THE deal between television networks' TV5 and ABS-CBN is not a merger, Albay 1st District Rep. Edcel Lagman said.He said this in a letter on the 'looming House investigation which may result in the derogation of press freedom and free speech'.'Mr. Speaker, there is absolutely nothing wrong with that arrangement,' Lagman said in his August 22 letter to Speaker Martin Romualdez, a copy of which was shared with reporters on Wednesday.
Lagman said the deal 'is not a merger', explaining that TV5 and ABS-CBN remain separate juridical entities.'Moreover, there is no merger or transfer of controlling interest in TV5', he said.Two committees of the House of Representatives--the Committee on Legislative Franchises and the Committee on Trade and Industry--are scheduled to hold a joint meeting on Wednesday afternoon on Sagip Rep. Rodante Marcoleta's privilege speech regarding the deal.
It was a tactical bluff/move by TV5 & ABS CBN when they announced in media their supposed collaboration/merger, and as they expected to trigger Congress to react and initiates a probe. TV5 & ABS CBN are laughing. Lets wait/see how Congress reacts & put to rest their bluffing.
It was a tactical bluff/move by TV5 & ABS CBN when they announced in media their supposed collaboration/merger, and as they expected to trigger Congress to react and initiates a probe. TV5 & ABS CBN are laughing. Lets wait/see how Congress reacts & put to rest their bluffing.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
ABS-CBN, TV5 'pause' investment dealMedia companies ABS-CBN and TV5 on Wednesday announced they are putting on hold their planned investment deal amid issues raised by lawmakers and the National Telecommunications Commission (NTC). sobrang bulok na sistema ng govt sa bansa kaya walang pag asang umasenso nito Sobrang takot sa ABSCBN.... Maraming salamat po Rep. Rodante Marcoleta sa walang tigil nyong pagbabantay para masiguro na ang kapangyarihan ng Kongreso ay HINDI kailanman maabuso o masaklaw ng sinoman. GumaganangGobyerno 🇵🇭
Läs mer »
ABS-CBN, TV5 'pause' investment dealMedia companies ABS-CBN and TV5 on Wednesday announced they are putting on hold their planned investment deal amid issues raised by lawmakers and the National Telecommunications Commission (NTC). sobrang bulok na sistema ng govt sa bansa kaya walang pag asang umasenso nito Sobrang takot sa ABSCBN.... Maraming salamat po Rep. Rodante Marcoleta sa walang tigil nyong pagbabantay para masiguro na ang kapangyarihan ng Kongreso ay HINDI kailanman maabuso o masaklaw ng sinoman. GumaganangGobyerno 🇵🇭
Läs mer »