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This new landscape will also improve the quality of shows and showcase more original storytelling and formats. The new airtime slots that opened freely in broadcast for producers to pitch in just means that may the best content win
The deal was signed late Wednesday and the result, perhaps, is expected to be a powerhouse partnership of two media tycoons, which could be stronger than the local networks we have today.
Cignal Cable Corporation (Cignal Cable) on Wednesday, Aug. 11, entered into a Sale and Purchase Agreement with Sky Vision Corporation (Sky Vision), ABS-CBN Corporation (ABS-CBN), and Lopez, Inc. to acquire 38.88 percent of the total issued and outstanding capital stock of Sky Cable Corporation (Sky
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
ABS-CBN to buy 34.99% stake in TV5; MVP’s Cignal to invest in SkyCable