After TV5 & ABS-CBN merger: Marcoleta questions TV5's ownership, urges Congress to investigate

After TV5 & ABS-CBN merger: Marcoleta questions TV5's ownership, urges Congress to investigate


Not so fast!

Sagip party-list Rep. Rodante Marcoleta is urging his colleagues in Congress to investigate the merger between broadcasting giants ABS-CBN and TV5 claiming it is in direct violation of existing laws and the 1987 Constitution.

Marcoleta has been known as one of the staunch critic of the Lopez-owned corporation. In his privilege speech he also singled out TV-5 implying its foreign ownerships which is also in direct violation of the Constitution.

(screengrabbed from Youtube)

“This particular deal must be looked into Mr. Speaker, and I think, because of this deal, we have yet to have let the proverbial cat out of the bag Mr. Speaker. Why? MediaQuest, the parent company of TV5, is owned by PLDT Beneficial Trust Fund. And the grapevine Mr. Speaker is so loud that PLDT Beneficial Trust Fund is owned by an Indonesian national,” Marcoleta said.


“So if we will reminisce, Mr. Speaker, that the PDRs were utilized indirectly as conduits for foreigners to own mass media in this country by desecrating and circumventing the very Constitution that we have, baka naman ang mangyari, ganito rin Mr. Speaker, magigising na lang tayo and we will have to see deja vu once again,” he added.


Doing business without a franchise


Marcoleta also raised the argument that whether it is okay for ABS-CBN to find a way towards free television operation again even if Congress has not granted it a new franchise yet, and despite it supposedly not settling obligations to the government.


“Pupwede ba Mr. Speaker, na ang isang network na hindi na natin binigyan ng lisensya because of these established violations, wala na siyang prangkisa, pwede ba siyang sumakay nang gano’n gano’n lang without settling the obligations to the country, to the government?” he asked.

“Mr. Speaker, somebody said that the only thing necessary for evil to triumph is for good men to do nothing. I humbly seek the good men of this chamber, Mr. Speaker, to unite and rally behind a good cause and do something,” he added.

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Ang siste,


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1) Get another job.

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