House panel hears ABS, TV-5 deal, Marcoleta nixes it, Tulfo roots for it

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The House of Representatives Committee on Legislative Franchises will hold a briefing today on the reported agreement between media giants ABS-CBN Corp. and TV5 Network Inc. READ:

The committee, chaired by Parañaque City Rep. Gus Tambunting, will hold the public hearing at 2 p.m., a few days after SAGIP party-list Rep. Rodante Marcoleta delivered a privilege speech questioning the deal as illegal.

But Senator Raffy Tulfo—a former TV and radio talent for TV5—said the viewing public will benefit ABS-CBN and TV5 team up to deliver quality content following their landmark partnership deal signed last week.By joining forces, the Lopez-led ABS-CBN and Manny Pangilinan-led TV5 are set to offer high-quality entertainment and news programs, Tulfo said on ANC’s “Headstart.”

“Why? MediaQuest, the parent company of TV5, is owned by PLDT Beneficial Trust Fund. And the grapevine is so loud that PLDT Beneficial Trust Fund is owned by an Indonesian national,” the party-list solon said. Duterte alleged ABS-CBN never ran his campaign videos on its channels during the 2016 elections despite taking payments for them.

 

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