Tag: TV5
Manila, Philippines — Media giant ABS-CBN confirms receiving a notice of termination of its Content Supply Agreement with TV5, signalling an end to its supposed five-year agreement. Signed in 2023, the dispute arose when reports of ‘delayed payment’ as well as ‘ploying to delay’ the payment of almost...
This is just barely a month after Philippine media giants ABS-CBN and TV5 have announced their sales and purchase agreement.
ABS-CBN and TV5 said that the pause will give the space for both media organisations to respond to the issues, and accommodate any relevant changes to the terms.
ABS-CBN Corp will acquire 6,459,393 primary (new) common shares in TV5, representing around 34.99% of the total voting.
'RESET 2021' is the latest offering from Smart as a year-ender through OPM performances.
