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The Philippine media landscape remains largely grim despite the change in the country’s leadership in mid-2022. Attacks on journalists, which escalated during the six-year presidency of Rodrigo Duterte, have not let up since Ferdinand Marcos Jr. took office.
Broadcast giant GMA Network Inc. plans to boost its digital channels and international distribution to weather the declining advertising revenue on free TV as higher inflation continue to hurt its clients.
Metro Pacific Investments Corporation chairman, president and chief executive officer Manuel V. Pangilinan was mum on the reported partnership between TV5 and ABS-CBN.
ABS-CBN Corp. continues to explore more partnership opportunities to bring its content to a wider audience after its reach was significantly reduced following the loss of its franchise in 2020.
It might take a while for broadcast giant ABS-CBN to secure its own frequencies after the government reallocated its former channels to other broadcasting firms.