-talked-about collaboration, on Thursday, August 11. Lopez-owned ABS-CBN and Manny V. Pangilinan’s MediaQuest Holdings Inc. are now under the same corporate banner. This is following months of speculations and teasing from both media entities, that a formidable partnership will usher in Philippine broadcast industry. […] More
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Kapamilya, Kapatid personalities celebrate ABS-CBN-TV5 joint venture agreement
Several Kapamilya and Kapatid personalities warmly welcomed the historic joint venture between broadcast giants ABS-CBN and TV5. On Thursday, August 11, ABS-CBN and TV5 signed a partnership deal, expected to shake up the Philippine TV landscape. ABS-CBN and TV5 executives were present to seal the agreement to bring more airtime and much-wider audience reach for […] More
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ABS-CBN and TV5 deal gets Positive Review from Stock Market Analysts; Private Think Tank Group sees no violations in Landmark Deal
As the country is about to witness the TV comeback of Darna, the media companies that will broadcast the much-anticipated series announce a landmark partnership deal that received positive response from stock market analysts and a private think tank group. Mars Ravelo’s Darna, which stars Jane De Leon, Joshua Garcia, and Janella Salvador, is poised […] More
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TV5 and ABS-CBN announce landmark deal
ABS-CBN Corporation (“ABS-CBN”) and TV5 Network, Inc. (“TV5”), today announced the execution of an Investment Agreement that will allow ABS-CBN to acquire 6,459,393 primary (new) common shares in TV5 representing 34.99% of the total voting and outstanding capital stock of TV5 for an aggregate subscription price of Php2.16Bn. After the consummation of this subscription, the […] More
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ABS-CBN’s investment in TV5 to shake up Philippine TV industry
Exciting times are ahead in the local media and entertainment landscape as ABS-CBN officially announced its plans to invest in TV5 – a move that is seen to spice up competition among major industry players. Manuel V. Pangilinan, Chairman of Mediaquest Holdings said, “We welcome the entry and investment of ABS-CBN in TV5, as ABS-CBN […] More
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ABS-CBN Corp, ABS-CBN Holdings soar in the stock market as a venture with TV5 reaches the closing stage
The sudden upsurge came on the heels of PLDT and TV5’s Chairman’s pronouncement that the much-talked-about deal with ABS-CBN is already in its closing stage. ABS-CBN Corp is finding a renewed energy in the stock market, as investors and stockholders anticipate to bounce back ahead of the much-talked-about joint venture the media giant is about […] More
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ABS-CBN, TV5 partnership: Manny Pangilinan confirms that the networks’ joint venture could be signed soon
On August 4, TV5 chairman and business tycoon Manny Pangilinan (MVP) said that their joint venture with ABS-CBN is at its ‘closing stage’ and is bound to be signed. “It’s fair to characterize that we’re at the closing stages. I think the likelihood of an agreement with them is high, and it’s near,” Pangilinan said […] More
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ABS-CBN continues to boost its manpower, hires more employees
It looks like the broadcast giant ABS-CBN has already weathered their recent big storm as they started to hire more and more employees. The Network’s Career Portal posted at least 30 job positions available to be filled [mostly] in Marketing Departments, Finance, and Creatives. The Network’s manpower boost could have link to its President and CEO […] More
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ABS-CBN president and CEO Carlo Katigbak teases about the network’s ‘return to profitability in the near term’
The company’s profits took a nosedive following the denial of its legislative franchise application in July 2020. The ABS-CBN’s full recovery is just around the corner. That seems to be what the president and CEO, Carlo Katigbak was trying to imply during the annual shareholders’ meeting of the company, held on July 28. Given the […] More
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ABS-CBN assures stockholders of a brightening future for the network
ABS-CBN’s Chief Executive Officer Carlo Katigbak is optimistic that the Kapamilya network will return to its financial fitness shortly. During their annual stockholders’ meeting, Katigbak was in high spirit as he assured their investors of the ABS-CBN’s brightening future. Katigbak reported that in the first quarter of the year, ABS-CBN narrowed its net loss to […] More
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ABS-CBN to focus on content distribution; Not keen on the new broadcast franchise
Media giant ABS-CBN is not keen on focusing on getting a new broadcast franchise. According to ABS-CBN President and CEO Carlo Katigbak, the network is currently not inclined to aggressively push for a fresh franchise that will bring them back to free TV broadcast. During their annual stockholders’ meeting on Thursday, July 28, Katigbak said […] More
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MediaQuest Holdings Inc. chairman Manny V Pangilinan reportedly insists on getting more than a 50% stake in the rumored alliance with ABS-CBN
The said merger is reportedly in its final stage as both ABS-CBN and TV5 try to iron out several creases of the deal. Manny V. Pangilinan, the chairman of the media conglomerate, MediaQuest Holdings Inc, is reportedly taking his time, before sealing the widely talked-about TV5-ABS-CBN alliance. The said collaboration is said to see both […] More
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Businessman Louie Cristobal ventures into talent management via BLVCK Entertainment; shares that Bobet Vidanes watches his back always
The businessman expressed how much he trusts the Lunch Out Loud director over biz decisions he makes, especially on venturing into the talent management field. Louie Cristobal, an entrepreneur and businessman, and husband of the singer, Grace Cristobal, takes pride in 16 years of venturing into various businesses. He said he currently runs at least […] More
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Manny V. Pangilinan keeps his lips sealed over the rumored partnership with ABS-CBN
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 […] More
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ABS-CBN Corp. sees spike in price, volume traded at the stock market amid TV5-ABS-CBN media collaboration news
The company soared to a three-week high and saw its highest volume traded, in two months, as rumors of its ‘big time’ media collaboration with Manny V. Pangilinan’s TV5 amplify. ABS-CBN continues to make the strides in recovery through its pivot to digital media after losing its broadcast franchise in 2020. Last May, the company […] More
