Now it can be told.
Manny V. Pangilinan
(MVP) just confirmed that its own pay television (Cignal TV) company is in
direct and negotiation talks with Lopez controlled ABS-CBN Corporation to rent
a channel to broadcast its programs.
“That’s currently
under discussions between the two [ABS-CBN and Cignal TV]. I don’t know where
we are. That’s been offered not only to us but with other pay TV operators in
the country. I think some of them have already accepted,”MVP, the chairman of
Cignal said.
 |
| MVP's Cignal cable tv is negotiating with ABS-CBN Corp. |
“I think Cignal is
still assessing it. Hopefuly to decide by next week. We are open to it, but
there’s other factors to consider,” the chairman of Cignal said.
But MVP was very
quick to clarify that there is no ongoing discussions with respect to its free
channel TV-5 with ABS-CBN Corporation.
Cignal Cable is
currently the country’s biggest cable channel television network with a 50
percent market share or 2.2 million subscribers.
Cignal TV is a
subsidiary of MediaQuest Holdings, the media arm of the PLDT Group headed by Manuel
V. Pangilinan.
The ABS-CBN Corp.
application of a new franchise is currently undergoing committee hearings in
the House of Representatives.
What
can you say about this?
Share us your thoughts by simply leaving on the
comment section below. For more news updates, feel free to visit our site
often.
Stay
updated with today's relevant news and trends by hitting the LIKE button.
Thanks
for dropping by and reading this post.
Report from Bilyonaryo
Disclaimer:
Contributed articles does not reflect the view of THE PH CHRONICLES. This website cannot
guarantee the legitimacy of some of the information contributed to us. You may
do additional research if you find some information doubtful. No part of this
article maybe reproduced without permission from this website.
0 Comments