ABS-CBN not threatened with GMA, TV5 merger


photo courtesy of ABS-CBN

The merger between GMA 7 and TV 5 that’s supposed to be finalized within the year offered little threat to ABS-CBN.

Charmain and CEO of ABS-CBN, Eugenio “Gabby” Lopez III confidently stated that the merger does not change anything and that they are just very focused on their own strategy.

Lopez added that they are competing not only against channels but the internet, hundreds of channels and that it makes no difference to him if there’s one owner or a hundred owners because they’re still competing against all of them.

TV 5 Chairman Manny V. Pangilinan announced during PLDT’s stockholders meeting that the merger will be finalized within the year.

So what do you think guys? Do you think Mr. Lopez spoke to soon?



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s