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Dingdong Dantes confirms he’s saving for the 88th branch of Mesa
On October 26, Kapuso actor Dingdong Dantes confirmed that he plans on saving up for the 88th branch of Mesa. During his contract renewal with Mesa at the Rockwell Powerplant Mall, which LionhearTV covered, Dantes cited how much he believed in Mesa’s brand. “Sabi ko nga kay Mr. Dee, both in my right and my […] More
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JKN Global acquired a 100% share of Miss Universe Organization
The Thai celebrity media tycoon and transgender rights advocate Jakapong ‘Anne’ Jakrajutatip announced that her company, JKN Global Group Pcl, bought 100% of the total shares of the Miss Universe Organization for US$20 million on October 26. Her acquisition of the beloved franchise showcasing the beauty and grace of empowered women made history, as it […] More
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Thai billionaire Anne Jakkapong Jakrajutatip takes ownership of the Miss Universe organization!
The acquisition marks the first time the seven-decade organization gets owned by a woman, or trans-woman, in Jakrajutatip’s case. The Miss Universe is no longer owned by the American holding company, Endeavor (IMG), as Thai billionaire Anne Jakkapong Jakrajutatip has just taken possession of the organization, as announced today, October 26. The organization, and all […] More
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Premier BPO sets up Eastwood City workspace; highlights the Philippines as key to the company’s growth!
The expansion reflects the company’s impressive growth in the Philippines as it continues its efforts to tap the country’s skilled and talented workforce. Premier BPO is forging ahead to create a stronger and bigger presence in the country. Just recently, the company opened its Eastwood City office in Manila. The new office offers an excellent […] More
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GMA Network’s Felipe Gozon backtracks previous statement regarding their digital box ‘Affordabox’
GMA Network CEO and Chairman Felipe Gozon changed his tone with his previous statement regarding its digital TV receiver Affordabox. In 2020, following the shutdown of ABS-CBN due to its lapsed franchise and the subsequent killing of Congress on its franchise renewal application, Gozon bragged about its digital TV box receiver Affordabox as the newest […] More
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ABS-CBN Corp.’s shares stay below P9 as the network recovers from its terminated TV5 investment deal
After the termination of its investment deal with the broadcasting player TV5–the embattled media giant ABS-CBN’s outlook remains murky. ABS-CBN Corporation already showed slight progress in the stock market, with a positive share growth in the past two trading days. It may take a while before its stocks reach the surprising high they had last […] More
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Atty. Aldwin Alegre highlights the milestones of AQ Prime since its launch
AQ Prime CEO Atty Aldwin Alegre shared on September 8 that he plans to reveal what AQ Prime Stream has achieved since its launch. Alegre was satisfied with what they have achieved since the streaming app was launched on August 8. He said they will be sharing with their supporters the milestones soon. “So probably, […] More
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UnionBank revealed how it helped start-ups, fintech companies
UnionBank’s Chief Information and Operations Officer Dennis Omila revealed on September 7, how the digital banking pioneer helped startups and fintech companies during the 2022 UnionBank Innovation Festival at the UnionBank Innovation Campus. During a media briefing with the press, including LionhearTV, Omila cited that they embraced startups and fintech, and cited their collaboration with small-scale […] More
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Did Manny V. Pangilinan give in to political pressure to save Meralco, PLDT by terminating deal between TV5 and ABS-CBN?
Metro Pacific Investments Corp. chairman and president Manny V. Pangilinan reportedly pulled the plug on the ABS-CBN-TV5 and Cignal-SKY Cable deal after some influential Congress leaders gave him a ‘fair warning’ that would endanger the franchises of PLDT and Meralco. In an article published by Bilyonaryo, an insider said that MVP decided to abandon the […] More
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Betsy founder cites the value of the soul, creativity, and imagination in Pinoy Pride
On August 31, Betsy PH founder Judy Anne Santos-Sierszula cited the value of the soul, creativity, and imagination to Pinoy Pride. At the media conference for Betsy Philippines website launch with the press, including LionhearTV, Santos-Sierszula acknowledged that other sectors also need help. “Marami namang na pwede namang tulungan, marami namang sektor ng ekonomiya na […] More
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ABS-CBN Corp’s shares plunged deep amid termination of the TV5 investment deal
The embattled media giant took a major nosedive at the stock market on August 31, following the announcement of the termination of its planned investment deal with Manny V. Pangilinan’s MediaQuest Holdings and its TV network, TV5. After weeks of glaring scrutiny by the House of Representatives under the helm of franchise killer SAGIP party-list […] More
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Cignal and Skycable announces the termination of the Sale and Purchase Agreement
In disclosures to both the Philippine Stock Exchange and the Securities Exchange Commission today, Sky Vision Corporation (“Sky Vision”), ABS-CBN Corporation, Lopez, Inc., and Cignal Cable Corporation (“Cignal Cable”), announced that they have mutually agreed to terminate the Sale and Purchase Agreement dated 10 August 2022 covering the proposed acquisition by Cignal Cable of 38.88% […] More
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Media Expert Says No Irregularities in ABS-CBN and TV5 Deal; More Lawmakers Back Kapamilya & Kapatid Joint Venture
The public was surprised on Wednesday after ABS-CBN and TV5 announced that it was putting on hold its joint venture that would enable the public greater access to quality content that it will produce. Both media entities agreed to pause their closing preparations to address the issues raised by certain legislators and the NTC (National […] More
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SEC views the ABS-CBN-TV5 deal as a ‘non-merger’ agreement
The Securities and Exchange Commission said that the investment deal between ABS-CBN Corporation and MediaQuest which operates TV5 is a ‘non-merger’ agreement. According to SEC general counsel Romuald Padilla, the joint venture agreement between the Kapamilya and Kapatid Network doesn’t qualify as a merger based on the Revised Corporation Code. “In relation to the agreement, […] More
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Philippine Competition Commission sees no reason to review the ABS-CBN-TV5 deal
The Philippine Competition Commission (PCC) saw no ‘notifiable’ reason to review the ABS-CBN and TV5 joint venture agreement. During the joint committee hearing of the Legislative Franchises and Trade and Industry Committee on Wednesday, August 24, PCC officer-in-charge Johannes Benjamin Bernabe said the transaction between the ABS-CBN and MediaQuest, which operates TV5 did not meet […] More
